When you’re looking to purchase a used car in Dallas Texas it’s best suited to pay your debt down as low as you can and save up for a down payment. Not doing one of the two can decline you the approval for a used car.
The down payment we recommend in Dallas Texas for a used car
So, we would recommend that you have $500 or more as a down payment for a car on a used car lot in Dallas Texas that will make it easier for you to get approved.
There are also what they call buy here pay here car lots in Dallas Texas that you can go to and not have a credit check, or you could have a lower down payment option on the used car but more than likely the bhph car lot in Dallas TX isn’t going to report to the bureau and need weekly car payments.
Your honestly best to have a down payment that you can save up quickly and just go to the car dealer nearest you in Dallas and see what kind of offers the car dealers will have.
Car loans kind of suck now, and the reason they suck is that the average cost of a new car is around 32K and the average car loan is around 28K.
This means that car buyers are putting around 4K down but who has that kind of money as a down payment? It’s cheaper for a used car with a lower down payment in Dallas.
Car dealers like down payments on used cars
No car dealer will try and turn you down if you have a down payment of $500 or more unless you have bad credit or no credit. $500 down is a good start and most auto lenders know that.
We have a huge network of car dealers that can help you with low to no money car payments in Dallas for a car if need be but having little savings is better than nothing.
We want to help you stay out of debt while paying for a used car so we will connect you to the best dealer that can offer you the most.