Check to make sure your policy deductibles are not too low. The specifics of your policy and deductibles play a major role in your monthly payment. Do the math, if the difference in your payment is collectively more than what your deductible is over a year and you haven't had an accident in 12 years, chances are you would better changing to a higher deductible to benefit from a lower payment and saving the difference.
Shop The Premium Creep
Consumers who have remained with the same insurer for several years are likely to see their premium costs creep up on both auto and home insurance policies. It Is always best to keep your current company honest with comparing your rates with others in the industry. You can do that easily by clicking HERE.
State Driving Course
Some states, younger drivers are also able to take driver safety courses that will lower premiums. Overall, it doesn't hurt -- and might very well help! If you live in New York, You can find out more information HERE.
So you want to shop for cars? Congratulations! But there is one problem you might run into. 90% of the car-sales people youre going to meet on your purchase journey, only want to sell you what benefits their pockets. How do we avoid this? Great Question right? And I'l answer it shortly...
If You Don't Like The Song, You Have To Change The Station. Stop The Madness, There Are Easier Ways Than Running Around To Dealerships.
Easiest: Let professionals handle your application. Running to a dealership limits your resources and limits you to that dealership only. Car Credit Ninja utilizes a network of dealers with unlimited resources to effectively get you the best approval and vehicle combination no matter your credit situation. Use us or not, but whatever you do, use a company that has built a trusting network to get a safer vehicle fast. Don't waste time at more dealership, use a network. You can get all the details and get options FAST by Clicking Here
Best: Save, Save, Save. The larger the down-payment (including a trade-in) will highly increase you odds of getting a better approval. Did you know that Credit Ninja Takes Trade-ins regardless of condition. Typically as long as it has "metal and a title" you will see at least $1000 credit towards a new vehicle. This Will dramatically increase your chances of getting a GREAT approval. Click Here to get a free quote and find out what you qualify for at no obligation.
Last: Buy-Here-Pay-Here Options will get you into something a little newer, The down side is they usually have higher miles, and most are not reported to credit report agencies to rebuild your credit situation. Click Here to find out if your only option is to use a Buy-Here-Pay-Here to get a newer vehicle.
When car shopping, you may begin with the question: Should I buy a foreign car or domestic car? If you do some general research online, you may find that most recommendations would point you in the direction to buy a foreign car. That has seemed to be the overwhelming opinion of most for decades. I’d like to compare the ethnicity of other vehicles to American vehicles. And provide some information that would encourage you to develop your own opinion based on real data, and not just what might seem like the bias opinion of others. Before we compare these two markets, let me give you a little context.
Beginning with the introduction of henry fords model-T in 1903, the auto industry would never be the same. Although it took a while for European countries to let horse and carriage go and get into the Us market themselves, it wouldn’t be long before they were competing for sales to the richer demographic starting in the 1930’s (wheelsTV, YouTube channel) , eventually with the later introduction of the first Japanese car in 1959 (Toyopet sedan catalog, pg . Cover). This would give birth to an ongoing battle for place of hierarchy in the world’s automotive industry. Ford’s story is one the most iconic American stories, and if his product had any reflection of his name, it would be hard to move him out of that leading position for as long as he was alive.
Throughout the first 50-60 years of U.S. auto sales, several American companies, especially General Motors, would keep Ford motivated by their hunger to take his spot, and offer the perception of better value to the U.S. market. But it wasn’t until the 60’s That not only ford would be in trouble, but the entire Domestic auto industry. They would soon feel the pressure from Foreign auto makers. Over-sea’s manufactures where strongly drawn to the U.S market. Now, as more developed auto manufactures, it was only a matter of time before they would come and try to dominate the market.
Since the early 60’s, and the beginning of foreign car market, gave birth to the question: Which vehicle should I buy, Foreign or Domestic? With Japanese and German manufactures marketing the first imported car as value driven. In hind sight, this seemed to be a great marketing strategy to gain market share because they knew there was a demand from the lower-class people who couldn’t afford the nice cars Ford and GM where selling. In contrast to the now established luxury market that the domestic manufactures currently lead, U.S citizens questioned foreign quality. With gearing their cars to the middle lower class, offering a very low price on basic cars, this proved controversial at first but ultimately effective. Year over year sales grew and stole market share that was flooded with the American full-size, full-featured, high priced vehicles that only the more well off citizens could afford. European, Japanese and American manufactures marketing strategies worked, compared to the sliver of the market American manufactures held.
