In the last few years the USA has been going on a massive shopping spree for cars and trucks racking up auto loans like you wouldn’t believe. And you know what that means most Americans have been packing on the debt.
Car Loans in America and what do they mean?
There is estimated about 107 millions people in America that have auto loan debt and some of them are in Atlanta Georgia. 43% of adults now have some kind of auto loan debt.
That’s a huge number when you think about after knowing that in 2012 80 million people in the USA had a car loan.
Something else you probably didn’t know that 6 million people in the USA are late or behind on their car payment. Most people are in jeopardy of getting their car repoed because they are so behind on the car payment.
The interest rates on car with low income
But there is a huge problem with auto loans most people that get approved for an auto loan either has never had credit or has low income and gets approved with a high interest rate around 20% and they don’t know what that means.
But the car buyer is excited because they have a car but they don’t know that if they don’t pay the month car payment they are in for a world of hurt.
Most car buyers just want to get the car with a loan because they think it easier. But they don’t shop for afford cars they shop for “cool”
You don’t want to just buy a car because it might break down. You want to research and plan for the car and most of all save, save a lot.
At Quickcarloansnow.com we can help you plan and narrow down the afford cars near you with low money down on a car in Atlanta. We connect you with the best car dealership that fits your needs.
No money down options available in Atlanta Georgia
But not in all cases are low money to no money down options available to Atlanta car buyers. So that’s why we encourage you to save and save often because not all used cars are built to last.
Even though we have good used car inventory in Atlanta Georgia we want to get you the right car not the right now car in Atlanta. The last thing we want to happen is you can’t make the payments on the car and the car dealership takes it.
We see it happen and we work to make the best car deal for you at a used car lot in Atlanta so you can continue your life.
