toy car placed next to stacks of coins

What Auto Loan Can I Afford?

Vehicle Loan CoachWhat auto loan can I afford? How it Works You need a car, but how how much can you actually afford? This Coach starts by walking you through a doable monthly payment, based on your income and expenses, then shows you a purchase price range that fits your budget. You’ll learn more about auto loans and leases, including …

row of new cars at dealership

Getting a Car

Getting a CarWhen looking for a new car, you have three main options: buy used, buy new, or lease. There are pros and cons to each method. Your choice will be based on various financial considerations, driving habits, and personal preference. Buying Used Buying a used car is appealing to many people. Used cars are less expensive up-front, and they …

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What a Car Loan Costs

What a Car Loan CostsWhen shopping for a car, it’s usually best to start by shopping for a car loan. When you’re shopping for a car loan, remember that what it costs you to borrow depends on three things: 1. The finance charge, expressed as an Annual Percentage Rate (APR) 2. The Term, or length of time the loan lasts …

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Understanding The Benefits Of Interest

The Benefits of Interest Interest plays a role in almost all aspects of personal finance — including savings, investing, credit, and loans. Simply Put: Interest is the money earned or paid when someone makes or receives a loan. You can be paid interest for keeping money in a bank account, purchasing a bond, or making other investments. You can also …

close up of two cars in a fender bender

Understanding Auto Insurance

The truth is that car accidents are expensive, and it’s not just the price of fixing a bumper or headlight. Accidents can incur medical bills, repair costs, and even lawsuits and if you’re not protected, you could be on the hook for all the costs—especially if you’re the one found at fault.

person holding blue piggy bank sitting on car with car keys

Refinancing Your Loans

Refinancing Your LoansMaking payments on a loan with sub-optimal terms can make you feel trapped. Luckily, refinancing can help you find more suitable terms for the loan. Essentially, refinancing replaces an old loan with a new one with terms that are better for your situation. What Can Be Refinanced? While mortgage loans may be most commonly refinanced, you can also refinance auto, …

GAP Advantage with PowerBuy™

GAP Advantage with PowerBuy™On average, the typical new car loses 11% of its value the second you drive it off the lot.* And, if your vehicle is totaled or stolen and not recovered, your standard auto insurance policy may not cover the remaining balance of your auto loan, leaving you with a balance on a vehicle you can no longer …