Used Car and Truck Buying Tips from Midwest Motors
Are you in the market for a new car or truck? We're happy you chose Midwest Motors as your go-to dealership in St. Louis! Midwest Motors has a large inventory of new and used cars, from low-priced economy cars to sports cars, luxury models, and heavy duty trucks. But how can you save more when you make your next car purchase? Follow these tips and you'll be sure to save some extra cash for the summer months ahead!
Money Down is Important
Make sure you're putting as much money down on the car as you can. This will mean that less of the purchase price will need to be financed. What that means to you is that there will be less money that has interest applied to it, so your monthly payment will be lower, and you'll pay less for the vehicle over the life of your payments.
Trade In Your Vehicle
Midwest Motors happily welcomes trades of all kinds! A trade in can work in the same way as your down payment will. You'll end up with a lower monthly payment, and could even get more for your old vehicle than you thought it was worth! We evaluate all trades on site rather than over the phone so you can be sure we are giving you an accurate and fair offer. We even buy cars - even if you don't buy from us!
Stay Up On Your Credit Score
Make sure you are aware of your credit! Credit is one of the biggest factors in determining your eligibility in receiving a loan, and will help to determine your interest rate. Having a better credit score means your interest rate will improve! Building credit is also important if you have a lower score or newer credit. If you have issues on your credit report, there are a number of things you can do to improve your score. Writing a "Good will letter" if you've missed a payment might allow you to get the bad marks removed from your credit report and get a better score. It's important to know this information because it has the biggest impact on what kind of financing the buyer is eligible for.
Pick a Dealer You Trust
Midwest Motors has been serving St. Louis since 1995. We encourage you to look at our online reviews! Been here before? Please search for us on facebook, yelp, or google, and leave us a review! We appreciate all of the kind comments and trust we get from our customers. We look forward to seeing you and serving your needs at Midwest Motors in Eureka, MO!
