Archive for the 'car loan' Category

Is the car loan cosigner liable in human injury?

I am doing a lease buyout with my dad (jointly) and my girlfriend is the primary driver. The car registration and car insurance is under her name and I am named the other driver in the car insurance policy. My question is if my girlfriend gets into a car accident and the individual who is [...]

How can I get a car loan with a 645 credit score?

I was turned down by two credit unions today for a ,900 auto loan. I am looking to buy a 98 Z28 for ,000. I will be putting ,100 down. I make k per year. The credit unions both told me my score was too low to approve the loan. Any suggestions on where to [...]

Can you deduct interest paid on an car loan from your taxes?

My brother is able to deduct the interest he pays on his farm equipment, and I’m able to deduct the interest I pay on a student loan… so I was wondering if anyone knows if it’s possible (or legal) to deduct the interest paid on an car loan come tax time?

How much money down should I save for a car loan?

I’m looking to buy a used car and will probably seek a loan between 2000 and 3000 dollars. How much money down should I have saved?

Why does the blue book and bank loan prices differ on car loans?

I’m researching a used car. Kelly Blue Book and NADA guides state the value of the car at between 00 and 00. I’ve haggled the sale price down to 00. However, the bank Ive spoken with about the loan says they can only loan 00 on the car. Why is there such a discrepancy between [...]

Will applying for car loans with multiple lenders hurt my chances of getting a loan?

I’m fresh out of college and in need of a new car. I’m shopping for rates – filled out a credit application with the dealer, and a couple online. One of the lenders I applied with online wrote at the bottom of an email to "be sure not to apply in multiple places as it [...]


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