Getting a new car is a big decision, and you should choose your next vehicle carefully. But if you think finding the right car is difficult, deciding whether to lease or buy can be even more overwhelming.
While leasing isn’t for everyone, it does offer a few distinct advantages over traditional auto loans. If you do decide to lease, you need to ensure you’re getting the best deal possible.
Here are four things you need to do before you lease a car.
Credit cards are one of the best tools around for building credit. They’re easy to use, offer flexibility and (sometimes) rewards, and they directly affect many aspects of your credit score.
But you may want to build credit without the help of a credit card. Maybe you have trouble managing credit cards, or you simply don’t want one cluttering your wallet. Whatever the reason, there are other ways to build a strong credit history.
Here are nine ways to build credit without a credit card. Read More
Buying a car is almost a rite of passage. Making that first car purchase, negotiating with the seller, and arranging financing (if you need an auto loan) all require a certain amount of savvy.
And, once you successfully achieve the car-buying milestone, another signpost looms in the distance: Refinancing. Read More
When you’re looking for a new car, it can be difficult to decide whether buying one outright or leasing one for a period of time makes more sense. It’s true that cars only go down in value the longer you own them, but there are still some solid arguments for owning one outright rather than essentially renting one.
Car-related decisions can be stressful, and there’s a lot you need to know before buying or renting, but don’t worry. If you’re in the market for a new car and aren’t sure which way to go, you can use the following questions to help you make the best decision for your situation.
Yes, lenders have auto loans for people with no credit, but getting one is not guaranteed. It will depend on the lender’s flexibility, the down payment you can afford, and the kind of car you want to buy. It may even depend on how you ask.
Phil Reed, senior consumer advice editor for the consumer auto site Edmunds has some good advice on how to get a car loan with no credit. He says a surprising number of people simply walk into a dealership and say, “Hi, I have no credit, and I want to buy a car.” He doesn’t recommend this approach. Instead, he offers these five tips for people who need a no-credit car loan.
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