Maximizing Your Budget to Buy a Car
2. MAXIMIZE YOUR DOWN PAYMENT
The larger your down payment, the lower your monthly payments and the less total interest you will have to pay on your new vehicle. If you have the cash, put it to use. If you have poor credit, increasing your down payment will also improve your chance of credit approval.
3. TRADE IN YOUR CAR
Take advantage of Wood Wheaton’s free car appraisal service to see what your current vehicle is worth. Using your vehicle’s value towards your new purchase can lower your interest rate for financing, or even reduce the taxes you will pay if you’re purchasing a vehicle outright.
4. PROVIDE ACCURATE INFORMATION
Wood Wheaton is here to help, but we can only use what you give us! The more accurate information you can provide, the more we have to work with in order to help you find the best options for financing or purchasing your vehicle.
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