quincy harrington - how to finance a used car
TRANSCRIPT
![Page 1: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/1.jpg)
How to Finance A Used Car
Get a Direct Loan
![Page 2: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/2.jpg)
Get a Direct LoanGet a Direct Loan
![Page 3: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/3.jpg)
Request a copy of your credit report and credit score before applying for financing
Get a Direct Loan
![Page 4: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/4.jpg)
Contact local banks and credit unions to find out the terms and interest rates they are offering on used car loans
Get a Direct Loan
![Page 5: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/5.jpg)
Solicit rate quotes from Several lenders before agreeing to a loan
Get a Direct Loan
![Page 6: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/6.jpg)
Ask the lender with the best rate
offer for a pre-qualification letter outlining the terms and conditions of the loan
Get a Direct Loan
![Page 7: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/7.jpg)
Provide the lender with information about the vehicle you choose
Get a Direct Loan
![Page 8: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/8.jpg)
Get a Dealer LoanGet a Dealer Loan
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Apply for financing through a used car dealer
Get a Dealer Loan
![Page 10: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/10.jpg)
Make sure you research competitive interest rates based on your credit score
Get a Dealer Loan
![Page 11: Quincy Harrington - How to Finance a Used Car](https://reader036.vdocuments.us/reader036/viewer/2022070521/58ef5ff81a28ab721b8b4583/html5/thumbnails/11.jpg)
Offer a down payment in cash or trade equivalent to 10% of the vehicle's purchase price
Get a Dealer Loan