First Time Car Buyer Program
Auto Financing For The
First Time Car Buyer
Buying a car is an important decision and being a first-time car buyer can be worrisome. Joseph Toyota is here to make your car-buying process as EASY as possible. Learning about the auto financing process and researching vehicles in advance can reduce your stress and make your first time car-buying experience much easier.
How It Works
Contact our Finance Director to review all the available finance options. (513) 385-1800
WE MAKE IT WORK
We’ve helped thousands of first time car buyers, who never thought they could get an auto loan, finance the car they want.
YOU PICK YOUR CAR
With financing in hand, our sales pros will help you choose the perfect new or pre-owned vehicle you have always wanted!
WATCH YOUR CREDIT IMPROVE
Positive credit activity, like making regular payments on your vehicle, can help your credit score.
BUILDING UP YOUR CREDIT
Both lease and finance contracts are available. With a TFS finance or lease contract, you can start building your credit history. Just meet the following criteria:*
A FICO score of 610 or above. No 90 day past due or more accounts, charge-offs, collections, reposessions or foreclosures in your credit history.
Three personal and verifiable references.
Verifiable proof of a full-time job, which you’ve held for at least six months.
Your income must be enough to cover ordinary living expenses and vehicle payments, and be consistent and verifiable. Your monthly payment may not exceed a certain percentage of your gross monthly income.
Minimum Down Payment
Minimum down payment is 10% of MSRP or the agreed upon value of the vehicle, whichever is less (excludes any rebates or dealer incentives).
Other Restrictions May Apply
See dealer for details.
*Maximum amount financed up to $25,000. Available on approved credit through Toyota Financial Services to qualified customers. Not all applicants will qualify.