Posts tagged ‘new car purchase’

Kia Car at a Price You Can Afford

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.

Car Finance – Three Great Financing Options

When in the market for a new car purchase, there are more ways than one to finance this new car! Most of us can’t pay cash for the entire vehicle up-front. More than 80% of car buyers use some sort of financing options. With this method more people are able to get the new vehicle they need at a more manageable way of paying for it. The purchase price is broken down into manageable monthly payments. You have several financing options, each has its own pros and cons you must carefully consider before deciding on which is better for you.

0% Financing

Newly made popular by the automotive meltdown is 0% financing. This allows buyers to extend the life of the car loan without the normal interest rate that comes with a loan. Dealerships have this to be a great way to draw in customers. However, in order to qualify for this type of financing you have to have a nearly perfect score. Plus, you have less time to pay back the loan. Rather than having lower monthly payments and repaying the loan over a 5 year period, you might have high payments spread out over a 3 year period.

Cash Back

You might want to opt for a cash back incentive, instead. This option offers two choices. One offers a 0% APR and the other a cash back. Deciding which option is for you, you first need to figure out what dollar amount the interest amounts to over time. For example: a $10 000 loan at 5% will cost you about $500 in interest. If the cash back incentive is more than $500, take the cash back. If it is less, take the 0% financing.

No Money Down

Another option is the now famous

What You Need to get a Car Loan

If you plan to finance your next car purchase you are not alone: more than 90 percent of all new car buyers need some sort of financing to buy their new vehicle.

If you are planning to buy a new car and finance it there are a few things you will need to do to make the experience less painful and more satisfying in the long run.

First Decide on the Car You Want

First things first. If you need a car try to determine exactly which one you want. Be a savvy consumer and investigate the different models and brands on the market. Look for the qualities you want, like interior space, cargo room, price and mileage. You should also consider the service record of the model you are considering: have previous buyers been happy with their new vehicle or have there been a number of service issues? Consider everything carefully before deciding on which model you want, but make certain you narrow down your choice before you ever set foot on a dealership lot.

How Much Can You Afford

You should start looking at financing options. How much car can you afford and what sort of financing can you get for it? These are questions you need to ask yourself and find answers before the real shopping begins. If you let the dealership make all these decisions for you, you might end up with a vehicle you would rather not have. A new car purchase is a big decision and one you have to live with for several years. Do your homework and don

Best Times to Get a Car Loan

Believe it or not, when it comes to financing a new car purchase timing is everything.


There is a good time and a not so good time to seek a loan for a new automobile. Knowing when is the best time to seek a new loan can save hundreds, maybe thousands of dollars in interest.

During the recent global recession not many people were in the market for a new car, but for those who were (and if they had a great credit rating) there were a plethora of zero percent interest financing options available. There were also cash back options and rebates galore. Dealers, banks and manufacturers were offering just about anything to get folks to buy cars again. For those who took advantage of the deals there were great savings.

Less Popular Vehicles Can Get You a Better Deal

If you missed the buying deals of the Great Recession there are still plenty of good times to finance a new automobile. Look for models which are falling out favor with buyers. They don’t need to be models with defects or prone to repair problems. Look for vehicles that have simply fallen out of favor with buyers. When gas prices spike large vehicles, trucks, vans and SUVs are usually the first vehicles to lose sales. If you are in the market for a large vehicle wait until gas price spike again and then reap the benefits.

The Season

The season can also have an impact on vehicle sales and lead to buying discounts. Not many people are looking for a convertible in the middle of winter. Dealers will do just about anything to put you in a summer car in January, so look for the best deals on those cars when the days are short and there is snow on the ground.

End of a Model Year

The end of a model year is also a good time to find a great deal on a new car. Dealers are anxious to move the old vehicles off their lots to make room for the new vehicles. The best bargains on new vehicles can be found just before they are replaced by the forthcoming models. This usually happens in September or October, but could happen any time. So, ask around before you buy to see if there are any close out deals to be had.


Incentive time is a great time to buy a new car. Manufacturers offer incentives to move inventory off dealership lots. They offer these incentives to dealerships which may or may not pass them on to buyers. If you know they are out there you can ask for them and negotiate a better deal for yourself.

The End of the Month

The end of the month is also a good time to get a good deal on your new car or truck. Manufacturers incentives always end with the month and sales people know this. They would rather pass those savings on to you rather than lose a sale.

Be a savvy shopper, do your research and look for the best deals that are out there. Knowing when to shop is half the battle!