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Texas Laws For Gifting a Vehicle

Gifting a new used car to someone means you are giving that person ownership of your car without any money changing hands. The process for gifting a car to someone in the state of Texas involves transferring the car ownership title into ...

The Complete Auto Financing Glossary

Auto financing documents contain a lot of formal legal language that the average consumer is not familiar with. A basic understanding of the common auto financing terms will help you navigate car loan negotiations and keep you from signing ...

See How Easily You Can Save for a Car Down Payment

A down payment is a percentage of an asking price you pay upfront toward a purchase. The average car down payment is no less than 5% of the car’s total cost, though it is recommended to put forth as much as you can afford on your budget. ...

5 Auto Loan Myths You Should Know

The most common auto loan myths are based on seemingly logical assumptions consumers make due to a lack of information on the auto financing process. Auto credit myths are easy to dispel once you have all the correct knowledge and ...

What is Negative Equity and How Will it Affect Me?

Negative equity means owing a lender more than an asset, like your car, is worth. While you are working on paying off your car loan, and ideally before you commit to the loan terms in the first place, you should understand how to avoid and ...

Little Known Ways to Get the Most Out of Auto Tax Deductibles

  • Cory Lowe
  • 12/06/2013
Every driver knows how expensive owning on a vehicle can be. You can recoup some of that money spent, however, if you are aware of deductible car related expenses and use your car for business related driving. Keep complete records of ...

The Guide to Car Loan Credit Reports

Your credit report is going to be checked by the dealership or outside lender when you apply for a car loan. Not only should you be prepared in terms of knowing your current credit rating, you should also have a grasp on how the credit ...

Auto Recalls: What You Need to Know

Car companies recall certain makes, models, or even a single part on one of their vehicles when a safety concern is discovered. Recalls are more common than most people realize, as even the smallest safety problem immediately triggers a ...