You are excited to begin the New Year with a bang! You have already found out your dream car and cannot wait to bring it home. But, will the lender approve your credit application? Will he offer you a loan amount to match the cost of the car plus taxes and registration fees? Learn how a lender decides on the LTV ratio; play the cards right and get the best deal.
Your family stands by you in your times of distress. But, it is better to keep them away from the process of buying a car. Learn why having someone from your family as your cosigner can spell disaster. Know different ways of buying a car on your own. No cosigner car loans being the most important of them.
Buying a car is exciting! So exciting, you often forget to plan auto financing. But, it is not a problem. You can now quit going for long process of financing and instead opt for easy auto financing at the dealership. Shop at your convenience because your dream car and auto financing are waiting for you all under one roof!
It is never a good idea to rush into things, especially when considering a long-term auto loan. Obtaining a long-term auto loan has its own pros and cons. While the pros include reduced monthly payments and the opportunity to repair your damaged credit; the cons include high interest rates and a high probability of a lower resale value on your car.
Suffering from a bad credit score? Don’t have enough cash for making a down payment? Fret not. You can still avail a bad credit no money down auto loan. Trading in your old car, getting a co-signer, aiming for reasonably-prices cars and presenting evidence of a stable income are some tips than can help you in getting the most out of the loan.