Buying a car is huge responsibility for an adult and probably a teenagers first real investment. One thing that teens need to learn, besides making car payments, insurance payments, and paying for gas, is how to maintain their car. Sometimes they think they can just get in and go, never thinking about what is going on underneath the hood. It can be a scary, and costly, realization when something goes wrong.
Thankfully my teen daughter is getting a car soon and I was able to research a checklist for her. Below is what I found. If you have a teen buying a car print it out for them!
Check Every Month
- Oil Level
- Tire Pressure
- Air Filter
Read More HERE.
Now a days when buying a family car safety and plenty of room are two of the top requested features. But what should you look for in a family car? You will spend a good chunk of your time in your car and you need it to be comfortable. Keep reading for some great tips on choosing a family car.
Lots of Space and Comfort
While space and comfort are closely related, other aspects affect comfort in positive and negative ways. Interior materials are one of them. A car with rigid racing seats or sticky leather seats is probably not comfortable nor practical for a family. Stick to ordinary fabrics for comfort and ease of cleaning.
Another area to look for space and comfort is the cargo area. Having plenty of trunk and cabin space is a must with a family. Cars with seats that fold down are perfect for transporting large objects or those family trips when you need everything but the kitchen sink.
Read More HERE.
I think we have all had that one time where we are just cruising down the road and then it happens. A strange smell. What could it be? Is it the engine? Is it the gas? Is it oil. It can be confusing and a little scary.
It doesn’t have to be though. Below are 5 smells that you will definitely recognize and what they could mean.
- Burnt Rubber could mean slipping of the drive belts or hoses that might be rubbing against rotating accessory drive pulleys. This is something that needs to be checked soon.
- Hot Oil- The smell of hot oil could mean that oil is leaking onto the exhaust system. To verify a leak, look for oil on the pavement or smoke coming from the engine area. Please turn off the engine before checking for the leak.
Read More HERE.
[et_pb_section][et_pb_row][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]
Chances are if you are in the market to get a new car ( or used one) and need a loan you are feeling overwhelmed. That’s okay. Getting financed is a confusing and scary experience. Especially if you have never bought a new home, etc. But there are tips that can help you be prepared and think about what you want to do.
Choose where you want to finance:
Do you want to go through your local dealer or through your bank. There are pros and cons to each, so it is in your best interest to research the best rate and terms.
Check your credit:
You should be checking your credit periodically anyway but if you are like most people ( raises hand) you aren’t. Now is a great time to check your credit. Your credit score will play a key role in the rate you’ll pay for your loan.A high credit score can help you get a low car loan rate, which in turn saves you money on interest.
Pick Your Payment:
Car loans typically come in 3-, 4-, 5- and 6-year terms. The longer the term of the loan, the lower the monthly payment. But a longer car loan also means you are likely to be “upside down” for a longer period of time. To be upside down (or “underwater”) on a loan means you owe more than the vehicle is worth. Also don’t forget to factor in your insurance, maintenance, and gas costs.
Read More Tips HERE.
A lot of people think that buying a car is an investment. Wrong, you are buying a depreciating asset. It loses more than 20% of it’s value in the first years.
Consider these tips on your next auto purchase and make it a long lasting, happy experience.
- Assess your budget. Review your budget and calculate how much you can afford. Do not deviate from this when you are at the dealership. That will put you in a lot of debt.
- Check your credit report. If you have bad credit clear it up before buying a car. Also, make sure there are no discrepancies or identity theft. You want the best rating possible before going to the dealer.
- Get an auto loan pre-approval. Before stepping on the lot make sure you can get financed. If this is your first car ever you may not be able to get financing at a good rate. Make sure you know how much you can borrow and what the payments actually will be. Sometimes it may cheaper to pay in cash. Also, if it is possible get a cosigner if you can’t afford cash and have no credit rating.
- Determine your car requirements. What do you need and want? Know which car is right for you.
- Shop for the best deal. Most dealerships have a way for you to get a quote from the comfort of your own home. Don’t be afraid to use this resource. That way you know exactly what you want and how much it is going to cost before you even step on the lot.
Read More HERE