Owning a car is a significant milestone for many individuals, but the prospect of making a substantial down payment can be a daunting barrier. Fortunately, there are several car buying options available that cater to those with limited or no… Read More »Car-Buying Options with Limited or No Money Down
When purchasing a car, one crucial decision you’ll need to make is the amount of money to put down as a down payment. While there isn’t a one-size-fits-all answer, we do hope to answer many of the common questions here.… Read More »Down Payment Advice: The Sweet Spot When Buying a Car
When it comes to buying a car, a down payment is an essential component that can significantly impact your overall purchasing experience and happiness with your deal. The down payment refers to the initial investment you make towards the total… Read More »Car Buying Advice: The Power of Your Down Payment
Following from Part 1 of a two-part series on Negative Equity, below we review some solid strategies to overcome the tough situation. For an overview of what negative equity is and how to calculate it, check out Part 1 using… Read More »Understanding and Overcoming Negative Equity (Part 2)
Negative equity, often referred to as an “upside-down” car loan, can be a very challenging situation for many car owners. It occurs when the outstanding balance on an auto loan exceeds the market value of the vehicle. For example, if… Read More »Understanding and Overcoming Negative Equity (Part 1)
When considering trading in your car for a new one, understanding the concept of positive equity is essential. Positive equity arises when the value of your trade-in vehicle exceeds the remaining balance on your auto loan. For example, if the… Read More »Positive Equity: Value and Flexibility in Your Happy Car Deal
When purchasing a new vehicle, one cost that often raises questions is the destination charge. This additional fee is added to the vehicle’s price and covers the cost of transporting it from the factory to the dealership. In this post,… Read More »Demystifying Destination Charges and Their Place in the Industry
When it comes to purchasing a vehicle, the decision between new and used can often be a tough one. However, there is a middle ground that combines the best of both worlds: Certified Pre-Owned (CPO) cars. CPO vehicles offer the… Read More »Certified Pre-Owned Cars: Unlocking Value, Reliability, and Peace of Mind