People with no down payments can still qualify; however, it may be for less than desirable terms.
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Turlock, CA (PRWEB) January 14, 2016
During the month of January, Bryce Packnit is offering free roadside assistance for one year through AAA, for everyone who purchases a vehicle this month, a nice incentive to file early for a tax refund.
The first quarter of the year is the busiest time for used car sales. The more one gets into the first quarter the less a dealer is willing to negotiate terms. Packnit suggests that the more money one puts down on a car, the more favorable the terms for the customer, and not having a down payment or a very low down payment works against the customer. For this reason, Packnit stresses that people file their taxes early in order to receive an early refund, thus allowing them to take advantage of favorable terms.
“People with no down payments can still qualify; however, it may be for less than desirable terms,” said Packnit, whose iMotorSales.com guarantees credit approval. “The same goes for people with little down payments; they may get less-than-favorable terms, but of course there are other factors that go into an approval other than down payment.”
According to CNN Money, the average tax refund in 2015 was near $3,000. If you used that on, say, a $12,000 car with an annual interest rate of 3 percent and 48-month loan, the monthly payment would be under $200 a month.
iMotorSales.com was founded by industry professionals who have a passion for helping individuals with all their automotive needs. Its goal is to deliver an affordable and dependable solution every time they sell a car. They guarantee credit approval, regardless of credit history. Good credit, bad credit or no credit, everyone is approved. As a customer-focused organization, iMotorSales.com does this to provide the best value for its customers. For more information, please call (209) 665-0078, or follow them on Facebook. They are located at 525 N. Tully Road, Turlock, CA 95380.
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