Finance Logo

Related Topics:

Sara jhonson Posted on Aug 08, 2013
Answered by a Fixya Expert

Trustworthy Expert Solutions

At Fixya.com, our trusted experts are meticulously vetted and possess extensive experience in their respective fields. Backed by a community of knowledgeable professionals, our platform ensures that the solutions provided are thoroughly researched and validated.

View Our Top Experts

I need a loan to buy a new car, what do I need to do?

5 Answers

Peter Engelhardt

Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

  • Contributor 2 Answers
  • Posted on Jan 07, 2016
Peter Engelhardt
Contributor
Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

Joined: Jan 07, 2016
Answers
2
Questions
0
Helped
1948
Points
4

Credit karma is free just sign up. Check your credit ,pay off all outstanding debts.Shop within your means .Do your homework .Take someone with you who knows cars and people who sell them.Know what you want. Don't bite off more than you can chew, repos will destroy your credit. Check the blue book. Go to more than one dealer. Good luck Happy New Year..

katymngo

Level 1:

An expert who has achieved level 1.

MVP:

An expert that got 5 achievements.

Habit-Forming:

Visited the website for 3 consecutive days.

New Friend:

An expert that has 1 follower.

  • Contributor 18 Answers
  • Posted on Jan 07, 2016
katymngo
Contributor
Level 1:

An expert who has achieved level 1.

MVP:

An expert that got 5 achievements.

Habit-Forming:

Visited the website for 3 consecutive days.

New Friend:

An expert that has 1 follower.

Joined: Nov 10, 2015
Answers
18
Questions
0
Helped
5664
Points
75
Ad

ELENA KHAN

Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

  • Contributor 1 Answer
  • Posted on Oct 31, 2015
ELENA KHAN
Contributor
Level 1:

An expert who has achieved level 1.

New Friend:

An expert that has 1 follower.

Joined: Oct 31, 2015
Answers
1
Questions
0
Helped
1777
Points
3

Hello everyone my name is Elena Khan i reside in Moscow Russia, am here to testify how i was scammed by various loan lender from this site. I was in need of a loan and i applied from various loan lenders from this very site. They asked me to pay some amount of money at different basis but i never get my loan. This was how i lost the sum of 15,000 euros. I was now in debt because i borrowed the money from a friend. One day a friend of mine called Oleg Alex introduce me to (Mrs Celestina Investment). He told me how she has helped him with loan at several cases without any delay. I was scared and never believe him. He urge me to trust her company, this was how i as introduce to her through her email: [email protected]. She told me she will offer me the loan that i only need to comply with them. I did as she told me and without any delay, i received my loan as he earlier promise. Am here to tell you that most of the loan lenders in this site are scammers. If you truly need a genuine loan please meet (Mrs Celestina Investment) through her email: [email protected]. She is a registered reliable loan lender. And don't forget to testify after receiving your loan.

L D

Level 1:

An expert who has achieved level 1.

Corporal:

An expert that has over 10 points.

Problem Solver:

An expert who has answered 5 questions.

  • Contributor 14 Answers
  • Posted on Aug 17, 2015
L D
Contributor
Level 1:

An expert who has achieved level 1.

Corporal:

An expert that has over 10 points.

Problem Solver:

An expert who has answered 5 questions.

Joined: Nov 30, 2007
Answers
14
Questions
0
Helped
8218
Points
38

The best way to begin going about getting a loan is to first know your credit score(as this is one of the factors your APR on your loan will be derived from) (which you can obtain your credit report free Once each year) & you can get your credit score for something like $4.95 then cancel the 30 day trial they give you...If you don't want to go through that you can also goto the dealer you plan to purchase from & once they run your score & history make sure to review it (they cannot give you a copy but you definitely have the right to review it).

It is also advisable to know how much money you are going to put down & what monthly payment will be comfortable for you to afford. Have an idea of which car(s) you want & then go test drive to find the best fit for you.

