Used Car Loans - A Credit Tool You May Not Have Known About

Sometimes through no fault of your own, you may have bad credit. The economy, a job loss, medical bills, or other factors could have contributed to your current financial situation. But just because you have bad credit now doesn't mean that it will always be this way.

You can take steps to improve your credit score almost immediately by making all your household bills and payments on time and in full. Another option to help improve your credit score is to get a used car loan. A used car loan can help rebuild your credit in several ways.

First, when you make timely monthly payments on your loan, it will reflect positively on your credit report. This will help to gradually improve your credit score over time.

In addition, the act of getting a loan and making payments on time can show creditors that you are responsible and capable of handling debt. This can make it easier for you to get approved for other types of loans in the future, such as a mortgage.

Of course, not all used car loans are the same. To maximize the positive impact on your credit score, you'll want to get a loan with reasonable terms. This means getting a loan with a manageable monthly payment that you can comfortably make without straining your budget.

You may also want to consider a cosigner for your loan. A cosigner is someone who agrees to be responsible for the loan payments if you default on the loan. Having a cosigner can help you get approved for a loan with more favorable terms, which can in turn have a positive impact on your credit score.

Although a used car loan can be a great way to rebuild your credit, it's important to remember that there is no quick fix when it comes to credit scores. It takes time and effort to improve your credit score, but the rewards can be well worth it in the end.

Used car loans can help rebuild your credit, but there are also some risks to consider. Your interest rate will likely be higher than someone with good credit. This is because you're considered a higher risk borrower.

You may have to put down a larger down payment than someone with good credit. This is because the lender wants to minimize their risk in case you default on the loan.

If you default on the loan, the lender can repossess the car. This will damage your credit even further. You should only take out a used car loan if you're confident you can make the payments on time. Otherwise, you could end up doing more harm than good to your credit score

Are you in the market for a car and am not sure what the next step is? Contact us either by phone or fill out a vehicle inquiry on the car you are interested in, we would be more than happy to help get you anyway we can.

Did You Fall In Love With That Truck?

We know the feeling.

It could be as simple as finding a truck that you like and handing over your hard-earned cash but, as anyone who's ever bought a used car will tell you, it's never quite that simple. Obviously it needs to fit your budget but more importantly it has to meet your needs

What are you going to be using your truck for?

• Towing and Hauling

• Off-Road Use

• Business Use

• A Daily Driver

The mileage of the truck is going to be a big factor when deciding on which truck to purchase. You may not know the full history of the truck but if you can ask the dealership or prior owner what they used it for. It they used it for anything other than a daily driver then mileage may not be as big of a factor.

If you don't have direct knowledge of how the truck was used, then you will have to put more emphasis on a mechanical inspection. Cars that have been used to tow or haul will show signs of a well-worn tow hitch, a severely bent rear license plate or a cable for wiring trailer

Do You Like To Go Off-Roading?

The previous own may have too! There will be tell tell signs of an off-roading enthusiast. Muddy or sand filled floorboards, a missing or bent front license plate, and large tires are all good indicators that this truck was taken off the beaten path.

You should also check for any damage to the undercarriage. Any dents, scratches, or cracks in the frame can mean that the truck wasn't properly taken care of or worse, it was in an accident.

Will You Use It For Business Use?

If you plan on using your truck for business purposes, then you'll want to make sure that the truck has been properly maintained. A well-maintained truck will have all of its service records. This way you can see if it has had regular oil changes, tune-ups and other required maintence.

Is It A Daily Driver?

If you're looking for a truck to be your daily driver, then you'll want to find one that is comfortable and has all the features that you're looking for like heated seats, Bluetooth, an infotainment system, etc. You should also take into account how often you'll be driving in stop-and-go traffic. This type of driving will make your fuel economy suffer, so you'll want to find a truck with good fuel economy.

A truck with a manual transmission may not be the best choice if you're going to be sitting in traffic everyday.

