Auto financing options include dealer and bank or credit union loans, leasing, and direct loans from auto sellers. Car loans have changed due to this economic downturn and it is important to understand them.
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Auto Loans - Knowledge from e-wisdom.com |
Ultimate guide to auto financing
Posted in:
Auto Loans
Auto financing options include dealer and bank or credit union loans, leasing, and direct loans from auto sellers. Car loans have changed due to this economic downturn and it is important to understand them.
Gap insurance explained
Posted in:
Auto Insurance,
Auto Loans
Gap insurance is often overlooked and sometimes misunderstood. Should your newer auto suffer a terminal accident or theft, gap insurance will pay off your loan if your balance is more than the value of your car.
Understanding the Truth in Lending Act
Enacted in 1968, The Truth in Lending Act came into being for the sole purpose of keeping borrowers from falling victim to predatory lenders. The law mandates that lenders are responsible for making sure that consumers are aware of what they are agreeing to when they borrow money.
Pros and cons of auto leasing
Posted in:
Auto Loans,
Personal Finance
When is leasing a car a good idea? Leasing can be a wise decision in certain circumstances. Just like any other financial decision, however, it is vitally important to analyze and weigh the costs versus the benefits before signing on the dotted line.
Leasing vs. buying: Determining the best option
Posted in:
Personal Finance,
Auto Loans
The decision about whether to lease or buy your new vehicle should be based on a number of different factors. Your personal budget and financial limitations should not be your only consideration; you also need to determine what your long-term goals are, and decide how you intend to use the vehicle as well.
Five things to know about auto loans
Posted in:
Personal Finance,
Auto Loans
Auto loans can be tricky to understand and negotiate until you learn some very basic facts about the process. For many people, a simple lack of information is the biggest obstacle to getting the best possible deal on a auto loan. Consider these five things before making your next auto loan decision.
