Used Car Financing

Used Car Financing

When people think of financing a vehicle, they tend to think of cars that are brand new and have literally just come onto the market. While this is a possibility for some, used car financing is the more practical option for others.

What Cars are Eligible?

It's hard to give a specific answer. With used car financing, the specific vehicles from which you can choose could depend upon the vehicles available, the condition of the cars, how old are the cars are and so forth. However, you will not be narrowly limited in your options and can certainly find a car that is suitable for you.

Is Buying a Car with 0 Down in the Seattle Area a Good Idea?
Just because you don't have the money for a down payment it doesn't mean that you can't buy a new or used vehicle, especially with our help.

How to Get an Auto Loan with No Payment for 90 Days
When you need help getting a car loan without making a payment being made for 90 days you will have to know exactly how to approach the process.

How to Use 500 Dollars Down to Finance a Car in Tacoma, WA
Making a low down payment can also be used to get easy auto financing, even if you're making a $500 down payment.

What to Expect From 84-Month Auto Loan Terms
If you are looking for manageable monthly payments you should consider applying for an 84 month auto loan term to help expand your payments today.

How It Works

Essentially, financing a used vehicle is going to be quite similar to financing a brand new car. You will put a certain amount of money down to obtain the day, and then you will have monthly payments to fulfill the rest of the amount. Additionally, you will have to pay interest. The exact rate of interest will depend on a couple of different factors, but your credit scores will play a heavy role.

Why It's Better

Financing a new car loan is the smarter option for some people, but that doesn't mean it's a solution that works for everyone. If you are a person who has poor credit, for example, you can really benefit from a used car financing program. Due to your credit, you are probably going to have fairly high interest rates. The more expensive a car is, the pricier the monthly payments will be. Add that on to the interest rates, and you could find yourself in a very expensive situation each month.

Used Car Finance vs. New Car Leasing

You might think that the cost of financing a used car is comparable to the cost of leasing a brand new one, and this could be a true point. However, remember, with a finance, you do not have a limitation on the number of miles you are able to drive during the year. For people who do a lot of driving, a finance is often a wiser choice.

If you're thinking about buying a used vehicle with poor credit, it's important to keep the following points in mind:

  • What car can get
  • How the process works
  • Why the process makes sense for you
  • Why financing is right for you

Keeping these factors in your thoughts helps to ease you through the process.

Get Financing Now

Drive Now

Featured Finance Vehicles