New or Used Auto Values
When applying for an auto loan for a new or used car you the consumer want to consider the value of your automobile of choice. Many people buy automobiles by impulse shopping never considering the value and what you the consumer can afford.
First you should determine how much you can afford on a monthly basis for your auto loan. By using our online auto loan calculator you can determine the monthly costs with interest rates and tax included. This gives you the opportunity to think about getting an auto loan you can afford. The Auto Credit network of dealers nationwide can help you with the auto loan process in your area.
BUYING NEW AUTOMOBILE VS A USED AUTOMOBILE
When buying a new automobile today there are many advantages for a person with good credit. Some auto manufacturers offer low and even zero percent financing on new automobiles depending on types and models. This may determine lower monthly payments than a person would pay for a used automobile. Always determine first what you can afford for auto payments to avoid jumping into an impulse buy.
When shopping for a used car consider a CPO or most commonly known as a certified pre-owned automobile. Most certified pre-owned automobiles are found in the luxury category from lease trade-ins that have populated the market in the last five years. This is a great low priced alternative that can be purchased for a much better value with a warranty. The Kelley Blue Book resource is an easy way to find out the book value of any CPO today.
If you would like more information from auto loan dealers in your area please fill out our two minute auto loan application and a dealer in your area will get back to you within two days.
Please visit our auto loan home page for more information.