My ex partner left the 3 children to be put into care however the local authorities asked me if i wa

me if i was willing to bring them up which i am unfortitnaly i had to resing from my job to do this i have just over a year left to pay of my car finance when i rote to them and phoned them to ofer a tocken pament of 鎷?0 a month untill i was in a better financil situation i was left with the impreshion that this was ok however about 4 days ago i reseved a letter from them freting me with coart action unles i payed it of can eny one tell me how to resolve this problem

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

Go to the Citizens Advice Bureau and they will give you free legal advice. They may even be able to contact the company on your behalf and negotiate a deal which you can get agreed in writing. Go for it, and good on you for committing to taking care of your kids.

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

You need to talk to Citizens advice but I think your in the right as you have offered to pay off the money even if its in small amounts.

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

Take the children and raise them. You will figure out a way to geta round your problems, but the children need you so go for it.

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

You%26#039;re only here for the remarks about your spelling. You only looked up %26quot;authorities%26quot; did you?

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

What on earth do you mean unfortunately? As in you have have to bring up your own kids?Why should you not? As for the car finance go to Citizens Advice for help with debt matters.

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

Unfortunately you are going to have to go before the judge and have him make a ruling on that.....Good Luck

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

you sound like a migrant but lets view this seriously. Its always better and best to take care of your own children both for you and your child. EVERY CHILD NEEDS THEIR PARENT. THEY ARE YOUR REPONSIBILITY TILL THEIR INDEPENDENCE. I know life is difficult and finances are hard especially in UK. But, if you really treasure your children the talk to your wife and put aside your differences to support each other in raising the kids. If not, talk to your family (if any) to help you take care of them as you are working. However, you must also remember to play your part as the father and not just relax and let other people do all the hard work.

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

sell the car pay off what you owe, end of problem

My ex partner left the 3 children to be put into care however the local authorities asked me if i was willing?

the first answer is the correct one. the thing to do is keep communication open with the financiers. and remember you have! offered to pay some thing. so in the eyes of the law you have tried to settle the problem honourably. try not to pannic about it and remember you are doing the honourable thing all round....be proud of your self. dont let them make you feel other wise.

Problem help?

Please help solve this problem.

I bought a new car, financed at a rate of 6.25% for 48 months, with a 15,500 loan. Calculate the monthly payment on the loan.

Problem help?

$365.80

Problem help?

with taxes included it be around $370 monthly.

Disabled homebound with bad credit needs help financing web projects.?

worked 25 yrs, in car accident 3 yrs ago, nominal settlemeny allowed medical bills to be paid and money to support children and ex spouse. small amount left invested in quality computer. household neccessities. medicine and clothes. Prior work as a professional magician, salesman at promotional products company. Customers were Hewlett Packard, Sapp Bros. Truck Stops, Central Hockey League, and many more. From the good working income to $0 overnite and no heath insurance. I learned how difficult bit is to get around to all the neccessary private and public agencies to survive. Homeless penniless and injured. 3 yrs later I can again walk talk read and write. I have 7 solid unique web based business ideas for the poor elderly or disabled to do from home or RV legitimately. Please help . I thank you for your time in advance

Disabled homebound with bad credit needs help financing web projects.?

Sounds like you are all set you have the ideas how to make money and websites aren%26#039;t expensive to set up so you should have enough from your work without loans. Congratulations on your new career. If you need a few dollars maybe your ex will loan it to you since it will allow you to support your children better.

Disabled homebound with bad credit needs help financing web projects.?

i am disabled also - check out www.cnbc.com and go to the Danny Deutch show. forgive me if i spelled it wrong but you%26#039;ll find it. he helps everyone who is trying to start a business. in the mean time could you turn me on to the disabled work from home? anyways, hope this helps and good luck.

Capital One bank- need help on claim for compensation?

i was just refused credit. i checked my credit file. i used to have a capital one credit card, they accidentally put a default on my account several years ago. the last time i spoke to them was july 2005. they apologised and said the credit records would be updated. i didnt think about it again. however i%26#039;ve just seen all they have done is changed the delinquent date to 30th december 1899.(108 years ago). the default date is still 2004, so the default remains current. i have notified them, and they are working on it now. my question is, what are my losses / damages? it is the only default on my file. otherwise i have good credit, which is why i was suprised when i was just refused credit. is this corporate negligence? i have probably been paying high apr%26#039;s on my car finance, credit cards etc. because of this. any input gratefully accepted. are there any other consequences because of this?

Capital One bank- need help on claim for compensation?

You need to contact the financial ombudsman. Send capital one a letter advising that unless this matter is resolved within 14 days then you will take further action, copy the letter to the ombudsman. They will then investigate on your behalf

Capital One bank- need help on claim for compensation?

well worth further investigation,i would definately find out more and ask for compensation

Compensation for mortgages?

Hello,

I just wanted to introduce myself

I work for a company dealing with compensation claims for products that were sold between 1990 and 2005 and the contracts aren%26#039;t actually valid!

This is quite a new thing and is a great success so I wanted to share it with others.

The products are mortgages or secured loans with sub prime lenders. Car finances over 鎷?0000 or house repossesstions.

If you think this may apply to you then please contact me and I will be able to tell you if it is a valid claim.

Thanks

Mel

Compensation for mortgages?

Advertising (of any sort) is called %26#039;SPAM%26#039; here ..

... and most offers of Financial %26#039;help%26#039; turn out to be scams or con tricks, so %26#039;we%26#039; tend to be very cynical about offers like yours ...

How does trading in your car for another car work if you still owe on your trade in?

I have an 05 scion tc and i want to trade it in for something else but i still owe quite a bit on it. How does the trade in and financing process work?

How does trading in your car for another car work if you still owe on your trade in?

You probably owe more than the car%26#039;s worth at this point.

Let%26#039;s say the car you want is 20,000. Your car is worth 15,000 and you owe 18,000.

The dealer will pay off your car and add the 3000 difference to the price of the new car...meaning you%26#039;d pay 23,000. Then you%26#039;ll be even further %26quot;upside down%26quot;. Keep the Tc until you owe about what its worth..maybe another year or 18 months depending on how much you put down.

How does trading in your car for another car work if you still owe on your trade in?

The subtract the amount your trade is worth from what you still owe, and add the balance to the loan for your new car, and you wind up with a high car payment as a result.

How does trading in your car for another car work if you still owe on your trade in?

You end up being what is called %26quot;upside down%26quot; on your trade. The trade in allowance is subtracted from what you owe on the trade in, and the difference is tacked on to your newly financed car note.

How does trading in your car for another car work if you still owe on your trade in?

first before you trade in your car, make sure you don%26#039;t have negative equity, which means that you owe more than what you car is worth. to do this your self, is calculate how much you have put in the car, down payment and accumulated monthly payments. then subtract that from the full price you paid on the car, this is what you owe. next you find the car%26#039;s actual book value. to find that out go here (http://www.kbb.com/KBB/UsedCars/2005_Sci... ) finally subtract what your car%26#039;s book value is from how much you owe. if you owe more than what your car is worth, you will pay that balance on your next car loan

Can I trade?

i%26#039;ve had my car financed only 3 months can i trade it in to get another that i like?

Can I trade?

You can if you can afford the the financial hit you are going to take on the one you are going to trade in. You may find a dealer that can arrange to role the amount owed on the old one that is in excess of its value into the new loan but that is unlikely. You will most likely have to pony up a healthy down payment in the thousands.

Can I trade?

Depends what state you are in. I know here in Cali you cant. There is a non cooling off period. That means once you buy it, you%26#039;re stuck with it.

Can I trade?

the second answer is correct. if you trade it in, regardless of how long you have had it, it will cost a lot more but, a dealer will do almost anything to get your business, including paying off your current loan and adding that balance to your new loan.

Can you get your Co-signer on an Auto Loan to sign over the internet or Mail?

im trying to get my father to co-sign on a used car finance. i have no credit just none im a student and he lives a long ways from me is this possible??

Can you get your Co-signer on an Auto Loan to sign over the internet or Mail?

Yes, your father does not need to be there. If you go to the car dealership, they should be able to fax your father a copy of the form he%26#039;ll need to sign. Advise is to tell your father when and what time to expect this fax so he can fax it back to the loaner right away, Otherwise, co-signing thru the mail may take weeks. You cannot have someone co-sign thru the internet.

For Car Salesmen- I'm looking to purchase a Used Jeep Grand Cherokee this summer.....?

A typical Grand Cherokee I%26#039;m looking at is 2004-2005 40k, $12,900-$14,000 range in my area.

I know a few things are on my side:

A) Gas prices

B) Horrible Michigan Economy

C) SUV%26#039;s aren%26#039;t at a premium for 4x4 during summer months...

I will be arriving pre-approved with my credit union, putting down about $3,000, and have no reason to haggle with them over THEIR financing. IT will be purely how much I can get them down to... no trade in.

QUESTION IS- How much should I offer reasonably and why? Also, what%26#039;s the most I should pay during their counteroffer process.

