Valuable Tips for Used Car Buying and Affordable Financing in Lynnwood

July 24, 2017

auto financing in Lynnwood,

The process of buying a used car can be both exciting and a little daunting. Since it is not a task we do regularly, the procedure changes from time to time and can lead to some anxiety. In order to ensure that you get the best quality pre-owned vehicle and affordable auto financing in Lynnwood, advance planning can be highly beneficial.

When shopping for a used auto, follow these valuable tips:

  • Check out your credit report ahead of time. It is common to find errors, and unfortunately, can lower your credit score. Correct any mistakes as soon as possible to raise your score.
  • Have your updated credit report in hand when visiting the dealer.
  • Outline your spending budget and be sure to include not only the monthly payment, but also insurance, maintenance and taxes and/or fees.
  • If you will be trading in your current ride, research its value with KBB or Edmonds in advance.
  • Decide on the importance of specific features in different makes and models. There are, at any given time, thousands of affordable cars for sale in your local vicinity.
  • Do not be tempted to simply pay the minimum down payment. You can save a lot of money over the loan term by paying more at the outset.
  • Dealers expect you to try to negotiate with them. If you are not comfortable in doing this, bring along a friend who can carry out this task for you.

Do not be rushed into a deal. Take your time and be certain of your decision. For an excellent selection of pre-owned vehicles and numerous options for auto financing in Lynnwood, stop by Fresh Start Approval or give us a call at (888)348-3290.