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Shopping for a new vehicle? Woodhouse Mazda isn’t just known for excellent Mazda financial customer service; we also provide a seamless financing process, competitive specials, and all the guidance you need. Read on to learn the answers to some of the questions our financial experts encounter most. 

What Are the Perks of Leasing?

Leasing is essentially a long-term rental, which helps you get into a new Mazda vehicle more affordably than financing. Typically, leases last two to three years, so they’re also a convenient way to continuously upgrade your vehicle without the hassle of selling. Plus, you’ll always be in a new model with the latest designs and features.

What Credit Score Do I Need to Shop?

As a general rule of thumb, you’ll want a credit score of at least 600 to qualify for an auto loan. However, there are still options for buyers with bad credit or even no credit at all. Our team is happy to help you find a competitive offer for your loan.

Do I Need GAP Insurance?

GAP insurance is Guaranteed Asset Protection for your new purchase. If you are faced with a total loss, you are still responsible for paying off your auto loan, no matter how much your insurance company deems your vehicle is worth. GAP insurance is designed to cover the difference. 

What Do I Need to Apply for a Loan?

Our financing process is quick and convenient. You can apply with our team or even online from the comfort of your home. You just need to answer a few questions to begin:

  • Name and contact info 
  • Date of birth and social security number 
  • Housing info (rent or own, how long you’ve lived there, mortgage or rent payments) 
  • Employment info (employer name, job title, how long you’ve worked there, monthly income) 

Still have questions? Contact our Mazda dealership in Bellevue, NE to discuss your financing options today!

Categories: Finance