Are There Car Loans for People with Bad Credit? #scrap #car


#bad credit car loan
#

Are There Car Loans for People with Bad Credit?

Advertiser Disclosure September 19, 2013 by Gerri Detweiler

In many parts of the country, a car or truck is a necessity. Unless you ve managed to save enough to pay cash for your next vehicle, you ll have to get an auto loan. But what if your credit is bad? Can you even get a loan?

There are car loans for people with bad credit, but you need to be careful when shopping for one to make sure you aren t overcharged.

If you re looking for a bad credit auto loan, the first step is to check your credit report and scores. This step is critical, because one of the reasons auto shoppers overpay for these loans is because they think their credit is worse than it is, and they settle for whatever they can get.

You can check your credit scores and get an easy to understand overview of the information in your credit report for free once a month at Credit.com. In addition to your score, you will see what factors are having the most impact on your scores.

There s another reason to check your free credit reports: you may find mistakes on your credit reports that, if fixed, will help boost your credit scores. If possible, give yourself at least thirty days to dispute credit report mistakes before you start car loan shopping.

After you have checked your credit and fixed any errors, it s time to start shopping for an auto loan to see what is available.

Be smart about your credit while you are shopping for an auto loan. Every time a lender pulls your credit report, it creates an inquiry on your file, and these inquiries can hurt your credit scores. Most scoring models will count auto loan inquiries with a certain window usually 14 45 days as a single inquiry. To be on the safe side, then, limit your auto loan shopping to a two-week period to avoid damaging your credit scores even further.

Know Your Score Before You Apply Get your free Credit Report Card and see what the banks will see before you apply. See your credit score & learn ways to improve it. It’s free & updated every 30 days.

More Ways to Save Money On Auto Loans

If your credit is poor, you may have to pay a higher rate until you can improve your credit scores. But even then, there are things you can do to save money:

Choose a shorter term loan. A 3-year loan will typically carry a lower interest rate than a 5-year loan. Plus you ll save money by paying off the loan faster!

Buy a newer vehicle. Loans for used vehicles are usually more expensive than those for new vehicles. It goes without saying, though, that if you find a really good deal on a used auto, consider it. You can still come out ahead, even with a higher interest rate.

Don t load up on extras. The dealer will probably try to convince you that you to spring for extras like rustproofing, paint protection, VIN etching and more. They ll probably point out that these extras will just add a few dollars to your monthly payment. That may be true, but over time, those extra dollars really add up.

Bad Credit Auto Loans to Avoid

There are numerous traps that cause auto shoppers to overpay by billions of dollars, according to the Center for Responsible Lending. These include:

Loan markups. Dealers may profit when they steer consumers into higher cost loans.

Yo-Yo Financing. You take the vehicle home with you before the paperwork is finalized. Then the dealer tells you that you are stuck with a higher rate, or adds additional costs.

Loan packing. You are pushed into getting other services you may not need such as credit insurance, rustproofing, etc. Keep in mind that none of these extras are required. In the case of credit insurance, if you die before the loan is repaid, your heirs may be able to sell the vehicle or assume the payments, but they are not personally responsible for the loan unless they are a cosigner or they are your spouse and you live in a community property state.

Buy here, pay here car dealers. These dealers advertise loans regardless of credit history. The rates can be extremely high and the quality of the vehicles can be iffy. Many times these vehicles are repo d, only to be sold to another buyer.

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.


Is There Sales Tax on a Vehicle Trade? #cheap #cars


#used car trade in value
#

Other People Are Reading

Resources

To find out about your state and area’s tax rules and charges, call your state motor vehicle department or visit its website. Or ask the dealership you’re purchasing from. Dealers are authorized to collect all applicable state taxes, motor vehicle fees and inspection or emissions costs. You may find that your state recognizes your trade-in as a tax deduction, which you can use to your advantage when budgeting or determining a loan amount. You may not have to provide as much of a down payment as you originally thought.

