3 Mistakes to Avoid When Trying to Get Bad Credit Auto Financing

If you have bad credit, you may assume that purchasing a new vehicle is out of the question. It’s not. Many lenders offer bad credit car loans to people with low credit scores. Though the rates are higher than traditional auto loans, they are ideal for individuals who need a reliable vehicle but who cannot spend months fixing their damaged credit score. With that said, there are three mistakes to avoid when financing a vehicle with bad credit:

Providing Wrong Information

Too many people over exaggerate their income and downplay their expenses to achieve better rates. Don’t do this. Dealerships are meticulous when it comes to checking a person’s information. They want documents verifying income, bank statements verifying expenditures and a list of references. If you somehow slip through the cracks, you’ll be stuck with a loan you can’t really afford, thereby risking your credit score even more.

Underestimating Your Creditworthiness

Don’t just assume that you have bad credit. If you’ve been working on building your credit through secured credit cards, you may have better credit than you though. Check your credit score before heading to the dealer. If you go in blind, they get to define your creditworthiness, and they might not be honest about the information they turn up. Get copies of your reports and research what others in your score range are qualifying for to avoid having a fast one pulled over on you.

Overextending Yourself

Longer bad credit car loans might seem ideal because they come with lower monthly payments, but they may end up costing you more in the long run. If the vehicle’s total combined with the high-interest rates mean that you need to increase the term just to afford the payments, you cannot afford the car. At this point in your life, you don’t need a nice car—you just need a car to get you from point A to point B.

Bad credit car loans are a great option if you need transportation today and cannot wait until your credit score has been restored. However, be careful when working with bad credit lenders, and use the above advice to obtain the financing you can reasonably afford.

A Few Things to Consider While Shopping for Used Cars

Shopping for used cars is a lot like shopping for new ones. Even though these quality used vehicles have been owned and driven before, they still have a lot of life left in them. In order to get a good deal, you need to shop carefully. Here are a few tips to improve your chances of getting a great used vehicle.

Inspect the Vehicles

You cannot look at a car and tell what condition it is in, you need to inspect it thoroughly. Even if you are not very knowledgeable about how cars work, you should still look under the hood to see if there are any detached cables or broken components. Look underneath the vehicle to see if there are any leaks or any hanging parts. Ask one of our sales staff for the keys to any vehicle you are interested in. Get inside of the car, turn it on, and listen to how the car sounds. Test out the windshield wipers, radio, air conditioner, and the turn signals.

Stick With Your Budget

Do not let the glamor and allure of shiny used cars inspire you to purchase one that costs more than your budget. One of the reasons why you are purchasing a used vehicle is to save money. There are plenty of affordable used cars for you to choose from. Even if want a specific vehicle, try to remain open minded. You never know when you may see something else that you would prefer instead.

Take Your Time

Regardless of how excited you feel, take your time. People that rush when they are making selections and purchases, often end up suffering from buyer’s remorse later on. Purchasing a car is an investment, and in order for you to make the best decision, you need to consider all of your options.

Come down to our dealership and let us assist you every step of the way. Tell us what you need and we will get you into a vehicle that you can afford and love.

Let Marshall Used Cars Get You Driving a Car Today

Automobiles have been an integral part of our lives since Henry Ford pioneered the assembly line and the prolific expansion of the car riddled our society with movers and goers. Cars are to freedom as money is to power. Let the lenders at our dealership empower you into a new vehicle with the help of an auto loan.

Car loans are an amazing way to afford a vehicle that is slightly more costly than your current liquid cash stash provides. Loan interest rates can vary, and with good credit the loans that lenders at our dealership offer can be quite affordable. That being said, don’t let a poor credit score scare you away from coming in and looking at our selection. There is bound to be a vehicle that catches your eye and a creative financing strategy that fits your specific situation. The experts in our financing department are some of the best at finding the right loan for the right person and facilitating a smooth and stress-free lending and car purchasing experience.

One of the best things for someone’s credit score is a history of accruing debt and then paying it off. This lets future lenders know that the customer is one that is responsible with their money and will make good on the loan that they are requesting. Car loans are an awesome way of building credit and can be an integral step in achieving that gleaming credit score that you’ve always wanted.

Let the fine folks at our dealership help you into your next car and the next chapter in your life. I promise that you won’t be disappointed in our service and selection nor will you be turned away by our lenders provided the minimal criteria are met. Drive off into the sunset with the wind in your hair and the purr of an engine in your ear. An auto loan through us is almost automatic and you’re sure to leave a happy camper.

Four Compelling Reasons to Buy Used Cars From Dealerships

There are a lot of things that might make people worry about purchasing cars from an individual they don’t know. You don’t really know how the vehicle has been treated by that previous owner. You can’t be completely confident that the car will continue to run after you’ve handed your money over. You also have no guarantee that the vehicle hasn’t been doctored in some way to make it appear like it’s in great shape when it’s really a lemon camouflaged to look like a peach. You really face quite a few risks when you purchase used cars from private individuals. This isn’t the only reason to come into our dealership when you want to buy a previously owned automobile, though.

