Car Loan Dealers
Tuesday, August 7, 2007
Car Loan Dealers
How To Rent A Car, Without The Headaches
By John Manci
People like to try things before they buy them; cars are no
exception to this rule. Trying a car out before you buy it is
even more important when you consider the amount of money spent
on one and the time spent in one. A great many dealers will let
prospective car buyers test drive a car over night, but is that
really enough time to decide if you want to buy it? If not, you
may want to consider your option to rent a car for a short
period of time.
You will want to ask about any special instructions that are
required of you while renting the car, for example, filling up
the gas tank or pick up and drop off times. Not adhering to
these policies can result in fees.
The rental company may offer you insurance to purchase,
however, your personal auto insurance may be all you need in
the event of an accident with a rental car. Call your auto
insurance agent and ask before paying extra at the rental
counter.
When you call, be sure to ask about price, vehicle
availability, as well as any specials that the branch has to
offer. It is worth noting here, that many of these companies
will have special arrangements with hotels, airlines or even
warehouse stores.
There are a number of choices that are open to you when renting
a car. Each class of car will vary in price and gas mileage;
consider this when making your decision. While many companies
may be willing to upgrade you, this is not always the case. It
is wise to choose the car you want and hope for an upgrade than
to reserve less of a car and be disappointed when an upgrade is
not offered.
It is wise to shop around when looking for to rent a car.
Always find at least three rental car companies to compare,
although more will be better. Be sure to ask all the companies
the same questions to get the most accurate answers. Most
rental car companies will have websites online to find basic
information, but it is best to call as local branches may have
deals that are not advertised online.
Have a credit or debit card handy to reserve the rental car
with, most companies will only guarantee a car with this
assurance.
About the Author: John Mancini has been writing about rental
cars online and offline for a long time. Visit
http://car-rentals-coupons.com or http://budgetrentalcars.info
to read more about matters like budget rent a car and cheap car
rentals.
Source: http://www.isnare.com
By John Manci
People like to try things before they buy them; cars are no
exception to this rule. Trying a car out before you buy it is
even more important when you consider the amount of money spent
on one and the time spent in one. A great many dealers will let
prospective car buyers test drive a car over night, but is that
really enough time to decide if you want to buy it? If not, you
may want to consider your option to rent a car for a short
period of time.
You will want to ask about any special instructions that are
required of you while renting the car, for example, filling up
the gas tank or pick up and drop off times. Not adhering to
these policies can result in fees.
The rental company may offer you insurance to purchase,
however, your personal auto insurance may be all you need in
the event of an accident with a rental car. Call your auto
insurance agent and ask before paying extra at the rental
counter.
When you call, be sure to ask about price, vehicle
availability, as well as any specials that the branch has to
offer. It is worth noting here, that many of these companies
will have special arrangements with hotels, airlines or even
warehouse stores.
There are a number of choices that are open to you when renting
a car. Each class of car will vary in price and gas mileage;
consider this when making your decision. While many companies
may be willing to upgrade you, this is not always the case. It
is wise to choose the car you want and hope for an upgrade than
to reserve less of a car and be disappointed when an upgrade is
not offered.
It is wise to shop around when looking for to rent a car.
Always find at least three rental car companies to compare,
although more will be better. Be sure to ask all the companies
the same questions to get the most accurate answers. Most
rental car companies will have websites online to find basic
information, but it is best to call as local branches may have
deals that are not advertised online.
Have a credit or debit card handy to reserve the rental car
with, most companies will only guarantee a car with this
assurance.
About the Author: John Mancini has been writing about rental
cars online and offline for a long time. Visit
http://car-rentals-coupons.com or http://budgetrentalcars.info
to read more about matters like budget rent a car and cheap car
rentals.
Source: http://www.isnare.com
Tuesday, July 31, 2007
Car Loan Dealers
A Car Buying Guide: The Resale Value Of Your Car
By John G. Nuble
Right off the bat, let's clear one thing up. You will not
profit from buying a car unless you intend to, or are already
in the business of buying and selling cars. Depreciation will
decrease the value of your car the longer you use it, no matter
what. It isn't an investment, so no matter how you carefully
treat it, you can never make the money you bought your car with
back, much more make a profit off it.
