My Autos

Using Hydroxy HHO Gas To Improve Fuel Economy
Water gas technology is becoming a hot hot and hot topic these days and why not with the fuel prices reaching the roof and all It seems that everyone is saying that this is the solution to our fuel dependency problems

First Time buyers, bad credit auto loans, bad credit car loans,no credit car laons
How to get approved when you have no credit.

They teach a lot of things in schools but one thing they don t teach is how to get a loan when you don t have any credit. So picture this you 18 years old you just graduated from high school and you need to get a car so you get to collage and your job what do you do. Well you might think do I get a cosigner? Do I buy car cash? Do I go to every dealer in town to try to get a car loan?
Well you if you have a cosigner then go ahead and use them, but if you don t what do you do? You need to go and pay cash or hope you don t get declined by every car dealer in town. You can do this be smart about starting you credit and make a plan before you run out their and make a mistake and get a car you can t afford on a interest rate that is to high and end up not be able to pay for it.
If you want the best chance of getting approved you what to make sure you have got a job and have been on that job for at least 1 year. If you have been on your job for less than 1 year you are going to need a previous form of employment and preferable in the same field.
Once you have figured out that a job is important to getting loans prepare yourself to prove your income. We you get ready to prove your income you need to have a computerized pay stub and maybe even a W-2 form from your previous one to two years income if you have been on your job that long. If you don t have a computerized pay stub then you need to get copies of you cancelled checks from payroll and or letter from your employer stating your start date on your job, position, and pay rate.
Once you got the proof of income taken care of you need to make sure you have some money down. The more money that you have down the better chance you have of getting approved for a loan and also the lower payment you will have. When a bank lends to a first time buyer or a consumer with no credit they like to see some sort of investment on the consumer behalf. The banks feel that if a consumer is buying the car with no credit is willing to invest some of their hard earned money in the car that they apply for a loan for then they will be more like to pay for that car.
Once you have got the down payment taken care of then you need to be reasonable about what type of car you are going to buy. This means a car around ten thousand dollars. Make sure the payment is around 15% percent of you gross monthly income. You may be able to get a little bit more expensive new vehicle through a first time buyer program with manufacture. One manufacturer that has a first time buyer program is Ford. If you need a reputable company to put you in touch with a dealer that can get you approved on a first time buyer program check out http://www.shotcredit.com.
Best of luck getting your new or used vehicle hopefully you take you no credit to good credit instead of bad credit.

Paul Armstrong is finance professional with 10 plus years of experience in auto industry. During his time in the auto industry Paul has focused on helping customers with bad credit obtain auto loans when no one else was able to. Focusing on the sub prime auto market has been a 10 year pursuit to educate himself in the intricacies of how to get customers approved with recent bankruptcies, prior auto repossessions and overall horrible credit.

Buy a used engine not a new car
Today people everyday are purchasing either a new or used car to replace an older one that may have had previous problems with the engine Buying a used engine is a great alternative to getting into a new car note but it can be risky business if you don’t know what to look for One of the things that makes it so risky is the fact that there is no legal requirement to maintain the engine to any standard or to keep any kind of accurate log

Car insurance rates predicted
Car insurance rates can be evaluated before hand by the following factors touched in this article

The way to decide on a car loan
Choose the wrong auto loan and you might drastically increase the chances of defaulting and losing your car Find out step-by-step how to avoid a money pit

Getting to Know the 2007 Hybrid Car Line Up
One of the newest in the batch 2007 hybrid car line up is the 2007 Toyota Camry Hybrid the third in Toyota’s Hybrid vehicles The Camry hybrid boasts of a performance of a top notch six-cylinder engine with the fuel economy of a four-cylinder engine

A Brief History of BMW Motor Cars
BMW have a fascinating history having survived two world wars and the great depression This article charts their history from their humble beginnings in a bicycle factory

18 Simple Ways To Save Money On Your Car
The upkeep of your vehicle can be quite an expense from initial purchase to insurance to maintenance And sometimes we get the sinking feeling that every time we need a car repair we’re going to get taken for a ride pardon the pun Actually there are some ways to make sure you don’t get a raw deal when dealing with a local body shop

Common mistakes people make when buying a car at a dealership
No one ever said buying a car is easy. However, it doesn’t have to be hard if you do a little homework first. There is tons of information about how to buy a car from a dealership, but here we thought we’d try a different tactic. Here we will show you some of the common mistakes people make at dealerships and how to avoid them.

Common mistakes

We may not cover them all, but here are some of the most common mistakes that will probably cost you money.

Falling in love

Lets face it, emotion has no place in any business transaction. Unfortunately car shopping and purchasing can easily be guided by emotions.

I’m not singling women out, because I am one, but the fact remains we tend to be the more emotionally driven gender. I must confess that emotion played a huge part in my last vehicle purchase.

Needless to say that now, as I tear up every time I have to fill my gas tank, I wish I had purchased with my head instead of my heart.

Keep your emotions in check. Be sure to react to fact rather than feeling. It is important to love what you drive. Like with people, superficial feelings don’t last but that uncomfortable drivers seat, or the squeaky sound under the hood will.

Not planning ahead

This is self explanatory. Research is king folks, the more you do the more you know, and knowledge is power. Car salesmen pressure will be easier to resist if you know your product.

Not taking a drive

Truly the most important part of the process is a test drive. Anyone who skips this vital step should not have the luxury of complaining when the vehicle they purchase doesn’t suit them.

Focusing on monthly payments

One of the oldest gimmicks in any sales mans repertoire is selling the package (full of stuff you don’t need) by breaking it down into monthly payments. It seems like they are being helpful when they ask you how much you can afford a month, however this is all part of their selling process.

Frankly waiting until you hit a dealership to consider your financing options is like showing up for a midterm unprepared. Have a ceiling price in your head, and make sure you have a calculated feel for the associated monthly payments.

If you can, apply for bank funding before you begin to shop. This will not only get you the best interest rate, but will also allow you to shop independent of dealership finance departments.

Good and bad options

No car dealership purchase would be complete without the salesmen pushing extras and options. Some of which are worth it, some not. Things such as rustproofing, stain resistant treatments for fabrics, and paint clear coats are all extras that carry a hefty price tag and no real economical value.

Safety features are a different story and clearly worth the money. Options like side airbags, anti-lock brake system (ABS), and electronic stability control (ESC) could potentially be worth all the money in the world.

Use your salesman

The person trying to sell you a car doesn’t have to be your enemy, keeping your emotions out of the equation will help to ensure a smoother purchase. Your salesman is a wealth of information about the brand, the model, not to mention the options that you do want.

Ask questions, gather information from all possible sources. Chances are the salesman has driven every car on the lot multiple times. Ask their opinion, ask why, knowing what you want will help you zero in on important information that could influence your purchase.

<b>About the Author:</b> My name is Paige Filler and I'm a creative writer with a love of all things that go vroom. I do my homework to bring thought and innovation into everything I write about the auto industry. You can find more of my stuff at <a href="http://www.cash4usedcars.com/" target="blank">Cash4UsedCars.com</a>, and <a href="http://blog.cash4usedcars.com/" target="blank"> our blog.</a>