Used Cars; What a Great Option

For most of us, owning a car is a necessary part of life. We need it to get groceries, to get to work, our kids to school and, perhaps, the family to church. And while having that brand new shiny vehicle with that fresh new-car smell parked in our driveway, the depreciation of the value from the time it leases the auto dealership to your home will make you nauseous. This is why buying used cars are a great option when it is time to purchase a vehicle.

There are few cars made that do not lose value as soon as they are sold. Unless it is a limited edition or a car in high demand, cars will lose 20 % to 30% or more of their value as soon as you leave the showroom floor with it. If you can at all resist the temptation, stay away from that purchasing that new car.

Another reason why buying used cars are a great option has to do with for whom you are buying the car. If you are buying a car for your teenage son or daughter, it is better to buy them a used car so that insurance will be less and repairs may not cost as much should there be damage to it. Since it is a used car, you hopefully won’t be as upset when comes home with the large dent in the front bumper because he still can’t seem to get parallel parking.

Poor credit or a bankruptcy is a third reason why buying used cars in the Windsor area are a great option. Sometimes, your credit may be too low to secure financing to purchase or lease a new vehicle. Or, if you have challenged credit, the interest rate is too steep to make buying that new car sensible. There are lots of great used cars on the market that have all ready seen the majority of their depreciation occur. As a general rule, if you don’t want to hassle with too much maintenance or costly repairs, find a used car worth more than $10,000. Owning a vehicle that is three to five years old with kilometres in the low one-hundred thousand’s and priced between $10,000 to $30,000 is your best bet to keep you and your family safe and on the road and is why buying used cars are a great option.

Myth: A Checkered Credit History Equals No Car Loan

You need a car. You’d like the affordable price tag and reliability of a quality used car, but are under the assumption that used car dealerships require full cash payment up front. Where would you get that kind of money? If only you could find the used car you’d like on financing terms you can afford! But even if you could find such a dealership, what would they say about your checkered credit past?

We’re glad you asked! Before you bite your fingernails all the way down to the nubs, come check out our bad credit car loans! It would be our pleasure to help you fulfill every item on your wish list. Let’s take it from the top.

The Car

You’d like a used car. You have an eye for quality, so not just any used car will do. We feel the same way! We have an extensive selection of reliable pre-owned vehicles, and we’re certain you’ll find a new-to-you car that will fit your needs and your budget.

The Money

You don’t have all of the money right now, so you’d like to split the cost into monthly payments over time. Not a problem! We offer a variety of financing options that can allow you to purchase a car today without zeroing out your bank account.

The Problem

Now we come to the zinger. What about your checkered credit past? Think you’re not a candidate for a loan? Think again. Our friendly and knowledgeable financing specialists would be glad to show you how you could qualify for a bad credit car loan. These loans are specifically designed for people in your situation. While interest rates are typically higher on loans of this type, they afford you the benefit of purchasing a car today, when you need it, rather than having to wait until you have the entire amount in cash. Our financing specialists are available to answer your questions and walk you through the process.

Now that we’ve wowed you by fulfilling every item on your checklist, let us wow you with our friendly service and great selection! Stop by and see for yourself!

Why Choose Used

Many people who have been in the market for a car know that there are several benefits to choosing a used car over a new one. The most notable one of these is the lower price, but this is not the only advantage. For those looking to save money both in the short term and the long term, used cars can be a great choice. A car is a valuable resource that can also be very expensive, but there are ways to make it easier on your budget.

Not only will the lower price be a relief in the moment, the money that is saved can be used for future expenses, such as fuel and repairs. This is not the only area in which a used car can soften the blow to the customer’s budget. Registration fees are often lower for pre-owned cars, and it can also be cheaper to insure them. Another advantage that used cars have over new ones is that they depreciate much slower. While a new car loses value as soon as it drives off the lot, a used car has already been through this process and its value will depreciate at a much slower rate.

Many used car dealerships use a certification program, which means you can trust the quality of what they are selling. This certification often entails an inspection, a service guarantee, and a warranty. It is important to be sure you’re getting your money’s worth, and these features make it easier than ever.

With used cars, what you see is what you get. There are no fiddly extras, no being talked into expensive features you don’t need. A used car is an affordable and reliable option for those who need a personal mode of transportation to go about their day.

Car ownership is notoriously expensive, so it only makes sense to save money wherever you can. Shoppers seeking only used not new cars have many options open to them, and would do well to take advantage of this great resource.

Rate Shopping Tips for Low Interest Car Financing

Getting low interest car financing often takes some of skill of comparison shopping; you have to get quotes from various lenders in order to determine which one will charge you the smallest percentage on your loan. Any effort that you put into getting a great deal on your car loan can literally pay off in the form of substantial savings. Of course, there is much more to getting a great total purchase price on your next car than asking a few lenders to let you know what they are willing to offer you.

