Everything You Need to Know About Refinancing Your Used Car Auto Loan

When it comes to auto financing, there’s no team better than Sansone Auto. We believe every driver should have access to top vehicles for their driving needs, at the right price to fit their budgets. That’s why we carry a wide inventory of pre-owned vehicles, and why we’re sharing top tips for financing your next car, like the 20/4/10 rule. more 20- Down Payment The 20 in the 20/4/10 rule stands for the down payment. The more money you are able to put down the day that you take a vehicle home, the less you’ll end up paying in interest costs over time. The 20/4/10 rule recommends that drivers put down at least 20 percent of the vehicle’s total cost in order to save in the long term. 4- Loan Length You also want to consider the length of the term when the time comes to pick out the next pre-owned vehicle. Typically, longer terms will have smaller monthly payments, but you may still end up paying a significant amount in interest over time. This guideline recommends that you take out a four-year term, though you may be able to pay it off more quickly. 10- Monthly Costs You also want to account for other transportation costs and needs. According to the 20/4/10 rule, your monthly transportation costs, including your car payment, fuel, insurance, and parking costs, should be less than 10 percent of your monthly income. Auto Financing at Sansone Auto No matter what your vehicle financing needs may be, Sansone Auto is here to help every step of the way. We carry affordable vehicles to fit your needs and offer financing tools that you can rely on. Pick out the next great car with support from our expert team today.

There are many reasons to consider used cars when the time comes for your next ride, like big savings, a wider inventory of model options, and a lower rate of depreciation. Here’s a closer look at how to determine your vehicle’s worth and raise it before the time comes for the next car. more Use the Trade-In Calculator Here at Sansone Auto, we have the tools and resources you need to get the right financing terms for your next ride. We also provide a trade-in calculator that makes it easy to find out the value of your vehicle right from the comfort of your home. Simply navigate over to our finance page and click on the Trade Appraisal tool. Then you’ll enter the year, make, model, and trim of your vehicle. You’ll then pick your preferred dealership in our group and enter your contact information, and we’ll send you a report about your vehicle’s value right away. Raise Your Car’s Value There are a few simple steps you can take to increase the value of your used car before you bring it in to sell or trade in. You’ll want to do any cleaning and necessary detailing, so the vehicle shows in its best light. You also want to make small changes, like cosmetic changes or minor repairs. Skip any repairs that will cost more than they will raise the value of your car. You also want to make sure you collect any accessories or parts that were originally sold with the vehicle. Used Car Support at Sansone Auto Here at Sansone Auto, you’ll find a wide inventory of used vehicles to pick from. We also offer the support you need to sell your vehicle at a good price before picking out your next car. Get started at our dealership today.

Are you getting started on your used car search? Sansone Auto is here to help you on every step. Purchasing a pre-owned vehicle is a great way to save on the next exciting model, and we’re sharing all you need to know about setting a budget when picking out a used car you’re sure to love. more Check Your Credit Score One of the most important factors in determining what financing options are available to you is your credit score. Your credit score tells the lender how reliable you are as a borrower, which can affect your term length and interest rate. It’s important to check your credit score at the beginning of the pre-owned vehicle purchasing process, so you can begin narrowing down your options, rather than falling in love with a model outside of your budget. Narrow Your Focus Once you have a sense of the terms and options available to you, you’ll want to begin narrowing down the important features and options for your next pre-owned model. Look at the different body configurations, programs, and trims, and think about which features are essential. Do Your Research You also want to look at the common repair needs and replacement costs associated with a vehicle. Read the reviews from real drivers to know what vehicles are inexpensive to repair, and what cars have service needs that might extend past your budget. If you have a specific vehicle in mind, look into the service and accident history, to get a better sense of future repair costs that should be factored into your budget. Here at Sansone Auto, you’ll find financing support and resources like a payment calculator, online finance application, and more. Explore our wide collection of pre-owned models and take home the perfect used car at the perfect price today.