Ask the Experts: Can a dealer renege on a sale?
The dealer wants the car back. Is it legal? It’s a fairly common situation. You buy a car from a dealer who arranges a loan, you sign the papers, possibly make a down payment and/or trade an old vehicle, and you drive away — thinking the deal is done. Not quite....Ask the Experts: Can I afford this car? What car can I afford?
How much car can I afford to buy? Okay, so probably a whole car. Based on my monthly income, can I afford the car I want? This is a common question but doesn’t have a set answer. The answer depends on the following factors, assuming you will use an auto loan to...Ask the Experts: Can I even get a car loan?
Will I be able to get approved for a car loan? This question typically comes up if the potential car buyer 1) has never had an auto loan before and doesn’t know how the process works, or 2) has credit or income issues that might prevent them from being approved....Ask the Experts: Trading Car With Bad Credit – Explained
Can I trade my car if I have bad credit? It’s like the answer to a lot of other questions, it depends. It depends on how bad your credit is, what dealer you want to use, where you’ll look for financing, and the status of the existing loan on your trade...Used Car Prices – Pricing and Negotiating
Buyers and sellers of used car often wonder how the price of used cars is determined. How is the value of a used car set? Who sets it?