Did you know that a car is the second most expensive real asset that most people have? Buying a car is a big decision and can have a meaningful impact on your monthly budget and financial position. As one of the largest used car retailers in California, Shift helps consumers with this question daily. Should you finance or pay in cash? Here are a few things to keep in mind.
One of the most common discussions we have with customers deals with matching the right car to a given budget. It can be tough! We’ve seen cars that cost less than $10k, one car that cost $138k, and thousands of cars in between.
To help you better calibrate your car budget and get a better sense for the Shift inventory that matches it, we’ve created a quick and easy car loan calculator. Continue reading “Navigate Car Loan Calculation More Easily with Shift”
Now that spring is upon us, the new season marks a moment for us to reflect on the past several months of product development at Shift. We’ve been hard at work filling in gaps to build Shift into a streamlined car buying experience for you: Continue reading “Shipping Shift: a Spring Product Roundup”
Plain and simple, getting a loan for a used car is hard. Unreasonably hard. In fact, customers tell us that used car financing is one of the biggest hurdles to buying used at all. Why is that? Continue reading “Why’s It So Hard to Finance a Used Car?”
Starting this month, Shift customers will now have more options and a better chance at getting a low rate when financing their car. We’re happy to announce that Ally and Santander are joining Shift’s network of banks that will compete on your loan application. Continue reading “Two New Financing Options for Shift Customers: Ally and Santander”
“Boy, that was an easy auto financing experience” isn’t something you often hear. At its best, auto financing today is a cumbersome process. At its worst, it’s a predatory nightmare. The financing difficulties we’ve experienced firsthand were a major “aha” moment that’s informed Shift from day one.
Ever since, improving the process has been high on our priority list. Working with our team and partners, we’ve made a lot of progress on this front and today we’re happy to highlight the major improvements we’ve made to make auto financing smoother and simpler than it’s ever been. Continue reading “Used Car Financing Just Got Much Simpler (Finally)”