Be Sure to Take a Close Look at the Terms

You may want to avoid taking at face value any interest rate quoted for car financing; loan contracts are often filled with fine print. Taking a hard look at the terms before borrowing from any auto lender can help you have an accurate impression of what to expect should you accept the offer presented – and it will provide you with the insight required to perform an intelligent rate comparison. Check if there are any fees or conditions associated with your acceptance of the loan, and be sure to understand the timeframe of interest accrual; such details can have a significant impact on the overall cost of financing – due diligence is necessary for uncovering which quote actually is the one featuring the lowest interest.

Choose a Dealer Who Will Make the Effort to Get You the Best Rates

Your dealership of choice should regard quality of customer service a top priority; this is especially important when seeking low rates on car loans, as auto sales professionals who focus on the needs of those they serve are highly motivated to help buyers find the kind of deal being sought. The right dealer can do much to help ensure you get the smallest rate of financing made available to you.

Do You Drive All Seasons or Winter Tires?

If you frequently drive on snow or ice you have probably wondered which type of tire is best for your car. Tires are very important, especially when it comes to driving in dangerous, cold weather conditions. You have two different options when it comes to purchasing tires. All-seasons tires stay on your car during the summer and winter and are supposed to perform well in all conditions. Winter tires, on the other hand, should only be used during the cold months and are specifically designed to handle low temperatures. Keep reading to decide if you should buy all seasons or winter tires.

One of the major benefits or all-seasons tires is that you do not have to change them twice a year. You can put them on your vehicle and leave them there year round. Additionally, they are designed to handle both warm and cool temperatures. They are reliable on dry and wet roads. Due to the fact that all-seasons tires are not designed to focus on one specific condition, however, they do not perform as well on cold winter roads as winter tires. If you do not do a lot of driving on ice or snow and you do not want to be burdened by changing your tires with the seasons, all-seasons tires are right for you.

Despite the reliable nature of all-seasons tires, winter tires are undoubtedly better about performing in cold weather. Winter tires are made of a special rubber compound that allows the tires to grip to the road even when it is covered in ice and snow. This makes them handle much better, especially when making sharp turns. For this reason, winter tires may be the safer option. Winter tires can be a hassle, however. The soft rubber used to make winter tires wears down easily, and therefore should not be used during the summer months.

Still wondering whether you should purchase all seasons or winter tires? Do some more research on the topic to find out which is a better fit for you. You can even contact a tire company to get their recommendation.

How to Get the Lowest Monthly Car Payment

When it comes to car loans, a low monthly payment is something that many car buyers focus on. However, it’s important to understand how to get the lowest monthly car payment without paying really high interest rates or taking out a loan for longer than you actually need. We have a few ideas for you on how you can get lower monthly payments on your car loan and save money in the process.

Keep Your Credit Rating High

Lenders look at your credit score to determine the interest rate you’ll be offered on your loan. When you keep a good credit rating, you’ll be offered a better interest rate, which translates directly into savings on your monthly payment. With a better credit score you can reduce the overall term of your loan, so you’ll have fewer monthly payments overall but still be able to keep them relatively low.

Make the Biggest Down Payment You Can Afford

The more cash you put upfront for your car purchase, the lower your monthly car payment will end up being. Before you apply for financing, take stock of how much you are able to put towards a down payment. By organizing a larger down payment you’ll be setting yourself up for lower payments for the length of your loan.

Check Options With Payment Calculators

You can use a payment calculator before you apply for financing to compare how your monthly payment changes depending on the term of your loan and at various interest rates. This research gives you a better idea of the type of payment you’re likely to face and the ways you can reduce it by shortening the length of your loan.

Getting low monthly payments on car loans can be as easy as checking your options before signing on the dotted line. With a bit of advance planning, you can save in the long run.

Explore Financing Before You Start Vehicle Shopping

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.

Keep Your Investment Running Great

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.

Let AutoMAXX Get You Driving a Car Today

Automobiles have been an integral part of our lives since Henry Ford pioneered the assembly line and the prolific expansion of the car riddled our society with movers and goers. Cars are to freedom as money is to power. Let the lenders at our dealership empower you into a new vehicle with the help of an auto loan.

Car loans are an amazing way to afford a vehicle that is slightly more costly than your current liquid cash stash provides. Loan interest rates can vary, and with good credit the loans that lenders at our dealership offer can be quite affordable. That being said, don’t let a poor credit score scare you away from coming in and looking at our selection. There is bound to be a vehicle that catches your eye and a creative financing strategy that fits your specific situation. The experts in our financing department are some of the best at finding the right loan for the right person and facilitating a smooth and stress-free lending and car purchasing experience.

One of the best things for someone’s credit score is a history of accruing debt and then paying it off. This lets future lenders know that the customer is one that is responsible with their money and will make good on the loan that they are requesting. Car loans are an awesome way of building credit and can be an integral step in achieving that gleaming credit score that you’ve always wanted.

Let the fine folks at our dealership help you into your next car and the next chapter in your life. I promise that you won’t be disappointed in our service and selection nor will you be turned away by our lenders provided the minimal criteria are met. Drive off into the sunset with the wind in your hair and the purr of an engine in your ear. An auto loan through us is almost automatic and you’re sure to leave a happy camper.

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.

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