The Right On The Money Blog

Tag: Auto Loans

Car Dealer Offering Zero Percent Financing

Should I Take the Zero-Percent Financing Offered by an Auto Dealer?

Q: I’m in the market for a new set of wheels, and I’ve seen some dealers advertising zero-percent financing. Should I take this offer? A: An auto loan without any interest sounds like a dream; however, there are many considerations before deciding to take out a zero-percent financing loan. Let’s take a closer look at…

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Don’t wait. Buy a car now and avoid Illinois’ upcoming trade-in tax.

When you upgrade to a new vehicle, timing is everything. Year-end sales are a great time to buy, as dealers are eager to meet their end-of-the-year sales quotas and make room for newer models. But this year, there’s an extra reason to make your purchase before December ends. Starting January 1, 2020, a new Illinois…

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New Cars vs. Used Cars

Q: I need a new set of wheels and I’m wondering if it’s better to spring for a new vehicle or to go the cheaper route and buy a used vehicle. What do I need to know about each kind of purchase?

News Flash: Teens and Parents Disagree on Auto Ownership

Breaking News: Parents and Teens Disagree on Auto Ownership

Here’s a finding that will surprise nobody: 76% of teens say they’re ready for a car, while 85% of parents disagree.