Our finance sources are as different as our customers. We like to think we can help most people, regardless of their credit situation.

BANKS
We use a couple of mainstream North Carolina banks for our later model cars, for our customers with an A+ to B- credit rating. The banks set the rates depending on you, your downpayment, and the vehicle you’re buying. Most of these banks are beacon score driven. The higher your beacon score, the better the rates and terms. We don’t mark up the interest rate the bank gives you in order for us to get commission from the bank, so you don’t have to have a finance degree or a law degree to understand the contracts.

CREDIT UNIONS
Also, we have several local credit unions operating in our area that really compete with the banks for your business. Sometimes they are just a tad more particular than the banks but they compete very well. The credit unions are not always driven by your beacon score. They’re more interested in your stability and ability: Stability in life with your job and residence and the Ability to repay the loan. If you qualify for a credit union loan, the rates and terms are always very competitive and attractive.

FINANCE COMPANIES
We also have several finance companies in our area that really look for ways to help people with less than perfect credit. They realize that bad things occasionally happen to good people. People lose their jobs, have sickness or death in the family, get divorced AND CAN STILL BUY CARS AT CORNERSTONE MOTORS.

BUY HERE PAY HERE
We also do some on lot financing for some of our cars, those usually priced under $2495 and for folks that have a reasonable down payment, but bad credit. Because of our limited space, we don’t keep a lot of these cars but usually have several to choose from.