We Want To Make Your Car Buying Experience Crystal Clear

There Are Four Steps To Buying A Car.........

1. Pick Your Car

Why else would you be there? What do you want your new car to do? How many passengers typically? Engine size? (Gas mileage?) Transmission type? Body style/number of doors? Year and number of miles for used vehicles? How many miles per year and how long do you anticipate using your vehicle? Do you really need four wheel drive? Warranty and rebates? Once you identify your ideal new vehicle, you need to test drive it - with or without the talkative salesman! Do you like the car?

Taxes and Dealer Handling charges are by law separate itemized charges. No avoiding it.

2. Establish Value for Your Trade-in

There are three places to establish value for your trade, if you have one. Currently the most popular is Mannheim Auction. Assuming you're financing your transaction, your creditor will establish value for both vehicles anyway. Your dealer will take into account the age, mileage, and overall condition of your trade. Please don't trick yourself into assuming Retail value for your old vehicle and Wholesale value for your new one. No dealer can stay in business that way.

There is no question you can get more for your old vehicle by advertising in the newspaper or showing on your local corner lot. Only you can decide how much time and energy you have to shop your trade. We're here to make life easier, and maybe a living while we're here. If you have owned your current vehicle for less than five years, be prepared to be "upside down" in your trade; that is, to owe more than your trade is worth. In that case, the balance may be applied to your new loan. Tough to do, but it's done every day.

(There is no avoiding the huge hit in value that trucks and SUVs have taken recently. There's nothing any dealer can do about the overall market. We hate hurting anyone's feelings, but that's the way the market is.)

3. Evaluate Your Credit Rating

You can pull your own credit report on our Home page without incurring an "inquiry."  We encourage it.       Your credit score and loan term will determine your interest rate. Have you ever financed a car before? If not, can you get a co-signer? (For even a year? Maybe you can refinance after 12 months and take them off the loan!)  If there's any question about your rating, feel free to get pre-qualified with your salesman. Ray and Chris can do that over the phone, even. (See below) If you have a long-term relationship with your bank or credit union, most dealers will be happy to shop your loan to them. Better for all concerned.

4. Establish Your Monthly Payments

You should know that every creditor expects 20% down payment. This represents a commitment on your part to the transaction. There are ways to adjust that with certain creditors and dealers, but your interest rate won't be the best. New cars can be financed for longer terms and lower payments. Seasonal rebates help too. Used cars avoid the huge immediate depreciation at delivery. Your choice. All the more reason to consider how long and for how many miles you'd like to own your new vehicle.

Ray (970-260-4956)  will be thrilled to further explain the process and answer any questions you might have. You're invited to email us at     info@a1easycarloans.com or raybonelli1212@msn.com  We look forward to possibly earning your business. You might also go to the Home page above and submit our Interest Form.