Having bad credit can be a serious impediment if you’re trying to buy a new car. Even if you manage to secure financing, you may pay a lot more than you should. You may feel as though you have no choice but to pay an extravagant monthly amount, but the truth is that even with slow credit, missed payments and bad credit, we can get you approved for your car loan.
One of the first things that you’ll want to do is get a recent copy of your credit score. Doing so will keep you from being completely caught off guard in the event that a car dealership gets a copy of your credit score. You may also find that your credit isn’t as bad as you thought it was. You don’t have to pay for a credit report, so if you’re asked to, go to another credit bureau website. If you find any mistakes on your credit report, get them taken care of as quickly as possible since doing so could improve your chances of getting a car loan if you need it. Something else you can do to improve your credit score is to make sure that you pay all of your bills on time for several months before you plan on purchasing your new car.
Now that you’ve done your part, it’s time for the dealership to do their part. You may be unfamiliar with some of terms you notice splashed across the ads you see for dealerships. Having slow credit means that while you pay your bills, you do so very close to the due date rather than early. Missed payments means that you failed to make payments to your bill. We understand that no one intentionally ruins their credit and that it’s a process to build credit back up. As long as you’re making an effort to work with a dealership and make your payments, then we can get you approved for car financing.
When you start thinking about purchasing a used vehicle, you will want to figure out how much of a car payment you can afford. Not only will you have a car payment every month, but you will also need money to pay for gasoline, maintenance, and car insurance. Staying on budget is an important part of purchasing a car. You want to choose a car that you can afford.
Other than a car payment, you most likely have other large payments to make each month, such as health insurance, rent or mortgage, and other household bills. To figure out how much you can afford to spend on a car, you will want to calculate the amount of income you have and subtract your other expenses. This will be able to tell you how much you can afford to spend a month on a car payment and other vehicle expenses you may incur. Once you have figured out how much you can spend a month, you will be able to see what price point you can afford for a new car.
Once you have figured out what your price point is for purchasing a car, you can begin the search. When searching for a new or used vehicle, it is important to look around at car dealerships and look at different models. Take note of the ones you like and get a price for each one from your dealer. Make sure you are not setting your heart on a vehicle that is not in your price range. You want to make sure you are staying within your budget so that you can actually afford the vehicle.
Making a budget, before you go shopping for a new or used car, is one of the most important steps in this process. This way you will know how much you can afford to spend and you will know what price range to stay in. You will find that you will spend less time looking and more time enjoying your new, affordable car.
At Elite Auto Centre we can get you approved for your car loan, regardless of past credit. Apply today, get approved is usually 24 hours or less!
We are in the business of helping people get into great used cars. For years, we have been working with consumers to determine which vehicle will best suit their needs and which price will best work with their budget. Before stepping foot on our lot, it is a good idea to put together some questions to make sure you have found the right vehicle.
First, you should always ask the salesperson for information about the vehicle. That includes an inspection report and the vehicle’s history report. These items will give you an idea of what kind of shape the car is in and what you can expect should you decide to purchase the vehicle. If you prefer, you may hire a mechanic to perform an inspection for you.
Many people ask us about the gas mileage on a vehicle. Fuel consumption is top-of-mind for many drivers, especially as gas prices rise. You can always research the vehicle on your own to determine what kind of mileage it gets, or our staff will be happy to provide you with that information. Keep in mind that to get the best mileage possible, it is important to have your car regularly serviced, keep your tires in good shape and practice good driving behavior.
Lastly, you should always ask us about your payment options. While some people choose to purchase a vehicle outright, there are financing options available for those who prefer it. We can help make sure you get into a vehicle at an affordable monthly payment. You can keep those numbers low by trading in a vehicle, making a down payment or being flexible with loan terms.
When you are in the market for a used car, it is important to work with a dealer you can trust. You can have peace of mind throughout the process by knowing which questions to ask. Make sure to get the vehicle’s history and inspection reports, and get familiar with the gas mileage. You should always ask about your financing options, as our team would be happy to help you
Shopping around for used cars is an exciting time for most people, but it can also be stressful and confusing. How are you sure to find the best deal? What if the car you’re considering has problems you don’t know about? Will you be pressured to buy a car before you’re ready? Fortunately, the knowledgeable staff at our dealership is qualified to answer these questions and more that you may have. We’re happy to walk you through each step of the used car buying process, whether you’re ready to make a purchase or just looking around for now.
What about pressure?
High-pressure tactics are one of the things that intimidate a lot of people looking for cars, even if they’ve bought a car before. Our sales team is against these types of tactics that only make potential buyers feel uncomfortable and give them a bad feeling about the car buying process. Instead, we want to make you feel comfortable and welcome at our dealership. We will spend the time to show you cars you’re interested in and answer your questions, but will never make you feel like you’re required to make a purchase.
