Frequently Asked Questions
We understand you may have questions about how ABC MotorCredit works. We've compiled some of the most commonly asked questions from our customers to help guide you through the car buying process. Still need help? Reach out to our friendly team today! 440-232-0001
If you already made a purchase from us, check out Current Customer FAQs.
Credit & Approval
Yes, of course! Although you may not want to select the most expensive, newest, and most fully-loaded vehicle on the lot (since your down payment and monthly payments will be higher), we want you to be happy with even the very first vehicle you finance with us! Find a vehicle that will fit your budget. Remember, the main goal is to get a reliable vehicle while improving your credit score. Once you’ve made consistent, timely payments on it and you improve your credit score, we will be here for you when it is time to upgrade to an even nicer, newer vehicle.
Although most used car shoppers are denied financing at traditional auto dealerships, ABC MotorCredit was created specifically for good people with bad credit. We understand that sometimes “stuff happens” ~ you lose your job, you get a divorce, you file for bankruptcy, your hours are cut at work, and/or unexpected medical bills arise. While these life circumstances may have affected your credit, it doesn’t change the fact that you still need a reliable vehicle to drive to work, get your kids to school, run your errands, and enjoy your life. Stop in at any one of our dealership locations and we’ll get you financed so that you can drive home today in a new-to-you vehicle!
Payments & Financing
Your monthly payment is based on several factors, including:
- the vehicle you pick
- the amount of your down payment
- The value of your trade in
- The length of your loan
To keep your payment amount more affordable, we set your pay frequency to match how often you get paid. So if you get paid every week, then you pay a smaller payment amount every week. Get paid every 2 weeks? Pay your note every 2 weeks, and so on.
Your payment is due on your due date, and our loans do not offer a grace period. This works well for you because paying on time can help improve your credit score. Remember, due dates are set up to coincide with the day you get paid, making it easier for you.
No. We set up your loan to match how you get paid. So we will set it up weekly, bi-weekly, semi monthly or monthly. Most people find it is easier to make smaller payments when you get paid instead of a large payment when you don’t get paid.
- Driver’s License
- 3 most recent pay stubs
- 1 current utility bill in your name, or current lease agreement
- Cash for your down payment
- Trade in and title, if applicable
Vehicle & Warranty
Yes! Every vehicle we sell and finance with DBS Financial has a 24 month/ 24,000 mile, or a 12 month/ 12,000 mile Extended Service Plan available. For the whole list of everything covered, click here!
In addition to an inspection performed on each vehicle before we decide if we want to purchase it and add it to our inventory for our customers, we also do a rigorous mechanical inspection on each vehicle we buy and officially add to our inventory ~ which is one of the reasons why we are confident in offering an extended service plan with each vehicle. Because we want to build a long-term relationship with our customers and not simply sell them one vehicle, one time, we pride ourselves on offering a diverse selection of reliable, thoroughly-inspected vehicles.
Yes. Any and all vehicles purchased at ABC MotorCredit will pass the E-check inspection or we will fix it so it will.
Every situation is different, but the most important thing we look at is your pay history with us. So keep making your payments on time and we will be able to help you sooner.
Licensing & Insurance
If you do not have full coverage insurance already, we can provide you with Collateral Protection Insurance (CPI) which is usually less expensive than full coverage. The lender we work with allows this, or full coverage. Additionally if you have to carry an SR22, you can carry our CPI coverage with that.
We can accept a current driver’s license or temporary permit.
No. We can accept a valid driver’s license from any state.
Why ABC MotorCredit & Process
Lots of reasons. For starters, we’ve been in business for over 35 years as an established, experienced, and reputable “buy here, pay here” dealership in Ohio; we’re not a new start-up dealership . In addition:
- we have a nice inventory of over 400 cars, vans, SUVs from which to choose,
- we help many new and repeat customers each year,
- we’re family owned and maintain those family values with how we treat our customers and run the business,
- we employ a knowledgeable, down-to-earth staff.
We can do most of the work ahead of time. We can get you approved and collect all of your loan documents like paystubs and lease agreement. We can help you with all of this.
Loading footer...