Preferred Automotive Group was started in 1989 by Jay Leonard, as a small lot on Speedway Drive in Fort Wayne, Indiana. From a small beginning with just 3 employees and 6 vehicles, Preferred Automotive Group now has 3 different locations in Fort Wayne. As their success continued, and the area began to recognize the high-quality vehicles, Preferred Automotive Group’s reputation took hold in the greater Fort Wayne community. While they have won multiple awards over the years, they are most proud of one: The "Business of Integrity" given by the Better Business Bureau, of NE Indiana. This is not only a huge professional achievement, but a personal one as well. Jay Leonard has always prided himself and his business in providing the community with the best possible vehicle, at the best price. One of his personal mottos is, “Anyone can sell you one car. It’s our goal to sell you cars for a lifetime.”, and is why they aim to make sure that each and every customer is treated as family during and after the sale.
Today, Preferred Automotive Group has 3 sales locations in the Fort Wayne area, and 2 state-of-the-art service centers. All of their vehicles are handpicked, and are mostly one owner with zero accidents. Prior to being offered for sale, their Service Departments inspect every vehicle and make the necessary repairs, to ensure the most value for their customers.
Five years ago, Jay Leonard had his son join him in the family business. His son, Jake, has grown up around the business and knew at an early age he wanted to carry on the legacy that his father had built. Jake takes great pride in the family business, and works hard to maintain the A+ Accredited rating that the dealership has with the Better Business Bureau. Jay and his wife, Ann, are excited that Jake and his wife, Ashley, along with their daughter, Penelope, are following in the family footsteps, and continuing to make sure that Preferred Automotive Group keeps the reputation that has been established the past 30+ years.
Jay and Jake run the business and have found a couple keys to their success; they keep their priorities in order, and have a simple philosophy, “God, Family, and Work, in that order.” “Our goal is to treat each employee and customer as family.” We hope to soon welcome you to the Preferred Automotive Group Family, and thank you for visiting us today.
Serving our friends in Fort Wayne starts with access to an impressive array of used vehicles. Whether you are hunting for the perfect pre-owned pickup or a quality used sport utility vehicle (SUV), odds are we have exactly what you are looking for on our lot. If an eco-friendly sedan that takes it easy at the pump or a minivan fit for the whole family is more you speed, then you are in luck on this front as well.
The only thing better than our copious selection of reliable, clean used cars? How about the fact that Preferred Automotive Group always goes above and beyond to keep our prices as low as possible. We understand completely that staying on budget is a big deal, so our goal is to always bring you the best prices possible on each used car, truck, or SUV found in our inventory. This way, you can shop with confidence knowing that the deal that works for you is always waiting at our nearby Fort Wayne location.
Another way that our team rises above the competition is by making the process of getting the loan you need to drive home in your dream car as easy as possible. Regardless of your current credit situation, Preferred Automotive Group is here to work hard on your behalf and deliver a great loan with a low interest rate that pairs up perfectly with our already low vehicle prices. This way, you can shop with confidence knowing you'll be happy with your decision to honor us with your business both now and long into the future thanks to an outstanding loan that continues to save you money for years and years to come.
The final piece of the puzzle that puts Preferred Automotive Group over the top when comparing us with other used car dealers in Fort Wayne comes in the form of our unending commitment to stellar customer service. From the moment you step foot onto our used car lot, you can expect to be greeted by friendly, trusted professionals who are always willing to offer up guidance and support during this exciting life event.
If you need some extra time and space to consider your options, that is okay too. Only when you are ready to take the next step in this process will our team be there to ensure you get the best deal possible and come to a decision that suits you. In other words, peace of mind is never in short supply when you take advantage of Preferred Automotive Group's stress-free shopping experience.
Now that you understand this, isn't it time to stop by for a visit with one of our friendly used car experts to discuss the best ways to upgrade your automotive future with a great pre-owned vehicle? If this sounds like a great idea to you, contact us today to schedule a time that works best for you and we will do the rest.
Yes. Buying a clean, affordable used car on our lot at a great price is easy. Simply browse our expansive online inventory and you'll see precisely why Preferred Automotive Group is the first name so many turn to in Fort Wayne when the time comes.
Because so many other discerning car shoppers in Fort Wayne turn to us first. For some, the allure of shopping with us comes from our outstanding selection of quality used cars and our affordable pricing that always puts your budget first. For others, our respectful team and a shopping environment that places a priority on your comfort and satisfaction serves as the cherry on top.
