When you’re looking for a new car, the last thing you think about while window shopping is “wait, how do I actually pay for this?” And if you’re a new driver, these thoughts might not enter your mind at all, depending on how you got the car in the first place. But if you’re coming back, then you need to know how to apply for a car loan to afford your new or used Nissan cars, and we want to help you with that.

Remember, any loan you take out you must pay back, so figure out how much you need to afford the vehicle you want. Most auto loans take anywhere from 3-6 years to repay, and the sooner you can pay them off, the better. Of course, shorter terms mean bigger monthly payments, but you will be rewarded with having more value in your vehicle over time. To determine this monthly payment, we need to figure out your credit score, so that should be your next move. The higher your credit score, the lower your interest rate will be, and a lower interest rate means lower monthly payments and more money going towards the actual amount of the loan each month.

From here, you need to speak to a bank to get pre-approved for the loan. You can do that on your own, or you can come to O’Brien Nissan of Bloomington and let our experts at the Nissan financing center help you get the right monthly payments with a rate that won’t leave you high and dry. Whether you’re looking for a brand-new 2019 Nissan Maxima or a certified pre-owned Nissan Rogue, we will work with you to keep your head above water and your feet on the gas. See you soon!