Are our used cars reliable and in good condition?
Our experienced mechanics take great pride in the work they do on each car that comes into our lot. We never sell a car with known issues to customers – each vehicle on our lot is thoroughly inspected and repaired before becoming available, so you know you’re driving off with a car you can rely on. If on the off chance an issue does arise, we will do everything we can to make it right.
Come into our showroom today and ask us to show you around. We’ll be happy to give you a tour of the many quality used cars in our stock, as well as discuss affordable financing options. We’re prepared to answer any questions you have. You’ll soon discover why we’re known for making the car buying process enjoyable and easy for all our customers.
Sometimes, getting something pre-owned or pre-used is unappealing and undesirable. Often, the thought of being handed down an object or product that someone else has possessed makes a person feel awkward or anxious. Of course, everyone likes things to be new, fresh, cutting edge. This can’t always be the case. Fortunately, with cars, old can sometimes not only be satisfactory but fun and enjoyable. If you’re thinking about purchasing a used car, of if you’ve recently gotten one, consider these ways having the best possible experience. You can enjoy many years with used cars if you take the right steps.
Get Regular Maintenance
It’s interesting that people often treat newer things with much more care and consideration than used items. It’s the same with cars. Sometimes people think because it’s older that it doesn’t matter what rough you are with it or if you neglect require repairs or upkeep. Some may figure it’s going to break down soon anyway, so why bother? Don’t have this attitude. Getting regular oil changes, other fluid changes, and additional recommended and required maintenance can add years to your used car, even if it’s already well along in years.
As with any car, don’t speed and obey traffic laws. Use common sense. Don’t batter your car through needless recklessness. This will only accelerate the aging process or risk damage. Don’t think that just because used cars are older that running them into the ground will have little effect.
Get Required Inspections and Registrations
When it’s time to get a safety inspection for your used car, take care of it. Don’t assume that it’s fine to overlook this step simply because you’re driving a “beater” car. Not only does law require inspections, but they’ll ensure you’ll be able to get to your destination without problems. Neglecting safety inspections puts you at risk for major hassles and problems you can easily avoid.
Use the Right Fuel and Fluids
Similar to point No. 1, you should be mindful of what you’re putting in your vehicle. Used cars run much better on high-mileage oil and higher-octane gas. Performance will improve and the life will be enhanced when you pay close attention to these easily forgotten recommendations. Don’t skimp on these because of cost. Forgetting these essentials will cost you in the long run anyway. Better to take care of things now rather than wait for the unwelcomed surprise later. You’ll be grateful you took the time.
While they can sometimes be looked down on, used cars are actually some of the most efficient, budget-friendly options on the market. If you take your time and work with our professionals in order to choose your new ride wisely, there’s nothing you can’t do in a used car. While many prefer newer models, there are several distinct benefits when it comes to owning a used model of any brand, some of them budget-related and others more practical. The top three biggest advantages of owning a used truck, car or SUV include:
The biggest and most obvious benefit when it comes to purchasing used cars is that they tend to cost much, much less than new cars on the market. This is especially important if you, like millions of other individuals across the country, are faced with budget struggles and have better things to do with your cash than spend your entire paycheck on your transportation. Price isn’t everything, but a lower cost certainly does help make life easier in the long run.
Dealing With Depreciation
Unlike a brand-new car, you won’t need to worry about your used car depreciating as soon as you roll off our lot. That means that you won’t need to worry about selling your car later on, and can rest assured that your investment is a sound one that’ll still be valuable in the future if you decide to sell in favor of another ride you happen to come across.
We have a huge variety of used cars, spanning all sorts of makes, models and years. Therefore, your selection of your new vehicle is much less limited than it would be if you were searching for a brand new ride. This means you’re free to pursue a specific style you might like or a budget range you’re working with much easier than before.
With these three benefits in mind, it’s no wonder that thousands of people invest in used cars each and every year. Keep these benefits in mind when choosing your ride to get the most for your money.
Once you determine which dealership to get your next vehicle at, talk to them about their financing options before you start to browse the vehicles on the lot. This is especially important if you have bad credit because it allows them to look specifically for bad credit car loans that they may offer in house.
Know What You Qualify For
If your credit is not great, the dealership financing options could be more limited compared to a shopper with an excellent score. When you talk to the finance department first, they can run your information and crunch the numbers. This gives you a better look at the total loan amount you may be able to get. Once you know this, you can stick to looking at vehicles at this price or lower on the lot.
Clean Up Your Credit or Get a Cosigner
If your credit situation means that your financing options are a bit dim, you will know in advance if you should work on your credit before buying. It also lets you know if a cosigner could help you to get better terms and a larger loan amount.
