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They check your credit to see how good it is. The better it is, the better financing you can get.
BTW, if you finance your car through a credit union, instead of car dealer, you often get a better deal with a lower interest rate, which means less money you have to pay over the life of the loan.
The key is to find the lowest interest rate you can.
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∙ 11y ago
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How are car buyer different then car sellers?
A car buyer is actually the ones who will buy a car from a car seller.
You do not have a license can you buy a car?
You do not have to have a license to buy a car if the dealer approves. Some car dealerships prefer the buyer to have a license.
What is a car kit?
a kit car is a car which you buy parts of it and then assemble it.
How do you sell a car before its paid ff to the bank?
You can't. The lien holder is the owner. The buyer would have to qualify to take over the loan.
Do you qualify for first time home buyer if you bought from parents?
No you cannot take the credit when you buy your home from a close relative. This includes your parents.
Is it illegal to sell car with rusted frame and not tell buyer?
No it is not illegal. It is recommended that you inspect a car before you buy.
Can you change your mind after you buy a car?
In some cases yes. There should be a return clause in the agreement between buyer and seller that allows buyer to return car in said time if having troubles.
How soon can you buy a car after a car has been repossessed?
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
Does a land contract qualify a first time home buyer for the new tax credit?
Does a land contract qualify a first time home buyer for the new tax credit?
where we buy Used Car Buyer in Edmonton?
Used Car Buyer Edmonton Junk Car Buyer in Edmonton We are one of Edmonton’s most trusted junk car removal company. We buy junk/scrap cars for cash, and we pay big cash for useless, broken, accidented, fully damaged cars. There are companies who try to tow away junk cars for free and sometimes they even charge for towing.
Why would one choose to use a car broker?
If one was a first time buyer or unsure about how to buy a car then a broker can help by liaising between buyer and seller. It can make the process less stressful and time consuming.
Can a finance company repo your car in Texas and then place it on their lot and sell it without notice to the buyer if the finance company also owns the car lot?
Yep. That's the buy here/pay here way of doing business. Make loans to people who can't qualify for a bank loan and when you show them that the bank was right, the car goes back on the lot.
