Category: Tips and Advice

Read More

Getting Smart with Financing a Car

When shopping for a car, most people do not have the savings to pay for a vehicle with cash. The way it works for most car buyers is that they take out an auto loan to finance the purchase of their new vehicle. It can take several months of saving up and working to build your credit score in order to qualify for a decent rate on a loan. The balance of the car’s price is then paid in monthly installments, usually for five years. While this is the most traditional way to finance a car, it is by no means the only way.

When you purchase a car from a dealership – no matter if it’s new or used – you have a few financing options at your disposal. The dealership will offer you assistance in arranging an auto loan through a preferred lending partner, often in connection with the manufacturer of the car you’re purchasing.

Read More

6 Point Checklist for Buying a Used Car

For many people, the car we drive becomes an extension of our personality. Cars afford comfort, style, and convenience. They offer a fun ride, reliability, and safety despite varying weather conditions and road hazards. Buying a used car differs from buying a new car in that someone else has already owned, cared for, and driven the car before you. It’s important to do your homework before buying a used car as your mileage may vary from one dealership to the next.

If you are looking to purchase a used car, first review this six-point checklist before you even show up on the lot.