Purchasing new or used cars, getting car loans, down payments for cars, refinancing car loans, and car insurance.

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1answer
63 views

How can someone else sell a car with my name also on the paperwork?

I just found out from my x that he got a new car but my name was still on the old one and I never signed any paperwork when he traded it in. How can a car dealership do that with my name still on it?
1
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1answer
63 views

Can a F-1 student visa holder loan a car from bmw?

Here is a little bit background: I am currently an opt(F-1) student working at a company as a software developer. My company is actively working with a law firm to get me a work visa. A couple weeks ...
4
votes
4answers
139 views

Is this follow-up after a car crash a potential scam?

A few nights ago I had an accident with another car. I hit their bumper bar, put about a tennis ball size dent. No damage was done to my car. I didn't tell them that I had insurance. Just putting ...
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vote
1answer
60 views

Need help to find the amount more for a payment

I have been using the given formula to figure out if I got a loan of $7,000 at 7% annual interest, how much more is the monthly payment for a 12-month term than for an 18-month term? 
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0answers
51 views

Car lease payment, after moving from WA to CA

I have a car leased from Infiniti financial services, and right now I am planning to move from WA to CA. Once I get my car registered at CA, will it stop my monthly tax payment on car that WA state ...
4
votes
1answer
68 views

How is Fiscal horsepower calculated in Spain?

The annual circulation tax (Impuesto sobre vehículos de tracción mecánica) is imposed in Spain on an annual basis based on a Fiscal horsepower. Does anybody know the formula for calculating fiscal ...
20
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11answers
5k views

How much should a new graduate with new job put towards a car?

What is a responsible amount to put towards a car if my new job will pay $95k and I have almost $7k in the bank? I also have approximately $30k in student loans I have to pay.
3
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1answer
35 views

Car insurance with foreign and domestic Driver's License

I am currently living in the U.S. I am looking to get a car insurance and wonder how they calculate my rate. As I know it from Germany, they calculate the risk with a formula depending on where I ...
1
vote
2answers
474 views

I bought a new car for a month and wanted to return it

Here is my story. I bought a car about six weeks ago on march. I realized that I was actually paying a lot more than the price in the car advertisement. I bought a Honda Odyssey 2016 that is supposed ...
0
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0answers
32 views

In terms of vehicle and tax in the UK what are the differences between an operating lease and a financial Lease

I am a programmer looking at finding the total tax burden or operating a car in the UK. It seems like there are three main methods of getting a car in The UK. Purchase, Financial Lease, or Operating ...
2
votes
2answers
111 views

Lease vs buy car with cash?

I was planning to buy a new car for about $18000. I rarely drive and probably drive less than 5000 miles every year, but for various reasons I need a car. I am replacing my current car because it is ...
1
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2answers
189 views

Any creative options for purchasing a used vehicle with cash

Ok so we are planning on purchasing a used vehicle for no more then 16k. We have the cash in hand and so it got me thinking. What options are there to fully take advantage of this situation? My ...
4
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1answer
66 views

person on loan with cosigner

My son is buying a vehicle and the person on the loan as a co-signer broke up with him. My son has made almost all of the payments. Now when the loan is paid off, how does my son get his ex's name ...
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1answer
64 views

Cancel road hazard tire insurance after purchase

I got some tires for my vehicle yesterday. I signed the work order and dropped off the vehicle; my spouse picked up the vehicle and paid the bill. On the bill was an $80 charge for road hazard ...
0
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1answer
28 views

Auto liability insurance and underinsured policy

I live in MA. Recently I was in an accident where the over driver was at-fault 100% and is not contesting this. I was moderately injured and had several dr appoints and tests for broken ribs and being ...
0
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0answers
36 views

Company Leased Car - Transfer from a colleague

An employee in my org got a company leased car and he is planning to transfer the lease. EMI: Rs. 15300 Tenure: 60 months Already paid 25 EMIs = Rs. 382500 Remaining 35 EMIs (that I'll need to pay) = ...
4
votes
3answers
1k views

Leasing a car I intend to buy

I'm aware of the usual pitfalls of leasing a car (I found this question very helpful) and I know the general rule is that if you can't buy the car in cash, you can't afford it. However, I need a new ...
8
votes
1answer
244 views

Oh, hail. Totaled car, confused about buy-back options

I have a Toyota 4Runner Limited - V8, 4x4, nav, you name it. During our oh-so-wonderful hail experience last week (I was momentarily knocked our by a softball-sized chunk of the stuff), it received a ...
0
votes
1answer
141 views

How can a payment on a $62,000 Jaguar be $499 a month?

