The Auto Loan Process - How it Works 1. Apply Now!
Apply online for your next car loan from the comfort of your home. The OpenRoad Lending loan application will take only a few minutes to complete. We will keep your information confidential and secure at all times in accordance with our Privacy Policy. During normal business hours, you will receive your loan decision in minutes via e-mail. There is no obligation, and your approval is good for 30 days, so you have plenty of time to find the right car or truck at the price you want. Once your loan is approved, you will be sent an email with information on how to download your OpenRoad eCheck® Package. Your package will contain all the documents you need to complete the transaction. There will be simple instructions for you and the dealer to follow along with a checklist. Complete the OpenRoad eCheck® like a personal check, which can be made payable up to the maximum amount of your approval, to any franchised dealership within your state. A franchise dealership is a car dealer authorized by a manufacturer to sell new and used vehicles like Ford, Chevrolet, Honda, etc 2. Select a Car First you should decide on a year, make and model. Then, find out what options and features are available. Make a list of your desired options in the order of importance; it always helps when trying to negotiate. OpenRoad allows a 2004 or newer model with less than 70,000 miles. The vehicle cannot be a commercial vehicle, customized or conversion van. The vehicle cannot have a salvaged title, be a one-ton vehicle or be a motorcycle. 3. Complete the OpenRoad eCheck® Once you have selected a vehicle and negotiated a final price with the dealer, you simply complete the OpenRoad eCheck® and we will work with you and the dealer to finalize the transaction. Click, Apply, and Drive Away. It’s that simple. 
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