There is no sugar coating getting an auto loan but we will tell you that shopping for a car loan before shopping for a car is going to make more peace in your life.
Do your used car homework Virginia
Do your homework, if your on your phone 20 hours a day read some used car reviews and see what kind of auto financing is available for your budget and credit score there is no harm in trying and plus you’ll get to see if you have to work on your credit score or saving money more or even both.
Not that either one is a bad things but its always a good idea to know where you stand with finances. Your credit score is a huge decider in all of this.
It will tell you if your good for no money down car payments because of your credit score or if you can afford more than you thought. But having the car loan before you go to a car dealership leaves you with a lot of “buying power”.
You will also want to check with credit unions and other banks as credit unions seem to be more willing to work with you on an auto loan when you have been a long lasting customer.
You can also look at buy here pay here car lots in Richmond VA as they may have down payment on used cars with no credit checks which might help you if your looking to get into a car and don’t want your credit to play a huge factor in the process.
Compare those auto loan rates for used cars in VA
We always encourage car buyers to compare used car offers don’t just go with the first offer, you want to compare all parts of the offer and make a move on that.
The average auto loan is now upwards of $26,000 a used car in Virginia might be worth a extra look depend on how good your finances are and the lovely credit score we all work hard to keep up!