What is a Disposition Fee And Do You Have to Pay It?

Source: Pixabay When you lease a car, it can sometimes feel like you have to read through a book’s worth of fees just to get through the contract. One of these fees that won’t impact you immediately, but might down the line, is the disposition fee. This is the amount that a lessor charges you, the lessee, at the very end of the lease fee. You will have agreed to this fee at the beginning of the lease term, so it shouldn’t come as a big surprise when it hits.

What is a Balloon Payment or Balloon Loan?

Source: Pixabay A balloon loan is a risky financial move that allows you to have low monthly payments in your financing agreement, but with one exceptionally large payment at the end of the term. This final payment, which can be at least twice as large as your monthly payment, is referred to as a balloon payment. This structure is sometimes used in mortgages, but is more often used in car financing and leases.

8 Cars Like Honda Fits: Similar Rides Worth Checking Out

Source: Pixabay If you’re looking for cars like Honda Fit, you’re in luck. We have a list of 8 cars that are similar to the Honda Fit, most of them with competitive price tags and modern designs. Though the Fit might be the car that you’re after, take a look at these 8 that have comparable features before you decide. About the Honda Fit  The Honda Fit is considered a subcompact car that has plenty of interior space.

How To Buy A Car With No Credit

Source: Pixabay Most car purchases feature your credit history as a major factor that helps decide your interest rate, loan acceptance, and whether or not you can even buy the car. However, this isn’t much help when you don’t have a credit history. While this does complicate things a little bit and changes how you’ll go about buying a car, it doesn’t mean it’s impossible. This can be tricky to navigate, but CoPilot is here with you every step of the way to show you how to buy a car with no credit and get you on the road!

What is a Straw Purchase Car?

Source: Pixabay A straw purchase is a recipe for getting a good rate on a loan that you aren’t qualified for, but the secret ingredient is crime. To perform a straw purchase, two people must agree to defraud a lender or dealership together by having one person with a good credit score and financial standing secure a loan in order to purchase a car for another person who could not.

How Long After Bankruptcy Can You Buy A Car?

Source: Pixabay Bankruptcy is a difficult process and a huge hit to your credit score, but it isn’t nearly as bad as it used to be. You might think it’s impossible to go out and make a big purchase like a car shortly after bankruptcy, but it’s not! Even though there might be a few bumps in the road, and you’ll have to take certain steps to get started, you can certainly still purchase a car on reasonable terms.

How To Buy A Car Out Of State

Source: Pixabay You might find yourself in a situation where you live in one place but want to purchase a car from another. This isn’t uncommon, and there can be great reasons to do so. Maybe you want that nice luxury car you’ve had your eye on but can’t get locally, or you found a great deal on a car in a neighboring state. No matter the cause for your search, buying a car out of state can be an excellent idea under the right circumstances.

Can You Buy A Car With A Credit Card?

Source: Pixabay Cars can be huge purchases. They can be expensive, require a lot of care, and incur ongoing costs that will have you paying money out of your pocket long after you fully own your new ride. Heavy expenses like these are why financing a car can be so tricky; you want to drive away with your fancy new set of wheels right away, but you have to figure out how to pay for it all first.

How Much Does It Cost to Register A Car in Utah?

Source: Pixabay If you’re wondering how much does it cost to register a car in Utah, you’re in the right place. Unlike many states, Utah doesn’t have a set price schedule for registering your vehicle. Instead, Utah calculates the cost of registering a car based on the type of vehicle it is, how old it is, what kind of fuel it uses, and the weight of the vehicle. That’s because registration fees help the state cover things like infrastructure maintenance, environmental regulation, and road repair.

How Old Do You Have To Be To Test Drive A Car?

Photo by LOGAN WEAVER on Unsplash For teens and young adults, test driving a car is one of those rights of passage in today’s world; it’s the first step of car ownership. Before getting behind the wheel, there are fundamental questions to consider, including “How old do you have to be to test drive a car?” Let’s explore the answers and look at other test drive essentials for young drivers.

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