Used Car Financing Tips in Queensbury, NY

Pre-Owned Vehicle Financing Tips

When you’ve settled on a car to purchase it’s an exciting time. It may be pre-owned, but it’s new to you. After all, our service professionals at D’ELLA Cadillac in Queensbury, New York, will have gone through it with a fine-toothed comb. Not to mention, we will have cleaned it up nicely for you, giving it a sparkle that adds to your excitement. There’s one thing to consider, though, and that’s the best payment plan for your budget. Fortunately, our financing department does this every day, and they can walk you through your options so you have the clear understanding you need to choose the best plan for you.

The Financing Process

There are many things you have to think about when you purchase a vehicle. Sure, you’re probably looking at the cost of the vehicle first and foremost. But that’s only one piece of the pie. When you consider the term, you should remember that the longer you take to repay your loan, the higher the interest rate will be. A longer loan will mean you have lower payments now, but it will cost you in the long run. Finally, consider the APR, or annual percentage rate. And remember, your credit score will determine what your interest rate is, so if you have an idea of what that might be it will be an indicator of what kind of interest rate you can expect. Here are some other tips to consider for your financing options.

• Research auto loan options
• Find the trade-in value for your existing vehicle
• Get pre-qualified for a loan online
• Buy from a trusted dealer such as D’ELLA Cadillac
• Talk to your insurance company

Finance Your Pre-Owned Vehicle at D’ELLA Cadillac in Queensbury, NY

Come see us at D’ELLA Cadillac in Queensbury, NY and take a look at the pre-owned cars on our lot. While you’re here, talk to our financing department about your options. And remember, you can apply online at any time. We look forward to seeing you.