𝐑𝐚𝐮𝐥 𝐟𝐫𝐨𝐦 𝐍𝐢𝐬𝐬𝐚𝐧

While a down payment is not always required to purchase a vehicle, providing one can be beneficial. It typically reduces your monthly payment amount, can lower your interest rate, and improves your chances of loan approval. However, at Universal Nissan, we understand that every customer’s financial situation is unique. We offer a variety of financing options designed to fit your needs, with or without a down payment. Our team is here to help you navigate your options and make the best decision for your circumstances.

When you apply for vehicle financing, we conduct a credit check to determine your eligibility for loan offers. This is known as a “hard inquiry,” which may slightly lower your credit score by a few points. However, the impact is typically minor and temporary. It’s important to note that credit scores rebound over time with responsible financial behavior. Furthermore, the credit bureaus often treat multiple inquiries for the same type of loan within a short period as a single inquiry to accommodate shopping for the best rates. At Universal Nissan, we strive to make this process as smooth and transparent as possible, ensuring you’re informed every step of the way.

By choosing to engage through this site, you gain the exclusive advantage of working directly with me. Your privacy is paramount; rest assured, your information will be kept confidential and will not be shared with anyone else. This means no unwanted calls or emails from other salespeople — just a straightforward, personalized service. As your direct contact, I am here to serve and assist you in every step of your car buying journey, ensuring a seamless and tailored experience. My commitment is to you and your satisfaction.

GAP insurance, or Guaranteed Asset Protection insurance, acts as a financial safety net in the event that your car is totaled or stolen and you owe more on the vehicle than its depreciated value. It covers the ‘gap’ between your insurance payout and the remaining balance on your loan or lease, which can be significant, especially in the early years of ownership when depreciation outpaces loan repayment.

Deciding whether you need GAP insurance depends on several factors:

• Down Payment: If you put down less than 20%, GAP insurance may be beneficial.
• Depreciation: If your car model depreciates faster than average, you could be at risk for a gap.
• Loan Terms: Longer loan terms can result in a gap as the car’s value drops faster than the loan balance.
• Leased Vehicles: GAP insurance is often included in lease agreements, but it’s worth verifying.

When you finance your vehicle, the dealership receives incentives from the lending bank. These incentives allow us to offer you a lower purchase price. Financing not only helps us but also benefits you as the customer, by providing you with a significant discount that isn’t available through a cash purchase.

¿Por qué es el precio más bajo cuando financio?
Cuando financias tu vehículo, el concesionario recibe incentivos del banco prestamista. Estos incentivos nos permiten ofrecerte un precio de compra más bajo. Financiar no solo nos ayuda a nosotros, sino que también te beneficia a ti como cliente, al proporcionarte un descuento significativo que no está disponible mediante una compra en efectivo.