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The finances behind owning a Ferrari What draws us to cars? Is it speed? Piloting a machine? Smooth lines? Maybe you’re inspired by watching Formula 1 drivers race around curves at 200 miles per hour. Whatever it is, we almost can’t help being drawn to them. Ferrari owns a special place in the minds of many drivers. Do you remember the first time you saw one? There’s a good chance you might have played with…

Auto loan delinquency is an important metric to look at. It means delayed payments of more than 90 days. Constantly paying loans past the due date gives you a bad rep and hurts your credit score. The lower your credit score is, the less favorable your eligible loan conditions become. Many Americans are falling behind their monthly bills as auto loan delinquency rates rise. Around 6.3 million Americans are 90+ days delayed on their payments.…

Purchasing a vehicle has been made easier for Americans, but this doesn’t mean you can just go buy a car blindly… Unless you’re crazy rich, of course. Part of your planning is assessing your own financial situation and your capability to fully pay off a car without risking repossession. Other than repossession, delinquent payments may also result to lower credit scores and piled up fees and penalties. You may want to check out an online…

There are many, many things to consider before purchasing a car. The biggest factor is your financial capability, but that’s not the only thing that matters. Do your research and check out the top websites and sources before you start your car shopping. With so many considerations, we compiled the top 10 tips to create the ultimate guide to car buying. Do: know how to negotiate with the dealer Here’s a friendly tip: use your…