Know the major sections of a bill of sale. A bill of sale should include the seller's information, buyer's information, item description, warranty information, payment information, and signatures. ...
History Les Kelley, a dealership and shop owner in the first quarter of the 1900s, wanted fairly priced vehicles to plump his inventory. He created vehicle value lists to offer to banks and other d...
Automobile Insurance Claims In the event that an automotive accident occurs, you need to file an insurance claim. There are different categories of roadside insurance claims that include motor poli...
Take the car to a mechanic. Ask him to do a thorough inspection and tell you of any needed repairs that need to be made and of any work the car might need soon. Get a cost estimate from the mechanic, ...
Keep Shopping Each year, a month prior to the expiration of your current car insurance policy, you should look around to make sure you are getting the best deal. Some insurance companies offer a di...
Legal Requirements Perhaps the most compelling reason to have auto insurance is simply the fact that all states require at least basic liability coverage in order to legally drive. The amounts of r...
Business Purpose The IRS defines "business purpose" as having a use that is ordinary and necessary in your trade. You can have a business purpose even if you are self-employed and do not operate an...
Significance An automobile repossession is considered a negative credit event and likely will lower your credit score. Although you're volunteering to return the car, the dealership or creditor can...
Get Your Credit Score Getting a prime or low rate on a used vehicle loan will save you money throughout the life of the loan via lower monthly payments. Lenders will finance you if you have a low c...
Rates When applying for a car loan, your credit rating is taken into consideration. A lender will will look at your credit to determine the risk involved with offering a car loan to you. If you hav...