THANKS!

For Car Salesmen- I%26#039;m looking to purchase a Used Jeep Grand Cherokee this summer.....?

how much:- Just Empty Every Pocket seriously that%26#039;s what you%26#039;re looking at, so don%26#039;t.

For Car Salesmen- I%26#039;m looking to purchase a Used Jeep Grand Cherokee this summer.....?

first of all you probably should stay away from the 2004 model being the model changed to its current body style in 2005.

michigans economy, gas prices, and etc wont change what a dealer will sell a vehicle for. a dealership still owns their vehicles for what they paid for them regardless of economy or gas prices.

grand cherokees are a dime a dozen so you will get a wide range of prices depending on how they are equipment, mileage, and the overall condition.

we are selling our current inventory at cost due to the fact we just purchased two dealerships along with their inventory so we need to get rid of the old inventory to make room for more

if you feel comfortable with the deal you got, then you made a good deal

For Car Salesmen- I%26#039;m looking to purchase a Used Jeep Grand Cherokee this summer.....?

Here%26#039;s how you find out what the unit is really worth: Call a few dealerships and describe the Jeep you want as though you own it and want to sell it, NOT TRADE IT but sell it. The numbers they give you will be on the low side, so add 10% and you will be pretty close to cost...negociate from there as this is current real market value.

Now, one thing you should consider is if the Jeep was a rental return unit...those are the worst cars around and should be avoided like the plague.

Good luck

Buying a car?

if i put $1500 down on a $9500, not sure on interest rate but its from a good dealership( in house financing). what sort of payments should i expect. its a five year loan

Buying a car?

Go to: http://www.bankrate.com/brm/auto-loan-ca...

This will get you what you need.

Buying a car?

well, i financed 5000 on my last car, and my payments are 150/mo..

i%26#039;d take a stab and say 200/mo maybe a little more or less, but that should be close...

Buying a car?

between $199 to $299 a month

Buying a car?

you have to provide an interest rate to calculate exact payments.

Buying a car?

with good rates, 200-250

bad rates, nearly 300

Buying a car?

Well a ball park will be hard considering the fact that it is in house financing I would say the rate is probably going to be a bit high probably somewhere in the neighborhood of 18% so with that we can figure the payment on a 5 year loan at being around the $225-$235 range.

Good Luck!

Buying a car?

Go to bizrate.com there you will find auto loan calculator, just put the numbers in it and will tell you how much is your payment going to be. Also there is a room for extra payments, let say you want to add extra $20 (or any $) each month to your payment and this calculator will show you how many months sooner you will pay the car off.. (You going to beat some of the APR this way).

Newly Purchased Car totalled?

My little sister (19) bought a truck and has owned it for 26 days. She had 30 days to get the tags changed, so dealer tags are still good on it. She didn%26#039;t have insurance yet because she couldn%26#039;t get insurance until she got the tags. Today, as she was leaving my house another lady ran a stop sign and t-boned her, totalling the truck. My sister was ticketed for no insurance- how much trouble is she most likely going to be in? We live in Tennessee and she%26#039;s never been in trouble for anything before. She bought from a little dealership that does their own financing and she was supposed to take them proof of insurance next week when she brought in her first payment. The other lady involved was charged with wreckless driving.

Newly Purchased Car totalled?

If she was driving parental unit%26#039;s car before getting this one, she might be covered by their policy for a short period of time...

If she had a car and it was insured before buying this truck, that policy should cover her also for a short period of time. Check with the family insurance agent.

they might be able to issue her a statement showing coverage for that time.

Or see if the Dealership has a master policy covering the car until she brought in proof of insurance.

Newly Purchased Car totalled?

In my State is is illegal to drive without car insurance. Since she did not have any, it is a civil matter, no insuance company is going to go after the gal that hit her. They are not obligated to, it is up to her to try to collect. As far as getting a ticket for it, it sounds as if it is against the law in your state to drive uninsured as well. I beleive your sister has learned a lesson about being an adult. One of many to come.

Newly Purchased Car totalled?

i really don%26#039;t think she will get in that much trouble because she has never been in that much trouble but she may have to pay some pretty high priced tickets

Newly Purchased Car totalled?

Well your sister may be lucky as the other person was at fault, though I am sure her company may fight it!

When you buy a car you are generally insured under your old policy until they are notified! No dealer or Bank I know will let you leave the lot with no insurance! If she had none to start off with she could have insured her license.

I don%26#039;t think I would have drove around 26 days with no insurance! They give you a temp Registration which could have been used to get insurance!

She will also have to get an SR22 from her insurance company and file it with the state for I think 3 or 5 years, which will kick her insurance up probably a thousand a year or so!

Newly Purchased Car totalled?

If in fact she had dealer tags on the truck then she was not required to have insurance the dealership was. If she had a temporary tag issued by a dealer then she will probably be fined and required to show proof of insurance on her next vehicle before she can renew her drivers license.

Newly Purchased Car totalled?

Considering the fact that it is illegal to drive in the state of TN without a license I would hope she gets nailed with large fines and loss of license for a long time but she probably wont. Probably a small fine and suspension of license until she shows proof of insurance.

The bigger question is what has the dealership said about the loss of the car? They%26#039;ll still expect payment.

Question about car loan?

I%26#039;m trying to figure out how to figure my payments on a vehicle. I%26#039;ll show you the way I figure it but apparently that%26#039;s not right. Please help me out. Yes I%26#039;m young and don%26#039;t understand all the financing parts but that%26#039;s why I%26#039;m asking. Thanks for any help

(truck is $32,000 and interest rate is 7.5%) if I do a 60 month note my calculations are that payments would be $573.33. Here%26#039;s how I figured it- take 32,000 and multiply it by 7.5% and divide that by 60 months= $40 and this is your interest. Then take 32,000 and divide by 60 months and that%26#039;s 533.33. Add the 533.33 and the $40 dollars for interest and thats the $573.33. So please tell me where I messed this up at or just tell me how to figure. Thanks

Question about car loan?

try this online auto loan calculator

http://www.bankrate.com/brm/auto-loan-ca...

$641.21 a month

Question about car loan?

Save the pencil %26amp; the calculator I use this web site. hope it helps u

http://ray.met.fsu.edu/~bret/amortize.ht...

Question about car loan?

The 7.5% is not for the life of the loan, but is an annual rate usually compounded monthly. So you would have to take total cost (price + tax + all other charges) divide by 60 THEN multiply by 1.00625 (1+ 7.5%/12) to get payment amount.

Use one of the online calculators to get a better approximate payment.

http://www.cars.com/go/advice/financing/...

Question about car loan?

This is by far the most common mistake people make when attempting to calculate their own auto loans. What you did is flat-out wrong and if you took your calculations to a dealer, within a negotiation, you%26#039;d be laughed out of the house.

You need an amoritizing calculator. Since the interest rate is an APR (Annual Percentage Rate) it%26#039;s compounded monthly for the entire year. Just go to Bankrate.com and use their mortgage calculator to show you. Also don%26#039;t forget about documentation fees (+/- $300) and sales tax (let%26#039;s say it%26#039;s 6% just for arguments sake) That being said if you%26#039;re financing $34,238 ($32k + $300 x 6% sales tax) on a 60 month loan at 7.5% APR your payment will fall more closely to: $686.06 probably a bit higher.

And, if you%26#039;re as young as you say you are, and if this will be your first auto loan you%26#039;ll most likely be turned down for the loan. Not only will that make for an extremely high loan amount for a young buyer with little established payment history you%26#039;re debt-to-income will be through the roof.

So, either get yourself a hefty downpayment or stick to a vehicle that%26#039;s somewhere in the $13-15k range.

Good luck.

Bankrate.com. Mortgage calculator (they%26#039;re all simple interest loans)

Question about car loan?

no way in this world i%26#039;d pay $32k for a truck or any car. in 4 years, it%26#039;s worth 60% less than what you paid. (the dealer won%26#039;t mention that by the way)

I%26#039;d find a good used one.... pay cash.... or finance very little for as short a time as you can.

see this before you buy. watch it VERY closely

http://www.daveramsey.com/etc/lms/drive_...

Question about car loan?

jpr30200... is confused.

1. Auto loans DO NOT compound. The FULL accrued interest is paid as part of EVERY payment. That means there is NOTHING to compound.

2. His method of calculating a payment is even more wrong than yours.

3. If I felt like taking the time, I could actually calculate the payment using the %26#039;present value of an annuity.%26#039; Any of the millions of auto loan calculators you can find with a simple Internet search are easier. You can also use the PMT() function in MS Excel to find the number.

