Financing Advice
7 Steps to Improve Credit for Car Financing
Want a better car loan? Start by improving your credit score. A higher credit score can save you thousands on car financing. For example, a borrower with a strong credit score could pay $562/month for a $25,000 loan, while someone with poor credit might pay $878/month. Hereās how to boost your credit and secure better…
Read MoreIn-House Financing vs Bank Loans: Which is Better?
When buying a car, youāll likely choose between in-house financing (handled by dealerships) or bank loans (offered by banks or credit unions). Hereās a quick breakdown: Quick Comparison Feature In-House Financing Bank Loans Approval Time Same-day 1ā3 business days Credit Check Flexible or none Requires good credit (650+) Interest Rates Higher (24%+ APR) Lower (5.5ā6.5%…
Read MoreThe Benefits of Buying a Used Car with In-House Financing
Discover the Benefits of Financing With Speedway Motors Purchasing a used car is a significant decision for most people, and one of the most important aspects to consider is how you will finance the vehicle. At Speedway Motors, located right here in Fort Worth, Texas, we offer in-house financing that simplifies the entire car-buying experience.…
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