Best Car Loans

Best Car Loans

What are the Best Car Loans for under $250?

As 0% APR Car Financing continues to be popular in the automotive industry, it definitely pays to keep up with the latest  and best car loans and Auto Loan Offers. This month's top car lease offer is a Toyota Corolla with just $899 down and only $129.00 a month. Surprisingly, there are some 60 and 72 month, 0% APR loans on new cars which rival this very attractive lease offer from Toyota. Think about it; if you can get someone to loan you the money to buy a brand new car, interest free for up to 5 or 6 years, that is going to be financial offer that is hard to beat.

The best car loans being offered from Ford, GM, Toyota, Hyundai and Nissan on their economy models will get you in a new car for an attractive lease type price. Of course, the advantage to buying the car is that you own whatever equity is left in the car after your loan is paid off. I thought it would be interesting to rate the best car loans for under $250. A car payment for under $250 per month requires finding a car that sells for less than $16,500 MSRP, then putting 10% down to bring your finance amount down to $15,000 or under. Read the rest of this entry

No-Interest Car Finance Deals

With so many of the popular car makers offering 0% financing for up to 60 and 72 months, the best Car Finance Deals no longer have to be leases.  In fact, the best car loans this month are giving the monthly lease specials a run for their money. As long as this trend of long-term, 0%-APR loans are available, we will continue to publish these 0% APR Car Loans along with our Monthly Lease Specials. After all, it's all part of the same goal: to provide you with information on the very best Car Finance Deals.

I often visit and interact on the commentary sections of various car blogging sites. I am sometimes amazed at some of the negative things I hear from potential car buyers about car financing; whether it’s leasing and purchasing loans. One gentleman told me that he would never borrow money for a car because it depreciates. My reply was that this is exactly why we should borrow money to buy cars.  At 60, 48 or even 36 months with no interest, the cash you save can be earning 1-2% in your bank account.  What's even more important is that you are spreading out your risk over the depreciation period of the car. If you lose your job you're risk is a $200-$750 monthly car loan payment instead of $20,000 - $50,000 of cash that you already plunked down on a car that is worth 30%-40% less than what you paid for it. Read the rest of this entry