Top 5 Questions to Ask Yourself Before Buying a New Car
Your car is an expensive purchase and also an important investment in your life. Although owning a car is exciting, when you are burdened with payments, the joy of owning a car vanishes in thin air. To ensure you are making the right decision, ask yourself these questions before buying a new car.
1. Have you checked the terms and conditions of the loan and other loan details?
The most important step you need to do is check the terms and conditions of...continue reading
What Does the Admin Fee Include When Buying a Vehicle?
When deciding to buy or lease a car, you need to account for expenses in the form of fees and charges. You should understand the numbers when signing on the dotted line. The contract should clearly define the purchase price agreed between the buyer and the dealership. This contract may also include some important expenditure charged by the dealer. One of these expenses is the admin fee. This fee may differ from one dealer to another depending on several factors....continue reading
How Can I Terminate My Car Lease Early?
As you may know, getting a car lease may seem easy but terminating a car lease early is not. There can be many reasons to end the car lease early. Here you will find some good ways to end your car lease early.
Transfer the Car Lease
Before you consider this option, you need to check the leasing contract and see if the car leasing company allows you to transfer the lease. In this option, the car lease is transferred to another person who picks up from the point you left off on the...continue reading
Do I Need to Take My Car to the Dealership I Purchased it From for Service?
If you have recently purchased a car, you might be wondering if you have to take the car to the dealership for service. There are many car owners who have the same question in their mind. Here is the answer to your question.
The answer is no, you dont have to take your car to the dealership for service.
To keep the manufacturer warranty intact, there is no need to go to the dealership for service. The Federal Law clearly states the...continue reading
What Kind of Down Payment Do I Need to Finance a Car?
The right down payment on your car can significantly impact your financing during a purchase. Therefore, it is important to consider how much you can pay upfront. Simply put, the less money you borrow, the smaller your monthly payments and finance costs. However, there are many other considerations involved in auto financing.
The Golden Number 20%
Most finance experts will tell you that you should put down at least 20% of your cars price. This figure has been...continue reading