Let’s look at the recent increase in car payments and some ways to help you lower the monthly payments on your next vehicle. Spikes in Car Payments Monthly car payments vary depending on many factors, such as the initial purchasing price of your vehicle, whether the vehicle is new or used, your loan interest rate,
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The majority of vehicles purchased are financed. If you are looking for details on financing, or if you’re a first time buyer looking to finance we have helpful information for you.
5 Things to Consider When Financing a New Car
by Lori Straus Financing a new car can get you behind the wheel years before you’ve saved up enough to pay for one outright. For some, that’s a luxury: they’d rather drive now and pay later. For others, it’s reality: to earn money, they have to drive now and pay later. Whatever your situation, though,
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Can Used Cars be Leased?
Yes, you can lease a used car. No, not every dealer offers used-car leasing. Here’s the rundown of leasing a used vehicle.
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The Ins and Outs of Leasing Your Vehicle
Leasing your vehicle means you pay for the vehicle’s depreciation, but you don’t own the vehicle while you’re in your lease. Consider it more like a multi-year rental agreement.
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What to Consider When Financing Your Car for 72+ Months
If you’ve chosen a 72-month loan because it makes your dream car affordable, it means you can’t afford your dream car in the first place.
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Bad Credit? 5 Tips on Getting a Fair Car Loan
If you have bad credit, you may believe you’re stuck with the sludge at the bottom of the gutter when it comes to car loans. You’re not. If you want to buy a car but have bad credit, you still have financing options.
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Financing Your Car for the First Time
Financing a car for the first time can be really exciting: you finally get your own set of wheels and can go wherever you want! Below you’ll find tips for financing cars for beginners. You’ll learn about things to consider and research before jumping into that first financed purchase.
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The Best Financing Options for Used Cars
For most Canadians, buying a used car involves seeking financing to make it direct and easy. Power Information Network (PIN) pegs the average monthly payment for new vehicles at $570/month which represents 18% of what the average Canadian earns.
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