If It Looks To Good To Be True It Probably Is

When you read that headline, I bet you were more than just skeptical. In fact you already knew it couldn't possibly be true. So how could someone possibly be selling brand new Tesla's for just a dollar? The answer is they aren't but that's not the point. The headline got your attention.

 While our exercise in skepticism was easy to spot, unfortunately that's not always the case. Online scammers have for years tried to take advantage of people, but with the surge in used car values, they are working overtime. With so many people out of work and struggling to make ends meet, scammers know that now is the time to strike.

 One of their tried and true methods they like to use is posting to online classified sites. They post incredible sounding deals on cars with the hope some unsuspecting victim will take the bait. They even go to legitimate used car dealers website's to steal the cars' information and images. All of this is to try and lure you in so they can get your money. So how can you spot these scams?

Here are a few things to look out for:

1. The price is too good to be true - This should be obvious but unfortunately it's not always.

2. They refuse to meet in person - A common tactic of scammers is to insist on communicating only through email or text. They will give all kinds of excuses as to why they can't meet in person but the truth is they don't want to get caught.

3. They ask for payment upfront - This is a huge red flag. No legitimate seller is going to ask for payment before you even see the product.

Are You Ready To Buy A Car?

We are a reputable dealership with years of experience. Our team of experts will help you find the perfect car for your needs as well as your budget. Contact us today and let us help you find the car of your dreams.

7 Steps to Buying Your First Car

1. Figure out what you can afford

2. Shop around for the best deal

3. Test drive different cars

4. Get a car history report and mechanical inspection

5. Finalize the purchase and register the car

6. Insure your car

7. Enjoy your new ride!

Stick To Your Budget

First time car buyers often make the mistake of rushing into a purchase without doing their research first. This can lead to overpaying for a car that doesn’t fit their needs or budget.

By setting a budget first, you can avoid this common pitfall. Figure out how much you can comfortably afford to spend on a car payment each month. Then, research the Fair Market Range prices for the type of car you’re interested in. This will give you a good starting point

Start Your Research

With an established budget in hand, it’s time to start shopping around for the best deal. There are so many sites online to do research where you can check out safety ratings, available options, interior features and more.

Test Drive Several Cars

After you’ve narrowed down your choices, it’s time to take them for a spin. This will help you get a feel for how the car drives and handles. It’s also a good time to see if there are any additional features that you may want or need.

Get A Car History Report And Mechanical Inspection

Once you’ve found the perfect car, it’s time to do a little digging into its history. A car history report will tell you if the car has been in any accidents or had any major repair work done.

Finalize The Purchase and Register The Car

After you’ve negotiated the price of the car, it’s time to finalize the purchase. This usually involves signing a sales contract and putting down a deposit. The great news is that the dealership will typically handle all the paperwork involved in registering the car.

Insure Your Car

Now that you’re the proud owner of a new car, it’s time to get it insured. The type and amount of coverage you need will vary depending on your state’s laws and your personal driving habits.

Enjoy your new ride!

Buying your first car is a big decision, but we’re here to help make it as easy as possible. We want you to be happy with your purchase and our team will be with you every step of the way.

Contact us today to get started.

Used Car Loans - A Credit Tool You May Not Have Known About

Sometimes through no fault of your own, you may have bad credit. The economy, a job loss, medical bills, or other factors could have contributed to your current financial situation. But just because you have bad credit now doesn't mean that it will always be this way.

You can take steps to improve your credit score almost immediately by making all your household bills and payments on time and in full. Another option to help improve your credit score is to get a used car loan. A used car loan can help rebuild your credit in several ways.

First, when you make timely monthly payments on your loan, it will reflect positively on your credit report. This will help to gradually improve your credit score over time.

In addition, the act of getting a loan and making payments on time can show creditors that you are responsible and capable of handling debt. This can make it easier for you to get approved for other types of loans in the future, such as a mortgage.

Of course, not all used car loans are the same. To maximize the positive impact on your credit score, you'll want to get a loan with reasonable terms. This means getting a loan with a manageable monthly payment that you can comfortably make without straining your budget.

You may also want to consider a cosigner for your loan. A cosigner is someone who agrees to be responsible for the loan payments if you default on the loan. Having a cosigner can help you get approved for a loan with more favorable terms, which can in turn have a positive impact on your credit score.

Although a used car loan can be a great way to rebuild your credit, it's important to remember that there is no quick fix when it comes to credit scores. It takes time and effort to improve your credit score, but the rewards can be well worth it in the end.

Used car loans can help rebuild your credit, but there are also some risks to consider. Your interest rate will likely be higher than someone with good credit. This is because you're considered a higher risk borrower.

You may have to put down a larger down payment than someone with good credit. This is because the lender wants to minimize their risk in case you default on the loan.

If you default on the loan, the lender can repossess the car. This will damage your credit even further. You should only take out a used car loan if you're confident you can make the payments on time. Otherwise, you could end up doing more harm than good to your credit score

Are you in the market for a car and am not sure what the next step is? Contact us either by phone or fill out a vehicle inquiry on the car you are interested in, we would be more than happy to help get you anyway we can.