The Consumer Protection advocates

Tag Archives: car financing

Dec
01

There are several ways an individual may get a vehicle; either a new or a used one. As a car purchaser you should be aware of car financing options available to you. Following are the main vehicle financing options that you may choose as a car shopper. Paying Cash One advantage of paying cash for a vehicle is that if you are paying cash, you will be able to resell the vehicle easily whenever you want. Also, by paying cash you will liberate yourself from the trouble of paying monthly payments every month for a long period of time. Additionally, as soon as you have paid cash, you will …



Jan
26

When you enter a dealership, do not hope to see Mr. Honesty coming up to you. Though there are good dealers in the automotive industry, there are bad ones, too. These are people who are working out plans of ripping off unsuspecting buyers all the time. One common type of fraud designed by such dealers is the so called straw purchase scam. This is a common car finance trick practised by many of them. The word combination “straw purchase” may remind you something quite different from the automobile sphere. The term was once used to denote the act of buying a gun for someone that did not have the …



Dec
19

It is sometimes rather difficult to choose a car especially if you are going to drive it for years. The other hard work you must do is to choose the car financing options when buying a car. Usually, by the term car financing, people mean financing by the dealership. This is when the dealer provides you with the auto loan. The opposite term is paying cash for the vehicle. The overall statistics show that in the U.S. people more often finance the cars rather than buy them in cash. However, today we are going to discuss the three main car financing options for buying a car. They are the …



Jul
13

Car financing is a common incident; yet it does not mean that you can take it carelessly. You need to be aware of the different financing choices that exist. A little investigation may help you to obtain a superior financing deal. Be wary of someone who tries to convince you that financing a car is a better deal than paying cash for it. It is not excluded that the premiums could possibly be reasonable, collectively by taking out a loan and paying interest, you will be paying much more for the vehicle than you would if you were to pay cash for it. The only method that financing could …