data and analysis
Will a dealership buyout my loan?
While the dealership is able to pay off your original car loan, you’re starting out your next auto loan in a negative equity position. The negative equity...
Category: Data And Analysis
data and analysis
Can a dealer charged more than advertised price?
The truth is car dealers cannot sell you a car above the advertised price. That’s illegal! In fact, many consumers agree to pay the increased price (well,...
data and analysis
How do I calculate debt payoff in Excel?
The answer is given by the formula: N = -log(1 – (Ai / P)) / log (1 + i) where: N = total number of repayment periods. A = amount borrowed. How do you cal...
data and analysis
What is a Tier 3 loan?
Tier III Loan Terms In general, Tier III represents an average credit score in the low to middle 600s, meaning relatively unfavorable terms for the borrow...
data and analysis
How many car dealerships are there in the US in 2019?
This midyear 2019 review features the many major milestones achieved by the retail auto industry during the first six months of 2019, including such highl...
data and analysis
Can someone else take over car finance?
Car loans are the easiest loan to transfer to another person. If the new borrower qualifies for the original loan, then the lender can agree to transfer t...
data and analysis
How do rebates work when buying a car?
A rebate is a set amount of money taken off the price of a vehicle at the time of purchase as a way of motivating the consumer to buy a particular model w...
data and analysis
What jobs can you get at 15 UK?
At the age of 15, teenagers can graduate from light duties to more challenging tasks, so many teens get their first jobs at this age….What sort of work ca...
data and analysis
Can I get 2 car loans at once?
You can have two car loans at one time, but it may be more difficult to qualify for a second loan. Lenders only approve you if your income and debt can ha...
data and analysis
Do I need collision and comprehensive?
Third Party Liability and Accident Benefit coverage are both mandatory insurance coverages for driving in Alberta. Collision and Comprehensive coverages a...
data and analysis
How much is the penalty for late registration of vehicle in Louisiana?
The original registration fee is $34. If you pay the vehicle registration fees within one year from the date of expiry, you are subjected to a penalty of ...
data and analysis
How can I get out of a used car purchase?
The only way you can cancel the contract is if the seller has a policy that says you may. Even if the seller agrees to cancel the contract, it may keep an...
data and analysis
Can I be sued for defaulting on a car loan?
If you are sued, don’t ignore it. A default judgment could be entered against you for the balance of your car loan, which in turn could lead actions such ...