Negative Equity; Trading a Car When You Are Upside Down!

Posted by whyarby - - 0 comments

Upside Down is Dealership slang for Negative Equity. Who has it? Just about everyone, even dealership employees, so dont feel bad.

It is just a fact of life, cars depreciate. When you drive a car over the curb it loses value. If you buy from an individual, it still loses value. The only way to keep from being upside down is to:
1. Put Money Down
2. Pick a shorter term to finance; 48 months instead of 60
3. Do not Trade Too often
4. Make Sure You Get a Good Deal, Get Your FREE Quote!


These are just a few ways to avoid negative equity. Another one is to lease your vehicle. Some say, buy what appreciates and lease what depreciates. You lease for 3 to 4 years and get the best life out of the vehicle, turn it in, and lease another. Why worry about ever owning it. If you do own the car, it is worthless by the time you are through paying for it.

If you are upside down now and are looking for a lender to finance your new car along with your negative equity, check out Roadloans as they will usually finance 125% of NADA Retail. This is more than most lenders will lend. This will make it easier to finance a car without putting a bunch of money down.
[ Read More ]

General Motors 100000 Mile Certified Used Warranty

Posted by whyarby - - 0 comments

General Motors is trying to take the GM or Certified Used Vehicle Sales to the next level. They will be offering a 100000 mile warranty on USED VEHICLES! WOW!

First, it has to be a Certified Vehicle from a Certified Used Dealer. A Certified Used GM Vehicle is a car, truck, or SUV from the year model 2002-2006 with less than 60000 miles. Notice that I did not include 2007 models. This is because they already have the 100000 mile warranty included. Brands included are Chevrolet, GMC, Pontiac, Buick.

The warranty is a warranty that will cover engine, transmission, drive train. It is not a bumper to bumper warranty, but will cover the major components that cost the most to fix. This will take the GM sales to record levels this year as it will offer peace of mind. Imagine, you are looking at a 2003 GM Car with 45000 miles. Under the old Certified Program, you would receive a 3 month, 3000 mile bumper to bumper warranty only. You still receive this, but also get the 100000 power train warranty. I am happy to be a GM Salesman during this Awesome program! Way to go GM, lets take this to the next level.

If you need an Auto Warranty that wont break the bank, Get a FREE QUOTE NOW! This quote is good for ALL Makes, Models, and years. Chevy Car and Truck Warranties, Ford Car and Truck Warranties, Dodge Car and Truck Warranties, and even Toyota, Nissan, and any other makes or models. You pick the place to work on your Auto. Best of All, finance your warranty at 0% interest. Check it out, FREE Extented Warranty Quote!
[ Read More ]