Can You Finance Used Cars?
It is often a wise investment to choose used cars for your next vehicle. Used cars do not suffer from the sharp depreciation, or decrease in value, that new cars experience. Used car contracts are often more “what you see is what you get”, since the car has accumulated some miles.
However, used cars come with more risk than a new car. While vehicle history reports exist to tell you if a car has been in an accident, there is no way to know if a car is like-new after a repair. It is also not uncommon for vehicles to run for many years after a used car purchase.
This unpredictability can be difficult for anyone to navigate. To understand if you can finance used cars, and if it is a good idea, continue reading this article. Or you can get all of your leasing and financing questions answered at Griffin Ford Fort Atkinson, your Janesville Ford. Can You Finance Used Cars?
Yes! You can finance a used car, just like you would any of the Ford latest models. A visit to our website provides exclusive leasing, financing, and Ford service specials to help make owning a Ford used car possible for your lifestyle.
There are other financial aspects of used car ownership that may be higher because of the riskier nature of used cars. You may also pay a higher premium for insurance, especially if the vehicle has a history of accidents or has a lot of miles on it.
When it’s time to add a used car to your family, visit your trusted Ford used car dealer. We are ready to help you understand the financing process and help you feel confident in your new-to-you used car.
However, used cars come with more risk than a new car. While vehicle history reports exist to tell you if a car has been in an accident, there is no way to know if a car is like-new after a repair. It is also not uncommon for vehicles to run for many years after a used car purchase.
This unpredictability can be difficult for anyone to navigate. To understand if you can finance used cars, and if it is a good idea, continue reading this article. Or you can get all of your leasing and financing questions answered at Griffin Ford Fort Atkinson, your Janesville Ford. Can You Finance Used Cars?
Yes! You can finance a used car, just like you would any of the Ford latest models. A visit to our website provides exclusive leasing, financing, and Ford service specials to help make owning a Ford used car possible for your lifestyle.
What Interest Rate Can I Expect from Financing a Used Car?
The interest rate on financing a used car can often be higher, because of the unknown longevity of a used car. It is important to shop around for an auto loan to make sure you truly understand your budget and how much car you can afford, as well as finding the best interest rate.There are other financial aspects of used car ownership that may be higher because of the riskier nature of used cars. You may also pay a higher premium for insurance, especially if the vehicle has a history of accidents or has a lot of miles on it.
How Do I Negotiate Financing a Used Car?
As we mentioned above, it is very important to truly understand your budget and finances. Be sure to know how much car you can afford before you start negotiating a used car. There is the best car for your needs at our Ford dealership.When it’s time to add a used car to your family, visit your trusted Ford used car dealer. We are ready to help you understand the financing process and help you feel confident in your new-to-you used car.