How Does Car Financing Work?


Many drivers in the Rolla area often ask us, “How does financing a car work?” If you’ve wondered, what does it mean to finance a car, let us help take the mystery out of it. Car financing involves getting a loan for a vehicle and keeping the terms of that loan. It’s easy to apply for financing with Kingdom Kia. In order to be approved for a car loan, the lender will review your:

  • Employment History
  • Credit History
  • Credit Score
  • Debt-to-Income Ratio
  • Age of the Vehicle
  • Condition of the Vehicle
  • Loan Amount Requested
  • Repayment Terms

Keep in mind that if you haven’t established credit, or have bad credit, you might have to pay a higher interest rate than other applicants around St. James that have better credit. So, try to make an effort to improve your credit score before you apply for a loan.

Things to Do Before Applying for a Car Loan

If you’re in Springfield and want to know how car finance works, it’s best to talk to a finance professional at Kingdom Kia. The first step is to use our payment calculator to figure out exactly how much you can afford to pay per month. These are some things to keep in mind when setting an automotive monthly budget:

  • Build into your monthly budget an estimate for fuel, insurance, car maintenance, and repairs.
  • If you can, save money for a down payment. This will help you keep your monthly payment lower.
  • Figure out the value of your trade-in vehicle with Kingdom Kia. This will reduce the amount of your loan and help keep your payments lower.
  • Promise yourself that you’ll always make your payment on time.

Call Kingdom Kia Today to Get Financing for a Car

Now that you know what is financing a car, you might still have some questions about the car loan process. If you’re in the%% target_city_3%% area, contact the financing team at Kingdom Kia. We’ll patiently answer all of your questions. It doesn’t matter if you want a new car or a pre-owned vehicle, our friendly team will do everything they can to get you behind the wheel of the car of your dreams, so call us today. We’ll help you choose between financing options, and we can even help you learn the difference between a sunroof and a moonroof.

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2600 North Bishop Ave • Rolla, MO 65401

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Kingdom Kia

2600 North Bishop Ave Rolla, MO

Phone: (888) 794-5464


Phone: (888) 378-9460

2600 North Bishop Ave Rolla, MO


Phone: (888) 794-5464

2600 North Bishop Ave Rolla, MO


Phone: (866) 998-1812

2600 North Bishop Ave Rolla, MO
37.9703394 -91.7601976
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Kingdom Kia
Kingdom Kia
2600 North Bishop Ave
Rolla, MO, 65401 USA
(888) 794-5464
Kingdom Kia 37.9703394, -91.7601976.