Used Car Purchase

In states that offer a tax deduction when a trade exists, expect to receive your discount from the vehicle’s total sales price when purchasing a used car. A new car’s actual sales price is viewed differently by each state, but that’s not so for a used car purchase. So if you purchase a used car from a dealership that costs $10,000 and have a trade-in worth $3,000, you’ll pay taxes on $7,000 instead. If your area’s tax rate is 10 percent, you’ll save $300 on tax charges.

New Car Purchase

Some states recognize a new car’s taxable price as the manufacturer’s suggested retail price, or MSRP, without regard to rebates. If you purchase a $25,000 vehicle with $5,000 in rebates, your taxable price is still $25,000. You can then subtract your trade-in value from the MSRP before applying tax. States that don’t recognize the rebate as a reduction in taxable price will often honor a dealer discount. For example, if a dealership took $2,000 off the MSRP of the same vehicle, you can subtract your trade-in value from $23,000 before applying tax charges. After adding the tax amount, you can deduct the rebate.

Financed Trade-In Vehicle

Sales tax is based in most states upon the new vehicle’s selling price minus your trade-in’s value. A trade-in vehicle with an active loan is no different. If you owe $15,000 on a vehicle that has a trade-in value worth of $12,000, you’ll apply the extra $3,000 toward your total purchase price or amount financed. Your dealership must pay off your previous loan to take ownership of your trade-in. Even if your purchase price increases because of your loan’s payoff, you won’t pay taxes on the excess loan amount or total purchase price.


Is there reboot or restart log to explain why or what? Windows 7 Help Forums #is #there #reboot #or #restart #log #to #explain #why #or #what?, #windows, #seven, #microsoft, #windows #7, #windows #7 #forums, #windows #7 #tutorials, #windows #help, #support, #dell, #acer, #hp, #asus


#

Windows 7: Is there reboot or restart log to explain why or what?

Random re-boots are a difficult thing to trace as the actual event does not give the operating system time to react and write an error message – you may find some clues in the Event manager – but this may be misleading as the actual cause of the re-boot is rarely logged.

To find the Event Log right click on Computer and select manage

The most common cause of random re-boots is probably the Power supply but of course there are other possibilities.

First things to do is check that the specification of the PSU is sufficient for the hardware installed

Keyboard Logitech Wireless K710 K400
Mouse Logitech Wireless MX Master M570 Trackball
PSU Aerocool Templarius Imperator 750W 80+ Silver
Case AeroCool X-Warrior Devil Red Tower
Cooling Stock CPU, Rear 120mm, Front 2x120mm, Side 2x120mm
Hard Drives Internal Crucial 256GB SSD, WDC WD30EZRX-00D8PB0 3TB, Toshiba HDWD130 3TB Seagate ST2000DM001-1CH1 2TB, External (USB3) Seagate Backup+ Hub BK SCSI Disk 8TB 2.5/3.5 Hot Swap Cradle, USB3 + eSata (client HDDs) NAS Seagate ST4000DM000
Internet Speed Orange Fibre Broadband 37Mb/s Down – 9.5Mb/s Up
Antivirus Bitdefender Total Security 2017 Multi-device
Browser Chrome (always run latest Non-Beta)
Other Info Also run. Desktop – 6Core 8GB – Windows 10 Enterprise x64, Laptop – Quad 8GB – Windows 10 Pro x64 Netbook – Ubuntu Not used often 😉 2 x Nexus 7 Android tablets Samsung 10.2 tablet + Keyboard and Logitech T620 Mouse Sony Z3 Android Smartphone HTC One Android Smartphone

Also having this problem

I am also having this problem. It’s happened 2 or 3 times so far (I got a new machine a couple of months ago) and it always happens when I am away and the machine is idle. At first I thought it was Windows Update but I have that set to not install without my telling it to do so. I looked at the Task Manager and figured out how long the system has been up, so I went to System Events and found the events after the reboot. I’ve got this message after it restarts:

The system has rebooted without cleanly shutting down first. This error could be caused if the system stopped responding, crashed, or lost power unexpectedly .

