refinance their car loan to a lower APR Auto refinancing is one of the best kept secrets around for saving you money, but most people never thought of refinancing their car. Car refinance is the same as home refinance. When refinancing car loans, you pay off your current car loan with a refinancing car loan from a different lender that has a lower APR. This is good for you because refinancing auto loans makes your monthly car loan payments lower, and your interest rate drops, which can allow you to pay off the balance of your car loan even quicker. Record numbers of homeowners refinanced in 2001 and 2002, and now many car owners are realizing you can save thousands of dollars by refinancing auto loans too. Car refinancing has become a very popular trend with dropping interest rates. It's like finding a wad of cash you didn't know you had in your clothes after doing the laundry. Use the money you save to pay off credit card debt or accelerate your car loan payoff.

Auto Financing for First Time Car Buyers Consolidation loans are DANGEROUS, because you shift all your debt from one place to another, OPENING A NEW CHANNEL OF CREDIT, while freeing up your credit cards. Some idiots proceed to fill up their credit cards again, now they have double the debt they started with, paying up to 22% on their consolidation loan because they weren't paying attention to the APR. Some unscrupulous consolidation companies make it appear they are eliminating your debt, or hide the APR. It's better to transfer you credit card balances to your lowest APR card. Pay more to cards with high APR, send more than the minimum payment, or it will take 10 years to pay it off. If you have cash in the bank earning 2%, it's losing you more to income taxes, so be smart and use it to pay off 18% debt. A home equity loan can pay off credit cards, and write off the interest on your taxes. But you MUST close those cards, or risk running them back up. We cover all this in much more clear detail on our other site DebtWizards.com

new car financing It's crucial before you attempt new car financing, get ALL your credit card balances below 50% of your credit limit or they lower your credit score. You pay on time but can still have a low credit score if balances are too high, or if you applied for credit recently, or if you have too many open accounts. This surprises many people applying for auto loans who get rejected. Get your debt to income ratio below 30%, otherwise banks stick you into a bad credit auto loan.

Getting the lowest Auto Financing APR I get complaints from people who traded in a car they owed money on for new car financing and 2 months later were shocked to hear the new car dealer did not pay off their car loan in 10 days as promised. With this scam dealers pay you less for your trade. When the bank calls, YOU are responsible because the old car loan is still in your name, until the dealer pays it off. If you trade a used car in for new car, make them verify it in writing that they'll pay off your car loan in 10 days, or no deal.

Advice: Air Filters The air filter stops airborne contaminants from getting sucked into your car's engine. It's a paper filter that stops debris such as dust, leaves and wayward pelicans before they get inside the engine and do damage.

Service Advice: Brakes If you notice any of the following signs and symptoms when you brake ... flashing brake warning light squealing, chirping or grinding noises pulsations in the brake pedal shaky steering wheel increased stopping distance car pulls to one side when you stop

Advice: Coolant Coolant is the fluid that absorbs heat from the engine and then dissipates it through the radiator. It is also dissipated through the heat exchanger in the passenger compartment when you crank your heat in the winter.

Advice: Drive Axle Boots The rubber cover that protects the drive axle joint is commonly known as the CV boot. Cracks or tears in the rubber can cause leaks and expose the CV joint to the elements

Advice: Drive Belts Tiny cracks in a serpentine belt aren't necessarily bad, but the deep ones here mean it's running out of time. Because this belt was removed to replace an alternator, the mechanic replaced it with a new one to save trouble down the road

Advice: Oil Changes An oil and filter change involves draining out the old motor oil and replacing it with fresh, new motor oil. The oil filter also gets replaced at the same time.

« Start Prev 1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   Next  End»