Finance Frequently Asked Questions
Are you trying to get a car loan in Lubbock, but know you have no history to your credit? It’s a common issue faced by many who need a car but are concerned that their credit history, or lack of one, will make it difficult. Fiesta Motors can provide the answer with our in-house auto financing options. If you have a question that is not listed below, please call us at (806) 776-8400. We look forward to helping you get on the road reliably.
Click on each question to see the answer.
Do you have financing terms for people with less than perfect credit?
Absolutely! It’s a common issue faced by many who need a car but are concerned that their credit history, or lack of one, will make it difficult. Fiesta Motors can provide the answer with our in-house auto financing options.
What do our Lubbock neighbors need to get started with the Fiesta Motors auto loan process?
We say “your job is your credit” here, and proof of income is the key. This may be as simple as a pay stub from your current employer, but we accept other forms of income to get approved. It could be from a pension, social security, or any other legitimate, verifiable source, including self-employment.
Fiesta Motors wants to serve the Lubbock community with our car loans, so proof of residence and identification is needed. Residence can be verified by a lease or mortgage, or from a utility or phone bill. We do not require a driver’s license, only some form of government-issued ID.
These documents, plus five local references, will allow our Fiesta Motors finance experts to process your car loan application and make a decision. Having all of these with you when you visit one of our Lubbock locations will ensure the process is fast and easy.
Does Fiesta Motors have a warranty on the vehicles that they sell?
Yes. At Fiesta Motors, we want you to Drive Happy, and we know the best way to Drive Happy is to drive confidently. That’s why we include a 6-month/6,000-mile limited warranty with every one of our high-quality pre-owned vehicles. We wouldn’t sell your family a vehicle we didn’t trust with our own families.
How do I know how much down payment I need to qualify for an auto loan?
You will need to make a down payment but Fiesta Motors' flexible terms allow us to work with you to figure out the best fit for your budget. We have a huge selection of quality used cars and trucks at our three Lubbock dealerships: Downtown, on Frankford Ave, or on 50th St. You’ll find a great fit for your needs fast!