Financing a Volkswagen Beetle in Lynbrook, NY

January 21st, 2020 by

If your 2020 plans include buying a Volkswagen Beetle in Lynbrook, NY, it shouldn’t come as a surprise that Sunrise Volkswagen is here to help! From our robust inventory to our knowledgeable sales staff, the Sunrise Volkswagen team will work hard to make sure you drive home in the Volkswagen of your dreams.

If you’re a first-time buyer, you may be wondering what it takes to secure financing on a brand-new car. While it’s true that getting a loan with limited credit can be tricky, it’s not impossible. The Sunrise Volkswagen finance department can help you with our Volkswagen First-Time Buyer Program. As long as you’ve been working full-time for at least one year, we can help you find a vehicle loan with terms that work for you.


What do lenders usually look for with auto loans?

Whether you finance through your favorite bank or us, a lender will start by taking a look at your credit history. This is to assess the accounts you have open, your payment history, and to get an idea of your existing debt. Debt for first-time car buyers usually takes the form of credit card or student loan debt, and carrying a bit of debt does not necessarily disqualify you from an auto loan.

Your credit history directly impacts the interest rate at which your loan will be offered. The stronger your credit history, the lower APR you’ll tend to qualify for. This also ties into the loan terms, or how long you have to repay your loan. A five-year auto loan is typical for new cars, but vehicle loans can range anywhere from three to six years, depending on your credit history, the price of the vehicle, and your down payment.

Contact Sunrise Volkswagen in Lynbrook today to learn more about financing your new Volkswagen Beetle!

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