CarFAQs.net Car FAQs and Tips for Buying and Selling

Each year, the new Nissan cars are modeled at car shows everywhere throughout the United States and in Europe so that people can get a heads up on the new designs.

Thus, the answer to the question, “can I be arrested for default on a payday loan” lies in your own motives. If they are honest and you have not committed any sort of fraud in obtaining your payday loan, then you will not be arrested if you default.

There are a number of times during the year that it is good to buy a new car, but it really depends on the model. The first best time is at the end of the month. Dealers pay money when they have a car on their lot at the beginning of the month. The end [...]

Try to haggle with the dealer and pay just 5% or so above the price he paid. In general, the sticker price is 10% to 20% higher than the price the dealer paid for the car.

Negotiate and settle on an exact price for the car before you discuss financing. Sometimes dealers will give you a break on one aspect of a car purchase–say, a low-rate loan–but then increase up the price of the car to compensate. Beth Kobliner, Get a Financial Life (1996)

Be wary of financing options that require “no money down” or a very low down payment. A low down payment increases the size of the loan you will need and the amount of interest you will pay over the life of the loan. Beth Kobliner, Get a Financial Life (1996)

If you are interested in buying a new car, before you set foot in a dealership, check with a credit union and at least two banks. In some cities, the difference among bank rates can be more than four percentage points.

When you are looking to buy a new car, one of the best places to find information is on the internet. Consumer car sites reveal important details about a car, both positive and negative. Not only that, but it is always good to hear a qualified opinion on a car. Don’t let your dealer be [...]