Don’t have money to buy a car with cash? Then do what the majority of car shoppers in the U.S. do: finance the purchase. There are two basic ways to go about financing a car: direct lending and dealership financing.
Startup Jetpac crowned St. Louis as the happiest city in America based on the residents’ photos on Instagram. If you live in St. Louis, you know it is a happy place. But did you know it can be a happier place, especially for car buyers? Car buying here in the city, or any U.S. city for that matter, can be less stressful if you only follow advice that will truly help you in the transaction. Listed below are car buying advice you should forget if want to get a good deal.
On February 4, intense snowfall came to St. Louis, making the city’s roads and highways slick. Because the severe weather has made traveling very dangerous, schools and offices were forced to close. Driving under such conditions is treacherous, but it is even more so if the vehicle you are driving is not well maintained for winter. In case you haven’t done winter car maintenance, here are some tips you should follow now and remember for the next cold season.
If you are a St. Louisan car buyer with bad credit, you probably already know that you will be paying more auto loan interest. What you probably didn’t know is that you will also be paying more auto insurance. According to InsuranceQuotes.com, those with bad credit pay double for auto insurance premiums compared to those with stellar credit. This fact should be enough encouragement for you to try to improve your credit.
According to the statistics offered by the Federal Reserve Bank of St. Louis, the third quarter of 2013 saw a decline in the percentages of balances in severe delinquency of auto loans. While this suggests that more people are repaying their loans and doing it on time, there are still many St. Louisans who struggle to make car payments.
If you are one of these people, find out what options you have if you can no longer afford to pay for your car. Listed below are some of the things you can do if that time comes.