Step 1 - Tell the salesperson that you are not going to discuss rebates until you have agreed on the price of the car. Rebates are intended to attract new car buyers into the showroom, and they do.�...
The Selling Price Some people have trouble identifying the manufacturer's suggested retail price (MSRP) sticker, or window sticker, while on the dealers lot. Through no fault of the car lot shopper...
Initial Missed Payment When you can't pay only one month's worth on your auto loan, lenders typically just assess you a late fee. They may contact you to remind you that your payment is due, or to ...
Parent's Policy One of the most common options for teen drivers is to get auto insurance through a parent's existing policy. Adding a teen driver will cause a parent's premium to rise due to the hi...
Title You must give the buyer the title to the vehicle. This document varies by state, but generally includes the Vehicle Identification Number; the make, model and year of the vehicle; the name an...
Step 1 - Contact your local Department of Transportation office for a detailed list of required equipment and documentation. Do not skip this important step. While every state that allows street-conve...
Benefits of Using a Cosigner Without a cosigner, your auto loan application might be declined. If approved, you might pay a high interest rate, shorter loan term or have to provide a large down pay...
Permission from Owner In the majority of states, auto insurance follows the vehicle and not the driver. Permission from the vehicle owner for someone else to drive the car is all that's necessary t...
Car Value Insurance companies will pay a vehicle claim based on the actual cash value of the vehicle or the replacement cost of the vehicle at the time of the loss. The actual cash value is what th...
Common Requirements No matter where you submit your auto loan application, expect to provide a valid Social Security or Tax Identification number on your credit application. You'll also need proof ...
