Financing your Purchase
At Lamb Auto we recommend working with our friends at Meridian Credit Union. We find their lending rates are quite low, usually similar to the offerings of the big banks and yet they are easier to deal with and can help people with less than perfect credit scores. All our monthly financing figures are based on Meridian's current lending rate of 8% (June, 2023). They are for a four year term and include the full purchase price and all taxes and fees. They require good credit ratings on the part of you, the buyer. Lending rate may increase for buyers with less than good credit.
We do have access to financial firms that specialize in auto lending. They can be very quick and often finan
ce teh most severe credit histories, however it comes with higher fees and interest rates. I just do not feel comfortable sending my customers to these firms. It costs you, the buyer extra money. Again this is why I recommend staying with a bank or credit union.
Greg Lamb, Lamb Auto
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