When paired with our plethora of positive customer reviews, the above benefits of buying a used car from Preferred Automotive Group make one thing readily apparent: You will always find the most enjoyable and budget-friendly used car shopping experience in Fort Wayne at our friendly and clean used car lot.
Yes. Check out the latest deals on our used car specials page and see for yourself just how much we can save you on the stellar used car, truck, or SUV you've always wanted.
Absolutely. Whether you are celebrating a recent graduation, a new job, or you have a new baby on board, one thing always remains the same: We have the most fantastic prices in Fort Wayne on quality cars, trucks, and SUVs. Our team takes an extreme amount of pride in delivering this massive amount of value directly to you during whichever major life event brings you to our showroom floor, so you can shop with confidence knowing that you really are getting the best price possible on the vehicle that piques your interest.
It's easy with Preferred Automotive Group on your side. We have helped thousands of used car buyers with this process over the years, and the best place to start is by considering the particulars of your unique situation. Are you interested in the utility of a pickup, the ample legroom of an SUV, or the eco-friendly gas mileage of a compact car or sedan to help lower the cost of fuel that comes with your daily commute?
Once you have spent some time pondering these questions, browse our expansive online inventory. From here, we will be more than happy to assist you in exploring all of your options and help ensure that you drive away from our used car lot with a smile on your face and in a used car that suits you perfectly.
Yes. If you see a vehicle listed on our website, that means it has already passed our rigorous quality inspection process and is ready and waiting to impress you when you come in to take it for a test drive.
No. Your comfort and satisfaction are our primary focus, so you can shop with confidence knowing that you are in complete control of this process from start to finish. Our sales team has a sterling reputation based on our commitment to always doing right by local car shoppers, which is why so many individuals in Fort Wayne proudly consider themselves customers for life.
We are dedicated to sourcing quality used vehicles for all of our customers, so let us know what you are in the market for and we'll get to work immediately on finding your preferred used car through our expansive dealer resource network. Use our handy used car locator service today and you'll soon find yourself driving home in your dream car, truck, or SUV.
Yes, and it only takes a couple of clicks to leverage the power of our useful comparison tool. For each vehicle you would like to compare side-by-side, click the button labeled "Compare" on the vehicle details page, or the comparison arrows icon for the associated vehicle on the list page you are currently viewing.
Once you are done selecting all of the vehicles you want to review, click the "My Compared Vehicles" button located in the toolbar at the top of every page on our site and then the option labeled "View Compared Vehicles". After doing this, you'll find yourself on a custom, private page generated exclusively for you that compares the important specs and details related to you hand selected assortment of vehicles that appeal to you.
All incoming used cars undergo a rigorous inspection process that ensures our vehicles meet — and exceed — your expectations. Holding our inventory to the highest standards possible guarantees that you enjoy peace of mind and comfortable travel.
Yes, and it only takes a moment to schedule an appointment. Contact us and we will get you on the books for a complimentary test drive of whichever vehicle piques your interest and offer guidance to you along every step of the way until you find the ideal car that fits your unique needs.
We highly recommend taking advantage of this complimentary service. Feeling good about buying a quality used car, truck, or SUV that will last you long into the future requires being completely comfortable with the vehicle that intrigues you. Our experts transportation consultants are happy to schedule a quick test drive so that you can proceed with confidence when the time comes to finalize this major decision.
Anytime during our normal operating hours. We always have a friendly and helpful car consultant available to help you find the right car or truck that fits your routine. Feel free to stop by at any convenient time for you to schedule an appointment so we can be ready to drive the car you're looking at when you get here. Either way, you'll find that shopping at Preferred Automotive Group is always a pleasant and convenient experience.
Our team is always looking for new and exciting ways to provide even more value to our customers, so we would love to work with you and see if we can accommodate this request. We are always ready and waiting to go over important details regarding this process (including your proximity to our Fort Wayne location, preferred delivery date, and vehicle weight). We will work hard on your behalf to find the best possible way to fulfill your desired vehicle delivery.
Yes. Transparency is a cornerstone of our car buying experience, so our friendly sales team is pleased to provide you with an accurate and up-to-date vehicle history report covering every vehicle that piques your interest in our inventory. Each used car sold on our lot adheres to a strict commitment to quality and reliability, so shop with confidence knowing that a complimentary, comprehensive vehicle history report that confirms this sterling standard is always available for you at Preferred Automotive Group.
