Fri, Jul 29th - 10:24PM
Washington Out of State Car Purchase: 3 Points to Use to Your Advantage
a car out of state is only a means to widen the currently available
opportunities. The research and shopping around for models should of
course be parallel to efforts you would take to purchase a car in your
own state. However, navigating through different laws of different
states can get tricky. Fortunately, for residents of Washington, there
are only a few things to keep in mind before they make an out of state
over seven million people, Washington ranks as the thirteenth most
populous state, among the 50 states of America. Also, being the 11th
richest state in terms of income, sixty percent of Washington’s
population resides in the metropolitan areas of Seattle. Therefore,
having a heavy population and a large portion of that population earning
comfortably, it is easy to run out of options when one goes to purchase
a car within Washington.
you are on the lookout for purchasing a car, it is always a good idea
to branch out your search limit and cast a wider net by considering cars
that are out of state. In the state of Washington, out of state car
purchase is always beneficial option. Consider the following points that
you can use to your advantage as you cross the Washington State
boundaries and make an out of state car purchase.
Be Aware of the State Specific Certifications
states have different safety requirements for approving a car purchase;
while some of them might be stringent, others may be lenient. For
instance, California Air Resources Board (CARB) took the initiative of
reducing emissions of cars by adopting a few set standards. The ‘CARB
States’ that follow these standards include California, Arizona,
Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Vermont and
Washington – to name a few. Therefore, having complete knowledge of the
state specific certifications becomes a prerequisite for an out of state
Check Registration Information
make it a point to cross check with your auto dealership whether the
car that you wish to purchase, can be legally registered in Washington.
Some cars are designed to be used only in certain states, thereby,
limiting their purchase. Only cars that are eligible to be sold in the
50 states of America and which have been certified by the Californian
emissions standards can be registered in Washington. Asking your auto
dealership in advance about the details of car registration can surely
help you stay on the right side of the law.
Keep a Record of Sales Tax
though it is an out of state car purchase, you will be entitled to pay
the sales tax that is prevalent in your native state, since that is the
state that the car is registered in. Washington requires you to pay 6.8
percentage of sales tax on the purchase of a car. Therefore, if you
happen to buy a car from California, the sales tax of which is 7.5
percentage, you will still pay 6.8 percentage of sales tax that is
prevalent in Washington. Additionally, you should maintain a copy of all
the sales tax receipts that are paid to show the Title and Registration
office, if required.
your dream car is a personal and expensive decision. Settling for
another car, simply because of the unavailability of your dream car is
no more a limiting boundary. Widen your options beyond Washington and
keep the above points in mind as you set out to make an out of state car
A Washington bad credit auto loan
is a necessity for every bad credit car buyer of the state. If you have
decided to buy a car out of Washington State, take help of
CarDestination.com. The favorite online auto financing company will
provide you with guaranteed auto loans in Seattle.
Wed, Jul 27th - 11:45PM
Low Rate Auto Loans – It is a Bad Decision to only consider Monthly Payments
a new car is never easy. A lot of information is required while
searching for the best auto loan deals. Auto loans can be difficult to
understand, but with a little homework, you can grab the best deal with
low interest rates.
Do not be a Careless Car Buyer
you enter the automobile market to buy a new car, you should look for
auto lenders that provide quick approval, dedicated customer support and
low interest rate. It is important to clarify your doubts before
signing the loan contract. If you sign the loan contract without asking
enough questions, you will have to accept whatever terms the lender
offers to you.
Usually, car buyers look at the monthly payment amount and if it’s low,
they sign the loan contract. They do not even take note of the loan
terms, interest rates or the actual price of the car. Remember that if
you behave like a careless car buyer, you will end up with a high
interest rate on the auto loan.
Beware of Loan Sharks
loan shark is always looking for a victim. Usually, loan sharks are
unlicensed money lenders. They provide little or no paperwork to car
buyers. They don’t even provide clarity to you about the interest rates
on the auto loan.
On-Hand Advice for Finding Low Rate Auto Loans
1. Take your time to understand the different types of interest rates.
2. It’s important to know the monthly payments towards your car.
3. Calculate how much you're actually paying for the car.
4. Explore other auto loan deals.
5. Watch out for a loan shark. They may seem friendly at first, but borrowing from them is never a good idea.
6. Compare interest rates from other sources such as banks, credit unions and online auto financing companies.
7. Always know your credit score because a good credit score will fetch you a better interest rate.
8. Don’t sign up for a longer auto loan term. It is because you will end up paying more money towards interest.
Be aware of the add-ons such as chrome plating wheels, wheel locks,
seat-warmers, etc. When you purchase add-ons from the dealer, it gets
added in the auto loan amount which means you have to pay more interest
in the long run.
When you apply for an auto loan, you must consider several factors
carefully and then, make a decision. It is important know the monthly
payments as well as the interest rates before signing the loan contract.
Remember that if you are careless car buyer, you will not be able to
get a low rate auto loan deal.
With CarDestination.com, you can enjoy low rate auto loans and make car
buying affordable. Do not worry if your credit score is not good. You
can opt for guaranteed bad credit auto loans and buy the car of your choice today.
