Photo by Gustavo Fring via Pexels If you have ever purchased a car or home with a loan, you might be familiar with the concept of refinancing. When you refinance something, you typically pay off your existing loan balance with an entirely new loan with more favorable terms, such as a lower interest rate. Doing this can save hundreds— if not thousands— in interest payments over the life of your loan.

Source: Pixabay Leasing a vehicle is a great way to get a new model every few years with the benefit of having routine covered maintenance and a lower down payment. Car dealerships and ownership groups effectively let customers drive their vehicles for some time but generally with stricter leasing regulations than they would be than someone buying a car for cash or with a trade-in vehicle because of its higher risk.

Source: Pixabay Once a dominant icon in the sports utility segment, the Ford Bronco was sadly discontinued in 1996. In 2021, the infamous Bronco returns with a vengeance and a clear purpose of unseating the dominant Jeep Wrangler and shaking up the SUV segment. According to critics and customers alike, the new Bronco generation is excellent in more ways than one. Are you looking to get behind the wheel of the new Ford Bronco?

Nissan Rogue by Kevauto — CC-BY-SA-4.0 The Nissan Rogue is a compact crossover SUV that many love to drive. If you are thinking about investing in this car, you might be considering the varying purchasing options available to you. One of the most popular is leasing. What do you need to know about leasing a Nissan Rogue? Read on to learn more about leasing a Nissan Rogue. There are both pros and cons that go into this investment.

You don’t always know where your life will take you, which means you don’t always know if the car you just leased will be the right one for you a few months or years down the line. A lot can change before the end of the typical leasing period of 12, 24, or 36 months— and if you need to lease something else, it’s good to know your options. Whether your family goes from needing a sedan to needing a minivan or you get that big promotion and want to treat yourself, there are a few things you need to know about trading in your current lease towards a new lease.

Source: Pixabay Car shopping and borrowing money go hand in hand. About 85% of new car buyers will use some form of financing, according to Experian. For used cars, financing is involved in 55% of these transactions. So whether you are new to car buying and want to know how do auto loans work or could use a financing refresher, read on as we review important information and suggest some car loan hacks.