When finding the right financing plan for a pre-owned vehicle, we know you have many options. Connecting with a dealership that is committed to working with you can become stressful. Furtunately, that is where we can help. At Gravity Autos Roswell, we work hard to offer buyer-friendly used car financing in Georgia. With our help, you can find the perfect pre-owned vehicle at a fantastic price. To help with you develop a financing plan, here is our best advice.
Keep Cost of Ownership in Mind
Even for experienced car buyers, finding the right vehicle takes some work. Today, buyers have so many options when shopping for a used car. For some, this can understandably feel overwhelming. Fortunately, this also means you will have plenty of tools at your disposal to help make the process manageable.
First, decide what type of vehicle you need, and then look at models within your price range. When doing so, consider recurring costs that come into play like insurance, gas, and maintenance. It is important to consider both cost of the car and cost of ownership.
Improve Your Credit Score Before Financing a Used Car
When looking into used car financing, remember that prices and payments vary. Factors like your credit score will make your situation unique when buying a used car. Before buying, do what you can to boost your credit score, which will help you get a better rate.
To get the best available financing options, try to push your credit score to 750 or higher. Even though dealerships can help people in all situations, a strong credit score is always a benefit. Make sure you are up to date on all outstanding payments before applying for vehicle financing. Afterward, find a lender you can trust who will offer fair rates.
Create a List of Makes and Models and Compare Prices
As you research used cars, take note of the makes and models that appeal to you most. During this time, create a running list of cars that suit your needs. Prioritize practicality when shopping. While some people are ready for their dream car, others may just need a daily driver. Whatever your situation, Gravity Autos can help.
After you know what models interest you, research different sources to explore local options. Also, utilize tools like Car Gurus to compare prices and get a fair deal. Finally, determine each car’s condition. For this, double-check factors like mileage reported accidents, and vehicle history.
Estimate Cost of Ownership for the Used Car
In reality, the total cost of owning a car will always exceed the sticker price. This is because cars require proper upkeep and maintenance. Remember to put aside a little extra money each month for gas, insurance, and potential servicing requirements. To keep these costs low, look at vehicles with great gas mileage and strong reputations for reliability. Additionally, remember that interest rates will make the price of financing a car increase each month.
Check the Inventory of Different Dealerships
Equally important to finding a great used car is finding the right dealership. You should always feel comfortable and build a trusting relationship with the company’s sales team. Do your research and find dealerships with strong reputations for selling great used cars at competitive prices.
When finding the right dealership, check these three factors. First, see if their inventory has multiple vehicles that match your preferences. Next, read reviews to see if other buyers were satisfied with the dealership’s service. Then, check their website and look at their financing options. For great used car financing in Georgia, come to Gravity Autos Roswell.
Get Credit Pre-Approval Online
Buying a used car online is easier than ever thanks to credit pre-approval. Often, securing financing through a dealership is the easiest way to establish a payment plan. Today, most dealerships have online tools and resources available. For example, the Online Credit Application from Gravity Autos Roswell can get you approved fast. The form takes just a few short minutes to complete. Afterward, our staff will be in contact. Don’t hesitate to start a conversation with our sales team so we can create a personalized plan just for you.
Take the Car for a Test Drive and Quality Inspection
No matter what a car looks like from the outside, a test drive is the only way to inspect it properly. During a test drive, notice the practical aspects of a vehicle. In addition to the drive’s feel, also note things like the air conditioning, stereo, and engine lights. You will want to notice any issues with these factors before buying a car.
Also, consider bringing the vehicle in for an inspection before purchasing. Have somebody you trust inspect the vehicle for any potential mechanical issues. Luckily, at Gravity Autos Atlanta, we hand select our inventory for quality. That way, we can assure our customers that every vehicle on our lot meets the highest standards for quality, performance, and reliability.
Secure Your Personalized Financing Plan
Once you have decided that you want to buy the car, it is time to finalize your financing plan. Begin with valuing a trade-in if you have one. Following that, decide on a down payment amount. Without a trade-in, it is recommended to offer a down payment of at least 15-20%, depending on your situation. Lastly, you should set a length for your loan payments. These are typically either 36, 48, or 60 months. The longer the loan, the lower the monthly payment but higher the interest.
Used Car Financing in Georgia
Come to Gravity Autos Roswell for a trusted used car dealership that makes financing easy. We work with people in different situations and help them create an individualized plan. Here, we consider many factors during the financing approval process. Our experienced staff will help you get behind the wheel of a pre-owned vehicle you will love.
About Gravity Autos Roswell
Search our inventory to find outstanding luxury SUVs, sports cars, pickup trucks and more. At Gravity Autos Roswell, buying a used car is simple. Our sales staff can help you develop a payment plan that fits your lifestyle Our inventory features a variety of popular models from top automakers. Visit a dealership that can offer competitive used car financing in Georgia. Contact Gravity Autos Roswell today for inquiries and additional information.