Now with that out of the way, here are some tips to guide you
in your car buying expedition, particularly if you do not
intend to keep the car for life. These are tips to maintain the
substantial resale value of your new car. Think of it as
accepting the fate that your first car buying experience will
have to end in a break-up.
- Stick with classic colors and options. A neon green car may
strike your fancy, even if no one really understands why, but
buying a car fit for resale entails sticking to the basics.
- Remember that setting up the car's engines, audio and detail
accessories will not necessarily boost the resale value of your
car. Why juice it up anyway if you know you want a more
expensive car for keeps down the financially stable road?
- There are some detailing jobs that will remain classic resale
boosts: a nice stereo, sun roofs and leather seats.
- Buying a car that is easily maintained helps, too. Readily
available parts and a familiar engine will keep maintenance
hassles to a minimum. Polish it, have regular check ups and get
multi-point inspections done.
- Think about safety when buying a car. Check if the latest
technologies in car safety are present in the car. A safe car
is a more resalable car than muscle-packed, speed mobiles.
Check for airbags, anti-lock breaks, traction control,
electronic stability and side airbags.
- Look for technological adaptability when buying cars. Take
heed from future-minded car manufacturers that make simple cars
that can house future technological advances.
- Take a look at the prospect ten years later when buying cars.
Think if it fits the baseline profile of its type: compact,
sports, luxury, SUV etc. In short, know what buyers expect from
these types of cars.
- Don't go wild with it. A souped up vinyl tattered car is a
hard sell. Think about this before buying a car that costs more
and you plan to turn into a customized bullet.
- Keep your region in mind. Certain features and styles are
expected in certain regions dependent on the terrain and
lifestyle. Why settle for buying a compact car in a mountain
filled county?
- Despite the rising costs of fuel world wide, it is still a
safe bet to decide on buying a car that has a bigger engine.
The logic of which still escapes some.
- Beware of monthly payments for navigation systems and in car
communications systems when buying cars.
Finally, learn to buy a car that you'll enjoy. Financial advice
is wise, but worthless if you ride a vehicle you didn't want to
be caught dead in when you were still fantasizing about buying
your car.
About the Author: John G. Nuble 2005. For up to date links and
information about car buying, please go to:
http://car-buying-guide.us/
Source: http://www.isnare.com
By John G. Nuble
Right off the bat, let's clear one thing up. You will not
profit from buying a car unless you intend to, or are already
in the business of buying and selling cars. Depreciation will
decrease the value of your car the longer you use it, no matter
what. It isn't an investment, so no matter how you carefully
treat it, you can never make the money you bought your car with
back, much more make a profit off it.
Now with that out of the way, here are some tips to guide you
in your car buying expedition, particularly if you do not
intend to keep the car for life. These are tips to maintain the
substantial resale value of your new car. Think of it as
accepting the fate that your first car buying experience will
have to end in a break-up.
- Stick with classic colors and options. A neon green car may
strike your fancy, even if no one really understands why, but
buying a car fit for resale entails sticking to the basics.
- Remember that setting up the car's engines, audio and detail
accessories will not necessarily boost the resale value of your
car. Why juice it up anyway if you know you want a more
expensive car for keeps down the financially stable road?
- There are some detailing jobs that will remain classic resale
boosts: a nice stereo, sun roofs and leather seats.
- Buying a car that is easily maintained helps, too. Readily
available parts and a familiar engine will keep maintenance
hassles to a minimum. Polish it, have regular check ups and get
multi-point inspections done.
- Think about safety when buying a car. Check if the latest
technologies in car safety are present in the car. A safe car
is a more resalable car than muscle-packed, speed mobiles.
Check for airbags, anti-lock breaks, traction control,
electronic stability and side airbags.
- Look for technological adaptability when buying cars. Take
heed from future-minded car manufacturers that make simple cars
that can house future technological advances.
