Auto Loans Archives

NEW YORK (MainStreet) --Kelley Blue Book has just released a new report on six car brands with the “best total cost of ownership,” according to factors like Read more»
NEW YORK (MainStreet) — Any time you go to buy a car – new or used – when you’re done haggling you know just what your new baby (and all the trimmings you chose) will cost. Read more»
NEW YORK (sbup) — People across the world have watched in shock and dismay as the twin natural disasters that occurred in Japan left much of the nation in turmoil. Read more»
Now Is the Time for a New Car
By: Brian O'Connell
NEW YORK (sbup) — Riding out a rough and tumble economy, U.S. automakers are letting their financial belts loose and offering some pretty generous loan terms to new vehicle owners. Read more»
Car Loans Get Easier
By: Brian O'Connell
NEW YORK (sbup) — It’s been a while – three years, in fact – since auto lenders relaxed their tight-fisted grip on new car loans. Not only are these lenders putting their “open for business” signs back on their front doors, they’re starting to lend money for new cars to a surprising group: sub-prime borrowers. Read more»
Everyone knows that used cars cost less than new ones, and many thrifty car owners think buying used vehicles makes the most financial sense in the long run, especially if you keep them until they die. Read more»
Homeowners are often told they can save tens of thousands of dollars in interest by paying extra to retire a mortgage early, but does the process work with cars? Well the principle is the same, but the numbers are much smaller. When loan rates are especially low, as some are today, it might make more sense to use extra cash for other purposes like saving or a rainy-day fund. Read more»
The Obama administration wants to increase ethanol in gas to 15%, a move that could damage vehicles produced before 2007. Until the situation becomes clearer, some drivers may consider leasing as an alternative to buying a new or used car. Read more»
3 Lemon Law Myths
By: Brian O'Connell
So you took out a loan and the only juice in your new set of wheels is of the lemon variety. Have no fear: If you know your state’s lemon laws—and the myths behind them—you might get your money back. Read more»
If you listed life’s best moments, driving away from the dealer’s in a shiny, fully-warranted vehicle would have to be up there. But down the line, when it’s time to trade in or sell your car, the experience can be rather unpleasant. Your next car is sure to cost more than the old one, and you may still owe more on the old car than you’ll get for trading it in. Read more»
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