July 06, 2006
Check Your Credit
Some car financing tips for fast car buyers.
Before you buy an auto, know your credit score. This will help you determine what type of interest rate you will pay. A score over 700 will get you the best rate. A score from 650-700 is still good, but under 650 will start to increase the interest rate you will pay.
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Posted on July 6, 2006 12:23 AM by Car Fi46.
Filed in Fast Cars under car finance.
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June 28, 2006
0% Is Back
Fast car buyers can expect 0% financing from most U.S. makers this year.
GM to announce 72 hour sale starting Tuesday June 26. It is a sale to pull out a great June for GM. The sale will offer 0% financing up to 72 months not including Pontiac Solstice and G6 convertibles. The 0% applies to 06 models only, but are offering lower financing rates on 07's, just not 0%.
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Posted on June 28, 2006 06:01 PM by Car Fi46.
Filed in Fast Cars under car finance.
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June 11, 2006
Bad Credit? No Problem
Some tips here for fast car wannabees with bad credit.
Buying a car with bad credit can be easier than you think. The main thing that will help get you financed is money down. Another thing that lenders will look at is stability--how long have you worked at your current job and the job before that and how long have you lived at your residence.
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Posted on June 11, 2006 06:10 PM by Car Fi46.
Filed in Fast Cars under car finance.
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February 23, 2005
Fast Car + Young Driver = $$$
Young drivers pay from $3,600 to over $10,000 a year for car insurance. The faster your car, the more you pay.
“When it comes to auto insurance, I feel bad for young people, they haven’t got a chance,” states Cathy Ryan, an independent agent for Hudson & Muma, an insurance company in Detroit.
A college student living near a big city, such as Los Angeles, New York, or Chicago, who drives a sports car such as a Mustang convertible and has a DUI (Driving Under the Influence of drugs or alcohol) or DWI (Driving While Intoxicated), will get rated as a high insurance risk. Add a speeding ticket or two, as well as an accident, and you’re looking at paying the highest insurance rates possible.
Even if you are a good driver who happens to sit behind the wheel of a sports car, watch out!
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Posted on February 23, 2005 11:48 AM by Car Fi46.
Filed in Fast Cars under car finance.
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