Buying a Used Car
by: Joseph Kenny
Before getting your own car, it pays to do some homework. Think about what you need, what the car will be used for, and your budget. Look in books and online and think about repair costs, safety tests, mileage etc.
Once you?ve chosen the car you want, you have to decide how you are going to pay for it. You can pay the whole amount upfront or you can finance the purchase over time. If you do use financing, you should be aware that this increases the total cost of the car as you must pay for the car plus the credit.
Once you have decided on how much you can put down, you can look at the annual percentage rate (APR) of the loan and the length of the loan and see how much your monthly payments will be.
Generally speaking, the shorter the term of the loan, the higher the APR. If you are in your teens, cosigning with your parents will help you to get a better rate. You may also want to think about paying in cash for a less expensive car.
Dealer or Private Sale?
This is an important decision to make. If you buy from a dealer you will generally pay more. But you will benefit from knowing that if there is a problem you can return to the dealer to complain. Many dealers offer warranties and guarantee the quality of the car.
On the other hand, buying from an individual will offer less security as the car will generally be sold as is, which means you must bare the cost of any problems that later arise. You also cannot go back and complain to an individual if something they told you turns out to be untrue. That said, buying from an individual can often offer very good value.
First of all, they will not add a mark up on the price, which is what a dealer would do if he had bought it first. Also, if you bring along your own mechanic, or someone who knows about cars, you can have it checked out to make sure everything looks ok.
Before you buy the car, make sure you examine it with an inspection checklist. Get a good test drive over varied road conditions and be sure to get the car?s maintenance record. It is also worth having the car inspected by a mechanic if you have serious concerns about it.
Finally, before you buy, make sure you are ready to meet all the associated costs of having the car. These include insurance, fuel, maintenance and repairs.
About The Author
Joseph Kenny is the webmaster of the loan information sites http://www.selectloans.co.uk/ and also http://www.ukpersonalloanstore.co.uk. Select Loans have information and links to certain suppliers in the car loans section of the site.
|
A Primer On Finding & Selecting Medical Insurance
A Primer On Finding & Selecting Medical Insurance
by: Joe Leech
At one time, only a few such as the self employed really had
to know much about selecting medical insurance because for
many years, the majority of the working population was
working in "employee" status and Medical Insurance was a
company benefit, and one that had very few choices involved.
Today that benefit is either disappearing or being offered
with choices ranging from family plan to PPO to HMO to no
participation; choices also include the amount of payroll
deduction based on plan choice, and it?s a complex situation
to decide.. does one opt for the plan with a $500
person/$1000 max deductible which has virtually no payroll
deduction, or the plan with the $250/500 but with a $25 per
month deduction. Of course those figures are arbitrary for
the purpose of the article and cited only as examples.
But there are choices that can...
A Primer On Finding & Selecting Medical Insurance
Car insurance > A Primer On Finding & Selecting Medical Insurance
Ball Joints and Your Car's Suspension System
Ball Joints and Your Car's Suspension System
by: Matthew C. Keegan
An important part of your car?s suspension system is its ball joints. Made of extra tough steel, ball joints act as the pivot point between two parts: the suspension and your car?s tires. Ball joints help support your car?s weight and, as is the case with some vehicles, ball joints may be used to help set the alignment. Let?s take a closer look at this key component of your car?s suspension system.
Enclosed in a steel housing, ball joints are used on the front end of almost every car, truck, SUV, and minivan. As might be expected, ball joints are subject to a lot of wear and tear, so to properly protect them ball joints are housed in an enclosed boot to keep dirt away from the joint assembly.
There are two types of suspension systems that use ball joints. The first is a conventional system that uses an upper and lower ball joint. The second is called a MacPherson strut system...
Ball Joints and Your Car's Suspension System
Car insurance > Ball Joints and Your Car's Suspension System
Can I Afford Health Insurance?
Can I Afford Health Insurance?
by: Kay Lowe
In light of today's health care costs, a better question would be, "Can I afford NOT to have health insurance?".
Indeed, medical expenses are a leading cause of bankruptcy in the US.
A health insurance plan should be an essential part of any responsible financial plan, whether married or single.
Even young, healthy adults should bear in mind that a single emergency room visit can cost hundreds, even thousands of dollars, and intensive care can cost thousands per day.
And that's not even counting the costs of prescription drugs.
There are steps to take to minimize the expense of health insurance.
Many employers offer health insurance as a benefit for employees.
Rates for group health insurance such as this are usually lower than private insurance rates; employers can negotiate better rates as a group.
Labor and trade unions also may offer...
Car insurance > Can I Afford Health Insurance?
Frequently Asked Questions about Buying Your First Home
Frequently Asked Questions about Buying Your First Home
by: Damon Thomas
The idea of buying a new home for the first time can be overwhelming for most people.
It is probably the largest investment they have ever made, and the process itself seems downright intimidating.
Here are answers to a few questions about homeownership from www.casanuevahouston.com and www.casanuevasanantonio.com.
Much more information is offered online at these websites.
How do I know how much I can afford?
Most people like to think of it in terms of their monthly payment.
A good rule-of-thumb is that your total monthly payment will be about 1% of the purchase price.
If a new home costs $100,000, the total monthly payment will be about $1,000.
What kind of down payment is needed?
Car insurance > Frequently Asked Questions about Buying Your First Home
How to Clean Cat Urine
How to Clean Cat Urine
by: Matt Craine
Ideas for how to clean cat urine stains
When cat urine seeps through carpet, into padding and down to the floor beneath, it can give your home an unpleasant aroma (to say the very least!). In almost all cases, cat urine is the worst perpetrator of pet stains and pet odors. If you own a cat, it's important for you to know how to clean cat urine stains.
The color of cat urine and its staining potential will often...
Buying a Used Car Car insurance How to Clean Cat Urine vacuum
Car insurance > How to Clean Cat Urine
Buying a Used Car Car insurance student loans
Buying a Used Car Car insurance vacuum
Tips For Receiving Online Accredited Degrees
Tips For Receiving Online Accredited Degrees
by: Sintilia Miecevole
While a great many individuals dream of getting a degree, it is sometimes seemingly impossible to interrupt your career and or family life to go back to school. Many of us, of course, have jobs and find that the traditional schedules offered by community colleges and universities often make it impossible for us to juggle our schedules to attend. Or perhaps we have family members, kids more than...
Buying a Used Car online degree Car insurance
Car insurance > Tips For Receiving Online Accredited Degrees