If you’re looking to get a reliable vehicle to drive around Dallas and surrounding communities, you may consider a used model to save money. It’s easy to find a good, reliable, used model at Stanley Direct Auto. You also must decide if you want to pay cash or finance your vehicle.
As you probably already know, financing a vehicle means you pay more for it than if you bought it with cash. You’ll pay interest on the amount you’re financing. Often, you will have a higher interest rate for a used vehicle than for new. However, it does allow you some flexibility on how much you can afford.
For instance, you may only have $15,000 in cash but see a nice model for $20,000. When you finance, you can afford to get a more expensive model as long as you can make the monthly payments.
If you like the idea of paying cash but the flexibility of financing, you can combine the two. Pay a significant portion of the price in cash and finance the rest. Your payments will be lower, and you only pay interest on the part being financed. Just make sure you save enough for licensing, insurance, and other expenses associated with buying a vehicle. You can also pay more than the monthly payments to get the loan paid off sooner and save more money.
You can get started financing by filling out the online application with Stanley Direct Auto. Once you know how much you qualify for, you can decide if you want to get a car loan or pay cash. You can also talk to our finance experts to estimate your interest rate, monthly payments, and other costs before you make your decision on buying a quality pre-owned vehicle.
Let Stanley Direct Auto help you get behind the wheel of a quality used vehicle whether you decide to finance or pay cash. We offer a wide selection of models to fit just about every budget and need.