Have you decided that 2026 is the year to upgrade your vehicle? If you’ve decided that you want to apply for GMC financing this year, we can help. Lunghamer Buick GMC is sharing a few tips to help you prepare.
Determine Your Budget
For many car buyers, cost is one of the most important factors. Experts generally recommend that you keep your auto payment expenses under 20 percent of your take-home pay. This cost includes your auto payment, insurance, maintenance, and fuel. An auto payment calculator can provide a quick estimate of your loan payment to help you determine how much to spend overall.
Check Your Credit Score
When you apply for GMC financing, your credit score can seriously impact your loan. A higher credit score can help you get more offers, which will often include better terms. There are many resources online to check your score, or you can request a free credit report at annualcreditreport.com. If your score is a concern, try to address it before you shop or consider adding a co-signer.
Prepare Your Documentation
During the application process, we’ll need to collect your buying criteria. You’ll also need to verify the information, so make sure you bring all the appropriate documentation. You’ll need to bring proof of your identity, income, and residency, as well as valid auto insurance. If you’re trading in your current vehicle, don’t forget to bring all sets of car keys, your registration, and your title (or lien paperwork).
Apply for GMC Financing in Waterford, MI
Once you have all the documentation you need, stop by our dealership to meet with our team. You can make an appointment or simply stop by Lunghamer Buick GMC during our regular business hours. We’d love to help you buy a new GMC SUV today!