For car shoppers looking for a deal on used cars, a recent study showed that the best places to look are, surprise, at dealerships near big cities.
Car Gurus conducted a market analysis comparing car dealerships located within 50 miles from a major city with those in rural areas or far removed suburbs. They discovered that the average car shopper looking at dealerships near a major city would pay $345 less for a used car, and in high population states like New York, they could save as much as $500 over rural dealerships.
Why are these New York City-area dealerships offering better deals? Well, these dealerships have more competition. Car shoppers have more options available to them, and they feel comfortable that if they can’t find a good deal at one dealership, they will try another one. This is doubly true for consumers with challenged credit or no credit. In a rural area, they might not have dealerships and lenders willing to work with them and get them the best possible auto loan terms.
The great thing about Approved Loan Store is how it makes the whole car shopping process so easy. Simply fill out our secure online auto loan application, and a representative contacts you within 24-48 hours. From there, they match you up with an associated Approved Loan Store location in your area and set an appointment with a Special Finance Representative. At the appointment, you will review all available options with your Special Finance Representative and get you into a car you want at terms you can afford. With Approved Loan Store, there’s no need to drive around to every dealership in the New York City area for the best deal on a used car. Click here to see testimonials from real Approved Loan Store customers that got into a great new or used vehicle!
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Recent reports from Edmunds.com indicate what we have seen first-hand over at Approved Loan Store, which is that car shoppers are eager to buy in 2012.
At Approved Loan Store, we are always on the look-out for ways for our readers to save money on their new or used car. Oftentimes, though, we focus too much on the initial purchase of the car and don’t consider other long-term expenses associated with that car like
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Car shoppers looking to get a new set of wheels are doing more than upgrading their ride. They are improving the economy.
These days, a lot of companies are promising the world to people with challenged credit who are looking for a way back. One of the fastest ways to re-establish credit is through a car loan, so there is a high demand for car loans from people with challenged credit. Unfortunately, this means that some businesses will take advantage of that demand and take advantage of less-informed consumers. We wanted to clear up some misconceptions and misinformation that is spread about credit restoration and auto loans. If more consumers are educated, then less people will fall prey to these predatory companies.