Selling a car online is now simpler and safer than ever. There are plenty of online dealerships that provide a reliable means of selling your car quickly. Before giving you a price quote, they will ask you to provide some basic details and images. The simplicity has a cost. You cannot usually negotiate. However, there are numerous websites where you can advertise your car for private sale.
So you just refinanced your car loan, maybe it was to get a lower interest rate and lower your overall costs or maybe it was just to make your monthly payment smaller. Once you’ve been approved for refinancing, there are some important steps you should take.
Rolling over your car loan means to your adding negative equity/or the remaining balance of an old car loan onto a new car loan. If you’re trading your vehicle into a dealership but still have an outstanding balance on it, dealers may offer to roll your previous balance onto your new loan.
For those who don't want to commit to a lengthy car loan, leasing a car is a common alternative. A car lease is a legal agreement that allows you to drive a brand-new vehicle for a specified period of time before returning it to the leasing company or dealership
An incentive that provides cash back in exchange for the purchase of a vehicle is a car loan rebate. Since rebates are offered by manufacturers, you must visit a dealership that collaborates closely with the manufacturer in order to be eligible.
When you refinance your car loan, your current loan is replaced by a new one. A lower interest rate and a shorter or longer term than the one you currently have are both refinancing possibilities. However, choosing a new loan with a longer repayment time could make you feel like you're starting from the scratch.
One of the more overlooked decisions many Canadians make is whether they should buy a gas or diesel-powered vehicle. Despite diesel-powered vehicles making a small percentage of the vehicles on the road in Canada today, they are gaining popularity. So before you make all of your decisions, consider the benefits and differences between a gas-powered vehicle and a diesel-powered vehicle from the information provided in this article.
Buying a car for the first time is an overwhelming experience for most Canadians. There are so many things that need to be considered that often, important factors like loan terms can fall by the wayside. It’s important that regardless of how stressful you may find the car buying process to be, you need understand the importance of getting the right loan terms for you
Buying a car requires making calculated decisions, so before you head to the showroom you need to make sure you’re fully prepared. In this article, we’re going to cover 8 common buying mistakes so that you can avoid making them yourself.
Applying for a car loan and going through the entire car buying process may seem like a daunting task, but it doesn’t need to be. By gathering all the required documentation before starting the process, you can save a lot of hassle and ensure the process goes smoothly.
In Ontario, you’re not fully licensed to drive until you pass your G-level driving test. It’s the second of two road tests that all drivers must complete before gaining full G-level driving privileges.
Earlier this year, Ontario announced that it would no longer be charging residents to renew their license plates with an annual sticker. While many Ontario residents are still confused about how the process works, we decided it would be helpful to make a blog that covers everything you need to know about the Ontario license plate renewal process.