From the category archives:

Car Finance

What Not to Say to Car Salesmen

August 31, 2011

As you start your car search here are some tips on what not to say to your car saleman to give you the upper hand. 1. “I’m trying to keep my monthly payments down.” Know what you are willing to spend over the life of your loan before you even begin negotiating. 2. “Honey, what [...]

Common Car Buying Mistakes

June 3, 2011

Forbes recently constructed the list of common car buying mistakes. If you or someone you know is in the market for a new car, read on.  Bottom line – know before you go! 1. Entertaining fantasies about your current transportation needs. Before you hit the dealership lot, take a good look at the kind of [...]

10 Popular Car Dealer Scams

May 13, 2011

Forbes.com reports on the top car dealer scams to watch out for. The Upsell Alarms, extra cleaning, “prepping,” rust-proofing, fabric protection and paint sealant are all common add-ons that dealers sometimes sneak onto the invoice without the buyer’s knowledge. Most of these things you don’t need. The Unwanted Warranty Nothing is free, not even those [...]

Buy a car and get a $5,000 check – Beware!

February 3, 2011

Some dealerships are offering a promotion to get business: buy a new car, put no money down, and get a check for $5,000.  Is this real?  Yes.  Should you take advantage?  No.  The bottom line is that this is not a free $5,000, it is being added to the cost of the vehicle. Car lenders [...]

Online Car Loans

January 7, 2007

Today, the newest trend in finding a car loan is online. With the aid of the internet, you can find several companies offering car loans such as E-Loan, Driver Loans and even Yahoo now has an auto finance section where you can compare loans from Capital One Finance and Cars Direct.