Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
More
Related Categories
Tip of the Day

Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

read entire tip

Recently Added
Other Great Sites
 

Capital Car Finance

Automobile in particular can be purchased either through cash or through finance. But those who are short of cash have to depend on capital car financing institutions. Many start off bravely but somewhere en route make mistakes thereby losing quite a lot of money.

The first blunder they make is of accepting terms proposed by the dealer. Many a time lending institutions offer buy down rates to the dealer which remains undisclosed to the customer. When a person signs at 7.25% for it is considered to be the best rate on your credit rate, you may be leaving one or two percent behind on the table. It is important to negotiate and of course do some research as it will help to save money although the dealer may not agree to surrender his entire buy down rate.

Be aware of your credit score and outstandings against your income as well, before the lenders willing provide you the loan amount. Prior to considering lending institutions, consider the bank that you are dealing with as many cater to existing customers for loyalty reasons, especially if the relationship has been a long-term one. Special finances are offered by some employers on automobiles for fringe benefit. Research diligently before accepting these as the best rates. Military and government officials are offered special financing which beats all rates that are currently offered. For details these members must get in touch with their finance office.

Be prepared for making marginal down payments, as a majority of the lending institutions finance only a part of the purchase price. That is if the car cost $20,000 you will be offered a loan of 80-90% of the car value. The purchaser will have to make arrangements for $2000 for down payment and over that will have to pay for tags, fees and taxes separately.

A buyer having marginal credit must also understand that finance managers generally quote rates which they think is suitable, much depends on how good his relation with the lender is.

Finally, the rate of interest is directly proportionate to the loan term. In case of a short term loan of 24 months you may be levied an interest rate of 5.9% and a loan of 60 months may have 7.5% interest rate. Car finance currently is available at simple interest rates, therefore it would be sensible to opt for a long term loan even if it is at a higher rate of interest.

Discuss It!

christian louboutin outlet said:

A buyer having marginal credit must also understand that finance managers generally quote rates which they think is suitable, much depends on how good his relation with the lender is.

kingroot apk said:

kingroot apk king root for android or ios can be used easily. These days you see the technology is so much developed that nowadays you can easily win any game within a few minutes

uk replica watches rolex replica watches said:

GREAT

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com