CARFCO

Everything costs. And sometimes your car, truck or SUV can seem to take up your entire pay cheque to keep it on the road. Keeping your vehicle in good repair can seem expensive, but it’s usually a lot cheaper to maintain a vehicle you own than to go out and try to finance a new one. And there are a few secrets to keeping costs in line that also ensure your ride is in fine shape for a long time to come.

First, switch away from the premium gas. There’s just no real evidence that premium makes your car run better, longer, or more efficiently. At anywhere from 8 to 10 cents more per litre, that adds up to a whack of cash.

Second, pump up your tires. Now here there is good research that shows properly inflated tires do save you money. Generally, if you keep your tire pressure at 30 PSI, you’ll get about 3-4% better gas mileage-but of course, always follow the manufacturer’s instructions. You can also extend the life of your tires as much as 6% by keeping them properly inflated. So, since most gas stations let you check and fill up your tires for free, why not be sure yours are fully pumped?

Third, slow down. Transport Canada has made the news lately because of the growing number of young drivers traveling at extremely high speeds. Only recently, one driver was clocked at a whopping 150 km/hour. Besides being illegal, driving fast costs. Estimates are that for every 10 kilometres over 100 km/hour you drive, you pay another 10 cents in gas. So if you drive 100 km/hour, and the fast fellow next to you zooms by at 120 km/hour, smile and wave. For every dollar you pay in gas, they’re paying $1.20-a lot of cash just to go fast.

Fourth, find gas stations that give you a discount if you pay with green. Some places drop the price by 2 cents/litre when you pay with cash instead of plastic.

When you add up your savings from slowing down, buying regular instead of premium, pumping your tires and paying in cash, your gas costs can plummet 30% or even more, a huge cost savings.

Regular maintenance is another key to keeping your car in tip-top shape. Sometimes, though, you need more work. Maybe your dog ate your back seat. Maybe you had a fender bender. Or maybe you just want to change up the look of your car with a new paint job. These kinds of repairs can be costly, and that’s where a car repair loan can be really handy.

Many people aren’t aware that you can get a car title loan to do car repairs. As long as you own your vehicle, and it’s less than eight years old, you may qualify for a vehicle title loan to give it some much-needed TLC. You can often get the loan approved in about one day for up to 40% of the wholesale value of your vehicle. Just fill out the application online, and see. Then keep your ride in great shape so you can drive it for a long time to come.

Have you heard of it? Chances are, you haven’t. But a car repair loan can be the perfect answer for you if you need repairs to your vehicle in order to keep it on the road, and you from the embarrassing position of having to beg for a ride. Or worse, out of a job because you couldn’t make it in to work. Keep your pride, and your ride, and check out a car repair loan.

How car repair loans work

This is, quite literally, a loan you take out against your car, using it as collateral for the loan. Because the loan is made against your vehicle, you’re almost assured of getting the loan. Most people do. In fact, about 99% of applicants get their car repair loan. Then, you take the loan and make the necessary fix-ups to your ride. It’s a great deal because you repair your car, increase its value, and still get to drive your car-and feel good about your ride again.

Who should apply for a car repair loan

Anyone who has a tough time getting money loaned to them from more conventional places such as banks, or anyone who has problems with their credit cards, or maxed out lines of credit, should consider this kind of loan. The car repair loan is especially designed for you if you have poor credit, down right bad credit, or even a bankruptcy in your credit history. The loan will work for you, too, to help you improve your credit rating, and get you back on track.

How to apply for a car repair loan

These loans are straightforward and easy to apply for. Just go online and fill out a simple application. It’s fast and you can do it all from the privacy of your home computer. In fact, most loans are approved within 24 hours. So you could apply today, and have your money tomorrow-direct deposited into your chequing account if you like.

So, if you own your vehicle-car, truck, SUV, whatever-and it’s less than eight years old, you may well be eligible for this loan. And, you could get as much as 40% of the wholesale value of your vehicle to put towards repairs. That’s a lot of bodywork, and practically a shiny, new ride.

So, if you’re worried that you might soon have to go begging for a lift to work, or even lose your job because you have no wheels to get you around, consider a car repair loan.

Have you been looking forward to all the fun in the sun you hope to have this summer, all the camping trips, the bonfires and beach outings? But, your vehicle is in such a poor state of repair you don’t think it could make it past the driveway? No money in the budget to buy a new one? Don’t despair.

Consider a car title loan

You might think that, if there’s no money on your credit card to fix your car, there’s no money anywhere. But you could be surprised. You might be eligible for a car title loan, using your vehicle as collateral. If you own your car or other vehicle, and it’s less than eight years old, you may be able to qualify for a loan for up to 40% of the wholesale value of your car. You get to keep your ride, fix it up, and still head out to the beach. How much better can it get?

