Auto Advice
Best New Cars for 2010
Every year in its annual Auto Issue, Consumer Reports magazine publishes its new-car test and survey results. Based on those results, it picks the best of the best, based on value, safety, reliability, fuel economy, comfort, roominess, performance, and many other factors. The new issue (April) will be on news stands soon.
The overall best car [...]
Buy a Car – Skip the Dealer
If one asks oneself why one must go to a car dealer to buy a new car, one would come up with the following answer.
Most people go to car dealers because they want to know about that dealer’s brand of cars, what models are offered, what options are available, about gas mileage and safety ratings, [...]
How to Lower Your Car Insurance Cost
Auto insurance is one of those necessary evils of owning and driving cars. Most states require at least some liability insurance to protect other people in case you cause an accident. Although the laws don’t require you have collision or comprehensive coverage, most auto loan companies and banks do.
Keep in mind that car insurance costs [...]
What is Gap Insurance? Why is it Important?
Many car buyers (and leasers) have never heard of gap insurance. But it should be an important consideration in any car buying or leasing process.
What is gap insurance? Why would you need it?
Let’s say you bought a new car and paid $30,000. You made $2000 down payment and financed the remaining $28,000 with an auto loan, [...]
Should You Lease Your Next Car?
Many people could easily qualify and be paying far less in monthly car payments if they leased their car.
However, they don’t because they 1) don’t understand leasing and are afraid of it, 2) think it’s like throw-your-money-away apartment leasing (which it’s not), 3) think it’s only for businesses and tax savings, or 4) have gotten [...]
Auto Insurance Can Affect Your Car Deal
Most new car buyers don’t think about the cost of auto insurance until after the purchase, which can often be a mistake.
As you may already know, the cost of car insurance can vary greatly between different makes and models. If you buy a car that has high insurance premiums, the total of your car payments and insurance payments [...]
Understand How Auto Loans Work and Get the Best Deals
Unless you are paying hard cash for your new or used car, your auto loan financing can make the difference between a great deal and a bad deal.
An inexperienced car buyer might assume that an auto loan is nothing more than working out an affordable monthly payment amount with his dealer.
However, an affordable payment doesn’t [...]