Archive for buying

6 Tips to Purchase Cars on Finance

Buying a car is altogether a different ball game today. From buying it on cash or buying it on finance, there are various options available. Nowadays, there are lot of options available in the market for finance for new as well as used cars. It is clearly an easier and affordable to buy a car on finance on monthly installments rather than on one-time investment. Therefore it is very important to find the best financing deal.

There are various types of cars on finance options like Hire purchase, personal contract plan and leasing plan. These types of plans helps the car buyer to pay in monthly installments with interest, hiring car for particular period of time, gradually settling it via lump sum payment to purchase it or returning it back.

Buying car on finance has various benefits. Given below are the top 6 benefits:

1.      Hire Purchase:

This form of buying is quick and easy to arrange. It is repaid in monthly installments in the term of 1 to 5 years, including the interest. These are usually arranged by the dealers. At the end of the set term you get the ownership of the vehicle. It has low deposit and usually less Interest rates, which is quite competitive leading to a better deal.

2.        Personal Contract Plan :

It is very similar to Hire Purchase which results into lower monthly payments. Herein the customer has to pay the difference amount between its current selling price and reselling price to the dealer, which is based on forecast of the mileage annually. This plan is for a shorter term of 1 to 3 years.  Here, at the end of the term you have an option of buying the car or returning it.

3.      Personal Contract Hire Buying:

It is a type of personal contract plan only. The only difference is in this plan you do not have an option of buying it, you have to hand it back compulsorily.

4.      Personal Leasing plan :

In this plan you never own the car, you just lease it. Here you pay a monthly lease with maintenance and servicing included. At the end of the term you hand the car back to the dealer. This plan is for a shorter term of 1 to 3 years.

5.      Leasing for Business :

It is generally used for business purposes. Companies can either buy the car or finance lease for business use. Here they pay lease regularly and at the end pay lump sum to buy it. They can also avail the equity benefit by selling the vehicle at the end of the term or agreement.

6.      Residential Value Lease :

Here you pay an agreed amount month on month basis and gradually pay a lump sum amount at the end of the agreement.

Now when you have read the tips on buying, you can certainly get the best deal to finance your car.

Your Buying Guide to Bikes

There are different types of bikes available in the market, and this makes the choosing process a hard one. When selecting a bike, there is a lot more to look out for than size. You need to ensure that you are buying the right kind of bike for your cycling activity. Are you cycling for fitness, fun or professionally? These are all questions that will help you get the right bike for your needs. Your terrain also matters. The bike you would ideally use on the street may not be suitable off-road, and this is why you will find that there are various types available in the market. Read More…

A Perfect Gift for Father

As you age you tend to see things in a different light. Gift giving over the Holidays was never my thing, nor was giving on birthdays. I was glad to be on the receiving end but seldom gave anyone else gifts. Part of the reason for me not giving was for financial reasons but there was also a level of maturity that I had not yet reached. My father just recently turned 60 and he and I have developed a bond over riding. He rides a Honda Shadow and I ride a Honda 919.

Although our bikes are on different ends of the riding spectrum, we still have that bond and I know riding has brought us closer together. For his 60th birthday I wanted to do something special, I wanted to buy him something that I know he would definitely enjoy, a pair of motorcycle saddlebags.

I already knew where I was purchasing his saddlebags, from Viking Bags, I just didn’t know which style would best fit his Shadow Ace. I have purchased things from Viking Bags and I have never been let down, their selection is limited for the sport bike crowd but their quality classic bike gear is anything but.

Although I am not new to riding, nor new to saddlebags, I knew enough to know that fit is always an issue that concerns anyone buying saddlebags for obvious reasons. I have seen saddlebags installed so poorly that they look unsightly and make the rider uncomfortable as well, I didn’t want this to happen to me. I have even seen saddlebags installed backwards! I have also seen saddlebags that really didn’t fit the look of the bike and just looked out of place. If I was going to do one thing, it was be thorough in my selection process.

