So you bought your new car and didn’t have much time to research financing.  You get home and do some checking to see if you got a good deal or not and you discover you could have gotten a better interest rate from another financial institution.  You now find yourself upset and mad over the fact you could be paying less for your new car.  Another situation you may find yourself in is you bought gap coverage or an extended warranty and either decide you don’t want anymore or found it cheaper somewhere else.  The initial thought running through your … Continue Reading

Much like gap coverage in my previous post, extended warranties are another item delears will try to sell you when you sit down to sign the final papers.  You may find that an extended warranty is important to you and would like to buy one, but one of your many car buying questions will be, “should I buy it from the dealer.”  If you do not need to finance the extended warranty and can pay for it out of pocket, then the answer to that question is no you should not buy it from the dealer.  Generally dealers will charge … Continue Reading

If you are in the market to buy a new car and you are like most people and will be getting a loan, one thing to consider getting is Gap Coverage or Gap Insurance.  When you purchase a new car and you drive it off the lot the value of the car significantly depreciates.  If you were to get into an accident driving it off the lot and it was classified as total loss then you could potentially be out thousands of dollars.  Since the value of your car is less than the amount you financed, you would be expected … Continue Reading