The bottom line is that you need to decide what you're going to use your truck for before you start shopping. This way you can narrow down your choices and find the perfect truck for you.

Used Car Loans - A Credit Tool You May Not Have Known About

Sometimes through no fault of your own, you may have bad credit. The economy, a job loss, medical bills, or other factors could have contributed to your current financial situation. But just because you have bad credit now doesn't mean that it will always be this way.

You can take steps to improve your credit score almost immediately by making all your household bills and payments on time and in full. Another option to help improve your credit score is to get a used car loan. A used car loan can help rebuild your credit in several ways.

First, when you make timely monthly payments on your loan, it will reflect positively on your credit report. This will help to gradually improve your credit score over time.

In addition, the act of getting a loan and making payments on time can show creditors that you are responsible and capable of handling debt. This can make it easier for you to get approved for other types of loans in the future, such as a mortgage.

Of course, not all used car loans are the same. To maximize the positive impact on your credit score, you'll want to get a loan with reasonable terms. This means getting a loan with a manageable monthly payment that you can comfortably make without straining your budget.

You may also want to consider a cosigner for your loan. A cosigner is someone who agrees to be responsible for the loan payments if you default on the loan. Having a cosigner can help you get approved for a loan with more favorable terms, which can in turn have a positive impact on your credit score.

Although a used car loan can be a great way to rebuild your credit, it's important to remember that there is no quick fix when it comes to credit scores. It takes time and effort to improve your credit score, but the rewards can be well worth it in the end.

Used car loans can help rebuild your credit, but there are also some risks to consider. Your interest rate will likely be higher than someone with good credit. This is because you're considered a higher risk borrower.

You may have to put down a larger down payment than someone with good credit. This is because the lender wants to minimize their risk in case you default on the loan.

If you default on the loan, the lender can repossess the car. This will damage your credit even further. You should only take out a used car loan if you're confident you can make the payments on time. Otherwise, you could end up doing more harm than good to your credit score

Are you in the market for a car and am not sure what the next step is? Contact us either by phone or fill out a vehicle inquiry on the car you are interested in, we would be more than happy to help get you anyway we can.

Did You Fall In Love With That Truck?

We know the feeling.

It could be as simple as finding a truck that you like and handing over your hard-earned cash but, as anyone who's ever bought a used car will tell you, it's never quite that simple. Obviously it needs to fit your budget but more importantly it has to meet your needs

What are you going to be using your truck for?

• Towing and Hauling

• Off-Road Use

• Business Use

• A Daily Driver

The mileage of the truck is going to be a big factor when deciding on which truck to purchase. You may not know the full history of the truck but if you can ask the dealership or prior owner what they used it for. It they used it for anything other than a daily driver then mileage may not be as big of a factor.

If you don't have direct knowledge of how the truck was used, then you will have to put more emphasis on a mechanical inspection. Cars that have been used to tow or haul will show signs of a well-worn tow hitch, a severely bent rear license plate or a cable for wiring trailer

Do You Like To Go Off-Roading?

The previous own may have too! There will be tell tell signs of an off-roading enthusiast. Muddy or sand filled floorboards, a missing or bent front license plate, and large tires are all good indicators that this truck was taken off the beaten path.

You should also check for any damage to the undercarriage. Any dents, scratches, or cracks in the frame can mean that the truck wasn't properly taken care of or worse, it was in an accident.

Will You Use It For Business Use?

If you plan on using your truck for business purposes, then you'll want to make sure that the truck has been properly maintained. A well-maintained truck will have all of its service records. This way you can see if it has had regular oil changes, tune-ups and other required maintence.

Is It A Daily Driver?

If you're looking for a truck to be your daily driver, then you'll want to find one that is comfortable and has all the features that you're looking for like heated seats, Bluetooth, an infotainment system, etc. You should also take into account how often you'll be driving in stop-and-go traffic. This type of driving will make your fuel economy suffer, so you'll want to find a truck with good fuel economy.

