You don’t have to follow the car industry closely to know that car prices, particularly used car prices, reached all time highs in recent years as manufacturers grappled with supply chain disruptions caused by the pandemic, global conflicts, union strikes, and rising inflation. This phenomenon peaked in 2022, when many used cars were selling for […]
Category: Finance
Working with a Dealership For Financing Instead of a Bank or Credit Union
There’s no denying that having a reliable method of transportation is essential for the average consumer. And when it comes to getting behind the wheel of one, many people look to obtain assistance with getting their vehicle financed. The question becomes, which option is the best? Some opt to pursue financing through a bank or […]
Car Rental 101: Common Questions and Answers
No one is born knowing how to rent a car or what terms and conditions to be aware of, yet it is something so commonplace that it is easy to feel foolish asking fundamental questions about it. However, asking questions is always a good idea. Before jumping into anything—even something as straightforward as a short-term […]
Auto Financing and the Factors That Impact Your APR
Shopping for cars is becoming increasingly convenient with new and inventive online platforms that make the whole experience faster and easier. But even with such advancements in car-buying techniques, auto financing still challenges many buyers due to its complexity. Multiple options are available for taking out an auto loan, including cost-effective solutions at your fingertips. […]
Looking to Trade? Everything You Need to Know About Trading a Financed Vehicle
Another vehicle has caught your eye, and you know it’s more suitable to your driving needs, but you’re still making payments on your current car. Ideally, you want to trade but don’t own your vehicle outright. Are you stuck window shopping until you finally pay off the loan? Is there even a point to using […]
5 Financing Tips for People with Poor Credit
Having poor or little credit history can make the car-buying process incredibly frustrating – you might even feel like buying a vehicle is beyond your reach. Thankfully, that is not the case, and there are certain things you can do and keep in mind while looking at your bad credit car finance options. In […]
Good News! You Can Get a Car Loan With Bad Credit
So, your credit has taken a hit. Or maybe, like a lot of us, it was never that great, to begin with. Perhaps you are just starting out, and you have little to no credit. That does not mean that you cannot get a car loan. There are options out there for bad credit […]
Three Car Loan Horror Stories
Perhaps one of the most overwhelming parts of the car-buying process is securing a loan from a lender. While you can read article upon article about how to handle the situation, you might still second guess your decision when you ultimately opt for a deal. While all of that “expert advice” is certainly helpful, one […]
3 Things to Know About a Used Car Before Buying
Shopping for used cars can be a tricky and overwhelming process. First, you need to figure out what you can afford. Then, you need to decide what type of model you’re going to buy. Car, truck, SUV, wagon, crossover? After that, you need to decide where you’re going to buy it from. This could be […]
An Ode to Our Least Favorite Parts of Securing Auto Loans
Finding the right auto loan option can be painful, especially if you’re working with a less-than-friendly auto dealer who just happens to be near your home. Between pushy salespeople trying to get you to sign on to high monthly payments to shady marketing tactics that end up forcing you to pay more than the vehicle […]
Lease, Finance , Or Buy It Outright?
As you consider picking out your next set of wheels, it’s likely that you have also mulled over your different car-acquiring options. Essentially, three of them exist – lease, finance, or buy outright. The third option is not one available to most American car shoppers, and unless you recently won big on The Price is […]
Credit Trouble? A Buy Here, Pay Here Dealership is Your Answer
Credit trouble? That sucks, especially when you’re trying to find an auto loan. It’s going to be more difficult, and some places might not even consider extending a loan your way, including used car dealers and banks. So, how will you get a car? Well, you could always shop on Craigslist and buy a used beater, but that […]
10 Things That Don’t Hurt Your Credit Score
Trying to buy a car with bad credit can seem like an uphill battle. A bad credit auto loan can give you more options, providing you with the funding you need despite your spotty credit history and ensuring that you get reasonable rates to make your new car affordable. Improving your credit even a little […]