The interest portion of each payment is is different for each payment.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively

my hubby and i make around 95,000 a year and we only have a car payment and a payment on land that we bought last year. we are working hard to pay off all our debts, we sold our last house a year ago march and have been renting ever since. we have never been late on our rent. would welcome any input, thanks for your time.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

Yes there are many programs out there that you will be able to finance 100% however it depends on the home that you are looking to purchase and where you are looking to purchase. If you are just considering purchasing a home you want to first get your credit score up by opening two credit cards to help you restore your credit. Put if you are actively looking and need to get a home you can definately get a loan. You might want to also consider at least putting 5% down which will help you get into a better loan than going fully into a 100%.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

You do not want the financing you would get with those scores. You could finance under just the 624, but it will save you thousands if you improve that to 660. You need to take out two credit cards, and put (and keep) small balances on each them. Then start putting some money away each month. you will be approved for about 350-400k wich will give you a mortgage of 2500-3000 a month. After you pay rent put the remainder in a seperate account, so you get used to paying that much. In six months, your credit will be better, and you will have money for closing costs.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

I would reccomend staying under 50% of your credit card limits and paying them off in full each month thi should bring your credit scores up. If you want to get some quotes to see what type of rates and payments you would be looking at try www.restructureyourmortgage.com, best of luck.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

The cost of credit repair would save you lots of money.....

If you have the time, work on improving your FICO scores.

You can do it yourself as well.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

ILL b hard to find but I am sure someone here will offer you the moon and the stars just to get you financed to purchase another home.

My question to you is WHY? Why would you want to buy a house which is the biggest investment you will ever make in your life with such a poor fico score? Why not fix it, bring it up and then buy? Houses are not going anywhere, the market is not going anywhere. You can wait some months until you fix your credit and then obtain a great interest rate and be able to save money. Who do you want to make rich? the bank or yourself?

Ohh by the way when I say fix your credit. I dont mean going to %26quot;credit repair%26quot; companies, they are nothing but a scam. NOBODY, I mean NOBODY, not even if you were the president of the US can change your credit record if the information is correct, meaning you had a late payment and it is a real late payment. Now if you have incorrect information you can sure change that information because it is incorrect but why would you pay $600 to a company when you can do it yourself.

Speaking from experience, not personal but a family member.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

You have gotten some really good advice here, which I hope you take. Fix your credit, then go forward.

If you get some bottom feeder lender to put you in a low with crappy terms, you will regret it down the road. There are far too many people posting in here facing foreclosure due to lendee regret, please don%26#039;t be one of them.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

Yes, there are many programs available to you.

Get a referral to a good company/brokerage that will really take care of you. Keep you aprised along the way and really get the loan placed....

Take your time and interview a few loan officers/brokers - it%26#039;s a big transation; take your time.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

I suggest Hometown Banc Corp. They may be your best opportunity for someone to say yes. If your credit does not measure up, they don閳ユ獩 simply 閳ユ竾orget to call you back.閳? They help you get into a credit repair program you can afford regardless of income. Check out the free evaluation form at the source website and a Hometown loan officer will contact you .

Licensing a car in another state.?

I currently live in Washington and will be moving to Oregon indefinitely, how much, approximately will it cost to switch everything over (licensing, etc)..

I %26#039;m financing a 2005 ford focus ZX 4d if that helps any.

Thank you!

Licensing a car in another state.?

After moving there anonymously (cell phone) call a local license office and ask how long you can drive in Oregon with your present plates. Technically If you were ever stopped you can always say your visiting. If pressed further %26quot;I just started a new job%26quot;. The total cost of switching would involve a new plate and depending on the state that may run $5. - $15. This I%26#039;m certain, Oregon would have to credit you for unused time you already have on your State of Washington plates. Oregon may offer to extend your new plate for an added amount of money.

Should I keep or trade my car in for new car?

2003 Volkeswagen Passat

24,400 miles

Great condition

11 months left on financing

needs new tires

Should I keep or trade my car in for new car?

If you owned it outright I would say keep it but because you still have financing left you may as well roll it over and mak it one note.

Should I keep or trade my car in for new car?

flip a coin.

Should I keep or trade my car in for new car?

What can you afford, that should be your biggest issue. God Bless.

Should I keep or trade my car in for new car?

As a trade it will disappoint you how little money the dealership will give you in trade. Put a (good) set of tires on it and drive it another year while your looking to make the best deal on your next car.

Should I keep or trade my car in for new car?

BUY THE TIRES AND KEEP IT, YOU WILL BE BETTER OFF IN THE LONG RUN.

Should I keep or trade my car in for new car?

look here with you can do to get your money back, pay the car off you only got 12 moths and just buy new tires. don%26#039;t get your self another headache. it better to pay the car off and when you pay it off sell it privately and get the money that you new because if you trade it in you won%26#039;t get a lot of money for it. so just wait for another 11 month. make a good decision. good luck.

Should I keep or trade my car in for new car?

I would definatly with almost a year remaining, roll payments into new car as 4 years is when problems start. If you trade every 3 years a lease might be in order. Remember the higher resale the lower payment i.e. Toyota, Honda, and their subsidaries.

Should I keep or trade my car in for new car?

Keep

Why the car that was listed for $7,200 (Mazda Protege LX) ended up to $9,100?

The dealer said that the plate number costs + additional cost + emission testing + safety testing..Is this true ? When I was approved on their financing; it was $2,300 down and 300.00 a month for 3 years or 36 months. Interest rate is %9.25. Is correct..Help !!!!

Why the car that was listed for $7,200 (Mazda Protege LX) ended up to $9,100?

That sounds very typical. The dealer lists one price, but then by the time they%26#039;ve thrown all the extra fees and charges on top of it, it usually ends up a couple of thousand more. This is the same at all car dealers, whether you are buying used or new. If this is your first time buying a car from a dealer, I can understand your shock!

But, hey, for what it%26#039;s worth, what you%26#039;ve listed here sounds about right. It doesn%26#039;t sound out of the ordinary to me.

Why the car that was listed for $7,200 (Mazda Protege LX) ended up to $9,100?

yes that sounds about right.you got to throw in tax,tag and title and the interest could take it up another couple of g%26#039;sss, so yeah. what year is it. i had 95 protege. pretty cool little car and good on gas.

Why the car that was listed for $7,200 (Mazda Protege LX) ended up to $9,100?

yes the like to hide that. did you sign purchase agreements yet. Tell them you are only going to pay8300 for the car then go from there. 1 other thing on a 3 year you should have a rate of 6.5% check with a credit union. i bet your dealer got you in that loan too.

good luck

Need help on whether I should buy a car directly from the dealer or from the bank!?

Will need to finance 400,000 pesos over a period of 36 months. This is a comparison of each:

THROUGH DEALER:

5,000 discount on downpayment

Some freebies that cost about 15,000

14,208.84 pesos payment for 36 months, 28.2% rate

THROUGH BANK:

No discount

No freebies

13,163 pesos payment for 36 months, 18.26% rate

I guess my question is whether the freebies/discount from the dealer are enough to offset the lower financing from the bank, considering present (or future?) values. Also there might be some other intangibles/factors that I should consider that differentiate the two.

Need help on whether I should buy a car directly from the dealer or from the bank!?

That extra 1,000 pesos a month for 36 months does all the math for you, in this case. You already put 5,000 down, so the payments should have been lower than the banks payment schedule. Your 15,000 pesos worth of freebies are going to end up costing you about 36,000 extra pesos over the life of the loan.

Quite simply, tell the dealer where he can shove his financing and run dont walk to the bank. Unless you feel like paying a lot more for your car than you need to.

Need help on whether I should buy a car directly from the dealer or from the bank!?

Go with the bank. The lower rate is the prime thing to consider. You will be paying less per month and in the long run. If you go throught the dealer you will pay way more at the end of 36 months, a lot more. The freebees dont add up to saving money at the end of 36 monthes.

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

I%26#039;m talking about financing.

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

It depends on if you are buying a new car and if the manufacturer is running any special interest rates. Many are currently running 0% APR on remaining 2007 models. In this case, if there is no rebate money involved, then you would not want to go through a credit union.

The only way to answer your question would be to have the exact car you wanted to purchase as well as the manufacturer APR, any rebate cash, and your credit unions APR. If there is a choice between 0% for 60 months or $4,000 cash back, you will want to figure payments using both methods to figure out which is more beneficial. You can go to http://www.bankrate.com and use their auto payment calculator to see what the payment would be.

It%26#039;s always good to know what you credit union will offer you before you go vehicle shopping, however they are NOT always the best option. Good luck and I hope this helps.

http://www.theautoevaluator.net/Refinanc...

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

Talk to the bank/credit union before you go to the dealership to see what interest rate you qualify for. When the dealership tries to screw you with a higher rate, tell them what rate you can get and if they can%26#039;t beat it, you will bring your own financing. Sometimes they will beat it.

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

Whatever the best interest rate you can get, that is the best deal. For me, our local credit unions are higher than manufacture rates for new vehicles, but cheaper for used vehicles.

Good luck with you new car!

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

Usually a privately financed loan will be less than a dealer offering. I bought my 1971 Dodge Challenger through my company credit union and paid several thousand dollars less in finance fees than the dealer was offering. Check the rates at your credit union and/or bank, then compare them to the dealer%26#039;s pricing. Good luck!

