The finance department assists consumers in finding finance solutions through the dealership's access to millions of dollars across many lending resources, according to Paducah Ford, as of 2016. Consumer access to financing options at Paducah Ford in Paducah, Kentucky, includes online quick applications for credit pre-approval and special financing for consumers who have less-than-perfect credit or no credit at all. The financing solutions apply to buying new and used inventory, with or without trade-ins, and also for leasing.Continue Reading
The finance department offers instant pre-approval using the online application, although some consumers may fail to qualify for financing, notes Paducah Ford. The credit application sets into motion a credit analysis that includes obtaining consumer credit reports and providing the application to lenders, financial institutions and third parties as needed to process the request. The dealership also provides an online form to assess the value of any trade-in, and it offers an additional $1,000 for the trade-in.
Commonwealth Credit Union collaborates with Paducah Ford to provide buyer financing. Consumers who qualify for financing can make the arrangements at the dealership by telling the finance manager to complete the paperwork for Commonwealth Credit Union. This lender offers to pay dealer costs for loan processing, except for $149. As a reward, Commonwealth provides a reduced loan rate.Learn more about Credit & Lending