Posted in Automotive, Buying vs Leasing, Financing, Leasing on Feb 18th, 2008
If you are considering leasing, there are several things to keep in mind. The monthly payments on a lease are usually lower than monthly finance payments on the same vehicle because you are paying for the vehicle’s expected depreciation during the lease term, plus a rent charge, taxes, and fees. But at the end of […]
Posted in Automotive, Buying vs Leasing, car buying incentives, Cost of Ownership, Financing, Research on Jan 25th, 2008
Times have changed. The days of going into your friendly neighborhood dealership and sitting down with a smiling salesman are coming to a close. The way we shop for cars is not the way your dad shopped for cars. The internet has vastly improved a consumers resources. Any average Joe is just a few clicks […]
Posted in Automotive, Buying vs Leasing, Car Budget, Cost of Ownership, Financing, Incentives, resale values on Nov 28th, 2007
It long been a fact that American cars don’t hold any resale value. Anyone who’s had the displeasure of experiencing the difference between an imports depreciation versus an domestic vehicle’s will wholeheartedly agree. There are just to many American cars on the road and this fact alone drives prices, and value, down. Domestic car manufactures […]
Posted in Buying vs Leasing, Financing on Nov 6th, 2007
Cars.com has some advice I found helpful on how to get the best Interest Rate. They give you several primary factors that determine your interest rate: Your lender. Unless you borrow money privately, you’re going to be working with a bank, a credit union or an automaker’s financing arm. There are various pros and cons to […]
Posted in Buying vs Leasing, Car Budget, Financing on Oct 31st, 2007
The Federal Reserve Board today just announced at the 2:15pm EST update a decrease in the Fed’s fund rate by .25%, lowering the rate in which banks can borrow money on short term to 4.5%. This is the lowest since April 2001. Unless you have been under a rock, you see and hear about the […]
Posted in Automotive, Buying vs Leasing, Financing on Oct 23rd, 2007
Again an easy to read list from cars.com. This one breaks down the Resale Value by class. Of course not every car is on there but its a great source to get you to start thinking about how much to sell your vehicle for or, to think about which to buy. “Though probably not at […]
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