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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Obtain pre-approval from a financial institution to set a budget and streamline the car-buying process. Consider making a larger down payment, which can further enhance your negotiating power and reduce the borrowed amount. If your credit score has improved since the initial loan, you may qualify for a lower interest rate.

Finance 100
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Hyundai Dealer Bait And Switch Sees Sonata Price Go From $13k To $21k

Carscoops

Any car (under a certain age and under 80k miles) qualifies regardless of brand. With a $2,500 down payment, I was only planning on financing $29,707. However, when I got the buyers order, the out the door number was $34,488.80, without GAP insurance. This is completely FREE OF CHARGE, aka should not be any markup.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Know how much you’ll pay each month, your interest rate, and how long you’ll be making payments. Getting pre-approved by a Credit Union for an auto loan before you go to the dealership can also be a helpful step. Getting pre-approved for a loan can also help enforce your budget.

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