We are committed to your satisfaction throughout each phase of the car buying process — even after you sign on the dotted line. Our team is only a quick phone call away, and we will do everything in our power to allay any concerns you might have regarding your recently purchased used car, truck, or SUV. This way, you can keep riding around Fort Wayne in style and enjoy all of the benefits that come with upgrading your daily driver.
Because you want to feel respects and choose from one of the best selections of reliable vehicles that in or around Fort Wayne. Or because you want to take advantage of customer-first, affordable pricing. Maybe because leaning on the assistance of friendly professionals who can cater to your unique situation and help guide you through the search for the right vehicle is an invaluable asset to have on your side during this major moment in your life.
Simply put, because you — like other discerning shoppers — deserve to enjoy all of the benefits that come with shopping at the most trustworthy dealership in or around Fort Wayne.
Buying a car from us is all about maximizing your return on this major investment. Our friendly sales professionals always put your needs first, and will help you navigate our expansive selection of reliable, affordable, and alluring cars and trucks. At Preferred Automotive Group, we've crafted a shopping experience that makes finding your perfect car straightforward and downright fun!
Preferred Automotive Group's current hours of operation can be found on our contact page. Our business hours are subject to change throughout the year based on seasonal considerations. We stay open long hours so that serving your travel needs is as convenient as possible.
No All Preferred Automotive Group locations are closed on Sunday.
Preferred Automotive Group is committed to offering you the most competitive financing rates possible in Fort Wayne. How do we do this? By working with lots of lending institutions and being flexible regarding your credit history, loan terms, and past financial hardships or considerations, we are able to provide access to impressively low rates that put you behind the wheel of your dream car and still keep your bank account happy along the way.
Yes. Nearly all car loans bundle the taxes, registration fees, and other expenses into the loan. This is a great way for savvy shoppers to reduce the upfront expenditure associated with buying a car and registering it.
Yes. We know that being flexible with financing additional services over time goes a long way toward making the car-buying process more convenient and relaxed for everyone.
If you would like to take advantage of optional upgrades when financing your next car, truck, or SUV, let us know when you come in and we will be happy to help you spread out the cost of over the term of your loan.
Yes. Preferred Automotive Group offers zero down payment financing to qualified buyers. Let us know that you want to consider this option when the time comes to apply for a loan and we will help you get it done.
Yes, we do it everyday. We work with lots of different lenders to help people from all walks of life get into suitable cars and trucks. We shop your loan on your behalf which pits the banks against each other and gets you the best possible rate, regardless of your credit history.
Yes. Connecting first-time buyers with the loan they need to purchase a used car is one of our many specialties. We will be happy to lay out how our approach makes financing easy and simple for newer and first-time car buyers.
Good question. We've helped many customers in this situation secure the financing they need to get into a reliable and affordable used car. Thanks to our easy loan application process, all it takes is a few minutes to get the process started. We can often leverage our large network of banks to find a trusted partner that will make an exception if your life situation has improved markedly since the hiccup.
Yes. Getting approved for the right loan as a person receiving disability and Social Security disbursements is a piece of cake with our helpful finance experts on your side. Many lending institutions consider these payments as sources of income when determining the type of loan you qualify for and the loan's total value — a crucial fact that greatly improves your terms when you are approved for financing.
Getting approved for a loan as a self-employed tax payer is a simple matter. Income verification will be the key to your success. Once we review a the documents that verify your income such as your tax returns, bank statements, or canceled checks, you'll find that getting approved is simple, straightforward, and convenient.
Yes. Starting a new job can be an exciting time. Let us help you make this big moment even sweeter by connecting you with the right loan on your next vehicle. Your employment status is just one of the myriad factors that go into the loan approval process, so if you recently upgraded into a better position at a new company you can apply with confidence knowing that our financing team are prepared to secure a great loan at the lowest interest rate possible.
Helping guide first-time car buyers through this important — and exciting — event is one of our specialties. Let our trustworthy and friendly team take the lead on this for you and you will soon see why so many first-time buyers in Fort Wayne lean on us when the time comes to finance an affordable and reliable new or used car with budget-friendly payment.
