April 28th, 2016 — Articles, Auto Finance, used auto loan
If you are new to the car buying scene you may have experienced some common feelings: Exhaustion, anxiety and confusion. Sound like you? It doesn’t have to be like this! With the help of a trusted automotive professional and a little research on your part, you can find the perfect vehicle for you and your needs without experiencing any of these seemingly terrible feelings! It can actually be quite an enjoyable experience for those who love to shop or are anxious to get behind the wheel of their very own vehicle. We’ve come up with a short list of the MUST do’s when considering buying your very first vehicle.
Think you know what kind of car you’re looking for? Take the time to research features and models that are important to you. Doing a little research before stepping foot on the lot will help you find the best deals and know when to walk away. It can also empower you to make decisions and help calm your nerves. When you understand more about what you’re buying you will know exactly where you money is going and you may also lift the rose colored glasses on some features or add ons that can be costly. If you aren’t a big music lover, paying for that sound system really isn’t worth the extra speaker, maybe you don’t need the 8-way power adjustable seat but you would like leather detailing. Learn the value and assess what’s important to you before you’re overwhelmed by choice and price tags.
Build a Budget
When you are really excited about that big purchase it can get easy to get lost in all the features, add ons and new model upgrades thrown your way. To keep yourself from getting distracted by all the bells and whistles of a new vehicle, make a budget prior to heading to the dealership. If you have any shopping companions, tell them your budget and get them to help you stick with it! It’s easy to say yes to the added features when you see their seemingly small price next to the larger, overall price of your vehicle but these things add up quickly. Don’t let a $100 or $200 there throw off your finances. If you’ve done your research you know what kind of vehicle and the features that you can afford. Stick to it!
Now that you know what you want and you know how much you have to spend, you’re ready to shop! Take the time to cruise a couple different dealerships not just for pricing but for salespeople. Great sales staff will make a difference for you and your vehicle. If you walk on a lot and someone is pushing you into a vehicle you don’t really want, they might not have your best interest at heart. Shopping around will also allow you to find a trustworthy individual to help you find a payment plan that will work for you. Don’t worry, there are not sneaky sales people all over the place, trust your instincts and come armed with your knowledge of how much things cost, and how much you can spend.
If you are looking for your very first vehicle, it can be easy to become overwhelmed. Using some of these points you can make the process a little smoother and even enjoy your experience! If you’re looking for a reputable financing department in North Carolina, you can contact Frank Myers Auto Maxx in Winston-Salem to learn more about automotive financing!
April 27th, 2016 — Used Cars
Checking out the features of new cars may leave you with a case of tech envy. Automatic emergency braking, advanced infotainment systems, navigation with live traffic updates- these are things that were hard to imagine past an episode of a sci-fi show 15 years ago, but now they’re increasingly more common. At our Winston-Salem used car dealership, we know that you don’t need to buy brand new in order to experience some of the cool tech that’s out there!
Smart Parking for 10 Years and Counting
To start, let’s examine the options for Winston-Salem used car shoppers looking for high-tech safety. Many family vehicles, such as wagons, vans and SUVs, were equipped with parking assistive technology as early as a decade ago, giving drivers an advantage for years to come. Use the parking sensors or backup camera to determine whether or not you’re too close to obstacles in front and behind you. Once you have them, you’ll wonder how you ever did without!
Some seemingly miniscule tools are invaluable when it comes to maintaining your focus while you drive. For example, steering wheel-mounted controls have been around in some form for a while, but no matter how old they are, they’re still handy. Many models allow you to adjust the climate controls, speaker volume, and even activate cruise control without your hands leaving the wheel.
The scope of back seat entertainment used to be limited to an Etch-a-Sketch and the License Plate Game, but cars have come a long way since then! You can now find used vehicles that have DVD players and entertainment systems for back seat passengers. It’s a great way to keep everyone calm and put those days of “are we there yet?” behind you.
Don’t let your appreciation for high-tech features stick you with a brand-new price tag. Contact us and let us know what you have in mind; we’ll help you find what you’re looking for!
April 20th, 2016 — winston-salem auto repair
April showers bring May flowers… along with compromised visibility and reduced traction. According to Edmunds.com, there are more accidents caused by rain than by snowfall, sleet, and ice. The first step towards staying safe is making sure your vehicle is primed for bad weather. Our Winston-Salem auto repair center can check things like tire tread and your wiper blades, ensuring you’re not taking any unnecessary risks!
Don’t Get Caught Unprepared
Equipment is key once the weather gets nasty. Staying on top of routine vehicle maintenance may seem like a hassle, but it could be the difference between staying safe and getting into an accident. Winston-Salem drivers can count on us for necessary and top-quality auto repair and maintenance such as tire rotations and replacements, with a huge inventory of brand new tires.