- Take a look at the prospect ten years later when buying cars.
Think if it fits the baseline profile of its type: compact,
sports, luxury, SUV etc. In short, know what buyers expect from
these types of cars.
- Don't go wild with it. A souped up vinyl tattered car is a
hard sell. Think about this before buying a car that costs more
and you plan to turn into a customized bullet.
- Keep your region in mind. Certain features and styles are
expected in certain regions dependent on the terrain and
lifestyle. Why settle for buying a compact car in a mountain
filled county?
- Despite the rising costs of fuel world wide, it is still a
safe bet to decide on buying a car that has a bigger engine.
The logic of which still escapes some.
- Beware of monthly payments for navigation systems and in car
communications systems when buying cars.
Finally, learn to buy a car that you'll enjoy. Financial advice
is wise, but worthless if you ride a vehicle you didn't want to
be caught dead in when you were still fantasizing about buying
your car.
About the Author: John G. Nuble 2005. For up to date links and
information about car buying, please go to:
http://car-buying-guide.us/
Source: http://www.isnare.com
Friday, July 27, 2007
Car Loan Dealers
Car Loan After Bankruptcy
By Terje Ellingsen
Although a car loan after bankruptcy is difficult to obtain, it
is not impossible. While a bad credit loan is fairly easy to
obtain in today's competitive finance market, the situation is
different with any loans or credits after bankruptcy. So the
question you must ask and which I will try to answer is: Can I
get a vehicle loan after I filed a bankruptcy? And my answer
is: Yes you can. Then you may ask; how? Well, here are the
options:
- You can get an unsecured loan, but you have to wait two to
three years after you filed bankruptcy or
- You can get a loan even the day after you filed bankruptcy,
if you have collateral or
- If you have made a down payment in order you can apply for a
loan from a company who specialize in bad credit financing.
The internet is a good place to find the lenders and all
information you need. Be aware that most finance companies will
refuse your application until 3 years after you filed
bankruptcy. There are companies out there however, that are
more keen than the majority to grant you an after bankruptcy
car loan - the challenge is to find them. One way is to search
for and join a credit union. A union is an organization with
the purpose of helping it's members financially. The
probability of getting a loan after bankruptcy is higher with a
credit union than with other companies.
Whatever you do to get a loan, you have to start rebuilding
your credit immediately. This is the best way to get the
financing you want in the future. There are several ways to do
that. One way is to put all the money you can into a saving
account. Another way is to apply for a prepaid credit card. Be
very careful with paying it off timely every month. This will
increase your credit rate little by little, and your credit
limits will also gradually increase.
A bankruptcy is not the end of the world but an instrument for
giving people a new financial chance. Try all of the advices I
gave you above. If you don't succeed the first time try one
more time or even more than that if necessary. And most
important; start rebuilding your credit today.
About the Author: Terje Brooks Ellingsen is an internet
publisher. He runs the website
http://www.cheap-used-cars.w-eland.com Terje gives advice and
helps people with automotive issues like car loans, see
http://www.cheap-used-cars.w-eland.com/used_car_loans.htm and
car purchasing on the internet, see
http://www.cheap-used-cars.w-eland.com/buy_used_cars.htm.
Source: http://www.isnare.com
By Terje Ellingsen
Although a car loan after bankruptcy is difficult to obtain, it
is not impossible. While a bad credit loan is fairly easy to
obtain in today's competitive finance market, the situation is
different with any loans or credits after bankruptcy. So the
question you must ask and which I will try to answer is: Can I
get a vehicle loan after I filed a bankruptcy? And my answer
is: Yes you can. Then you may ask; how? Well, here are the
options:
- You can get an unsecured loan, but you have to wait two to
three years after you filed bankruptcy or
- You can get a loan even the day after you filed bankruptcy,
if you have collateral or
- If you have made a down payment in order you can apply for a
loan from a company who specialize in bad credit financing.
