Auto Finance Blog | myAutoloan Blog

If you are thinking about purchasing a new car, chances are you are also thinking about automobile loans.  Although purchasing a car outright in cash can save money on interest, it is very rare for someone to have $15,000 to $30,000 in cash lying around to splurge on a new car.  At the same time, [...]

Unless you are buying a used car from a dealership that offers its own financing or has a special relationship with a bank, it may be tough to find good used car loans for certain vehicle purchases. This is especially true for custom vehicles and inexpensive used cars, especially if the transaction is owner to [...]

Whether you are about to embark on the journey to car ownership for the first time, are adding a second family vehicle or are upgrading your vehicle of choice, chances are you are going to need some financing.  Rather than step into the dealership and fill out all the forms they toss your way, you [...]

Many people approach the purchase of a new or used car as they would a large appliance. They need it, they shop around a few days, they sign some paperwork and the whole thing is done. That is, the purchasing is done. The payments will continue for up to five or six years! If you [...]

If you have ever dealt with new car loans, you know that the paperwork involved can require a degree in accounting to understand. Sometimes, it does not even seem the salesperson understands the technical aspects of the financing. Other times, the financial office representative at the dealership understands completely, but does not seem to be [...]