Archive for August, 2010

Should I Lease or Should I Buy my Next Car?

Saturday, August 21st, 2010

Should I lease or should I buy my next car? They always make leasing sound so easy and much cheaper than buying. Many new automobile owners ask this simple question: should I lease my vehicle or should I purchase my vehicle? There is no easy answer to this question.  Many things are taken into consideration, and you should do what fits your life. Many drivers are very happy leasing vehicles and have done so several times over.  Leasing really caught on 2001-2003. Read More…

Looking at the Options for Auto Finance

Friday, August 20th, 2010

Can one get more options to choose from for auto finance? This is what we are going to look into in brief in this article. Between the two options, which are commonly available to opt from, —dealer or lender— people who are in need of auto finance can choose anyone as per their necessity. Certainly, there are some differences brought down when you eye the alternative of considering a dealer, which will actually make you go for dealership over the option to pick a lender. Experience with a dealer would be as expedient as it could get since you needn’t have to spend much time as it takes in the instance of picking a lender. To add, as the dealer with whom you’re about to make business has all the pertinent details he needs to arrange for your auto finance, the paper work won’t be a real burden to you. Though these make the side of dealership a bit strong, maybe not always, but more often than not, you need to shell out additional bucks to the dealer, and if you don’t have a nice credit rating then the amount (final) to be paid is going to multiply for sure. Read More…

The Ground-Level Basics of Auto Finance

Thursday, August 19th, 2010

Auto finance is what people who aspire to have some wonderful automobile parked in their backyard are searching for. Not all of them who need this are going to get it since their credit score plays quite a crucial role in this regard. Without even a speck of doubt, the one who boasts of having a pretty impressive score might manage to get one under his belt but what about those with a not-so-alluring score to win the hearts of the people in the auto finance company? Do they have any real chance to find any options to ease them through the process of buying an automobile for loan? Yes, they do and that is why people belonging to this class are out with the hope to find some lender who does auto finance to help those with a poor credit history. Read More…

Types of Auto Financing

Wednesday, August 18th, 2010

There are several types of auto financing and they include: Read More…

Auto Finance: the Hardest Part of Buying a Car

Tuesday, August 17th, 2010

The search for your dream car has ended! Now, you’ve found it on the lot of a local dealer. You dickered back and forth and finally the negotiations were completed and you both walked into the auto finance officer’s office, happy. The salesman is happy for the commission, and you are happy because you struck a good deal.  Now you have to deal with the auto finance officer. Read More…

I am at My Next Step: Auto Financing

Monday, August 16th, 2010

I bought that new car I always wanted. The negotiations went smoothly and we agreed on a price and a delivery date, now I need auto financing. The salesman has taken me into the finance officer, and he told me of all of the things I needed to keep my car in good shape and safe. First I would need an extended warranty in the event something should go wrong when the warranty expires. After the automobile is a machine and machines have a way of going wrong at the wrong time. Second I would need undercoating to keep my car from rusting out. Third I would need an alarm system, and I would have a couple to choose from. After all, there is a high volume of car thefts, and I want my car to be protected. Read More…

Auto Finance Explained: An Introduction

Sunday, August 15th, 2010

Payments are different for auto finance for leasing vs. buying a car. Payments when leasing have two parts. Depreciation, which is part of each payment compensating the leasing company for the portion of the vehicle value that was lost while you used the car. When leasing you also compensate the leasing company for interest on the money the lease company has invested in the car while you’re using it.  Payments for buying a car have two parts. You are paying on the actual cost of the car, the principal and on the interest. The interest is the charge for borrowing the money to purchase the car. Although your payments are lower when you lease, that doesn’t necessarily mean you’re getting a better deal than buying. The car depreciates at the same rate, whether you lease it or buy it. Read More…

Fast Auto Finance: Getting the Right Car and the Right Price

Saturday, August 14th, 2010

If you’re in the market for a new or used car, one of the most important things you should care about is the type of auto finance you will use. For many of us will have to get loans to find fast car loan that will appeal not only low, but will be available every time you really go to the dealer. At other times, these loans while you quickly find the car at the dealer, but this may not always be the best option. Read More…

Auto Finance Risk: Taking a Closer Look

Friday, August 13th, 2010

If we experience a major financial loss, a job loss, divorce, or the death of a spouse, we can sometimes drive our credit rating in the wrong direction. We all know what a good feeling we had when we had good credit and could enter a bank and what really gives us what we wanted with our own signature. Unfortunately, when people suffer financial loss, the situation is reversed, and it is almost impossible to loan auto finance or bad credit. So there must be a solution for people who go through the loss? Read More…

Financing your New Vehicle

Friday, August 13th, 2010

When you buy the car of your dreams, you need to consider whether or not you’ll be able to get the financing that you need. If this is a car you really want, or have a huge need for transportation, you’re going to have much less time than the average person. You may need to apply for fast auto finance. This will ensure that you get the car you need, at rates that you can afford. Read More…