In truth, financing a used and new car are equally as easy. It all depends on your specific situation and needs.
At Century Automotive, we have a lot of drivers around Huntsville, Florence, and Cullman ask us questions like, Is it easier to finance a used or new car? So, we decided to help you out. Keep reading below to learn more about financing a used or new car.
It's important to consider your preferred budget before you start your car search. This can help narrow down your options and help you decide on the right loan terms for you.
It's generally recommended that you put 20% or less of your monthly income toward your car expenses. This includes:
This will be different depending on whether you want to buy a used or new car.
Used cars tend to have a lower price tag, which means you may be able to have a lower monthly payment. Or, you can have a higher monthly payment and pay off your vehicle faster than you may have been able to with a new car.
New cars, on the other hand, often require a higher payment every month, but they may require fewer upkeep or maintenance costs since they're fresh from the factory and have less road in their rearview.
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Once you know your preferred budget and loan terms and you've chosen the used or new car you want to drive, it'll be time to get your loan. This is where the finance center team at your local dealership can really help you out.
At our dealership, our auto finance advisors work one-on-one with our customers to answer any questions and help them secure their loan.
When you stop by the dealership, we recommend bringing the following pieces of information:
Coming to the dealership prepared helps us help you to the best of our abilities. You can also complete our finance application online to get things rolling along before you even get to the dealership. Doing this can help us get more of the information we need on our end to help you take the wheel.
If you're getting ready to finance a used or new car, we want to help you out, whether you're at the dealership or at home. So, we offer a variety of resources here on our website that you can utilize at your leisure.
For example, we have a full page of used car financing tips right here on our site. Check out our guides to learn more about financing a used car.
We also offer a payment calculator tool that can help you figure out your budget and loan terms. If you're trading in a vehicle, you can also use our Value Your Trade tool. Simply enter your current car's information and we'll be in touch shortly with an expected trade-in-value.
As you can see, it's easy to finance a used or new car in the Huntsville, Florence, and Cullman areas. If you're ready to get started or you want to learn more, contact the finance center team at Century Automotive.
Contact us online or by phone to discuss financing a car today!
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Century Automotive Group
3800 University Dr NW
Huntsville, AL 35816-3166