Car Buying Tips

Category: Car Buying Tips


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Credit Card Car Buying: Is it Good to Pay with Plastic? Credit Card Car Buying: Is it Good to Pay with Plastic?

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.

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You Wanted a Cherry Car, Instead You Got a Lemon You Wanted a Cherry Car, Instead You Got a Lemon

What is our obsession with using fruit to describe things in the world? You can compare apples to apples or apples to oranges, and cars in great condition are considered cherry. Let’s not forget the lemon. There seems to be no solid explanation of exactly when people began referring to bad cars as “lemons”, but we all know why. Lemons are sour, they leave a bad taste in your mouth, and, as far as cars go, no one wants one.

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How to Maintain Equity in Your Vehicle How to Maintain Equity in Your Vehicle

Vehicle equity is your car’s value. If you have a car loan, it’s the difference between your car’s value and what you owe on the loan. When the value of your vehicle is more than what you owe, you have equity. At the same time, although depreciation (a decrease in your vehicle’s value) happens every day, maintaining equity in your vehicle will benefit you, especially if you have credit challenges.

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Flexibility Goes a Long Way When Making a Subprime Purchase Flexibility Goes a Long Way When Making a Subprime Purchase

Striving toward the purchase of a dream car but credit problems have you stuck? Long summer days often have people wishing they were cruising in the car of their dreams. Achieving this dream is possible, but for individuals with credit challenges, it may take some work first. Rather than being stuck in the mindset that you will only purchase one specific vehicle, a little flexibility goes a long way toward making your dream a reality.

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