The internet is a good place to find the lenders and all
information you need. Be aware that most finance companies will
refuse your application until 3 years after you filed
bankruptcy. There are companies out there however, that are
more keen than the majority to grant you an after bankruptcy
car loan - the challenge is to find them. One way is to search
for and join a credit union. A union is an organization with
the purpose of helping it's members financially. The
probability of getting a loan after bankruptcy is higher with a
credit union than with other companies.
Whatever you do to get a loan, you have to start rebuilding
your credit immediately. This is the best way to get the
financing you want in the future. There are several ways to do
that. One way is to put all the money you can into a saving
account. Another way is to apply for a prepaid credit card. Be
very careful with paying it off timely every month. This will
increase your credit rate little by little, and your credit
limits will also gradually increase.
A bankruptcy is not the end of the world but an instrument for
giving people a new financial chance. Try all of the advices I
gave you above. If you don't succeed the first time try one
more time or even more than that if necessary. And most
important; start rebuilding your credit today.
About the Author: Terje Brooks Ellingsen is an internet
publisher. He runs the website
http://www.cheap-used-cars.w-eland.com Terje gives advice and
helps people with automotive issues like car loans, see
http://www.cheap-used-cars.w-eland.com/used_car_loans.htm and
car purchasing on the internet, see
http://www.cheap-used-cars.w-eland.com/buy_used_cars.htm.
Source: http://www.isnare.com
Thursday, July 26, 2007
Car Loan Dealers
Car Loan Quote - Comparing Loan Quotes
By Carrie Reeder
Don't settle for the first auto loan quote that crosses your
path. There are various methods now-a-days in which individuals
can acquire an auto loan. Be sure to compare all the pros and
cons of each method to ensure you are getting the best bang for
your buck. There are four main ways to acquire an auto loan
quote: dealer loans, credit unions, home equity, or with online
quotes.
Dealership Auto Loan
Dealership loans are fairly common. In the past, a dealership
loan was the only way to finance a vehicle. Times have
certainly changed! One thing is certain, dealership loans are
convenient. While you sit and fill out papers for the vehicle
you will purchase, you might as well fill out papers for a loan
to finance that car. Yes, dealership loans are quite simple,
however, sometimes they are not in your best interest.
Convenience doesn't come free. Many times, these loans have
higher interest rates than if you were to find a loan by
yourself.
Credit Unions
Credit unions are a great option for auto financing. They can
quote much larger loan amounts for a lower interest rate that
an auto dealership. Also, the extra time you will spend with a
credit union is not overwhelming. Many times credit unions can
approve you for a loan in mere minutes. Although one extra
phone call needs to be made, there is not much effort on your
end.
Home Equity
A home equity loan is another option for car financing. Using a
home equity loan allows you to purchase your vehicle while using
your home as collateral. On paper, home equity loans may appear
to have a higher interest rate than standard car loans.
However, the fact that the interest you will pay is tax
deductible may present significant advantages.
Online quote
One of the quickest growing industries online is the financing
industry. Now, you can simply go to a credit website and
compare quotes and loan terms. There are even websites where
banks and lenders will compete for your business. This is
beneficial to you because it means lower interest rates and
shorter auto loan terms.
The moral of the story is: be sure to check all options before
signing an auto loan. There are many different methods to get
auto financing quotes. Depending on your situation, each auto
loan method can present certain advantages and disadvantages.
About the Author: View our recommended lenders for Car Finance
Loans http://www.abcloanguide.com/autoloans.shtml.
Source: http://www.isnare.com
By Carrie Reeder
Don't settle for the first auto loan quote that crosses your
path. There are various methods now-a-days in which individuals
can acquire an auto loan. Be sure to compare all the pros and
cons of each method to ensure you are getting the best bang for
your buck. There are four main ways to acquire an auto loan
quote: dealer loans, credit unions, home equity, or with online
quotes.
Dealership Auto Loan
Dealership loans are fairly common. In the past, a dealership
loan was the only way to finance a vehicle. Times have
certainly changed! One thing is certain, dealership loans are
convenient. While you sit and fill out papers for the vehicle
you will purchase, you might as well fill out papers for a loan
to finance that car. Yes, dealership loans are quite simple,
however, sometimes they are not in your best interest.
