If you’re looking at cars at a used car dealership, odds are that you’re going to need a car loan. Unless you have a stockpile of cash in your bank account, you will need to borrow money to own one of these cars. Here are the five steps you need to follow in order to get a car loan.
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4 Great Benefits of Shopping at ‘Buy Here Pay Here’ Auto Dealerships
Car buying always seems to be stressful, time-consuming, and downright annoying — but it doesn’t have to be. With buy here pay here (BHPH) dealerships, you can handle all the financial aspects of the auto buying process directly on-site.
Read the rest of this entryBuying Pre Owned Cars: Avoid These 4 Common Mistakes
Pre owned cars and auto sales have been on the rise for seven consecutive years. Despite this, there are still plenty of car buyers who are being taken advantage of and are making terrible mistakes when it comes to actually finding, negotiating, and purchasing used vehicles.
Read the rest of this entry5 Great Tips For Buying a Vehicle With Bad Credit
It can be quite difficult to buy a new or used vehicle when you have poor credit. Unfortunately, so many Americans have credit issues due to a variety of reasons — and purchasing a functioning vehicle can be tough if the situation is bad enough.
Read the rest of this entryBuying a Pre Owned Car Checklist: 4 Important Steps
If you’re planning on buying a pre owned car in the near future, you need to make sure you know what you’re getting yourself into. If you buy from a reputable used car dealer, then the vehicle itself will likely run fine and be just what you’re looking for. But knowing how to handle all the various steps of the actual car buying process is the real trick.
Read the rest of this entry3 Steps For Searching, Selecting, and Purchasing Great Used Vehicles
If you and your family are thinking about purchasing a new vehicle or two, it’s important that you know exactly what you’re looking for and that you’re not spending a significant amount of money. It’s no secret that certain automobiles are extremely expensive, but you can find plenty of used cars for sale that are much more affordable options for you and your family.
Read the rest of this entryImprove Your Car Negotiation Tactics: 4 Tips To Find a Great Deal
Used car sales have been on the rise for seven consecutive years and it’s no wonder why. Used cars are excellent vehicle options. Although there are all kinds of important aspects you should be focusing on during your used car purchase, negotiating a reasonable price should be at the top of your priority list.
Read the rest of this entryBuying Pre Owned Cars: 3 Myths Busted for Good
Most pre owned cars are still great vehicles, and unlike new cars, they won’t lose most of their value just because you drove them off the dealership lot. Don’t let anyone tell you otherwise.
Read the rest of this entry3 Costly Mistakes to Avoid If You’re Trying to Improve Your Credit Score
Handling your credit isn’t something that was taught in high school, though it probably should have been. Now it’s on you to do everything in your power to keep your credit score high and your debt low or non-existent. Taking care of your credit isn’t easy, however, and there are all kinds of mistakes that people make resulting in even poorer credit.
Read the rest of this entryTrying to Buy a Car With Bad Credit? These 3 Tips Should Help!
Everyone loves getting a new car, but that can be quite difficult to accomplish with bad credit. Thankfully, there are plenty of ways to get a car with bad credit auto loans.
Here are some great tips for dealing with bad credit auto loans and actually acquiring a solid vehicle with poor credit:
- Don’t ignore pre-owned vehicles — For some reason, many people associate used cars with poor performance. Maybe that was the case a few decades ago, but it certainly isn’t true anymore. Used cars have just about all the bells and whistles that newer vehicles have and are much more affordable. Additionally, Certified Pre-Owned vehicles tend to generally have less than 36,000 miles on them, so you’ll be able to drive them for a very long time.
- Find a suitable lender — Figuring out how to get an auto loan with bad credit is much easier when you’re working with a lender that accepts applications with all kinds of credit levels. Obviously, if you’re trying to deal with a lender that only works with individuals with excellent credit, you’re going to have some trouble. But there are plenty of quality lenders out there that will work with you to get a solid vehicle. Keep in mind, you don’t have to work with the very first lender you find online — it’s best to shop around for quality auto loans so you compare prices. Try to do so with a time frame of 14 to 45 days in order to avoid damaging your credit even more.
- Be ready to negotiate — Just because your credit is bad doesn’t mean you have to take whatever unfavorable deal is presented to you. There are hundreds of reasons why someone’s credit could be lacking, so it’s unfair to punish them with poor loans and high interest rates. You have to stay reasonable with your terms, but make sure you’re ready to negotiate with not only the auto loan lender, but the dealership as well.
If you are ready to get a quality vehicle and visit a great used car dealership — as well as make the most of any bad credit auto loans — give Auto Sales and Service a call today!