Comments for Auto Car Loans Now Tips http://autocarloansnow.com Tue, 10 Apr 2012 00:46:52 +0000 hourly 1 http://wordpress.org/?v=3.3.2 Comment on Question about insurance coverage? by F Kramer http://autocarloansnow.com/question-about-insurance-coverage.html/comment-page-1#comment-29344 F Kramer Tue, 10 Apr 2012 00:46:52 +0000 http://autocarloansnow.com/question-about-insurance-coverage.html#comment-29344 that is stiff for insurance/most new cars areway over 20 grand and if you hit and total one you will hve to pay the bsalance after 15 k that is stiff for insurance/most new cars areway over 20 grand and if you hit and total one you will hve to pay the bsalance after 15 k

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]]> Comment on Question about insurance coverage? by ken k http://autocarloansnow.com/question-about-insurance-coverage.html/comment-page-1#comment-29343 ken k Tue, 10 Apr 2012 00:46:52 +0000 http://autocarloansnow.com/question-about-insurance-coverage.html#comment-29343 you need an agent because you know nothing about insurance/50 grand car and you total it your on the hook for the overages from the 15 grand you need an agent because you know nothing about insurance/50 grand car and you total it your on the hook for the overages from the 15 grand

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]]> Comment on Question about insurance coverage? by Tami http://autocarloansnow.com/question-about-insurance-coverage.html/comment-page-1#comment-29346 Tami Tue, 10 Apr 2012 00:46:52 +0000 http://autocarloansnow.com/question-about-insurance-coverage.html#comment-29346 No, liability does not include uninsured or underinsured motorist. Kramer and ken are wrong on what property damage is, mushu is right. I got a kick out of, "you know nothing about insurance" from a guy with the wrong answer. Liability is to cover damages that you cause to another. So that will never include uninsured motorist because it is a completely different kind of coverage. Uninsured and underinsured motorist are coverages to protect you if someone hits you without insurance. (in most cases you still must have the other persons info to collect from coverage. So those liability coverages: 15/30/5, yes way too low. These coverages will cover damages that you cause to another. This is $15,000 per person in an accident, with a maximum of a total coverage of $30,000 for all injuries you cause in an accident. With your quote example, you would have $5,000 coverage for damages you cause to a car. That is rediculously low. What you really need to know: More coverage does cost more money. I know you asked for the cheapest, but play around with coverages on an online car quote search. When I was an agent, I would highly recommend coverages around 50/100/50 and I carry 100/300/100 for myself. At the very least, going up to 15/30/15 won't cost much more. The quote mentioned medical payments which is medical coverage for you and other people in your car, but that is not a requirement. Lastly, want to make sure you know that comprehensive and collision are the coverages to protect your own car, which you did not mention in this quote. No, liability does not include uninsured or underinsured motorist.

Kramer and ken are wrong on what property damage is, mushu is right. I got a kick out of, "you know nothing about insurance" from a guy with the wrong answer.

Liability is to cover damages that you cause to another. So that will never include uninsured motorist because it is a completely different kind of coverage. Uninsured and underinsured motorist are coverages to protect you if someone hits you without insurance. (in most cases you still must have the other persons info to collect from coverage.

So those liability coverages: 15/30/5, yes way too low. These coverages will cover damages that you cause to another. This is $15,000 per person in an accident, with a maximum of a total coverage of $30,000 for all injuries you cause in an accident. With your quote example, you would have $5,000 coverage for damages you cause to a car. That is rediculously low.

What you really need to know:
More coverage does cost more money. I know you asked for the cheapest, but play around with coverages on an online car quote search. When I was an agent, I would highly recommend coverages around 50/100/50 and I carry 100/300/100 for myself. At the very least, going up to 15/30/15 won’t cost much more. The quote mentioned medical payments which is medical coverage for you and other people in your car, but that is not a requirement. Lastly, want to make sure you know that comprehensive and collision are the coverages to protect your own car, which you did not mention in this quote.

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]]> Comment on Question about insurance coverage? by Mushu http://autocarloansnow.com/question-about-insurance-coverage.html/comment-page-1#comment-29345 Mushu Tue, 10 Apr 2012 00:46:52 +0000 http://autocarloansnow.com/question-about-insurance-coverage.html#comment-29345 If that's all it said, then I don't see any coverage for uninsured motorist. What you see there is bodily injury per person $15000, bodily injury per accident $30000, property damage liability $5000. Property damage liability at that amount is WAY, WAY too low. Most new cars cost three times that amount, and if you total someones brand new or even moderately new vehicle, you're going to be royally screwed. Get that up to at least $50000. If that’s all it said, then I don’t see any coverage for uninsured motorist. What you see there is bodily injury per person $15000, bodily injury per accident $30000, property damage liability $5000. Property damage liability at that amount is WAY, WAY too low. Most new cars cost three times that amount, and if you total someones brand new or even moderately new vehicle, you’re going to be royally screwed. Get that up to at least $50000.

