Archive for the ‘Automobile Financing’ Category

Rule Of Thumb Auto Finance Rule

Friday, January 5th, 2007

There’s a rule of thumb formula for calculating how much most lenders will let you finance monthly for a car loan. Because interest rates have generally declined over the past several months it may be worthwhile to look into refinancing your auto loan.

Does Refinancing Your Car Loan Make Sense?

Tuesday, December 26th, 2006

When does auto refinancing make sense? If you bought your car from a dealer, chances are that the specific APR of your auto loan was never part of the negotiation. Car salesmen are very good at keeping the money discussion focused on the amount of your monthly payment and never how much that money is costing you. You may be buying a $20,000 car with 15% financing but the dealer is really selling you a $28,500 installment note.

Useful information about automobile financing