September 2017

You are browsing the site archives for September 2017.
Finding an auto loan during bankruptcy
  When financial setbacks occur, bankruptcy is sometimes the best way forward. Life moves on and, for most people, a car is essential to that process. But can you get a car loan while in bankruptcy? It depends, in part, on the type of bankruptcy for which you’re filing. The two common forms of personal bankruptcy are Chapter 13 and Chapter 7. Financing while in Chapter 13 bankruptcy Chapter 13 enables a debtor with a steady income to keep hold of property they might otherwise lose to the bankruptcy process. A plan is created to pay creditors all or part… Read More

What you should know about flood-damaged cars
Be aware of the risks before making a purchase     The devastating effects of Hurricanes Harvey and Irma are far reaching and, as the damage is assessed, it’s been estimated that up to a million vehicles may have been flooded. Not all flooded cars will be dealt with properly, though. Unfortunately, it’s likely that many will be cleaned up and sold without the damage being disclosed. So if you’re in the market for a used car, there are some things you should know to avoid making a potentially costly mistake. 1. The vehicle could be ruined Flood damage can… Read More

Should you buy a certified used vehicle?
  No car buyer wants to pay good money for a vehicle only to be lumbered with reliability problems. So how to do you make a good buy? If you’re purchasing a used car, you’ll probably encounter the option of choosing a certified preowned (CPO) vehicle. These cars are typically models that have been thoroughly inspected and reconditioned by a factory-trained mechanic to meet manufacturer guidelines, and come with an extended warranty. Most automakers offer certified preowned programs, and when someone returns a lease vehicle or trades in, the dealership will consider it for the CPO program. Not all certified… Read More

Useful car terms to know
Talking about cars can get complicated at times, especially if you’re not familiar with the terminology. The following articles explain some automotive terms you may come across in different situations, from trading in a vehicle to getting a service. Click the headlines to learn more.     Car terms to know when trading in your vehicle Walk into the dealership with the confidence to negotiate a better deal by understanding the likes of “trade-in allowance,” an “upside down loan” and “rolling over.”   Car terms to know when getting a service Have you ever got your car serviced without knowing… Read More