Archive for July, 2010
Used Car Finance
July 25th, 2010
Question: Will a bank allow me to finance a used car from an individual seller?
I want to buy a used car from this guy, but he's not at a dealership or anything. If I get approved for a loan from a bank, will they give me a check that I can give to him for the balance of the car that I want to pay off?
Answer: Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carinsurance.deep-ice.com
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July 25th, 2010
Question: If my Car Finance Company loses my loan documents do I still have to pay for the car?
If a buy here pay here lot loses my loan documents do I still have to pay for the car?
Answer: Of course you do.
It's not your car. It's not like you can just keep someone else's property for free.
What's really sad, is that you even had to ask this.
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