What to Look for in a Used Vehicle

Buying a used vehicle is a good way for you to save hundreds or even thousands of dollars on a car or truck. Used vehicles are less expensive, but may have hidden problems that the previous owner conveniently “left out” when selling you the car. Because of the lemons that are on the market, you should take some time to research the vehicle that you are considering and give it a thorough inspection before you make the purchase. There are a number of things that you should check to ensure the quality of the vehicle. Use the following list as a guide, but not as your only guide for making a purchase. ​

Mileage is one of the most basic things you will look at when making a used vehicle purchase is the mileage. The mileage is a guide to show you how much wear the vehicle has. It does not mean that all vehicles with high miles are bad and all that have low miles are good, but it will give you an idea of how much usage the vehicle has been subject to. Typically, vehicles get about 20,000 km put on them each year so try to calculate the number of kilometres per year the vehicle has. ​

The next thing that you should look for is rust. Rust is one of the most debilitating things that a vehicle can be subjected to. Body panels can crumble, frames can be weakened, and floors can rust out. If the vehicle you are considering has rust, you want to ensure that you are know the extent of the damage to the vehicle. If you feel like the damage is excessive, don’t buy the vehicle. ​

Before you even step on a lot to look at vehicles, check the price using an online pricing guide. These guides allow you to input the make, model, and options to find out what a vehicle is actually worth on the market. Once you know the price, you will have the upper hand negotiating when the time comes

It’s Alright to Tell Your Used Car Salesman the Truth

People who sell used cars have a reputation, and it isn’t a good one. The title “used car salesman” conjures up images of cheap suits, greasy hair, and fake smiles. It’s an occupation that has a negative stigma attached to it, and some of the games that have been played between buyers and sellers on car lots are legendary. You may feel that there are very good reasons for withholding your income and financial information for as long as possible. In this antagonistic environment, it can be hard to let your guard down, but there are reasons why a good salesman should be trusted.

Salesmen are Professionals

Most salesmen are business professionals with an incentive to provide you with excellent customer service. They are working hard in an industry that is highly competitive. Repeat business and referrals are critical to their success, and playing deceitful games with customers is not in their best interest. The only salesmen that last for any length of time have earned reputations for fair deals, but that doesn’t stop most buyers from approaching them with suspicion.

Salesmen Have Helpful Knowledge

In order to serve you best, a car salesman must understand your needs. To do this, your trust must be earned. The relationship they work to developed with you is what puts you in a position to get the most out of the exchange. Without your cooperation, you are just making it harder on yourself. A good salesman makes suggestions that help you decide which auto purchase is the most advantageous for you.

The Final Deal Benefits You Both

As a buyer, you are working together with your salesman to produce a result that is mutually beneficial. You want to get the most out of your money. Every dollar you spend should be returned to you in the value of the vehicle you drive. A salesman needs to make certain you buy something that will satisfy your needs for as long as possible. From the salesman’s perspective, getting it right the first time around is less costly than continuing to provide follow up service for unhappy customers. By cooperating together, you both win.

Experienced salesmen have seen it all before. Being coy with them signals that you are they type of buyer that wants to play games. Used cars are tricky enough. Instead of approaching your salesman with suspicion, try giving the benefit of the doubt.

Car Loans Aren’t Scary

As a car dealer, I often hear customers say that car loans are scary. Often, one of the biggest worries that people have is about their credit. This is normal, because a car is a big purchase for many individuals. Most folks know their credit score influences the final amount of their monthly loan payments. Why does that matter? Let’s talk more about the process.

First there are some important terms to know when talking about loans – down payment, principal, interest rate and loan term. The down payment is the money you pay the dealership toward the overall price of the car. The difference between the loan and what people can pay right away is called the principal. The interest rate is how much people pay the lender for loaning them money. The loan term is how long the borrower has to pay back the loan. Because monthly payments are determined by both the initial value of the loan and the interest rate, the lower interest rate we can secure for a customer, the lower the monthly payment can be.

As a dealer, I have access to great deals and can get customers the best car loans. Customers get their car shopping done in one stop. The dealership is here to work with you. My goal is to build a relationship with customers where they know they are getting treated right from start to finish. I work with customers so they get the right car, for the right price and secure their car dreams with the right loan. Cars are an investment and car loans can help make owning a reliable vehicle go from dream to reality.

I’m here to tell you that my dealership makes buying a car and getting a loan a stress-free process. We want you to drive away, happy that we were a part of your journey.

5 Smart Questions to Ask a Used Car Dealer

Shopping for and comparing used cars may seem like an overwhelming or stressful task. After all, you are making a major monetary investment. So, it is important that you find a quality vehicle for the best price. To make things easier for you, we have prepared a list of questions to ask the car dealer.

Do You Take Trade-Ins?

Selling your current vehicle to a dealer is beneficial. For one, it takes the hassle out of selling the car on your own. Additionally, it lowers the final price you pay for your used car.

