Financing Tips For Buying Used In Owensboro, KY

Used Car Financing Tips in Owensboro, KY

If you’ve ever heard that getting financing for a used car is more difficult than securing financing for a brand-new car, we’re here to ease your worries. In fact, securing financing for a used car is just as easy as it would be if you were purchasing a brand-new car if you follow the right steps. When you shop with us at Don Moore Automotive, our financing team will work with you to ensure that you get the loan you need for your new-to-you car.

Though our financing team does most of the heavy lifting to help you get a used car loan, there are a few things you can do to make the process simple and easy. Let’s take a look at the steps you can take to get a used car loan at Don Moore Automotive.

How to Finance a Used Car

When you’re looking to get an auto loan for a used car, there are a few things you will want to do to ensure your financing process is smooth and stress-free.

1. Determine Your Credit Score - The first thing you’ll want to do is find out what your credit score is. You can do this via requesting a copy of your credit score from your bank, credit card provider, or a credit advisory service. Knowing your credit score will allow you to determine a ballpark range for what interest rates you can get for your auto loan.
2. Research - Once you know what interest rate to expect on your loan, you can get to the most fun part of buying a used car - browsing our fantastic inventory at Don Moore Automotive. We have a wide variety of models from your favorite automakers, and they’re all priced to sell!
3. Complete An Application - Once you’ve found the used car you love, you’ll want to complete a financing application with us at Don Moore Automotive. You can visit us in-person to complete the application or you can fill out our secure online application on our website.
4. Talk With Our Financing Team - Next, stop in and talk with a member of our financing team at the dealership. They’ll work with you to figure out what loan options will work best for your financial situation and goals. Will you take a low monthly rate to save month to month or will you pay a higher amount each month to save more in the long run? Our team will help you make the best decision for your circumstances.
5. Enjoy Your New Car - Once your loan is approved and the last signature has been signed, you’ll be able to drive home in your new car with great financing from Don Moore Automotive! It’s true, that’s all there is to getting approved for a used car loan.

Now that you know exactly how to get financing for your used car, start shopping with us today!

Get Used Car Financing from Don Moore Automotive

You can start the process of shopping for a used car today when you browse our inventory online or in-person at Don Moore Automotive. Our prices are low from the start and our extra savings opportunities will make your used car even more affordable. Check out our low prices and great used cars at Don Moore Automotive today!