Car Loans & Financing

Auto leasing has faded considerably since 1999, when leasing made up roughly 40 percent of new car sales, according to Bankrate.com; however, leasing is making a strong comeback. Leasing allows...

So you've reached the end of the lease on your car and you want to know what to do next. You might want to keep the lease for a few more months, turn it in or buy the vehicle outright. You always...

Getting yourself out of a lease with Nissan can be tricky unless your willing to pay the lease in full or pay for the whole vehicle. However there are options available for you to get yourself...

Accurately calculating your vehicle's depreciation costs can be important whether you are trying to obtain a good idea of how to claim depreciation on a tax return or just trying to figure out...

Getting out of your Chevrolet lease is easier than you would expect. Just like a financed vehicle, a leased vehicle always has a payoff that the vehicle can be bought for and the lease terminated...

The process of leasing a car involves bargaining a leasing price with the car dealer and signing an agreement with an automotive company, bank or credit union.

Two kinds of people need to know the procedure for repossessing a car: those repossessing and those losing the car. Ralph Thomas, an expert in the field, reports that more than 5000 companies and...

We all dread the thought of having our car taken for non payment. Well there are a few ways to stay one step ahead of them until you can figure out to remedy your financial situation. I can help...

Leasing a car is more complicated than purchasing one; residual values, mileage fees, terms---all of these factors must be considered. One of the most important things to consider is your lease...

If you are struggling to make vehicle payments on a financed car, your last option will be repossession--or, you can surrender the car willingly. This option may save you some money in fees and...

Auto financing is the most common way to purchase a car. Using auto financing, one can purchase a car one cannot pay for outright. After all, there are not too many people who can front thousands...

There are two schools of thought when one looks to purchase a car quickly with poor credit. One school of thought is to purchase the vehicle outright, bypassing the credit approval completely. ...

Buying a car with horrible credit can be challenging, but it is not impossible. If you are willing to compromise and have cash for a down payment, you should be able to purchase a car from a...

Although the term "LTV" (loan-to-value) is most often referenced to mortgages, the same principle applies to auto loans. Auto finance companies and lenders use an auto loan's LTV ratio as a...

When we think repossession we think all kinds of bad things. Yes auto reposessors have a bad name as being the bad guy. If we didn't have them the banks and lending institutions would be going...

To calculate vehicle financing you will need the terms and conditions relating to the loan or lease. The more facts and figures you have the easier it is to calculate all of the financing...

Knowing how to finance a car wisely can save you thousands. The vast majority of people would rather not buy a car outright. Most simply finance a car, spreading the payments out over time,...

Cars, just like many other long-term assets, depreciate in value over time. It is important, especially if you are a small-business owner, to calculate the depreciation of your car's worth over...

Refinancing your car can be a good way to pay off higher interest rate debt or possibly even lower your current rate. Maybe you need some emergency money and you own your car. Refinancing used...

Auto leases are a way of using a vehicle and claiming ownership while payments are made according to schedule to obtain full ownership of the vehicle. Leasing requires contracts regarding...

Repossessing a car is like a game of cat and mouse. If you are the repossessor (repo guy), then you're the cat while the uncooperative car owner is the mouse. Contract law permits cars to be...

Need to repossess a vehicle but not sure how to do it? Learn the proper, legal steps to repossess a vehicle.

Have you ever experienced being obliged to write a repossession letter for someone's car? It really doesn't feel good to be the carrier of some bad news, but you have to do your job. There are...

When writing a repossession letter, it is wise to relay the distressing news clearly and with sensitivity. If something as important as someone’s car, a possession they depend on everyday is...

Buying a car with bad credit can be a challenge, but if you do not have the time to improve your credit score prior to seeking financing, there are options available to you. You can always...

When you are approved for an auto loan, the lending institution owns the title to your vehicle until it is paid in full. The lender is entitled to repossess the car if you cannot make the...

Having your vehicle repossessed can be embarrassing and stressful. For most people a car or truck is their main source of transportation. Without it, daily tasks such as work, shopping and...

Leasing and purchasing are two different ways to finance a vehicle. One gives you the option to trade the vehicle in every few years and the other lets you own the vehicle indefinitely. There are...

Turning a car in for repossession is known as a voluntary repossession. The alternative to a voluntary repossession is an involuntary repossession, in which the lender tracks you down to repossess...

If the bank loses the title to your vehicle before you have completed payments, the easiest solution is to go to your state's Division of Motor Vehicles and apply for a replacement. If the bank is...

Having the title to your car in your possession allows you the freedom to sell the car, maintain minimum insurance on the car or apply for a title loan. You may have trouble doing these things,...

If you are in the market for a new car, you may be considering the common question of whether to buy or lease. There are pros and cons to each, but dealers often present leasing as the better...

When you lease a vehicle, there are a lot of facts you need to know. Without having all of the terms and conditions, you could cost yourself some money. Once you compile all of your data, you will...

Refinancing an auto loan can help you lower your monthly payments and sometimes help you get a lower interest rate. Refinancing may be more difficult for consumers with a history of bad credit or...

Individuals with car loans sometimes feel trapped in their existing financing arrangement, though vehicle owners often have the opportunity to refinance the loan to create a more favorable...

When it comes to auto financing, consumers typically fall within one of two categories--those who lease cars and those who take out a loan to buy them. Financing a vehicle is a great option if you...

Since its introduction in 2006, the Pontiac Solstice has been praised by consumers and critics alike. Its peppy engine and Corvette styling has made it a popular choice for consumers looking for...

Leasing a car is a great alternative to buying a vehicle. With an auto lease, you are basically renting a vehicle of your choice for a lengthy period, usually between two and four years. While...

Leasing a vehicle with poor credit requires patience and creativity. Consumers with lower credit scores will face higher interest rates and a larger down payment, and may not qualify to lease at all.

Imagine walking out to your car or truck some morning and finding it gone. That traumatic experience happens everyday to people who have defaulted on their auto loans. Armed with a court order and...

The majority of consumers aren't fortunate enough to pay cash for a new or used vehicle. This means most people are reliant upon securing an auto loan. According to a 2007 Lending Tree survey,...

In the current economic climate, the acquisition of a vehicle has taken on a whole new meaning. With car companies folding due to decreased sales and credit lines becoming harder and harder to...

The annual rate for automobile repossessions reached a 10-year high in 2008, soaring to 3.6 percent of all auto loans, according to Avert Repossession Group. Auto repossession is humiliating for...

So, you've found yourself in the unfortunate position of having to repo someone's car. It's not a good position to be in unless your heart is made of stone, but there is a tactful way to do it. ...

When you receive a loan to purchase a vehicle, you agree to make payments on time until the loan and any interest accrued has been paid off. There are laws that protect a debtor, as well as the...

Not everyone realizes that if you purchased gap insurance and you sell your vehicle before it is paid off you are entitled to a partial refund. You need to initiate the refund. I have only had...

Find the VIN number of a car by using this step by step guide. The VIN number is the identification number for a car. Usually composed of both numerical and alphabetic characters, each VIN number...

Get out of a car lease early by using this step by step guide.

Auto leasing allows you to select customized terms that work best for you. Unfortunately, sometimes things come up and you need to end your lease early. If you get in this situation, it is best to...

The interest rate you paid when you purchased your vehicle may have been good at that time, but it may be a mediocre rate now. Interest rates on auto loans fluctuate as much as the stock market,...