If your credit isn’t the best, you may think that it’s impossible for you to finance a car. But, there’s good news. There are some options for you and finding the right lender could be easier than you think.
Before you decide to finance a car, you should take a look at your credit score. If it’s low take steps now to improve it if you can. Things like paying your bills on time and reducing your debt can help.
Next, you should figure out how much you can afford to spend. This includes the down payment, car insurance, monthly car payment, gas, and maintenance. Also, you may be able to get a better loan with a larger down payment.
Lastly, getting preapproved will give you a better idea of how much you’ll be able to spend on a car. You may also be able to use your approval to negotiate a better purchase price. Come to Bill Alexander Ford Lincoln in Yuma, AZ and check out our inventory today!