Other posts in the Auto Loan Category

First Impressions Count with a Used Car

Just as with selling a house, first impressions count when selling your car. It can even make or break a deal. If you’re planning to sell your car, help it make a good first impression on potential buyers. Here’s how: Clean it up. Going to the car wash may not be enough. Make sure the

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Picking Up Your New Car

Don’t get caught up in the excitement of picking up your new car that you forget to pay attention to the detail. Spot Deliveries When it comes to delivery of your car, the very first thing you need to be aware of, and know how to deal with, is the “Spot Delivery.” A spot delivery

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Tips for Shopping for a Vehicle for Your Teen

According to the National Highway Traffic Safety Administration (NHTSA), auto accidents are still the leading cause of death for American teenagers. However, due to safer vehicles graduated license laws, the numbers have decreased 65% from 8,748 teen deaths in 1975 to 3,023 in 2011. Regardless of statistics and new vehicle safety precautions, automakers still haven’t come up with a vehicle that can drive itself when the weather gets bad, when a tire blows out or when another driver becomes distracted and wanders into your lane. Seasoned drivers rely on their experience and split-second-decision-making abilities to negotiate these perilous moments. Teens don't have that experience.

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Know Your Obligations when Cosigning a Loan

Often, parents cosign for their sons or daughters who have adequate income but a lack of credit or employment history. By cosigning, parents help their offspring get the loan and establish credit in their own names. But many borrowers, be they the cosigner or the primary borrower (also known as the maker), don’t recognize the

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Take the Rebate!

Manufacturers often market vehicles by offering a rebate or exceptionally low financing. Should you take the rebate or the special financing? The dealer does not give you both. For example, you have decided to purchase a vehicle for $20,000. The dealer is going to give you a rebate of $3,000 or a finance rate of

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Buying A Used Car

“I can’t wait to get my own car.” Sound familiar? Before you start shopping for a used car with a teenager you know, do some homework. It may save you serious money. Consider driving habits, what the car will be used for, and your budget. Research models, options, costs, repair records, safety tests, and mileage

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Low Car Loan Rates from Wayne Westland Federal Credit Union

Buying a new car is exciting. Searching for an affordable car loan is not. As a member of Wayne Westland Federal Credit Union, however, you have an advantage when it comes to finding low car loan rates. WWFCU (like other Credit Unions) is a not-for-profit institution. This means that we can “give back” to our

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Finding Low Rates on Car Loans

Buying a new car is exciting. Searching for an affordable car loan is not.  As a member of Wayne Westland Federal Credit Union, you have an advantage when it comes to finding low rates on car loans. WWFCU is a not-for-profit institution. This means that we can “give back” to our members by offering you

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Is Zero Percent Financing Really Your Best Deal?

Undoubtedly you’ve heard about the “zero percent financing” offers that many auto manufacturers have been promoting lately. Although they seem to be incredible deals and are certainly enticing, you should read the fine print and know the facts before you head to your local dealer. Beware of Those Teaser Rates Teaser rates have always been

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