Save money by refinancing your auto loan
Are your monthly car payments too high? Probably. Many consumers are paying more than they need to pay, whether they are prime, near-prime or “subprime” borrowers, or even have no previous credit history. What can you do about it? Have you considered refinancing your auto loan? Refinancing isn’t just for home loans (mortgages) any more, although that’s the way most people think about it. And it has gotten easier with the availability of consumer-direct lenders on the Internet. If you have a high-interest car loan, you may want to consider refinancing it for the same reasons you might decide to… Read More

How to get the best deal on a new or used car
Buying a new or used vehicle – car, SUV, crossover, pickup – can be a challenging, even a daunting task. Especially if it’s your first purchase. And you don’t have money to burn. You’ll find no shortage of advice on how and where to get yourself the best car or deal, but in the end it’s up to you to find both so you don’t end up as a remorseful shopper after the fact. Second-guessing your choice or purchase days, weeks, even months later can take the joy out of owning a vehicle. At RoadLoans and Santander Auto Finance, our business… Read More

Refinance and Receive Cash Back
Most people know they can refinance their home to save money on interest or to lower their monthly payment, but did you know you can refinance your auto loan also? Interest rates and loan terms offered by lenders are constantly changing, so make sure your rate and payment are in line with current market offers by inquiring about a refinance. When you refinance your vehicle, you typically can reduce the interest rate and lower your monthly payments. I tell my customers that RoadLoans offers Cash Back Refinance. Cash Back Refinance is an auto loan for customers who are making payments on… Read More

Make sure you close the GAP on your auto loan
Recently, my friend Susan visited to obtain financing to purchase a vehicle. She called me one night to share her experience, providing great reviews on the service she received. But she also wanted my opinion on the “GAP” insurance that was offered by one of my loan specialists. Susan is a very thrifty and budget-minded person who watches her finances closely. I know that she does not have extra money lying around to cover unexpected expenses. After all, Susan is a single mother who has two children in college and money is tight. My goal was to share the… Read More

Should I buy new vehicle or used vehicle?
A few days ago, RoadLoans’ Brian Cupp spoke with a customer who wondered about whether there are advantages to buying a new car compared to a used car. “Which is better and smartest to buy, Brian?” the customer asked. Cupp responded by asking the caller some questions. “First, what kind of car do you want? How much are you looking to spend? And where do you want your monthly payment to be?” The customer knew exactly what he wanted and exactly how much he wanted to spend. “That is the first step in determining whether or not it is better… Read More

FindTheBest: 2013 model cars, pickups, SUVs
Readers love lists. We love lists. And lists of top-rated automobiles, whatever the ratings system, are among our favorites. One of the most interesting we spotted recently is “FindTheBest” (FTB) – 2013 model vehicles in this case – at, which promises “unbiased, data-driven, comparisons.” “With 890 [current model] cars to choose from, we can help you find one (to meet your needs),” says the website. “A car is a huge investment, so it's important to get the one that's right for you.” At the top of the FTB listing is the 2013 Subaru BRZ, followed by the BRZ Limited,… Read More

The art of negotiating the best deal
Recently a friend of mine asked, “How do you get the best deal when shopping for a vehicle?” I replied that the buying process - negotiating the best car deal - can be a challenge. However, following are some simple things you can do to get the best deal. First, get your financing upfront. You are in control at the dealership if you have your financing wrapped up. Why? You know your approval amount, rate, down payment and terms. There will be no surprises since you are not dependent on the dealership to find you financing. Second, do your homework. Know what you… Read More

Jeep, Oprah big winners among 2013 Super Bowl car commercials
The results are in on the Super Bowl. No, not those results. We knew the game outcome Sunday evening. The Super Bowl of commercials airing during the big game. Of course, we took a special interest in the car commercials. And just like the game itself, there were winners and losers at the end of the day. We surveyed various media reports to see whether there was a consensus on the best and the worst car-related television commercials and found , as you might expect, a fair amount of agreement, but also several stark differences. Among the online publications we… Read More