Getting a car loan after repossession can be a challenge, but it is not impossible. In most cases, having a car repossessed is due to unfortunate financial circumstances. Unemployment, underemployment, unexpected medical bills, increased rent or mortgage, and the like, can deplete savings and leave you strapped of cash. The result can lead to falling behind in paying bills and making car payments on time. If you fall too far behind, you open the door to a having your car repossessed. Repossession of your car will blemish your credit report for seven years following the date the loan went delinquent. At first, your score will drop significantly, making approval for a loan difficult. However, the impact on your credit score doesn’t have to last as long as the repossession itself. You can do something about it. How to get a car loan after repossession will depend on how well you... Read More.
Kelley Blue Book (KBB) is considered one of the most reliable resources and for determining the value of a used car, and an authoritative pricing guide for selling, buying, and trading cars. The company provides customers, businesses, and consumers with accurate vehicle pricing information. Automotive experts acknowledge that KBB is one of the most popular and trusted guides in automotive pricing. Though Kelley Blue Book was first published in 1926, since 1995, the Blue Book price guide is available online for convenience.... Read More.
When it comes to buying a used car, fuel economy is always one of the key factors to consider. The most fuel-efficient used cars are perfect for a long daily commute or nearby errands or to simply pick up the kids after school. If fuel economy is something you are considering in your next car, the best fuel economy is found with vehicles that have four cylinders. The number of cylinders found in an engine relates to its overall performance, a big part of that relating to fuel efficiency. Four-cylinder engines are known for their straight inline configurations while V6-cylinder engines are named for their “V” shaped configurations. V6 engines were long the engine of choice for American automakers—powerful, quiet, but not that fuel inefficient.... Read More.
Preventive maintenance is the best way to ensure the long life of your car and save you big money on repairs. Some of the best car maintenance tips are also the easiest to do. Any questions about your car’s maintenance can be found in your car’s owner’s manual, along with the recommended fluid types. Following simple car maintenance tips will go a long way in helping make the engine, transmission and your vehicle last longer and maintain value.... Read More.
You will find some of the best SUVs under $20,000 are available at Auto Action in Phoenix and the greater Phoenix area. SUVs have always been trendy and well-liked – however, for many drivers nowadays, an SUV represents a practical option for transportation. Over the years it has grown popular with families large and small, and are popular with couples and singles, too. SUVs offer versatility, plus they are spacious, comfortable, and easy to drive. They also come in a variety of sizes. Full-size SUVs can transport you and your son’s or daughter’s Little League team. But there are standard, medium and compact size SUVs, as well, that have plenty of options to choose from. And more important, many SUVs are budget-friendly and have more standard features than ever. If you’re in the market for the best SUV under $20,000, we’re here to help. Rather than buy new, you can... Read More.
If you are considering buying a used car then it’s important to set aside some time and do a little used car research to make sure you find the right make and model to meet your needs. Finding that car is a step-by-step process. With the amount of information available at your fingertips, you can easily check the prices, know what you can afford, find a wide range of choices in makes and models, read the dealership reviews, check the vehicle history reports, and more. Here are six steps to guide you in your used car research before you walk into a dealership and test drive a car.... Read More.
If you are car shopping and wonder, “What are buy here pay here car lots?” or “How are they different than traditional dealerships?” the answer is pretty straightforward. Buy here pay here car lots (BHPH) literally mean just that. BHPH dealers offer on-site financing. They sell and finance the cars on the lot. At a traditional car dealership, the car is sold at the dealership, but financed through an auto lender.... Read More.
Looking for good ways to build credit but not sure where to start? An easy, reliable way to help give your credit a boost has always been through a car loan. For starters, it will have an impact of both your credit report and your credit score. In the long haul, paying the loan on time will also help you establish or rebuild your credit, and improve your credit score. Repayment will also improve your eligibility to receive other types of loans, such as a mortgage, personal loan or credit card.... Read More.
How to finance a car with bad credit comes down to taking a few proactive steps. The fact is, you can find a car, finance it, and drive away no matter your credit woes. If you’re willing to do some shopping, be patient, with a little homework, you will certainly be able to finance a car that will work for you. Here are some practical tips and considerations for consumers with credit problems who are about to enter the car market.... Read More.
Why buy a used car? Buying a used car saves you money. It’s that simple. These days, used cars offer reliable transportation for consumers. They last. You can get the miles you need out of them, which means you will get the most for your money. Used cars offer a great value, too. The affordability is a very good way to save dollars, especially for families on a budget. Why buy the same model new car for thousands of dollars more than a used one? There is much to consider when purchasing a car, but ultimately, if you want to save money on that purchase, buying a used car is the way to go. Here are 5 top money-saving benefits for buying a used car and some tips on how to select the right car for you.... Read More.