Cars have become a necessity in the United States. Unlike, Europe or parts of Asia such as Japan there are not as many public transit options available here. Thus, you most likely need a car for your daily needs and business.
However, with gas prices approaching or even surpassing $4/gallon in some states you want to […]
A lot of people today are refinancing their auto loans, but they don’t realize what a mistake auto loan refinancing can be. They think they can increase their cash flow by refinancing the auto loan, but several negative things can happen. First, cars usually depreciate sharply. Around 45% in the first three years, according to […]
Are you thinking about refinancing your auto loan? If so, you may want to read this interesting article at Wired before getting a car loan. The article states that the typical owner owes $4,221 more than their vehicle is worth. It also makes the case that the auto loan industry could be headed the way […]