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

credit union

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

It depends which one will give you the best interest. Check with your Credit Union first before going to the dealer.

When purchasing a car is it best to go through a credit union/bank or directly through the dealer?

Definately not through the dealer as they will always try and make you think you are getting a great deal on your car then stitch you up on the loan and finance to get more money out of you. Better to get finance before you even step on the lot.

There%26#039;s some good bank rates and Aussie Home Loans is now doing car loans as well that I think may even be a cheaper rate than that. Aussie John was on ACA saying how dodgey the dealers are. Also they apparently do second hand car loans as well as new that non of the banks actually do:

http://www.aussie.com.au/Car_And_Persona...

When buying a car, what is a "destination charge"?

On the official Honda site, the price for a new Civic is shown as:

Base Price (MSRP): $19,510.00

Destination Charge: $595.00

Total: $20,105.00

So what is Destination charge? Does that include license, tax and title, or are those all additional charges?

One more thing, if I have my own financing (so I%26#039;ll be paying the entire total with a check), which of these fees still apply to me?

Thanks you so much if you can answer any, or all of my questions.

When buying a car, what is a %26quot;destination charge%26quot;?

The Destination Charge is the charge the dealership pays to have the vehicle delivered to the dealership from the factory.

None of the above charges include your license, tax and title (and most dealerships will charge you a price above base MSRP).

It doesn%26#039;t matter HOW you pay - all the above charges (and probably more) will still apply to your purchase.

When buying a car, what is a %26quot;destination charge%26quot;?

Its the cost to ship the car from the plant to the dealership another way to separate you from your $

When buying a car, what is a %26quot;destination charge%26quot;?

destination charge is, to my understanding, a charge for getting the car from the place it was built to the dealer.

It doesn%26#039;t include license, tax, and title. Those are additional charges.

What _I_ suggest is selecting an amount about $300-$400 less than what you are willing to spend (maybe more, depending on your situation) and tell the dealer that lower amount is all you are going to spend on your purchase, and that that amount has to cover _everything_ - all taxes, title, license plates, etc.

Many dealerships get their cars for quite a bit less than the price they advertise, and then they %26quot;negotiate%26quot; a price with the buyer. If you go in and pay what they ask for everything, you end up paying a lot more for the car than necessary.

When buying a car, what is a %26quot;destination charge%26quot;?

I have work for a dealer and it is a charge they select to get it to them from anouther location, but is is bull. If you are set on the car and ready to buy, either tell them to go lower or have the fee taken off, if they do not tell them you going to a near by dealer to see if they will get the car for you, they money hunger someone will help.

When buying a car, what is a %26quot;destination charge%26quot;?

something i%26#039;d never pay. its the dealerships cost of getting the vehicle to the dealership. unless you special ordered I would not pay it. I%26#039;d make the dealership eat it or i wouldnt buy it.

I need this car...?

I%26#039;m interested in buying a 2005 Mustang, I can afford it with the new job I got, but the problem is I%26#039;m 17 years old, so I think the financing would have to be on my parents name or something... is there any alternative way to get this? Or should I just wait until I%26#039;m 18 so I can get a loan (in which I%26#039;m not even sure I can get).

I need this car...?

this car is not a NEED, it is a WANT. Be smart, don%26#039;t finance this car. Pay cash for whatever you can afford now. When it bites the dust, you should have been able to save enough to upgrade to a somewhat nicer vehicle. Please, stay away from financing cars if you possibly can. They are a poor investment, and not worth what you will pay. Good luck !!

I need this car...?

Financing a used car?!!?!?! Just save up and buy a good used car for CASH.

You don%26#039;t need to start your misadventures in credit this early!!!

I need this car...?

You cannot afford this car.

If you could afford this car then you would pay it in full WITH CASH.

I need this car...?

Wait till you are 18 and save, save, save in the meantime. The bigger the downpayment, the more likely you%26#039;ll qualify for a loan.

Remember that owning a car also means gas, insurance, and maintenance.

I need this car...?

I wouldn%26#039;t buy it-the insurance will kill you...probably more than the car payment. Save the sports cars for when you%26#039;re a bit older and can insure them affordably.

Does anyone know if Michigan dealerships that have special financing?

I need to buy a new car in a few months and have poor credit. I want to know of specific dealerships that I should go to that could help me 100% for sure.

Does anyone know if Michigan dealerships that have special financing?

dont finance @ the dealer... its usually more expensive

finance from ur local credit union

n build up ur credit!

Need help in choosing whether to buy a car directly from the dealer or from the bank!?

Will need to finance 400,000 pesos over a period of 36 months. This is a comparison of each:

THROUGH DEALER:

5,000 discount on downpayment

Some freebies that cost about 15,000

14,208.84 pesos payment for 36 months, 28.2% rate

THROUGH BANK:

No discount

No freebies

13,163 pesos payment for 36 months, 18.26% rate

I guess my question is whether the freebies/discount from the dealer are enough to offset the lower financing from the bank, considering present (or future?) values. Also there might be some other intangibles/factors that I should consider that differentiate the two.

Need help in choosing whether to buy a car directly from the dealer or from the bank!?

I would go with the lowest rate: the bank.

But based on those rates, I would pass altogether and save up for a cash purchase. Those rates are awful!

Need help in choosing whether to buy a car directly from the dealer or from the bank!?

10% on the amount gives you quite a difference to work with! what can you do with the extra money if you go with the bank? you decide that and you just found your answer!

Can I return a car to the dealership and get my full money back?

I bought a brand new (2008) Kia Rio from a dealership just a few hours ago, but I don%26#039;t want it (long story). It has a warranty and everything. There is absolutely nothing wrong with it; I just don%26#039;t like it. Can I %26quot;return%26quot; it to the dealership without losing money? I decided on a financing payment plan.

Thanks!

Can I return a car to the dealership and get my full money back?

There is no 3 day right to rescind on vehicle purchases in the United States. There is no 24 hour rule in the United States. All return policies must come from the dealership if they so choose to offer.

The only thing you can do is to try to talk with the GM and ask them if you can maybe swap for a different vehicle, or possibly get your money back. I hope this helps to clarify.

Can I return a car to the dealership and get my full money back?

if you signed the sales contract then no you could ask but since they sold it to you they cannot resell it as new

Can I return a car to the dealership and get my full money back?

Turn around , go back to the dealer and tell them you changed your mind. And you would rather not buy it. most contracts allow a 24 hr cooling off period where the buyer can change their mind and say no

Can I return a car to the dealership and get my full money back?

Yes, depending on the laws in your State, you should have at least 2 days to return your car. I%26#039;d do it as soon as possible.

Can I return a car to the dealership and get my full money back?

They say the car depreciates as soon as you drive it off the lot so I don%26#039;t think you would get all your money back. I guess the best would be to call them tomorrow or go there and talk to them. Did you sign a contract and all that?

Can I return a car to the dealership and get my full money back?

Since you asked in more than one place:

There is something wrong if you went through an entire negotiation process for, sat through (I would imagine) a couple of hours in the financing office and then a few hours later decide that you don%26#039;t like it. Only there isn%26#039;t anything wrong with the car! Did you not test drive it? Do research ahead of time? Realize that you were signing binding contracts?

I am not trying to jump on you but this isn%26#039;t a dress that you got home and decided was too tight! This is a huge financial investment and several people who work for their living helped you through the process so I doubt that the dealer is going to just take it back without charging you something.

For example- the lenders who finance the dealer%26#039;s financing you will probably charge the dealership! You have put additional miles on what was a brand new car and title transfer to your name has been initiated so now the dealer has a used car because you changed your mind after a few hours.

Good luck.

Can I return a car to the dealership and get my full money back?

Okay first off there is no 72 hour right of rescission law for car sales. So stop it. You also do not have a 24 hour cooling off period. This is not a competition. You signed the contract you bought the car. You under the mercy of the dealer you bought it from if you go back right now.They might show mercy on you.If you have someone telling you made a mistake and are going by what they say you should have more sense than that. The rio while not the most attractive car on the road it`s also not a bad car. So good luck with it and Merry Christmas.

Can I return a car to the dealership and get my full money back?

The answers you received here show just how much misunderstanding exists regarding %26quot;cooling off%26quot; or %26quot;grace%26quot; periods for returning a car and canceling a sales contract.

Read this: There are NO laws - state or federal. There are no %26quot;cooling off%26quot; or %26quot;grace%26quot; period provisions. Once the contract has been signed, the deal is done.

The misunderstanding come from the fact that there are %26quot;grace period%26quot; laws for door-to-door sales, health club sales, and some other types of sales contracts -- but NONE for automobile sales.

Can I return a car to the dealership and get my full money back?

