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Can You Rebuild Your Credit With A Used Car Loan

Used Car Loans - A Credit Tool You May Not Have Known About

Sometimes through no fault of your own, you may have bad credit. The economy, a job loss, medical bills, or other factors could have contributed to your current financial situation. But just because you have bad credit now doesn't mean that it will always be this way.

You can take steps to improve your credit score almost immediately by making all your household bills and payments on time and in full. Another option to help improve your credit score is to get a used car loan. A used car loan can help rebuild your credit in several ways.

First, when you make timely monthly payments on your loan, it will reflect positively on your credit report. This will help to gradually improve your credit score over time.

In addition, the act of getting a loan and making payments on time can show creditors that you are responsible and capable of handling debt. This can make it easier for you to get approved for other types of loans in the future, such as a mortgage.

Of course, not all used car loans are the same. To maximize the positive impact on your credit score, you'll want to get a loan with reasonable terms. This means getting a loan with a manageable monthly payment that you can comfortably make without straining your budget.

You may also want to consider a cosigner for your loan. A cosigner is someone who agrees to be responsible for the loan payments if you default on the loan. Having a cosigner can help you get approved for a loan with more favorable terms, which can in turn have a positive impact on your credit score.

Although a used car loan can be a great way to rebuild your credit, it's important to remember that there is no quick fix when it comes to credit scores. It takes time and effort to improve your credit score, but the rewards can be well worth it in the end.

Used car loans can help rebuild your credit, but there are also some risks to consider. Your interest rate will likely be higher than someone with good credit. This is because you're considered a higher risk borrower.

You may have to put down a larger down payment than someone with good credit. This is because the lender wants to minimize their risk in case you default on the loan.

If you default on the loan, the lender can repossess the car. This will damage your credit even further. You should only take out a used car loan if you're confident you can make the payments on time. Otherwise, you could end up doing more harm than good to your credit score

Are you in the market for a car and am not sure what the next step is? Contact us either by phone or fill out a vehicle inquiry on the car you are interested in, we would be more than happy to help get you anyway we can.

Buying A Truck What Should You Look For

Did You Fall In Love With That Truck?

We know the feeling.

It could be as simple as finding a truck that you like and handing over your hard-earned cash but, as anyone who's ever bought a used car will tell you, it's never quite that simple. Obviously it needs to fit your budget but more importantly it has to meet your needs

What are you going to be using your truck for?

  • Towing and Hauling

  • Off-Road Use

  • Business Use

  • A Daily Driver

The mileage of the truck is going to be a big factor when deciding on which truck to purchase. You may not know the full history of the truck but if you can ask the dealership or prior owner what they used it for. It they used it for anything other than a daily driver then mileage may not be as big of a factor.

If you don't have direct knowledge of how the truck was used, then you will have to put more emphasis on a mechanical inspection. Cars that have been used to tow or haul will show signs of a well-worn tow hitch, a severely bent rear license plate or a cable for wiring trailer

Do You Like To Go Off-Roading?

The previous own may have too! There will be tell tell signs of an off-roading enthusiast. Muddy or sand filled floorboards, a missing or bent front license plate, and large tires are all good indicators that this truck was taken off the beaten path.

You should also check for any damage to the undercarriage. Any dents, scratches, or cracks in the frame can mean that the truck wasn't properly taken care of or worse, it was in an accident.

Will You Use It For Business Use?

If you plan on using your truck for business purposes, then you'll want to make sure that the truck has been properly maintained. A well-maintained truck will have all of its service records. This way you can see if it has had regular oil changes, tune-ups and other required maintence.

Is It A Daily Driver?

If you're looking for a truck to be your daily driver, then you'll want to find one that is comfortable and has all the features that you're looking for like heated seats, Bluetooth, an infotainment system, etc. You should also take into account how often you'll be driving in stop-and-go traffic. This type of driving will make your fuel economy suffer, so you'll want to find a truck with good fuel economy.

A truck with a manual transmission may not be the best choice if you're going to be sitting in traffic everyday.

The bottom line is that you need to decide what you're going to use your truck for before you start shopping. This way you can narrow down your choices and find the perfect truck for you.

 

¿Sabes cuáles son las diferencias entre GMC y Chev

       ¿Sabes cuáles son las diferencias entre GMC y Chevrolet?


  Las diferencias más marcadas entre los Chevrolet y GMC son el diseño, los precios, el equipamiento y las posibles opciones del motor.
           Los modelos GMC generalmente cuestan varios miles de dólares más que sus similares de Chevrolet. A no ser que tengas una preferencia con la marca GMC o necesites un motor como el Vortec de 6,2 litros, que solamente está en los Sierra GMC, el Chevrolet es una mejor opción en cuanto a precio.
        En terminos de diseño, los vehículos GMC fueron construidos para ser más fuertes que los Chevrolet debido al mercado que quiere cubrir el producto. GMC es construido principalmente para uso comercial y de la construcción, por lo que se emplea un motor más fuerte para así lograr más durabilidad. GMC decidió salir al mercado con suspensión mejorada al igual que la transmisión, esto para rendir en momentos de trabajo duro mientras que los Chevy se utilizan más para los clientes comunes que los utilizarán para labores cotidianas y los días de tráfico.
            Hoy, los vehículos GMC aún conservan los sistemas de frenos más grandes y más fuertes, una transmisión más robusto y de mayor intensidad en los ejes de las ruedas y la suspensión frente a sus contrapartes de Chevy.
Aquí en carnaval auto credit, entre nuestro lote de carros buy here pay here, poseemos varios modelos de chevys y de GMC como los son las Silverado, Cruze, Malibu, Impala, Tahoe, Suburban, Arcadia, Sierra, Yukon y Terrain.

