Quick Guide to Getting Financing

When you are negotiating an auto deal, it can seem like you are spending an eternity at the dealership haggling over price, negotiating conditions, and going over tedious legal documents. By being prepared, you can make things easier on yourself. From the test drive to the used car loans

Proof of Identity

Make sure you bring your identification with you. Most dealerships won’t let you even test drive a car without a valid driver’s license, and when it comes time to set up title transfer and loan documents, it is essential that your name and personal information is accurate.

Credit History

The types of loans you qualify for depend on your credit. Know what your credit score is and what is on your credit history. Expedite the loan process by pointing the finance department in the direction you need them go.

Proof of Income

A lender needs to see that you can make payments. Expect the dealership to insist on seeing verification of your income at some point. Having your paystubs or account statements with you.

Proof of Residence

This is important for two reasons. Registration documents need to be prepared accurately, and lenders will want to know where you are going to be storing the car. Proof of residence requires more than just the address on your driver’s license. It is often necessary to show a utility bill with your name and current address. You may also be asked to provide a list of personal contacts and references.

Trade Documents

If you have an older vehicle that you are trading in, bring the registration and title documents. Be ready to release ownership of it right away.

Proof of Insurance

In order to drive away from the dealer’s lot, you will need to have insurance. Bring your current proof of insurance. If this is your first car, or you are purchasing insurance for the first time, be prepared with the contact information of your insurance broker.

Down Payment

Be ready to make your first payment. Most dealers will accept a variety of payment options, but most prefer certified checks or credit cards. Personal checks may also be accepted. For the high sums of money in question, cash is not always a good idea.

Save yourself some time at the dealer. Be prepared, and bring all of the things you need with you to expedite your used car buying experience.

Things to Ask When Buying Used Cars

We are in the business of helping people get into great used cars. For years, we have been working with consumers to determine which vehicle will best suit their needs and which price will best work with their budget. Before stepping foot on our lot, it is a good idea to put together some questions to make sure you have found the right vehicle.

First, you should always ask the salesperson for information about the vehicle. That includes an inspection report and the vehicle’s history report. These items will give you an idea of what kind of shape the car is in and what you can expect should you decide to purchase the vehicle. If you prefer, you may hire a mechanic to perform an inspection for you.

Many people ask us about the gas mileage on a vehicle. Fuel consumption is top-of-mind for many drivers, especially as gas prices rise. You can always research the vehicle on your own to determine what kind of mileage it gets, or our staff will be happy to provide you with that information. Keep in mind that to get the best mileage possible, it is important to have your car regularly serviced, keep your tires in good shape and practice good driving behavior.

Lastly, you should always ask us about your payment options. While some people choose to purchase a vehicle outright, there are financing options available for those who prefer it. We can help make sure you get into a vehicle at an affordable monthly payment. You can keep those numbers low by trading in a vehicle, making a down payment or being flexible with loan terms.

When you are in the market for a used car, it is important to work with a dealer you can trust. You can have peace of mind throughout the process by knowing which questions to ask. Make sure to get the vehicle’s history and inspection reports, and get familiar with the gas mileage. You should always ask about your financing options, as our team would be happy to help you

Make Smart Decisions About Car Loans

There’s a good chance that when you come in to our dealership to buy a car that you’ll be financing the purchase through a loan. When it comes down to it, the majority of car buyers end up working out a loan because, let’s face it, cars these days cost a lot more than most people have saved up. Just because you need a loan, though, there’s no reason to settle for any financing terms. Maybe sure that you recognize how to work out terms that you are happy to live with.

One important step is to remember how financing can affect your monthly payments and the amount that you end up paying in the end. The terms of your loan can end up saving you money or costing much more than the actual price of the vehicle. You might be open to negotiating the price of the car; if so, be prepared to look closely at interest rates and the terms of your financing.

It is also a really good idea to never look at your new vehicle as an investment. They aren’t. As soon as you drive that beautiful new car or truck away from the dealership, the value of your shiny new automobile starts dropping. The trick is to resist the urge to buy more than you can really afford. Really look over your finances before you go shopping for car loans and WAY before you go shopping for cars. Establish your car budget upfront, so that you can rein in your impulses when it comes to choosing a vehicle.

Finally, as you start looking at the prices of cars and working out the monthly payments, remember that there will also be insurance payments and maintenance costs. You’ll be paying for gasoline and oil changes. Even if you can afford to finance a nicer car, you may still be want to hold back a bit, so that you have plenty of room in the budget for all of the extra costs that come with owning a car.

How Dealerships Get You Into a Used Car More Quickly

One thing that anyone who’s ever shopped for a used car before can tell you is that it’s oftentimes a time-consuming process. This is especially true if you’re looking to make your purchase from a private seller, as you’ll need to hire a trusted mechanic to check out the specs, run a background report on the car and other, similar precautionary measures before making your purchase. At our dealership, we handle the work so you can enjoy your ride and get about your busy schedule sooner without having to worry about all of the details.

