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Rob Looker

Do you need a license to buy a car?
  You do not need a driver’s license to legally buy a car, but laws preventing you from driving present something of a roadblock if you had planned to get behind the wheel. There are situations in which a buyer with no license may want to purchase a car for someone else to drive, however, and there are processes to make that happen. Buying a car without a license for someone else to drive There are all kinds of reasons why you might want to buy a car without intending to drive it yourself. It could be a gift for… Read More

Can I get guaranteed auto refinancing?
  There’s never a bad time to save money, and applying for auto refinancing is a great way to see if you can trim your expenses and enjoy a little extra cash in your budget each month. While it’s hard to say you can get guaranteed refinancing, as everyone’s situation is different, it’s certain there are auto lenders that accept applications from people with all types of credit. So even if you have bad credit,* perhaps the legacy of missed payments, even bankruptcy of repossession, you can still look to refinance your car loan for better terms. There’s a clue… Read More

Combined wisdom reveals today’s strongest car brands – KBB
  How important is brand image to you? If the reputation and standing of an automaker plays into your car-buying decision, then you may be interested to know which brands come out best in Kelley Blue Book’s latest awards. Based on insights collected through its Brand Watch Study, which taps into 12,000 in-market new-vehicle shoppers using KBB.com, the 2018 Brand Image Awards represent “the combined wisdom of the American car-buying public,” says the auto research site. Spanning six categories including luxury options, and “providing guidance for just about every type of car buyer, from performance seekers to value shoppers,” the… Read More

The ‘best of the best’ new cars in the world
Six cars have been crowned world-beaters following a near year-long journey to find the best new vehicles on the planet. The Volvo XC60, named overall World Car of the Year, was among the winners at 2018 World Car Awards in New York after months of test drives, evaluation and analysis by 82 globe-trotting journalists. It’s the second time in a row an SUV has claimed the honor and adds to the North American Utility of the Year award the XC60 picked up earlier this year.     “We are up against some tough competition, but this award for the XC60… Read More

Pros and cons of ‘buy here, pay here’ dealerships
  Some dealers claim “we finance anyone,” but it may come at a price Other options include applying for preapproval before you shop   What are “buy here, pay here” dealerships? “Buy here, pay here” dealerships are auto dealers that not only sell cars but effectively act as the bank, too, by providing in-house financing, typically for buyers with bad credit.* Interest rates can be higher than other lending options and customers make car payments directly to the dealership. They’re different from traditional car dealerships that request financing from prospective lenders, with customers generally making payments to a third party.… Read More

How does refinancing a car work?
  Refinancing a car is the process of having your car loan paid off and replaced with a new one, often with a different lender, that has new agreed-upon terms. There are various possible outcomes and, in many cases, it’s about saving money, though not always. Borrowers often look for a lower monthly payment, reduced interest rate or different loan duration, or a combination of these. Let’s look at each in more detail. 3 potential outcomes of refinancing an auto loan  Lower monthly payments Refinancing may lower the monthly car payment. This might be by reducing the interest rate or… Read More

Do guaranteed auto loans exist?
  You may have seen advertising for “guaranteed auto loans” and “guaranteed auto loan dealerships” while shopping for car financing, especially if you have bad credit.* It sounds appealing, but you may want to ask yourself how a company can offer a guarantee without knowing your individual credit and financial situation, or what type of vehicle you want to buy. At RoadLoans, we don’t claim to offer guaranteed auto loans but we can give you some tips on how likely you may be to get approved and, if so, what kind of interest rate you might get. You may also… Read More

Safety tips for spring driving: How to handle seasonal hazards
  With clocks going forward this Sunday and springtime approaching, you may be anticipating some better driving weather. Spring forward with a little caution though, as there are seasonal hazards to negotiate before summer arrives. These driving tips will help. Slow down on wet roads Rain is a big deal and the deadliest weather-related driving hazard. There’s plenty of it at this time of year with spring showers making roads slick when water mixes with oil on the pavement. The first 10 minutes of a light rain can be most dangerous for hydroplaning, when tires slide across a wet surface,… Read More

8 Lightly used cars with big savings over new versions
  What a difference a year makes. Car buyers deciding between new and used may be tempted by savings of more than 30 percent on a number of one-year-old models. iSeeCars.com analyzed millions of sales between Aug. 1, 2017, and Jan. 24, 2018, to uncover eight low-mileage, nearly new vehicles that all sold for prices well below brand-new versions, making a clutch of luxury cars much more affordable, and dropping the price of some mainstream ones, too. High-end models include the Cadillac XTS, which costs 38.7 percent less – a saving of $20,965 – when bought used over new, along… Read More

9 Cars to buy new instead of used, paying only a little extra
  While it often pays to buy a lightly used car instead of a new one, sometimes it really doesn’t cost much more to enjoy a fresh-out-of-the-factory model. iSeeCars.com has identified the top nine vehicles for which you have to pay the least to get new over the previous year’s version. Crunching the numbers of six million new and used vehicles sold between Aug. 1, 2017 and Jan. 24, 2018 suggests the Jeep Wrangler Unlimited is the best buy, with a brand new one costing just $3,199 more than a one-year-old model. Several other popular and affordable SUVs including the… Read More