The Car Blog

Your Regular Dose of Car Information to keep you on the Right Track

All posts by Jeffery Reynolds

Stuck at Home? Get a Pre-Approved Auto Loan Now; Buy a Car Later

The novel Coronavirus has taken over the world and the only safe place is your home. Use your free time to work towards purchasing your next car. See if your online dealership is open or is available online, research cars from the comfort of your home and get pre-approval while you wait for things to get back to normal. Your car purchasing process will become easier if you sort your financial options while in self-quarantine.

Short-Term Vs Long-Term: Determine the Length of your Auto Loan in a Financially Beneficial Way

Confused between being debt-free early and stretching your budget for a new car? Choosing between a short-term loan and a long-term loan has its set of advantages and disadvantages. Do you want to finish the auto loan quickly? Should you opt for a higher number of months? Let’s understand how the length of your auto loan affects your financial situation. Make a well-thought decision that you will not regret later.