The first message after the reboot is at 11:40:32am and the previous message was at 10:17 so there is nothing obvious there (I guess it could show that it was not a clean shutdown since there are likely lost messages). I checked my C: disk for files modified around 11:40 to see if I could figure out what was going on when it rebooted. At 11:38, there is activity in
C:\Users\bill\AppData\Local\Microsoft\Feeds\FeedsStore.feedsdb-ms

Also FeedsStore.feedsdb-ms and Internet Explorer Suggested Sites

feed-ms in the same directory structure.

Obviously other files might have been updated right before the reboot but they’ve been updated since then.

I doubt this has anything that will help solve the problem but hopefully the next person who has it will add their information and maybe we can figure it out.

Quote: Originally Posted by MisterBill2

I am also having this problem. It’s happened 2 or 3 times so far (I got a new machine a couple of months ago) and it always happens when I am away and the machine is idle. At first I thought it was Windows Update but I have that set to not install without my telling it to do so. I looked at the Task Manager and figured out how long the system has been up, so I went to System Events and found the events after the reboot. I’ve got this message after it restarts:

The system has rebooted without cleanly shutting down first. This error could be caused if the system stopped responding, crashed, or lost power unexpectedly .

The first message after the reboot is at 11:40:32am and the previous message was at 10:17 so there is nothing obvious there (I guess it could show that it was not a clean shutdown since there are likely lost messages). I checked my C: disk for files modified around 11:40 to see if I could figure out what was going on when it rebooted. At 11:38, there is activity in
C:\Users\bill\AppData\Local\Microsoft\Feeds\FeedsStore.feedsdb-ms

Also FeedsStore.feedsdb-ms and Internet Explorer Suggested Sites

feed-ms in the same directory structure.

Obviously other files might have been updated right before the reboot but they’ve been updated since then.

I doubt this has anything that will help solve the problem but hopefully the next person who has it will add their information and maybe we can figure it out.

run the program and it will tell you why your computer crashed.

this has worked great for me.

Display Driver stopped working, will not reboot, restart loop
Hello, first time posting here, so be gentle, graphics card: ATI Radeon HD4870 x2 running on windows 7 x64 ultimate so i have had this problem before, basically i was browsing away and my whole pc froze, with a strange little box around my cursor, although the sound was still working, i.

Crash dump failed to initialize x2 on each reboot/restart
Friends I’d like to rid myself of this annoyance: on each startup/restart/reboot I get a pair of these errors, about 15 seconds apart. System is a P4 desktop, 4GB ram, conventional hdd, windows 7 ulti x64. appreciate your advice z

BSOD Help and Support

Monitor loses signal during reboot after install requiring restart
HP Pavilion Elite HPE-170t CTO Desktop PC HP 2509M Monitor connected with HDMI cable Windows 7 64-bit I bought this pc from HP in 2010. It ran perfectly until i got a virus a few months back and lost both hard drives due to corruption and had to start from scratch. I had a local.

Hardware Devices

Windows 7 reverts back to old wireless profile on reboot,restart,wake
😡 Windows 7 continues to revert back to the old wireless profile despite me deleting all old wireless profiles. Wireless adapter is Edimax EW-7128g, newest drivers for Windows 7 64bit First set up a WEP profile the usual manner by connecting using the bottom-right wireless networking.

Network Sharing

[REBOOT] Sudden Random Reboot and black screen at start up!
– x64; – the original installed OS on the system: Windows 7 fresh install; – full retail version; – What is the age of system (hardware): less than one year; – What is the age of OS installation: less than three months. Hello, this morning my elitebook 8540w suddenly rebooted and during.

BSOD Help and Support

On overheat/sleep/reboot BSOD flash and auto-reboot
I purchased my HP Compaq 8710p laptop from Purdue University in May of 2008. A little after that it was stolen from me. Thankfully I had it LoJack secured, and they were able to recover it in London. When I got my computer back, however, the Windows XP that it had come pre-installed with was.

