Auto loans online for used cars through our affiliate network.
You do not have to be a car connoisseur to know that vehicles are poor investments. In fact, the minute you can see the sign of the dealership in your rearview mirror as you are driving away, the new car you just purchased has depreciated approximately 15% of its initial value. Because of this, CarLoanMarket.com offers quality auto loans online for used cars!
Buying a car is not an investment, and it should not be viewed as such. A new car depreciates in value the second you drive it off a dealership lot. In the first year of ownership, a new set of wheels can lose up to 30% of its initial value, and by the fifth year of ownership, your car will have depreciated by over 65%!
Although purchasing a new, in-style car is exciting, it is not money well spent. Purchasing a “pre-owned” or used car makes more financial sense than buying a car that will lose a significant percentage of its value within a matter of minutes. With that in mind, before you ever shop for a pre-owned vehicle, you should begin shopping for the money required to purchase your new ride. Used car dealerships are among the most expensive sources for used car loans. By starting your search for an auto loan online, a used car buyer has the advantage of finding an affiliate lender or dealer who WANTS to help you — even if you have a challenging credit situation.
A great used car will definitely save you a large sum of cash over purchasing a new vehicle; however, even a pre-owned car can end up costing a little more than someone is comfortable with paying in cash. By simply taking a few minutes of your time, CarLoanMarket.com can finance your previously owned car with a quality car loan online and help make your purchase more affordable! Simply fill out an easy online application, get connected to one or more of our lender or dealer affiliates, and save time and hassle.
CarLoanMarket.com helps first-time car buyers get connected to the financing they need!
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