Consider These Pre-Owned Car Financing Tips

three people at dealership counter signing documents
Ready to purchase and finance a pre-owned vehicle in Greenville? If you’ve entered the market for you next vehicle, going with a reliable pre-owned option is a great way to save on the vehicle you need. That’s because pre-owned vehicles generally offer their high quality for lower prices than brand-new models fresh from the assembly line, and they can also come with lower insurance rates than their newer counterparts. When you need to secure an auto loan for the pre-owned model you want, keep these tips in mind for an easy financing experience.

Understand Your Credit Score

Whenever you prepare to take out a loan, it pays to know what condition your credit is in first. Lenders use your credit score to help determine the kind of loan you can qualify for, and when you know your current score, you can better understand the financing that will be available to you when it’s time to apply for an auto loan. If you have any questions about your current credit score or the sort of auto loan you could qualify for, feel free to contact us to talk with our financing experts.

Research Your Options

Once you have a good idea of the kind of car you can comfortably afford to buy, you can set a clear budget for your search. You’re sure to find just what you need in our diverse pre-owned vehicle inventory, and our team will work with your price range as well as your needs and preferences to help you track down the model that delivers everything you’re looking for. At Barbour Hendrick Honda, we’ll work with your wish list to find a model with the capabilities and features that check all your boxes, and you’re sure to find a dependable, comfortable model for a low price that works for you.

Make a Trade-In

Don’t forget that the value of a vehicle you own now could be used to make the vehicle you want even more affordable. If you have a car that you’re ready to replace, you can bring it to our lot for a quick and easy trade-in, and its value could be used to lower the costs of the next pre-owned vehicle you want to buy. When you trade-in your old car, you can use its value to enjoy a lower down payment, or even lower the monthly payments of your auto loan. Try out our convenient 10 Second Trade Value tool to see what your vehicle can do for you.

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Barbour Hendrick Honda

If you’re ready to bring home your next car and you want to make your financing experience as easy as can be, come see us at Barbour Hendrick Honda. Our team is ready to work for you at 3300 South Memorial Drive, Greenville, North Carolina 27834. You can also take the first step toward buying your next car online by applying for financing with our secure form.

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