Archive for June, 2010

Choosing Between Auto Finance Leasing and Buying Part I

Wednesday, June 30th, 2010

When going for auto finance, there are a number of procedures which a borrower can go through. Leasing and buying are the most popular of these options. Many car buyers have a common query as to what should be chosen between leasing and buying. It can get more confusing when asked for opinion as some experts say that leasing should be preferred while others give more importance to buying the vehicle. Overall, the choice of auto finance depends on whether the borrower is looking for a long term buy or wishes to switch his/her car after a couple of years. Read More…

Benefits of Auto Finance Through Credit Unions Part II

Tuesday, June 29th, 2010

When going for auto finance, there are several options which a loan applicant can go through for the finances – banks, lenders, car dealerships and credit unions. Out of these options, there are very few people who know the range of benefits provided by a credit union. Basically, an individual has to pay a small membership to gain the facilities provided by credit unions. These facilities include saving accounts, different loan offers such as auto finance, personal loans, boat/RV loans, credit cards and even house loans. Read More…

Benefits of Auto Finance Through Credit Unions Part I

Monday, June 28th, 2010

Nowadays, it has become easier to get approved for auto finance than it was a few years back. Now, the applicant can go to credit unions, dealerships, lending institutions and special lenders also. However, there are many applicants who prefer dealerships over online lenders and credit unions as they feel more comfortable explaining their woes (if any) to a car dealer. But, very few people know that credit unions have a range of benefits for their members and some of them are mentioned in the following lines: Read More…

Tips to Find the Best Auto Finance Broker Part III

Sunday, June 27th, 2010

The competition in the lending market these days has made it easier for loan applicants to get approved without having to go through the problems which were commonly seen a few years back. However, more choices can also cause confusion as to which lender/dealership is best suited for you. In these cases, an auto finance broker can help his/her clients to decide on which lender/dealer is the best and which offer provides the most savings. These are lending professionals which know about all the current auto finance market and also have the contacts to ensure that their client gets the best deals. However, there are a number of options when it comes to brokers too and it is best to follow the following advice to find the best broker. Read More…

Tips to Find the Best Auto Finance Broker Part II

Saturday, June 26th, 2010

Auto finance brokers are professionals who help first time loan applicants (or applicants who are having trouble finding a good lender) in getting approved for an auto loan. These provide services like providing assistance on how credit score can be improved, which lenders are trustworthy, what is the best finance amount (according to applicant’s budget) etc. However, there are some things which an applicant should know before choosing a finance broker. Read More…

Tips to Find the Best Auto Finance Broker Part I

Friday, June 25th, 2010

The large number of options available in the auto finance industry has made it much more difficult for new buyers to easily apply for a loan. It can be confusing and overwhelming as to where the search should begin and what queries should be asked. Going to an auto finance broker can be one of the best options in these cases. These personnel have the most in depth knowledge regarding financing and are there to ensure that their clients get the best deal possible. However, to ensure that you go to a proficient broker, the below mentioned advice should be kept in mind. Read More…

Do Not Get Drawn In By Auto Finance Hype

Thursday, June 24th, 2010

Many people don’t know this but there are many auto finance companies especially the new ones that create lots of hype in order to attract the max number of people. The problem with hype is that often times these companies use slick advertising coupled with misstatements in order to get people to call or email them. This is especially true for online auto finance companies. Keep in mind though that most auto finance companies online are indeed cheaper than their offline counterparts. So if you come across advertisements that talk about cheap auto finance it may just be true. Read More…

What to Know About Auto Finance

Wednesday, June 23rd, 2010

In this live, we spend all of our lives working in order to live a better life; a life full of happiness and free of pain. We as human beings always want the best in life and that is why we work. We want the flashy cars, huge mansions, good schools for our children, wear the best of clothes and jewelry and so on but for most people having their dream car is the best thing they will never want to pass by and this is when auto finance comes in. These days, it is very easy to find less expensive finance schemes for your dream car if you know the right things to do and what not to do. Read More…

Taking Auto Finance and Calculated Risks

Tuesday, June 22nd, 2010

Many people may not know this but there is a huge financial risk associated with auto finance. With people losing their jobs and companies closing throughout the United States you need to think about if this is the risk you want to take. The biggest reason why I call auto finance a risk is because if you can’t continue to pay your monthly payments the repossession company is just to drive away with your car. This may be the worst case scenario but it is something you need to think about and plan in advance. Read More…

Five Precious Auto Finance Rules

Monday, June 21st, 2010

Auto finance is a huge industry which also means that the auto finance industry is also very competitive. As with all highly competitive businesses there are many businesses that try to rely on false promises and hype to attract people. However from a shopper’s perspective lots of competition will mean lots of choice but it also means that they have to aware of potential traps set by seedy companies or individuals. Read More…