Wouldn’t it be nice to shop for the used car you need online? At Tennessee Auto Finance, we let you browse through an extensive assortment of cars available on dealer lots in Franklin and beyond. Locate the car you want, then alert the dealer for more details. If you’re aiming to finance this vehicle, you may want to ask them how high the down payment will likely be.
It’s important to form a budget for this vehicle. As a rule, you should spend just 30-35% of your yearly salary on a car. Suppose you’re making $42,515 per year, the average among Franklin residents–this would be $12,755 to $14,880. If possible, don’t spend more than 50%, or $21,258 in this case. If you’re going to finance this vehicle, a maximum of 10% of your monthly income should really be put toward a car payment each month. Don’t extend your loan repayment term to pay for a more expensive vehicle. If you earn $3,543 per month, this is a payment of $354, at most. If you’ve got credit problems, go here.
Cheap Cars for Sale in Franklin (TN)
A lot of folks in Franklin are hoping to buy a cheap car–a good way to go. Given the lessons learned during the credit crunch, people aren’t spending as much on their cars, and we can find you a reliable used car at an affordable price. Many of these dealers do provide trade allowances, which could make your new car or truck even more affordable.