STOP!!!!!!!!!!!!!!!! These people are going to give me a headache. You CANNOT, I repeat, CANNOT RETURN A CAR TO THE DEALERSHIP!!!!!!!!!! There is NO SUCH THING AS A COOLING OFF PERIOD!!!!!!111

O.K. Now let me explain. A car is new when it has never been titled. A Title Application is a legal document titling the vehicle in your name. As soon as you, the customer, sign the Title application, the vehicle is used. The vehicle depreciates AS SOON AS YOU SIGN. You don%26#039;t even have to drive it. It depreciates. Stop Listening to these people. You are wasting your time trying to take the car back. This is one reason why most dealerships bring out between 15-25 Pieces of paper for you to sign. You knew you were buying a car. You knew what you were paying for it. You knew what the interest rat was on it, and you knew, before you signed, that you couldn%26#039;t back out. You signed a legal contract. You%26#039;re stuck. Learn to love your new KIA

Can I return a car to the dealership and get my full money back?

You are simply suffering from %26quot;buyer%26#039;s remorse%26quot;. It happens to almost everyone after making a big purchase. That being said, %26quot;YOU SIGNED A CONTRACT%26quot;. Next time give your car choice a little more thought before committing to a contract because the minute your back wheels leave the driveway of the dealership, it%26#039;s yours.

Can I return a car to the dealership and get my full money back?

1. You have no cooling off period.

2. You have no 3 day return policy.

3. You signed a contract.

4. If one was to return the car now, you would get resale value for it and car prices go down tremendously after having been driven off the lot.

It will probably be better if you can find a private seller for it.

Can I return a car to the dealership and get my full money back?

Actually, yes. In most states you have 3 days.

If you bought a car in 06...?

Is it true if you were financing it, you can write it off the interest when you do your taxes??? If so than i am LIVID ,and hate H %26amp; R block- Apparently thre is a whole bunch of things i found out you can write off that HR block doesnt tell you.....

If you bought a car in 06...?

No, you can%26#039;t write off the interest on your personal car - you might be able to if you own a business, and the car is used for that business.

What you can write off on a car purchase is SALES TAX - only if you itemize, and if you choose to deduct sales tax rather than state and local income taxes.

If you bought a car in 06...?

My husband is independently contracted and we went to H %26amp; R Block last year, at first. We finally got his brother to check the taxes for us (for any more breaks) and found out H%26amp;R was forgetting about $500 in write offs! I really don%26#039;t recommend them at all. I%26#039;m not sure about the interest on cars, but I definitely understand the situation!! Good luck

If you bought a car in 06...?

Not unless you use it for business purposes. Some portion of the cost of the tag every year, and the taxes you paid when you bought it may be deductible even if you dont use it for business. Sometimes its difficult for a tax preparer to know what to ask, especially if its a new client, or the preparer doesnt have a copy of a prevous return. There are common deductions and there are quite a few more that arent so common. There are always changes from year to year. And about every decade there are big changes. Every person%26#039;s situation can be a little different. And their situation can change from year to year. Clients may not know what to tell preparers and preparers may not know what to ask.

If you bought a car in 06...?

Normally auto loan interest is taxable. If you use the car solely for business (I don%26#039;t mean driving to and from work) it may be different. Try the IRS website.

If you bought a car in 06...?

No. Interest on an automobile is not deductible unless the vehicle is used for business......and going back and forth to work does not count as business.

If you bought a car in 06...?

NO! Auto loan interest is not tax deductible unless you used it for your business (not driving to and from work). Example would be if you are self employed, like a realtor.

If you bought a car in 06...?

Sales tax on the purchase may be deductible in certain situation but the interest is not.

If you bought a car in 06...?

Wow! Block actually got something right for a change!

No, you CANNOT write off the interest on a car loan. So, cool your jets, OK?

If it%26#039;s a business vehicle you might be able to write off some of the expense. BUT if you%26#039;re not telling your tax preparer everything then don%26#039;t expect them to read your mind.

If you bought a car in 06...?

you have 2 options to claim %26#039;business use%26#039; of your car. You can claim the standard mileage rate, or %26#039;actual expenses%26#039;. If you claim actual expenses, you need to record ALL expenses related to the car (gas, oil, maintenance, etc.) and the number of miles for both business and personal use. Find the percentage of business use and multiply by the total expenses.

Ford Deductions?

My husband and I are 30 years old and trying to decide if it is in our best interest to take the buyout for $100,000. We know that Uncle Sam will definitely get his share, but we estimate that we will have approx. $70,000 left and plan to put 50% into clearing up some credit issues and the other 50% in our existing business in which he will be a full time employee w/health insurance and continue to pay his child support (he is current). Ford employees have rumors going around that Child support will be deducted from your buyout equal to 1 year of support even if you are current, as well as if you have cars financed through Ford Credit they will payoff the cars and deduct that from your buyout as well. If these rumors are true, it definitely changes our decision to take the buyout. Has anyone heard about this and it is true? If you answer tell me how you know

Ford Deductions?

These are excellent questions for your union President to answer. there are lots of folks who worked at GM and did this. Find out the facts. Don%26#039;t listen to rumors

Also do the both of you work there. Then why doesn%26#039;t one of you take the buyout and go work somewhere else and the other stay on at Ford. You both don%26#039;t have to quit.

If one of you works there, STAY PUT Ford isn%26#039;t going anywhere, the benefits are the best in the world and you make a good living. Ford wants the %26quot;greed%26quot; factor to play in here...Just sit back and you will be happier as the folks drop off and retire you move up fast in seniority....Hang on

Go to the UNION and get the real answers all you will get here is speculation and more rumors.....Your future depends on it!

Is $1000 a good downpayment for an $8000 car?

My fiance is going to be attempting to finance a vehicle within the next 30 days. We are going to our bank tomorrow to talk to a loan officer about getting financed.

His credit is pretty bad (dont know an exact number but do know its less then 600) ...but the worst thing was defaulted student loans that are now completely off his credit. He%26#039;s been at his job for 3 years. We are willing to accept a higher interest rate as we do realize there is no way around it. So, do you think based on the few details you have, that we could finance a vehicle? $8000 is our MAXIMUM price....we found a vehicle for $6500 that we love!!

Also, we live in Michigan. Anyone know of any finance companies or dealerships we could contact?

Thanks so much...oh and no rude comments please!

Is $1000 a good downpayment for an $8000 car?

If you live in Michigan and just like many other states, that

have had flooding. You want to get the %26quot;VIN. number checked

out. It may have been in a accident, or the owner neglected

the repairs and maintenance needed on the warrenty.

When you put money down on a car. The more that you put

down. The lower the payments will be per month.

Many of the dealers. Do finanace their own. It may be a bit

cheaper, because the banks are in the credit crunch.

Do your homework first. Never let a salesman know your in

love with a car. He will pressure you to sign now, because

the car will be sold tommorrow, when it has been sitting there

for weeks. If given a hassle, don%26#039;t be afraid to walk out, and

don%26#039;t look back. Because, with all the cars on the market,

there is plenty to choose from.

It may be better to buy from a co-worker, relative, or a good

neighbor, you know has taken good care of their car. You

will then be happier in the long run, but you will have to get

fiananced by your bank or Credit Union, that your pick.

You better get ready to have one of his parents to %26quot;co-sign%26quot;

with his bad credit, that he has had, just in case. %26lt;}:-})

Is $1000 a good downpayment for an $8000 car?

IDK where in Michigan you live. But in Ohio/Michigan there is a company called Rose City Motors that works with people with poor credit. The intrest rate will be killer! Can you save more money first before you buy a car? Maybe half the price of the car.

Is $1000 a good downpayment for an $8000 car?

Bad credit is a bummer... I am just pulling myself out of the same thing. I filed bankruptcy about 3 years ago and just now was able to get financing for my vehicle. My score is above 600 though.

I live in Wisconsin, and here there are several dealerships that have Poor Credit lots and such. You may need to go to a lot like that in order to start rebuilding your credit. I know a big one here is J.D. Byryder.

Good luck!

Is $1000 a good downpayment for an $8000 car?

$1000 is a good down payment for an $8000 car. With the credit rating that you gave for your fiance he will most likely get a higher rate like you said. Check around the dealerships and ask if they do dealer financing also. If they say yes... tell them your approximate credit score as if your credit report is pulled to much it does start having an adverse effect on your score and make it even lower.

Is $1000 a good downpayment for an $8000 car?

Any down payment is better than none at all, but I would just save up seperately and buy the car with cash. I had an old beater car for a while that was $900, then I went out a year later and got myself a 7 series bmw with cash in hand.

You%26#039;d pay more on the interest than you%26#039;d pay getting a cheap car, say less than 1k... driving that for a while and saving. Saving would actually PAY YOU interest, rather than paying the loan people interest.

Is $1000 a good downpayment for an $8000 car?

Check out a local credit union. Sometimes they have liberal membership rules....may help....

Is $1000 a good downpayment for an $8000 car?

I admire your mature attitude about repairing your poor credit history. It sounds like you will be on a good road soon. I think that $1000 is enough down payment for a $6500 car. It depends on who will hold the paper (loan). Good luck!

Questions for car salesmen?