The selection process started by looking at the Viking Bags website. I used the drop down menu on the left and selected Honda Saddlebags. After clicking there it brought me to the Honda Motorcycle Saddlebag Page. From there was able to see which models Viking Bags has saddlebags for. This can be a blessing and a curse though, if you don’t know which model you’re looking for you can easily become overwhelmed by the amount of models available. I’m assuming it will probably be easier to stay with the left hand menu and navigate that way. I clicked on the 1100 Shadow section so it can only show me the Shadow models with the 1100 cc engines and further narrow my selection.  The next page gave me a listing of all of the saddlebags that Viking Bags has to offer.

If there is one thing I know about my father, it is that I know he’s not a flashy guy. He likes to keep things simple and effective and stays away from the flashy clothes, and accessories. Knowing his tastes, I wanted to look for a pair of saddlebags that would stay in theme with the rest of his clean bike, nothing too flashy. Since he doesn’t have anything studded on this bike up to this point, I wanted to keep that classic look by getting him a pair of saddlebags that were not studded. The last page I looked at was their saddlebags page where I was able to see which all the saddlebags available for my father’s Shadow. I picked the Charger series saddlebags because those have two simple buckles not minimal flash. They were under $200 for the pair with tax and shipping combined so I was happy and so was my father.

The opening of the present was quite a sight. My father had no idea that I was getting him some saddlebags so he was really shocked when he opened his present and saw them there. You should have seen him, he jumped for joy and ran over and gave me a bear hug, one that only a father could. We haven’t had the chance to install them yet but I’m sure that will be yet another bonding experience over the weekend. If there’s one thing that I know we can bond over it’s a passion for motorcycles.

 

5 Additional Purchases that Must be Considered When Buying a New Car

Buying a new vehicle is something can be extremely exciting, but it is easy to get carried away with this large purchase. You may think that you can afford a nice, and more expensive, car, but in most cases you will not have considered everything else that you will need to purchase when getting a car. Here is a quick look at 5 additional purchases that you will need to consider when getting a new vehicle

 

Insurance

It is a known fact that you will need insurance if you want to drive your vehicle, but many people don’t know that different cars will often come with different insurance rates. For example, if you decide to purchase a mini-van for your family, you more than likely will get a much lower insurance rate than if you were to buy a flashy sports car.

Maintenance

Everyone knows that they will eventually need to get maintenance for their vehicle, but few consider the different maintenance costs that are associated with varying vehicles. Some cars that are extremely popular and that are made by a known company will often require little maintenance and it will be easy to find a repair shop. Rarer and more expensive vehicles might not always come with good warranties and repairs will more than likely be pretty expensive because of the complicated systems that these vehicles use.

Fuel

When you are purchasing a vehicle, you are also purchasing all of the fuel that this car will consume for years to come. This has pushed many people to purchase hybrid or electric vehicles, but these people often do not take into consideration the cost of electricity that is required for these cars. While electricity is cheaper than gas, it is still an expense that needs to be taken into consideration.

Garage

Leaving your car out in the open can cause the paint and outer structure to get damaged. This means that you more than likely will need to purchase a garage for your home in order to properly protect your new car. Cheap garages can be purchased that are separated from your home, but that still provide the protection that you want and need.

Resell Value

While this is not technically a purchase that you are going to need to make, it is something that needs to be taken into consideration when purchasing a vehicle. You can save money by purchasing a cheap vehicle, but when you need to sell the car later on you more than likely will get a much lower price than if you got a car that comes from a reputable manufacturer and that is a trusted model.

Babies and Cars: 5 Tips for Choosing Your First Family Ride

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Babies and Cars: 5 Tips for Choosing Your First Family Ride

In every new parent’s life, the inevitable day arrives when you have to (gasp!) trade in your two-door sport coupe for the dreaded four-door, family-friendly, haul-all-the-kids-and-baby gear minivan. Or do you? For all of the car-conscious individuals who happen to become parents, it doesn’t mean you have to give up your ride completely.
 
After a few test drives, you really can have style, comfort, desirable features and space for everything baby related (how is it that such a tiny creature comes with so much stuff?) all in one vehicle. Here are some tips on finding that all-encompassing family ride.

