Frequently Ask Questions:
Do you have special financing needs? No problem! Ferrario Auto Team has a network of lenders that allow us to say we can get you approved when nobody else can! We can help you get a vehicle and help you get back on track! Simply fill out the secure application online, stop by or give us a call. We can help!
- How much money do I need to put down?
While this varies based on different credit factors a good rule of thumb is to expect to put down 15-20% of the purchase price. The more money you put down, the more vehicle choice options you will have.
- Can I claim benefits paid to me for my children, etc..
Yes you may use that money as proof of income as long as it is sent in your name.
- How much will my payments be?
This may vary per vehicle and the amount of your down payment.
- I am on a fixed income do I make enough money to finance a car?
We can get you approved if You make at least $800. a month.
- I've had repossessions in the past, is there any hope for me?
We usually do have the ability to finance you after a repossession.
- I had a bankruptcy is there anything You can do for me?
We have a selection of lenders that will allow us to provide you with options. most of the time it is required that the bankruptcy is discharged, but there are select cases where we may be able to get you financed even if it is still open.
- Where do I make payments?
You will make payments directly with the lender we find for you.
- Will this help my credit score?
Our typical customers see an increase in their credit scores and purchasing power by responsibly managing their auto loan and other finances. We have placed many customers in lower interest loans the second time they come back to see us.
- How much money do I need to put down?
While this varies based on different credit factors a good rule of thumb is to expect to put down 15-20% of the purchase price. The more money you put down, the more vehicle choice options you will have.
- Can I claim benefits paid to me for my children, etc..
Yes you may use that money as proof of income as long as it is sent in your name.
- How much will my payments be?
This may vary per vehicle and the amount of your down payment.
- I am on a fixed income do I make enough money to finance a car?
We can get you approved if You make at least $800. a month.
- I've had repossessions in the past, is there any hope for me?
We usually do have the ability to finance you after a repossession.
- I had a bankruptcy is there anything You can do for me?
We have a selection of lenders that will allow us to provide you with options. most of the time it is required that the bankruptcy is discharged, but there are select cases where we may be able to get you financed even if it is still open.
- Where do I make payments?
You will make payments directly with the lender we find for you.
- Will this help my credit score?
Our typical customers see an increase in their credit scores and purchasing power by responsibly managing their auto loan and other finances. We have placed many customers in lower interest loans the second time they come back to see us.
Serving the following towns: Sayre PA, Waverly PA, Binghamton PA, Elmira PA, Ithaca PA, Towanda PA, Wyalusing PA, Troy PA, Mansfield PA, Vestal PA, Owego PA and surrounding areas
Serving the following zip codes: 18840, 18810, 14901, 14850, 13760, 14892, 13850, 13732, 11848