Think you won’t qualify with your bad credit and low credit score? Not so. About 99% of qualified applicants, even applicants with a poor credit history or bankruptcy qualify for the loan.

Then, with the money you receive, you can fix your car, and get back on the highway. It doesn’t matter what repairs or upgrades you might want to do. Maybe get those tinted windows you’ve been wanting, or that set of rims you’ve been eyeing at the shop. Or scale it down, and just get a new paint job, new tires or reupholster the seats. Either way, you can use the loan to improve your ride, and likely improve its resale value, too.

How could you qualify?

Because you use your vehicle as collateral against the loan, it’s much easier for you to qualify. Why not try today? You can apply from the privacy of your living room. Just go online and fill out an application form. It’s quick and it’s easy. You’ll often know in just a few hours, and definitely by tomorrow, that you have qualified for the car title loan. In fact, they will even direct deposit your loan into your account.

Other benefits of a car title loan

A car title loan is especially useful if you have bad credit. It’s a real loan, something you may have thought you could never get again with your credit history. And as you make payments back on the loan, you help yourself re-start your credit engine, and get yourself back in the sun.

Are the springs sprung in your ride? Breaks squealing? Did your dog chew up your back seat? Exhaust fumes coming up through that hole in the floor, and making you dizzy when you drive? But you think you can’t afford to repair your car. Not at all. You can get a car repair loan and put the joy back into your ride.

A lot of people don’t really know about this kind of loan, or understand how it works. But it’s the perfect plan for you, if you have a spotted credit history, or low credit score-or even no credit, or a bankruptcy. It does not matter if your credit cards are maxed out, either. A car repair loan is a loan designed especially for people just like you who have a poor credit history or even no history at all.

How does it work?

It’s pretty straightforward. You borrow money to fix up your ride. It can’t get much easier. If you own your car, and it is under eight years old, you may be eligible for a car repair loan. In fact, you probably are, since about 99% of the loans get approved. Even with bad credit. That’s because your car is the collateral you use to get the loan. See how that works?

How to Apply

It’s easy to apply for a car repair loan online. Fast, too. You can apply from the privacy of your living room. The application isn’t complicated, and it’s often approved in less than one day. Your monthly repayments are made so you can manage them easily. So in 24 hours, you could be approved, and bringing your ride to the shop. The loan can even be direct deposited to your bank account for extra convenience.

If you need your ride-and who doesn’t?-apply today. Whether it’s a car, truck, SUV-you can get a car repair loan for any of these vehicles.

Still not Sure? More Benefits

Still not sure about this car repair loan business? Think about this. You can probably get this loan, right, since your car is going to be your collateral for it? You will have just been approved (with your lousy credit, no less) for a loan-and that goes into your credit history. So the other benefit to a car repair loan-besides fixing up your car-is cleaning up your credit history. And that’s a lot of mileage for your new ride.

Do you have bad or no established credit at all?  If so, you know that until recently, the only loans available to people with the previously aforementioned criteria have been payday, home equity, or debt elimination loans. Even then, that’s not always guaranteed, as everyone is different.  You’ll be happy to know that the latest type of loan that has been added to this list is known as the car repair loan.  When insurance deductibles or car repairs need to be fixed, that’s where this particular loan comes in.

Accidents are Inevitable

It’s no secret that at some point in everyone’s life, they themselves or someone close to them experience a vehicle breakdown on the road.  The cost to deal with such a dilemma can range anywhere from hundreds to literally thousands of dollars.  In most cases, even with insurance factored in, there’s still a ton of financial responsibility left on the owner afterward.  For this, one could invest in a car repair loan.

Unlike other loans, car repair loans are specifically designed for money to be used on the car in question.  Sometimes the repairs that need to be made are just enough to get the car going, whereas other times, major body work may need to be done.  Every situation is different, just like every automobile accident and breakdown is different.  However, for times like these when car insurance simply won’t be enough, you really can have a backup plan.

Expensive Insurance Deductibles

Depending on who your personal automobile insurance provider is, they may not even consider putting anything towards repairs until a deductible has been paid.  You may be surprised, but these loans aren’t just for repair or auto body work.  In the event that you have found yourself in a financial quandary where you simply cannot pay for an insurance deductible, a car repair loan could bring you a sigh of relief.  Many individuals fail to realize that if you are indeed interested in a car repair loan, some borrowers will work with you regardless of your credit rating.  Some lenders will even provide flexible terms that can be worked around any budget, no matter how large or small.

A Wise Investment

While it’s suggested that you repay car repair loans in 12-48 months, you can do it much sooner than that if you wish.  .  As a rule of thumb, you should keep in mind to borrow money and repair your car as quickly as you can.  This way, you won’t run into any problems later down the road.  For those of you who struggle to make ends meet something as small as a car repair loan can turn out to be a huge lifesaver when you least expect it, and one of the wisest investments you’ll ever make.

