Tuesday, June 12, 2007

Before applying for an auto loan

You are thinking about applying for an auto loan? Read this
article first and you will avoid a lot of trouble on the
backend. There are several things to concern about before
applying for a car loan. Here are things to think about:

- the percentage of your annual interest - your monthly interest
rates - the cost for car insurance - the cost for fuel - repair
costs - maintainance costs

You see there are a lot of costs a car can solve. It is not only
the monthly rates for your car loan that you need to pay but
also lots of other things that you might not have thought about.
Make sure you can actually afford the amount of loan you are
planning to get. Nothing is worse then loosing your car just
because you couldn't pay one monthly loan rate.

Be aware of repair costs that suddenly appear, especially at
times when you don't need them at all. Have enough money on the
backend to cover these unexpected costs, otherwise you have the
threat to run into dept.

A new car is probably the best thing you can get, you can count
on it because it is reliable. If you are planning to get a used
car you want to make sure that it had no accidents before and is
actually worth the money.

Maybe you want to read several more articles about cars and car
loans. It can only help you to make a better decision and avoid
costly mistakes. At autoloancalculatorinfo.com you can read
several articles about cars and auto loans as well as watch race
videos or pictures of fast cars.

About the author:
Guido Nussbaum, Admin of
car loan a
website about auto loan and cars in general. You are allowed to
reprint this article including this author box.

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2007 auto show 2007 Cadillac Escalade

2007 auto show  2007 Cadillac Escalade
courtesy of Cadillac