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09 Jul 10 Four Important Steps To Take Before Buying A Car

Jul 7, 2010 – 9:22:09 PM
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Four Important Steps To Take Before Buying A Car

Here are four important steps to take before purchasing your next vehicle. Get car buying tips from the experts.





(ARA) – It’s that time of year – summer car-buying season is in full swing. Many dealers are offering great incentives to move cars off their lots to make room for the arrival of new models in the fall. Since buying a car is one of the biggest investments many of us make, it is important to be prepared so you can drive off the lot confident in the purchasing decision you’ve made.


Despite the economic hardships the auto industry has faced, financing a vehicle is still possible. Once you’ve researched reviews and valuations, and decided on the vehicle you want to buy, consider these four tips from Experian Automotive:



1. Check Your Credit Score



Knowing where your credit history falls in the range of risk is more important now than ever before. Auto lenders use scoring models to help predict whether or not you could become delinquent on your auto loan payments. An auto lender typically receives a credit score that emphasizes your current and previous vehicle payment history. While they may use different credit scores for potential buyers than traditional lenders do, that simply means you shouldn’t focus on the number, but on your level of risk and what in your credit history most influenced that risk. Knowing where your credit history falls in the range of risk can help you anticipate the interest rates you may qualify for and the amount of the down payment you will need to make. Consequently, knowing where you stand may give you the leverage you need to negotiate for better rates. You can get your credit report and score at www.experian.com.



2. Know How Much You Can Afford To Spend On A Down Payment



It’s important to know how much you can afford to spend on a down payment before you go to the dealer and ask for the keys. If you are able to offer a solid down payment on a car, you will be in a better position to negotiate the final sale price of the vehicle as well as the terms of your loan. And the lower your credit score, the larger the down payment you may be required to make. Being aware of how much cash you have to put down on a car can empower you to secure an even better deal and it can also help you realize what type of car you can truly afford.



3. Research Loan Options On Your Own



It’s a good idea to get pre-qualified for an auto loan before visiting an auto dealer. Knowing what loan options you have may influence the dealer to beat an offer from your bank with a better interest rate and lower monthly payments. Before heading to the dealership, check with your bank or credit union to see what loan rates are available.



4. Request Your Vehicle History Report



If you decide to buy a used car or truck, you should always have a licensed mechanic physically inspect the vehicle. You should also conduct your own inspection of the vehicle’s past by requesting a vehicle history report from your dealer or pulling a report yourself at AutoCheck.com. The report will provide you with all reported events for that vehicle (odometer readings, vehicle registrations, title transfers, accident damage, emissions inspections) in addition to any issues with the vehicle’s title, any unexpected odometer readings, whether the vehicle was ever a rental or used as a service vehicle, and your AutoCheck score. This score is a tool that enables you to understand a vehicle’s past quickly and easily, compare it to other vehicles, and lower the risk of buying a vehicle with undetected problems.



Buying a car is an exciting time in everyone’s life, so before you rush out to the dealership, make sure you are properly prepared to get the most bang for your buck. Educating yourself on your financial standing as well as the current auto loan market and the history of the car you want to buy will help you drive off the lot with the knowledge that you made a sound investment.

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03 Jul 10 August Is Ideal For Rust Proofing Steps

Jul 2, 2010 – 8:43:41 PM
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August Is Ideal For Rust Proofing Steps

August is ideal for rust proofing steps. These auto care tips can help you keep your car in great shape without any rust.



(NC)—A commitment to control corrosion throughout one’s vehicle is the first step for protecting the investment today, tomorrow, and for resale later.


If, however, you need even more incentive, how about this: Industry experts say that the summer season, now, gives us all the right conditions for the most effective rust proofing.



“There is no wrong time to spray and protect your vehicle from corrosion,” says Craig Shuttleworth at Krown, a leader in this field. “But the best season for it is summer, not just because winter’s harsh conditions are around the corner, but also because the products respond better in warmer weather.



“Actually, winter is not the harshest season for corrosion. Spring is worse because once the temperatures begin to rise and the metal warms up, all of the ‘salty’ residue in seams, crevices and hidden areas, really goes to work.”



Most car buffs are committed to the rust proofing process once per year—and August is the choice time because it ensures a good 12 months of protection throughout the toughest weather, wear-and-tear.



“Also, when it’s warm outside our eco-friendly Krown formula is able to creep a little faster and more thoroughly into all the seams and crevices—and then it remains there to neutralize the effects of salt and moisture.”



Existing Rust



Experts agree that both new and old cars have rust on them. The natural state of metal is to return to iron oxide so the challenge for car owners is to inhibit this inherent process in the best way possible.



“Moisture on metal, not salt, is the number one cause of corrosion,” Shuttleworth explained. “Salt is the accelerant, but it is moisture that does the most damage. For this reason, the products you use must have the ability to remove moisture from the metal and not allow it back.



Avoid products, he said, that are thick and heavy. This tends to coat the existing corrosion, trap condensation and moisture underneath, and this can actually accelerate oxidation.



“Our product development team recognized that the correct formula should be easily absorbed into existing rust so it can push out any moisture present. Krown products are petroleum-based and fortified with rust inhibitors, but they contain no solvents, kerosene, gasoline, no paraffin or wax, no lanolin, and no toxic or aggressive chemicals of any kind.”

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