How artificial intelligence can change your car buying experience Post-pandemic, the traditional car buying process has undergone a major shift to accommodate stay-at-home orders that prevented buyers from heading to dealerships. Shopping can change again as artificial intelligence (AI) enters the space. Professionals encourage buyers to rely on the help of script generation software to … Read more
Should you take out an 84-month Tesla loan? Last week, Tesla announced that the auto brand will offer an 84-month financing option to its drivers. Tesla CEO Elon Musk said during an earnings call that this comes because of very high interest rates. “When interest rates go up so high, we actually have to lower … Read more
What is a yo-yo scam and How to avoid it? Getting financing through an agency is often the quickest and easiest option for many people. According to data from the National Automotive Dealers Association, about 70 percent of buyers choose to finance the sale. You go to the lot, choose the car you want, finance … Read more
A secured car loan uses the car you’re buying as collateral. This is the standard option on the market. The majority of banks, credit unions, online lenders, and dealerships offer privately secured auto loans. This helps keep rates competitive and helps reduce lender risk, which helps people with poor credit or no credit history qualify. … Read more