Frequently Asked Financing Questions
Q? Does Titus-Will offer multiple sources for financing?
A! Yes. We recognize that most customers will finance their vehicle purchase and would like assistance in obtaining competitive terms in a convenient fashion.
Titus-Will works with a number of other nationally recognized finance companies, and if more than one finance company provides an approval, you can choose the payment plan that best fits your needs. Each of these finance companies offers some of the most competitive rates and terms in the industry. Plus, we are online with most of these finance companies, so most credit decisions are received in less than 20 minutes. This means you can complete the transaction in one visit and in a timely fashion.
Titus-Will has developed a very consumer friendly process that is tailored to meet the needs of each individual buyer. If convenience, low cost, timeliness and having a variety of financing options are important to you, Titus-Will is the answer.
Q? What will my total cost be?
A! Your cost will be price + tax, title, and tag + documentary/processing fees and finance charges from the finance companies. All fees are disclosed up front, at the time of your purchase.
You can also include the costs of your extended service plan and accessory purchases in your financing if you choose. No undisclosed costs will be added. Only the price of your chosen product and the finance charges from the finance company will be included in your total cost.
Q? How can I estimate my payments?
A! For your convenience, we have included a link to our payment estimator. To use it, you simply need to enter the anticipated amount financed, annual percentage rate (APR) and a repayment term. Please note - the rate and term you receive when you apply for credit may differ from the estimate you use.
Q? How is my annual percentage rate (APR) determined?
A! In general, finance companies base their offers (APR and repayment terms) on the following: credit application information, credit history, down payment and the age of the vehicle.
Your APR may also vary depending on the term you choose. Some customers prefer to reduce the total finance charges they pay, so they select a shorter term; others want the lowest possible payment, so they choose a longer term with a slightly higher rate.
No matter what choice you make, you can rest easy knowing that all of the finance companies with whom we work offer simple interest financing and some of the most competitive rates and terms in the industry.
If you want a shorter term and a lower payment, leasing is a wonderful option that is gaining in popularity. Learn all about leasing HERE.
Q? What paperwork should I have?
A! While this may vary slightly from one finance company to another, the following is typical of the documentation you will need to complete the transaction:
•Valid Driver’s License
•Current insurance policy or information
•Registration and title for your trade-in vehicle (or account information if a payoff is involved)
In some cases, an individual finance company may ask for one or more of the following:
•Proof of residence (evidenced by a utility or phone bill, lease agreement or deed)
•Personal references
•Proof of income (as verified by current pay stubs, W-2’s, tax returns or other related documents)
•Other documents that may be specific to the individual customer or finance company
Titus-Will's friendly Finance Specialists will help get you financed no matter what your credit situation. In fact, you can get the process started by filling out our online loan approval form. In the meantime, here's some information about Titus-Will Financing.