According to a recent J.D. Power report, over 1/4 of new-vehicle drivers cited technology as a main reason behind their purchase.

One of the questions we are commonly asked about here at Auto Credit Express is how much is needed for a down payment. If you do any sort of research into the subject, you will hear plenty of differing opinions. This is because when it comes to down payments, there is no one-size-fits-all solution. Your ideal down payment will depend on several factors.

Using a cosigner on an auto loan seems as simple as getting somebody to offer their signature, but there's much more to it than that.

Your vehicle can be taken from you if you are late with payments in an act known as repossession. A repossession will cause your credit score to take a big hit, and it can remain on your credit reports for up to seven years. Let’s take a look at how auto repossession works.

If you've recently started a new job, but you have bad credit, getting approved for an auto loan becomes a bit trickier. Subprime lenders have general requirements they like to stick to, but they also understand that everybody's situation is different.

There is no minimum credit score needed in order to qualify for an auto loan. If you are dealing with bad credit, it can be more difficult to get approved. However, special finance lenders will consider many factors, so there is no minimum credit score needed.

Insurance marketplace EverQuote released the results of their 2017 Safe Driving Report. It showed that way too many drivers are speeding and using their cell phones while driving.

Your finances and your credit go hand in hand. When your finances are in order, you put yourself in the best position to succeed in the realm of credit. And when your credit is in good shape, your finances can become all the easier to manage. Unfortunately, when either your credit or your finances are in disarray, things can get out of hand fast.

Subprime lenders take many factors into account when making an approval decision. Brad recently learned this after his auto loan application was denied. So, he set out to figure out why his application was rejected.

It can be hard trying to get approved for an auto loan with bad, thin or no credit. You need to be aware of the major factors that dealers and lenders use when determining auto loan approval.