Im a 23 yr old guy and im trying to get financed for a new miitsubishi eclipse. I have perfect credit, been working at the same job for over 3 yrs now, and im gonna put $9,000 down on it, the only problem is i work for $8.25 an hr. Do you think ill be able to get financed for it?

Questions for car salesmen?

Im not a car salesmen but i have no doubt that you will get financed with that much down and a good credit score.

hes right dont buy the eclipse, its totally a girls car. but dont buy either of those cars either. get the altima or accord coupe. v6 if you want a fast car. both are very reliable and look great too!!!

good luck!!

Questions for car salesmen?

1. don%26#039;t buy the eclipse it will make you seem like a woman

2. buy a cobalt ss or a mustang... fund our economy not japans

Questions for car salesmen?

You are going to borrowing 12 to 15 thousand dollars and your payment will be about 275 to 300 a month. do you really think you can afford it? dont forget about insurance cost. the bank will look at your income (less than 1000 take home) per month and see what other obligations you have and do a debt to income analysis they will probably say no. but the dealer will probably give you a raise on your credit application so it looks like you are making more. dont let them do this and set you for failure. you should probably settle for a car that costs alot less . you can figure about 25 dollars for every 1000 you borrow look for something that keeps your payment at 200 per month or keep driving what you got. also at 23 you should be making more money than 8.25 an hour. save your money cars are a bad investment. and if the chicks you are seeing only like you for the car you drive get rid of them there are plenty of chicks who dont care if you have a new car. you can buy a nice used car for 9000 cash get a better job and buy anew on in 2 or 3 years.

Questions for car salesmen?

If you have good credit go to a Credit Union for the best rates. They will want your car payment to be around 20% of your take home pay. So if you make $8.25 hr that%26#039;s $330 a week or about $1300 a month gross. Net will be around $1000 a month. So your max car payment shouldn%26#039;t be more than $260 a month.

With 9K down on a $25000 Eclipse you%26#039;ll be financing around $16,000.00 which works out to about $265 a month for 5 years.

I think you will get your new car.

The best advice I can give you is to go to a Credit Union or Bank FIRST and get pre-approved for a loan. They will tell you how much they will lend you and how much you can afford based on their formulas. Take that knowledge with you to the dealer and work your deal to fit into the price and payments you%26#039;ve been given by the lender. Never let a car dealer sell you a car on monthly payment quotes alone. You%26#039;ll get screwed every time. They will try to force you into a %26quot;How much do you want to pay per month%26quot; game and they will beat you in the negotiations by manipulating the payment with bad terms. Bring in your own financing and negotiate on price not payment.

Why should I pay my car loan?

Considering:

That I financed my vehicle

That I have invested $200 so far

That the price of my vehicle has just been lowered by $2290

As a protest I am wondering if you can give me some good reasons why I

shouldn%26#039;t:

take the monthly payment out of my account

Let Toyota reposes the vehicle

Write a blog and letters to the editor about what I am doing and

why encouraging others to do the same

And finance/buy the same vehicle for a $2090 less and/or

finance/buy a competitors vehicle

Why should I pay my car loan?

you can certainly do that but they will destroy your credit score.

Why should I pay my car loan?

huh?

Why should I pay my car loan?

Beat the hell out of it and let them take the piece of crap back.

And blow the engine!

Why should I pay my car loan?

Cars always go down, as soon as they are bought of the lot, no taking that back. You signed a contract so you are stuck, if you do not pay they will take the car and you will have bad credit, which will make it close to impossible to get another car loan again.

Why should I pay my car loan?

see that you get the additional rebate from them .

Why should I pay my car loan?

Your agreement is legal at and from the circumstances at the time of agreement and the future price of the car will have no bearing on this in the eyes of the law. You will be wrecking your credit rating for no good reason and making it less likely that you will receive credit in the future.

Why should I pay my car loan?

having your car reposessed is NOT good for your credit...like bankruptcy!

if you do that no bank will lend you $$ to finance another car.

all cars depreciate in value once they are taken off the lot. Cars are not an investment....like a house is.

so just pay your bill...and be happy you have a car.... and next time try to bargain a little better at the dealership

Why should I pay my car loan?

are you kidding? please say you are. why the heck do you want to ruin your credit over this? ALL cars and i mean ALL new cars lose value the minute they are driven off the lot. Toyotas are some of the best cars you can buy. you can go 200,000 miles without a problem

Why should I pay my car loan?

You lost more than $2290 just be driving the vehicle off the lot.

Gather it up, bucko, keep the car and make the payments. Repo%26#039;s on your credit report are huge hits.

Why should I pay my car loan?

Because you signed a legal contract and you are obligated to pay for it and getting repoed would only worsen your situation.

Call and talk with the seller and see if they will do anything, they probably wont but you wont know until you try.

Why should I pay my car loan?

Are you kidding?? How is NOT paying your car loan going to be helpful? You are shooting yourself in the foot by doing that. The manufacturer already got their money the minute you signed the loan papers to begin with. They don%26#039;t see a penny of your monthy payment. That%26#039;s the banks problem now.

If your cars value has dropped 2290 since you bought it.....JOIN THE CLUB! It%26#039;s called depreciation.

You didn%26#039;t state what your $200 has been spent on. My guess is that is was a service problem that could have been avoided if you had a mechanic inspect the vehicle prior to delivery.

If you let the car go back, you wont have the chance to buy a competitors vehicle...you wont get approved 2 days after a repo.

Why should I pay my car loan?

Pay your bills. That $2090 is nothing compared to the extra interest you will be paying on ALL loans when you mess up your credit with a REPO. Heck, if you don%26#039;t have much credit established now....you might not even get another car loan for a while if you have a REPO on your record...

Suck up the fact that cars depreciate in value and enjoy the car for the reasons you bought it.

Why should I pay my car loan?

Sounds like %26quot;buyer remorse%26quot; to me.

Why should I pay my car loan?

I know The right thing%26quot; has gone out of style, but you did sign a contract and gave your word. It%26#039;s sad doen%26#039;t mean anything any more.

Why should I pay my car loan?

Todd

you bought a NEW car and you paid the Suggested Retail Price for it. I know it blows to know that the car you just drove off the car lot depreciated in value that much the moment you signed the payment agreement. However, you DID sign this agreement and you are obligated to abide by it. Otherwise, within 3 months of non payment, some big burly guy named Cooter is gonna come with a tow truck in the middle of the night, load it up, and haul it off back to the lien holder (person or company that loaned you the money to buy the car). Which in turn, is gonna shred your credit score to ribbons

If you want to fix this situation, pay on your car for one year solid doubling up on the first 4 payments. This eliminates your negative equity in the car keeping you from being %26quot;upside down in the car%26quot; (meaning you owe more on the car than you can sell it outright for). Then you are free to do a trade in and purchase what I recommend as a like-new car. I never recommend anyone buy a NEW car. Like-new cars are cars that were temporarily owned by a previous owner but have less than 1500 miles on them. They are sold without the high overhead and retail value to them. They are also still under factory warranty and no one can tell that its previously owned.

So next time you make an auto purchase do more research into it.

Why should I pay my car loan?

You signed a legal and binding contract saying you would pay for the vehicle. If you decide to not pay for the vehicle and allow the bank to take it back...not only will it ruin your credit but the bank will in turn sell the vehicle for whatever they can get out of it and then put a judgment on you to pay the difference of what the loan was for and how much they sell it for. Believe me they don%26#039;t push to hard to get the best price out of it either. My brother had a vehicle that the bank took back because he was laid off and couldn%26#039;t make the payments. The bank took the vehicle, sold it for $2100 less then the loan payment and then put a judgment on my brother to pay that $2100 plus court costs.

My suggestion is to either get your act together and grow up. Depreciation happens to almost everything...that%26#039;s LIFE!!! If you don%26#039;t want the car anymore try to find someone to take over the loan or sell the vehicle for what you owe on it.

Why should I pay my car loan?

If you do that you they would sell the car and still sue for the balance on top of it. Sell the car to carmax and pay the difference

Why should I pay my car loan?

Because you are contractually bound to fulfill the terms of the agreement you did sign. If you let them repossess your car, it could prevent you from getting another loan for several years (that%26#039;s called karma). Even if they repossess your car, you will still owe them the money. Is that enough reasons for you?

Ford Buyout Deductions?

My husband and I are 30 years old and trying to decide if it is in our best interest to take the buyout for $100,000. We know that Uncle Sam will definitely get his share, but we estimate that we will have approx. $70,000 left and plan to put 50% into clearing up some credit issues and the other 50% in our existing business in which he will be a full time employee w/health insurance and continue to pay his child support (he is current). Ford employees have rumors going around that Child support will be deducted from your buyout equal to 1 year of support even if you are current, as well as if you have cars financed through Ford Credit they will payoff the cars and deduct that from your buyout as well. If these rumors are true, it definitely changes our decision to take the buyout. Has anyone heard about this and it is true? If you answer tell me how you know. Thanks.

Ford Buyout Deductions?