Convenience doesn't come free. Many times, these loans have
higher interest rates than if you were to find a loan by
yourself.
Credit Unions
Credit unions are a great option for auto financing. They can
quote much larger loan amounts for a lower interest rate that
an auto dealership. Also, the extra time you will spend with a
credit union is not overwhelming. Many times credit unions can
approve you for a loan in mere minutes. Although one extra
phone call needs to be made, there is not much effort on your
end.
Home Equity
A home equity loan is another option for car financing. Using a
home equity loan allows you to purchase your vehicle while using
your home as collateral. On paper, home equity loans may appear
to have a higher interest rate than standard car loans.
However, the fact that the interest you will pay is tax
deductible may present significant advantages.
Online quote
One of the quickest growing industries online is the financing
industry. Now, you can simply go to a credit website and
compare quotes and loan terms. There are even websites where
banks and lenders will compete for your business. This is
beneficial to you because it means lower interest rates and
shorter auto loan terms.
The moral of the story is: be sure to check all options before
signing an auto loan. There are many different methods to get
auto financing quotes. Depending on your situation, each auto
loan method can present certain advantages and disadvantages.
About the Author: View our recommended lenders for Car Finance
Loans http://www.abcloanguide.com/autoloans.shtml.
Source: http://www.isnare.com
Monday, July 23, 2007
Car Loan Dealers
Auto Financing - 5 Ways to Save Money on Your Next Vehicle Loan
By L. Sampson
Don't get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan.
1. Research Invoice and Make Offer
Never pay sticker price for a new automobile. Before stepping foot on the showroom floor, research the vehicle. Several online websites provide the public with dealership information such as invoice price, hold-backs, rebates, etc. Determine a vehicle's invoice price (the dealer's costs), increase the price by 2%, and make the dealership an offer.
2. Be Flexible
Timing a vehicle purchase is everything. Several auto dealerships establish monthly sales goal. If the targeted sales goal is met or exceeded, the dealership receives a bonus from the manufacturer. On the last day of the month, the dealership is more likely to offer buyer incentives and a good deal on the vehicle. To make room for new shipments, the dealership might sell the vehicle at invoice price.
3. Avoid "No Money Down" Loans
"No money down" vehicle loans are attractive. Buyers can walk into a dealership and drive away in a new vehicle with no out-of-pocket expense. If looking to save money on your next vehicle loan, prepare in-advance and save for a down payment. With a down payment, you'll finance a lesser amount, and qualify for a reduced interest rate.
4. Accept a Short Loan Term
The average loan term is 60 months. To save money on the vehicle, think about accepting a shorter loan term, perhaps 36 or 48 months. Several auto lenders offer better rates on short term loans, and borrowers pay less interest. Of course, a shorter term equals higher payments. Before choosing the traditional five-year term, request an auto loan quote, and review monthly payment amounts for a three-year and four-year loan. Select the loan you can afford.
5. Get Pre-approved
Don't walk into the dealership without a pre-approval letter. If you want to get a low rate loan and save money, compare rates with different lenders. Getting pre-approved for an auto loan takes minutes. Complete an application with your personal bank, credit union, finance company, or online auto loan broker. Go with the lender that offers the best deal.
List of Recommended Auto Financing Companies Online - We maintain a list of recommended, reputable car financing companies online. We update the list regularly.
Recommended Car Loan Companies For People With Bad Credit - If you have credit problems, try applying here first.
Article Source: http://EzineArticles.com/?expert=L._Sampson
http://EzineArticles.com/?Auto-Financing---5-Ways-to-Save-Money-on-Your-Next-Vehicle-Loan&id=497715
By L. Sampson
Don't get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan.
1. Research Invoice and Make Offer
Never pay sticker price for a new automobile. Before stepping foot on the showroom floor, research the vehicle. Several online websites provide the public with dealership information such as invoice price, hold-backs, rebates, etc. Determine a vehicle's invoice price (the dealer's costs), increase the price by 2%, and make the dealership an offer.
