Automobile leasing has become very popular as a way to get a new car with little down and lower monthly payments than you would have were you to finance the automobile outright. The biggest difference is that when you buy a car outright and finance it, at the end of the finance term, you own … Continue reading Understanding Automobile Leases
Tag: car
Saving Money while Obtaining a New Auto Loan
Your personal bank verse car dealer financial institutions—which is the best approach when obtaining a loan for the purchase of a new vehicle? Auto dealers are positioned to be a one-stop shop, from search of the vehicle to securing a loan to handing you the keys as you drive off the lot. As easy as … Continue reading Saving Money while Obtaining a New Auto Loan
What to do with ‘Ole Bessie – Trading in your Car
What to do With ‘Ole Bessie? Trading in an automobile can be a very emotional experience, particularly if you have had “‘Ole Bessie” for awhile. Owners often place sentimental value on their vehicle that is higher than the vehicle is actually worth, which makes it difficult when it comes to trading it in for a … Continue reading What to do with ‘Ole Bessie – Trading in your Car
Reading Between the Lines — What Auto Loan Documents Really Say
You’ve negotiated all that you need to negotiate. The purchase price is right. The trade has been successfully negotiated. All that is left is the loan document itself. Read and sign, and you’re on your way, with keys in hand and the salesperson and finance person beaming as you drive away in your new vehicle. … Continue reading Reading Between the Lines — What Auto Loan Documents Really Say
Obtain a Pre-Approved Car Loan for Ease and Convenience
You will afford yourself a great deal of flexibility and savings by getting pre-approved for a car loan before you shop. Following are but a few of the benefits: Pre-approval puts you in the driver’s seat by eliminating the expense and pressure of dealer financing. You will not have to sacrifice dealer rebates or discounts … Continue reading Obtain a Pre-Approved Car Loan for Ease and Convenience
How to Avoid Buying the Wrong Used Car
That car looks great sitting on the lot. You’ve driven by it several times, and you are certain it is calling your name. Is it really a good, dependable car to own? Or is it a lemon that you should avoid? Here are some tips to ensure that your dream car will last much longer … Continue reading How to Avoid Buying the Wrong Used Car
Where to Start when Financing a New Vehicle
Financing a new automobile, but not sure where to start? There are several important factors to consider when financing a new vehicle, but knowing your credit score is critical to understanding how much it could cost you to finance that new car. Credit Score Credit scoring is a method by which creditors determine whether or … Continue reading Where to Start when Financing a New Vehicle
Be Prepared for Negotiating Car Prices
Auto dealers have a pat repertoire of questions designed to pigeon-hole potential car buyers into long-term finance agreements. Regardless of your previous car buying experience, or whether you are looking to buy new, used, or lease, understanding key questions frequently used by auto dealers, as well as pertinent answers, will strengthen your negotiating power: Questions … Continue reading Be Prepared for Negotiating Car Prices
How to Beat the Rising Cost of Fuel
There are ways that you can beat the rising cost of fuel and save some money at the pump.
