Lynnes Nissan City is pleased to announce its First Time Buyer’s Program!
If you’re a first time car buyer looking for a new Nissan in Bloomfield, look no further than Lynnes Nissan City! This program is available for all Nissan models with a maximum finance amount of $20,000. Find out if you qualify by visiting our dealership or checking the qualifications for the program below:
- Credit History: The applicant should have no prior auto loans, no derogatory credit, and a minimum of a 600 score on all applicants.
- Income: A verifiable monthly income of $2000 per month, payment-to-income ratio maximum of 18%, debt-to-income ratio of 50%, proof of income necessary prior to approval and three complete references.
- Minimum Customer Down Payment: $1000 cash or trade equity (Customer, Bonus, Holiday and Captive Cash does not count towards this requirement).
- Maximum Amount Financed: $20,000, standard Flat Fee applies (no rate mark-up), tier score equals tier approved (no bumps), maximum terms as published for retail and up to 48 months for lease.
- Max Advance: 100% for Tiers 1-3, 90% for Tiers 4-6 and 80% for Tiers 7-8. Tier 9 applicants will not be considered under this program.
Apply today or give a call to our helpful finance office at (877) 535-6227!