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First Time Auto Buyer Program

 Are you ready to buy your first car? If so, we can help with our First Time Auto Buyer Program. Designed for those who have little to no credit and are ready to embark on the purchase or lease of their first automobile, this loan comes with manageable terms and is an excellent way to establish a credit history.

Program requirements*:
  • Must be employed for a minimum of one year or have a qualified co-signer 
  • No more than 12 months of auto loan payment history reflected on credit report and no derogatory credit may be present 
  • Minimum gross monthly income of $1,000.00 
  • Monthly payment of less than 20% of gross income, including insurance premium 
  • Proof of auto insurance 
  • Maximum loan amount of $15,000.00**
  • Maximum 72 month term
*Qualification under this program is subject to verification prior to approval.
**Maximum Loan to Value 95% with a minimum 5% cash down. Minimum cash down requirement is not required when a qualified co-signer is provided

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McKenna Volkswagen Cerritos

18303 Studebaker Road,
Directions Cerritos, CA 90703

  • Sales: 855-996-3498
  • Service: 562-219-4354
  • Parts: 855-995-7768

Hours

  • Monday 9:00 AM - 9:00 PM
  • Tuesday 9:00 AM - 9:00 PM
  • Wednesday 9:00 AM - 9:00 PM
  • Thursday 9:00 AM - 9:00 PM
  • Friday 9:00 AM - 9:00 PM
  • Saturday 9:00 AM - 9:00 PM
  • Sunday 10:00 AM - 8:00 PM
Schedule Service