How to Finance a Car and Get a Car Loan

Posted by on December 13, 2009 | No Comments

A first-class guide on how to finance a car. The basics of car loans are covered along with loan terms, how your credit score can affect your interest rate, how to shop around for a car loan and how important it is to arrive at the dealership with auto financing in hand.

From the Resource: “Car financing is tricky even when the credit market is good. Now that the credit market is tight, it’s back to basics for buyers and lenders. Check out the car financing basics covered below to make sure you get the best car loan for your next vehicle.”

Source: US News Rankings and Reviews

Read More About Auto Financing at Newbuyer.com

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Current National and State Average Auto Loan Rates

Posted by on December 9, 2009 | No Comments

One of our favorite tools for a quick look at the current national car loan rate as well as car loan rates for each state. National averages are listed for four products: 36, 48 and 60 month new car loans and 36 month used car loans. By state you will find not only state averages but highest rates and lowest rates for the above mentioned products.

Source: Bankrate.com

Read More About Auto Loan Rates at Newbuyer.com

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Buying a Car with a Home Equity Loan

Posted by on December 5, 2009 | No Comments

A helpful look at the benefits and risks of buying your new car with a home equity loan. The benefits discussed are low rates, bargaining power and tax savings. The risks presented are closing costs, potential rise in interest rates and consequences of defaulting on the equity loan.

From the resource: “By getting approved for a home equity loan before you visit the dealership, you may be able to negotiate a better price.”

Source: LendingTree

Read More About Auto Loan Types at Newbuyer.com

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