10/6/2023 0 Comments Used car finance calculator klsSo before you even consider signing on the dotted line, talk to lenders about getting pre-approved for a car loan. Of course, pre-approval also gives you a good idea of your budget going in. And chances are good that your bank, credit union, or other trusted lending institution are going to give you a better deal than what you'll get from a dealership. But the truth is that you have more bargaining power when you show up with a pre-approved loan in your back pocket. You can absolutely finance through a dealer if you so choose, and many consumers opt to go this route when purchasing a car, be it new or old. Here are the key points to consider when you're planning to purchase a new or used car. Whether you opt for a modern model or you go for a classic beauty, there are things you need to know going into the process. So you need to take great care to select a vehicle that suits both your budget and your purposes. Automobiles don't gain value (unless you get a classic and restore it, but even then you're probably putting a lot of money into the project). This purchase entails a major expense, and although many consumers assume that a vehicle is an asset, the truth is that you're paying for a tool, plain and simple, one that transports you from point A to point B. ![]() ![]() If you've never purchased an automobile before, or even if you have, you should know that the process is anything but simple. What You Need to Know When Buying a Vehicle
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