Tue, Jul 5th - 10:00PM
Cosigner for your Auto Loan - Complete Interpretation of the Term to help you make a Wise Decision
a times while you are looking at your car loan contract, you may come
across the term ‘cosigner’. A cosigner can be anyone. He/she can be
someone from your family or your group of friends. Basically, a cosigner
is someone who guarantees that if you cannot pay back the loan, they
will be legally responsible to pay back the debt.
There are a few requirements which are essential if you plan to get a cosigner for your loan.
1. Mutual Consent
cosigner must be willing to sign the contract and pledge that he/she
will pay the due amount as per the agreement, in case you are not able
to make the payments. The guarantee is always taken in writing and the
lender will not accept a verbal commitment.
2. Proof of an Income Source
provide his pay-stubs. If he/she is self- employed, then income tax
return slips will become necessary. In case of failing to provide the
proof of an income source, the lender may disapprove your bad credit auto loan application.
potential lenders may dig deep to cross check your cosigner’s
stability. They might want to check the cosigner’s reputation in the
community along with his/her work tenure with the employer. They
consider the cosigner as a part of your ‘team’ while approving the loan.
The Risk Factor
Apart from the requirements, you must consider the following risks before involving a cosigner:
• The major risk is the risk of financial setback to the cosigner. By
agreeing to lend you a helping hand, the cosigner risks lowering his/her
own credit score.
• The lender will sue the cosigner if he/she fails to repay the loan.
So, it is advisable to pay off the loan on your own and not depend
entirely on the cosigner.
• A cosigner cannot shy away from his/her responsibility after signing
the contract. Hence, he/she is liable for your auto loan. It might lead
to disagreements between you and the cosigner.
the end, it is a personal decision to opt for a cosigner. The agreement
between you and your cosigner must be clear from the beginning. It will
ensure that there is no scope for confusion in the future. Remember a
mature car buyer will not make others liable for his/her expenses and
make monthly payments responsibly.
Finding a cosigner and convincing him/her takes a lot of your time. Instead, you can opt for no cosigner auto loans with the help of Car Destination. The company will help you obtain bad credit no down payment car loans in no time.
Fri, Jul 1st - 10:29PM
Guaranteed Approval on Auto Loans: Guaranteed Benefits for a Bad Credit Car Buyer
initial process of financing a car is ideally established. You approach
your local car dealership, select your desired car and apply for the
auto loan. However, in case of a car buyer with bad credit history,
obtaining an auto loan might get difficult due to the absence of a
co-signer, amongst other things. Despite a damaged credit history and
significantly low credit score, a guaranteed approval on your auto loan
can be an essential medium to get you closer to the car that you wish to
A guaranteed approval on your auto loan
ensures that there will be a fixed amount of money that you will
receive for the car that you purchase. If you do not have a perfect
credit history, a guaranteed approval on your auto loan should be the
first thing on your mind. A guaranteed approval helps in the sense that
even when you have bad credit, you can still get finance for your car;
while at the same time determine the exact amount of approval. The
approved figure can come in handy when you set out to look for cars in a
dealership lot as you can estimate the car that fits your range. For
those of you still contemplating whether a guaranteed approval on your
auto loan can help your bad credit situation, here are a few benefits
for you to consider.
• Instant Credit Approval
The whole procedure of acquiring an auto loan
can get cumbersome at times. The key advantage of a guaranteed approval
on your auto loan is that the process becomes swift. In some cases, it
may even take as short as one day to get your auto loan approved. That
way, the next day you may have the funds required to make the purchase
for your car. Therefore, a guaranteed approval on your auto loan can
help you bargain a better deal as you have already received the cash to
buy your car.
• Assistance in Advanced Planning
are a number of auto lenders who provide various options to get you a
car that falls under your budget. Once you have knowledge of the
approved loan amount, you can know where you stand with your payments.
If you want to make a future investment, you can know the exact amount
that you will need to put aside for the auto loan and accordingly plan
where to spend. Thus, a guaranteed approval on your auto loan will give
you a heads up on your future spends and savings.
• Enhance your Credit Rating
guaranteed approval on an auto loan can be a great means of enhancing
your credit rating, especially when you have suffered from a bad credit
record, low credit rating or zero credit score. The ‘guaranteed’ in the
guaranteed approval of an auto loan is an indicator of the fact that
obtaining the loan is accessible to all, regardless of your current
financial situation. Therefore, if you keep up with your regular
payments for the auto loan, you can substantially improve your credit
rating over a long period of time.
upon bad credit and getting rejected for an auto loan can be avoided
with the help of a guaranteed approval on your auto loan. A smooth and
swift credit approval and improving your credit rating are few of the
benefits that come along with a guaranteed approval auto loan. So next
time you are refraining from entering a dealership because of bad credit
history, get a guaranteed approval on your auto loan so that you can
make your next car purchase a lot easier.
you are looking for guaranteed approval on your auto loan, Car
Destination can help you. The loan expert works with several reputed subprime auto lenders who will approve your loan application instantly. Apply now to obtain finance for your car.