This article reprinted courtesy of NerdWallet.
When it comes to insurance, we all look for ways to save money. One of the easiest and most common ways to save is by bundling auto and home insurance with one company.
Even if you’re no stranger to car buying, the experience can be challenging. Use these tips to help you successfully navigate the process and drive home happy.
Mention the word “refinance” and you probably think mortgage. And paperwork and hassle. Yes, refinancing your mortgage can mean both. But refinancing your car loan, not necessarily. By reducing your interest rate, you could save on your monthly payment and over the life of your loan, save thousands. And it’s easy!
When buying a car for your young driver, it’s important to find one that’s budget-friendly, affordable to insure, and most importantly—safe. But according to two studies conducted by the Information Institute for Highway Safety (IIHS), teenagers are more likely to drive the least safe vehicles on the road, such as sports cars, subcompacts, or mini-cars.
This advice blog is provided by TrueCar®, our Car Buying Service.
The decision to buy or lease can be a biggie.
A lease is a long-term rental, a car you’ll have to give back to the dealer at some point. A purchase is, well, yours for the long haul. Often your choice will come down to price.
For bargain hunters, buying a salvaged vehicle has advantages and disadvantages. On the plus side: Even though it may not be worth as much as a clean-title vehicle, getting a good price on a safe, repaired car can make financial sense. According to the experts at Kelley Blue Book, you can buy a salvaged vehicle at a 20 to 40 percent discount from the market value. One of the negatives? You probably won’t get top dollar on your car when you go to resell it. So it’s important to do your research and consider your own intentions for the car. If you plan on keeping the vehicle for an extended period of time, it could be a smart purchase.
Paying too much for your auto or homeowners insurance? If you haven’t shopped around recently, the answer is probably, “Yes.” One reason? Insurance sends you a bill, and you pay it. That’s costing you. Here’s how to see if other insurers can do better.
Who wouldn’t want to finance a car at 0% interest? It has the potential to save you a lot of money over the life of the loan, right?
That’s what auto dealerships count on. It’s one of the best ways they have to get you into a new car, according to a J.D. Power Dealer Finance Study.
Many people approach the purchase of a new car nervously. Fortunately, a little knowledge can go a long way toward making you a smart shopper. If you’re in the market for a new car, the following tips can help you negotiate the best price on the car you want.