2. Be Flexible
Timing a vehicle purchase is everything. Several auto dealerships establish monthly sales goal. If the targeted sales goal is met or exceeded, the dealership receives a bonus from the manufacturer. On the last day of the month, the dealership is more likely to offer buyer incentives and a good deal on the vehicle. To make room for new shipments, the dealership might sell the vehicle at invoice price.
3. Avoid "No Money Down" Loans
"No money down" vehicle loans are attractive. Buyers can walk into a dealership and drive away in a new vehicle with no out-of-pocket expense. If looking to save money on your next vehicle loan, prepare in-advance and save for a down payment. With a down payment, you'll finance a lesser amount, and qualify for a reduced interest rate.
4. Accept a Short Loan Term
The average loan term is 60 months. To save money on the vehicle, think about accepting a shorter loan term, perhaps 36 or 48 months. Several auto lenders offer better rates on short term loans, and borrowers pay less interest. Of course, a shorter term equals higher payments. Before choosing the traditional five-year term, request an auto loan quote, and review monthly payment amounts for a three-year and four-year loan. Select the loan you can afford.
5. Get Pre-approved
Don't walk into the dealership without a pre-approval letter. If you want to get a low rate loan and save money, compare rates with different lenders. Getting pre-approved for an auto loan takes minutes. Complete an application with your personal bank, credit union, finance company, or online auto loan broker. Go with the lender that offers the best deal.
List of Recommended Auto Financing Companies Online - We maintain a list of recommended, reputable car financing companies online. We update the list regularly.
Recommended Car Loan Companies For People With Bad Credit - If you have credit problems, try applying here first.
Article Source: http://EzineArticles.com/?expert=L._Sampson
http://EzineArticles.com/?Auto-Financing---5-Ways-to-Save-Money-on-Your-Next-Vehicle-Loan&id=497715
Car Loan Dealers
Auto Loan - Funding The Car You Always Wanted
By Joseph Kenny
Buying a car is no longer a luxury, but a necessity today. Even
so, owning one is still beyond the reach of the average person.
An auto loan is the answer to overcome this monetary hurdle.
Since a loan would require periodical repayments to be made, an
assessment of the monthly family expenses would be helpful in
deciding how much ought to be allocated toward car repayments.
Though a twenty percent spend from the monthly budget is
advised by expert opinion, it must be determined on a personal
basis, of course.
However, before applying for the car loan, one needs to make
sure what one wants and how much it will cost. The search for a
suitable make and model should begin keeping in mind the
family’s size, lifestyle, and what one can afford. This would
include the options of a new or used machine. A balanced
approach would be best when selecting a model. The sports coupe
may look fabulous, but may not suit your budget, or your needs.
The more sober sedan may be the right one for you.
If you decide in favor of a new machine, being aware of the
manufacturer’s rebates and concessions on offer would be
prudent. Magazines, such as Automotive news, Consumer News, New
Car Price Service, etc., are a rich and reliable source of such
information, which include dealer costs for various makes and
models. You could check for other free deals too, such as
extended warranties, free accessories, etc.
It is a good idea to gather as much information as possible
before actually buying your car. Researching on the web,
talking to various dealers, collecting and studying brochures
and other material would be a good way to begin. In addition,
you could put together a folder with all the information you’ve
garnered, to show the dealer whom you’re buying from, to let him
know exactly what you have in mind. This has the added advantage
of telling your dealer that you are aware of other options
available, along with the prices. You could also keep him
guessing about whether you actually will buy from him, or go to
a competitor, to get the best deal from your car dealer.
You can get your purchase financed through a bank, credit union
or even the dealer, or any other financial institution. The
preferable option would be to get a prior approval from a
credit union, as their interest rates are generally lower than
the bank. Keep in mind that interest rates for new cars are
lower than those applicable to used cars, and that the period
of repayment for the new ones is also longer. However, the
interest rates for a very long repayment schedule of 72 or 84
months will eventually cost much more, which will be advisable
to avoid.