Car buying should be a fun experience and you should not be intimidated by a dealership or their associates or managers. If you are not treated with respect or customer service then take your business elsewhere because there are plenty of dealerships out there. Remember you are in control as it is your money that you are spending. Good luck & have fun!!!

Tommy

Level 2:

An expert who has achieved level 2 by getting 100 points

MVP:

An expert that got 5 achievements.

New Friend:

An expert that has 1 follower.

Greenhorn:

A rookie expert who has answered 20 questions on their first day.

  • Expert 40 Answers
  • Posted on Aug 08, 2013
Tommy
Expert
Level 2:

An expert who has achieved level 2 by getting 100 points

MVP:

An expert that got 5 achievements.

New Friend:

An expert that has 1 follower.

Greenhorn:

A rookie expert who has answered 20 questions on their first day.

Joined: Jan 24, 2013
Answers
40
Questions
41
Helped
21593
Points
240

Basically, you need to know how much money do you need and in how much time you can pay it back. Please read this article:
http://auto.howstuffworks.com/buying-selling/car-financing.htm

Add Your Answer

×

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

0helpful
1answer

What additional income do you have?

I am making money just using LeadsMarket affiliate program https://www.leadsmarket.com/installment-loan-leads-publisher-program that is really popular among all my friends. They recommended me taking part in it. This company helps customers in such areas as personal loans, business loans, car loans. Also this company gives the opportunity to buy and sell leads, to look for new customers and buyers.
tip

Tips for Driving Down the Price of Your Auto Loan

Here are some helpful tips for taking out an auto loan:
Before you sign on an auto loan, make sure to compare interest rates. The car dealership may not offer you the best rate. Check other lenders such as banks and credit unions. (Credit unions usually have better rates.) There are many sites online that compare interest rates from different lenders.
If you are able to come to the dealership with a pre-approved loan, you can focus your energy on negotiationg a better price for the car. Once you've been told you have a loan, make sure you have the loan in writing before you buy the car. Your credit score may not be high enough to be eligible for the loan you are offered. That's why it's important you know your credit score, so that you can better negotiate your interest rate on the loan.
Also, avoid loan stacking: Car dealerships may offer you a new loan that will help you pay off a loan on your previous/current cas as well as finance a new car. This is never a good idea. Agreeing to this type of loan means that you are taking out a much bigger loan than you need to.
Try to pay off as much as you can up front, so that you won't need to be paying off the car for years and years to come. In general, it's always a good idea to avoid long-term loans. Although these usually come with low monthly payments, your car's value could decrease signigicantly before you pay off the loan. You may be stuck paying off a loan for a car you no longer even want.
Also, be sure to ask if there are any penalties for paying off your loan early.
I hope these tips helped you with purchasing your new car!
on Sep 23, 2013 • Finance
0helpful
1answer

I am going to buy a car, and I am thinking of taking a loan at a bank, but wonder what was best: whether to take the loan at the dealership or at the bank itself. Do you think banks are offering nice

Generally, if you're buying a new car, a bank or even a credit union can't come close to the low interest rate you can get at a dealership. Bottom line, go with whomever offers the lowest interest rate.
0helpful
1answer

Who are the leading Auto loan lenders?

Try this website, it ranks the best Auto Loan
Services:

http://auto-loan-service-review.toptenreviews.com/
Good luck!
Aug 08, 2013 • Finance
1helpful
2answers

Urgently looking to buy an inverter 04813406AA REV.AA EMD MEX 030 403 Cluster for installation in a car Chrysler Sebring 2006.

Contact Circuit Board Medics at www.CircuitBoardMedics.com. They can repair the instrument cluster for you.
Not finding what you are looking for?

1,787 views

Ask a Question

Usually answered in minutes!

Top Finance Experts

john h

Level 3 Expert

29494 Answers

Milorad Miladinovic
Milorad Miladinovic

Level 1 Expert

8 Answers

BANOTH PARVATHI
BANOTH PARVATHI

Level 1 Expert

12 Answers

Are you a Finance Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...