How to drive a deal on your next used car. Buying a used car has its advantages as the steepest depreciation costs for new cars come during the first few years of ownership. Used cars come priced to reflect steep depreciation, are generally cheaper to insure then new cars, and … Read more
Consumer credit reporting agency sees increased risk of default on some loans. Easy credit has hurt consumers before and the current credit underwriting climate is no exception. A study conducted by the credit reporting agency TransUnion found the average auto loan term has expanded from 62 months in 2010 to … Read more
Getting out of a lease early the no-cost way. The call came out of the blue: “Mr. Keegan, this is “John” from XYZ car dealer. We were wondering if you are interested in getting out of your current lease in exchange for moving on to a new vehicle now?” That … Read more
You are ready to buy your next car and have set your eyes on something new. Sure, you know that new cars lose a lot of value during the first year of car ownership, but you have a long-term ownership strategy in place and plan to drive your next car … Read more