16
Brands
We are transitioning to a new site, we apologize for any discrepancy in pricing. ***See dealer to verify pricing
Finance Options
Finance Options
Let us help you finance the vehicle you deserve.
For over 55 years, Don Franklin Auto Family of Dealerships has helped our customers secure a great deal on a new or used vehicle. That’s achieved with the expert assistance of our auto finance center to guide you throughout the financing process from beginning to end. After you’ve chosen a new car, we’ll crunch the numbers to ensure that you’re receiving the lowest possible interest rate and price on your next ride.
40% of people have a credit score of 700 or lower.
At Don Franklin Auto, we'll get you approved regardless of your current credit situation.
Credit scores are important, but there are other factors to consider when being considered for a loan:
- Your overall income
- The amount of the down payment
- Any current debt
- Stability within your profession
- And more
If you think you don't qualify - think again! We've heard it all before:
"My credit is bad"
Don Franklin will work with you each step of the way during your new vehicle journey. If you have any questions about how to get a car loan with bad credit, don’t hesitate to contact our office anytime! You can also stop by our finance center near Somerset, KY to talk to a member of our finance team in person, and we’ll be happy to help you out.
"I've been turned away before"
Unlike some dealerships in Kentucky, at Don Franklin Auto, the customer comes first. Our customers have been loyal to us because we’re loyal to them. We'll answer any questions you may have and work alongside you to do all we can to get you into the car of your dreams. The good news is that if you need a car loan, there are always ways to improve your odds of getting approved.
"I've filed for bankruptcy"
It can be challenging to get a car loan after filing for bankruptcy, but it's not impossible. There are ways to improve your chances of loan approval, such as boosting your credit score, saving for a down payment, and adding a creditworthy cosigner. Don Franklin is proud to say that our goal is always to get you behind the wheel of your next vehicle. Contact us today to discuss your options!
Certified Pre-Owned
Your monthly car payment must be proportional to how much income you receive each month. Together, we set realistic goals to get you into something you can easily pay for.
Loan to Value
Loan to value is a ratio of the amount of money that you are borrowing in relation to the value of the car that is assigned by the lender. Your chances of getting approved are much lower when the loan exceeds the assigned value.
Length of Loan
When you buy a car, it's considered collateral to your lender. The number of months or years a lender is willing to spread out the monthly payments is based on the vehicle's age, make, model, mileage, and cost to repair, insure and maintain.