What makes more financial sense: keeping your current car or buying a new car? When confronted with this decision, most people do not know which option to choose. Before you head to your local car dealership (or scrap yard) take a look at this financial breakdown.

Let’s begin with those of you that are new car advocates. The price of the average automobile in Canada is constantly rising. Thus, you’ll have to fork over a lot of hard-earned money in order to buy a new car, truck, or SUV.

Then again, buying a new car means forgoing expensive repairs, but there’s one more thing to think about: the monthly cost of owning a new car. Owning a car is a lot like making credit card payments. You will have to pay for your car each month, and most of these payments are quite hefty.

In addition to making new car payments, you’ll also have to keep enough money to pay for licensing and registration fees. When you add all of these things together, the result is a fairly expensive car. Now, let’s take a closer look at keeping your existing car on the road.

Most people think about buying a new car when their old car no longer fits their lifestyle. If you need a bigger, or smaller car on occasion, then think about renting a car occasionally. This way, you can have the type of car you need when you need it, but you won’t be stuck paying for a new car.

The other reason why many people get rid of an older car is that car repairs can be expensive. You can easily sink thousands of dollars into an old car, and this can be a costly endeavour. Still, keep this in mind: most car repairs do not equate the monthly amount due when you purchase a new car.

If your car is old, but not yet considered a clunker, it’s really a matter of weighing what will cost you less in the long run. Older cars may need more maintenance, but when that maintenance costs consistently adds up to more than the monthly cost of a new car, it may be time to bite the bullet and buy a new one.

If making car repairs has left your bank account dry, then you may want to think about applying for a car repair loan through a private lender. These loans were made for people that can’t afford the cost of repairs, but can’t live without their vehicle. The loans are easy to obtain (no matter what your credit may look like). Is buying a new car a better idea than keeping your old car? Do the math and decide what’s best for your financial situation.

Your car no longer works. You’ve emptied your bank account and your credit card is maxed out. You’ve gathered all the money from friends and family that you can. You need your car to get to work. What would you do in this situation? If you are like most people, you would probably start to panic.

Not only do we rely on our cars to get us to and from work, we also rely on our cars to live our lives. What happens if you can’t bring your kids to school? What do you do if you are stuck at home on a Saturday night? Who can you turn to if public transportation is not an option in your area? How do you get to appointments, get food and do the other basic things that vehicle owners tend to take for granted?

While there’s nothing comforting about owning a car - after all, those dreaded machines certainly take enough of our time and money - you may be comforted to know that car repair loans do exist. And, not only do car repair loans exist, they are easy to obtain.

Banks and other lenders will likely laugh in your face if you ask for car repair money. But, that doesn’t mean that a loan is not an option. Private lenders are more than happy to help you gain the money you need to repair your car. Only, what happens if you have bad credit? Can you still get a loan?

The thing about private lenders is that they are not like traditional lenders. You see, banks (and other types of lenders) want to review your credit report, make you sign a million papers, and spend months considering your application - all while you are desperately waiting for that car repair money.

Contrastingly, private lenders don’t care what’s on your credit report, they won’t ask you to sign lots of paperwork, and they won’t make you wait for a long time to find out if you are approved for a loan. Most private lenders only want to see that you have some form of steady income and that you have some security for your loan; your car for example.

Add the simplicity of proving that you have a steady income to the fact that you can sign up (and gain instant approval) for a car repair loan online, and you have a winning situation. What do you do if your car doesn’t run? Find a reliable private lender, apply for a loan online, and watch as the funds that you need are deposited into your bank account within 24 hours. You can’t get by without your car, and now you don’t need to. Affording your vehicle repairs couldn’t be easier.

Let’s face it - cars are expensive. From regular wear and tear to intricate engine problems, cars can cost you a lot of money. The problem is that most people do not have enough money set aside to make necessary car repairs. This results in a car that doesn’t run…and a job that’s suddenly a lot harder to get to.

There are a couple of ways to pay for necessary car repairs:

- Credit Card: some garages accept credit cards, though you’ll have to watch out for the credit card trap.

- Borrow: ask your friends and family members for some extra cash

- Loan: speak with a lender about an auto-repair loan.

If your credit card happens to be “maxed-out,” and your friends and family members are tapped-out, then your only available option is to obtain a loan. Traditional lenders used to give out loans for car repairs on a regular basis, though this isn’t the case any longer.
Ever since the economy came crashing down, traditional lenders aren’t quick to, well, lend money. While this may seem rather silly (after all, what good are lenders that don’t lend?), it’s simply a matter of the current economic state.

