Gas prices are at the point where low income workers pay upto 30% of their weekly wages (before taxes) just for 20 gallons of regular gas.
Some may think that is the case in California or New York where the gas prices are higher; however, that is not so. The squeeze is actually on those low [...]

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Most people think that if you lease a vehicle you only have one option at the end of the lease - and that is to turn the vehicle back to the Leasing Company. That is an option, but it is only one of your three options.
At the end of a lease, you can: (1) return [...]

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1. What is “Diminished Value”?
Diminished value is the amount of value a vehicle loses after being involved in an accident. For example, a vehicle which was damaged will be worth less than a vehicle that was never damaged. That reduction in value is referred to as “diminished value.”
2. Does my car have Diminished Value?
If your [...]

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The short answer - - Yes.
The Fair Credit Reporting Act regulates the use of credit reports and prevents a dealer from pulling your credit unless he has a permissible purpose, as defined under the Act.
In general, there are 3 permissible purposes that a dealer may have: (1) if the consumer gives permission in writing; (2) [...]

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Some might ask what the selling price of your vehicle was? Others might ask you what your monthly payment was? But the true cost of your vehicle is more than that. On a monthly basis, your vehicle costs the sum of:
1. Your monthly payment;
2. Cost of Insurance;
3. Cost of Gas (this is a big one);
4. [...]

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1. You have 3 credit reports. Since there are three nationally recognized credit reporting agencies: Experian, Equifax, and TransUnion - each creates its own report by gathering information from many of the same and sometimes different data sources.
2. Your credit report is constantly changing. Reporting agencies update their files daily. And companies reporting update these [...]

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When signing the myriad of papers in the dealer’s finance office, there is one document that consumers sign that many are unaware of. It obligates the consumer to pay the dealership in the event their financing is declined. The payment is to reimburse the dealership for the time that the consumer used the vehicle.
The name [...]

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Consumers often tell me that they plan on paying cash, and then follow up that statement with the question - “how much more will I save?”
The answer is simple. Nothing!
In fact, it is to the dealer’s benefit if you finance or lease your vehicle; not if you pay cash.
A dealership may earn money on the [...]

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What is a “Credit Score?”
Almost every time your credit is reviewed by an authorized party, they are looking at your credit history and your score to evaluate your credit risk. So what is a “credit score?”
A credit score is a number generated by a Credit Reporting Agency (e.g. Experian, Equifax, or TransUnion) using a [...]

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Download the complete 2008 Fuel Economy Guide to compare all vehicles before you purchase your next vehicle.

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