Posts tagged ‘first time car buyers’

Kia Car at a Price You Can Afford

Written by Kathy
Categories: Business
Tags: first time car buyers, kia dealers, kia vehicles, new car purchase

With gasoline prices pushing $4 per gallon in some areas many new car buyers are looking to maximize their fuel savings by choosing the most economical vehicle they can find.

Fuel Efficiency

The Korean car company Kia is producing some of the most fuel efficient vehicles on the market today and offering great financing options to make them even more attractive to buyers. New Kia vehicles come in a wide variety of vehicle types from family cars to sport utility vehicles to mini vans. Kia vehicles also have some of the highest safety ratings in the industry, so in addition to fuel economy you get an outstanding safety record to go with it.

Financing Options

Kia dealers are offering some of the best financing options ever seen. They are specializing in offering first time car buyers great deals on fantastic vehicles.

As with any new car purchase the first step for the buyer is to check their own credit report for errors. Just a few points on your credit score can make a world of difference when it comes to the financing rate you will be expected to pay. If you find any errors on your credit report get these fixed right away and do everything you can to make your credit report as perfect as possible.

How Much Can You Afford

This could save you hundreds of dollars in interest over the course of your automobile loan. Once you have your credit score in order, then you need to decided just how much of a new Kia you can afford. You need to consider all costs associated with owning a new vehicle like your monthly payment, of course, but also your fuel costs and maintenance costs. How much is it truly going to cost you to keep your new Kia on the road and how much can you afford to pay for this privilege every month? You need to have this information before you can decide what sort of new Kia to buy.

Although interest rates are at an all time low Kia is trying to make buying a new vehicle even more attractive for new buyers. Every month the company offers new rebates and incentives for new car buyers. Plus, your local Kia dealership is likely o have its own sales and rebates to offer new car buyers.

Finding the new Kia that you need at a price you can afford is more likely now than it ever has been before. All you need to do is decided which new Kia you want to buy.

Student Automobile Financing

Written by Kathy
Categories: Special Auto Financing
Tags: car payment, first car, first time car buyers, student auto loan

As with all new inventions, when cars first hit the market they were a luxury item, but quickly became a necessity. Youngsters these days can’t wait til they are old enough to drive. But, not too many parents are willing or able to buy their child a car of their own! That leaves the parents in the undesirable situation of driving their kids where ever they need to go. As kids get older thoughts of buying a car themselves starts entering their minds.

A Student and His First Car Loan

If you are a student in this situation you are probably wondering how you can get the money you need to buy a car. Even if you have a part-time job, it probably doesn’t pay enough for a large monthly car payment. You also haven’t had time to establish a credit history. Your parents may be able to help by co-signing a loan for you. This makes it much easier for you to get your first loan. But, if your parents can’t help, you still have other options.

Special Student Loans

Fortunately, there are student auto loans available that offer reasonable payment options. Including the option to delay payments until after you get a job or even after you finish college. Arrange a meeting with the lender to see what you can work out. The process is fairly simple and doesn’t require a lot of paper work. You will need a down payment. The size of your down payment will determine the amount of money you need to borrow. You might be able to get an unsecured loan, but if your down payment is large enough you can use your car as collateral and get a secured loan. This will reduce the risk to the lender and lower your interest rate.

Lenders Want Your Future Business

As a potential future customer lenders want to help you establish good credit, good repaying habits and smart buying practices. After all, every one was a first time buyer once. Every one at some point had to establish a credit history. If lenders don’t help first time car buyers, they are dramatically reducing their own future business!