Applying for an used car loan is among the most effective ways to save cash. With the lethargic overall economy and also the soaring oil prices, purchasing a completely new vehicle rather than a pre-owned one in excellent condition is impractical. Car owners that are very pleased with the vehicle they have but are looking for affordable prices can consult with agencies that will offer them to refinance car loan. Meanwhile, here are some cars for used car loans loan applicants may want to have a look at and consider.
1. Honda Fit
This subcompact vehicle may well appear little on the exterior yet it is roomy enough on the inside. At present, it is one of the most cost-effective vehicles sold in the US market, with used ones being sold at $13,000. Though Honda does not construct the fastest cars out there, drivers observe that it can be easily maneuvered and is also really responsive. Used Honda Fit models are fuel-efficient, durable, and furnished with solid safety features.
2. Ford Fusion
Not quite the cheapest in the list at $15,000 and above, this midsize vehicle is roomy, responsive, and great for families. The newest generation Ford Fusion presented small improvements, but among the best features of this vehicle is its resilience. Drivers observe how Fusion models age very well even after three to four years. The prices of used vehicles built three or four years ago are a little more affordable at $12,000 to $19,000.
3. Honda CR-V
The very first Honda CR-V was produced in 1995 and it is still one of several best-selling vehicles right now. Used ones may cost anywhere from $16,000 to $20,000. Models produced in 2004 to 2006 may cost from $10,000 to $14,000. This compact crossover should only be driven on gravel and the four-cylinder engine is unexceptional. It is fuel-efficient, however, which will help save the owner a lot of cash on gas.
4. Toyota Tundra
Used versions made five years ago may cost about $10,000 to $18,000. People who would like to invest in this car can choose between a two- or four-wheel drive. It has terrific V8 engine and drivers can easily maneuver it regardless of its size. People complain that the rear doors are small, however, and that the design is not really smooth enough. The inside of this pick-up is big and comfortable.
5. Toyota Sienna
The most recent used model of this car may cost anywhere from $22,000 to $32,000. If the would-be motorist is looking for something less costly, then he can buy an used Sienna that was created in 2007 or 2008. This minivan is big enough for family members and can fit approximately eight folks. It is run by a V6 engine and features a smooth ride.
Consumers may consider one of those vehicles if they are trying to find used car loans and searching for an used, but tough car. Refinance car loan applicants who own any of these vehicles are lucky and really should seek the most affordable new and used car loan companies who can offer them more affordable rates.
The author is an auto mechanic who knows about auto loan. If you wish to know how you can apply for these products, visit websites that provide more information on car finance