Speed Up the Process
When you pick out a vehicle first, if you do not qualify for a loan large enough to cover it, you have to go back to square one. However, when you get your financing options first, you can work within the financing parameters that you qualify for, eliminating the possibility of not qualifying for the vehicle that you choose. So, you simply pick out one that works, finish the paperwork and drive off the lot.
When you get the financial stuff out of the way first, it makes shopping for a vehicle a bit less stressful. You will know what you are working with and if there are any limitations with factors, such as the loan size, as you are exploring the available vehicles.
While many used car owners take their vehicles in for routine maintenance, such as oil changes and tire rotations, it is important to perform your own inspection checks as well. Proper car maintenance and DIY tips are easy to follow. Engaging in simple vehicle checks regularly may help to prevent an accident from occurring. Here are some easy Do-It-Yourself tips that you can look for in your vehicle.
Checking your oil on a routine basis will help to extend the life of your car. If you happen to be going on a long drive, be sure to check the oil before you go. Most vehicles need to have their oil changed every 3,000 to 5,000 miles. Missing an oil change can damage your car’s engine.
Another maintenance check that you can do yourself is the battery inspection. Check your battery to make sure all cables and connections are free from corrosion and are securely attached. Car batteries generally last for three to five years.
Routinely test your headlights to make sure they are working properly. Head and tail lights are cheap and easy to fix. Repairing them as needed may prevent you from being pulled over because of a headlight outage.
Be sure to check your tires for any wear in tread or damage to the sidewall. If you notice one of your tires is getting low, check the pressure and fill it with air. Continue to keep an eye on it in order to avoid getting stuck with a flat tire. Bald tires will need to be replaced as soon as possible as they are a danger on the road, especially in bad weather conditions.
A common maintenance issue involves trouble with the brakes. Listen for any screeching sounds that occur when you apply your brakes. Replacing your brakes quickly upon hearing the noise will prevent them from damaging your rotor blades.
Knowing how to care for your car properly will not only increase the life of your used car, but it will safeguard you from other dangers on the road as well.
There are several places where you can get a car loan, regardless of your credit, and some will be better than others. For instance, if you come down to the dealership and sit down with one of our finance specialists, then you can get the loan and the car that you want at the same time. Two things you want to look for in a lender is the loan availability and their reputation.
Not every dealership, or other lender, can offer you a car loan if you have no or bad credit. This is why it is a good idea to check out our requirements and loan offerings before you start shopping for a vehicle. This can help keep you from finding the right car or truck for your needs and then not being able to purchase it. It can also help keep you from unfavorable terms because we can sit down with you and determine which available loan is the best for your needs.
The reputation of your lender can be important because it reflects the terms you are likely to get. When you get a loan from us, it is a good idea to ask any questions that you may have about the loan to ensure that you understand what is required of you, and of us, in the contract. This can help you get a better bang for your buck.
Finding bad credit car loans can be easier than you might think. We can help you find the car that you want for the financing options which will work the best for your needs. To find the best loans, please fill out our secure online credit application or to come to the best dealership and talk to one of our finance specialists.
These talented people can help you find the right options for your financial situation and help get you into a new car at the same time.
Next to your house, your car is probably one of the most substantial investments you will ever make in your life. It’s important while car shopping that you explore all of your options and choose the absolute best vehicle that meets your needs without draining your budget in the process. Here are a couple of things to keep in mind as you shop.
With the cost of gasoline continuing to increase, you may wish to explore a more fuel-efficient model of car for your next vehicle. The cost of gasoline can make a substantial difference in the overall affordability of your car, especially if you have a longer commute or have other duties and activities that keep you driving around a lot in your free time. Some individuals can save hundreds of dollars each month by trading in their older, gas-guzzling SUVs and trucks and switching to a hybrid, compact car, or model designed for enhanced fuel efficiency. If you are tired of constantly stopping at the gas station and watching the numbers on the pump creep up and up as you refuel, it may be time to make the switch to a more economical used car.
Speaking of used cars, it is no secret that pre-owned cars are a great value—the consumer demand for affordable cars is partially why the pre-owned vehicle market is as robust as it is today. It’s critical when selecting a car that you choose one that fits well within your monthly budget. You also need to take other vehicle costs into consideration, including insurance, gas, tune-ups, and maintenance.
If you do a substantial amount of driving every month, you’ll need to keep a particular eye on maintenance due dates to ensure you keep your ride driving perfectly season after season. It can be easy to fall behind on routine maintenance like oil changes without adhering to a schedule or paying close attention to the odometer every month, so it behooves you to create a way of reminding yourself when maintenance is due.