Upload
quincyharrington
View
316
Download
3
Embed Size (px)
Citation preview
How to Finance A Used Car
Get a Direct Loan
Get a Direct LoanGet a Direct Loan
Request a copy of your credit report and credit score before applying for financing
Get a Direct Loan
Contact local banks and credit unions to find out the terms and interest rates they are offering on used car loans
Get a Direct Loan
Solicit rate quotes from Several lenders before agreeing to a loan
Get a Direct Loan
Ask the lender with the best rate
offer for a pre-qualification letter outlining the terms and conditions of the loan
Get a Direct Loan
Provide the lender with information about the vehicle you choose
Get a Direct Loan
Get a Dealer LoanGet a Dealer Loan
Apply for financing through a used car dealer
Get a Dealer Loan
Make sure you research competitive interest rates based on your credit score
Get a Dealer Loan
Offer a down payment in cash or trade equivalent to 10% of the vehicle's purchase price
Get a Dealer Loan