Who Is the Previous Owner?

Dealers receive used cars from a variety of sources, such as private owners, rental car fleets and auctions. The car’s history gives you a better picture of its value. For example, if it is a trade-in there a good chance the dealer has maintenance records. You can also obtain information about prior accidents or repair costs.

Can I Get a Copy of the Pre-Certification Report?

If you are interested in a certified pre-owned car, request the service report. The document provides a list of everything fixed as well as anything that still requires work.

How Long Can I Test Drive the Car?

There are dealerships who allow customers to keep used cars overnight. In these instances, you will need proof of insurance. A handwritten agreement stating you will return the car with a full tank of gas and won’t drive more than 100 kilometers may also be required.

Do You Provide New Equipment?

Dealerships may sweeten the deal with some extra items. You can negotiate for things such as a set of tires or a new timing belt, especially if the auto has close to 100,000 kilometers.

Asking the right questions will help your trip to the dealer go a lot smoother. Once you have the information you need, you will feel confident knowing you have bought the right car.

Are Car Loans for You?

When buying a car, a lot of people struggle to decide if they should purchase outright or get car loans. While car loans aren’t for everyone, they can be a great option for some people. If you are having a hard time deciding what to do, ask yourself the following questions to see if getting a car loan is a good choice for you.

Are You Short on Cash?

Do you have the money to purchase upfront and outright? Unfortunately, in many cases, the answer is no. If you don’t have enough money to purchase a decent car but you need a car sooner rather than later, the best option is to apply for a car loan for a good car rather than spending what you do have on a clunker.

Are You Financially Responsible?

If your credit history reflects financial responsibility, you can most likely qualify for a low interest rate loan. This means that in the long run, you won’t pay that much more than the purchase price for the car, with the added benefit of having extra time to pay for it. Additionally, if you know how to be responsible with your money, you won’t suffer consequences of late or missed payments.

Do You Need the Money You Have?

If you have enough money for a lump sum purchase but are worried about using it, don’t do it. Having money as a safety net will give you more peace of mind than any car will. It’s always nice to know there is money available to use in an emergency. Rather than making a huge dent in your savings, get a car loan and make a payment each month from the paychecks you earn.

If you live paycheck to paycheck, barely afford rent, or know that you don’t handle your finances that well, car loans might not be your best option. However, if you asked yourself these three questions and you answered yes, look into car loans. They could be your best bet for immediate access to a safe and dependable car.

Pay Your Car Loan Off Faster with These Tips

You may love driving around in your new car, but the looming thoughts of paying off your car loan can cause some uneasiness. Fortunately, there are some ways you can finish paying for your car loan in a shorter time span. Car loans don’t have to be something you dread. Here are some of helpful tips you can utilize to pay off your loan sooner.

Check for Any Penalties

The type of car loan you have often determines whether or not you are even eligible to pay your loan off early. You can easily find out if you are eligible to pay your car loan off prematurely by contacting your auto loan provider.

Use Extra Money to Pay Off Your Loan

One way to reduce the amount you have to pay on your car loan is by using extra paychecks toward your loan. At first, it may be hard to see your extra money going toward your auto loan, but the end reward will make it worth it. Similarly, anytime you get a pay raise or significant tax refund you should start applying that money towards your auto loan.

Consider Refinancing

If your credit score has improved since you got your car loan, then you may want to consider refinancing to a lower interest rate and loan term. By reducing your interest rate, you will end up paying less in the long run. It’s important to note that simply reducing your interest rate without cutting down the length of your loan won’t make a sizable difference. When you go to the bank to refinance your loan, make sure you try to shorten your loan term.

Remember to use these tips the next time you want to pay your car loan off before the loan term ends. The quicker you pay your car loan off, the more money you will save from high interest rates. Even just applying extra money every so often to your loan can make a big difference.

Get Car Loans, Even With Bad Credit

If you are like many of our customers and have bad credit, the good news is that you’re not alone. Many of our customers with bad credit come to us with plenty of concerns about whether or not they will be able to afford to buy a new or used car with a car loan. We’re here to let you know that even if you have bad credit, you can still get a car loan in the Mission Area – and one that you can afford!

Here are a few things that you need to know in order to get a bad credit car loan in no time!

Understand credit

People with bad credit have bad credit for many reasons. Some of our customers with bad credit have bad credit because they have lost their jobs or had to move around for work. Other customers with bad credit have made one or more financial decisions that have resulted in bad credit. However, no matter what your reason is for having bad credit, we’re delighted to let you know that having bad credit does not mean you can’t get a car loan. We’d like to help you understand how credit works, first, though. Schedule a consultation with one of our finance experts to discuss your financial situation and to learn how you can get a car loan even with bad credit!