Paperwork

Title transfers, ownership documentation and registration for your new used car require a great deal of paperwork in most cases. Fortunately, instead of filling this out yourself, when you shop with use you can let us handle the details. We handle all of this information in alignment with legal stipulations so you can rest assured your information is in good, professional hands throughout the processes.

Financing

Meeting with a bank representative in order to secure a loan for a used car can take of a huge deal of time for anyone. We eliminate this time-consuming necessity by managing the entire car loan process. We even offer bad credit car loans for those who need them, to ensure that each and every customer who wishes to make a purchase on our lot can leave with their ideal used car without having to worry about their credit report.

There are several other ways in which we seek to save you time, money and other valuable resources. If you’re seeking a quality car right away with minimal hassle or wasted time, shopping with our dealership may be the perfect option for you. Speaking to a representative can help you discover your options regarding financing and loans, and get you in your perfect car right away.

5 Steps for Getting an Auto Loan

If you are like most new or used car buyers, you need to finance some or all of the price of your vehicle. For those with excellent credit, financing options probably seem endless. Fortunately, if you have imperfect on nonexistent credit, bad credit car loans offer a way to secure auto financing. Here are five steps for getting an auto loan.

1 Check Your Credit

Before you begin to shop for a new or used car, you want to understand what your financing options are. The first step in the process is to check your credit score.

2 Choose Your Payment

When you buy your new vehicle, you want to be sure you don’t overextend yourself. As such, make a complete auto budget, including loan payment, gas, parking, insurance, maintenance, and other car-related expenses. If you can pay for each of these expenses and still cover your other monthly bills, you might be confident you can afford the car you want.

3 Seek Pre-Approval

Whether you apply at a bank, credit union, financing company, or dealership, you probably have several financing options for your car. By seeking pre-approval for an auto loan, you will know how much car you can afford.

4 Find the Right Car

Knowing what car is right for you is trickier than it might seem. Think about your lifestyle and driving habits before setting foot on the lot. If you don’t plan to keep your vehicle forever, consider resale value. Finally, plan to look at several vehicles before you settle on the final one.

5 Sign the Paperwork

When you secure an auto loan, you must sign several pieces of paper. Make sure you understand the loan terms and repayment schedule. The best time to negotiate them or ask question is before you sign the paperwork. Whether you have excellent credit or need to apply for bad credit car loans, you will be in a better position if you understand the loan process.

Explore Financing Before You Start Vehicle Shopping

Once you determine which dealership to get your next vehicle at, talk to them about their financing options before you start to browse the vehicles on the lot. This is especially important if you have bad credit because it allows them to look specifically for bad credit car loans that they may offer in house.

Know What You Qualify For

If your credit is not great, the dealership financing options could be more limited compared to a shopper with an excellent score. When you talk to the finance department first, they can run your information and crunch the numbers. This gives you a better look at the total loan amount you may be able to get. Once you know this, you can stick to looking at vehicles at this price or lower on the lot.

Clean Up Your Credit or Get a Cosigner

If your credit situation means that your financing options are a bit dim, you will know in advance if you should work on your credit before buying. It also lets you know if a cosigner could help you to get better terms and a larger loan amount.

Speed Up the Process

When you pick out a vehicle first, if you do not qualify for a loan large enough to cover it, you have to go back to square one. However, when you get your financing options first, you can work within the financing parameters that you qualify for, eliminating the possibility of not qualifying for the vehicle that you choose. So, you simply pick out one that works, finish the paperwork and drive off the lot.

When you get the financial stuff out of the way first, it makes shopping for a vehicle a bit less stressful. You will know what you are working with and if there are any limitations with factors, such as the loan size, as you are exploring the available vehicles.

What Kind of Cars Can You Get with Bad Credit Auto Loans?

Most people can relate to seeing a beautiful car for sale, looking at the price, then walking away in resignation at never being able to afford it. Not every single car in existence needs to be beyond your personal budget. In fact, car loans exist to help you afford the vehicles that you feel like might be out of your reach. As long as you can comfortably make the loan payments, there are a lot of options available to you, even if you have bad credit. What kinds of cars can you get with bad credit auto loans? It’s possible that you will be limited to used cars, but this alone provides so many possibilities.

Used cars have come a long way in the past decade or so. There are a lot of features that are available in used cars these days that people might have only dreamed about having in the past, such as GPS and rear cameras. When you purchase a pre-owned vehicle, you might be able to get your hands on great car options that would otherwise be financially out of the question.

Since a used car is simply defined as one that has been owned before, you can actually find cars that are relatively new. Of course, newer used cars are still going to be more expensive, but you may still be able to afford one with the right loan at the right interest rate. Pretty much any vehicle may be available to you so long as it is used and falls within a certain price range. That can be the nice thing about qualifying for a loan—it gives you a sort of budget.

