What to Look for When Buying Bad Credit Used Cars in Fountain Inn?
The quick answer to what to look for while looking into bad credit cars for sale is – the usual. But due to the added factor that you are financing the used vehicle with the help of the dealership, you will need to consider a few other factors that both, directly and indirectly, relate to the used car you are buying. So, along with checking the body for rust, testing the engine for weird sounds, and feeling the cabin’s cooling system, evaluate the following parameters to ensure that you are making a smart buy with all angles verified
The expanse and experience of the dealership
Not all used car lots that finance can be trusted to give you a good deal. Almost everyone can claim to be buy here pay here dealerships who will not look at your credit score to offer auto loans but what follows after you walk through the doors matter. One, you should be eligible to pay the down payment you can afford. Two, the interest rates must be as per the market. And three, you must get a varied option to choose among the best used cars. All these are only available at a reputed dealership like Family Auto.
The vehicle’s paperwork
Many dealers also take advantage of the bad credit holder’s plight to sell them lemon cars that have a history of accident or flood-damage. Such details are revealed in the paperwork. If the dealership is not providing the details (which they are not bound to), make sure you run the VIN against a paid agency to get a detailed history. Again, this point will not matter if you pick a reputed dealer in the first step. Still, you can run the VIN and compare for extra surety.
The loan amount on offer
Keep in mind that selling buy here pay here used cars is the major source of income for these dealerships. That is, they make a little profit from selling just the used car and bring home a chunk of revenue from the financing deal. A dealer may try to push you for taking a high auto loan for almost half a decade. This will push up the interest rate and thus their profits. We, at Family Auto of Fountain Inn, instead check your credit report to understand your affordability. We never push you to buy a car beyond your budget just to earn a few extra dollars.
The type of cars available
A random lot with bad credit cars for sale may again be not right for you if you are looking to own the car for a few years and then going for resale. Only a good used car dealership with a massive inventory will house cars that are popular in the market and command a good resale value. Plus, such dealerships also deliver a standard of quality that you will seldom get anywhere else. Consider Family Auto again. We have one of the largest used car inventories in upstate South Carolina. And we offer flat a 2-years/36,000 miles warranty on all our used cars.
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