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Showing posts from December, 2019

Benefits of Financing a Used Car in Canada

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Used Car Financing Today in Canada, the option to lease a car has become quite popular. This means for used car buyers that finding a quality used car has become easier. If you’re seeking a used car that almost appears as new and is for half the price, buying a used car is your answer and Good Fellows Auto Wholesalers knows exactly how to help! If you're not already sold on buying a used car, we know what will change your mind - financing. If you choose to finance your used car you can actually end up building your credit score. This guide will go through why you should be considering financing your used car. Choose Your Dream Car Picking the financing option for your used car can actually enable you to end up with the car of your dreams. This doesn't have to be a confusing process, if you decide to add a large down payment, in the beginning, your monthly bills can actually be quite low depending on your terms. Work with Good Fellows Auto Wholesalers today and ...

Fix Your Credit with a Car Loan

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Used Car Loan Good Fellow’s Auto Wholesalers has put together a guide for you on how you can rebuild your credit score. Our team has taken the time to put this together because we understand that if you have bad credit, how it can affect almost all aspects of your life. Whether you are apply for a house or apply for a job a bad credit score can hold you back. Read this guide and work with our team of experts today to see how a car loan can actually help your credit score and start to build it again! Learning About Credit The idea of getting a car loan to help your credit score can seem backwards but we assure you that we know it can help. If your credit score is low, having a car loan and making your payments will show that you are able to follow a payment plan. This information can be shown to companies and lenders and end up working in your favour. Building Your Credit with a Car Loan You should only be purchasing a car if you are able to afford it and make your payme...

Used Car Financing vs. Cash Purchase - Which Is Better?

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When you need to buy a new car, your first instinct might be to leave your house and head straight to the nearby car lots to start looking. However, before doing that, we always recommend that our clients first take the time to consider their payment options. Car Financing or Cash Purchase? Typically, people either purchase the car in full or opt for used car financing instead. Purchasing a car in full allows you to avoid debt, but many people do not have this kind of cash on hand. For those who do have enough cash to purchase outright, there are still additional benefits to financing that must be considered. Which car payment option is best for you? When you finance your used car, interest charges are added to your monthly car payment. However, when these monthly payments are paid off, it actually improves your credit. Financing also allows you to purchase a car that is a little outside of your typical budget - for example, a newer model, instead of one that has been on the...