Montgomeryville Nissan is pleased to announce its First Time Buyer’s Program!
If you’re a first time car buyer looking for a new Nissan in Montgomeryville, look no further than Montgomeryville Nissan! This program is available for all Nissan models with a maximum finance amount of $20,000. Find out if you qualify by visiting our dealership or checking the qualifications for the program below:
- Credit History: The applicant should have no prior auto loans, no derogatory credit, and a minimum of a 600 score on all applicants
- Income:A verifiable monthly income of $2000 per month, payment-to-income ratio maximum of 18%, debt-to-income ratio of 50%, proof of income necessary prior to approval and three complete references
- Minimum Customer Down Payment:$1000 cash or trade equity (Customer, Bonus, Holiday and Captive Cash does not count towards this requirement)
- Maximum amount financed:$20,000, standard Flat Fee applies (no rate mark-up), tier score equals tier approved (no bumps), maximum terms as published for retail and up to 48 months for lease
- Max advance:100% for Tiers 1-3, 90% for Tiers 4-6 and 80% for Tiers 7-8. Tier 9 applicants will not be considered under this program.