1) Safety First – Of course you need room for all your stuff, but with a new baby on board, safety becomes a big priority as well. Most family-friendly vehicles – SUVs, too, not just minivans – come with additional safety features such as seatbelts that are specifically made for car seats and side panel airbags that can protect children in an accident.

2) Keep it Clean – In today’s age of convenience, anything remotely related to babies and kids can be washable; a washable infant play yard, washable crayons, and even washable furniture, just to name a few. With that said,  when selecting the upholstery in your new family-friendly ride, remember one thing: your car will be messy, but it can also be easily cleaned. Maybe you had pristine leather seats in the past, but now you have to think about baby messes and spills, and how to clean that up quickly and easily. Ask the car dealer about applying a stain-resistant treatment to all the seats. It may be an extra cost up front, but it will save you time, energy and frustration in the long run.

3) Four Doors are Essential – Keep in mind that you need easy access to transport your little ones in and out of the car multiple times a day. This is very handy when you are a busy mom on the go with your baby in tow. You don’t want to struggle with a two-door vehicle, fighting to keep the door open while unlatching the five-point harness system of the baby’s safety seat. A four-door vehicle is essential at this point in your life. Again, many SUVs still look sporty while giving you easy access to your children and equipment.

4) Features and Amenities – Choose features that you just can’t live without. If you have always had a sunroof in your pre-baby cars, then by all means, have a sunroof in your family car, too. If you need a great sound system and satellite radio, don’t skimp. Just because you are carting around a bunch of kids, two dogs and lots of baby gear doesn’t mean you can’t enjoy a little music and a nice breeze through the roof.

5) Ample Passenger and Storage Space – You’re not just bringing home groceries now, so it is imperative that you have plenty of room for passengers as well as baby gear, especially if you are going out of town. Many SUVs have seating for up to eight passengers with seats that fold down partially or completely to open up a larger back section of the vehicle.

This is especially useful for bringing home cribs, and changing tables, as well as transporting your portable play yard and baby stroller to Grandma’s house for the weekend. Some baby-friendly vehicles also have space in the back for a diaper bag, compartments for extra clothes and supplies, and a hatchback for easy access to all that stuff. Having a baby changes everything – even your ride. Rest assured that you can still have all the safety and convenience you need with some sense of comfort and style as well. Choose wisely. Before you know it, your kids could be driving you around in that very same vehicle.
 
Jamica Bell is a freelance writer and proud mother of seven. As she recalled the many vehicular transitions she has had to make to accommodate her growing family, the inspiration of this article was born. Her priority for convenience and easy to clean features has been paramount in her decisions as a mom. From her choice to purchase a washable infant play yard to the first time she bought stain resistant treatment for the upholstery in her car, practicality has always been a key factor for her family.

Rites of Adulthood: Buying a Car

In life, there are passages of adulthood that everyone observes – certain rites, if you will. Among them that can be commonly counted include one’s first kiss, graduation from education, or even moving out from your parents’ house to your own. And though we may not have to hunt a lion as the Maasai choose to, a definitive adult moment that most of us agree upon is the complicated process of buying your own car.

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Does Your Car Insurance Cover it All?

A flyover, a red car, and a plane

Many of us fail to read the small print or dozens of pages laying out what your car insurance will and will not cover. This leaves many of us with a false sense of safety that when something happens to our cars, we will be taken care of. But what exactly will your insurance cover? Or better yet, what won’t it cover? Here are some situations where you may not be able to depend on your car insurance:

1.The Big Pay Off

And if it gets stolen, taken for a joy ride, and crashed by the thieves, we would like to believe we are covered. This may not always be true. If you don’t have gap coverage, you may be buying your new car yourself. And if it is your fault it was stolen, like leaving your keys in it, don’t expect your insurance company to pay you off.

2.You’re a Bad Driver

If your year yielded more accidents than you ever had, you may want to be very careful, if you are found to be at fault, you can expect your car insurance company to cut you off. Tallying more than 4 accidents makes you a bad driver and the 5th accident may be the straw that breaks your insurance’s back.

