Buying a luxurious Bentley model is a serious financial commitment. It also usually involves taking out a loan as part of the Bentley financing process. If you have questions about how this works or what it entails, Fields Bentley Orlando wants you to have all of the information you need, which is why we created this guide.
 
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What Does Financing Involve?
When you finance a new Bentley model, you borrow money to pay for it. The first step is to get pre-approved, which accomplishes two things - it lets you know that a bank is willing to give you money and also how much they will lend you.
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Can I Finance New and Pre-Owned Bentley Vehicles?
While financing is certainly a possibility if you plan to buy a new Bentley vehicle, these are not the only cars that offer this as an option. You can also finance a pre-owned Bentley vehicle or a Certified Pre-Owned model.
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How Big of a Role Does Credit Play in Financing?
Before lenders decide to give you money, your financials will be scrutinized. This includes your debt and income. Your credit score will also be looked at closely, as this is a factor used to gauge risk.
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What Does a Low Credit Score Mean for Financing?
If you have a low credit score, you should still be able to finance your Bentley model. However, this may mean that you won't be able to get as much money for your loan and that you will have a higher interest rate.
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How Can I Reduce Financing Costs?
There are many things you can do to lower your financing expenses. Choosing a less expensive model is one tactic. Increasing your down payment can also help. You may also want to consider using a co-signer with excellent credit on your loan.
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Start the Bentley Financing Process in Orlando, FL
If you are ready to get the Bentley financing process underway, you can start it now. Our Bentley dealership in Orlando, FL, has an online application you can fill out that will get you pre-approved for a loan. Contact our finance department with any questions or to schedule a test drive!
