Check out the 2010 Kia Sportage.  A wide array of standard safety features; competent handling; stylish and versatile interior; and of course the remarkable warranty that KIA is so well known for.  Enjoy the video! 

1.       Applying for a refinance takes a lot of time

Completing an auto refinance application is fast an easy. It usually just takes a few minutes to complete the online form.

2.       I need to get my car appraised before I can refinance it

Contrary to refinancing your home, refinancing your automobile does not require an appraisal. You won’t have to worry about incurring appraisal expenses since lenders determine the value of your car by using Kelly Blue Book, NADA or a similar tool that provides vehicle values.

3.       It costs a lot of money to refinance my car

Most lenders do not charge any application or closing fees for you to refinance your auto loan. Depending on your state, a title transfer and/or registration fee may apply, which usually ranges from $5 to $65. Most lenders pay the fee on the customer’s behalf, and simply add it to the final loan amount. 

4.       I’ve had credit problems in the past, so I won’t qualify

Lenders understand that things happen in life. Having gone through some tough times in the past does not mean you can’t be approved. Even applicants with previous Chapter 7 or Chapter 13 bankruptcies can be approved, as long as the bankruptcies are discharged. The only way to find out if you qualify is to apply.

5.       I will not be approved because I am self-employed

Even if you are self-employed you can be approved to refinance your vehicle. Just like any other applicant, it is important that your income is verifiable. For self-employed applicants, this usually means providing an IRS form that allows your lender to request transcripts of your last 2 tax returns.

Pretty interesting article written a couple of years ago about the history of car loans.  According to the author, the article was written so that people could "gain a working knowledge of car loans, so that when you go to get one, you’ll know where they came from, why they were invented, and how all that affects the transaction you’re about to undertake."  This is indeed important.  As car loans have become a staple to the vast majority of those buying new and used vehicles, the tendency is for people to assume that they have always been there.  There are so many moving pieces behind each transaction with o many people vying for their piece of the pie.  Simply put, so much business!  And that is what makes it all so interesting.  Read on and get some foundational street knowledge about the industry. 

Check out Consumer Search for their top 5 auto tires in the following categories:

• Best all-season tires
• Budget all-season tires
• All-season tires for performance cars
• Budget high-performance all-season cars
• Max-performance summer tires
  

When shopping for a car a good payment calculator is a necessity.  You want to know how much your payments are going to be.  If you haven't seen it, our very own Roadloans.com has a wonderful payment calculator that allows you to figure out your monthly payments from the total of your loan, or the total of your loan from your monthly payments.  Our in house mathmeticians have been working around the clock to bring you this piece of mathematical genius.  Check it out here. 

 

Motortrend has a great tool for reasearching new cars for 2010-11.  Check it out here. 

In today’s economic climate, saving money has become a priority for many people. The old saying "It's easier to save a buck than to make a buck" is especially true as the U.S. economy is climbing out of recession with record unemployment rates across the nation.

One often overlooked way people can save money on their car expenses is auto refinancing. Just like a mortgage refinance, the idea is to find a new lender to pay off your existing loan, and replace it with a loan at more favorable terms for you.

The top 3 reasons you may want to consider refinancing your auto loan are:

• Reduce your monthly payments: When you refinance your car with a lender such as RoadLoans.com, you may be able to lower your car payment so that it better fits your monthly budget. This can allow you to better manage your monthly finances, and you can use the freed-up cash to pay down other debt, build your savings, or give yourself a treat.

• Skip a payment: When you refinance your auto loan, you may be able to skip a payment and may not have to make a payment for up to 60 days! Since the first monthly payment on your new auto loan will be due up to 30 days after the closing date, and the closing date will be 0-30 days after the most recent due date of your existing loan, you may enjoy up to 60 days of "vacation" from your car payments.

• It's an easy process: some people say refinancing your car is as easy as 1-2-3. You apply online, download and complete your loan package upon approval, and your new lender pays off your existing loan. No costly vehicle appraisals or certifications are required, and applying at a lender like RoadLoans is free and without any obligations !

Learn about the latest crossover from Lexus. Here is a quick rundown of their likes and dislikes:

Likes

• Smooth, strong powertrain
• Good ride quality
• Useful off-road electronics
• Standout safety features
• Towing ability

Dislikes

• Tall cargo floor makes the interior feel small
• Almost no cargo space behind third row
• Spongy brake pedal feel

See the full article here. 

 

 

I will never sniff a car this nice, and even if I owned one, I would never let my kids near it.  I would simply rub it with a diaper.  That said, it bears mentioning that such cars are available, and human beings do actually drive them. 

 

Take a stroll down memory lane to Retrobrick, and see how things were "back then" in the day of the old school mobile phone.  Its amazing how far we've come.  I remember my dad's car phone...a giant monstrosity bolted down to the middle console of his Ford Explorer.  We were the coolest kids on the block because we could...*GASP*...talk while driving!