One of the best ways to buy a car is to see what your budget is and see what your can get for a used car under $10K. You might think that $10K is a lot for a used car and it might be, so you can go lower but it’s a starting point.
You can even see what buy here pay here car dealerships have in Atlanta Georgia. The secret to buying a used car is look at a car less than what you can afford and put down a down payment on the car.
Know the auto loan term for a used car in Atlanta
No, you don’t want to have a 73-month car loan you might want a three-year car loan but nothing over 5 years the car isn’t going to be worth it for you.
With a used car and a three-year car loan you might not have the option of no money down on the car in Atlanta and that’s okay. Just worry about paying off the vehicle.
See that’s where car dealers can get you is when you sign up for a longer-term car loan the interest isn’t in your favor anymore and the longer you draw it out the more interest your paying on a car that’s not worth much in the end.
That’s why used cars that are cheap and when I say cheap cars $10K or less in Atlanta you will just need to negotiate you never know the car dealer might need to move the car off the lot and take the used car for $8K depending on the credit score you have and what kind of auto loan he can get you approved for.
Yes, it sounds good for a $8K over seven years but the interest might be 12% or more if you have less than a 700-credit score.
That’s something that the car dealerships don’t mention, and they won’t because they want you to buy the used car at the auto loan rate the car dealership can get.
But being smart you will want to compare loan rates and never tell the car dealer how much you can put down off the bat. You want the car dealer to name the price first. You can avoid a lot of smoke blowing.
Knowing the auto loan rates in Atlanta with your credit will help seal the deal to make sure your comfortable with what you’re paying for.
Bottom line don’t make auto financing hard in Atlanta Georgia
Financing a used car can be hard for most people but we can help you with simplifying the process get connected with an Atlanta car dealership and compare rates.