1. Check Your Credit:
* Review your credit score and history to understand your creditworthiness. A higher credit score can lead to better loan terms.
2. Pre-Approval:
* Visit a SunTrust branch or apply online for pre-approval for a car loan. This will give you an estimate of the loan amount, interest rate, and monthly payment you may be eligible for.
3. Find a Dealership:
* Use SunTrust's dealer network or search for a dealership that partners with SunTrust.
4. Select Your Vehicle:
* Choose the vehicle you're interested in purchasing.
5. Negotiate Price:
* Negotiate the purchase price of the vehicle with the dealership.
6. Finalize Loan Application:
* Provide any required documentation and finalize your loan application at the dealership.
7. Financing Agreement:
* Sign the loan agreement and finalize the purchase of the vehicle.
8. Make Payments:
* Set up automatic payments or pay your monthly installments on time as per the agreed-upon terms.
9. Manage Your Account:
* Use SunTrust's online banking or mobile app to view and manage your car loan account, including making payments and monitoring your loan status.
Remember that rates and terms may vary based on your credit history, loan amount, and other factors, so it's essential to compare offers and carefully review the terms before finalizing your loan agreement.
