car news headlines
Did you know that you can get better car loan terms from independent and stand alone companies that are not attached to any specific institution or brand?
Authentic car dealers and franchise owners would not be able to offer you such terms since they would depend on your credit score and also work closely with reputed banks and other financial institutions. Moreover, their business model works such that they are able to make better returns on car financing rather than pure car sales.
One good way to save money on the car loan is to get it at a rate of interest that is quite low. That can be done by offering your home as equity or collateral against the car loan. Not only do lenders find this suitable for them, you can also deduct the interest amount from your tax liability. Of course, you need to ensure that the tenure of the car loan does not exceed 36 months as anything longer would be counter productive.
If however, you cannot avoid a longer tenure, then you need to opt for the fixed-home rate car loan. In this arrangement, the rate of interest is low and fixed as well as long as you are regular with your repayments.
More from Financial and Loan
Cheap car loans – Know how to get them
Mar 18 2010You know that when you take a car loan, you will be paying much more by the time the tenure finishes.
More from Financial and Loan
Bring down the liability on your car loan
Mar 18 2010The free market economy has meant that we can get access to funds from financial institutions and lenders whenever we want in order to fulfill our need to buy the material items we so desperately want.
More from Financial and Loan
The car loan calculator – A very useful tool
Mar 18 2010We live in an age of instant gratification and people are no longer finding it awkward or are fussy about taking on liabilities in terms of loans to acquire any material things they want.
More from Financial and Loan
Creditplus Defying the Used Car Finance Market Trend
Mar 17 2010Despite the motor industry struggling to fund deals for consumers Creditplus, a leading car finance provider, have still been providing their service to hundreds of happy customers looking to finance used cars.
More from Financial and Loan Motoring
Having bad credit – You can still get a car loan
Mar 17 2010The monetary tightening policy of lending institutions has made it difficult for people to get access to cheap funds.
More from Financial and Loan
Finance options to purchase cars
Mar 17 2010Lack of money need no longer be a stumbling block to acquire any material item that you wish to possess.
More from Financial and Loan
The best time for a cash rich consumer
Mar 15 2010Tight money markets and job losses have hit people hard restricting their ability to make purchases as they used to.
More from Financial and Loan
Make sure you get that car loan without any hassle
Mar 15 2010As human beings, we need instant gratification and are not willing to wait for long periods of time to acquire things of material pleasure even if it costs us extra.
More from Financial and Loan
Choose between rebate and low interest finance
Mar 15 2010Car makers are going out of their way to woo consumers with attractive rebates and low interest finance options in order to reduce their piled up inventory.
More from Financial and Loan
Be judicious about your loan liabilities
Mar 15 2010The craving to own some of the more expensive material things in life and the availability of easy finance options is a deadly combination which has resulted in many of us building up liabilities that we find difficult to manage as time passes.
More from Financial and Loan
