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The automobile industry is probably the only industry that defies economics.
A vehicle is a depreciable asset, yet, vehicles are bought and sold by the
thousands daily.
One of the reasons it defies economics is because transportation is needed
everywhere, especially in big cities like Los Angeles, Houston, TX and others.
Basically, people need a vehicle to move around to commute to work, run errands,
go out, and so on. At the level of the ego, people want to drive a luxurious
vehicle, a vehicle that defines where he/she stands at the society level.
Male and female teenagers feel more confident and more attractive driving a car
they really like. It could be a big truck, a sport car, or an SUV. Adults like
to drive a comfortable car that befits their personality. Some have a sense of
luxury, of class, uniqueness, and sports.
The song says, “you can’t get always what you want,” and that happens a lot in
many areas of people’s lives. It happens when it comes to driving a car. Many
people because of circumstances get in big debts, lose their jobs, and then
become unable to pay off their debts.
Because of that many people get their vehicles repossessed and their credit
rating drops. It then becomes difficult to get an auto loan through a bank, or
an auto dealer. Many dealers claim to pre-approve people, but there are “certain
restrictions that apply.”
These restrictions include but are not limited to: “Yes, you are pre-approved
for an auto loan, but you need a cosigner.” "Yes, you are pre-approved, but you
need at least $2,500.00 as a down payment.” "Yes, you are pre-approved, but, you
can only buy this car you don’t want to drive, so take or leave it.” "Yes, you
are pre-approved, but you can only buy a pre-owned car that has no more than
30,000 miles on it."
Do you see, what I mean? It becomes really difficult to drive the car you really
want if you are under these circumstances!
Now let me tell you my story and see how you can start driving your dream car,
and if you are already driving a car you can trade it for the one you really,
and truly want.
I had really bad credit, and I could not get any car dealer or banks to approve
me unless someone would co-sign for me or I came up with a huge down payment. As
a parent with bills and responsibilities saving a big lump of money for a car
down payment was not going to happen.
That made feel very frustrated, and down at the same time because I could not
get the car I wanted. Then, a good friend of mine referred me to an auto loan
company that specializes in bad credit auto loans, and re-finance. I applied and
I was approved in less than one day! I was able to buy the car I wanted! I was
mailed a check with a limit based on my income, and the interest rate based on
my credit score.
Having a blank check in my hands gave me a great advantage. In fact, it gave me
powerful confidence to negotiate the best cash deal for the car I wanted! Car
Sales People were powerless, and I was able to tell them take it or leave it! It
made me feel in control, and when I purchased my car I was really happy and
proud of myself that I came out a winner on the deal.
If you don’t have a car, or are craving for a particular vehicle it would not
hurt to apply for an auto loan.
If you qualify, you can be approved for a loan at a competitive interest rate
depending on your credit score. Once a check is in your hands, you can negotiate
the best price for your dream car as a cash buyer.
The cool thing about applying online is that you can do it from the privacy of
your computer. It only takes a few seconds and you will typically get a response
back within minutes. By getting your loan before going to the auto dealer, you
can avoid hustling with a dealer about financing when you find the automobile
you want.
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