Tips for Buying and Financing a Used Car


If it is time to start shopping for a car, there are a few things to consider and think about before you come on by and start test driving vehicles. To make sure you are all set up to get that vehicle you want, our BMW of Atlantic City team shares some tips for buying and financing a used car.

See below how you can make the most of your investment, so you can enjoy your ride around Atlantic City, Egg Harbor, and Vineland for years to come!

Car Budget

1. Set Your Budget

Before you even begin to check out our inventory of used cars, you can narrow down your search by knowing what type of budget you have for your used car. You can look at your personal finances and see what you can comfortably put towards your car every month after adding up all your other monthly expenses.

You can also use our payment calculator and see what sort of payments you might have, depending on the price of the vehicle you choose, down payment you put on it, and rate you have. This is a very helpful tool as you begin searching for the used car you want, since you can use it to see what payments you’ll have for each specific model.

Car Loan

2. Get Prepared for a Loan

If you are going to only put down a percentage of the vehicle’s cost when initially buying your car, you will then need to get an auto loan to cover the rest. Then, over time, you will pay back this loan, with interest, each month until you have paid off the remaining amount of the vehicle.

After that, you are free to enjoy your used vehicle without having any more costs besides maintenance. Luckily, our finance experts will be able to work with their network of lenders to find you an auto loan with the best possible rate.

You can speed up this process, though, before you stop by our dealership. You can get pre-approved for financing by simply filling our finance application online. This way, you’ll know you are all set to finalize your deal and have the credit needed to secure an auto loan when you meet with our finance team.

Car Inspection

3. Have the Car Inspected

With a used car, you want to know that the vehicle you are getting is ready to give you many more miles of reliable performance. It may look good on the outside, but how do you know its various systems and parts are in great condition, too?

You can have a technician inspect the vehicle to determine what kind of shape the vehicle is actually in. Here at our dealership, you’ll know each of our CPO BMW models are in excellent shape, since they all had to pass an extensive inspection by our factory-trained technicians.

You’ll also get more peace of mind, since you can get all the details of the vehicle’s past ownership, too. You will get a vehicle history report with your certified BMW.

See Our Inventory of Used Cars

With these tips for buying and financing a used car in mind, you are all set to begin your search for the used vehicle you want to drive around Atlantic City, Egg Harbor, and Vineland! Check out our inventory right now online or by stopping by our dealership. Be sure to come by for a test drive, too.

We have a variety of used vehicles, from sedans and coupes to vans and SUVs. Whatever type of vehicle or model you want, our BMW of Atlantic City team is ready to help guide you through the car-buying journey. Contact us today!

BMW of Atlantic City 39.4359037, -74.6139727.