It’s obvious as time went on, foreign manufactures found their niche with in the US market. Asians filled in the gap to provide a more affordable family sedan and Europe’s manufactures offering sportier and more exhilarating vehicles to drive. While domestic manufactures continued to appeal to the lazy, more well off sector of the population, making large, luxurious comfortable rides, which ultimately proved detrimental in later years as the tables would eventually turn, as people would eventually prefer foreign over domestic by a land slide, due to market share growth with cheap, reliable cars. I guess with the introduction of foreign cars, we would now have the full spectrum of options available to us for the time being, until foreign manufactures decided to enter the luxury market as well.
Looking back, domestic manufactures had some “rough roads” in keeping market share in the US compared to foreign manufactures, which allowed people to draw their own conclusion of which is the better buy. It appears, in the beginning of competing with foreign auto makers, Domestic auto manufactures had a hard time trimming the fat of the luxury line up, cutting corners to make their vehicles less expensive to compete and hold market share proved devastating. And would earn Domestic brands a less than appealing history that would affect future sales. And give the opportunity for foreign auto makers to completely engulf the market, leaving no domestic brand having its own niche.
Which is why most people recommending foreign vehicles over domestic when it comes to dependability and overall value. Because they have been constantly gaining market share since they entered the U.S market. But this idea may be outdated. Yes, the data proves otherwise. As of 2014, on an overall manufacture level, J.D. Power’s Vehicle Dependability Study shows major improvements made by American automakers. Four Domestic brands placed in the top 10. Equal to Japanese brands, four in the top 10 also, and then two European brands rounding it out. So, although most the market still has a bad taste in their mouth form previous years, it seems that domestic brands are making a come-back. Especially General Motors with eight segment awards, more than any other automaker in 2014 but with Lexus holding the very top spot for dependability. (J.D Power’s VDS 2014)
As sales of foreign vehicles grow because of the perceived reputation, supply and demand kicks in and forces prices up, domestic automakers are forced to drop prices and in affect gain market share. We saw this originally with the entrance of foreign manufactures to the US market in the 60s. and so goes on a continues long term vicious cycle of supply and demand changing market shares, cutting costs and ever fluctuating quality amongst both suppliers.
The numbers, done by professionals, put domestic manufactures even in terms of dependability, reliability and units sold compared to foreign manufactures. I think it’s a matter of opinion at this point, and most importantly educating yourself on what to expect from curtain manufactures and what their ethnicity would specialize in. If I wanted a sports car I wouldn’t buy a truck, and it most definitely wouldn’t be a European truck. If I needed to move dirt, I wouldn’t buy an American sports car. And although they are both fruit, if I was craving an apple, I wouldn’t buy a pear and expect it to taste like an apple, just because the pear was 4 cents cheaper. I think it is up to people to educate themselves on what fits their needs from a practical standpoint, because of course there are cheap sports cars out there, but if you go buy a Chevy and expect it to perform like a Ferrari, you are going to be disappointed. Because you always get what you pay for. And blaming a manufacture for your mistake in purchasing the right vehicle for your needs, and expectations, and trying to save a few bucks, might just be the old opinion and formed mindset that has given the domestic brands a bad name.
A little secret on how to get financed with terrible credit. Maybe you don’t have terrible credit but you just want a lower interest rate and finding a specific car isn’t very important. Your just want a good car at a better value.
If your main concern is finding a low mileage vehicle that is reliable, your half way there. Sometimes my clients don’t realize that the bank is more likely to approve the loan biased newer model years, lower miles, and book value is higher than the amount you seek to barrow. THE BANK WILL APPROVE YOU IF YOU ONLY NEED TO BORROW $10,000 FOR A CAR THAT IS WORTH $12,000!!
So how do we do this without putting money down? Buy a car that few people want, or cars you can buy cheap. Ninja researches these options to save you time. Although demand may be down on a car because of color, or make and model at the time, doesn’t mean that you won’t love the car and will be a great car for you and your family. It’s a hell of a lot better than your 1996 Chevy Lumina that’s about to break down!
Here is a list of vehicles you are more likely to find available that cost less than they are worth giving you a higher chance of getting approved or just rewarded with a lower interest rate because you are financing less than the car is worth with no money down! No one likes wasting time at dealers, I hope this helps makes your car shopping experience more enjoyable.
If you found this article to be helpful, please like it and share it with people who you think it would help. Visit www.creditninjanow.com/contact with any questions.
2013 – 2015 Nissan Altima S
2012 -20015 Chevy impala LS GOLD
2011 – 2016 Kia Optima LX
2011 – 2016 Hyundai Sonata GLS
2010 – 2013 Suzuki Equator
2012 – 2016 RAM 1500
2010 - 2014 Nissan Rogue
2010 – 2014 Toyota CRV
2010-2014 Nissan Quest
2010-2015 Dodge Caravan
2010-2014 Kia Sedona
More that 80% of Americans have not-so-perfect credit, according to Experian’s 2015 VantageScore 3.0. This means you have to be careful when picking the right finance options to avoid paying too much. If you are vehicle shopping, you're probably already worried about paying too much as it is... As you should be.
