Auto Finance

Why Big Lenders Might Be Getting Out Of The Auto Financing Business

Some major car lenders are entering 2017 with caution when it comes to subprime loans, especially the lowest subprime loans in the industry. In 2016, many saw the need to some degree of backing off making subprime loans. That might be detrimental to those who are in the market for a used car.

Because getting a subprime loan may be more difficult going forward, it might push a segment of the borrowing population into financing from pay-here dealerships, gaining share loans and other types of financing options, which often come with higher interest rates and bigger risks.

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Auto Buying TipsAutos Guide

Retaining the Resale Value of your Vehicle

You may have heard that new cars lose value as soon as your drive them off the lot. This is entirely true, and cars will continue to lose value over time and with regular use. You may need to use your car’s trade-in value later as part of a down payment on your next vehicle, or you may have other plans for your car’s equity. There are several steps that you can take to retain more value in your vehicle over the years.

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Autos Guide

Keep Your Car Running with the Right Preventative Maintenance

With your busy lifestyle, you obviously need reliable transportation. The last thing you need is to have a car that won’t start when you are trying to make an urgent appointment. One of the keys to avoiding these unwanted surprises is to utilize the services of places like Discount Muffler, Brake & Automotive when you need preventative care or auto repair Crystal Lake IL.

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