A car title is one of the most important documents you’ll sign when you purchase a vehicle. It establishes you as the vehicle’s legal owner and is often used for the vehicle to be registered and for ownership to be transferred. The title is issued by the state government where you live and, while information included on the document can vary between states, you’ll generally … Read More
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How does auto leasing work?
An auto lease involves paying for the use of a vehicle for a certain amount of time as determined by your lease contract. When the lease ends, the vehicle is then returned. Financing a purchase, on the other hand, means borrowing money to pay for the vehicle outright over the course of your financing term, after which you become the vehicle owner. Read on to … Read More
Can you return a leased vehicle early?
One common myth of leasing is that, once you sign a contract, you are committed to the vehicle until the terms of the contract are completed. The truth is you can turn in a leased vehicle early. You can also trade the vehicle, known as a lease buyout and sale. Is it better to fulfill the terms of your lease contract? Yes. But in life, … Read More
Navigating back-to-school driving
It’s getting interesting out there. According to experts, U.S. families drive tens of billions of miles a year – that’s right, billion with a ‘b’ – to get their kids to and from school, accounting for an estimated 10% to 14% of traffic in the mornings alone. An estimated 43% of children who reside less than a mile from school, a relatively easy distance for … Read More