What can you do if you need money to repair your car, but a traditional lender won’t approve your loan application? Well, you can turn to the once loan source that many Canadians have been turning to over the past few years: private lenders.

Unlike traditional lenders, private lenders offer fast cash at a good rate. Almost all applicants are approved for car repair loans within a matter of moments, which means that you can have your cash in-hand when you arrive at the garage.

Instead of attempting to accumulate enough money to pay for your car repairs, why not get your car back on the road today? Even if you take public transportation to and from work, nothing beats the speed and freedom of having your own vehicle.

If you have a truck to repair, keep in mind that private lenders can provide funds for truck repairs too. No matter what kind of vehicle you need to have repaired, a private lender is the best possible option. While traditional lenders won’t even consider most applications these days, private lenders are more than willing to help you get your car, truck, big rig, or other vehicle on the road in no time.

What’s true within the United States is not always true in Canada. However, this is not the case when it comes to the recent economic recession. This economic downtown is worldwide, which makes economic news in the United States the same (if not similar) to the events happen in Canada. According to a recent U.S. based survey prompted by AAMCO, more consumers are neglecting to purchase new cars. Instead, consumers are attempting to save money by repairing aging cars.

Mike Ganjei (AAMCO Dealers Association) recently stated (based on the AAMCO study findings) that “consumers clearly prefer maintaining and repairing their cars rather than buying new ones” (Reuters). Making necessary adjustments to existing automobiles makes a lot of sense during these dire times. Canadian consumers are following suit by bringing cars to repair centers rather than purchasing new ones.

Garages have seen a rise in business over the past few months due to this car repair phenomenon. In fact, the car repair business might be one of the few businesses that are “recession proof.” For most consumers, repairing an existing vehicle is a much better option (and much less of a monetary commitment) than purchasing a new one. The problem is that not all consumers can afford to repair their cars due to a lack of cash flow.

Add this cash flow problem to the fact that most people need their cars to get to and from work (or to look for new work), and the entire situation looks rather grim. The good news (as some consumers are now finding out) is that there’s a new kind of loan on the market that provides a bit of wiggle-room when it comes to car repairs. Some private lenders are issuing “car repair loans” that prove to be lifesaving in this economy.

Car repair loans do not require a spotless credit history, though they do often require car ownership. Those that can qualify for these loans are joining the ranks of those that have found car repairs to be a much wiser solution to an aging automobile problem. While “buying a new car is a major investment and perhaps not an option at this time for some consumers because of the troubled economy and uncertainty in the job market…” (Reuters), repairing one’s car is an all-around better option. Thanks to unique car repair loans, all consumers (no matter what their job situation might be) have a viable transportation option.

Car repairs are expensive. While the initial cost of a car might not be that much, bringing that same car to the mechanic can easily empty your bank account. Hundreds of people lose money every day due to a car that doesn’t work properly. If you rely upon your car to get to work, to pick up your children, and to simply get around town, you know how important your vehicle really is. But, what can you do if you just can’t afford to pay for those pricey car repairs?

Have you considered applying for a car repair loan? That’s right - car repair loans do exist. These loans are reserved exclusively for those that cannot pay for car repairs up front. While traditional lenders might provide loans to those with stellar credit, these lenders hardly every approve any kind of loan for those with poor credit. If your credit report isn’t something that you are proud of, you can take solace in knowing that there are private lenders out there that will approve a car repair loan for you - no matter what your credit report might look like.

How does this type of loan work? While customary lenders will base your loan entirely upon your credit history, other private lenders will base a loan only upon your assets. This means that your bad credit report doesn’t matter at all. All you need to have is some form of steady income, a car that’s less than eight years old, car insurance, and a clear car title. Car repair loans through bad credit lenders are the easiest and most efficient way to fix your vehicle. Car owners with no credit, bad credit, and a history of bankruptcy can gain a specific car repair loan. This type of loan is also perfect for truck drivers.

Car repairs might cost a lot, but repairing a large truck is another kind of expense altogether. If your rig needs major alterations, don’t skip another day of work. There are lots of loads out there that you might be missing out on if your truck doesn’t work properly. Still, finding the money to repair a large truck might seem like an impossible feat. If you are stuck in this situation, you should know that car repair loans can apply to you as well - regardless of your credit history.

You’ll also be happy to know that paying back this kind of loan is also easily attainable. Monthly payments will always be well within your budget, and you’ll find those repayment terms easy to follow. Why should your credit report prevent you from getting where you need to go? It shouldn’t. Instead, apply for your car repair loan online right now. Within moments, you should be approved for that loan that you so desperately need. Why put your life on hold due to car repairs? Instead of trying to scrape together the money for those large car or truck repairs, sign up for an Auto Title Loan… and get your life back in motion.