TAKE IT . MY HUSBAND WORKS FOR GENERAL MOTORS , THANK God HE RETIRES Friday THE 29 TH . Lot%26#039;s OF PEOPLE YOUR AGE TOOK THE BUY OUTS . none CAN TOUCH YOUR CHECK BUT YOU AS FAR AS THE CHILD SUPPORT . HE SHOULD PAY EVEN WHEN HE GETS HIS MONEY BECAUSE YOU DON%26#039;T WANT TO BE IN REARS . BOTH OF YOU ARE STILL YOUNG ENOUGH TO GET ANOTHER GOOD JOB . REMEMBER THOUGH WITH THE BUY OUT HE IS NOT ENTITLED TO ANY MEDICAL BENEFITS OR PENSIONS SHARE HOLDINGS ETC . ONE OF OUR FRIENDS WHO TOOK THE BUY OUT HAS GONE TO SCHOOL AND IS NOW BECOMING A LAWYER ..... GOOD LUCK ON YOUR DECISION

Ford Buyout Deductions?

My ex is about to be a former Ford employee. From what I閳ユ獫e been told they are taking a percentage from the buyout to pay child support. My sister has a coworker that took a buyout last year for $30000. After taxes and child support, he was only left with $9000 and was begging for his job back. Report It

Wow, car insurance is like 3-4 times more expensive than car payments.?

I was looking to lease a new lexus is 250 which would cost me 369 a month but i went to get a quote from geico, it said that the insurance would cost about 1600 a month. I think that is pretty insane considering you could finance a porshe 911 for that much money.

I am 20 and got my license last summer. is there a time period when the cost of insurance goes down?

Wow, car insurance is like 3-4 times more expensive than car payments.?

I don%26#039;t pay that much in a year for 4 cars, 3 with full coverage. Now I know the kind of car and your age makes a difference, but $1600 a month does not make sense. Check with other insurance company%26#039;s and get their quote. Try State Farm, Farm Bureau, and there are a lot of independent agents who can give you a quote. Good luck as I am sure you can get insurance for a lot less.

Wow, car insurance is like 3-4 times more expensive than car payments.?

After you past 30,

I know it%26#039;s so easy a caveman can do it, but why didn%26#039;t you call any other insurance companies?

Wow, car insurance is like 3-4 times more expensive than car payments.?

I am 20 and got my license last summer.

Right there is your problem. you%26#039;re still a new driver, yes rates will go down as you get more years of driving experience. IF you don%26#039;t have accidents or speeding tickets.

Wow, car insurance is like 3-4 times more expensive than car payments.?

that seems high but your also 20 w/ a Lexus. maybe it 1600 for 6 months

Wow, car insurance is like 3-4 times more expensive than car payments.?

You need to find a vehicle that is less costly to insure or you can move to where the insurance rates aren%26#039;t so high until you get older.

Wow, car insurance is like 3-4 times more expensive than car payments.?

When you have had your license for 3 years, some companies will give you a discount. Also, if you have had insurance continuously for 3 years. Just to get an idea, put in the same information but, make yourself 3-5 years older and have had insurance and license for 3 years. Also check with Progressive.

Wow, car insurance is like 3-4 times more expensive than car payments.?

The problem is the insurance company does not want to insure you or your lexus. They think that if they price the insurance so insanely high you won%26#039;t go for it. Try another insurance company...rates fluctuate all over the place. Another thing to do before deciding on a car is to check how much the insurance is on that model. I can understand the insurance company%26#039;s point of view...NEW DRIVER...NEW LEXUS...OH NO!!! Insurance goes down when you reach 25 or get married and have kids...not a good reason to do that.

Wow, car insurance is like 3-4 times more expensive than car payments.?

I work for an insurance agency in California and in this state your insurance premium goes down as you attain more driving experience. It usually goes down after 5 years of driving and it goes down significantly after 9 years of driving. They base it off of when you become of age to obtain a drivers license which is 16 in California.

Wow, car insurance is like 3-4 times more expensive than car payments.?

Most people has the same problem but i suggest them that if you are looking for a cheap car insurance you need to shop or search on the net visit sites like this http://www.nightbirdssolutions.com and collect quotes and compare and see if their is a company that can offer you a cheap car insurance.

Wow, car insurance is like 3-4 times more expensive than car payments.?

please try this %26lt;a href=%26quot;http://www.anrdoezrs.net/click-174... target=%26quot;_top%26quot;%26gt;help!%26lt;/a%26gt;

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If Im a co-signer on car loan and the loan is behind can I go get the car?

My soon to be ex husband is behind two payments on his truck loan. I%26#039;ve been getting letters in the mail and phone calls from the finance company. The finance company says I cannot go get the vehicle. Are they right? They say the only thing I can do is wait until vehicle is repo%26#039;d and then pick it up and pay the fees and get payments caught up to take possession of the vehicle.

If Im a co-signer on car loan and the loan is behind can I go get the car?

if you are on the loan, then you are entitled to the vehicle as much as the ex is. I would get the car before he damages your credit even more.To be safe though, I would contact the local authorities in your area to make sure that you retriving the vehicle isnt considered GRAND THEFT where you live.

If Im a co-signer on car loan and the loan is behind can I go get the car?

You can pick-up the vehicle only after you%26#039;ve made good the back payments. The finance company is wrong in advising you to wait for the vehicle to be repossed as this would affect your credit standing.

If Im a co-signer on car loan and the loan is behind can I go get the car?

dont get the loan for the pvt finance company

If Im a co-signer on car loan and the loan is behind can I go get the car?

no you cannot get the vehicle right now it is in your soon to be ex%26#039;s name thus it is his property.

You Co-signing the loan for his truck merely meant that you would pay if he was not able to pay.

It is a lose lose situation for you i am sorry for that. You lose if you let them get to the point where they repossess the vehicle in bad credit and if you pay for the loan you lose because the fact your donating to your soon to be Ex.

If Im a co-signer on car loan and the loan is behind can I go get the car?

You indicated that you are still married and the co-signer (which means, %26quot;alternative%26quot; in the event of default by the primary but, still responsible). Depending on the state your living in, your assets and depts may be divided equally upon you two.

If the truck is 2 payments behind, you and your soon to be ex-husband%26#039;s credit is already jeopardized. To prevent any furture damage to both of your credit you must make payments up to date, and try not to let it repo%26#039;d.

Reposession is very damaging to both of your credit scores. You both need to decide what is best for both of you whether your together or not; you both still need cars after the separation and reposession will not help it.

In fact, reposession will decrease your credit score, increase your intrest rates and %26quot;the need to deposit%26quot; and it might prevent both of you from getting a auto loan at all.

The finance company said, %26quot;you should wait till the truck is repo%26#039;d to take possesion%26quot;, probably means making you the primary. Since your soon to be ex-husband was at default, you are the alternative and should you choose to take it, you may, but exclusively (which is what you want).

But, going that route means damaging you%26#039;re and your husband%26#039;s credit score. If you know that your gonna end up with the truck, you should try not to damage your credit in doing so. You need to talk to your soon to be ex-husband.

But, since he is %26quot;soon to be ex-husband%26quot;, it seems like you two have some communication difficulties.

But, if you wanna protect your credit score that%26#039;s the way to do it. Good Luck

If Im a co-signer on car loan and the loan is behind can I go get the car?

You can go to the court handling your divorce and ask to be removed from the loan. However the loan will have to be up to date so either way you are OOP for the back payments and penalties. Talk to your divorce lawyer.

If Im a co-signer on car loan and the loan is behind can I go get the car?

The finance company is right. BUT, you can ask them to expedite the repo to minimize the late payments and fees.

Ask your ex to voluntarily surrender the truck to the finance company ( longshot). Have the company re-title the vehicle in your name and re-do the note in your name, thus elminating any claim your ex may have.

This will give you time to sell the truck and pay off the note.

If the finance company handles the deal, they have no incentive to get top dollar for the truck because you are on the hook for the deficit.

JH

I saw a car on ebay located in the UK that I want to Purchase. I have been instructed by the seller

money via western union to Yahoo Finance agent Steve Sadler, 19 Midland Road, Bedford UK Yahoo Finance Invoice ID 738120065 Is this ligit? please advise if you know. Clayton Porter 912-635-9330 or rbmllc@bellsouth.net Thanks

I saw a car on ebay located in the UK that I want to Purchase. I have been instructed by the seller to send?

It%26#039;s a scam man I buy and sell cars off ebay and I see those scams all the time, Dont buy anything out of this country or you

will be sorry.

I saw a car on ebay located in the UK that I want to Purchase. I have been instructed by the seller to send?

If you can%26#039;t go there and buy it in person then I wouldn%26#039;t. Sending money to a stranger VIA Western Union is a DEFINITE %26#039;NO NO%26#039;.

I saw a car on ebay located in the UK that I want to Purchase. I have been instructed by the seller to send?

Not a wise thing to do. Buy a car sight unseen ? And do you know how much it%26#039;d cost to ship a car from the UK ? $$$$%26#039;s....

