Category Archives: Finance

Selling Your Car Quickly and Easily to Potential Car Buyers

Posted by on February 18, 2012 No comments
It can be frustrating when you have a vehicle that does not work, but you might not feel like it is worth it to have it towed. It might be a complete junk vehicle that could only be used for parts. Even in this case, there are car buyers out there today that will be interested in purchasing it, even if just for parts or a project. When looking for someone to purchase your vehicle, you will want someone who will show up when they say they will and be able to come up with the agreed upon amount. It is important that the car buyers that you choose are trustworthy. One way that a buyer can gain your confidence is if they are punctual. If they say they will be there in an hour, then you should be able to plan on this. If they say a different time, they should guarantee that they will be prompt Read more [...]

Selling Scrap Cars For Cash

Posted by on July 13, 2011 No comments
Do you know that you can trade your scrap cars for cash? Most people are usually not aware of this fact and hence they end up losing the opportunity of earning some cash. They give them up freely or even hire tow companies to tow them away. If you have cars that have been considered to be non-roadworthy or they have been damaged in a way that it is too expensive or impossible to repair them, you can trade them for cash. Before you go giving them away or even throwing them away as junk, consider the fact that you can make some money from them. This is what most people who find themselves in such a situation do not know. There are people out there who are interested parties in trading with you and getting your scrap cars. Regardless of the fact that they are damaged, salvaged or even non-roadworthy, Read more [...]

Car Leasing Or Short Term Rental – Which Should I Choose?

Posted by on January 17, 2011 1 comment
First of all, let's define exactly what Short Term Rental Is Short Term Rental (or Short Term Leasing, as it is also known) is the leasing or hiring of a car or van for a period usually ranging from one to twelve months, with immediate delivery. It is a very flexible and convenient arrangement, which can usually be extended on a month by month basis, unlike Car Leasing where you are committing to a two or three year fixed term. It is not the same as Daily Rental, which is hiring a car or van usually for a period of days rather than months, as the name suggests! Most types of vehicles are available for rent, and they are categorised into groups such as small hatchbacks or family saloons. So you would normally request a vehicle type rather than a specific make and model. Why Read more [...]

Auto Refinancing – Should This Be Something to Consider?

Posted by on January 16, 2011 No comments
Auto refinancing can save you lots of money every month. But they are not the right move for everyone. While these can be very good for the average consumer looking to save money, there are some restrictions on them. Some of the restrictions are mileage, amount still due on loan, type of vehicle, and who the original lender is. But if you qualify, a refinance on your auto may mean extra cash every month that you can use for other stuff. All time low interest rates offer you more flexibility and greater freedom. Everyone wants to save money, but auto refinance loans won't work for everyone. Lenders only do an auto refinance if you are coming to them from somewhere else. Your current loan must be with a different lender than the one with which you wish to refinance. Be sure you know Read more [...]

Buy a Car With Bad Credit With No Money Down

Posted by on October 19, 2010 No comments
Jason Lanier asked:




You’ve got bad credit and dealer after dealer is wanting money down. To buy a car with bad credit, with no money down, you need to know a few things.

First, there are only two reasons that a dealer would want a down payment…

The most common reason is because it adds profit to the sale. The other less common reason is because it’s needed to lower the total amount financed for approval by the lender.

Financing a Dump Truck

Posted by on October 16, 2010 No comments
Tim Lawless asked: Financing your Dump Truck You’re looking to buy a dump truck. Maybe you’ve been in business for a while or have just decided to start your own business. There are obviously many things to consider. Let’s focus on one of them. How will you pay for the truck?Most people, including many bankers, only know of two options. Pay for the truck in cash or get a loan. Paying in cash is usually not an option for most people. Not too many of us have $50,000 or more in cash ready to spend. Even if they do, paying in cash may not be the best use of that money. That aside, let’s talk about a third option and compare it to a loan.Equipment leasing is the third option but that certainly doesn’t mean it is third best. In fact it is commonly a better financial Read more [...]

Car Loan After Bankruptcy

Posted by on September 27, 2010 No comments
Jennifer Quilter asked: A car loan after bankruptcy can be one of two things. It can be a great experience as part of a plan to help you rebuild your credit and get you back to a better financial standing, or it can be a giant problem and a way into more high interest debt. Even if you're in a situation where you're desperate for a vehicle, you can still try and make your experience become the first one.Bankruptcy is supposed to be a new start. Sadly for many people after things are finalized they are left not knowing what to do next, and still in a nasty financial situation.Before you start looking to get a car loan after bankruptcy I recommend building up your credit a bit if possible. There are two types of credit you're going to want to have, installment and revolving. Installment Read more [...]