Bank Car Financing vs. Car Dealership

February 13th, 2010 No Comments   Posted in Car Dealership

Is there any reason for someone to get a bank car loan rather than dealing directly and completely with the car dealership? While you may think you are getting the best deal through the car dealership that you could it bears checking on other types of loans outside of the dealership before you sign on the dotted line. In other words there are reasons why you may find a bank car loan is a better deal than the dealership is willing to offer. You may think this can’t be true as they will both be looking at the same data, but truthfully there are many reasons not to go through a car dealership.

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Paulson Say No Bailout For Autocompany, And Government Will Not Buy Troubled Bank Loans. Why Not?

December 15th, 2009 23 Comments   Posted in Auto News Articles

http://news.yahoo.com/s/ap/20081112/ap_on_go_ca_st_pe/auto_bailout

http://news.yahoo.com/s/ap/20081112/ap_on_bi_ge/financial_meltdown

Paulson does not want economy to improve? he does not to make it easy for ordinary citizen to pay bills? He should resign at once!

If I Get A General Loanfrom Fifth Third Bank, Do I Have To Have Full Coverage Auto Insurance?

November 3rd, 2009 4 Comments   Posted in Auto Insurance

I’m looking to buy a 1998 Grand Prix GT for $2700 and looking to take out a loan to do it. I’m not getting an auto loan, but instead a general loan. I was wondering if anyone knows if I’ll need to have full coverage insurance on the car while I’m repaying the loan? Thanks.

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Am I Better Off Paying All Cash For A Bmw Or Financing Half Of It With A Bank Loan Or Dealer Loan?

August 30th, 2009 4 Comments   Posted in BMW

what is the best option?. this is my situation. i enough cash to pay for the sale price butt i want to get a warranty that i dont have cash for.. so should i just finance half of it and pay 50 percent downpayment? should i get a bank loan or a dealer loan? its a 07 bmw 3 series and how can i talk down the price like 3 thousand dollars?

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What Is Bank Acquisition Fees In A Bmw Lease?

August 6th, 2009 3 Comments   Posted in BMW

I’m about to lease a bmw, and they mentioned bank acquisition fees as being part of the initial payment. Is this different from the dealer acquisition fee? if not, isn’t it supposed to be part of the Capitalized Cost of the vehicle.

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Why Auto Bailout More Resisted Than Bank Rescue? Fox News?

July 3rd, 2009 6 Comments   Posted in Auto News Articles

Because the U.S. automakers don’t have more cash coming in than going out. Business rule No. 1 is make money.
According to Argus analyst Kevin Tynan, GM had a net cash shortfall of $13.8 billion at the end of 2005, then another shortfall of $12.3 billion for 2006 and then again $12.1 billion for 2007. Tynan expects it to burn through $1 billion of cash per month.
The automakers keep screaming, Why did the banks get bailouts and not why not us? Simply put: You don’t make money. The chance of getting the loans paid back is slim.

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Can A Dealer Force You To Buy Gap Insurance, Auto Theft Insurance In New York, Saying It Is Bank Requirement?

June 21st, 2009 5 Comments   Posted in New York Auto Dealers

This is a bad credit situatio. Drive Financial is the bank. They say teh bank will acccept you only if you get all these extra coverages. Is this legal?

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