Once you’ve taken care of the nitty-gritty involved in choosing
the car you always wanted and getting the loan for it, drive
home in your dream car, confident that you have got the best
deal against your loan.
About the Author: Joseph Kenny writes for the UK personal
finance sites http://www.ukpersonalloanstore.co.uk and also
http://www.cardguide.co.uk
Source: http://www.isnare.com
By Joseph Kenny
Buying a car is no longer a luxury, but a necessity today. Even
so, owning one is still beyond the reach of the average person.
An auto loan is the answer to overcome this monetary hurdle.
Since a loan would require periodical repayments to be made, an
assessment of the monthly family expenses would be helpful in
deciding how much ought to be allocated toward car repayments.
Though a twenty percent spend from the monthly budget is
advised by expert opinion, it must be determined on a personal
basis, of course.
However, before applying for the car loan, one needs to make
sure what one wants and how much it will cost. The search for a
suitable make and model should begin keeping in mind the
family’s size, lifestyle, and what one can afford. This would
include the options of a new or used machine. A balanced
approach would be best when selecting a model. The sports coupe
may look fabulous, but may not suit your budget, or your needs.
The more sober sedan may be the right one for you.
If you decide in favor of a new machine, being aware of the
manufacturer’s rebates and concessions on offer would be
prudent. Magazines, such as Automotive news, Consumer News, New
Car Price Service, etc., are a rich and reliable source of such
information, which include dealer costs for various makes and
models. You could check for other free deals too, such as
extended warranties, free accessories, etc.
It is a good idea to gather as much information as possible
before actually buying your car. Researching on the web,
talking to various dealers, collecting and studying brochures
and other material would be a good way to begin. In addition,
you could put together a folder with all the information you’ve
garnered, to show the dealer whom you’re buying from, to let him
know exactly what you have in mind. This has the added advantage
of telling your dealer that you are aware of other options
available, along with the prices. You could also keep him
guessing about whether you actually will buy from him, or go to
a competitor, to get the best deal from your car dealer.
You can get your purchase financed through a bank, credit union
or even the dealer, or any other financial institution. The
preferable option would be to get a prior approval from a
credit union, as their interest rates are generally lower than
the bank. Keep in mind that interest rates for new cars are
lower than those applicable to used cars, and that the period
of repayment for the new ones is also longer. However, the
interest rates for a very long repayment schedule of 72 or 84
months will eventually cost much more, which will be advisable
to avoid.
Once you’ve taken care of the nitty-gritty involved in choosing
the car you always wanted and getting the loan for it, drive
home in your dream car, confident that you have got the best
deal against your loan.
About the Author: Joseph Kenny writes for the UK personal
finance sites http://www.ukpersonalloanstore.co.uk and also
http://www.cardguide.co.uk
Source: http://www.isnare.com
Friday, July 20, 2007
Car Loan Dealers
Inexpensive Motor Vehicle Loans Based On Equity
By Kate Ross
Motor vehicle loans, being not so common, have little flexibility in terms of monthly installments’ amounts and thus, many think that if they can’t afford the monthly payments they can’t afford to purchase their dreamed vehicle. But truth is that there are other sources of finance with much better terms.
Motor Vehicle loans based on equity can provide you with all the finance you need and due to the benefits real estate equity provides you can obtain more advantageous loan terms than with regular motor vehicle loans whether they are secured or unsecured. Thus, if you need finance and can’t afford the monthly payments of regular motor vehicle loans, consider loans based on equity as an alternative.
Home Ownership Is A Must
Equity is the difference between the market price of a property and the amount of debt guaranteed by it. Motor Vehicles also have equity when a motor vehicle loan balance is lower than the market price of the vehicle. However, loans based on the available equity of a motor vehicle are not common and when we refer to loans based on equity we mean home equity.
Thus, in order to obtain loans for purchasing motor vehicles based on equity, you’ll need to be a home owner. This limits these loan niche a bit, but yet, those who qualify, can get real great terms on their loans and finance the purchase of their motor vehicles at a really low cost compared to unsecured motor vehicle loans and even to secured motor vehicle loans.
