Cars and Loans

heyyy.... welcome again with my blog... now i want to tell about Cars and Loans...
Maybe every people want to buy a new car, because use the car can accommodate many people, and protected from rain.So, if you want to buy car, you must know about depreciation, interest on loans,Insurance, Regristration Fee, License, and Taxes. And then many question to appear in your mind example , what level of quality do i want? ,what level of quality do I need?, what types of services and repairs does the dealer offer?, Should i wait until there is a sale on the type of car i want?, Should i buy a new or a used car? That's all is question to make you confused, and you will hard to answerb that question, everyone want to have a good quality cars and must need to services and repairs for make the car be comfortable in driving.

And if you want shopping for a new car ,You need to choose which car model and specific options you want, you must find out the invoice price and the true cost to the dealer of the model or options you want, and you must to adjust to your finance so that other needs fulfilled, and next you must to make your offer to as many dealers as possible, so the price is sufficient to your finance. Next compare final sales prices with other dealers and buying services and compare financing costs from various sources, if you done to the comparing you can to choose which you want to buy the cars and if you already have a car, find out it's value independent of the dealer's trade-in offer. Next try to sell your old car yourself and decide whether you need an optional service contract or credit insurance.

Last , if you want to calculate the total cost for a loan you must know how to use APR(Annual Percentage Rate) like a credit limit ,monthly payments,and total finance charge.And how to estimate the total cost of a loan? Amount of the loan*APR*number of years, and To estimate the amount of monthly payments: Total to be paid divided by number of months of the loan. And APR have 6 types of auto insurance , Coverage are liability(40-50% of premium), collision(up to 30% of premium), Comprehensive (about 12% of premium), Medical, Uninsured Motorist, Towing and Labor and Rental Reimbursement.

In the last paragraph I want to give a little conclusion, if you want to buy car or something with a great price you must know how to calculate or estimate the cars , and you must sure to believe in your own choice.

I think that’s all of my blog. Hopefully whats is read can be beneficial to you

Thanks ^^,