Search & Choose State
Couple in office filling out paperwork

Get Money! Tips on Getting an Auto Loan

by Melissa Crumish on

Twenty minutes into your auto search, you spy the car of choice at a local dealership. The how behind financing it has no bearing. All that matters is that your name goes on its title. Emotional appeal trumps financial realities. You feel good. But… Just as you’re about to agree to buy, pragmatism floods your […]

Continue Reading
Man Researching Cars on the Internet
Why Consider Resale Value Before Buying a Car by Kat Saks on

There are many things to consider when buying a car, including price, payment plan, and whether the seller can be trusted. All legitimate concerns that can sometimes cause you to overlook the vehicle’s resale potential. If you think you might sell the car at some point down the road, you should give thought to the resale […]

Continue Reading
Saleswoman showing a car to a man
What to Disclose When Selling a Used Car by Melissa Crumish on

After cleaning your used car in preparation for selling it, you now must decide how much information to disclose when talking with prospective buyers. This conversation can make or break auto sales. To help with your sales pitch, consider the following advice: Be honest. A potential buyer can verify if you’re being up front or […]

Continue Reading
Hand Filling Out Tax Form
Income Tax Implications of Selling a Used Car by Melissa Crumish on

There are many things to consider when selling a used car; some less obvious than others, including income tax liability. Income Tax Liability When Selling Your Used Car In a nutshell, the Internal Revenue Service (IRS) views all personal vehicles as capital assets. If you sell it for less than the original purchase price, it’s […]

Continue Reading
Hand Signing a Contract
Making an Auto Sales Contract by Melissa Crumish on

In most cases, your state will require a sales contract when selling your used car. The contract ensures that you and the buyer agree on all terms of the sale, eliminating any potential disagreements should any unexpected mechanical surprises occur down the road. Elements of an Auto Sales Contract Car sales contracts vary by state, […]

Continue Reading