BSOD Help and Support


Associates vs Bachelors #bachelor, #salary, #this, #with, #between, #degree, #earn, #years, #that, #associates, #bachelors, #difference, #same, #attained, #education, #takes, #thanks, #clear, #four, #someone, #possible, #doesnt, #nursing, #told, #school, #fall, #about, #asked, #recently, #there, #starting, #skeptical, #little, #true, #seem


#

Associates vs Bachelors

Hi hpatel84,
to Allnurses!

You will want to check into schools that have accelerated BSN programs and make sure you have the necessary pre-requisites (e.g. A P, microbiology, statistics, nutrition, etc.). Sociology is one of the pre-reqs, so you’ve got that covered!

Next, you should see what else the school requires in addition to pre-reqs and undergrad GPA. Some schools require the GRE or another standardized test. Some will require you to write an essay or submit letters of recommendation.

Let me know if you have any other questions! I am currently in an ABSN program.

Oh thank you so much for answering those questions! I have some other questions too! What are they looking for inparticular regarding schools in nursing and do you think it is a good idea to maybe try a Associates also just so I dont’ waste time. Have you heard of anything about how easy or hard it is to get into a Asociates-BSN program, i think its like an RN-BSN program or would that just be a waste of time?

You’re welcome, Hetal.

– Different programs look for different things. For example, one of the main criteria for an accelerated BSN program would be that you would have to have a bachelor’s degree in a non-nursing field. A 3.0 undergrad GPA is also usually the norm for these programs.

– I am not sure what the exact requirements are to get into an ADN program (associate’s in nursing). I hear these have waiting lists sometimes.

– Since you already have a bachelor’s degree, you would be an eligible applicant for an accelerated program. You could also go for your ADN (associate’s in nursing) and then do a bridge program (RN-to-BSN). You would definitely need your BSN if you want to become a CRNA.

Hi everyone!
I am a Georgia resident, currently working on a four year degree, but would like to switch to the field of nursing. I am planning on completing a CNA course this month, then do my LPN. The problem I am having is the prequisits. I have just two of them and would like to start the LPN course shortly after. Does anyone know of any accredited online courses that I can take to avoid these waiting list? I am engaged to be married soon and do not have a lot of time to wait around as I will have a family to support.
Thanks

Last edit by sudlow8 on May 28, ’08

You could also go for your ADN (associate’s in nursing) and then do a bridge program (RN-to-BSN). You would definitely need your BSN if you want to become a CRNA.

*** Not necessarily. A bachelors degree IS required for CRNA school but lots of schools accept degrees other than a BSN. You could go to CRNA school with an ADN and a bachelors in something else. My best friend just left for CRNA school. He has an ADN, a BS in biology and will graduate CRNA school with an MS in biology.
A BSN may be a better bet though.


Is There Sales Tax on a Vehicle Trade? #car #rentals #cheap


#used car trade in value
#

Other People Are Reading

Resources

To find out about your state and area’s tax rules and charges, call your state motor vehicle department or visit its website. Or ask the dealership you’re purchasing from. Dealers are authorized to collect all applicable state taxes, motor vehicle fees and inspection or emissions costs. You may find that your state recognizes your trade-in as a tax deduction, which you can use to your advantage when budgeting or determining a loan amount. You may not have to provide as much of a down payment as you originally thought.

Used Car Purchase

In states that offer a tax deduction when a trade exists, expect to receive your discount from the vehicle’s total sales price when purchasing a used car. A new car’s actual sales price is viewed differently by each state, but that’s not so for a used car purchase. So if you purchase a used car from a dealership that costs $10,000 and have a trade-in worth $3,000, you’ll pay taxes on $7,000 instead. If your area’s tax rate is 10 percent, you’ll save $300 on tax charges.

