In the times of fast food and over-night deliveries, I won’t be wasting your time in sermonizing you on improving your credit score. This article won’t explain you the boring and done-to-death “importance of a good credit score”. You don’t have a good credit score. So, what? Most Americans don’t have excellent credit score and it’s not very important. What’s important is that you get a reliable car now. And, this piece of writing will help you in doing the same.
Ample Car Options with Bad Credit
Buying any car is easy today. Lenders are offering loans for buying a new car as well as a used car. They even offer loans for a private party car purchase. However, I suggest you to choose a used car. It’s not that your bad credit history makes you default contender for used cars. But, used automobiles are a better choice for people with any credit history.
Why should you buy a Used Car?
Used cars are less expensive than a new car model. And, a lower loan amount means affordable monthly payments. This situation is ideal for a bad credit borrower because it helps in improving credit score.
Even though used cars have clear benefits, people have always evaded them. The reason is that there are higher chances of ending up with a car way past its prime. But today, there are incredible automobile buying programs that help you in choosing a safe and trustworthy car.
1. Cash for Clunker
The 2009 Car Allowance Rebate System (CARS) or the Cash for Clunkers Program allowed automobile buyers to get rid of their old cars. Buyers got credit to buy more fuel-efficient new cars. Because of the program, superannuated cars were taken off the road. This means most used cars that are available in the market are just 5-6 years old. So, why spend a fortune on a new car when nearly new cars are much more affordable?
2. National Motor Vehicle Title Information System(NMVTS)
In 2009, NMVTS was formed to protect consumers from fraud and unsafe vehicles. It also had the goal of preventing resale of stolen vehicles. If you visit the website www.vehiclehistory.gov, you will realize that it is easier to know the history of a vehicle. This system has made it easier to eliminate the chances of buying a broken down vehicle or a scrap.
3. Certified Used Cars
Lexus and Mercedes-Benz started the culture of CPOs or Certified Pre-Owned Cars in 1990s. Today, not only manufacturers but dealers also offer CPOs. There are even third-party agencies that provide the Certification. A certified used car is a better option because it has been thoroughly inspected and includes an additional warranty. This ensures that you stay away from buying a lemon.
With these programs, you can definitely improve your chances of getting the most reliable and value-for-money car. But, don’t forget to take the car for test-drive. It is because only you can be the best judge of your car.
So, don’t worry about your credit score. Just go out there and buy a used car that’s just perfect for you.
Buying a used car became just more affordable. Car Destination brings easy auto financing options for buying pre-owned automobiles. Bad credit buyers are eligible for lower rates. Apply now for bad credit old car loan with this amazing opportunity today.