4246 N Broad St Philadelphia, PA 19140 267-900-2526 267-766-3611

FAQ's at New Phase Motors

  1. 1. Do you take trade-ins? - A. Yes. We are happy to accept your trade-in towards the purchase of any vehicle in our inventory
  2. 2. Do you offer financing? - A. Absolutely! We have relationships with many of the nations auto lenders. Having so many options means that we have the ability to get you the best rates available.
  3. 3. I filled out an application online, how do I know if I am approved? - A. Someone on our sales team will be contacting your shortly after hitting submit. We are going to do our due diligence to get you in a comfortable, reliable vehicle. Our goal here at New Phase Motors is to provide you with a great experience and the correct information in purchasing a new vehicle.
  4. 4. Can you get me approved if I have bad credit? - A. Yes, we can get you driving regardless of the situation
  5. 5. Do you offer in-house financing? - A. Yes, we offer in-house financing as well.
  6. 6. What documents do I need to bring in? - A. We need proof of income (last two pay stubs, last 3 months bank statements, SSI/SSD award letter), proof of residency (any utility bill), and drivers’ license
  7. 7. What will my monthly payments be? - A. To figure out your monthly payments, there are different variables that come into play. The price of the vehicle, the down payment in which you put down, the term of the loan, and the interest rate you receive.
  8. 8. If I have any repossessions on my credit, can I still get an auto loan? - A. Yes, we will get you driving. We have helped customers in the past with similar situations. We understand bad things happen to good people, we are here to get you back on the right track
  9. 9. Do I need insurance if I finance a vehicle? - A. Yes you will need full coverage insurance
  10. 10. Can I get approved before coming in? - A. Yes, we often prefer you come in. That makes the process much smoother and quicker. Depending on the situation we can tell how we can help within 20-30 minutes.
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