Remove Automotive Remove Banking Remove Fair Market Value
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Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

Understanding Negative Equity Negative equity, also referred to as being “upside down” on your loan, occurs when the amount you owe on your vehicle exceeds its current fair market value. This often arises from: Rapid Depreciation: Vehicles typically lose value quickly, especially in the first few years of ownership.

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Top 10 Dependable Used Cars for Less Than $5,000: Find Your Perfect Ride on a Budget

Carcloud Auto Group

Looking for a reliable used car but don’t want to break the bank? So, if you’re ready to hit the road without breaking the bank, keep reading to discover the top 10 dependable used cars for less than $5,000. Additionally, check reviews and ratings from trusted automotive sources to gauge the experiences of other owners.

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Am I shopping for a car correctly?

Shawn Ryder

Look into your bank or credit union rates, as well as dealership financing. Local Market Pricing Investigate local market prices for the vehicles youre interested in: Use price comparison websites to track fair market value based on your location. Financing Options: Explore different financing options.

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Using a credit union and negotiating with the car dealer?

Shawn Ryder

The Advantages of Using a Credit Union for Financing Credit unions are member-owned financial institutions that typically offer lower loan rates than traditional banks. We will explore the benefits, key strategies, and provide invaluable tips to ensure you get the best deal possible.

Finance 52
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Step-by-Step Guide How to Negotiate a Car Price

Car Examer

Know the Market Value: Use online resources to determine the fair market value of the car you’re interested in. Knowing the car’s value helps you recognize a good deal when you see one. Check the manufacturer’s website or automotive sites to see if any current promotions apply to the vehicle you want.

Rebate 59
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Getting your store in order

Canadian Auto Dealer

Michael Lewicki, President of Lewicki Automotive Consulting Ltd., It happens enough that the banks won’t fund without it.” says selling a business is not rocket science, but there needs to be a solid plan in place. One just doesn’t wake up one morning and decide to sell,” says Lewicki. It’s always an issue to deal with.

Banking 52