Monday, April 27, 2015

Credit repair rewards are here!

Credit repair rewards are here! You've worked hard to improve your credit score and are finally ready to buy a new car. You've found the perfect model and are confident that you can afford it. Sounds simple, right? Wrong. Buying a new car isn't cut-and-dry. Give your newly-minted credit score a spin by following the strategies below. They will help you secure the deal you deserve.


1. Control your trade-in. If you plan to trade in your current vehicle, don’t let the dealership dictate the value. You're likely to receive much less than the Kelley Blue Book price, diminishing your buying power and lengthening the life of your new car loan. Before making a trip to the car lot, consider selling your car on Craigslist or EBay. This strategy allows you to set your own price and bring cash to the new sale. Make the most of your assets—opt for the do-it-yourself approach before agreeing to a trade-in sale.


Clare and Jim are shopping for a 2014 Mini Cooper Countryman. Their local Mini dealer has three models available, all priced above $30,000.
This is strange,” Clare says. “The Mini website said this model costs around $22,000.”
“That was the starting price,” Jim reminds her. “Maybe we should build our own model.”
Jim’sassertion is an important one. An already-customized car isn't going to offer many discounts. Take a lesson from Clare and Jim and consider customizing. Choosing your upgrades will allow you to take advantage of the things you need (e.g., a cold weather package) and avoid the things you don’t (e.g., an overpriced sound system). Resist the urge for instant gratification and choose the best option for your finances. Your debt-to-income ratio will thank you. 

1. Control your trade-in. If you plan to trade in your current vehicle, don't let the dealership dictate the value. You’re likely to receive much less than the Kelley Blue Book price, diminishing your buying power and lengthening the life of your new car loan. Before making a trip to the car lot, consider selling your car on Craigslist or EBay. http://www.americanconsumercreditrepaircenter.com




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