First-Time Car Buyer Near Greensboro, NC
Buying your first vehicle is a big step, but you do not have to figure it out by yourself. Peters Auto Mall works with first-time buyers and customers with little or no established auto-loan history.
Your First Car Loan Does Not Have to Be Complicated
If you have never financed a vehicle before, you may not know where to begin. Our team can help you understand the process, look at the available options and work toward a vehicle that fits your situation.
Having little or no previous auto-loan history does not mean there is nothing to work with. Peters Auto Mall works with multiple financing sources and also offers Buy Here Pay Here options.
You can begin the process even if you have never financed a vehicle before.
We work with multiple outside financing sources rather than limiting every customer to one option.
Peters Auto Mall also offers Buy Here Pay Here options.
Start online with basic information when you want a quick first step into the financing process.
Complete the full application when you are ready for a more complete financing review.
Peters Auto Mall does not charge a dealer documentation fee.
A Simple First-Time Buyer Process
You do not have to handle everything at once. Start with these steps.
Give us some basic information so you can begin exploring your financing options.
Look at the cars, trucks, SUVs and vans available now and see what fits your needs.
When you are ready, provide the full information needed for a financing review.
Supply any additional information or documentation requested for your application.
Review the vehicle, financing terms and overall transaction before making your decision.
Once everything is completed, finish the purchase and take delivery of your vehicle.
No Credit History? That Is Why This Page Is Here.
Everyone has to start somewhere. If you have never had an auto loan, have very little established credit or are just beginning to build your credit history, we still want the opportunity to work with you.
Your financing situation can involve more than a credit score. Current income, employment, residence, money down, a trade, the vehicle you choose and other application details can all be part of the process.
See Where You StandShop Vehicles Before Driving From Greensboro
You can browse Peters Auto Mall inventory online before making the trip to High Point. Inventory changes frequently, so the live listings are the best way to see what we have available right now.
Don't See What You're Looking For?
Peters Auto Mall often has additional vehicles moving through inspection, service and detailing before they appear on the website.
We may already have the car, truck or SUV you are looking for, and some vehicles may sell before they appear online.
Ask About Incoming Vehicles - 336-781-2892First-Time Buyer or Rebuilding Credit?
Having no established auto-credit history is different from rebuilding after past credit problems.
If repossessions, bankruptcy, collections, charge-offs, student loan payment problems or other past credit challenges are your main concern, our Greensboro financing page for customers rebuilding credit may better match your situation.
Financing With Credit Challenges Near GreensboroWhat Information Might You Need?
Documentation requirements depend on the financing source and individual transaction. Having accurate information ready can make the process easier.
A driver's license or acceptable state-issued identification may be used depending on the transaction.
Income verification may include pay stubs, bank statements or other acceptable documentation.
Your current address and residence information may be part of the application.
Current employment details can be part of the financing review.
A down payment may be required in some situations, but there is not one amount that applies to every first-time buyer.
Peters Auto Mall works with customers in different identification situations, including customers who use an ITIN.
Have a Vehicle to Trade or Sell?
Some first-time finance customers already own a vehicle. Whether you want to trade it toward your first financed purchase or simply sell it to Peters Auto Mall, we can evaluate it.
Your current vehicle can be evaluated as part of your next purchase.
Peters Auto Mall can verify the lender payoff and handle the payoff and title process as part of the transaction.
No paying to advertise or promote your vehicle yourself.
Skip unanswered messages, lowball offers and buyers who make plans but never show up.
You do not have to arrange private meetings or test drives with unfamiliar buyers.
You can sell your vehicle directly to Peters Auto Mall without purchasing another vehicle from us.
First-Time Buyer Questions
Yes. First-time buyers are welcome at Peters Auto Mall. You can start the process even if you have never had an auto loan before.
No credit is different from bad credit, and Peters Auto Mall works with customers who have little or no established credit history.
No. A co-buyer is not automatically required just because this is your first auto loan. Your overall application determines what options are available.
There is not one down-payment amount that applies to every first-time buyer. The amount can depend on the application, vehicle and financing option.
Yes. Peters Auto Mall works with customers who use an ITIN. Documentation and financing requirements depend on the individual transaction and financing source.
Yes. You can start with pre-approval, browse current inventory, value your trade and complete a full credit application online before coming to High Point.
Talk to us before you give up. Peters Auto Mall works with multiple financing sources and offers Buy Here Pay Here options, giving our team more than one path to explore for different customer situations. Approval is not guaranteed and depends on the individual application and financing requirements.
Why Peters Auto Mall?
Peters Auto Mall has served High Point and the surrounding Triad since 1993. First-time buyers can explore multiple financing sources, Buy Here Pay Here options and frequently changing used inventory before making the trip from Greensboro.
Peters Auto Mall does not charge a dealer documentation fee.
Vehicles move through our service, detailing and get-ready process, with the required North Carolina State Inspection completed as applicable.
Qualifying vehicles include a 30-day / 1,000-mile limited powertrain warranty.
We work with multiple outside financing sources plus Buy Here Pay Here options.
Never having financed a vehicle before does not prevent you from starting the process.
Your current vehicle can be evaluated whether it is paid off or still has an existing payoff.
Two High Point Locations Serving Greensboro
Start online from Greensboro, then choose the Peters Auto Mall location that is most convenient for you. Inventory may be located at either High Point store, so call about a specific vehicle before making the trip.