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What steps do you take to finance a used car?

Updated: 9/16/2019
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12y ago

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In most cases, the interest rate on a new car loan is lower than the interest rate on a used car loan. This is the due to the fact that most borrowers will keep the new car longer than a used one.

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12y ago
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Q: What steps do you take to finance a used car?
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Related questions

Does it take long to finance a car?

It should not take very long to finance a car, depending on the car's model, condition, etc and also the finance company you are financing the car from.


Can you finance a used car with no credit?

Definitely you can finance a used car with no or bad credit. Actually it is very easy these days. The reason is most of the used car dealers and used car finance offer it because your used car is a collateral until you pay off the loan.


What if you buy a used car and it breaks and you still owe on it?

My car is in the impound, i still owe 7,000.00 the impound put a lean. Will the finance Co. take me to collection?


What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?

If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.


Can you return a used car to the finance company in Canada?

Yes, you can return a used car to the finance company in Canada. However, you also can consider returning it to the dealer you bought it from as well.


Are cars available for finance?

You can finance new or used cars. You can lease a car or take out a loan, though a loan is better in the long run. Your dealership usually has a person who assists in getting you a loan.


How used car dealer finance their car?

They making some buy and sell stuffs.


Can you take over car payments?

Yes, with the agreement of the finance company.


Is it better to finance your car at the dealership or elsewhere?

If you want to get the best price on a new or used car, it


How does one obtain finance when buying a new car?

To obtain finance when buying a new car you can go to a bank and take out a personal loan or a car loan. Your local bank will be able to help you get financing.


What services does Yes Car Finance offer?

Yes Car Finance will help you to aquire the some of the best rates possible for your car credit financing. Something you may need if looking for a new or used car.


Where can I go for financing for a used car?

When you are looking to finance a used vehical it is best to talk to a local dealership.They usally will finance a used vehical if you have a deposit, and a monthly income.