When purchasing a vehicle of any kind new or used always know where you stand!

The worst thing you can do is go into a dealership with no understanding of how you rank among others as far as your credit rating. By credit rating I am not talking about credit score (fico). The scoring system used by the credit reporting agencies is something I don’t think many people understand, including their employee’s. There are steps and procedures you can go through to improve your credit score, however this can take months. You just need to know if you were to go the into your local bank or credit union what interest rate and term you can get, this will determine the payment you will receive if you finance it yourself. Make sure when you go into the finance office you are absolutely sure you can be approved elsewhere, it will give you the confidence needed to negotiate. If the Finance Manager cannot beat the rate you have already been quoted then there is nothing else to talk about, I can assure you they will work considerably harder to beat the rate when you are ready to secure your own financing. The dealerships will usually undercut outside rates if they have a knowledgeable finance department.