Identifying Hidden Car Buying Fees

The true cost of buying a car goes beyond the asking price, retail price or the agreeable monthly payment. There are several hidden costs that you will need to be aware of, which count towards the true cost of owning a new car. To ensure that the used or new car you choose provides maximum value and fits your budget, you will need to consider all the hidden costs. Some of these hidden car buying fees have been explained below. Financing Charges When you are … Read more

How to Avoid Flood Damaged Cars

In this era of electrical engines, some cars are vulnerable to flooding compared to others. In fact, even little water inside a car can permanently damage the vehicle’s engine and electrical components. Unfortunately, many people lack the technical knowledge to recognize problems in the car’s engine or other electrical components. This is what gives sellers of flood damaged cars an edge over ignorant vehicle buyers. They know that electrical components or engine problems are easier to conceal than exterior damage. It is easy to spot … Read more

How to Avoid Curbstoning When Buying a Used Car

Curbstoning is the business of selling used cars by unlicensed dealers. Normally, these dealers pretend to be private parties to evade taxes and regulations. If you are planning to purchase a used car, knowing what this term means is the first step you have taken towards protecting yourself from becoming a victim of it. Here are other helpful tips that will protect you from becoming a victim of a curbstoning business. Avoid cars sold off the side of the road If you notice a car … Read more

Factoring Car Insurance Rates into Your Budget

If you are planning to acquire a new or used car, you must factor car insurance rates in your budget because each state requires car buyers to purchase minimum car insurance before driving their cars on public roads. If you have been shopping for the cheapest car insurance cover, you would have probably known that there are many factors that will determine your insurance rates. Continue reading this article get more insights about some of the factors that determine your car insurance rates. Factors that … Read more

Car Frame Damage & Structural Damage

Frame or structural damage to a vehicle is caused by a serious accident. A vehicle with frame damage or structural damage is unsafe to drive. Unfortunately, you will find these vehicles having a clean title. Many dealers sell them knowing that the vehicles’ frames or structural components had been damaged before. They do not disclose the damage because they feel that the car buyers will believe that vehicles have a clean title. When dealers hide this fact, they normally want to make larger profits from … Read more

Buying from a “Buy Here Pay Here” Car Lot

“Buy Here Pay Here” dealerships are new or used car dealerships that finance the car themselves rather than using the lending institutions. They market their businesses to people with bad credit or low income. Since they serve car buyers who can’t afford bank loans because of their bad credits, they inflate vehicle prices at will and charge high-interest rates on car loans. When a buyer misses even one monthly loan repayment, they aggressively repossess the vehicle without looking back and keep all the money that … Read more

Buying a Car with Bad Credit

If you are planning to finance your car with a bad credit, then you will find limited options because many banks and lending institutions only give loans to people with good credits. However, there are several ways of buying a car even if your credit score is low. The steps below will show you how to buy a car with a bad credit. Rebuild your credit score first You will need to improve your credit score as much as you can before you visit your … Read more

Airbag Safety & Airbag Fraud

Airbag safety and airbag fraud is common in the United States. You will need to be careful not to become a victim of these frauds. How to spot airbag fraud It is up to you to recognize and avoid airbag fraud since there are no protection measures in place. A good place to go for airbag safety and fraud education is a reputable auto repair shop. If your vehicle’s airbag light is on, this is a clear indication that something is wrong with your airbag. … Read more