We offer various financing options to our customers.
1. Buyer Bank Financing
If you have pre-approval for a car loan from a bank or
a credit union, we can work with them to finalize the loan smoothly.
If you do not have pre-approval, we can refer you to local banks and
credit unions to apply for a loan. This option usually works best
if you have good to perfect credit.
2. Third Party Financing
We have established relationships with finance companies that are
relatively less restrictive in loan approvals. We can help you get
approved through one of these lenders if you are not able to obtain
approval from a conventional bank or credit union. This option works
best if you have poor to mediocre credit.
3. In-house Financing
We provide in-house financing to qualified customers. Below
is a general criteria for in-house financing:
1. Must have a Texas Drivers License and Social Security card.
2. Must have lived in San Antonio area for at least one year. We require
proof of residency.
3. Must meet the minimum down payment requirement. This varies by
the vehicle and individual's credit.
4. Must be on a full time job for at least 6 months with a minimum
of $1,500 gross monthly income. Employment and income will be verified
with the employer. Must be able to provide last 2 months' paycheck
stubs.
5. Must be able to provide the last 2 months' bank statements. Bank
account should not show negative balances or non sufficient funds.
6. Must be able to provide 5 personal references that do not live
with you with addresses and phone numbers.
7. Must be able to provide full coverage insurance for the term of
contract with Leader Autoplex recorded as the first beneficiary (lienholder).
8. No recent derogatory credit, bankruptcy, or repossessions. First
time buyers are OK.
If you would like to apply for financing, please download and fill out our Credit Application Form. The form needs to be signed and submitted to Leader Autoplex in-person.
Please note that given above are only general requirements for obtaining
credit from Leader Autoplex. Leader Autoplex evaluates each credit
application individually and reserves the right to approve or deny
any credit application.
