Tag Archives: buying

Improve Your Credit By Purchasing a Car

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Looking to get a vehicle for yourself but are also suffering from having bad credit at the same time?  What you might not know is that having credit issues and purchasing that very car can actually go a long way in helping you improve your score.

Auto Credit Express breaks down the how this can help.  Lenders are looking to get people through the dealership doors even if they have low FICO scores.  Just because your credit is bad now doesn’t mean that it was in the past.  If they can see that changes in your score occurred due to major life events, such as losing your job or experiencing a medical problem, then the odds are more in your favor of getting a good loan.

Before you do head into the dealership, however, there are things to keep in mind.  First, that loan you’re getting after a dip in the FICO score will be at a higher rate than many consumers are used to.  You’ll also want to make sure to make each payment on time, as well as other bills you have, so that you can qualify for a better rate the next time around.  If you miss a payment on time, then it will take your credit score even lower down.

The point of purchasing a car in this case is to improve your credit while getting the vehicle you need.  The best tips to do this are to make sure that you look for an inexpensive car, small or midsized.  See if you can choose a loan term of 48 months or less.  Make sure you check on the history of the vehicle.  By following these steps, you place your self in a position to save money by trading out in 18 to 30 months for a better deal.  Also, knowing that history makes sure you avoid thousands of dollars in repair bills.

Come on in to Bayside Chrysler Jeep Dodge and start the process of improving your credit while driving away in that car you need.  We love to say yes at the dealership.  Be sure to like our Facebook page and follow us on Twitter for more tips and deals.

Used Car Buying Tips

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Purchasing a used car always feels very daunting. Most car-buyers have limited experience in heading into a dealership as people are starting to hold onto their automobiles for longer periods of time now. Another reason is because of the price tag attached, making people see buying a car in a much different light. If you’re going to be spending that much time, or making the commitment to an auto-loan, then you want to make sure you get it right the first time around. You even have to research the history of the car before buying used. If you’re someone who is thinking about finally purchasing that used car, here are some valuable tips from the Proctor Journal to keep in mind as you start the process.

You need to know what you want. It doesn’t matter that you’re buying pre-owned, you still want to have an idea of what style of car you’re looking for. Are you wanting a sports car to show off, or are you in need of a larger SUV for traveling with the family? Make sure to determine what style of vehicle matches your need based on life-style. Once you know that, start look at the makes and models and see which one you like the most.

Next, determine your budget. You going to need to know your financing limit. If you’re not going to pay the full price for the vehicle, look into getting an auto loan. Make sure before you do that, though, that you know how you’re going to be paying it back. That means knowing what you can afford as far as monthly payments are involved. Speak to the dealership you’re planning on purchasing from about the different options that they have for financing.

After that, plan on taking test drives. It’s a good way to determine if this car has what you’re looking for. You can research and evaluate a car all you want online, but it’s a much different experience once you get behind the wheel. It’ll help give it a feel and may even lead to you discovering an issue that you might not have thought to look for.

There’s plenty of things that you can do, as a car-buyer, before you head in for purchasing. These are simply a foundation to build off of. Go through and make a check-list to make sure that you have the proper preparedness so that you’re not caught off guard. It may seem like a giant commitment to make, especially financially, but with the right amount of leg-work, you’ll find that it’s not so overwhelming.

Bayside Chrysler Jeep Dodge is the dealership that will help you find the car you need. Give us a try and we’ll make sure to help make the process as easy and as unstressful as possible. You can even start the research by viewing our pre-owned inventory online. Like us on Facebook and follow us on Twitter for more tips on buying a car.