Down payment vs balloon payment - which is the best option for you when renting or buying a car? We have a guide to balloon payment and down payment to help you decide. What is Down Payment? A down payment refers to a percentage of the car’s total purchase price. Down payments for new cars can go as high [...]
Selling your car to a dealership? You have three alternatives when selling your car to car dealers: private sale, consignment sale, or trade-in. Here are some tips to ensure you get the best price when selling your car. Figure Out the Value Knowing the value of your car will help you to ensure you are getting the right price. [...]
Did you know that you could rent-to-own with no credit score? Rent-to-own is a type of automotive financing that allows customers to drive new or used cars without a credit score. If you are looking to rent-to-own with no credit score (or low credit scores), this is the guide you need. Do I Need a Credit Score? Most car [...]
Fuel-efficient cars provide many more benefits than just saving on fuel costs. Cars such as hybrids can benefit car owners by lowering their insurance premiums. Let’s not forget, they are also environment-friendly. We take a look at the benefits of owning a fuel-efficient car. Lower Fuel Costs One of the biggest benefit of fuel-efficient vehicles is that they use [...]
Buying your first car is extremely exciting, and a huge milestone. But car shopping can be overwhelming especially for first-time buyers. Here are some things to know before you start the process, and to help you find an affordable car. Think about your budget and financing The cost of a new car can be intimidating, especially when this is [...]
No matter how hard you try to keep your car in its newly bought, unscratched and perfect condition, the condition of the car will start to deteriorate over time as a result of day to day use. This unavoidable deterioration is known as Fair Wear and Tear. At the end of the lease agreement, the car rental company will [...]
If you are renting a car, you may need to take out a rental car insurance policy. This will help you to pay to repair or replace the rental car if something happens to it, such as theft, fire, an accident or hail. Find out more about rental car insurance here. Rental car insurance The most common type of [...]
Many people believe that renting a car works out to be cheaper than buying a car. Before you enter an auto-leasing agreement, you have to make sure if that is true, or not. You have to make an informed decision before rushing into anything. We will help you with that in this article. Renting a car saves money Renting [...]
Buying your first car can be a bit of an overwhelming experience. First, you have to align your budget with the myriad choices available. Then there is financing and insurance to consider. Before you get started, take the following into consideration. Think about your budget and financing Let your budget be your starting point. Unless you can afford to [...]
Wear and tear is an accepted part of owning, driving or renting a car. No matter how well maintained or carefully driven a car may be, it will inevitably sustain varying degrees of damage from frequent use. From the point of view of insurers and accountants, there are two categories of wear and tear - fair or normal, and [...]
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