Used Car Financing Tips for Knoxville, TN Drivers

Tips For Financing a Used Car

Often, cars come with a difficult-to-manage price tag, whether you buy used or new. Buyers who buy used to save still often need to apply for loans or financing, and, historically, there have been fewer options for financing used cars. Navigating vehicle payments can already be challenging, made more so by applying for financing for used equipment. Fortunately, at Rusty Wallace Kia, we staff an on-site finance center that takes all the challenges out of financing your purchase. After all, if our customers do not know how to take advantage of our deals, then how will we get them to buy our cars. You can see why we are invested in helping you find a payment plan you can manage since we are in the business of making satisfied drivers. Take a look at our used car inventory and financing options, and then visit us at Rusty Wallace Kia in Knoxville, TN.

How to Finance a Used Car

Financing your used car through Rusty Wallace Kia is easy if you know the steps to follow. We asked our team at our finance department to come up with an easy guide for getting financing for your used car purchase. We recommend you read the following five-step plan until you have a good understanding of it before you put it to practice:

1. Learn your credit score – Knowing your credit score helps you with many parts of life, including budgeting for your next used car. Your credit score affects the interest rate you receive on your loan, which, in turn, affects your monthly payments. Thus, if you know your credit score, you should be able to find a car that will yield a payment plan within your budget.
2. Selecting the car – Picking out the right car is the best part of the financing, and it is essential. Look over your options for sale at Rusty Wallace Kia, making sure to use our filters to sort by features, price, and model.
3. Pre-Apply – Before stepping foot on our lot, you can fill out an online application form. At best, you may get approved immediately. Even if you do not get pre-approved, it helps our team at Rusty Wallace Kia know more about you so we can cater our help to you.
4. Meet with our team – Once you have selected the car and applied, you will want to call to arrange a sit-down meeting with one of our financial representatives. Our team is approachable and makes sure you get everything done right.
5. Get approved – Once you are sure which car you want, all that is left is to fill out the paperwork and get approved for a loan.

Following the above steps should help you to get yourself approved for an affordable car loan.

Apply for a Used Car Loan at Rusty Wallace Kia

Drive with the peace of mind that comes with an affordable payment plan. You will also be happy knowing that your car was inspected and approved by our experienced staff in our on-site automotive service center at Rusty Wallace Kia. Look through our used inventory to find the right car and apply for financing today.