Here's the thing: different banks have different program guidelines for specific vehicles. Finding the right bank with the lowest cost program for a vehicle you have already picked out is like ordering food without a menu. You may get them to make the dish you ordered but you should keep your fingers crossed on the quality and if the bill will be affordable, because "custom" always come with a premium.
Credit Ninja gets you the best financing options first, then after they get their menu of guidelines, they know which vehicle options will qualify for the lowest rates.
Saving you thousands. Become a Credit Ninja. At creditninjanow.com
This seems like a simple concept, but I think some people have a hard time understanding this first easy step to repairing your credit that could give you the momentum you need to actually do it and live a better quality of life...
Too many people are ruining their credit. We don't keep eating food that makes us sick do we? No, we change our diet.
Just like changing your eating habits to avoid getting sick, we must change our spending habits to avoid bad credit.
Do you find yourself taking whatever it is that is in front of you even if you don’t need it?
Its Okay, we all do it. And most of us don’t consider the long-term consequences of this terrible habit of not planning until its too late and the damage has already been done. This soon catches up to us once our income is down and our bills are behind. Our only option is to conveniently forget about the student loan payment or credit card payment we obligated ourselves to when things where a little better when income was a little higher. This develops a bad habit.
It's Only Habit
Really, it all boils down to habit. Meaning its only habit! And if you’re reading this and you're like me, you may have already reached the point in your life where these bad habits caught up to you and destroyed your credit. Here is the positive side to a bad situation: As we struggle to live with bad credit and no savings, we forced to develop good spending habits. As we continue to work harder and get better at our jobs to provide for our family, the income goes up. If you have enough discipline to not let your spending go up, you can save it and catch yourself up, and be a better provider for your family teaching your children the value of positive spending habits, instead of pretending to be rich. Plan everything, think of the future effects of you making the decision, every decision you make. This will develop good planning habits.
What takes more work? Researching and developing good habits? Or living with bad habits and bad credit?
Yes, this may take a little bit of work to track your money and plan where to spend it. But I promise it wont take as much work it takes to survive when we are broke and dodging bill collectors, pretending we are not in this situation. If you want nice things, and not to pretend to be rich, we will take the time to develop spending habits. As you practice it will get easier. seeing the results of make the decision to build your wealth and get the things you want without worrying about losing it. People change their habits every day, why not you?
About Credit Video
7 Seven Simple Steps to Develop Good Habits
How To Budget For Beginners: A 6-Step Guide
Life is complicated enough, why don’t we simply one thing: the car-buying experience.
Everyone knows that life can get a little hectic sometimes. So, who has the time to go to a dealership, with the hopes of a knowledgeable professional, only to meet one who will disappear for 30 minutes after greeting you. Unfortunately, they will likely not give you an honest answer about what the competition is offering. However, Car Credit Ninja will always be honest, and solve that problem for you. Here’s how.
The dedicated team at Car Credit Ninja will shop the best advertised deals, no matter the brand, to give you the best possible program for the vehicle you want, from dealerships in your area. We can connect you to a hand-picked, true, sales professional who will value your business and answer your pricing questions without excuses. The days of high-pressure are over, as we are here to make your car-buying experience more efficient and enjoyable, by changing up the process. You will not be sorry.
To quote a cliché car salesperson, “here’s the bottom line:” Car Credit Ninja offers you four simplifying factors to making your car-buying experience much more enjoyable, and much more effective.
First, it is a one-phone-call solution to your trade-in vehicle appraisals. Secondly, there are comparative, bottom-line vehicle pricing. Third, auto insurance solutions. And lastly, highly certified sales personnel that is hand-picked to make you their priority, as they take their craft seriously. To top it all off, we offer obligation-free home delivery to bring your car to your doorstep with the paperwork ready for signing (if you choose to keep the car!).
Some of the world’s richest people shop for cars in this way, therefore, you should too.
We are focused, and dedicated to main-streaming this process.
Get your answers now. With one phone call.
Call Credit Car Ninja now.
Tired of visiting dealerships? Let us show you how to get a vehicle purchase done fast and affordable. Click HERE to get options right away, just a few questions to save you time and money.
(1) Get an approval; (2) Select a vehicle baised on the guidelines of the lender.