One of the biggest benefits to buying used cars through dealerships is the resulting access to knowledgeable professionals who can provide repairs and maintenance for the vehicle, long after the transaction has been completed. If you aren’t handy with the mechanical aspects of automobiles, then you will need to have a reliable shop. You can rest assured that this technical knowledge will be put to good use even before you make a purchase. Dealerships have technicians employed to inspect vehicles, identify problem areas, and resolve those issues before the cars are put up for sale.

Another great reason to buy through a trustworthy dealership is the potential for some significant time savings. Who really has time to go through the newspaper (or multiple papers) reading through all of the listings offering vehicles for sale. Once you’ve narrowed down the choices, the hard work has just begun. You’ll have to phone or visit each of those sellers, test drive the vehicle, and go through negotiations just hoping that you’ve made a good decision. How much simpler is it to browse through a large selection of quality used vehicles at one location? If financing is offered onsite, then you’ll be in and out after a few hours rather than several days.

Onsite financing is the third wonderful advantage to working with a dealership. In some cases, there will be professionals available who can help buyers with bad credit or no credit. This is a great boon to many individuals who don’t have enough cash on hand to buy a vehicle outright. As many borrowers have suffered financially in recent years, those professionals who specialize in bad credit loans will be especially welcome.

Finally, dealers have a vested interest in making sure that customers are satisfied at the end of the transaction. When private individuals sell used cars, they may never have to see the buyer again. When a dealership makes a sale, their reputation is at stake. If they want to continue doing business in the community, then they need to be sure that their services are professional, reliable, and respectable.

Make Auto Loans Work for You

Without a functioning vehicle, some may find it impossible to perform daily tasks, such as commuting to work, shopping, or carting kids to and from school. Auto loans are an integral part of the buying process, and we are willing to work with you to negotiate a price that everyone can live with.

Things like budget, financial history, and credit score can all have an effect on the terms of a loan. Here are a few things to remember when negotiating a car loan. By keeping these tips in mind, you can rest assured you will procure a loan that’s just right for you.

Be Aware of Your Credit History

Before visiting one of our top-notch sales staff, be sure you are fully aware of your credit history. Your credit score is a huge factor in what type of interest rate you’ll ultimately end up with. There are numerous websites which offer free credit checks online, and for a small fee you can get a more comprehensive report. This will give you an indication of what type of loan you’ll be eligible for.

Arrange Financing Through the Dealership

Our dealership offers a number of financing options for many types of customers. Depending on your credit history, a low interest loan may be a distinct possibility. Our experienced salespeople will work closely with you to determine a loan that will work with your individual financial outlook.

Consider Putting More Money Down

A larger down payment can be extremely beneficial to procuring a reasonable loan. With more money down, the length of a loan may become shorter, and interest rates with be far easier to deal with. This is especially true for customers with faulty credit histories. A larger down payment can help lessen the financial burden associated with car loans.

No matter the financial situation, we can help you to determine the best possible outcome. With some assistance, you are sure to find the vehicle of your dreams at a price you can afford.

Getting the Best Interest Rate on a Used Car

You’ve narrowed down your search for the perfect used car for your needs and budget and are ready to address your finance options. If you won’t be buying the car outright, you’ll need to finance it, which means paying interest. To avoid paying more than necessary for used cars, you’ll want to keep your interest rate as low as possible, which you can easily do with a few good tips.

Think About Financing Through the Dealer

While you might think financing your car through a dealer is automatically more expensive, the truth of the matter is that doing so could net you a pretty solid deal. This is because dealerships can offer incentives like zero-percent financing and other specialized low rates. Check to see what’s on the table before you think about financing elsewhere.

Consider a Certified Pre-Owned Car

It seems counterintuitive, but older cars usually come with higher interest rates when compared to newer models. Instead of thinking you’re better off with a new model, consider the fact that dealerships sometimes have zero-percent interest specials on their certified pre-owned cars. Be sure to ask about them as you’re walking up and down the aisles checking out cars.

Consider Your Term Length

If it’s at all possible, get a car loan with the shortest term length possible. The reason for this is that a shorter term length equals a shorter repayment length, which means a lower amount of interest paid over the life of your loan. Another great thing about getting a term length as short as possible is that you don’t have to worry as much about being upside down on your loan, which is what happens when you owe more on your car than it’s worth.

As you can see, there are several things you can do to keep the interest rate low on your used car. Be sure to put these tips to good use.

Knowing What You’re Getting In a Used Car

You may not enjoy going car shopping and for good reason. The sales people may make you uncomfortable by trying to persuade you to buy a car that you may or may not actually want. Sometimes it is difficult to withstand their pressure and you may walk away feeling as though your voice wasn’t heard or you didn’t get a good deal. This can cause you to avoid going to the car dealerships because you don’t want to encounter these high pressure sales tactics. But have you ever thought why you should buy used cars from the dealer?