Benefits Of Loans Based On Equity
Loans based on equity carry many benefits compared to loans that are not secured. For starters, getting approved for a loan based on equity is a lot easier. There are fewer credit and income requirements for qualifying and you can also get significantly more advantageous terms on your motor vehicle loan this way.
The interest rates charged for loans based on equity are as low as half the rate of unsecured loan or even more. The repayment programs of these loans are significantly more flexible and you can extend them in order to obtain lower monthly payments so as to fit your budget. And last, but not least, these loans provide higher loan amounts which can let you purchase more expensive motor vehicles without having to resort to leasing contracts or other financial products that in the long run end up being more onerous.
The Cheap Financing Solution
Motor Vehicle Loans based on equity are the perfect solution that combines inexpensive financing with higher loan amounts, both characteristics that come very handy when you want to purchase a motor vehicle. In order to find a lender you can search for motor vehicle loans or home equity loans as not all motor vehicle lenders deal with loans secured with home equity. However, with home equity loans the money can be used for whatever purpose, including motor vehicle purchases.
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Kate Ross is a professional consultant at Speedybadcreditloans.com.
You can click here to read more useful articles on this and other financial issues.
Article Source: http://EzineArticles.com/?expert=Kate_Ross
http://EzineArticles.com/?Inexpensive-Motor-Vehicle-Loans-Based-On-Equity&id=482882
By Kate Ross
Motor vehicle loans, being not so common, have little flexibility in terms of monthly installments’ amounts and thus, many think that if they can’t afford the monthly payments they can’t afford to purchase their dreamed vehicle. But truth is that there are other sources of finance with much better terms.
Motor Vehicle loans based on equity can provide you with all the finance you need and due to the benefits real estate equity provides you can obtain more advantageous loan terms than with regular motor vehicle loans whether they are secured or unsecured. Thus, if you need finance and can’t afford the monthly payments of regular motor vehicle loans, consider loans based on equity as an alternative.
Home Ownership Is A Must
Equity is the difference between the market price of a property and the amount of debt guaranteed by it. Motor Vehicles also have equity when a motor vehicle loan balance is lower than the market price of the vehicle. However, loans based on the available equity of a motor vehicle are not common and when we refer to loans based on equity we mean home equity.
Thus, in order to obtain loans for purchasing motor vehicles based on equity, you’ll need to be a home owner. This limits these loan niche a bit, but yet, those who qualify, can get real great terms on their loans and finance the purchase of their motor vehicles at a really low cost compared to unsecured motor vehicle loans and even to secured motor vehicle loans.
Benefits Of Loans Based On Equity
Loans based on equity carry many benefits compared to loans that are not secured. For starters, getting approved for a loan based on equity is a lot easier. There are fewer credit and income requirements for qualifying and you can also get significantly more advantageous terms on your motor vehicle loan this way.
The interest rates charged for loans based on equity are as low as half the rate of unsecured loan or even more. The repayment programs of these loans are significantly more flexible and you can extend them in order to obtain lower monthly payments so as to fit your budget. And last, but not least, these loans provide higher loan amounts which can let you purchase more expensive motor vehicles without having to resort to leasing contracts or other financial products that in the long run end up being more onerous.
The Cheap Financing Solution
Motor Vehicle Loans based on equity are the perfect solution that combines inexpensive financing with higher loan amounts, both characteristics that come very handy when you want to purchase a motor vehicle. In order to find a lender you can search for motor vehicle loans or home equity loans as not all motor vehicle lenders deal with loans secured with home equity. However, with home equity loans the money can be used for whatever purpose, including motor vehicle purchases.
---
Kate Ross is a professional consultant at Speedybadcreditloans.com.
You can click here to read more useful articles on this and other financial issues.
Article Source: http://EzineArticles.com/?expert=Kate_Ross
http://EzineArticles.com/?Inexpensive-Motor-Vehicle-Loans-Based-On-Equity&id=482882