I was in the mall today and some dealer had a $62,000 Jaguar on display which had $499 painted on the winshield, which I assume is a monthly payment. If we ignore interest, that would be 500 x 12 = ...
1
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1answer
53 views

Car under the dealer's warranty

I just bought a car from a dealer and according to the law, they have provided a 3-month warranty to pay half a price for the repairs in case the car breaks. The car broke down and I need to have it ...
16
votes
4answers
7k views

Only my husband's name is on the car title. How can I protect my ownership in case of divorce or death?

My husband bought a car. Only his name is on the title because my credit is not good, but his is very good. But I am going to pay the car loan and the insurance. I would like to know if it's ...
0
votes
4answers
219 views

Is it better to buy this used car from Craigslist or from a dealership?

I was looking for a cheap car and noticed that I can buy a 2006 Toyota Prius with more than 200k miles off from Craigslist for $3500 or the same Prius with a little less than 100k from a dealership ...
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0answers
40 views

Would I have to pay tax when transferring a vehicle title from a family member across state lines?

I have a reservation for a Tesla Model 3 and just found out that my brother recently got a Model X. Tesla says they plan to give priority to previous owners, so I was wondering if it would make sense ...
3
votes
1answer
61 views

Does Edmunds get a kick-back from the use of Edmunds Price Promise?

A family member is in the market for a "new" car (Not necessarily brand new) and is interested in using the Edmunds Price Promise service to save time finding contacts (and then contact them manually) ...
2
votes
1answer
185 views

New Car VIN number changed for Rav4 Limited Hybrid Black exterior at the Toyota Dealership

About 3 weeks back I gave $1000 for a Toyota Rav4 Limited Hybrid at the dealership who promised me that i will get one in their list and he showed me the list. I took a copy of the list which showed ...
2
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1answer
208 views

Where are all those unsold vehicles?

Every year, every car manufacturer produces tons of cars. And of course, not all of them are sold during the year. My question is where are all those unsold new cars reside? If I go to a dealership ...
3
votes
3answers
244 views

I need a car for 2 years. Buy or lease (or something else)?

My current situation: I live in UK I'll be soon moving to Europe I'll be back in UK in approx. 2 years I don't own a car at the moment When in Europe, I'll be needing a car. However, I'm not sure ...
73
votes
12answers
14k views

Is there any way to buy a new car directly from Toyota without going through a dealership?

I'm so tired of haggling with the dealers at a local Toyota dealership. They are not only pressing, but also aggressive, condescending and mean. I want to cut the middleman. I know exactly what I ...
2
votes
4answers
215 views

Is it advisable to go for an auto loan if I can make the full payment for a new car?

Planning to buy a new car in India. Options I have are as follows: - Company leased car - Direct Auto Loan from finance company - Full one-shot payment from savings From all the articles I've ...
3
votes
4answers
334 views

Keep spending money fixing an old car or buy new car

I have a 2004 Honda Accord EX. It has close to 200k miles but is paid off. KBB says its worth is between 2500 for trade in or 3500 for private party sale). I don't know much about cars but it seems ...
3
votes
1answer
68 views

Error in my car loan papers, what do I do?