Commonly called under water, or upside down, in an inequity position, or buried, our finance team has seen it before. We leverage many years of professional experience assisting shoppers through this situation. It starts with a fair offer to buy your trade-in.
We can typically roll any inequities into the new loan which means that we pay off the difference and you start a new loan on the new car. This way you can drive home in style in the car or truck that you really want.
Being employed is one of a host of factors that will go into any car loan approval process. Our team of experts can do what they do best and work hard to secure you the perfect loan for your unique situation, but you're still going to have to pay it back. Banks like to see a steady history of income and you'll need to be clear about your other sources of income and how you intend to pay back the loan without a job.
Yes. Check out our friendly trade appraisal tool to request a quote on your trade-in vehicle and the insight of our expert team of vehicle appraisers.
With the utmost care and consideration. We make it a point to provide the most customer-friendly trade-in experience imaginable. We are happy to make a fair offer on any vehicle you want to trade toward your next car. This commitment to going above and beyond is why local car buyers shop with confidence at Preferred Automotive Group.
Yes. We are always ready and willing to buy your car for a fair amount and our check is good today.
Finding out if you qualify for loan is fast and has no impact on your credit score. Use our quick pre-approval tool.
If you prefer to work with your personal bank on the financing, we are eager to help you pick out the perfect car, truck, or SUV for you. Before you make your final decision, we would suggest that you connect with our financing team to see if we can find a better rate or more favorable terms.
The short answer? It's easy, convenient, and it's the best option. We employ a swift process that keeps your interest rate and fees low. We work hard to find the best loan terms and our team makes a point to keep you in the know from start to finish.
Conventional wisdom suggests that putting down 20 percent of the total cost of the car at signing is a smart idea. However, your unique situation may require something different, and that is always fine by us.
Gap insurance is an form of protection that provides insurance coverage for the remainder of your auto loan should an accident or collision completely total your vehicle. Gap insurance kicks in to safeguard your credit in the event of the total loss of your car and pays off the negative equity in your loan if you owe more than the depreciated value of your vehicle.
Gap insurance is a great asset to have on your side if you:
Having a co-signer can make getting approved for a loan easier because of the combined credit score, income, and financial history. To determine if this is the best fit for you, let our team of experts leverage their years of experience to provide a hand as you consider your options.
Walk-in customers are always welcome, come on in and sit down for a chat regarding your car loan financing options at a time convenient for you. You can also call ahead to schedule an appointment with a friendly team member.
We make the process fast and easy. Our goal is to get you behind the wheel of your dream car as soon as possible. You can count on us to have everything ready when you come in to pick up your new car.
The loan-to-value (LTV) ratio is a tool used by lenders to represent the amount of money owed on your loan relative to the value of your vehicle. For example, if you currently have a loan for $15,000 on a vehicle that is worth $20,000, your LTV is 75%.
If you owe more than your current vehicle is worth, your LTV will need to be addressed. Preferred Automotive Group has decades of experience assisting car shoppers through this exact situation.
The payment-to-income (PTI) ratio is a percentage that describes your car payment in relation to your pre-tax income. As an example, if your monthly car payment is $300 and your gross monthly income is $3,000, then your PTI is 10%. Lenders usually look for a PTI that sits at around 15% when considering how large to make a loan, but this is just one of a host of factors that go into the process of securing the best financing options your unique situation.
The debt-to-income (DTI) ratio represents all of your monthly debt divided by your monthly income. Credit card payments, mortgage payments, and other recurring expenses are factored into this metric, which most lenders suggest keeping at or below 50%.
"POI" stands for proof of income and is a metric that helps our associated lenders verify your stated income during the loan application process. Some common examples of proof of income include:
"POR" stands for proof of residency and is a tool that aids our stable of high-quality lenders confirm your residency during the car loan application process. Some common examples of proof of residency include:
"APR" stands for the annual percentage rate. Typically referring to the interest rate of your car loan. This yearly interest rate is what you'll pay in addition to the amount you borrow initially, and can be fixed (unchanging for the duration of your loan term) or variable (may change over the life of the loan).
"ACV" stands for the actual cash value. ACV is used to describe the amount of money a car can be expected to sell for through the large auction networks right now. This is the amount that we can expect to recoup should we choose to sell your car at auction.
Yes. Transparency is paramount for our team. If you have any questions regarding specific inclusions within this agreement, the friendly and knowledgeable team member working with you will be happy to review and explain every line.