I saw a car on ebay located in the UK that I want to Purchase. I have been instructed by the seller to send?

Not wise. eBay actually advises people against using Western Union to pay (in fact they might actually forbid it) and the one time I paid someone through Western Union - I had good reason to trust them and it all worked out - my bank gave me a friendly lecture about whether I was doing the right thing. You have no come-back if the seller reneges on the deal or the good turn out to be not as described.

eBay runs an %26#039;escrow%26#039; service which is worth using for high-value purchases. Basically it means that you pay the money into an account that eBay holds, and eBay then releases it to the seller when you%26#039;ve taken delivery and find the goods to be as described. It ought to be well worth using this service in your case, and if the seller won%26#039;t go along with it then this is good reason to suspect their motives.

Hope that helps.

How to get out of a car loan from a buy here pay here lot ?

I bought a truck from a buy here pay here lot .I have never got it legal, licensed or insured .I have only driven it about 50 miles?I?ve had the truck for a year and never been late on my payments I?ve been trying to get out of the loan without hurting my credit. I have offered to pay the finance charges and give it back to them. I have tried just about everything. I offered cash for the vehicle but they wouldn%26#039;t take any finance charges off the note or come down on the price. It was an impulse buy I have learned my lesson .If anybody could help?Thank you

How to get out of a car loan from a buy here pay here lot ?

Just sell it yourself, if you haven%26#039;t driven it in the year you%26#039;ve had it it%26#039;s probably in good shape with low miles, sell it yourself and pay off the loan.

Also, a good site is...

http://www.surveyland.org/jump.php?link=...

Good Luck.

How to get out of a car loan from a buy here pay here lot ?

About all you can do is take out a loan to pay vehicle off, get the title, then sell the vehicle. This is really hard to do though, because with these buy here/pay here cars you are almost ALWAYS upside down. in other words you owe more on the vehicle than it is worth.

How to get out of a car loan from a buy here pay here lot ?

Well there are two ways out. One being take out a loan and paying this truck off. Two sale it for the payoff and pay it off. Call the dealer and ask what the 10 day payoff would be. This would be your only two options considering you signed the papers and had the car for a year!

How to get out of a car loan from a buy here pay here lot ?

The dealer cannot charge you finance charges beyond the date that you pay the truck off. You need to look on-line and find a loan calculator that will let you run and print out an amortization of the loan...if you can%26#039;t find one, take your contract to your bank and ask if they can help you figure the payoff amount of this loan.

Once you determine the correct payoff amount, go to the dealer with a copy of the amortization chart and a cashiers check for that amount, give him both of these. Tell him you expect the title for your now paidoff truck.

If he refuses, tell him you will go to the attorney generals office and the department that regulates finance in you state and lodge complaints, then your attorney.

The dealer will do what is right and give you a title or he will suffer the consequences.

Good luck

How to get out of a car loan from a buy here pay here lot ?

If you offer to pay the vehicle off,the dealer must deduct the unearned interest..That is federal law!! FTC would love to know this,,,if this is really the case..

How to get out of a car loan from a buy here pay here lot ?

There is no absolutely answer for your question.However,explorer the information here will give you some ideas.HOpe it helps.http://loan.online-supporthome.info/clas...

Problem with recently purchased car?

My brother recently purchased a Ford focus from a private dealer in Stockton.He has now had someone from a finance company ringing him to say there is an amount owed on the vehicle. He has been back in touch with the seller who has told him he got it from an auction and it was clear of finance at that point. What steps would my brother now have to take to clear this problem up

Problem with recently purchased car?

The dealer MUST ensure the car was finance clear before selling.

Contact the finance company and tell them who he bought it from and on what date. Hopefully you have your reciept, get them to contact you through the mail and send them a copy of the receipt.

The finance company cannot take the car back, the law changed recently and if it iwas bought in good faith with no knowledge of it having finance owing then its up to the finance company to chase the person who financed the car for payment.

Problem with recently purchased car?

private dealer??? Sounds like he didn%26#039;t get clear title before selling it. Go to DMV, take all paperwork.

Problem with recently purchased car?

Do an HPI check on the car; if there is still finance outstanding it will show on there. If the car is still subject to hp it%26#039;s not the seller%26#039;s to sell, it%26#039;s owned by the finance company, no matter what%26#039;s shown as the registered keeper.

Problem with recently purchased car?

If he has the title to the car, it%26#039;s not his problem. If he bought a car and hasn%26#039;t gotten the title yet, he needs to go back to the dealer and GET the title; if he can%26#039;t provide, then he better talk to an atty or law enforcement as odds are he%26#039;s been taken.

Problem with recently purchased car?

If the seller can be proved to be in trade your brother gains good title to the vehicle and is entitled to %26#039;Quiet possession%26#039;. If the seller regularly sells vehicles, even if from home, he will be regarded as a trader. Then he will be the one who is liable, unless he can find the culprit further up the chain.

Problem with recently purchased car?

Really nasty, Check the amount first. Some times it can be a matter of just a few pence but they can not clear the car until receiving it. But other wise you need to look in to taking the car back for your money back. I would talk to citizens advice if the selling dealer is not prepared to settle the out standing amount.

Who will give me car loan?

I have a leased vehicle that is up in 6 months. In the two and a half years I have had it, unfortunately my credit has taken a nosedive. I%26#039;ve been late on payments, but never to the point of even threat of re-posession. Does anyone know if it would be easier to get the next vehicle through the same dealership and finance company I currently have, as opposed to trying to get a vehicle through a completely different dealer and applying through a new finance company?

Who will give me car loan?

Be prepared to pay some ridiculous interest rate.

Seems like the people who can least afford it, have to pay the highest interest.

Who will give me car loan?

Regardless of where you apply, I would tend to think that any bank/finance institution will run a credit check on you. Late payments, I am reasonably certain, affect your credit rating.

It%26#039;ll be hard for you to get another loan, wherever you apply.

Car loan requirements?

ok, i have bad credit, a repo thats 2 years old, and starting a new good paying job soon. I know i%26#039;ll probably have to have at least 3g%26#039;s for down pymt and interest rate may be about 21%, which is very high(but it%26#039;s the price u pay for having bad credit, i guess). However, my question is, generally speaking, whats the basic criteria that banks/finance company require? specifically, how long do i have to be on my job...is it 3 months or 6 months? the vehicle i want averages 26g%26#039;s(thousand dollars)used.

Car loan requirements?

Most banks like to see at least 6 months in your current position as a minumum. However, the length of time in the same career field is often more important along with a stable work history.

With the numbers you gave, your payments would run over $620 per month on that car. If your credit was top-shelf you%26#039;d be looking at 7% or so and payments of around $455.00

If I were your financial advisor, I%26#039;d suggest that you find something basic for the $3,000.00 cash you have on hand and bank $620 a month for a couple of years. This will let you know if you can actually afford that kind of payment as well as give you time to significantly improve your credit score.

At the end of 2 years, you%26#039;ll have over $15,000 in the bank. With that and a better credit score you%26#039;ll be well positioned to negotiate a much better interest rate. Say that a similar car cost $28,000 in 2 years and you put $15k down, and got a 12% rate your payments would only be about $289 a month and financially you%26#039;d be on Easy Street.

Car loan requirements?

I seriously doubt that ANY bank will finance you. You are too high a risk. $3,000 is not a large enough down payment. You need at least $10,000 AND you%26#039;ll need to be working that job for at least six months if not a year. $26,000 is way too much car for you to be financing. You should use the $3,000 to buy a car off of Ebay. Be honest with yourself...you can%26#039;t afford a car payment.

Car loan requirements?

Well it depends on the bank.I have banks that will approve you with 2 weeks on the job. It would be best to have a couple months but with 3,000 down you should be able to get a car after a month or two. The bank will ask for two of your most recent pay stubs dating in the last 30 days, a phone bill dated also, a bill with same dating on it 6 references name number and address. This should be the maximum of what they ask you for. Good luck hope you get a nice car.

Car insurance questions?

i have a bike financed under my name so the title is under my name but my friend is the primary driver of the bike so the insurance is under my friend%26#039;s name. what would happen if the bike gets stolen or totaled?? do I get a check totaling the value of the bike or does my friend get it?? what would the situation be. thanks

Car insurance questions?

As far as I know whoever has and pays the insurance would receive the check. You may want to work out something with your friend where you are both on the insurance and both pay for part of the insurance.

Car insurance questions?

You need to have his insurance company list you as a titleholder of the bike so that the check would come to you and not your friend. Otherwise, get a policy with you as a named insured, but list him as a driver on it. Either way would work.

Car insurance questions?

Personally if I was handling the claim and knew the situation, I%26#039;d just put both names on it. One to show I paid the policy holder as required and the second to show I paid the owner. Done deal for the insurance company... as all bases are covered.

If they don%26#039;t know you own the vehicle, just the insured%26#039;s name would be on the check (would not be the case in the total)