Sometimes you don’t notice that you need new windshield wiper blades until you’re caught in a rain storm. Don’t let that happen to you! Regularly check your windshield wipers to make sure they’re in good condition. If they seem iffy and you’re not sure how to replace them, we’ll be happy to help you.
Of course, the conditions of your tires and wiper blades aren’t the only mitigating factors in unpleasant weather. The onus is on all drivers to proceed with extreme caution. Make sure to slow down, since, according to Edmunds.com, your car’s traction is reduced by about one third in slippery weather. Keep more distance than usual between you and the car in front of you, and don’t activate any type of cruise control- adaptive or otherwise. That feature isn’t great in compromised driving situations because of the way the car’s weight is distributed while maintaining constant speed.
The best safety feature in your vehicle is your own attention, but proper care and maintenance doesn’t hurt, either. Visit our repair center to make sure your car, truck, van, or SUV is rain-ready!
April 15th, 2016 — used ford
After over 50 years on the road, the Ford Mustang is still one of the most iconic cars of all time. Now in its sixth generation, it’s seen a lot of changes since its introduction in 1964. That emblematic running horse has been galloping for much longer than any other in its class. At our Winston-Salem used car dealership, we know that there’s a lot to love about the Mustang, and have plenty in our inventory to appease the horsepower-hungry with a budget!
Enjoy the Fruits of a Legacy
Every 50th birthday deserves a celebration. Ford celebrated the Mustang with a revolutionary redesign, featuring a 2.3L EcoBoost engine that’s at the top of its class in gas mileage, all while netting 310 horsepower. However, the 2015 incarnation is the tip of the iceberg that makes up this hot ride.
The fifth generation (2005-2014) Ford Mustang was heralded as a return to form after many critics maintained that the vehicle had lost a little bit of its edge over time. A highlight was the 2012 Ford Mustang model, with the available Boss 302 Coupe, was a true throwback to the model of the same name that had been out of production since 1969. The Mustang’s huge fan base was thrilled with the vehicle’s return, with a standard V6 engine that can hit 60 miles per hour in under six seconds. We have several of the fifth generation used Mustangs available at right here in Winston-Salem!
An Unparalleled Experience
The Ford Mustang is truly the epitome of the classic American sports car, dedicated to an overall superior experience from the very start. Once you’ve experienced hundreds of pounds per foot of torque pinning you to your bolstered sport seat, there’s no turning back (but if you do, the tight cornering should prove helpful). Assembled in Michigan and sent all over the world, the Ford Mustang has set a course for worldwide adoration.
If you’re ready to take on the roads in a beautifully designed icon at a reasonable price point, contact our dealership! Our selection of used Mustang models will surely provide one that’s exactly what you crave.
April 14th, 2016 — Articles, Auto Finance, used auto loan
When shopping for a new vehicle, some of us are faced with past credit problems. If you have a poor credit score or no credit score you’ve probably heard the term “subprime loan” thrown around a lot. You have enough to worry about when shopping for your new vehicle without hearing new terms and jargon. To help ease the process we can help you understand what a subprime loan is and how it can help you get the car, truck or SUV you need.
What is a subprime loan?
A subprime loan is designed for people who have low credit scores. They enable people who may not have the greatest review with creditors to get a loan at a higher interest rate than other lenders or “prime” loans may receive. These loans a typically labelled as being at a higher risk of default than other loans. There is no cut and dry line on what distinguishes a prime rate from a sub-prime rate so it’s a good idea to speak with your reputable auto lender to discuss your rate and what you can afford. While there is no strict definition, the Federal Reserve defines a subprime loan as a loan that carries an interest rate at least three percentage points higher than the rate on a US Treasury bond that has the same term as the loan. Keep this in mind going forward in your auto loan!
How can a subprime loan help you?
A subprime loan is a second chance. You can secure an auto loan and get the car or truck you need! Yes, the interest rate is higher but if you can afford the payments it may be worth more than just a new vehicle to sign up for a subprime loan. Consistent making payments can help raise your credit score over time and ultimately get you a better rate on loans in the future! Because there is no fixed subprime rate, it’s a good idea to shop around for a loan before signing up and it’s an even better idea to start with a lender who has a great reputation.
Shopping for a car can be stressful but it doesn’t have to be. Doing some research can help make this process easier. Knowing what a subprime loan is and how it can work for you and your financial needs is a great first step. For more information about subprime loans, use the resources around you including dealerships like Frank Myers Auto Maxx in Winston-Salem, NC. Getting a loan can be your first step out of bad credit, and enable you to keep shopping for the car you need!