How do I buy a certified pre-owned vehicle with a loan?

I found some great deals on certified pre-owned vehicles at my local Buick dealership. How do I get a loan to buy one?

Answer
Certified pre-owned vehicles are a great way to couple peace of mind with a value buy!
In terms of a car loan, approval for a certified pre-owned vehicle requires the same steps you’d take if you were getting a loan on a used car. The only difference is that certified pre-owned vehicles are newer with lower mileage, which lenders like more than old or worn-down cars.
To get the best loan rate, shop around with multiple dealers, banks, credit unions, or online lenders. Then apply to the lenders with the lowest rates—make sure to provide all necessary documentation. If you have a good monthly income and a decent credit score, you should be able to secure a loan.
Since your lender will likely require full-coverage insurance for your Buick, be sure to download the Jerry app to compare dozens of competitive quotes and access the best rates.
Eric Schad
Answered on Oct 28, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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