New Car Purchase

Some states recognize a new car’s taxable price as the manufacturer’s suggested retail price, or MSRP, without regard to rebates. If you purchase a $25,000 vehicle with $5,000 in rebates, your taxable price is still $25,000. You can then subtract your trade-in value from the MSRP before applying tax. States that don’t recognize the rebate as a reduction in taxable price will often honor a dealer discount. For example, if a dealership took $2,000 off the MSRP of the same vehicle, you can subtract your trade-in value from $23,000 before applying tax charges. After adding the tax amount, you can deduct the rebate.

Financed Trade-In Vehicle

Sales tax is based in most states upon the new vehicle’s selling price minus your trade-in’s value. A trade-in vehicle with an active loan is no different. If you owe $15,000 on a vehicle that has a trade-in value worth of $12,000, you’ll apply the extra $3,000 toward your total purchase price or amount financed. Your dealership must pay off your previous loan to take ownership of your trade-in. Even if your purchase price increases because of your loan’s payoff, you won’t pay taxes on the excess loan amount or total purchase price.


Is it really cheaper to buy a car online? When you buy a car online is there a drop off in service from the dealer (Car Buying True Market Value (TMV)) #selling #my #car


#buy car online
#

tony78 05/29/08 11:43 am PST

Edit Answer (for another -12 minute)

My feelings on buying a car on the internet are this. The internet is a good place to start and and try and get a good price and once you find the car you want you could negotiate a deal on line, but at some point you have to physically go into the dealer and pickup the car and that is where the real buying experience starts.

Now on line you may be able to read about the cars features, specs, performance and handling, but there is one thing you can’t do, at least not at the present moment is to see how the car fits. Now thats where you need to slide behind the wheel, pop open the trunk, lift the hood, and take it out for a test ride and roll on the throttle and see how that baby rides. The truth is most guys are touchy-feelie and we want to press buttons, work controls and move levers and once you sign the papers you have to drive off the lot.

What it comes down to is this. you can window shop all day long,,but if the shoe won’t fit,,why would you wear it ?

As for the dealer servicing a car that is not thiers,,dealers do not own cars,,all dealers do is provide an avenue for manufacturers to sell thier wares.


Are There Car Loans for People with Bad Credit? #car #sales #brisbane


#bad credit car loan
#

Are There Car Loans for People with Bad Credit?

Advertiser Disclosure September 19, 2013 by Gerri Detweiler

In many parts of the country, a car or truck is a necessity. Unless you ve managed to save enough to pay cash for your next vehicle, you ll have to get an auto loan. But what if your credit is bad? Can you even get a loan?

There are car loans for people with bad credit, but you need to be careful when shopping for one to make sure you aren t overcharged.

If you re looking for a bad credit auto loan, the first step is to check your credit report and scores. This step is critical, because one of the reasons auto shoppers overpay for these loans is because they think their credit is worse than it is, and they settle for whatever they can get.

You can check your credit scores and get an easy to understand overview of the information in your credit report for free once a month at Credit.com. In addition to your score, you will see what factors are having the most impact on your scores.

There s another reason to check your free credit reports: you may find mistakes on your credit reports that, if fixed, will help boost your credit scores. If possible, give yourself at least thirty days to dispute credit report mistakes before you start car loan shopping.

After you have checked your credit and fixed any errors, it s time to start shopping for an auto loan to see what is available.

Be smart about your credit while you are shopping for an auto loan. Every time a lender pulls your credit report, it creates an inquiry on your file, and these inquiries can hurt your credit scores. Most scoring models will count auto loan inquiries with a certain window usually 14 45 days as a single inquiry. To be on the safe side, then, limit your auto loan shopping to a two-week period to avoid damaging your credit scores even further.

Know Your Score Before You Apply Get your free Credit Report Card and see what the banks will see before you apply. See your credit score & learn ways to improve it. It’s free & updated every 30 days.

More Ways to Save Money On Auto Loans

If your credit is poor, you may have to pay a higher rate until you can improve your credit scores. But even then, there are things you can do to save money:

Choose a shorter term loan. A 3-year loan will typically carry a lower interest rate than a 5-year loan. Plus you ll save money by paying off the loan faster!