First realize you are not alone if you are in this situation. Over 50% of the country is suffering from below-average credit, making it difficult to purchase a safe, and affordable vehicle when you need it the most. Lenders no longer allow people to borrow more than they can afford, which may be why you are here to being with.
In the past, you were able to find a vehicle you liked, sign paperwork, and drive off. Allow me to explain why you may be having a difficult time securing your finances nowadays.
Unfortunately, lenders can no longer loan consumers more money than a car is worth, especially with below-average credit. Companies changed their ways because others may have defaulted on their loan, and the lenders had to take the car back, to sell at auction. There, they would only recover a small percentage of what they advanced on the car, to allow you to purchase it, resulting in a loss for the bank. Therefore, they are minimizing their loss, by lending you less money.
Tom, who works 40-hours a week, would like to buy a car. He is able to afford a car payment of a couple of hundred dollars, however, he does not have enough money to put down in advance.
After spending several hours, at different dealerships, Tom finds his dream car- a Toyota!
(Or so he thought…)
While Tom believed his car was great, the bank did not. By using Kelly Blue Book values, the bank discovered that Tom’s car of choice is worth $15,000.
As Tom has below-average credit, He had trouble searching for a bank to approve him. Finally, the bank that did, only allowed him a max-loan of 80% the Kelly Blue Book value, and only if the car has less than 50,000 miles on it.
The bank would like to help Tom succeed, unlike his past ventures, and they understand the difficulties of buying a car with higher mileage. Cars with higher mileage have a greater chance of breaking down, regardless of the fact that Tom may be a mechanic. Now, in this situation, Tom may be forced between making a car payment, or fix his car. Tom may only have enough money to get his car fixed, one month, which would put him back on his payments.
Why it never works!
Based on the 80% of the $15,000 the car is worth, Tom acquires a loan amount approved for $12,000. Alas, leaving an unpaid balance of $3000, not including tax. As Tom now has to put $3000 in advance, this plan does not work… What should Tom do?
Continue to visit different dealerships, in hopes of finding another “perfect” car he would not be able to afford?
Tom would call the company that can offer him guaranteed vehicle options immediately.
Guaranteed Vehicle Options Program
You guessed it! Tom put in his application HERE
After discussing Tom’s situation, and future goals, he submitted an application with us, a specialized department specifically designed to help people rebuild or establish auto credit. Tom was approved for the 90% loan-to-value. However, we found his approval first, and next we found his dream car shortly thereafter!
Car Credit Ninja did the math, and the search! In order to find Tom the Toyota he wanted, it was necessary to find one for sale for less than the 80% of its worth. We found Tom a great deal on a Toyota at a dealership 120 miles away from his home. Tom saved time and money on searching for a car that is for sale at 20% discount.
Tom received detailed pictures, 3rd party condition reports, and did not have to sign any paperwork until he drove the car and agreed to everything by his own terms.
Tom had the car delivered to his home, arriving only a few hours later. Now, he is on his way to rebuilding his credit because of a simple, educated and practical decision.
Tom is a valued customer. We love Tom.
Get options now, Click HERE to fill out a short form and a representative will call you right away with options!
Car Credit Ninja will offer a special rate discount and a Guaranteed Auto Loan Approval Program in exchange for Mandatory Loan Education Program before you apply for your vehicle options. In other words; We will find you the best finance and vehicle options guaranteed but you have to take a one-hour class and test educating you on the effects of high interest loans, inequity and an over extended budget risks.
Some would say the auto industry has taken advantage of people from time to time. Since 1919 General Motor Acceptance Corporation also known as GMAC financed the first $850 automobile ($20,141 equivalent to the 21st century) for the middle class family with 35% down and monthly installments till paid off within a one-year term. Now, you have options to finance up to 140% of what the vehicle is valued with $0 down over the course of up to 7+ years! This makes buying a vehicle affordable, sure. But this also leaves room for dealers to take advantage of big “spreads” of numbers and over charging clients, putting them in bad financial situations just because the opportunity to make a larger profit is there. On the other hand, as American culture has allowed us (The American Dream) to take, take, take the BEST of whatever it is that is in front of us and not think twice, regardless of whether we can afford it or not. So that being said, Who’s wrong?
Car Credit Ninja will implement an Auto Credit Class in hopes to educate each one of its clients of all the responsibly and risks that comes with using a loan to purchase a vehicle. If this class is passed successfully, they will be rewarded with the best finance options that are available to them given their current situation. Proof will be given in a “Truth in lending statement” minus one point in interest rate reduction once approved. A great incentive and opportunity to be educated on a financial decision almost every American will confront several times in their lives, but otherwise might not ever learned not being offered the knowledge. Stay tuned for the class release date!