A Secured Car Loan and How it Works

October 10th, 2018 by

Woman typing on calculator

Contact Us

Doing your research before making a big purchase like a new Volkswagen model like a Volkswagen Jetta or Volkswagen Tiguan is crucial. Here at Stohlman Volkswagen, we can help you walk through the confusing world of car loans by providing the right information you need to make an informed decision that works best for your Fairfax drive. Learn more about secured car loans and how they work at Stohlman Volkswagen, then stop by our finance center to see for yourself!

Secured Car Loan: How Does It Work?

What is a secured car loan? In short, a secured car loan is a car loan that uses collateral as security, and in most cases that collateral is the Volkswagen car itself. What does this mean for Alexandria drivers? It means that if you stop paying, the bank can take back your car. To get a secured car loan, you will need to contact our finance department.

From there, we can start the paperwork. All you need to do is provide a few basic facts about yourself like your name, social security number, and any relevant personal financial information. Next, we run a credit check to ensure that you meet the necessary qualifications. Once your debt-to-income ratio is determined, and if you meet the loan qualifications, you’ll be presented with the fixed rates of your loan.

After qualifying for a secure loan, you can choose the Volkswagen model that works best for you! You will be required to make regular payments until the loan is completely paid off.

Stop by Stohlman Volkswagen to Learn More

For more information on a secured car loan, or to start the process of getting a secured car loan for yourself, stop by Stohlman Volkswagen! Those who haven’t yet decided between buying vs. leasing might also be interested in exploring the benefits of the celebrated VW Sign & Drive program or learning a little bit more about used car leasing. If you’re ready to move forward with your purchase, but you’d like to know a little more about liability coverage, we can help with that too.

More from Stohlman Volkswagen

Blog feed:

  • 2019 Golf GTI

    2019 Volkswagen Golf GTI Performance Parts

    Learn More New Golf GTI Inventory With advanced interior technology and the features that set it apart from models like the 2019 Volkswagen Golf, the gti performance parts of the 2019 Volkswagen Golf GTI proves the strong choice you’ll want in your next Volkswagen model. Here are some of the performance features: Limited-slip differential (VAQ)…

  • 2019 arteon

    Step Inside the 2019 VW Arteon

    If you’ve been on the edge of your seat, waiting for the arrival of the 2019 Volkswagen Arteon, you’re certainly not alone! Drivers from Alexandria to Fairfax can’t wait to see what the new VW Arteon is bringing to the area, and we’re glad to provide their first look. Explore the 2019 VW Arteon specs…

  • atlas interior

    2019 Volkswagen Atlas Interior Features

    The 2019 Volkswagen Atlas interior is bringing more to the roads near Washington D.C. and Reston. Those who opt for this Volkswagen third-row SUV will enjoy spacious seating for up to seven, as well as Volkswagen Car-Net® App-Connect, a standard 6.5-inch touch-screen, and so much more! Take a closer look at the Atlas interior dimensions and…

  • VW Golf GTI Interior

    What’s Inside the 2019 Volkswagen Golf GTI Interior?

    The 2019 Volkswagen Golf GTI interior comforts and invigorates with the convenience and technology features you expect from the brand, coupled with racing-inspired style. Each of the Golf GTI hatch’s four trims is replete with exciting features, sure to please Vienna drivers of all stripes. Explore the many features inside the new Golf GTI and find…

  • 2019 jetta interior

    2019 Volkswagen Jetta Interior Features & Dimensions

    The 2019 Volkswagen Jetta interior, along with other key areas, has been redesigned for the new model year. Equipped with next-level technologies, ample space, and high-end comforts, the new Jetta interior is poised to transform your Vienna drive for the better. Read on to explore its wide range of features, and learn more about why…

  • 2019 tiguan interior

    What’s Inside the 2019 Volkswagen Tiguan Interior?

    The 2019 Volkswagen Tiguan interior is both stylish and functional. Inside, you’ll find the many technologies you need to stay connected throughout your Vienna commutes, as well as ample space. Learn more about the new Volkswagen Tiguan SUV’s cabin and its impressive offerings below! Learn More New Tiguan Inventory Luxury Features When you step inside…

  • 2018 Volkswagen Golf GTI Performance

    2019 Volkswagen Golf GTI Accessories

    If you’re like most Volkswagen Golf GTI drivers, you were initially enticed by this hot hatch’s speed, power, and interior space. Plus, the Golf GTI runs circles around competitors like the Audi A4. But do you know how many options you have for customizing your car and improving your driving experience? Stohlman Volkswagen put together a…

  • White 2019 Volkswagen Golf GTI

    How Fast is the Volkswagen Golf GTI?

    One of Car and Driver magazine’s top choices and a constant entry on their “10Best” list, the Volkswagen Golf GTI is powerful, efficient, and practical. This makes it a great choice for Tysons Corner shoppers who want it all without paying the big bucks to get it. But what’s the top Volkswagen Golf GTI mph? Learn…

  • What is the Difference Between Used and Certified Pre-Owned?

    If you’re shopping for a used car, you may be wondering, “What’s the difference between used and certified pre-owned?” Both types of vehicles are “used,” but there are some differences between the two. Before you purchase a used car for sale near Vienna, read on to learn more about CPO vs. used. Contact Us Buying…

  • Meadowlark Botanical Gardens

    Things to Do in Vienna, VA

    Taken from https://www.novaparks.com/parks/meadowlark-botanical-gardens/events/forest-therapy Planning to spend a day out in Vienna, VA? From shops and gardens to music and arts and crafts, Vienna is brimming with excitement. Stohlman Volkswagen has a few ideas for fun activities you and your family will love. Check out our list of things to do in Vienna, VA below! Contact Us…