Buy a newer vehicle. Loans for used vehicles are usually more expensive than those for new vehicles. It goes without saying, though, that if you find a really good deal on a used auto, consider it. You can still come out ahead, even with a higher interest rate.

Don t load up on extras. The dealer will probably try to convince you that you to spring for extras like rustproofing, paint protection, VIN etching and more. They ll probably point out that these extras will just add a few dollars to your monthly payment. That may be true, but over time, those extra dollars really add up.

Bad Credit Auto Loans to Avoid

There are numerous traps that cause auto shoppers to overpay by billions of dollars, according to the Center for Responsible Lending. These include:

Loan markups. Dealers may profit when they steer consumers into higher cost loans.

Yo-Yo Financing. You take the vehicle home with you before the paperwork is finalized. Then the dealer tells you that you are stuck with a higher rate, or adds additional costs.

Loan packing. You are pushed into getting other services you may not need such as credit insurance, rustproofing, etc. Keep in mind that none of these extras are required. In the case of credit insurance, if you die before the loan is repaid, your heirs may be able to sell the vehicle or assume the payments, but they are not personally responsible for the loan unless they are a cosigner or they are your spouse and you live in a community property state.

Buy here, pay here car dealers. These dealers advertise loans regardless of credit history. The rates can be extremely high and the quality of the vehicles can be iffy. Many times these vehicles are repo d, only to be sold to another buyer.

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.


Are There Car Loans for People with Bad Credit? #auto #loans #for #people #with #bad #credit


#auto loan
#

Are There Car Loans for People with Bad Credit?

Advertiser Disclosure September 19, 2013 by Gerri Detweiler

In many parts of the country, a car or truck is a necessity. Unless you ve managed to save enough to pay cash for your next vehicle, you ll have to get an auto loan. But what if your credit is bad? Can you even get a loan?

There are car loans for people with bad credit, but you need to be careful when shopping for one to make sure you aren t overcharged.

If you re looking for a bad credit auto loan, the first step is to check your credit report and scores. This step is critical, because one of the reasons auto shoppers overpay for these loans is because they think their credit is worse than it is, and they settle for whatever they can get.

You can check your credit scores and get an easy to understand overview of the information in your credit report for free once a month at Credit.com. In addition to your score, you will see what factors are having the most impact on your scores.

There s another reason to check your free credit reports: you may find mistakes on your credit reports that, if fixed, will help boost your credit scores. If possible, give yourself at least thirty days to dispute credit report mistakes before you start car loan shopping.

After you have checked your credit and fixed any errors, it s time to start shopping for an auto loan to see what is available.

Be smart about your credit while you are shopping for an auto loan. Every time a lender pulls your credit report, it creates an inquiry on your file, and these inquiries can hurt your credit scores. Most scoring models will count auto loan inquiries with a certain window usually 14 45 days as a single inquiry. To be on the safe side, then, limit your auto loan shopping to a two-week period to avoid damaging your credit scores even further.

Know Your Score Before You Apply Get your free Credit Report Card and see what the banks will see before you apply. See your credit score & learn ways to improve it. It’s free & updated every 30 days.

More Ways to Save Money On Auto Loans

If your credit is poor, you may have to pay a higher rate until you can improve your credit scores. But even then, there are things you can do to save money:

Choose a shorter term loan. A 3-year loan will typically carry a lower interest rate than a 5-year loan. Plus you ll save money by paying off the loan faster!

Buy a newer vehicle. Loans for used vehicles are usually more expensive than those for new vehicles. It goes without saying, though, that if you find a really good deal on a used auto, consider it. You can still come out ahead, even with a higher interest rate.

Don t load up on extras. The dealer will probably try to convince you that you to spring for extras like rustproofing, paint protection, VIN etching and more. They ll probably point out that these extras will just add a few dollars to your monthly payment. That may be true, but over time, those extra dollars really add up.

