Nissan’s First Time Buyer Program
Campbell Nissan of Edmonds is excited to offer the “Entry Buyer Program” to our customers. This program is available on all NEW and Used Nissans with a finance amount up to $20,000!
There are some small requirements that need to be met in order to qualify for this special program. Such as verifiable employment, income, etc. Please contact us soon to see if you qualify!
What is the Entry Buyer Program?
Many manufacturers and finance companies will consider someone that has a credit history but not auto loan history for a first-time buyer. But many first time buyers will generally have nothing negative on their credit report. Usually, they have very little or nothing on their credit. This is when a co-signer may be needed. A co-signer is a person that has established credit that will sign the finance papers with you. By signing the papers, they agree to make payments in case you default. This effectively removes the first time buyer’s risk for the financial institution and puts it on the co-signer.
While a first-time buyers program may give you a break on credit history, you will still need to have to the proper level of income. Finance companies want to be sure that you have the ability to pay back your loan. Plus, the more income that you have, the more you can save up for a down payment which will also affect your chances in getting financed.
Establishing good credit under our program, by making your payments on time, will make it easier for you to obtain financing in the future. You will have a good credit history in no time.