With so many decisions involved in buying a new vehicle, it’s easy to get overwhelmed with the process. OurMazda financial services team at Cook Mazda can answer some frequently asked questions to help you feel better prepared for the process.
Should I Buy or Lease?
Deciding to buy or lease can be a difficult process for many shoppers. Keep these things in mind when choosing whether to buy or lease.
- Buying is best if you:
- Don’t want to have a car payment beyond a few years
- Want to build up equity in your car
- Frequently travel or put lots of miles on your vehicle
- Leasing is best if you:
- Want to upgrade your vehicle every few years
- Want a lower car payment
- Want less maintenance costs
Can I Still Finance a Car with Bad Credit?
Although some lenders can be hesitant to lend money to someone with bad credit, others are happy to work with a customer to find a solution. One of the many perks of securing financing through our dealership is getting access to the circle of trusted lenders we work with. There are also options that can help increase your chances too, such as making a bigger down payment or adding a cosigner.
What’s My Vehicle Worth?
Did you know that you can use your existing vehicle as a down payment on your new purchase? Our team will thoroughly inspect the condition of your vehicle, as well as look at its existing market value, to determine its trade-in value. You can also get an estimate online anytime with a resource such as Kelley Blue Book® or Edmund’s True Market Value®.
Do you have other questions? Don’t hesitate to reach out to our Mazda dealership in Aberdeen, MD, we’d love to chat with you anytime!
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