Quincy Harrington - How to Finance a Used Car

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Quincy Harrington - How to Finance a Used Car

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Quincy Harrington - Most people buy used cars in an attempt to limit the cost of a vehicle. Therefore, it is always best if you can buy a used car without financing it. However, even used cars can be very expensive, and many buyers finance them. Used car financing is available from dealerships as well as private lenders. – PowerPoint PPT presentation

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Title: Quincy Harrington - How to Finance a Used Car


1
Get a Direct Loan
How to Finance A Used Car
2
Get a Direct Loan
Get a Direct Loan
3
Get a Direct Loan
Request a copy of your credit report and credit
score before applying for financing
4
Get a Direct Loan
Contact local banks and credit unions to find
out the terms and interest rates they are
offering on used car loans
5
Get a Direct Loan
Solicit rate quotes from Several lenders before
agreeing to a loan
6
Get a Direct Loan
Ask the lender with the best rate offer for a
pre-qualification letter outlining the terms and
conditions of the loan
7
Get a Direct Loan
Provide the lender with information about the
vehicle you choose
8
Get a Dealer Loan
Get a Dealer Loan
9
Get a Dealer Loan
Apply for financing through a used car dealer
10
Get a Dealer Loan
Make sure you research competitive interest rates
based on your credit score
11
Get a Dealer Loan
Offer a down payment in cash or trade equivalent
to 10 of the vehicle's purchase price
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