3.You Were Drunk

If you were involved in an accident and convicted DUI, expect your insurance company to drop you. Many insurance companies have a 0 tolerance policy for those driving while under the influence, as they should. It is not only a danger for you, it is a danger for everyone on the road.

4.You Forgot to Pay

Either you can pay month to month or take advantage of their discounts and pay your entire policy upfront. Either way, you never want to forget to pay. Driving with lapsed insurance won’t cover any accidents that occur while uninsured. Be sure your insurance company has your updated contact information and keep track of when your policy ends.

5.Moving Violations

It’s unusual to find people that have received at least one speeding ticket in their lifetime. If, however, you have a lead foot and lack the good sense to avoid speed traps, your insurance company may drop you. Once you’re dropped, you’ll be paying a pretty penny for someone else to pick you up. While you don’t have to worry about being dropped for a single speeding ticket, earning more than three in a year may see your rates increased. Even more and you may be completely dropped from your carrier.

6.No License

If your license does get suspended, even after you have gotten coverage, don’t get in an accident. Not only will the police fine you, but your insurance company won’t pay for repairs if you were not allowed behind the wheel. Many people who get caught are the ones who think they won’t. If your license is suspended, just don’t drive. Contact the courts to find out what you need to do in order to get it back.

7.Dragging Your Feet

If you wait too long, your insurance company may deny your claim. If you are injured, have someone contact your insurance company for you. Your insurance agent can help you get through the accident and explain the step by step process. However, your insurance company won’t pay out every claim. The best thing that you can do is to practice safe driving and find out what your insurance really covers.

Karen Smith is a blogger just check this site  debt settlement pros and cons  to get more information.

 

 

 

Five Interesting Things You Didn’t Know About Buying A Used Car

 

Buying a brand new car is many peoples’ ideal, but that’s probably not your best option if you’re on a tight budget. Many folks prefer to buy pre-owned because it’s less expensive, allows them to acquire rare and discontinued models, or so they can save up for other expenses. If you’re new to buying used cars, there are some little-known things that you might want to know before you set out hunting for your wheels.

1) They’re all unique

New cars of the same make and model are virtually all the exact same. They all have zero mileage, can be ordered in your choice of color, and feature identical options. That’s simply not the case with used cars. Two used cars of the same make and model can be completely

different in terms of mileage, external damage, internal damage, replaced parts, and features. Keep all of that in mind, and use a car’s individuality to your benefit when haggling. Make sure to point out all of a car’s faults when negotiating a price.

2) Never spend more than your budget

Most people come to a used car dealership with a car in mind and how much they’re willing to pay for it. Don’t let a salesman persuade you to hand over more cash than you feel comfortable giving up. Overspending on a pre-owned vehicle is always seen as a no-no because you don’t know the exact condition of the car. If you’re unlucky, you could end up paying far more in repair costs just weeks or months later. For reliable used cars that fall within any budget, you could visit dealership websites such as www.dallasdodgedealership.com to browse through a wide selection of available domestic and import models.

3) Know your stuff

There are hundreds of automakers out there and thousands of models to choose from. If you

don’t know much about cars, you could easily get suckered into overpaying for something that’s complete garbage. Always do plenty of research on the car you want before heading to a dealer if you don’t want to be deceived.

4) Bring a friend

If you aren’t very knowledgeable about cars, it’s probably wise to bring along a friend who is. An auto mechanic or mechanical engineer could really be of use when you’re checking out the condition of the car. Having an expert at your side can also keep you from making a huge, irreversible, amateur mistake.

5) Emotions affect your decision-making

There will always be emotions involved with buying a used car, but you should never let them dictate your actions. Always think logically when trying to make a decision because salesmen will use your emotions against you. Don’t let your fear of passing up a “once-in-a-lifetime” offer

cause you to jump out of a plane without a parachute so to speak. This is also where a friend can come in handy as they may help you spot when you’re being illogical.

Buying a used car is a process that takes time, research, money, and a bit of luck. You might be able to track down your dream ride and get a great deal, but don’t count on it. If you’re not an experienced haggler, the info above should come in handy when you’re face-to-face with a determined salesman.

