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Finance a Used Acura

The Acura brand radiates pure luxury and style in the automotive industry. Paired with excellent performance and consistent reliability, this trademark is supreme all around, yet it costs less than the price of other makes in its class. You can feel like royalty while driving your dream on wheels without breaking the bank. Plus, Acuras tend to hold their values slightly better when compared to competitors. Greatneck Motorsports explains the benefits of financing a used Acura below.

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The first appealing feature of financing is that drivers are able to borrow 100% of an auto’s cost of purchase. This benefit allows a customer to obtain a car right away instead of putting money aside over time in order to produce a chunk of cash upon sealing the deal. After the required paperwork is completed at the dealership, the vehicle is ready to take home and enjoy. If you choose this route, be certain beforehand that you can cover your monthly finance payments so that there will be no problem keeping up your end of the monetary agreement.

Secondly, and very importantly, taking out a car loan will assist you in establishing credit as long as you are responsible. If you are always on time when making your payments, you are on your way to building a favorable track record in terms of credit. A good credit rating opens the door for future loans such as securing a mortgage for a house or borrowing money for a business.

Thirdly, since you don’t have to spend thousands and thousands of dollars to buy your pre-owned Acura outright from the start, you can keep your money in the bank where it may come in handy for other purchases and/or if you have any unforeseen expenses down the road. As life is often unpredictable, holding onto your nest egg rather than sinking it into a vehicle can undoubtedly provide financial reassurance and peace of mind. Lastly, your auto finance may be tax-deductible. For example, if you are the owner of a company and the business takes out a loan to obtain a company car, the costs associated with the loan can be tax-deductible. Be sure to speak with your accountant to find out if you are able to claim any expenses such as the interest on the loan, insurance payments, auto servicing, and repairs.

Greatneck Motorsports supplies patrons with an impressive variety of quality pre-owned vehicles at competitive prices. We are conveniently situated at 300 Great Neck Road in Great Neck, NY, and may be contacted by calling (516) 590-3580.

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    What is Certified Pre-Owned?

    Three words that have acquired a considerable stigma to them over the years are “used car shopping.” Popular culture hasn’t helped the misconceptions about this activity, with sitcoms as old as The Andy Griffith Show crafting clever scenarios where shady salesmen are all too eager to sell piles of junk to unsuspecting buyers. Or, as they’re sometimes called in the business world, “suckers.” We assure you, that these fabrications are just that, situations fabricated for the purposes of entertainment, and right now is the PERFECT time to buy a certified pre-owned vehicle.

    certified pre owned cars near roslyn

    Why is it the Perfect Time?

    Currently, the world is in the middle of a microchip shortage. Because today’s cars are more complex and computer-driven than ever before, which means many manufacturers will not be producing their fleet in the high volumes that they normally do. The previously owned vehicles for sale at any dealership will be of the finest quality and held to the same standards that new models are.

    What is Certified Pre-Owned?

    With the term “pre-owned” in the title, it would be all too easy to assume that CPO (Certified Pre-Owned) vehicles are simply used models existing within the confines of slightly different terminology. Well, the answer is slightly more complex than that. Unlike other “used” cars that don’t have to adhere to any strict guidelines and are usually sold by an independent or third-party seller.

    CPO vehicles are slightly different, and might we add, for the better.

    A CPO vehicle usually falls under the parameters of having limited mileage (usually no more than 60,000-80,000), has been manufactured in the past three to five years, and has been thoroughly inspected by a trained technician who makes sure everything about the car is in working order, and all parts that need replacing are done so with OEM parts. (Parts built from the original manufacturer.)

    CPO vehicles also tend to be backed by a manufacturer’s warranty, which covers the powertrain and drivetrain of the vehicle in question for a predetermined length of time. Brands such as Chevy offer limited free maintenance after purchase and even supply the buyer with a CARFAX report giving a detailed history of the vehicle.

    -Note: As a consumer, you have a legal right to know the history of any goods you happen to purchase.-

    CPO vehicles offer you all the benefits of buying new, ones for a slightly lower price. And it’s the perfect time to take advantage of these offers with life returning to normal.

    Greatneck Motorsports

    Just as the name and topic of this article suggest, Greatneck Motorsports offers incredible savings on CPO vehicles and provides services of unsurpassed quality. To see what we offer, cruise on over to greatneckmotorsports.com.

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      The Advantages of Buying a Used Car

      With the economy as unpredictable as it is and a worldwide microchip shortage that we’ll be dealing with for quite some time, purchasing a brand-new vehicle might present itself with a slight deal of difficulty. While life continues to return to a state of normalcy after the global pandemic and the urge to travel and have a new method of transportation is indeed strong, there’s a good chance that newer vehicles will have high prices for the time being. However, that doesn’t mean that a new vehicle is completely out of your grasp. With current events being what they are, buying a used vehicle is one of the more advantageous solutions in your corner.

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      6 Questions to Ask Before Buying a Used Car

      So it’s time for you to get behind the wheel of a new-to-you vehicle. For many of us, buying a brand new vehicle is not in our budget; therefore, buying a used car is the next best thing and can even be more ideal than buying new if you’re looking to get the best possible value. Here are six questions to ask before purchasing a used car.

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