Homer Skelton Financing Services

Homer Skelton Millington has a finance department full of dedicated professionals focused on getting you the loan that fits your needs. When you are in the market for a Dodge, Chrysler, Jeep, or Ram, we never want the cost to get in the way. We want to help get you in the vehicle you love, so our friendly finance managers take the time to understand your exact situation, finding you the most competitive loan they can.

Customer satisfaction is our number one goal. We use all of the tools at our disposal to ensure a great experience from start to finish. At Homer Skelton Millington, our customers can apply for free credit online. We provide pre-approval as quickly as possible, letting customers know they have qualified for one of our finance programs. We also provide a payment calculator to help determine estimated monthly payments at various loan sizes. ― This is a great tool to help you determine how much you can afford to spend on a car, taking a look at how the payments will fit into your budget.

Get Financed

After receiving fast pre-approval for your next vehicle, you attain access to a complete suite of services from Homer Skelton Chrysler Dodge Jeep Ram. We match you with the most competitive available rates directly from the manufacturer, in addition to local Tennessee banks. We also add other services to protect your vehicle investment, including extended warranty programs.

At Homer Skelton Millington, we understand that every case is as unique as the person behind it, so we ensure that there are other financing services available to fit your specific needs. The only thing consistent amongst our financing offers low rates and flexible terms.

Financing Rates from Homer Skelton

No matter if your credit is great, average, or not so good, Homer Skelton will find the best APR available for you. We work with both local and national lenders, tackling all kinds of credit history. Even with a low credit rating in need of a lot of work, Homer Skelton can get you into a car, helping you rebuild your credit. We can overcome almost all credit problems and will create a loan package specifically for you.

Down Payments for Auto Loan

It is recommended to put money down when getting a loan, as the down payment reduces the actual loan amount, making monthly payments smaller and limiting your exposure to interest over time. With that being said, we tailor our credit solutions for every specific customer, understanding that sometimes putting money down is not the best solution for all budgets.

Interest Rates for Auto Loans

There are a lot of factors that go into automotive financing, all of which determine your interest rate; The price of the car, the down payment, and your credit rating. The good news is that Homer Skelton’s finance department specializes in finding the lowest rates available no matter the credit situation. If you have a trade-in and have been good about making car payments on time in the past, there is a great chance that you can get an interest rate lower than your current one. Many of our customers get low, single-digit interest rates thanks to our experienced employees and strong relationships with lenders.

How Do Co-Signers Work?

Co-signers are a good solution when car buyers have weak credit. It is important to find a co-signer with a strong credit rating as it helps secure a better loan than you would have otherwise. Co-signers also assist in getting approved for your vehicle and avoiding unnecessary charges in the long run.

Though the vehicle has two signers, the loan will still show up on your credit report. The co-signer can only be removed from the loan if the loan is refinanced.  Some lenders try to act like it is an easy process removing a co-signer during the term of a loan; however, this is not the case. As long as the same loan is active, the co-signer remains on it. Homer Skelton only partners with the most trustworthy lenders, to ensure you receive straight answers about the effects of using a co-signer.

Social Security and Pension Income for Car Loans

Social security and pensions can count as income when trying to get a loan. In many cases, social security income may even count for more than normal income as it comes without taxes. Homer Skelton Finance can help determine how your retirement income will affect your ability to secure a loan.

Homer Skelton Finance

Just 30 minutes from Memphis, Homer Skelton Millington is your number one West Tennessee dealership. We’re conveniently located for residents of Memphis, Southaven, Jackson, Collierville, and all of the surrounding areas. Our unbeatable financing offers are available on both new and used cars, so you can get a great loan no matter which kind of vehicle you need.

Contact us to make an appointment, check out our inventory, and sit down with a financing specialist.