Flexible Auto Financing in Sioux Falls, SD

Q: What documents do I need to bring for car financing?

Please bring a valid driver's license, proof of income (two recent pay stubs), proof of residence (utility bill or bank statement), and proof of insurance. If you have a trade-in, bring the title and registration as well.

At Frankman Motor Company, we make it easy to get behind the wheel, whether you have excellent credit, no credit, or anything in between. Serving the Sioux Falls, Brookings, Mitchell, and surrounding South Dakota communities.

Apply for Financing Value Your Trade (605) 250-5016

Why Finance with Frankman Motor Company?

We're not just a used car dealership. We're your partner through the entire car buying process. Our finance team works directly with a network of trusted lenders to find the best loan terms for your unique situation.

All Credit Welcome

Good credit, bad credit, no credit, or rebuilding after bankruptcy. We work with every situation. Our lender network specializes in finding solutions others can't.

Competitive Rates

Because we work with multiple lenders, not just one bank, we can shop your loan to find the most competitive interest rate and lowest monthly payment available to you.

Quick Pre-Approval

Apply online in minutes and get pre-approved before you even set foot on the lot. Know your budget upfront so you can shop with confidence.

Huge Selection

With over 200 pre-owned vehicles in stock, from daily drivers to classic trucks, you'll find the right vehicle at the right price with the right payment.

Bank Financing vs. Dealership Financing

Wondering whether to get pre-approved at your bank or finance through us? Here's how they compare, and why most of our customers choose to finance right here at Frankman Motor Company.

Bank Financing

Requires a separate trip and pre-approval process
Usually limited to one lender's rates
May not account for trade-in or dealer incentives
Approval can take 1–3 business days
Less flexibility for lower credit scores

Frankman Financing

One-stop shop: finance and drive the same day
We shop your loan across multiple lenders for the best rate
Trade-in value applied directly to reduce your balance
Get approved in minutes, not days
Specialists in all credit situations including bankruptcy and repos

Get Financed in 3 Easy Steps

Apply Online

Fill out our secure online application. It takes just a few minutes and won't affect your credit score.

Get Matched

Our finance team shops your application to multiple lenders and finds the best rate and terms for you.

Drive Home

Pick your vehicle, sign the paperwork, and hit the road. It's that simple.

Financing for Classic & Collector Vehicles

Looking to finance a classic truck or collector car? We offer specialized financing options for vintage and classic vehicles, something most dealerships can't do. Browse our Classics Collection and let us help make your dream ride a reality.

Convenient Online Financing Tools

We believe the car buying process should be easy, transparent, and stress-free. That's why we've built online tools that let you start your financing journey from the comfort of your couch.

Use our Payment Calculator on any vehicle detail page to estimate your monthly payments. Just plug in your down payment, trade-in value, and credit score. When you're ready, submit your secure finance application online and our team will get to work matching you with the right lender.

Already have a vehicle to trade? Use our trade-in valuation tool to get an estimate before you visit. The more you can do online, the faster you'll be driving your new ride.

Frequently Asked Questions

What credit score do I need to get approved?

We work with all credit types: good, bad, no credit, and everything in between. Our lender network includes options for customers who have gone through bankruptcy, repossession, or are just starting to build their credit. We encourage everyone to apply.

Does applying for financing affect my credit score?

Our initial pre-qualification is a soft inquiry, which does not impact your credit score. A hard inquiry only occurs once you select a specific loan offer and move forward with a lender, and even then, multiple auto loan inquiries within a 14-day window are typically counted as a single inquiry by credit bureaus.

How long does the approval process take?

Most customers receive a response within minutes of submitting their application. In some cases, it may take a few hours if additional documentation is needed. We work fast because we know your time is valuable.

Can I use my trade-in as a down payment?

Absolutely. Your trade-in value is applied directly to the purchase price, which lowers your amount financed and your monthly payment. You can combine a trade-in with a cash down payment for even better terms.

What documents do I need to bring?

To speed up the process, please bring a valid driver's license, proof of income (two recent pay stubs), proof of residence (utility bill or bank statement), and proof of insurance. If you have a trade-in, bring the title and registration as well.

Do you offer financing on classic and older vehicles?

Yes! Unlike most dealerships, we have lending partners who specialize in financing classic and collector vehicles. Whether it's a vintage truck or a restored muscle car, we can help you find a loan that works.

Can I get pre-approved before visiting the dealership?

Yes, and we recommend it. Getting pre-approved online gives you a clear budget to work with and speeds up the entire process when you visit. You can complete the entire application from your phone or computer.

Sales Phone

(605) 250-5016

Sales Hours

Mon–Fri: 9am–6pm
Sat: 9am–5pm

Location

26874 SD-11
Sioux Falls, SD 57108

Ready to Get Started?

Apply online today and take the first step toward driving home your next vehicle. Our finance team is standing by to help.

Apply for Financing Browse Inventory

Mon to Sat	8:30 AM to 6:00 PM
Sunday	Closed

Mon to Fri	8:00 AM to 6:00 PM
Sat to Sun	Closed

Mon to Fri	8:00 AM to 4:30 PM
Sat to Sun	Closed