Auto Finance

What you will need to know about financing a vehicle purchase

Young woman using auto-finance calculator
April 2, 2021

How to use an auto finance calculator: A step-by-step guide

It’s useful to know how to use an auto finance calculator when you plan to buy a car. Fortunately auto finance calculators are not that difficult to figure out. For example, the Affordability Calculator at Santander Consumer USA (SC) requires…

Why your credit score is important
March 17, 2021

Why your credit score is important when financing a vehicle

Why is your credit score important? It may be one of the most important numbers in your life – besides your blood pressure reading – because it helps determine the availability and cost of credit for vehicles and other purchases….

Couple saving in piggy bank
March 10, 2021

How to set up a monthly budget to finance a new vehicle

Know how much vehicle you can afford. Learning how to set up a monthly budget is the key to buying a new vehicle while ensuring you don’t overextend your finances, according to experts. But even using a car affordability calculator…

How and where to find end-of-year new and used car deals
November 6, 2020

How and where to find end-of-year new and used car deals

The end of the year is the best time to get a deal on a vehicle. That’s the common wisdom, anyway. COVID-19 and its ripple effects have changed the calculation this year for many shoppers, but one thing that hasn’t…

Interest rate calculator: How your credit score affects car financing
June 19, 2020

Interest rate calculator: How your credit score affects car financing

Thousands of dollars. That could be the difference between lower and higher credit scores when financing a vehicle, based on an interest-rate calculator at nerdwallet.com and data reported by Experian. Here’s what we mean: The average nonprime borrower, with a…

Tax refund car purchase
March 24, 2020

Tax deadline, car shopping delayed by Coronavirus?

Tax refunds are arriving. And that means many Americans may be looking for a new or used vehicle on which to spend the money they get back from Uncle Sam. Of course, due to the Coronavirus outbreak, the tax deadline…