Consider this. When you buy a house, you have a mortgage. You get pre-approved at a few banks and then you make an offer when you find the house you want. The financial math is complicated but the process is fairly straightforward, not usually involving numerous factors to think about at one time.

Be careful! The last thing you want to do is make it to the end of your negotiations with a salesperson and end up finding out the deal isn’t as good as you thought. Or, worse yet, you actually sign a contract without understanding the terms. There’s a lot of information to take in when you’re looking for a vehicle. Sometimes shoppers miss the details. Sometimes the details aren’t prominently shown. Look out for the following phrases, which are often in the small print. Also, make sure the numbers add up before you sign anything.

Over 40,000 new cars are sold each day, according to 247wallst.com. With so many people needing a new ride all the time, it’s helpful to know how to save money on one. There is one discount you can get just for being who you are. It’s the demographic incentive discount. Many dealerships offer it to the following people.

Leasing provides an inexpensive way to get a new car and drive it for 2 to 6 years. But leasing isn’t just economical. It’s also convenient in ways we don’t usually notice. Here are some reasons it’s convenient and some scenarios in which leasing can be especially advantageous.

Continue reading ‘Overlooked Conveniences of Leasing: Scenarios to Recognize’ »

Financing always entails risk. When we borrow money, we risk running into penalties and seizures of property if we can’t meet our obligations. Since leasing is a type of financing, it’s no different. Although there are ways to avoid defaulting on a lease, such as finding someone to take over the lease or selling the vehicle, it’s best to stay as safe as you can. This article explains one of the most important and least understood concepts in auto financing, closed end and open end leases.

Nearly everyone has had the feeling. That feeling we get when we’re outgunned. I imagine it feels like having a knife at a gunfight, although I’ve never been in that particular situation. What I have experienced many times is the feeling of being in a front-wheel-drive sedan in a place where I would only feel sufficiently equipped with an AWD or 4X4 vehicle. Today we’re going to talk about some of the most affordable cars that will be able to get you through deeper snow, wetter dirt, and slicker ice. Here are the most affordable AWD and 4X4 vehicles on the market.