Bad Credit Auto Loans to Avoid

There are numerous traps that cause auto shoppers to overpay by billions of dollars, according to the Center for Responsible Lending. These include:

Loan markups. Dealers may profit when they steer consumers into higher cost loans.

Yo-Yo Financing. You take the vehicle home with you before the paperwork is finalized. Then the dealer tells you that you are stuck with a higher rate, or adds additional costs.

Loan packing. You are pushed into getting other services you may not need such as credit insurance, rustproofing, etc. Keep in mind that none of these extras are required. In the case of credit insurance, if you die before the loan is repaid, your heirs may be able to sell the vehicle or assume the payments, but they are not personally responsible for the loan unless they are a cosigner or they are your spouse and you live in a community property state.

Buy here, pay here car dealers. These dealers advertise loans regardless of credit history. The rates can be extremely high and the quality of the vehicles can be iffy. Many times these vehicles are repo d, only to be sold to another buyer.

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.


Is it really cheaper to buy a car online? When you buy a car online is there a drop off in service from the dealer (Car Buying True Market Value (TMV)) #suvs


#buy car online
#

tony78 05/29/08 11:43 am PST

Edit Answer (for another -12 minute)

My feelings on buying a car on the internet are this. The internet is a good place to start and and try and get a good price and once you find the car you want you could negotiate a deal on line, but at some point you have to physically go into the dealer and pickup the car and that is where the real buying experience starts.

Now on line you may be able to read about the cars features, specs, performance and handling, but there is one thing you can’t do, at least not at the present moment is to see how the car fits. Now thats where you need to slide behind the wheel, pop open the trunk, lift the hood, and take it out for a test ride and roll on the throttle and see how that baby rides. The truth is most guys are touchy-feelie and we want to press buttons, work controls and move levers and once you sign the papers you have to drive off the lot.

What it comes down to is this. you can window shop all day long,,but if the shoe won’t fit,,why would you wear it ?

As for the dealer servicing a car that is not thiers,,dealers do not own cars,,all dealers do is provide an avenue for manufacturers to sell thier wares.


Is There Sales Tax on a Vehicle Trade? #used #car #search #engines


#used car trade in value
#

Other People Are Reading

Resources

To find out about your state and area’s tax rules and charges, call your state motor vehicle department or visit its website. Or ask the dealership you’re purchasing from. Dealers are authorized to collect all applicable state taxes, motor vehicle fees and inspection or emissions costs. You may find that your state recognizes your trade-in as a tax deduction, which you can use to your advantage when budgeting or determining a loan amount. You may not have to provide as much of a down payment as you originally thought.

Used Car Purchase

In states that offer a tax deduction when a trade exists, expect to receive your discount from the vehicle’s total sales price when purchasing a used car. A new car’s actual sales price is viewed differently by each state, but that’s not so for a used car purchase. So if you purchase a used car from a dealership that costs $10,000 and have a trade-in worth $3,000, you’ll pay taxes on $7,000 instead. If your area’s tax rate is 10 percent, you’ll save $300 on tax charges.

New Car Purchase

Some states recognize a new car’s taxable price as the manufacturer’s suggested retail price, or MSRP, without regard to rebates. If you purchase a $25,000 vehicle with $5,000 in rebates, your taxable price is still $25,000. You can then subtract your trade-in value from the MSRP before applying tax. States that don’t recognize the rebate as a reduction in taxable price will often honor a dealer discount. For example, if a dealership took $2,000 off the MSRP of the same vehicle, you can subtract your trade-in value from $23,000 before applying tax charges. After adding the tax amount, you can deduct the rebate.

Financed Trade-In Vehicle

Sales tax is based in most states upon the new vehicle’s selling price minus your trade-in’s value. A trade-in vehicle with an active loan is no different. If you owe $15,000 on a vehicle that has a trade-in value worth of $12,000, you’ll apply the extra $3,000 toward your total purchase price or amount financed. Your dealership must pay off your previous loan to take ownership of your trade-in. Even if your purchase price increases because of your loan’s payoff, you won’t pay taxes on the excess loan amount or total purchase price.