According to How Stuff Works, depending on their credit score, the average American can expect to pay an APR (annual percentage rate) of anywhere between 6 percent and 18 percent on their auto loan. If you're shopping around forcertified pre-owned cars, chances are one of your biggest goals is to find a loan that features an APR you can afford. Whether you have less than perfect credit or a short credit history, here are a few ways you can get a better APR on your next used car:
Buying a used car is a great way to obtain a vehicle for an affordable price, but there are several things you should do before you start shopping. If you want to make sure you choose a car that will be reliable and last a long time, you should complete the following two steps before you sign a purchase agreement.
Get A Vehicle History Report
Examining and test driving any car you are considering purchasing are two important steps in the buying process; however, these two steps will not tell you a lot about the history of the car you are interested in.