MoneyWisdom Blog

Should I buy, lease or look for a car leasing alternative?

Posted by Hanscom Federal Credit Union on Jan 4, 2018 1:00:00 PM

Many people would rather purchase their own cars and won't even consider leasing a car. Their reasoning is usually along the lines of - "Why would I rent when I could buy?" At first glance, it's a sensible argument, so it's no wonder many folks share the same idea.

Read More

Topics: Cars

Can’t Make Your Car Loan Payments? You’ve Got Options

Posted by Hanscom Federal Credit Union on Dec 21, 2017 11:27:53 AM

Having a car provides many conveniences. You do not have to worry about lugging groceries on the bus or waiting 45 minutes for the train. However, for those experiencing financial problems, having to pay a car loan can make owning a car seem more like a burden than a convenience. If you are behind with payments, or worried you will be soon, assessing your financial situation and actively pursuing your options can help you make the best of a difficult situation.

Read More

Topics: Debt, Cars, budget

4 documents you must have to get your car loan

Posted by Bill Burpeau on Nov 7, 2017 7:00:00 AM

You've taken the test drive, fallen in love, and negotiated a great deal at the car dealership.  What do you have to do to get your money and drive away happy?  

Read More

Topics: Money Management, Cars

Used Car Shopping: How to Spot a Previously-Flooded Vehicle

Posted by Bill Burpeau on Sep 13, 2017 1:15:00 PM

With the flood waters of hurricanes Harvey and Irma now easing, a new kind of flood is taking place. It’s created by a wave of waterlogged cars that are heading to the scrap yard. While it may seem that a car should be salvageable once it dries out, that is not the case. Water damage corrodes the mechanics of a vehicle, making it unsafe to drive.

Read More

Topics: scams, Cars

7 Ways to Save on Car Insurance

Posted by Hanscom Federal Credit Union on Apr 21, 2017 7:19:00 AM

Drivers with a lot of tickets for moving violations or multiple accident claims om their record pay dearly with high car insurance premiums. The only cure for that is time. But if your rate is higher than you like, there's a lot you can do now to getting a better deal. Here are seven things to try. 

Read More

Topics: Cars

Hanscom FCU Helps Member Buy Dream Car

Posted by Hanscom Federal Credit Union on Aug 2, 2016 3:30:58 PM

Hanscom FCU member Paul shown here with his wife, Angel, and his dream car.

Hanscom FCU member Paul Miller had a lifetime dream of owning a Porsche, and the time seemed right to turn that dream into a reality. After two months of searching for his dream car, he spotted it. Delivered to the dealership just a few hours before, the car gleamed with a shiny black exterior with matching black interior. To Paul, everything screamed, “Yes!”

Read More

Topics: Hanscom FCU Community, Cars

9 Ways to Roll Back the Cost of New Tires

Posted by MaryJo Kurtz on Jun 2, 2016 11:19:26 AM

Don’t let the cost of new wheels drive you crazy! You don’t have to burn money when you burn rubber. If you’re in the market for new tires, take these nine money-saving tips for a spin.

Read More

Topics: Cars

Should I consider refinancing my auto loan?

Posted by Bill Burpeau on Mar 10, 2016 1:01:52 PM

Refinancing your vehicle loan is a little-used yet valuable tool that can help you reduce costs and manage your money. Does it make sense for you?

Read More

Topics: Cars

How to Write a Successful Car Ad

Posted by Hanscom Federal Credit Union on Mar 4, 2016 9:00:00 AM

Buyer confidence is maybe the biggest obstacle in selling a used car on your own. Anyone looking to buy a pre-owned vehicle can go to a used car lot and get a car that has been checked over by the company’s mechanic. They can also get a very nice list of the car’s pertinent details and maybe even a warranty.

When writing the ad for your used car – whether it is online or in a print publication – you need to overcome those dealer advantages by providing your potential buyers with complete information about your vehicle. Here is what to include.

Read More

Topics: Cars

The Road to Selling Your Car Starts Here

Posted by Hanscom Federal Credit Union on Mar 2, 2016 1:18:13 PM

Selling your car can be fun. Yes, you read that right. You can actually enjoy the process of preparing, marketing and closing the deal on your automobile. To help you on this journey, we’ve created this roadmap. Here are the directions. 

Read More

Topics: Cars

Add a Comment

Subscribe to MoneyWisdom Blog Updates

Is Investment Property Ownership Right for You?

Posts by Topic

see all

Recent Posts