how long does the car buying process usually take once you decide on the car you want and they submit the paperwork to the finance company? also, can you be rejected for financing even if you have a co-signer with excellent credit?
2006-08-18 05:43:08 · 3 answers · asked by MiaDiva28 6 in Cars & Transportation ➔ Buying & Selling
if your credit is good you should know in less than 3 hours,,if your credit is a little bad,it may take a little while,,it all depends on which finance company you use,,and how long it has been since you last bought something on credit,the usual time is for most people is the same day,,but it can take as long as as 3 days,,good luck with it,,and yes you can be rejected ,,i know of many people who have been rejected on a loan,,but there is always someone out there that will finance you.
2006-08-18 06:00:19 · answer #1 · answered by dodge man 7 · 0⤊ 0⤋
If your credit is good, in a matter of minutes. The dealer has the incentive to close the sale and send you home in the car. Even if your credit is not good, the dealer will find ways to sell you the car by finding another financing company.
2006-08-18 06:27:20 · answer #2 · answered by cherox 3 · 0⤊ 0⤋
It should be done within a matter of minutes. If you have a cosigner with excellent credit, there should be no problem.
2006-08-18 05:50:47 · answer #3 · answered by Papa John 6 · 0⤊ 0⤋