1) I just filed for bankruptcy, do I need to have it discharged before I buy?
NO, the only thing we require is that you must have completed your 301 Creditors meeting.
2) Do you take trade-ins?
Yes of course. However you should not owe more than the value of the car.
3) Do your cars come with a warranty?
Absolutely, all of our vehicles carry a 12 month/12,000 mile warranty which cover most of the vehicle's major components. We have the best warranty in the business.
4) How much do you charge for your warranty?
Our warranty comes with every car, truck or van we retail. There is no additional charge.
5) What kind of mileage do your cars have?
Most of our vehicles have an average mileage well under 100,000 miles. Regardless of the mileage, all of our vehicles come with our outstanding warranty.
6) Do you sell trucks and vans?
Absolutely, we sell cars, trucks, vans and SUVs. We do not however sell commercial vehicles or vehicles for commercial use.
7) Do I need full coverage insurance?
YES, CNAC like all lenders, requires full coverage insurance. Although we do not sell insurance, we do keep a list of insurance agents who previous customers have used and would be happy to offer you their services.
8) What is my monthly payment going to be?
Since CNAC’s goal is to reestablish your credit quickly you will receive a short term loan,
typically 36 months or less, with a payment usually between $200 - $300 a month.
This will vary depending on your down payment.
9) How much do your cars cost?
Typically, we sell four to nine year old cars with an average retail price between $6999
and $9999.
10) Do you fix your cars before you sell them?
More than that, we recondition every vehicle and put it through a comprehensive inspection in order to identify defective or worn components that need replacement. Every car we sell must pass this inspection.
11) Where can I go for my warranty work?
You come to our Canton or Wooster location that can service any vehicle we sell. You can even make an appointment for same day service.
12) How fast can you rebuild my credit? Does it really work?
YES, our program really works. We would be more than happy to provide you references from satisfied customers that have given us permission to do so. Typically, we have found you will achieve a 50-100 point rise in your credit score over an 18 to 24 month period.