In Dec 2014 I turned in a financed car that I had where my mom was the Primary Owner and I was the cosigner and I purchased a new car only under my name and credit, my mother wasn't present and she ...
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0answers
54 views

Vehicle Title Requirements for selling a junk car

I'm planning to sell my old car to a company that will scrap it. I'd like to know what do I need to do with the title? They are planning to come and pick the car up and tow it to the junk yard. I ...
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2answers
77 views

I have a 2008 HHR under finance it needs a new engine

Ive had it for a year now and a check engine light came on they found a misfire which will require a rebuilt engine. I need to get rid of this car quick as it can go out any day. I owe 8000 on it and ...
0
votes
1answer
59 views

car loan but 2 people on title

Can one person take out a car loan but have two people on the car's title?....If I am on the title my son's car insurance drops significantly but he wants to take the car loan out himself (to build ...
3
votes
2answers
106 views

Car dealers offering lower prices when financing a used car

I recently went to a Nissan dealership to buy a used car. They are claiming that they can offer me a price that is over $2000 less if I finance with them, instead of paying in cash. Is this a ...
0
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2answers
116 views

car insurance - 2 cars, can I have 2 separate NCD

I know that I cannot use No Claims Discount on the second car but my question will be a little bit different. I build 4 years NCB in last 4 years. But there was a moment when I bought second car. When ...
0
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1answer
71 views

Does a divorce decree automatically transfer the ownership of a car? [closed]

My husband and I got a divorce, and he was awarded the car. He never transferred the title or registration in his name. Am I still co-owner of the car? If he wants to sell this car with my name still ...
0
votes
1answer
351 views

How to take off my name from Car Title in California

The car was paid off and the title is under my name and my ex wife. I want my name off from that car because I don't want to be responsible for any liability if she got in accident. But She wont go ...
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2answers
121 views

New car cash vs finance

I looked at Alfa Romeo's UK webpage: So if I purchase outright, the dealer gets 23,830 cash now But if I use their finance, they get a total of 21,541 less finance costs in 4 years This sounds ...
-1
votes
1answer
158 views

Do you need to have insurance on an unused car?

I'm buying a car and garaging it until I can fix it. Do I need to have insurance on it to be able to register it (so I won't get fined for not registering it) or can I just register it like that since ...
0
votes
5answers
395 views

Saving up for an expensive car

Let's say I have a salary of $80,000 after tax. My goal would be to buy a $100,000 car. I've read online that 20% is a reasonable amount to pay for a car each month. 20% x $6,666 monthly pay = ...
0
votes
0answers
40 views

Need a higher car insurance premium as a dependant?

I'm looking to purchase a new car; my current car is 15 years old and has a lot of miles on it. I started a new job that is much further away from home and I need something more reliable. Anyway, I ...
2
votes
2answers
167 views

How would I compute the difference between purchase and lease-to-purchase offers?

I'm looking at getting a new car, and this Toyota Avalon lease deal seems like a better deal then buying. However, I've always heard that leases are not the smart way to go. When I do the math the ...
2
votes
1answer
707 views

How do we remove an ex-girlfriend from a car loan?

My son is currently in boot camp, and his ex-girlfriend is threatening to go to court because she wants her name off a car loan they got when together. She is the primary borrower, but my son is the ...
0
votes
3answers
137 views

Employee discount on auto sale, possible to profit from?

Assuming this is legal (California, US), can I resell a vehicle which was purchased for me with a 25% off employee discount with my money by a friend. The friend has the 25% employee discount, and is ...
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0answers
39 views

How does paying off car lease work? [duplicate]

I'm a little bit confused on paying my lease amount early. As far as I understand, I loaded the total amount of the car. Let's say the total amount of car is 50k and the total lease amount is 25k. ...
1
vote
1answer
252 views

Can you pay off lease early?

If I pay off lease amount early for a car, is there any impact on my credit? Let's say I'm paying $400/month for 36 months, which is 14,400 total. If I pay 14,400 within 6 months, are there any ...
10
votes
9answers
3k views

Why do people buy new cars they can not afford? [closed]

This question in particular refers to the U.S. It has always baffled me and I am looking for diverse viewpoints to help understand the issue. Every day as I drive to work I see lots of new cars. US ...
8
votes
3answers
2k views

In today's low interest environment, is it generally more economical to buy or lease a new car in the US?

In today's low interest environment, is it generally more economical to buy or lease a new car? Assume above average to excellent credit and an average priced new sedan. I ran through a cost ...
4
votes
1answer
198 views

Is it possible to remove and replace a cosigner?

Is it possible to remove a cosigner from a car loan and replace with a new cosigner? If the new cosigner possesses a legal driver's license, and the cosigner to be replaced has no driver's license, ...