Do you have challenged credit? Don’t know where to go to buy a car? Bad credit car dealers like the U.S. Auto Sales dealership in Charlotte, NC help those with little or poor credit get behind the wheel of their next ride. By checking an applicant’s credit, employment history, and residence, lenders can tailor their loans to each individual.
There’s a lot of information to review before signing for your car loan. To help you understand what kind of offers you will receive, you’ll want to ask each of the following questions:
So, what can you do to get a good deal at a bad credit car dealer like the U.S. Auto Sales dealership in Charlotte, NC? You may be surprised to know that you may be able to influence how favorable your loan offer is by doing the following:
Before applying for a car loan, you should check your credit. Sometimes shoppers assume their credit is worse than it actually is and opt for a bad credit loan when they could qualify for better loan terms. If you notice anything odd in your credit report, you can report the discrepancies to the credit bureau and request they be removed.
Most bad credit car dealers will require a down payment. You can use this to your advantage in negotiating for a more favorable rate by saving for a large down payment. By providing a down payment that is larger than what the dealer requires, you’ll not only save yourself money in interest but also improve your chances of persuading the lender to give you a better deal. It’s recommended that you save for a down payment that is 20% or more of the vehicle’s price.
Bad credit car dealerships like the U.S. Auto Sales in Charlotte, NC offer unique financing advantages to their customers. On top of being available to those with bad credit or no credit history, bad credit car dealers make the process smooth and easy as they, or their affiliated finance company, finance with the customer directly. Additionally, many bad credit car dealerships offer benefits like extended warranties, complimentary service, flexible payment methods, and more.
To learn about each of the unique benefits of financing with U.S. Auto's affiliated finance company, contact our friendly and knowledgeable staff. We make it easy for customers to get competitive rates and high-quality cars regardless of their credit background.