Graduation means new beginnings. For many that means a new place of living, a new job, and a new means of transportation – a must for the new graduate. Buying your first car is a huge investment and there are important factors to consider before signing all the paperwork. Here are some tips to help you save money and make the process of buying a vehicle stress free.
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Make sure your vehicle gets maximum fuel economy and pay less at the pump with these gas saving tips.
Poor alignment can be the cause of poor fuel economy. When your wheels are not aligned, it forces your engine to work harder. Align your tires and you can save hundreds in fuel usage.
Tire Air Pressure
Under-inflated tires are not only a safe hazard, but can drop your fuel economy. When the tires are under-inflated, there is added resistance which causes the engine to work harder and burn more fuel. A simple air check can be done at most gas stations.
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If you’re planning to buy a new vehicle then you’ve probably considered financing. We’re here to break down all your questions about auto financing.
To qualify for a loan, you will need to get “pre-approved”. This will help the bank or credit union determine the loan amount that you are able to get. Once you are approved, the bank or credit union will give you a loan to pay for the vehicle. The loan will require you to enter into a contract with the dealership, where you agree to pay the financed amount, including a finance charge, over a period of time. Even if you have bad or no credit, you may still be able to get pre-approved for a loan. Continue reading “All About Auto Financing”
Trading in your vehicle for a new one doesn’t have to be hard and stressful. To make you more educated, we’ve compiled a list of things that matter.
Make sure the season is right for the vehicle you are trading in. If you have a car with heated seats, AWD (all-wheel drive), and tires made for the wet weather, then you’re better off trading in your vehicle during the cold and rainy season. A convertible sports car on the other hand, might not sell so well during the cold winter season, so consider trading it in during the hot summer months.
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Buying a car, truck, or SUV can be overwhelming, and it’s a big financial commitment. To help prepare you, we’ve come up with 5 important questions to ask your salesperson before you agree to buy.
1. Can I see the CARFAX?
Every reputable dealership will have no problems providing a CARFAX. You need to learn the car’s history before owning it. CARFAX report will show the history of the vehicle: previous ownership, service records, and any accident information. You don’t want to be facing potential mechanical issues due to previous problems.
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