Hello out there. I received a great question from Ryan. He asked about purchasing a used car from a private party using financing. This scenario, while sometimes a little tricky is quite common. The biggest consideration is the situation of the current owner. Do they have a loan on the car? If so, that is where it gets a little messy. Here is why: (more…)
I received a great question from Dan today. Dan asked whether GAP insurance is a good idea. Before we get into the question at hand I will take this opportunity to explain what GAP insurance is. I have seen several acronyms for what GAP stands for, but it really is just that, insurance that bridges a gap. When you buy a new car the value of that vehicle is negatively impacted the moment the registration application is processed. It is often said that the vehicle loses value as soon as you drive it off the lot. While the sentiment is true, the reality is that the car becomes a used car the moment the car is titled. So technically that drop in value doesn’t occur instantly. But I digress. (more…)
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Buying a car has always been uncomfortable for me as a single woman. It always seemed like there was something that I didn't know. The Intelligent Auto Guide taught me the ins and outs so I couldn't be tricked.”
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I’ve always dreaded the car-buying experience. Intelligent Auto Guide made it easy for me to be prepared for buying my new vehicle.”
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I am always anxious when I am shopping for a new vehicle. The high pressure sales tactics make it a miserable experience. The Auto Guide helped me see through the curtain and turn the tables on the salesman.”
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