Complete the credit application

Whether you have perfect credit or bad credit, you’ll still have to complete the credit application in order to ensure that you are able to get a car loan. We have the credit application available online so that you can get started from the comfort of your home. When you complete the credit application, our credit expert will be able to learn more about you financial history, spending habits, debts, and more. Based on this credit application, we’ll develop a loan program that is uniquely suited for your needs so that you can afford to buy your car and actually repay your bad credit car loan each month!

Look for deals and savings opportunities

Buying a car with a car loan is not the only way to afford to buy a car; you can also buy your car through a special program, which may be going on now, or by using a trade-in. There are plenty of ways to save even more money when you buy your car; contact us for tips and advice on getting started!

Poor Credit Car Loans Create Opportunities to Save Time and Money

If you are like most people, you have a lot of traveling to do just to go about your daily life. Maybe you commute to work or school. Perhaps you shuffle children from one lesson or practice to the other. Maybe you just run your very own errands all day long, and you know that getting from one to the other is hard enough without having to take the bus or hoof it everywhere you go. With transportation a constant issue, perhaps you are even in the market for a used car but are worried that even poor credit car loans will be too hard for you to secure.

Does any of this sound familiar to you? As car sales specialists, we have seen just about every credit problem you can imagine. There is not a single credit scenario that we have not witnessed or cannot imagine. In fact, we know better than just about anyone that people of all types, shapes, and backgrounds are likely to have a poor credit rating that makes it nearly impossible for them to acquire reasonable financing through a bank or credit union. With a credit rating that keeps traditional lenders from even giving them a chance, many people try to make due without the vehicle that would simplify their lives.

When one considers the high opportunity cost of walking or waiting for a bus when he could be driving himself and factors that alongside the missed opportunities not having wheels of his own lead to, the affordability of creative financing makes more sense.

With our customers’ best interests at heart, we have our own means for seeing that you can afford to drive off the lot for convenience, mobility, and peace of mind. What’s more, nothing could make us happier than knowing that we have helped another worthy client find the right car at the right price. With easy term financing customized to fit your budget and your needs, we can and will help you to find the right car for to fit your busy lifestyle.

When Your Car Gives Out

It can seem like auto problems come out of nowhere. One day you are driving along, not a care in the world, and the next your car just will not start. When this happens, and your car is beyond repair, it can mean that it is time for a new car. But what happens when you do not have the money for a new car? A loan is always an option, but if you have bad credit you may feel like you will not qualify for the loan you need. Luckily, bad credit car loans exist just for this situation.

Bad Credit Car Loans 101

A bad credit car loan is very much like a normal car loan, with a few small differences. This loan will qualify you for a vehicle that is in your budget. Generally, this means that you will be able to look at a wide range of used cars. Another key differences is that the interest rates on these loans are a little bit higher. While this may seem daunting at first, the overall total of the loan is lower, so the interest is not as big as a challenge to deal with.

Top Reason to Take Out This Loan

The best reason to take out a bad credit car loan is that you will be able to get the car that you need when you need it. Instead of throwing in the towel due to bad credit, this loan can actually help you to get your vehicle and even improve your credit. Depending on your credit score, taking out bad credit car loans can actually help you get your credit score a bit higher. When you make regular payments on your loan, your score will begin to reflect this.

Don’t let bad credit prevent you from getting the car that you need to survive. Consider bad credit car loans and in no time you will have the vehicle that you require while being well on your way to improving your credit score.

Even With Slow Credit, You Can Qualify for a Car Loan

Shopping for a car should be fun and exciting. If you have credit issues, you may be dreading the experience. We want to help you get a car loan so you can have reliable transportation. Our dealership specializes in assisting consumers with credit problems. Slow credit car loans are available, but you will need to be prepared before you come in.

We believe everyone needs a chance to fix their credit. Often, the financing options for people with slow credit involve having the payments automatically taken out of the account before the actual deadline. With steady income and a bank account, you may qualify for more car than you thought possible.

Taking the time to look at your credit and fix the errors before you apply for financing is a good idea. If you are not under a time crunch to purchase a new vehicle, spend 3-4 months making payments on time to improve your credit. If you can’t wait, work with our dealership to find the right financing.

Before you shop for cars, get pre-approved for the right financing. Then you will know exactly how much you have to spend on your car before you shop. Our professional sales team will help you find the right vehicle to meet your needs and stay within your budget. You can test drive as many different cars or trucks as you choose.

Slow credit car loans that are automatically deducted from your account will improve your score over time. After a year of regular payments, it is possible to get refinanced with lower interest rates or into a better car. Don’t let your poor credit keep you from getting the vehicle you need to get to your job. Let our dealership help you find the financing so you can rebuild your credit.

Bring the fun back into the experience when you are assured you will be able to afford the vehicle you’re test driving. Find the right financing company by going through our dealership. We have many options for slow credit car loans. We want to give you the chance to fix your credit and drive the car you want.