Miami Car Credit Specialist

November 2nd, 2019 by

Miami car credit specialist: How to finance a used car

miami car credit

When shopping for a used car, it’s critical that you think about how you are going to pay for it. For most buyers, that means getting a used car loan. Purchasing a used car can save you thousands of dollars compared to buying a new car, With the right financing team by your side, you can get a great deal on an auto loan for your new-to-you vehicle.

Your Credit Score
Most lenders will look at your credit history before they decide whether or not to extend financing. Most will use your credit score, which is a snapshot of your credit history. It’s a number between 300 and 850 that’s generated from the information in your credit reports. It’s sometimes called a FICO score, though you actually have multiple credit scores, and it’s based on information from the three major credit reporting bureaus – Equifax, TransUnion, and Experian – though their numbers are usually pretty close to one another. Here at Bolufe Auto Sales we do thing a little different, that is better for you ? We approve beacon scores as low 350 and higher, EVERYONE QUALIFIES! No Credit, Bankruptcy, previous repossessions, first time buyers, and students. If you want a hassle free car buying experience with a large selection of quality used vehicles. Stop looking any further you found BOLUFE AUTO SALES.

Insurance
Most lenders will require you to carry collision and comprehensive insurance with sufficient coverage so that the lender can be repaid if you wreck the car or it is stolen. The protection that a lender requires is different than the car insurance that you’re legally required to carry. State mandated insurance protects the people or property you might injure or damage with your vehicle. Lender-mandated gap insurance protects their financial interest in the car.

Looking for the best option to finance your used car here in Miami? Then the Miami car credit specialist at Bolufe Auto Sales is the answer. Call us today (305) 676-AUTO (2886) or fill-out our quick & Secure Car Credit Application >>

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