Many financial experts suggest that one not use an old car as a trade in when purchasing a new car. In fact, trading in your old car may ultimately cost you more or hurt your chances to get approved for an auto loan.
Most auto dealers have a certain amount of price flexibility. The more [...]
GAP has saved thousands of Americans Millions of dollars, but what is GAP and how does Gap Coverage Work?
Ford just unleashed the best incentives ever on new F150’s! I’ve seen 0% interest before and I’ve seen good rebates, but this program beats them all.
Usually you need to give up all rebates and choose a short term loan to qualify for 0% financing. Not any more. For a limited time you [...]
What does the government do when the economy slows down during an election year? Give money back to the hard working people of the country. Car Loans are not the only thing we could think of to spend the money on. With only a couple of weeks or so until the money starts going out, [...]
Some people think of a Bankruptcy as a last resort. I talk to customers all the time who are a few months behind on every bill they have (including their mortgage or rent) and still want to try to buy a car. It baffles my mind that someone can think that it might be a [...]
It happened again. We had a couple apply for an auto loan at www.WashingtonAutoCredit.com exactly 2-months ago. We were honest with them about their vehicle options, and they decided that they wanted to try other dealers because we let them know that a seven passenger SUV was not going to be possible for them without [...]
Almost everyone does the same thing, we see nice things and we want them. We tend to stretch to obtain the newest clothes, the biggest house, the nicest car. Many people are often so concerned with buying the best in life, that they loose sight of the big picture. Trying for the most expensive [...]
Do you ever wonder why most people that have monthly payments on their car owe more money on their car than a dealership would give them for trade-in? Or why they owe more money than an insurance company would give them if they totaled the car?
Here are the two reasons:
1. Low Down Payment.
2. Low Monthly [...]