If you’ve ever researched loans and gotten overwhelmed with terms like car loan pre-qualification, pre-approval, and approvals, then you’re not alone. That’s why we’ve developed this handy-dandy guide. The post Car Loan Pre-Qualification: The First Step to Finding an Auto Loan appeared first on Tresl Auto Finance ..read more

You likely can’t predict the rate you’ll get just by polling your neighbors. Still, a little research never hurts. Here’s the latest data on auto loans—and more importantly, how you can improve your odds of securing a good car loan rate yourself. The post Must-Know Tips for Getting a Good Car Loan Rate appeared first on Tresl Auto Finance ..read more

The Difference Between an Interest Rate and the Annual Percentage Rate APR on an Auto Loan Most car loan contracts list two rates, your APR and your interest rate. Interest rate or note rate is the lower of the two rates and represents the cost per year of borrowing money – NOT including fees or interest […] The post APR vs. Interest Rate For Car Loans appeared first on Tresl Auto Finance ..read more

How Can Auto Loan Refinancing Affect Your Finances? When you refinance a car, you replace your current car loan with a new loan of different terms. In practice, auto refinancing is the process of paying off your current car loan with a new one, usually from a new lender. This process can have varying outcomes […] The post How Does Car Refinancing Work? appeared first on Tresl Auto Finance ..read more

Learn What To Consider When Buying A Leased Car At the end of a car lease, you generally have two options. You can either return your car to the leasing company or you can purchase it. A car lease buyout is different than buying a new or used car with which you have had no previous connection. […] The post What Is A Car Lease Buyout? appeared first on Tresl Auto Finance ..read more

Learn How Car Loan Interest Affects How Much Your Car Costs When you take on a car loan to buy a car, your lender purchases the car for you and allows you to pay it back over a period of years. Essentially, the lender gives you the service of using its money, and in exchange, […] The post How Does Car Loan Interest Work? appeared first on Tresl Auto Finance ..read more

Three Steps to Refinance a Car Loan At a basic level, refinancing is the process of replacing your current car loan with a new one. While people refinance their cars for many reasons, you ideally want to reduce both your monthly payments and the cumulative interest charge you pay over the course of your loan. Here […] The post How To Refinance A Car appeared first on Tresl Auto Finance ..read more

Why Auto Refinance Might Be Right for You Most people refinance their car loans to 1) lower their monthly payments, 2) decrease their interest rates, or 3) remove (or add) someone on their loans. Let’s look at each reason for refinancing. 1. Lower Your Monthly Car Payments One of the most common reasons people have […] The post Three Reasons to Refinance a Car appeared first on Tresl Auto Finance ..read more

Learn the Benefits of Buying a Company Car If your employer has company cars, you may have the option of buying one when your employer or its fleet management company removes vehicles from its fleet. You may have the option of purchasing a company car that you have been driving, or you may be able to choose another […] The post Should I Buy A Company Car? appeared first on Tresl Auto Finance ..read more

Learn When To Refinance A Car Loan Each auto refinance deal is different, so the timing of when you should refinance your car loan depends on when it makes the most sense for you. Still, most people refinance their car loans when 1) their credit has improved, 2) they need to lower their monthly payments, 3) […] The post When Should I Refinance My Car? appeared first on Tresl Auto Finance ..read more