Get Pre-Approved For Your Auto Loan in Seconds!
Brandon Tomes Subaru
3600 S Central Expy
McKinney, TX 75070
(972) 632-2000
Get Pre-ApprovedBrandon Tomes Volkswagen
1100 S Central Expy
McKinney, TX 75070
(469) 907-2205
Get Pre-ApprovedOur dealerships offer financing and leasing options for all customers!
The finance departments at the Tomes Auto Group family of dealerships offer our Texas customers access to credit assistance and available bankruptcy approval programs that were designed to help even the most credit challenged individuals obtain a new or quality used vehicle. We understand that not everyone has perfect credit, but we don't believe that should disqualify you from obtaining the vehicle you're looking to purchase. Regardless of your current credit score or your previous credit history, Tomes Auto Group wants to help! The experienced personnel that make up our finance departments work hard to provide our customers in McKinney and all of the surrounding communities with the opportunity to purchase a quality vehicle, while also helping them improve their credit score through an auto loan they can afford.
At the Bob Tomes Ford, Brandon Tomes Subaru and Brandon Tomes Volkswagen credit centers, we work hard to make it easy for our Texas customers to get financed. Visit any of our dealerships to speak with one of our automotive finance specialists in person, call to speak with a financing representative by phone or complete one of our convenient online financing applications to possibly receive instant credit approval! If you live in McKinney or any or the surrounding areas, visit one of our dealerships today and let our credit assistance teams tailor a car loan designed specifically for you.
What Documentation Should You Bring to Our Dealerships for Financing?
As with any auto loan from an automotive loan provider, the applicant will be required to provide records, for example, proof of auto insurance and a current, valid driver's license. If applying a subprime car loan, the applicant will have to bring a few additional records. The reason for extra documents is a moneylender is incurring a high risk when financing a subprime car loan. By requiring additional documents, the financer is taking additional steps to ensure that the loan will be likely to benefit both the applicant and the lending institutions.
Here is a rundown of the documentation that subprime loan provider suggest that you carry with you when you initially go to the dealership finance department:
- A valid driver's license - Verify your license is not expired, revoked, or suspended. Also ensure the address listed on your driver's license is current and matches your state of residence.
- Proof of insurance - Take care to include the name of your agent and a reliable contact number. Preemptively adding a new car to your policy will not be necessary until approval.
- Proof of residency - A recent bill for utilities, such as water or electric, is sufficient proof so long as your name is listed and matches the address given.
- Proof of employment - For approval, a recent (within 30 days) pay stub stating your year-to-date earnings is sufficient. Self-employed individuals must provide two years of professionally prepared tax returns.
- A list of personal references - Most finance professionals expect six references. A reference means any individual that knows you personally -- be it a family member, friend, or work colleague. Your list should include full names, addresses, and phone numbers. Keep in mind your references cannot reside at the same address. As a courtesy, get permission from your references before listing them as a lender may contact them.
- Phone number verification - Any phone number provided must be in service and under the applicant's name. Prepaid cell phone numbers will not be accepted.
Additional documentation is required if any of the following apply to you:
- Individuals trading in a vehicle must provide the title.
- Individuals who have completed a bankruptcy must provide discharge papers.
- Individual currently in an open Ch. 13 bankruptcy must provide necessary paperwork after receiving an Authorization to Incur Additional Debt from the court.