Can You Lease a Used SUV?

If you are in the market for a car, before you start perusing all of the different makes and models, there’s something else you need to think about: should you lease or go with used car financing? If you’re having trouble making up your mind, this guide from Moran Certified Pre-Owned can help you make a good choice. more Why Choose Pre-Owned Financing? When you finance a vehicle, the biggest benefit is that even if you’re financing,  the car is yours. As long as you make those payments on time, you can do with it what you please, including driving it as much as you want and adding accessories or customizations. Because it’s yours, you will have the option to sell it at any point. Another advantage of financing is that this can improve your credit, which could allow you to refinance in the future or help with future purchases. Why Consider Leasing? Leasing is a good option for people who have trouble making up their minds about a vehicle or perhaps want a new model every few years. It allows you to drive a car for a few years and then bring it back to the dealership, at which point you could return it or start leasing something else. Unlike with financing, you don’t own the vehicle, so it has to be treated carefully. This means you need to adhere to a mileage limit and any customizations typically aren’t allowed. Make a Smart Decision with Your Next Vehicle Still not sure which option is right for you? Moran Certified Pre-Owned in Chesterfield, MI, will gladly give you more information. Contact us or come down to our dealership to check out all of the quality pre-owned models in stock.

Big purchases often require a lot of paperwork. If you are planning to buy a pre-owned vehicle and will be utilizing used car financing to do it, it is important to be prepared. Moran Certified Pre-Owned goes over the areas that require you to bring in the right documentation. more Identity The first thing you will have to show are documents that verify your identity. These will need to include a valid driver’s license. You will also need something that has your current address, such as a utility bill or bank statement. Income Lenders will of course need to know that you can pay for your vehicle, so you will need to bring your proof of income. This often includes your two most recent pay stubs and tax information like recent W-2s or tax returns. Insurance A dealership won’t allow you to drive off in your car unless you are covered by insurance. Be sure to bring your valid insurance card. If you will require new coverage, have your agent’s contact details so everything can be squared away easily. Trade-In Will you be trading in a vehicle? If so, you will need to bring its original title and current registration. If you are still paying for the car, bring the account information and payoff quote. Start the Financing Process Now in Chesterfield, MI Financing a pre-owned car can take some time. The good news is that you can help expedite the process by getting things started now. Moran Certified Pre-Owned in Chesterfield, MI, makes this easy. Just fill out our online application to get pre-approved. Once submitted, you can gather all of the documents mentioned above and head down to our dealership.

Chances are good that you see cars for sale in or around your neighborhood pretty often. There are lots of people looking to sell, and it can be tempting to make an inquiry when you spot a model you like. It’s important for buyers to beware, however, as purchasing from a private seller poses risks. Moran Certified Pre-Owned goes over the biggest ones and why you need to be wise when shopping for used cars near me. more Questions about Quality The guy down the street probably did a terrific job of cleaning and shining up his car to make it sparkle. And while it looks great on the outside, what about what’s under the hood? When it comes to its condition, you have to take his word for it. With our dealership, on the other hand, you can count on quality with everything we sell, as our vehicles are well-inspected to rule out any critical issues. No Safety Net If you do end up buying from a private seller, what happens if something goes wrong? If there’s an issue that they didn’t disclose or perhaps one they didn’t know about, it’s almost certainly you won’t get your money back. We stand behind the cars we sell, and many can come with extended warranty coverage. Large Lump Sum Another reason why it’s a good idea to buy from a dealership is because they offer financing. This allows you to pay for your car over time with potentially low monthly payments. Unless someone is extremely generous, you are not going to have this option with a private seller. Make the Wise Choice with Your Used Car Ready to find a used car you can count on? Come down to Moran Certified Pre-Owned in Chesterfield, MI. We always have a big selection and we’ll help you make a good decision.