Credit FAQs

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Southpoint Credit Center - Frequently Asked Questions

Do I have to put cash down or trade in a car in order to get approved?

No, no down payment or trade-in required here at Crown Honda of Southpoint to help you secure a car loan.

I want to purchase an SUV, truck or van, are these options when getting financed?

Yes. Selection is always an option at Crown Honda of Southpoint. We have a large inventory and will help you find the perfect vehicle to suit your needs. All of our used vehicles go through a thorough inspection and are well reconditioned.

I just moved to the Durham area haven't held my current job for very long. Can you help?

Yes! Lenders usually ask for two years of continuous employment and residence history, but our relationships with lenders we frequently work with can provide you with opportunities and options even if your current job is new.

I have a trade-in, but it's worth less than I owe on it. Can I still get approved for a car loan?

Yes! And this is a more common scenario that you'd think. With our large selection of inventory and team of credit experts, we can get your payment lowered and help you find a reliable vehicle.

I am self-employed, am I still eligible for an auto loan?

Yes. We have lenders that can help you get financed by just verifying your income with your previous two years tax returns.

Good Credit? Bad Credit? No Credit? Bankruptcy? No Problem!

Let Crown Honda of Southpoint Credit Center get you on your way to a new auto loan and ultimately, your new car!