There are various reasons why you should buy from a dealership. The dealership will give the vehicles an inspection that the average owner cannot provide. The cars that come to the dealership are usually bought or used to trade with so are of value and not junked cars. When you make a purchase from an individual owner, you don’t have any way to guarantee that it is in good working condition unless you have it inspected by a third party company. This will cost you extra money but at a dealership this inspection is already done before it is put on the lot.

One of the greatest reasons why you should buy used cars from the dealer is that a dealer will have a variety of cars for you to try at one time. You may have your mind set on a certain car and model. You have driven it and can afford the year and model you prefer but did you ever think another type of car or even a new model would drive better and be in your price range?

It can be a difficult decision to choose a used car for your primary vehicle. You want one that is affordable yet stylish. If you are asking yourself why you should buy used cars from the dealer, you should visit a reputable dealer like us to get some great options and pricing.

The Benefits of Securing a Car Loan at the Dealership

In order to make any large purchase, you must decide how you are going to pay for it. Unless you have the full price of the car saved when you are ready to buy, you will likely need to finance the vehicle into reasonable monthly payments. Sailing through the sea of car loans can be a hassle, though. To help you navigate those waters, the dealership can offer both financing and deals that you cannot get anywhere else.

Customized Lending

Financing your next vehicle through the dealership is a great way to find the loan that is perfect for your life and your budget. We are highly motivated to help you find the loan that makes buying a car off our lot possible. The dealership fosters relationships with lenders and is therefore better able to assist you with finding the right lender and the right loan for you. If you need to extend the term of your loan or need a loan that caters to mediocre credit, the dealership’s experience can come in handy. We want to see you driving off in your next car as soon as possible, and we will work to get you the financing to make that happen.

Special Deals

If you have great credit, getting a loan through the dealership can come with even more perks. For example, some dealerships are able to finance an introductory interest rate of below 3% on a newly purchased vehicle. At other times, discounts might be given off the total price of the car. Only by establishing car loans through the dealership are you are able to take advantage of these deals when they are offered.

There may be many ways to pay for your next vehicle, but only one way lets you take advantage of the experience and special deals offered by the dealership. Securing your car loan where you buy it has its benefits.

Benefits of Buying a Used Car from a Dealership

Are you in the market for a used car? Do you know that dealerships are the better choice over private party sales for used cars? I’m here to help you understand why you need to buy from our dealership instead of buying through a private party.

The bottom line when it comes to buying a used vehicle is that it can be a complicated process. With a private seller, you are in charge of everything. You have to handle all the paperwork involved and deal with the financing yourself. Additionally, when you buy from a private party, you usually only have one vehicle from which to choose. If you don’t like it, then you have to go out searching again, which can take a lot of time. I know I wouldn’t want to waste time driving all over to look at one car at a time.

Our dealership will help you through the process of choosing and buying a vehicle. We offer a wide range of vehicles, so you aren’t limited to just one option. We also help you complete any paperwork and ensure it is filed properly. Not to mention, that we have experience with financing, so we may be able to get you financed quicker than you could on your own and with better terms. Perhaps the best benefit of working with us is that we will begin to build a solid relationship. This is so important because at some point in the future, you will be in the market for a car again. So when you are ready to buy a different car in the future, you can trust in us to help you find the right one.

So, if you are thinking about buying a car, save yourself time and avoid the hassle by coming to our dealership. We will help you find the right car quickly and give you a great deal on it.

Myth: A Checkered Credit History Equals No Car Loan


You need a car. You’d like the affordable price tag and reliability of a quality used car, but are under the assumption that used car dealerships require full cash payment up front. Where would you get that kind of money? If only you could find the used car you’d like on financing terms you can afford! But even if you could find such a dealership, what would they say about your checkered credit past?

We’re glad you asked!

Before you bite your fingernails all the way down to the nubs, come check out our bad credit car loans! It would be our pleasure to help you fulfill every item on your wish list. Let’s take it from the top.

The Car

You’d like a used car. You have an eye for quality, so not just any used car will do. We feel the same way! We have an extensive selection of reliable pre-owned vehicles, and we’re certain you’ll find a new-to-you car that will fit your needs and your budget.

The Money

You don’t have all of the money right now, so you’d like to split the cost into monthly payments over time. Not a problem! We offer a variety of financing options that can allow you to purchase a car today without zeroing out your bank account.

The Problem

Now we come to the zinger. What about your checkered credit past? Think you’re not a candidate for a loan? Think again. Our friendly and knowledgeable financing specialists would be glad to show you how you could qualify for a bad credit car loan. These loans are specifically designed for people in your situation. While interest rates are typically higher on loans of this type, they afford you the benefit of purchasing a car today, when you need it, rather than having to wait until you have the entire amount in cash. Our financing specialists are available to answer your questions and walk you through the process.