Thinking of Buying a New Car? Don’t Wait!

According to this fantastic article by U.S. News & World Report, new car prices could be creeping up for the first time since 2008 by this fall. It makes sense – as the economy recovers from the turmoil of the past couple of years, car companies are recovering as well. People have more money to spend on new vehicles, so car companies will raise prices.

If you are in the market for a new vehicle you may not want to wait until the fall to purchase one. Of course, having said that, at Creative Finance we want you to be prepared for a new vehicle purchase before you sign on the dotted line and that means making sure that you are financially ready for a new car payment.

Before you walk onto a car lot, check your credit score. Is it where it needs to be? In previous posts we gave you resources to find out. How is your income? Can you handle a new car payment? The last thing you need to do is to get yourself into a situation where you are just squeezing by with your money. Believe us, the new vehicle is not worth that headache.

Lastly, do you have your game face on? Be ready to be bombarded with deals that sound too good to be true. Chances are, they are too good to be true. When you walk into any dealership, you might need to give yourself a quick pep talk and remind yourself that you are in control of the situation and that no one is going to make you sign anything that you don’t agree to. Stay strong! You can get the very best deal out there for you and your family!

Do you need auto financing? Creative Finance is here for you! Give us a call at 877-254-6855 today!

Congratulations Wisconsin!

On May 5th, Wisconsin became the 25th state in the United States to illegalize texting while operating a vehicle. At Creative Finance, we are happy about this news! Given the number of fatalities directly related to driver distraction, we see this as a life-saving move on behalf of the American people and especially the residents of Wisconsin.

The National Highway Traffic Safety Administration reports that in 2008, close to 6000 people were killed in the U.S. because drivers were distracted. One of the most popular distractions, especially among the nations youngest drivers, was texting.

Lets keep our children and neighbors safe! Although the new law in Wisconsin won’t go into effect until December of 2010, we can all make the decision today to stop texting while we drive.

And parents – no texting behind the wheel for teens will actually save you lots of money! Insurance companies are raising premiums for those found to be texting while driving.