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Do Red Cars Cost More To Insure

Do Red Cars Cost More To Insure?

Do Red Cars Cost More To Insure? You may have heard that it's true. However, the Insurance Information Institute (III) claims that the color of the automobile you drive has no impact on the cost of auto insurance. Here are some of the criteria that go into determining your vehicle insurance rate, as well as what to look for while searching ... More
How Much Does It Cost To Wrap A Car?

How Much Does It Cost To Wrap A Car?

How Much Does It Cost To Wrap A Car? Wrapping a car has been increasingly trendy in recent years. A wrap can not only radically change the appearance of your automobile, but it can also provide adequate, long-term protection for the paint and surface of your vehicle. Chips and blemishes are common with everyday driving and exposure to the ... More
Can You Trade in a Financed Car

Can You Trade in a Financed Car?

Yes, you can trade in a financed car, but the loan sum does not disappear when you do so; it must still be paid off. The loan debt should, in most situations, be covered by the vehicle's trade-in value, although this will depend on a number of factors, including the vehicle's condition and age. It doesn't have to be tough to trade in a ... More

The Benefits of Online Auto Loans

Many consumers require a loan in order to purchase an automobile, and there are several options available. All too often, consumers fall in love with a vehicle and blindly trust that the dealership is offering the best financing available. Just like a car, an auto loan is another product the dealer is selling, and the Consumer Federation of ... More

Choosing Between Direct Lending and Dealership Financing For Your Auto Loan

Direct vs Dealership Lending Direct vs Dealership Lending. Which should you choose? The U.S. Federal Trade Commission indicates that typical car purchase prices have risen to about $31,000 for new models. This is also over $17,000 for used models. With a majority of American consumers unable to pay cash for a vehicle purchase, most buyers ... More
gap insurance on your car

Do You Really Need Gap Insurance on Your Car?

Here's what you need to know if you're financing or leasing a car Car insurance is required to be financially protected while on the road. You may also need to acquire gap insurance in addition to liability and collision coverage. Gap stands for "guaranteed auto protection" in the insurance sector. The type of vehicle you buy or lease ... More
financing a car direct lending vs dealership loan

Financing a Car: Direct Lending vs. Dealership Financing

According to the Federal Trade Commission, average prices for a car purchase are high. It's more than $31,000 for a new model and $17,000 for a used model. Since a majority of consumers can’t afford to pay cash, most buyers end up with an auto loan. This is to cover at least part of the purchase price. In this case, consumers will typically ... More

Auto Loan Delinquencies are On the Rise in 2021

Auto loan delinquency rates are reaching staggering levels, leading some industry experts to compare the current numbers to 2008’s disastrous housing bubble. What if My Credit Score is Too Low for a Car? The rise in recent years of a booming subprime auto lending market has meant millions of consumers with poor credit scores. Typically ... More

What’s the Deal with Online Auto Loans?

When you walk into a dealership and see the car of your dreams, it’s easy to get swept up in the purchasing process. When this happens, though, consumers often fall into the trap of trusting that the dealership is offering the best financing available. Just like a car, an auto loan is another product the dealer is selling, and the Consumer ... More
How to Refinance Your Car Loan

How to Refinance Your Car Loan

By lowering your interest rate, refinancing a car loan can help you save money. The procedure entails replacing your existing auto loan with a new one from a different lender. Your car will serve as security for the new loan, just as it did for the old one. Here's how auto loan refinancing works and what you should consider before applying. ... More