First Time Auto Loans in St. Peters / St. Charles County

First Time Auto Loans in St. Peters / St. Charles County

December 9, 2015  

The process of buying a vehicle for the first time can be a bit intimidating if you have not spent valuable time in researching the endeavor. There are 4 important factors to consider before seeking your car purchase and applying for first time auto loans in St. Peters / St. Charles County.

First Time Auto Loans in St. Peters / St. Charles County

Of primary concern is whether you will buy a new or used auto. While new vehicles have all the latest features, you will pay handsomely for them. It is often wiser to buy used at first, to establish a favorable credit history and save money. There are many pre-owned vehicles that are later models with popular “bells and whistles” from which to choose. Used cars cost significantly less than new and much of the depreciation has already occurred.

Secondly, you should evaluate whether paying cash or acquiring financing is best for your situation. Even if you have the money available, an auto loan allows you to keep some of it for other purchases and to build your credit.

Determine the best dealership to find your used car and complete a credit application. Those with years of experience have the necessary skills to guide you through from start to finish. Convenience is key. Locating a premium pre-owned auto, obtaining financing and paying at the same dealership can save you time and money.

You need the expertise from 5 Star Auto Plaza. Call us at (636)940-7600 to discuss our extensive inventory and your options for first time auto loans in St. Peters / St. Charles County.

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