If all you qualify for are bad credit auto loans, your auto options might not be quite as limited as you think. You might need to browse through the used cars at the dealership, but that still leaves all kinds of vehicles for you to consider. Keep in mind the amount of your loan to help you locate the used cars that are truly within your budget. It could surprise you what you are able to drive away with at the end of the day.

Let BC Auto Centre Get You Driving a Car Today

Automobiles have been an integral part of our lives since Henry Ford pioneered the assembly line and the prolific expansion of the car riddled our society with movers and goers. Cars are to freedom as money is to power. Let the lenders at our dealership empower you into a new vehicle with the help of an auto loan.

Car loans are an amazing way to afford a vehicle that is slightly more costly than your current liquid cash stash provides. Loan interest rates can vary, and with good credit the loans that lenders at our dealership offer can be quite affordable. That being said, don’t let a poor credit score scare you away from coming in and looking at our selection. There is bound to be a vehicle that catches your eye and a creative financing strategy that fits your specific situation. The experts in our financing department are some of the best at finding the right loan for the right person and facilitating a smooth and stress-free lending and car purchasing experience.

One of the best things for someone’s credit score is a history of accruing debt and then paying it off. This lets future lenders know that the customer is one that is responsible with their money and will make good on the loan that they are requesting. Car loans are an awesome way of building credit and can be an integral step in achieving that gleaming credit score that you’ve always wanted.

Let the fine folks at our dealership help you into your next car and the next chapter in your life. I promise that you won’t be disappointed in our service and selection nor will you be turned away by our lenders provided the minimal criteria are met. Drive off into the sunset with the wind in your hair and the purr of an engine in your ear. An auto loan through us is almost automatic and you’re sure to leave a happy camper.

Poor Credit Car Loans Create Opportunities to Save Time and Money

If you are like most people, you have a lot of traveling to do just to go about your daily life. Maybe you commute to work or school. Perhaps you shuffle children from one lesson or practice to the other. Maybe you just run your very own errands all day long, and you know that getting from one to the other is hard enough without having to take the bus or hoof it everywhere you go. With transportation a constant issue, perhaps you are even in the market for a used car but are worried that even poor credit car loans will be too hard for you to secure.

Does any of this sound familiar to you? As car sales specialists, we have seen just about every credit problem you can imagine. There is not a single credit scenario that we have not witnessed or cannot imagine. In fact, we know better than just about anyone that people of all types, shapes, and backgrounds are likely to have a poor credit rating that makes it nearly impossible for them to acquire reasonable financing through a bank or credit union. With a credit rating that keeps traditional lenders from even giving them a chance, many people try to make due without the vehicle that would simplify their lives.

When one considers the high opportunity cost of walking or waiting for a bus when he could be driving himself and factors that alongside the missed opportunities not having wheels of his own lead to, the affordability of creative financing makes more sense.

With our customers’ best interests at heart, we have our own means for seeing that you can afford to drive off the lot for convenience, mobility, and peace of mind. What’s more, nothing could make us happier than knowing that we have helped another worthy client find the right car at the right price. With easy term financing customized to fit your budget and your needs, we can and will help you to find the right car for to fit your busy lifestyle.

Tips for Selecting that One Perfect Vehicle

The world of car shopping can involve quite the range of emotions including excitement, stress, confusion, and anticipation. The contributing characteristics that will play into choosing the perfect vehicle for a person will obviously vary from individual to individual. As you prepare to begin shopping for this exciting and necessary investment, remember to take the time to consider these basic tips before looking at our wide selection of quality used cars.

Budget

While a vehicle is one of the more necessary requirements in the lives of many people, it can also be one of the most expensive. Perhaps you are overwhelmed by the rumors you have heard of people having a difficult time coordinating financial needs with payment plans, interest rates, and the whole process of trying to get approved. Fortunately, we have gone to great lengths to facilitate this process to make it a bit easier and less intimidating. Once you have determined how much money you have available, it is time to come look through our inventory to determine which cars will meet your needs.

Preference

A person’s own preferences are one of the largest indicating factors of choosing one vehicle out of many used cars. Things such as color, amenities, accents, and operational components may all play into your personal preference when looking for a vehicle. You may find it helpful to compile a list of these things beforehand so you have a visual of the kind of product you want when you begin to shop.

Usage

Maybe you are a bachelor looking for a sporty car to go along with your new job. Perhaps you are a working mother who needs that perfect vehicle to transport children between various activities. Looking into the reason you need to buy a vehicle may help you to make a smarter selection, as well as choose a car that will offer efficiency and convenience.

When you work with any one of our reliable salesmen, you can receive detailed information regarding the vehicles we have for sale. Before you begin looking through our great selection of used cars today, be sure to think about your budget, personal preferences, and reason behind buying a new vehicle