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Dealer/GM News | Finance & Insurance News | Pre-Owned Sales & Marketing Strategies | Sales & Marketing
May 2, 2014

The Most Popular Cars for People With Bad Credit

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Dealer/GM News | Finance & Insurance News | Pre-Owned Sales & Marketing Strategies | Sales & Marketing
May 2, 2014

The Most Popular Cars for People With Bad Credit

cars togetherThe most popular cars for people with bad credit, according to Credit.com.

Most people put together a wish list of sorts before they head to a car dealership to buy a new set of wheels. It depends on your priorities, but you’re probably searching for a car that meets a few requirements, including cost, vehicle type and fuel economy.

Here’s another thing to research: Does your desired car match up with your credit score? Assuming you’re planning to take out an auto loan to finance your new car, you’ll need to know your credit standing, because you’re more likely to get approved for a larger loan amount and lower interest rates if you have good credit.

If you’re planning to buy an expensive car with little money down, you’ll want to go into the dealership with an impressive credit standing in order to improve your chances of getting approved at an affordable rate. Conversely, if you don’t have great credit, you may need to look at less expensive vehicles.

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Dealer/GM News•Finance & Insurance News•Pre-Owned Sales & Marketing Strategies•Sales & Marketing

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