Frequently Asked Questions (FAQ)
How do you buy a car as a first-time car-buyer?
Buying your first car can feel overwhelming, but it doesn't have to be. At Gerald Auto Sales in Joliet, we work with many first-time buyers from across Will County, and we know the most common questions people have before making that big decision. Below, we break down exactly what you need and what to expect when you're buying your first car.
Q: What do I need to prepare before buying my first car?
A: One of the first things you should do is begin saving for a down payment. While everyone’s situation is different, a good rule of thumb is to have about 10% of the vehicle’s price ready to put down. This helps reduce the amount you’ll need to finance and may also help with loan approval if you're new to credit.
Q: What kind of documents should I bring with me?
A: First-time buyers need to bring proof of income to show they’re able to handle monthly payments. Usually, one month of recent pay stubs is enough, though in some cases, two weeks’ worth will do. If you’re self-employed or work freelance, recent bank statements or 1099 forms may also help.
Q: How do I know what I can afford?
A: Before you start shopping, take a look at your monthly income and expenses. How much room do you have in your budget? A good approach is to work out a monthly payment you’re comfortable with and stick to it. Be realistic—remember to factor in insurance, gas, and maintenance too. Having a clear number in mind helps narrow down your options and makes the financing process smoother.
Q: Where should I buy my first car?
A: That part’s easy—come to Gerald Auto Sales in Joliet. We’ve helped thousands of first-time buyers around the Joliet area find the right car with flexible financing options and a friendly, no-pressure team. Whether you're just starting your job in town or commuting from nearby New Lenox or Crest Hill, we can guide you every step of the way.
What credit score is needed to finance a used car in Joliet?
The short answer is — any score. Whether you have excellent credit, are building credit for the first time, or have had some bumps along the way, you still have options. At Gerald Auto Sales in Joliet, we understand that not everyone has perfect credit, and we don’t believe that should stand in the way of buying a reliable vehicle.
We work with a wide network of banks and financial institutions, giving us the flexibility to match you with a lender that fits your specific situation. That means even if your credit score is on the lower side, there’s a good chance we can still get you approved.
Our financing process is designed to be simple and stress-free. We'll sit down with you, go over your budget, and help you understand what you qualify for. If you're a first-time buyer or rebuilding your credit, we’ll walk you through each step and help you make a choice that’s smart and manageable.
What sets us apart here in Joliet is that we take the time to listen. We don’t just look at a credit score—we look at the whole picture. Your job stability, income, and how much you can afford monthly all play a role in your financing options. We’ve helped many customers across Joliet, Crest Hill, New Lenox, and beyond drive off in a dependable used car, even when they thought they couldn’t get approved.
So, don’t let your credit score hold you back. Come talk to us at Gerald Auto Sales. We’re here to help you get into the right vehicle for the right price—regardless of your credit history.
Can I buy a car with no Money down?
Yes, you can. Gerald Auto Sales in Joliet is ready to help make that happen. We understand that not everyone has extra cash available for a down payment. That’s why we offer zero-down financing options for qualified buyers. Whether you are working to build your credit, managing a tight budget, or simply looking to keep your savings intact, we are here to find the financing solution that fits your needs.
When you finance a car with no money down, you are not required to make an initial payment at the time of purchase. Instead, the total cost of the vehicle, including taxes and fees, is included in your monthly loan payments. This gives you the opportunity to get the car you need without waiting to save up a large amount of money. It is a helpful option if you need dependable transportation right away, want to use your cash for other expenses, or are focusing on improving your credit through consistent loan payments.
Eligibility for a no-money-down car loan depends on a few key factors. Lenders consider your credit history, income, job stability, and the vehicle you select. Even if your credit score is not ideal, we can help. Gerald Auto Sales specializes in assisting customers with all types of credit, including those with no credit or a history of financial difficulties. Because we work with a wide range of lenders, we can offer more flexibility than many other dealerships.
The first step is to complete our secure online financing application. Once we receive your information, our team will follow up to discuss the loan options that match your budget and goals. We treat every customer as an individual and take the time to explain your financing choices clearly and respectfully.
If you prefer to apply in person, we welcome you to visit the dealership. To make the process faster, please bring your driver’s license, recent proof of income such as pay stubs or bank statements, a document that confirms your current address like a utility bill or lease, and your auto insurance information. If anything is missing, that’s okay. We will help you through the next steps and work with you to get everything in place.
At Gerald Auto Sales in Joliet, we offer affordable used cars, trucks, and SUVs with flexible financing options that include no-money-down approvals. If you are wondering whether you can really buy a car without a down payment, the answer is yes. We are here to guide you through the process and get you on the road with confidence. Visit our dealership or apply online today. Your next vehicle is waiting.