What if I Have a Repossession?

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What if I Have a Repossession?

For those who have experienced vehicle repossession, you may be worried if it can affect your credit and your ability to get an auto loan down the road. At Doxon Toyota, we want to assure you that despite repossession, you still have several great options available to you. Our friendly and knowledgeable staff would love to sit down with you and discuss these helpful solutions with you. So, if you are asking yourself, "What if I Have a Repossession?" Not to worry! Rest assured that Doxon Toyota of Auburn can help you get qualified.

Impact of a Car Repossession

A repossession will not stop you from obtaining an auto loan, but it can delay your chances of getting one that you might want. With a repossession, your credit is affected, therefore auto loans with lower APR and down payment options might not be available to right away after repossession. This is why you would plan ahead and give yourself some time to recoup and rebuild. Take this time to pay off any other debt you might have and work toward improving your credit. Anywhere from six-24 months’ time is recommended, depending on your particular situation. If you are concerned about a repossession, Doxon Toyota can help. Don’t wonder about "What if I Have a Repossession?" Come on by and let us discuss your options.

Auto Loans with a Previous Repossession

At Doxon Toyota, we want you to know that we are on your side. After repossession, those considering a car loan should certainly explore all options before making any moves. A professional is able to go over your current stand and make valuable suggestions to keep you on the best track. They can look at your budget and consider what is the smartest choice for your situation. They can also look into various loan options and programs that might be specifically designed for people after repossession. Take advantage of the value resource of a finance professional at your dealership!

What if my credit is less than ideal? What if I Have a Repossession? What if I can’t get the vehicle I want because of it? These are valid questions. Doxon Toyota has the solutions. Located in Auburn, Washington, Doxon Toyota is your premier dealer serving Seattle and the surrounding area. We offer quality new and pre-owned cars, trucks, and SUVs. Either browse our large online inventory of top quality Toyotas or stop on by. Our experienced sales associates would be happy to arrange for a test drive. Whether you live in Federal Way, Kent, Bonney Lake, Maple Valley, or Lakewood we are the dealership for you!

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