Your Questions About Kia Finance, Answered!

Buying a new car is exciting and fun, but it can also be a little daunting, especially when it comes to Kia finance options. While you can do research on whether the Kia Forte and or Kia Soul will suit you better, you may have questions about financing those automobiles that we can help you with here at Folsom Lake Kia. Here are some answers to common financing questions.

How Does My Credit Score Affect Financing?

Your credit score is determined by your credit history. When you apply for financing at our Kia dealership, we'll take a look at your credit score. We'll also review your current financial situation-your income, the bills you're paying, and other factors.

All of these elements together will help determine what kind of financing options are available to you. A higher credit score usually translates to offers from more lending institutions with better interest rates.

How Does the Car I Choose Affect Financing?

The higher the sticker price of the car, the more money you'll need to afford it month-to-month. A car with more features will be more expensive, so if you want to stick to lower monthly payments, it may be best to make a list of the features and options you want most, and find a car that has those.

You can also ask us about specials on new Kia cars. We may have an incentive that will help lower the purchase price of your chosen vehicle, or a special financing deal that applies to certain models.

How Do I Know If I Will Be Approved for Financing?

You can apply for Kia financing right here on our website before you even choose a car. Once you've filled out the application, we'll review the information and check with our network of lending institutions to see what options would work best with your financial status.

The total amount you're pre-approved for doesn't have to be used; you can choose a lower-priced vehicle and reduce your payments. You won't be able to go higher than the pre-approved amount, though, so you'll know exactly how much you can spend.

At our Folsom, CA dealership, we want to make sure your car-buying experience is fun and stress-free. When you stop by for a test-drive, ask all the questions you want!