Credit scores impact more than just interest rates and approval odds. They are used by lenders, insurers, landlords, and many others to determine the likelihood of you paying back certain loans and big purchases.
How the Car Buying Service works
- Find Your Car
Search available new and used vehicles by make, model, features, location and other preferences. - Compare Vehicles and Pricing
Research different models, compare features and review upfront pricing from participating dealers. - Apply for Financing
Apply for preapproved financing from Michigan First before visiting the dealership. Knowing your potential loan amount and terms can help you shop with a clearer budget. - Visit the Dealer
Connect with the participating dealer to see the vehicle, ask questions and complete your purchase.
Trade in or sell your current vehicle
The Car Buying Service also allows you to provide information about your current vehicle and request a cash offer.
Depending on the offer and participating dealer requirements, you may be able to sell your vehicle or apply its value toward your next purchase.
Your final offer may depend on an in-person inspection and confirmation of the vehicle’s identity, mileage, features and condition.
Get preapproved before you shop
Applying for preapproved financing can help you understand your potential budget before visiting a dealership.
A Michigan First auto loan preapproval may help you:
- Establish a practical vehicle price range
- Estimate your monthly payment
- Compare financing options
- Shop with financing already arranged
- Focus on vehicles that fit your budget
Michigan First offers financing for eligible new and used cars, trucks, SUVs and vans, with available repayment terms of up to 84 months.
Approval and final loan terms are subject to credit qualifications, vehicle eligibility and other applicable requirements.
Start your search with a clearer road ahead
Whether you are looking for a new vehicle or a used car that fits your budget, the Michigan First Car Buying Service can help you research your options, compare pricing and connect with participating dealers.
When you are ready, apply for Michigan First financing and head to the dealership with a better idea of what you want—and what you can afford.