A truck with a manual transmission may not be the best choice if you're going to be sitting in traffic everyday.

The bottom line is that you need to decide what you're going to use your truck for before you start shopping. This way you can narrow down your choices and find the perfect truck for you.

 If you are in the market for a new car, now is an excellent time to trade in your old one. Dealer inventory is low, as a result, dealerships are now offering better deals on trade-ins than they have in the past. 

1. Trade-ins are at an all-time high, and likely to stay that way for the foreseeable future.

2. You'll get a better deal now than you would in the past

3. It will be easier to find financing for your new car since dealerships have less inventory on their lot

You should also fix any cosmetic damage and have the car serviced so that it is in good working condition. Finally, gather all of the paperwork related to the car, including the title, registration, and maintenance records. This will make it easier for the dealer to process the trade-in.

Why Checking Your Tire Pressure Is Important

Please Read Northland Auto Center - Best Full-Size Pickup Truck

Content provided by CarAndDriver.com

Turn any friendly neighborhood barbecue into a backyard wrestling match with this simple trick: declare your pickup king. Well guess what, brother? Being the best isn’t about who has the biggest Calvin and Hobbes sticker on the rear window. Full-size pickup trucks are America’s best-selling vehicles, and the fight among them is closer than ever.

Trucks today are capable of accelerating quicker than sports cars like the Porsche 718 Cayman GT4 and can tow up to seven tons using conventional towing. That’s a lot of folding chairs and steel cages. The truck is the backbone of America. In 2019, pickups represented over 3.1 million vehicle sales in the U.S., or more than the entire population of Iowa. Each of these trucks can handle classic pickup needs with ease, and if you haven’t already sorted yourself into the Toyota, Nissan, Ram, Chevy, or Ford camps, we’ve ranked the segment's players from worst to best to help you in your search.

1. Ram 1500 - The Ram 1500 is king of the mountain, having bested its biggest rivals from Detroit in our latest three-truck comparison test and won another 10Best Full-size Pickup award for 2021. We’d let those accolades do the heavy lifting for us in explaining why we dig the Ram, but here are a few more reasons: The available EcoDiesel V-6 engine has the most power and torque among all light-duty diesel pickups and is fuel efficient; the interior is a step or three above the competition; and it just plain drives well. Fans of the all-black Dodge Ram can carry the dark baton with a new for 2020 Night Edition, which offers all-black exterior trim along with your choice of paint. We’d suggest, um, black.

2. Ram 1500 TRX - The nearly 3.5-ton Ram 1500 TRX is a lot of truck, but it knows how to use it. The 702-horsepower Hellcat engine is a screamer, and despite its heft, the TRX gets to 60 mph in just 3.7 seconds, making it the quickest truck we've ever tested. Bilstein dampers underneath provide more than a foot of suspension travel, allowing its 35-inch Goodyear Wrangler AT's to droop. It's beefy too, measuring 5.9 inches wider and 3.3 inches taller than the regular Ram 1500, but inside it's just as luxurious. A 12-inch touchscreen infotainment system is standard, and a head-up display, heated and ventilated front seats, and carbon-fiber accents are available options. Many aspects of the TRX make it the greatest truck as nothing else can cruise to, climb up, and fly over whatever's ahead of it quite like this.

3. Ford F-150 Raptor - Packed with a powerful 450-hp twin-turbo V-6 and an off-road-ready suspension with adaptive shocks to soak up potholes and landings off of sweet jumps, the Ford F-150 Raptor is just plain rad. But this is no one-trick brute—it’s nearly everything you might never need in a truck and useful. The SuperCrew is rated to tow up to 8000 pounds, so the Raptor can haul more than just ass. Its wide fenders and large off-road tires can make navigating parking lots and narrow streets a challenge; we prefer to think of them as reminders as to where the Raptor truly belongs.

