Your first step in landing an auto loan is optimizing your creditworthiness. Find out your credit score. Improve it quickly, if possible. And use this self-appraisal as the linchpin of your strategy.
Lenders insist that every car loan deal is as individual as we are. But they’ve got to start somewhere in evaluating your creditworthiness. And [...]

You want to buy a new vehicle. You’ve determined that you can handle the monthly payments because your job and personal finances are going to be OK. And certainly, car dealers will be eager to see you come in and shop their nearly empty showrooms these days.
But one concern is holding you back: Can you [...]

You’ve got your auto lease deal all set when it hits you: “What happens if this car gets into an accident?”. Technically, the car still belongs to the manufacturer or leasing company. But, you’re still responsible for replacing it.
That’s right. Even after your auto insurance company figures out how much the car is worth and [...]

When an auto loan deal goes wrong, it’s often because of problems that occur when the contract is prepared in the finance and insurance office (the “F&I” room). It’s here that a car buyer can see much of the potential savings regarding his or her auto loan go up in smoke.
To better inform car buyers, [...]

A major factor in the U.S. auto market’s recent deterioration was the number of people who took out car loans they couldn’t afford. While being upside down on a car loan is nothing new, in 2008, 24.3 percent of Americans who bought a new car still had an average of $4,442 in negative equity on [...]