If you or someone you know is looking to invest in a new vehicle, we may be able to help. Additionally, we are ready to assist those who have a low credit score with getting the car they need. Our dedicated team of professionals is prepared to help you through the entire car-buying process.
At Apollo Preowned Auto, we understand how important getting a car can be. That is why we will work diligently to make your plans a reality. To learn more about all the services we provide and how we can help you get the car you need, call our offices today at (404) 793-6178.
We live in an economic reality that has put millions of hardworking Americans in a state of financial stress. For this and other reasons, some people may hesitate to invest in a vehicle they know they need but think they cannot get because of a bad credit score.
An individual’s credit history plays a significant role in many aspects of his or her life. Your credit score can make or break your chances of making substantial investments. However, today more than ever, lenders have come to understand that many people are struggling to get a car, which is more a necessity than a luxury. Therefore, many of these lenders are willing to offer you a loan, even if you have a low credit score.
Despite this help, there are still people who believe that going for a bad credit auto loan is a big mistake. In many cases, these arguments are the result of inexperience and lack of knowledge. You might be surprised to know that getting a car loan in New Jersey can be beneficial both for the purchase of your new car and in the long run. Some of the benefits you can get from getting a bad credit auto loan include:
One of the main benefits you can enjoy from a used auto loan is the ability to improve your credit score. If you have been struggling with your credit score before investing in your new car, you may be able to ramp your numbers up with an auto loan. As you make your monthly payments (in full and on time), your credit should improve. As you may know, the better your credit score, the better your chances of future investments and offers.
Many people have seen their credit scores improve by going for this type of loan. At Apollo Preowned Auto, we can help you get pre-approved for your car loan. All you need to do is visiting our webpage, where you will find our financing options. Once there, you can fill out the online loan form, submit it, and wait for our call. We streamline the whole process so you can focus on selecting the car you need.
As the years go by, your car experiences what is known as “depreciation.” Depreciation refers to the loss of value a car suffers over time. New vehicles take the biggest depreciation hit. These new cars can lose up to 20% of their original value during their first year. When you go for a used car, you don’t have to worry about that loss. This increases your chances of avoiding what is known as an “upside-down loan.” An upside-down loan is a situation where you owe more than your car is worth. Since you are going for a used car, you have less risk of facing an upside-down loan. In other words, you can enjoy your vehicle and a stable car loan.
As mentioned before, today more than ever, lenders are willing to offer you a bad credit car loan. This does not mean lenders are willing to give loans away. You would still need to go through the approval process as you would with any other loan. You must adhere to the terms and conditions established in your loan. The last thing you want is to fall behind or miss several consecutive payments. At Apollo Preowned Auto, we can take care of the process, from helping you with your car selection to aiding you with financing.
At Apollo Preowned Auto, we can make sure you get the high-quality car you need. Do not let a bad financial situation prevent you from getting a high-quality used car in New Jersey. Thanks to our long-standing business relationships with some of New Jersey’s top financial institutions, we can provide you with an offer our competitors can’t match. Additionally, you can see for yourself why we pride ourselves on having a wide variety of vehicles, both foreign and domestic.
For decades, Apollo Preowned Auto has been serving New Jersey residents. Thanks to our dedication, experience, and skill, we can guide you through the entire car-buying process so you can focus on your selection and drive home on a new set of wheels. In addition to high-quality pre-owned cars, we also provide excellent complementary services, such as oil changes, bodywork, detailing, and more. To learn more about all of our services and how we can help you with your next car purchase, call our offices today at (404) 793-6178.