Used Car Financing

Has your inability to come up with a down-payment been hindering your ability to finance cars for sale in Killeen, TX? There are numerous things to keep in mind when thinking about used car financing without putting much money down. For example, many dealers will look at a less than perfect credit score and turn you away. McLeod seeks to change the way that people find the low down-payment finance options they need. We’re proud to accept loans from outside institutions or do our absolute best to help you figure out what will best suit your situation.

If you intend to find a loan, it’s smart to ensure you’re getting a competitive price on it. Paying too much after taking out a loan could end up costing you much more than you thought in the long run. Fortunately, we keep our rates as fair as we can here at our Killeen used car dealerships so you can avoid this potential risk.

Financing Options

Did you know that you can sign up for an extended warranty and have it added to your monthly costs? When it comes to used car financing, it can pay off to ensure you’re protected. Fortunately, our no money down car dealers can help you have valuable peace of mind without paying more upfront. Be sure to inquire with any member of our sales team about our extended warranties to mitigate a situation before it even happens!

Although you might not be able to put money down when financing at our Killeen used car dealerships, your trade-in may significantly help with your costs. Trading in a vehicle can potentially allow you to save a good deal of money both initially and in the long run. Allowing your trade-in to act as a sort of down-payment is a wise move that many shoppers take instead of coming with cash in hand.

Find a Cosigner

Sometimes, another great move to make when looking into used car financing is to find a cosigner. If you have a cosigner with you that has a steady income and good credit score, it can improve your chances of tracking down an ideal no-down-payment loan. These are also things you’ll want to keep in mind for yourself since variables such as income, steady employment, and low debt can impact your eligibility.

Here at our Killeen used car dealerships, we want to find options that are suitable for your financial situation.

Have negative marks on your credit history in the past made it seem next to impossible to find low or no-down-payment options? If your answer is yes, we’re here to let you know that there are flexible lenders that will look past your bad credit. Many lenders these days tend to focus on a loan-to-value ratio when determining your APR. This ratio demonstrates how much you borrow for a car compared to what the car is worth, giving many the option to finance that normally wouldn’t. Other factors, such as your employment status, residency, and more, also will determine whether you’ll be eligible for used car financing with no money down.

Did you know that even putting a small amount of money down can make an enormous difference? Sometimes, even just a few more hundred dollars down could mean knocking your APR down a significant amount. At the same time, not everyone can wait to get their next vehicle, which can often be a lifeline. Whether you’re able to put money down or not, our Killeen used car dealerships work 6 days a week to make your life easier. If you happen to have any questions pertaining to no-down-payment used car financing, don’t hesitate to reach out to our experts today!

Our Location

1601 E Rancier Avenue
Killeen, TX 76541
Phone (254)200-9803


Sales Hours 

Monday: 9:00 AM - 7:00 PM
Tuesday: 9:00 AM - 7:00 PM
Wednesday: 9:00 AM - 7:00 PM
Thursday: 9:00 AM - 7:00 PM
Friday: 9:00 AM - 7:00 PM
Saturday: 9:00 AM - 5:00 PM
Sunday: CLOSED