Paying for Used Cars with Your Head – Not Your Heart
Paying for used cars is not like new car financing. Interest rates are higher and loan terms are shorter but your credit doesn’t have to be perfect to get behind the wheel of a used car. I will get you the right information to decide among paying cash, bank loans, credit union loans, Internet loans, leasing, and more.
Top 5 Tips for Buying a Used Car in 2009
There has been a lot written on this site about what you need to do to buy a used car. This piece, though, will tell you the top 5 tips for buying a used car in 2009 regardless of your credit situation. Plus, I’m going to tell you a class of used car to avoid. These are difficult economic times so it makes sense to have updated info – and not advice published in 2005 when the living was easier.
There has been a lot written on this site about what you need to do to buy a used car. This piece, though, will tell you the top 5 tips for buying a used car in 2009 regardless of your credit situation. Plus, I’m going to tell you a class of used car to avoid. These are difficult economic times so it makes sense to have updated info – and not advice published in 2005 when the living was easier.
Credit Unions Good for Auto Loans
Less than one in five used car loans are made from credit unions, which is surprising because they can be a great source of low-cost loans because they can offer competitive financing rates to their members versus other financial institutions.
Less than one in five used car loans are made from credit unions, which is surprising because they can be a great source of low-cost loans because they can offer competitive financing rates to their members versus other financial institutions.
Good Advice if Your Credit Is Less Than Perfect
This article from Edmunds.com is geared towards new car buyers but it has excellent advice for anybody buying a used car with less than perfect credit. Following these tips could save you hundreds of dollars.
This article from Edmunds.com is geared towards new car buyers but it has excellent advice for anybody buying a used car with less than perfect credit. Following these tips could save you hundreds of dollars.
Find the Best Rates for Your Loan
Bankrate, Inc. is a leading aggregator of financial rate information. Bankrate's rate data research continually surveys approximately 4,800 financial institutions in all 50 states in order to provide clear, objective, and unbiased rates to consumers. There are also helpful tools on the site for figuring out what you can afford.
Bankrate, Inc. is a leading aggregator of financial rate information. Bankrate's rate data research continually surveys approximately 4,800 financial institutions in all 50 states in order to provide clear, objective, and unbiased rates to consumers. There are also helpful tools on the site for figuring out what you can afford.
Bad Credit Used Car Auto Financing
AutoFinancing.Net has some helpful articles on understanding bad credit auto financing, which is where a lot of used car buyers are coming from.
AutoFinancing.Net has some helpful articles on understanding bad credit auto financing, which is where a lot of used car buyers are coming from.
How Much Can You Afford?
AWARE (Americans Well-informed on Automobile Retailing Economics) is a collaboration among various financial institutions with helpful information about financing your next car. It has helpful tools for figuring out what you can afford and other good advice.
AWARE (Americans Well-informed on Automobile Retailing Economics) is a collaboration among various financial institutions with helpful information about financing your next car. It has helpful tools for figuring out what you can afford and other good advice.