4. Ford F-150 - The Ford F-150 has been a full-size favorite for decades, and nearly 1 million F-150 pickups were sold last year. So it’s little wonder why the Ford has become ubiquitous and familiar. The fourteenth-generation Ford debuted for 2021 with a new 430-hp hybrid powertrain with 570 lb-ft of torque. That's a 30 horsepower and 70 lb-ft improvement verses the nonhybrid twin-turbo 3.5-liter V-6 for those keeping track. The hybrid powered pickup gets an EPA-estimated 24 mpg for both city and highway travel, putting it fourth overall in fuel efficiency for the segment behind diesel-powered Chevy Silverado and Ram 1500. The interior is also improved in terms of materials and ease of use. An optional Work Surface allows you to transform the front row into a work table. New variable-assist steering, standard on the higher trim King Ranch model and above, is tight and direct, and even on lower trims the ride is quiet and composed.

5. GMC Sierra 1500 - If you can swing the new GMC Sierra 1500’s price premium over its mechanically identical, Chevrolet-badged sibling (the Silverado), do so. The GMC is simply more attractive than the Chevy. We’ve ranked the Sierra above it because the extra money seems worth it when staring both trucks right in the eyes. Like the Silverado, the Sierra has five different engines, three different transmissions, and is available in either rear- or all-wheel drive. Although there's no high-flying off-roader option like the Ram TRX or Ford F-150 Raptor, a Sierra AT4 model is available with 2.0-inches of suspension lift and other off-road equipment. Unfortunately, the pricier GMC suffers from the same unimpressive interior styling and firm ride quality as the Silverado, but the extra chrome does wonders for GM's half-ton pickup design.

6. Chevrolet Silverado 1500 - After a full redesign, the Chevrolet Silverado 1500 doesn't feel quite as new as you'd expect. Its new body bears only a face a mother could love, the interior is mediocre, and the suspension isn’t terribly refined. Those whiffs are offset by its new 6.2-liter V-8 that can deactivate up to six cylinders for fuel savings, as well as the available turbocharged 2.7-liter four-cylinder that can tow up to 9300 pounds. The brakes offer stellar stopping power, and the four-door crew cab has superior rear-seat headroom. Chevy's also added the Multi-Flex tailgate as an option for 2021 models, making the bed of the Silverado more useable than ever. Silverados with the 277-hp turbodiesel engine in 2WD are the most fuel efficient in the segment with an EPA-estimated 33 mpg highway rating.

7. Nissan Titan - The Nissan Titan, like the Toyota Tundra, exists slightly outside of the mainstream in this segment. It lacks engine choices—there is but one 400-hp V-8 option—which severely limits configurability relative to its competitors, and the Titan’s overall execution seems lacking. Its ride quality is poor and the steering lacks sharpness; look to the Pro-4X trim for off-road capability, but look everywhere else in terms of towing capacity as the Titan has the lowest in the light-duty class. Every model now has a 8.0-inch touchscreen with Apple CarPlay and Android Auto, which is something fleet versions of its domestic competitors don’t have.

8. Toyota Tundra - The Toyota Tundra has been around in pretty much the same form since 2007—that’s pre-Instagram if you need a cultural reference point. So, it’s old. But the Tundra offers a spacious cabin and a decent roster of standard features, including Apple CarPlay and Android Auto phone integration functionality for most models. A 5.7-liter V-8 is the only engine option, an oddity among full-size pickups, which generally offer a plethora of engine choices. The Toyota’s V-8 engine delivers mediocre fuel economy and towing performance, but the truck itself at least shines in off-road capability even in base form. The Tundra TRD Pro model adds to that dexterity with new Fox 2.5-inch internal-bypass shocks and lighter-weight 18-inch BBS wheels.

Original Source: caranddriver.com (Austin Irwin - Dec 5, 2020)

Please Read Northland Auto Center - Best Midsize Sedans

Content provided by MotorTrend

MotorTrend tests more than 200 vehicles at the track every year. We rate cars using the same factors you do, including how they drive, interior space, efficiency, tech, value, and safety. Ratings are only applicable within each respective segment.

