Category Archives: Used Vehicles Pelham AL

Financing a Used Vehicle: Bank or Dealership Financing?

If you are looking to finance a used vehicle, then there is a lot that you need to consider before making your decision. There are many factors that go into the financing of a car, and it can be difficult for most people to decide which one will work best with their current situation. The first step in this process is deciding what type of financing you want: bank or dealership financing.

Financing through a Bank.

Financing through a bank or credit union involves you doing the work yourself and can help give you a better idea of how much interest you will end up paying for your car. It can also be helpful because it allows you to take out the loan directly from the bank, meaning that there are no additional fees that come with getting financing through a dealership or private company.

However, this process may not always work in your favor , especially if you have a poor credit score, or no long-term credit history. Because banks typically want borrowers with good to excellent credit scores in order for them to approve the loan, this may make it more difficult for people who don’t fit that description. Additionally, there are fees involved when taking out financing through a bank because they need an incentive to offer loans to people with poor credit.

Bank Financing for People with Poor Credit Scores.

If you have a bad or no long-term credit history, then bank financing is not the way that you should go because your chances of getting approved are very slim. If this describes your situation, then don’t worry—there is another way that you can get the car that you want without going through a bank.

Dealership Financing.

Instead of working with your bank to finance your vehicle, there is another option: dealership financing . This method will usually give you a better chance at being approved for a loan since dealerships have more flexibility in who they allow on their lots and who they give financing to. They also offer a much more relaxed application process than banks, which can be helpful if you feel stressed about the whole thing!

Although dealership financing is an excellent option for people with poor credit or no long-term financial history , it can come with a downside . For example, when taking out your loan through a dealership, you will usually end up paying a slightly higher interest rate because of how risky it is to give financing to people who have no credit or bad credit. But Dealerships have relationships with many banks and credit unions and can select the best option and interest available for your unique situation.


In conclusion, deciding whether to get bank or dealership financing is a big decision that should not be made lightly because of all the different factors involved in it. If your credit score falls into the “good” category and you are sure about what kind of car you want , then going through a bank may be the best option for you. If your credit score is not so great , or if you are unsure about what kind of vehicle to get, then it may be better for you to go with dealership financing because they will have more options available that fit into your situation .

The Right Used Car, Truck or SUV: Tips for Selecting the Perfect Vehicle

Choosing a vehicle can be difficult, but when you are looking for a used car, truck or SUV it becomes even more complicated. There are so many factors to take into account that it is easy to become overwhelmed. You need to think about price, the make and model of the vehicle, fuel efficiency and whether or not you want an automatic transmission. The list goes on and on! In this blog post we hope to help simplify your search by providing some tips that will lead you in the right direction when selecting your perfect vehicle at Southtown Motors, Pelham, AL!

You might have a hard time picking out the right vehicle when you’re faced with hundreds of models, body styles; coupes, sedans station wagons pickup trucks and SUVs.

How should you choose your next set of wheels? Do you want to make a statement about who you are, or do have have little ones that need to get to school and soccer practice? If it’s just you and maybe another loved one, than you may want to consider buying a coupe or convertible. A snazzy BMW convertible or Lexus coupe says “yeah, I’m doing well”. They’ll be limited with space, so getting kids in and out won’t be a pleasant chore.

Okay, so you’ve got one or more kids… considering a minivan or SUV. Some SUVs are designed like trucks, but with a higher center of gravity for improved stability and better gas mileage. They’re more car-like than truck-like (which can be good if you have kids).

Truck: If you need to haul around enormous stuff frequently, then a truck may be your best bet. A truck has a high performance engine and can be used to tow large trailers and boats.

Once you’ve narrowed your search to the type of vehicle you need, then you need to think about your budget . Knowing how much you can afford before hitting the dealerships will make things much easier. Now it comes down to selecting the right make and model of the type vehicle you’d like to purchase. But how do you research the best make and model?

Asking a lot of questions is the best way to get started. Ask about safety features, dependability and maintenance costs for each vehicle you are considering buying. The internet can be extremely helpful when it comes down to researching makes and models; reading reviews online will help you find out how others feel about their particular model’s performance in certain conditions.

You’re going to need a vehicle that will get you where you want to go and meet your budget, so don’t rush into things! Take the time needed in order to find the right choice for you. Southtown Motors in Pelham, AL has a great selection of cars, trucks, and SUV’s, so whatever you decide, we’ll help you get into your next vehicle!