In this era of instant information, everybody has a tip or trick to help with something, including car buying. Credit issues are one of the biggest things that affect car buyers. If you do enough digging, the internet will tell you anything you want to hear, but knowing how to separate fact from fiction is key. Here, we expose some of the biggest credit myths, and how they can impact your car buying ability.
Across the country, people recently participated in community car care events, hosted by the Car Care Council. And according to data they gathered, most vehicles on the road are in need of some type of service. The Car Care Council wants drivers to understand that preventative maintenance can help their vehicles run better and for longer.
The prospect of refinancing your car loan is appealing if it can result in a lower interest rate and/or lower monthly payments, allowing you to save money. This step-by-step guide on how to refinance a car loan can help consumers who may be confused about what the process entails.
Of all the hours people spend in their cars, some of the most frustrating are those spent in search of parking. Americans, and much of the world, in fact, are plagued with an excess of parking costs and hours spent looking for that elusive spot. Washington-based transportation analytics company INRIX combined research from the world’s largest parking database with surveys from almost 6,000 U.S. drivers across 10 cities, and what it found was staggering. Findings show that we waste $73 billion a year looking for parking in the U.S. alone.
Going through a bankruptcy can be a stressful experience. And it can get even more taxing if you need to finance a car. We explain why it is easier to get approved for an auto loan in a Chapter 7 bankruptcy if you wait until it has been discharged.
With each passing year, new technology and generational demand see people leaning toward a preference to pay for everything with credit cards. This is great because you can use them to purchase anything, including a car, and worry about paying later, right? Unfortunately, in most cases, the answer is no. Even though more and more dealers are accepting credit cards, it is often only for a small portion of your vehicle purchase, generally only up to $5,000.
The National Insurance Crime Bureau (NICB) released the 2016 Hot Wheels report, their annual list of America’s 10 most stolen vehicles last week. The NICB, using data submitted by law enforcement agencies to the National Crime Information Center (NCIC), is able to identify the cars that are stolen the most often.