An expert at a car loan company explaining auto loan terms to customers

Source: Pexels

A car is an expensive purchase, and it is important to know what you are getting into. It can be a pretty intimidating experience to buy one for the first time. There are so many models and makes, features, and prices to choose from that you could spend hours just browsing online before you even get started looking at cars in person. 

But theres no need to feel overwhelmed by all the choices out there because there are some common auto loan terms that will help you while shopping for a car.

Well start...continue reading

Drivers using Toyota's Audio Multimedia and Connected Services system on the dashboard inside their used Toyota

Source: Toyota

If you are thinking about buying a used Toyota, there is one important question you should ask before signing on the dotted line. Can I still sign up for Entune? 

What is Entune?

Entune is an entertainment system that connects your car to online content like Pandora and Yelp. You can download it as part of the purchase or lease transaction for new cars, but not if you buy a used car. That means you will need to sign up for Entune again if you want the system. The good news is it doesn't cost anything...continue reading

A customer asking important questions at a car auto loan company

Source: Pexels

A car loan company is a business that is involved in the lending of money to individuals or businesses with vehicles as collateral. The vehicle can be used by the borrower during the term of the loan, and then returned at its agreed value.

A car loan company will typically charge interest on these loans which are usually paid monthly until they are repaid in full. This type of financing may also have an origination fee attached to it which would be added onto your balance each month for use...continue reading

A person filling up gas in a fuel-efficient vehicle

Source: Pexels

Driving a fuel-efficient car can save you money in many ways. Fuel efficiency is the key to cutting down on your overall automotive costs. One of the best things about switching to an efficient vehicle is that it will reduce your gas expenses greatly. The average driver spends over $1,500 per year on gasoline alone!

Here are three ways fuel-efficient cars can save you money.

1.) Save Money On Gas

First, driving a fuel-efficient car reduces the amount of money you spend on gas.

By choosing a more...continue reading

Blue 2021 Ford Edge parked on a city street
Source: Ford
Whether you want to buy a car or a home, your credit score plays an important role. How? Not everyone will pay the price of a vehicle outright, which means you have to get a loan. With vehicle prices starting at $35,000, most consumers in the US will use a loan to buy one. As part of the process, lenders do a credit check to find out if you are eligible. Your current score will play a role in getting approved for auto loans.
Key takeaways in the car financing process
Consumers have several credit...continue reading