Buy a CAR in 6 steps- Banksdirect will help you

by | Aug 29, 2017 | Car Loan | 0 comments


Are you planning to surprise your family and that too with a car, then we have the 6 easy steps to get you one soon.
* Know your credit: Your credit plays a vital role as it will rate you in paying your loan. For a first time buyer knowing his or her credit score is important because based on that you will get the loan.

* Choose your payment: Car loan comes in 3, 4, 5 and 6 year term. This will figure out how much you will spend each month on your car purchase.

* Get Pre-approved: If you get pre-approved: If you get pre-approved for your auto loan by a bank or credit union, then they will call you soon to find out details that you have submitted at the counter. The call will be related to your employment and evidence of any other income, bank account saving and copies or you’re most recent tax return. These all have to get per-approved for the loan.

* Shop your car: After getting per-approved, you can focus on buying the car of your choice, colour and model.

* Finalize the sale and paperwork: After choosing your car, finalize the sale and paperwork’s carefully especially on the add-ons and extended warranty that they offer.

* Start paying your loan: After everything working out you will get the information about the payment schedule for you loan.

Enjoy Your Ride and Stay Safe!

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