FIRST TIME BUYERS PROGRAM
Everybody starts somewhere. No credit history, never had a car loan, not sure where to even begin? That is OK. We help you get your first car the right way and build your credit with a plan that fits your budget.
Our expert team treats you like family, walking you through every step of the process to ensure you drive off with confidence.
HOW IT WORKS
01
Get Pre Qualified
Fill out our quick pre qualification. It is not a hard credit inquiry, so your score stays safe.
02
We Build Your Plan
We look at your income, your budget and that month's first time buyer programs, and map out the right car and payment for you.
03
We Find Your Car
Our team shops hundreds of dealerships to find the right car at the right price and handles the paperwork with the bank.
04
Drive It Home
We deliver your new car right to your door, and every on time payment helps build your credit.
WHO IT'S FOR
- First time buyers.
- Young drivers who have never financed a car.
- Anyone with little or no credit, or a few bumps, who has never had a car loan and wants a fresh start.
WHY IT BEATS REGULAR FINANCING
Our first time buyers programs are built to start your relationship with the bank the right way. Instead of getting stuck with a high interest loan, you get set up to build your credit and qualify for something better next time.
WHAT YOU'LL USUALLY NEED
- Proof of income: your most recent pay stub.
- No pay stub? The last 3 months of bank statements in your name.
- Taxes and fees up front: usually around $2,000 to $3,000.
- A quick conversation with us: every situation is different, so we look at yours and map out the right plan.
WHAT YOU CAN START WITH
If you have zero credit, banks usually start you with a reliable, well priced car. Depending on that month's programs and rebates, that could be a Honda Accord LX or SE, or a Honda HRV if you need an SUV. Want something bigger, in the $50,000 to $60,000 range? It's possible, but it usually takes a lot more money down.
WHY THE RIGHT START MATTERS
A lot of buyers jump into high interest loans. Banks collect most of the interest in the first 3 years, so most of your payment goes to interest and very little goes to what you owe. 2 or 3 years later you've paid thousands, your balance has barely moved, and you're stuck with negative equity. A little negative equity is normal. The goal is to keep it small, so when it's time for your next car you're in a strong spot.
FROM A CIVIC TO A BMW
Familia has been helping first time buyers since 2017. We've had clients start in a Honda Civic who are driving BMWs today. It's not about where you start. Sometimes you crawl before you walk, but every client gets a plan.
