Tax returns are arriving, and while you have a nut, it’s a great idea to put it towards a large purchase, like buying a car. At Finn’s Discount Auto, we have a wide range of great cars right now. Before coming in, make sure you’ve done your homework on purchasing a car so that you have a good experience and get the car that’s right for you.
Know What You Want
Are you going to drive for Uber? Then you’ll need a backseat. Do you have a large, or growing family? Then maybe a Mini-Van is your best option. Do you plan on using for hauling. Pick-Up truck is the obvious answer. Take time to evaluate your needs, now and in the future. Aim for a vehicle between those two places. You can also research car prices by checking Kelly Blue Book, Edmunds, and NADA Guides.
It you have a poor credit score- below 550, or haven’t established credit, the best way to get a new set of car keys is through a Buy Here Pay Here used car dealership. The benefits of this are that the dealer is the financier, so it’s one stop shopping. Also, if you make your payments on time, you will improve your credit score, of if you don’t have one yet, you’ll establish a solid credit score. This will help with securing loans for purchasing a home, financing a new business, or upgrading to a new car.
At Finn’s Discount Auto, we have advice for people financing through Buy Here Pay Here for the first time.
First, know what car is best suited for you and your family’s needs. How large of a car do you need? Do you drive a lot or a little? Is [...]
If you’re shopping for a car, there are many reasons to choose a used car over a new one. The first is cost. Along with actually paying more for the new car, you’re also paying more in sales tax. As well, it costs more to insure it every month, as well as register it every year. And cars don’t increase in value the way real estate often does. In fact, they depreciate, rapidly. Which means you lose 20% of the value from the moment you buy it.
According to Kelley Blue Book, the average cost of a new car in 2018 was over $30,000.00. (Along with the highest prices yet for new cars, Forbes reports that missed payments have gone up as well.) Due to depreciation, or the fact that once you drive your car off the lot, it’s no longer new, you’ve lost $6000.00 right there. You [...]