FINANCE

Your Used Automotive Financing Experts

At AutoPlex 2000, we offer competitive financing rates and terms, that’s where our car loan specialists step in. We’re here to help you by going over every option clearly and will work hard to find the right plan for you. Whether adding accessories or protection packages or figuring out the final details of your loan, let us guide you along the way. We have finance options for EVERYONE. Contact AutoPlex 2000’s finance team today or if you’re ready to start the financing process, you can fill out our secure finance application online.

Auto Finance Vocabulary

• APR: The Annual Percentage Rate.
• Assignment: A transfer of a loan from one lender to another.
• Base Price: The costs of a car with standard equip incentives & freight.
• Certificate of Title: A Legal document issued by a state at the time of sale.
• Co-signer: A person who takes on a loan if the orig. borrower stops pay.
• Default: Failure to meet the terms of the loan.
• Interest: A percentage charge for a loan.
• MSRP: Manufacturers Suggested Retail Price.
• Refinance: When one loan is used to pay off another.
• Term: The length of the loan, 24, 48, 60... months.
• Underwriting: Verifying the data used to obtain a loan.