How to Finance a Used Car Written by digiadmin on April 2, 2021. Posted in Auto Loan, Blog, No Credit, Pre-Owned Cars Share on Facebook Share Share on TwitterTweet Share on LinkedIn Share Send email Mail Print Print Customers who are in the market for a great used car may be all set to sign on the dotted line, but financing a used car may be holding you back. If you are hesitant about buying a used car, here are some ideas on financing. That way, you can be comfortable with your car and thrilled with your purchase. Buying a Used Car If you are looking to buy a used car, and get the best financing possible, you need to have a plan. Your first step needs to be shopping. Look at all of the websites in your area, and narrow down your car choices. Whether you are looking for an SUB, a subcompact car, or a large truck, you need to have more than one choice for your car. That way, you’ll be ready to bargain for your prospective car choice. You also need to make a plan for how much car you can afford. There are lots of tools you can use to determine a car payment you can afford. You can figure out how much you will get for your trade in if you have one, how much you can afford to put in as a down payment, and how much your monthly payment should be. This will give you more bargaining power with the dealership when you have narrowed down your car choice. Think about putting down as much money for a down payment as you can. Also, you will want to shop around for the best interest rate and terms you can get. The better your credit score, the cheaper your car payment will be. If you are all ready to finance your next used car, we can help. Come by and see us at 5511 Northern Boulevard, Woodside, New York, 11377. You can also give us a call at 718.255.1353. Contact Us Name* Email* Phone* Subject* Message Please leave this field empty.