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]]> Comment on Good bad credit auto loan website? by Stupid Flanders http://autocarloansnow.com/good-bad-credit-auto-loan-website.html/comment-page-1#comment-29331 Stupid Flanders Mon, 26 Mar 2012 03:07:48 +0000 http://autocarloansnow.com/good-bad-credit-auto-loan-website.html#comment-29331 www.creditstinks.com I have never used them or known anyone that has, but they advertise like crazy where I live. http://www.creditstinks.com

I have never used them or known anyone that has, but they advertise like crazy where I live.

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]]> Comment on Good bad credit auto loan website? by cpr_hrrs http://autocarloansnow.com/good-bad-credit-auto-loan-website.html/comment-page-1#comment-29330 cpr_hrrs Mon, 26 Mar 2012 03:07:48 +0000 http://autocarloansnow.com/good-bad-credit-auto-loan-website.html#comment-29330 No such website will be of any help to you. These days its harder than ever to get a long from any bank. The best you can hope for is to got to a dealership that offers in house financing, where you can give a down payment and give the dealership monthly payments until the car is paid off. But you are right, your APR will be high. No such website will be of any help to you. These days its harder than ever to get a long from any bank.
The best you can hope for is to got to a dealership that offers in house financing, where you can give a down payment and give the dealership monthly payments until the car is paid off. But you are right, your APR will be high.

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]]> Comment on what are some of the best banks for bad credit auto loans with low interest? by Rob R http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html/comment-page-1#comment-29328 Rob R Sun, 25 Mar 2012 00:44:03 +0000 http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html#comment-29328 You have bad credit AND you want a low rate?? You're an idiot. Any suggestions?? Yeah, get a clue. You have bad credit AND you want a low rate?? You’re an idiot.

Any suggestions?? Yeah, get a clue.

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]]> Comment on what are some of the best banks for bad credit auto loans with low interest? by ElGrande http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html/comment-page-1#comment-29327 ElGrande Sun, 25 Mar 2012 00:44:03 +0000 http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html#comment-29327 Yeah, sure... if banks were giving away low-interest loans to folks with bad credit, there would be NO incentive at all to have good credit. There is no way around it... bad credit, high interest. Yeah, sure… if banks were giving away low-interest loans to folks with bad credit, there would be NO incentive at all to have good credit.

There is no way around it… bad credit, high interest.

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]]> Comment on what are some of the best banks for bad credit auto loans with low interest? by Scott H http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html/comment-page-1#comment-29326 Scott H Sun, 25 Mar 2012 00:44:03 +0000 http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html#comment-29326 If you have bad credit, you don't get a low interest rate. High interest is the price paid for not taking care of your credit obligations. If you have bad credit, you don’t get a low interest rate. High interest is the price paid for not taking care of your credit obligations.

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]]> Comment on what are some of the best banks for bad credit auto loans with low interest? by roger http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html/comment-page-1#comment-29325 roger Sun, 25 Mar 2012 00:44:03 +0000 http://autocarloansnow.com/what-are-some-of-the-best-banks-for-bad-credit-auto-loans-with-low-interest.html#comment-29325 WAKE UP !! HELLO YOUR DREAMING. ( sorry, couldnt resist) unfortunately no bank or credit union makes bad credit auto loans. In order to get the best interest rate you have to have good credit. The reason dealers have a list of lenders, is because those "lenders" give the dealership 500 dollars to the dealer for referring you to the lender. Which is why the interest rates are high, the lender wants to make you pay the 500 dollars back. The fix to bad credit takes time, you need to establish a checking and savings do direct deposit from the company you work for and then pay all the bills from checking , no bounced checks, open a secured or unsecured credit card, pay off the balance in full everymonth. Meanwhle put 25 percent of the paycheck in savings and dont touch it. At the end of a year the bank can see your financial records through checking, your savings record through savings and payment history. Keep this for another year, and you have established a solid history . The main thing to is income level needs to be above 3 grand which helps a lot when you go for a loan.It takes a lot of time , and energy, and maybe staying home friday or saturday nights, but it pays off in the end. WAKE UP !! HELLO YOUR DREAMING. ( sorry, couldnt resist) unfortunately no bank or credit union makes bad credit auto loans. In order to get the best interest rate you have to have good credit. The reason dealers have a list of lenders, is because those "lenders" give the dealership 500 dollars to the dealer for referring you to the lender.
Which is why the interest rates are high, the lender wants to make you pay the 500 dollars back. The fix to bad credit takes time, you need to establish a checking and savings do direct deposit from the company you work for and then pay all the bills from checking , no bounced checks, open a secured or unsecured credit card, pay off the balance in full everymonth. Meanwhle put 25 percent of the paycheck in savings and dont touch it.
At the end of a year the bank can see your financial records through checking, your savings record through savings and payment history. Keep this for another year, and you have established a solid
history . The main thing to is income level needs to be above 3 grand which helps a lot when you go for a loan.It takes a lot of time , and energy, and maybe staying home friday or saturday nights, but it pays off in the end.

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