1. 2022 Honda Accord - 9.1/10 - After a midcycle refresh for 2021, we're not expecting any major changes to the Accord for 2022. Barring any significant revisions, it will carry forward with two gas engines and a hybrid option. The Accord competes with other affordable four-doors including the Hyundai Sonata, Toyota Camry, Kia K5, and Subaru Legacy.

2. 2022 Subaru Legacy - 8.6/10 - Subaru knows its buyers and delivers on their priorities with the Legacy. The midsize sedan offers a compelling blend of technology, safety, and performance in a roomy and comfortable vessel. Middling style and a vexing CVT are the Legacy's greatest Achilles heels.

3. 2022 Hyundai Sonata - 8.5/10 - Hyundai has been selling the Sonata here in the U.S. for more than 30 years, and the current eighth generation is the best version yet. Redesigned for the 2020 model year, the Hyundai Sonata is among the better midsize sedans on the market. It's mechanically related to the Kia K5.

4. 2022 Kia K5 - 8.3/10 - The midsize sedan once known as the Kia Optima has transformed into the K5. Introduced for 2021, the K5 stands out in the segment with evocative exterior styling. Yet despite those looks it remains a relatively normal car in terms of features and capabilities. The K5 is offered with a choice of turbocharged engines and available AWD. Like the Optima before it, the K5 targets sedan stalwarts like the Honda Accord, Toyota Camry, and mechanically related Hyundai Sonata. The K5 is built in West Point, Georgia, alongside the Kia Telluride.

5. 2022 Toyota Camry - 8/10 - Although it's no longer Toyota's best-selling model (that title now goes to the RAV4), the venerable Camry remains a go-to choice for those seeking a dependable midsize sedan. The current-gen Camry was introduced for the 2018 model year and sees a mild face-lift for 2021. The Camry sits squarely in the center of Toyota's lineup of sedans between the compact Corolla and full-size Avalon. Besides its longtime rival, the Honda Accord, the Camry also competes with midsize four-doors including the Subaru Legacy, Nissan Altima, and Hyundai Sonata.

6. 2021 Nissan Altima - 7.7/10 - Positioned above the compact Sentra and below the full-size Maxima, the Altima is the middle child of Nissan's sedan lineup. Nissan issued a full redesign of the Altima for the 2019 model year, and the family sedan has been relatively unchanged since. The Altima competes in the midsize sedan segment alongside cars such as the Honda Accord, Hyundai Sonata, Toyota Camry, and Subaru Legacy.

7. 2022 Volkswagen Passat - 7.1/10 - Once one of Volkswagen's most successful cars in the United States, the Passat enters its final year of production with a Limited Edition trim. It rides on the platform that's been on sale in the United States since 2012, the same year it won our MotorTrend Car of the Year award. The Passat last received a major refresh in 2020. Although this midsize sedan no longer feels like a fresh offering, it comes with the traditional advantages of its segment, namely a comfortable ride, a large trunk, and spacious interior.

8. 2021 Chevrolet Malibu - One of the longest-running nameplates in the Chevrolet lineup, the Malibu has been a mainstay in the midsize sedan segment for decades. Since its inception, the Malibu has evolved from a rear-drive car that's available in multiple flavors to a front-drive model offered only one body style. Chevrolet even offered a hybrid Malibu for a short time to lure eco-minded consumers to the brand. With only a short time left before it's discontinued, the Malibu lineup has been streamlined. A number of cosmetic packages are also offered.

9. 2021 Mazda Mazda6 - As we wait for the rumored RWD, inline-six-powered, next-gen 6, Mazda adds some polish to its midsize sedan for 2021. The current-generation model debuted for the 2014 model year and saw a mid-cycle facelift for 2018, adding a turbocharged engine option. The 2021 Mazda 6 competes with other affordable midsize sedans including the Honda Accord, Toyota Camry, and Hyundai Sonata.

Original Source: https://www.motortrend.com/style/sedan/