When you're in the market to buy a new car, you might think only about the total cost of the vehicle. After all, that's what determines whether or not you can afford it, right? However, this approach can be a bit shortsighted. In reality, you need to think about how much you're willing to pay in the form of a down payment on this car. This amount will determine how much car you can actually afford.
Continue Reading »When you go to buy a car, your first instinct may be to opt for a financing plan that has a very low down payment. After all, the less you have to pay upfront, the better, right?
But this is a misguided way of thinking, especially since depreciation will devalue your car the moment you drive it off of the lot. With a super low down payment, you'll wind up spending more on the car than what it's worth. That's not a good way to enter into a new purchasing agreement.
Continue Reading »When you decide to buy a new car, you have to consider a lot of different factors. For instance, you might be confused about what the price actually includes. Do you just get the car or are there other perks involved? In reality, the cost of the car you buy takes into account more than just the vehicle in most cases. This initial price may scare you off a bit but don't let that discourage you within first looking deeper into what you actually get.
Continue Reading »When you're in the market to buy a new car, you might think only about the total cost of the vehicle. After all, that's what determines whether or not you can afford it, right? However, this approach can be a bit shortsighted. In reality, you need to think about how much you're willing to pay in the form of a down payment on this car. This amount will determine how much car you can actually afford.
Continue Reading »When most people buy a new car, their primary concern is with safety. While SUVs typically do pretty well in accidents, they can be dangerous at times due to their tendency to rollover. This fact is usually trumped by the versatility and usability of these vehicles, however. People buy them because they offer ample space and can handle a wide variety of terrain, though the latter is often not really utilized by consumers. No, SUVs make for practical family cars because they can seat many people and there's tons of room to store day to day items and cargo should you go on vacation.
Continue Reading »Most of the time when you get car advice, it's about how to buy a car outright. But what if you'd rather lease? After all, leasing allows you to stay in a new car all the time if you swap it out for a new model every time the terms are up. But what makes a good lease, exactly?
One of the most important things to look for in a lease is residual value. That is, the car should still be worth a pretty penny at the end of your lease's term. Usually, a provider like ALG Inc. will have determined the value of the car to put in the lease contract. You want the car to have a high residual value because it will make for lower payments for you. After all, if the car is worth a lot once the lease is up, the leasing company can still charge a good amount for it should it ever be for sale.
Continue Reading »Trying to buy a car can be difficult no matter what your circumstances. But if you have bad credit, you might think it would be impossible to get the money you need to make a purchase. Thankfully, this isn't the case. Even with bad credit, you can still get a car. You just probably won't be able to get financing for the car.
Continue Reading »When you start looking at car ads, one of the first things you'll probably notice is descriptions of cars that are a bit lackluster. Perhaps the description doesn't match the photo or vice versa. What you have to watch out for, however, is those car ads that try to sell a car as better than it is. These ads can really throw you for a loop and convince even careful car buyers that a clunker is a piece of gold.
Continue Reading »When you're in the market for a new car, your first instinct may be to buy it. However, you shouldn't discount leasing right away. In fact, you can get a vehicle of a much higher value when you lease without needing to have all of the money for it.
Which way you go will depend on a variety of factors including your budget and car preferences. Hopefully the following information will make coming to a decision a bit easier for you.
Continue Reading »When it comes to advertising for cars perception can be far from reality. Let’s face it few drivers understand the mechanical functions under the sheet metal. People generally understand how a car looks and how to use it. For the most part automotive advertising tells the part of the truth that sells cars. So wading through the quagmire of marketing pitches and zealous sales people to find the right ride for you can prove tricky. While automotive advertising claims are heavily scrutinized by the Federal Trade Commission advertisers find plenty of a gray area to craft messages that can range from slightly slanted to downright deceptive.` In an effort to retain the positive attributes of a sport-utility vehicles and crossovers manufactures often blur the line between the two.
Continue Reading »