Welcome to Your New Go-To Destination for Financial Knowledge
Designed to be your compass, providing expert insights, success stories, and tips to
navigate the intricate landscape of auto loans.
Proposed Car Loan Interest Tax Deduction Could Benefit Many
In an effort to boost the sale of vehicles made in the USA, a new GOP tax proposal could allow car buyers to deduct up to $10,000 of interest paid on their car loans from their taxes. President Donald Trump anno...
6 Key Signs You’re Being Offered a Risky Auto Loan and How To Avoid It
Buying a car can be exciting, but it can also get confusing—especially with all the paperwork, fees, and financing options involved. Auto loans are often necessary for many buyers, but not all...
Good News for Electric Vehicle Owners Who Missed Out on Tax Credits
In a recent update, the IRS has come up with a solution for electric vehicle (EV) buyers who didn't get their tax credits. This decision comes after reports that some people missed out on these savings ...
Big News: Some States in the U.S. Now Let You Use Digital Driver’s Licenses
The trend of going digital has reached official documents in the U.S., and driver's licenses are one of them. What this means is that you can now have your driver's license in your phone o...
Why Some Electric Vehicle Buyers Didn’t Get Their Tax Credits This Year
When Kristina Meier bought her plug-in electric minivan last September, she thought claiming the $7,500 federal tax credit would be straightforward. Despite carefully reading all the IRS docu...
The Best Interest-Free Car Deals Available This Month
If you're shopping for a new car, a 0% APR financing offer might be one of the best ways to save money. These deals let buyers pay for a vehicle over time without adding any interest to the loan. While they’...
The Unseen Expense of Buying a New Chinese Car
When you buy a new car from China, it might lose its value quicker than cars from Korea or Japan, especially if you're in Vietnam. A study found that MG cars, a brand from China, can lose between 24% to 33% of their valu...
A Quick Guide to Understanding Popular Auto Loan Relief Options
The pandemic has wrought significant economic upheaval, compelling lenders to revisit their policies and extend support to borrowers struggling with financial obligations, including auto loans. In this dyn...
Volkswagen Introduces New Fee for Imported Cars in the U.S.
Volkswagen, the car manufacturer from Germany, has informed its American dealerships that it will be adding a new "import fee" to the prices of its cars brought into the U.S. This change is set to begin l...
