Financing a Used Car in Sanford

Can You Finance Used Cars in Sanford, NC?

If you're shopping for used cars in Sanford, NC , you may have some questions. One we get a lot here at Wilkinson Automotive is “Can I finance a used vehicle?” The answer is yes! There are many good reasons to buy used, and the availability of flexible financing options just makes it even more appealing.

Financing a Used Car

Securing GMC financing for a used vehicle is just like getting a loan for a new car. You apply for financing using the form conveniently available on our website. We’ll look at your info, including your income and your credit history. From there, we figure out what kind of loan we can help you secure.

The better your credit history, the more favorable loan terms you can generally expect. However, we work with all of our customers to help them find financing. Even if your credit history isn't absolutely perfect, we're ready to help you out.

Generally, you need to make a down payment covering 20% of the vehicle's total cost and then finance the rest. This loan has an APR, or interest rate, and you have a finite amount of time to pay it back.

This period of time is known as the loan term. Sometimes you can opt for a shorter or longer loan term. A shorter term means higher monthly payments, but less interest paid overall.

Why Buy Used

Buying a used car from our Chevy dealers is simply a smart financial decision. A pre-owned vehicle that's just a few years old could be less expensive but still offer many of the same features as a new model.

You also won't have to worry about the depreciation, or loss of value, that a new car experiences. Instead, you get a used vehicle and more car for your money.

Your insurance payments could also be lower. When you buy a new car you usually want to get gap coverage, but a used car doesn’t need it. That can make a big difference when it comes to your premiums.

If you're in Sanford, NC and wondering “Where can I find reliable used cars and a Chevrolet dealership near me ?”, Wilkinson Automotive is your answer. Visit today and learn more about our amazing selection of vehicles and all our great financing options!