 

Need a New Car? Six Tips to Finding the Car For You

While buying a new car can be an exciting experience, it can be quite confusing as well. There are many things you need to consider before buying a new vehicle including price, make and model. However, if you are unsure as to where to begin, the following six tips can help you find the car that is right for you.

Examine Your Needs

The first thing you will want to consider before shopping for a new car is what you need in a vehicle. For example, how many people do you need the car to accommodate? Do you need a large cargo department? Will you be driving long distances? Will you be towing other vehicles? When you ask yourself questions such as these, you can better determine what type of car will suit you.

Determine a Budget

One of the most important things you will need to determine before looking for a new vehicle is how much money you can afford to spend on one. Take some time to examine your monthly bills and determine a workable price range that will fit comfortably into your budget. When computing a budget, do not forget such things as car insurance, taxes, tags, fuel and maintenance.

Research Your Options

In days of the past, if you wanted to buy a new car, you had to physically go from one dealership to the next. This often added up to a lot of wasted time and money. Today, if you have a computer and an Internet connection, you can simply go online and search for a car while you are at home. Most car dealerships have websites that make shopping for vehicles much easier.

Obtain Financing

There are several options for financing a new car; however, the most common include credit unions, banks and on-the-lot. There are pros and cons of each and as such, it is best to research each option before settling on a car. When looking for financing, be sure to take note of interest rates, length of loans and down payment required (if you do not have a trade-in.)

Inspect the Vehicle

After you have completed the above steps and found a vehicle you may like to purchase, it is imperative that you inspect it before signing any paperwork. This includes examining the engine, body, and tires, and taking it for a test drive. If you do not know much about engines, take a mechanic with you. If you cannot take a mechanic with you, most dealerships will allow you to visit one before purchasing.

Read Paperwork Carefully

Finally, never purchase a new car without carefully reading all paperwork associated with the interaction. When reading the affidavit forms make sure you understand what exactly is being said. This will avoid any misunderstandings in the future and will make the process run smoother. When you follow these six useful tips, you are sure to find the car of your dreams.

Looking For A New Car? 4 Tips To Help You Find The Right One For You

In too many cases, people decide on a car because of its trendy design or aesthetic qualities that are pleasing to the eye. However, buying a new car is a large investment that needs to be taken more seriously to find a car that will not exceed your budget or leave you unsatisfied in the long-term. If you are in the market for buying a new car, read on to find four helpful hints for how to find the right one to suit all of your transportation needs for years to come.

Looking For A New Car- 4 Tips To Help You Find The Right One For You

1. Assess Your Car Needs

Instead of focusing on your wants and wishes, it is important to determine everything that you will need the car to possess to be the right vehicle for you. For instance, take a while to think about how you will be using the car, such as for driving on the freeway, on city streets, or off road in the backcountry. Ask yourself if you need a manual transmission, all-wheel drive, large cargo capacity, adjustable seating features, or the latest GMC accessories in Kansas City.

 

2. Establish a Clear Budget

Unless you have a large sum of cash lying around, you are going to need a loan from a bank or lender to afford the car. Before falling in love with the charms of a certain car, it is important to establish a budget on what a comfortable monthly payment would be. It is wise to never get trapped in a monthly car payment that is more than 20 percent of your take-home income each month.

 

3. Decide Between Buying or Leasing

When deciding how to finance your new purchase, it is essential to weigh the pros and cons of buying or leasing for your individual situation. For instance, leasing comes with the benefit of requiring little money down and low monthly payments, but you will need to find a new car soon when the lease ends. On the other hand, buying is more expensive upfront with higher payments, but the car will be yours until it stops working.

 

4. Check Dealer Inventories Online

With the power of the Internet, you can more quickly and easily cover more ground by checking dealer inventories online. It is like bringing the car dealership to your own sofa. Once you have an idea in your mind about the car you want, search through dealership inventories across the Internet and compare selling prices. After you find some options, schedule a test drive for behind the wheel experience to make your decision a little easier.

 

If the choice for your new car is not clear immediately, sleep on it or test drive some more cars. While choosing the right car is important, there is more than one perfect solution out there for your driving needs; you just need to find it. Happy shopping!