¿Qué casas de carros fabrican “Made in USA”

www.carnavalautos.com
¿Qué casas de carros fabrican “Made in USA”? 

       
El profesor Frank DuBois, un experto en la cadena de suministro global de la escuela de negocios “Kogod School”, nos indica que un carro puede considerarse como hecho en los Estados Unidos cuando tiene más del 70% de sus piezas fabricadas aquí.
           Comprar carros “Made in USA” nos ayuda porque los repuestos suelen ser mucho más económicos, además de que apoyamos a la economía local y generamos más ingresos a nuestro gobierno en forma de impuestos apoyando así el país donde vivimos.
      Ahora bien, ¿cuáles casas fabrican carros hechos aquí en los Estados Unidos? Y ¿cuáles son los carros “Made in USA” más comprados? Aquí en Carnaval Auto Credit les dejamos una lista:

 Chevrolet Cruze. Ensamblado en Lordstown, Ohio.
       Una marca nacido aquí en los estados Unidos que apuesta por el mercado americano, actualmente en Carnaval Auto Credit poseemos más de 30 chevys, tenemos varios cruze, suburban, tahoe, camaro y silverado.

Toyota Camry. Ensamblado en Georgetown, Kentucky, y Lafayette, Indiana.
       Creelo o no, toyota, que es una marca nacida en Japón, cuenta con fábricas aquí en los Estados Unidos y también apuesta por nuestro mercado, aquí en nuesto buy here pay here tenemos gran variedad en los modelos corolla, camry, tundra, sienna y prius.

 Cadillac CTS. Ensamblado en Lansing, Michigan.
     La marca de lujo Cadillac también tiene bastante presencia en nuestro lote ya que aquí en Carnaval Auto Credit apostamos por las marcas “Made in USA”, contamos con los modelos ATS, CTS, XT4, XT5 y Escalade

 
Buick Enclave. Ensamblado en Delta Township, Michigan.
Los Buick se comercializan casi exclusivamente en Estados Unidos y Canadá, es otra marca de lujo que pertenece a General Motors.

 Honda Odyssey. Ensamblado en Lincoln, Alabama.
       Increiblemente tenemos dos casas Japonesas en la lista de carros Made in Usa, esto nos deja ver que nuestro mercado es muy importante para el sector automobilístico.
    Aquí en nuestro lote de carros tenemos varios models de honda, además del Odyssey, tenemos accord, civic y pilot. Todos, apesar de ser usados, están en perfecto estado con todas sus partes funcionando en su totalidad.

Ford F-150. Ensamblado en Kansas City, Missouri.
       Aquí tenemos otro clásico hecho en USA, justo con Chevrolet son la marca que mas poseemos en nuestro Buy Here Pay Here, tenemos todas las ediciones de los F-150, también tenemos varios focus y varios fusion, además de una E-150.

Chevrolet Corvette. Ensamblado en Bowling Green, Kentucky.
       Además de estos vehículos, La casa Ford y la casa Jeep producen gran cantidad de carros en nuestro país. Aquí en Carnaval Auto Credit tenemos a tu disposición todos estos vehículos, ¡ven y escoge el tuyo!.



Puedes comprar este carro 204020

Puedes comprar este carro? 20/40/20 la regla del comprador exitoso.

         La adquisición de un vehículo es una inversión importante, representa una fuerte cantidad de dinero y es el activo que utilizamos para transportarnos y traer la comida a nuestra mesa.
         Por lo tanto, debemos tener mucho cuidado al momento de escoger nuestro compañero y más importante aún cómo vamos a financiarlo ya que cualquier error puede salirnos muy caro.
           Por suerte existe la regla 20/40/20, una regla que nos garantiza que de verdad podamos adquirir el carro que deseamos comprar y lo hace de una manera rápida y sencilla.


        Ahora sí, ¿qué significa esta regla? Sencillo, primero nos indica que al momento de comprar un carro debemos tener la capacidad de proporcionar el 20% del valor como pago inicial (Down payment) esto debido a que si no somos capaces de amortizar dicho monto probablemente no seamos capaces de pagar el carro en su totalidad, además, si pagamos menos, terminaríamos pagando más intereses.
        El 40 representa la cantidad máxima de meses en los cuales deberíamos financiar nuestro vehículo, 40 porque para nosotros no tienen sentido estar pagando carros por más tiempo cuando generalmente luego de 3-4 años ya vamos a querer cambiarlo, mucho más aún si es un carro usado. Además, a más tiempo más interés.
        Por último, tenemos el 20, que representa el máximo porcentaje de tu salario que deberías destinar al pago de las cuotas mensuales, no podemos permitir que este número aumente debido a que las cuotas podrían quedar demasiado altas teniendo así que devolver el carro. Un riesgo demasiado importante.
        Aquí en Carnaval hacemos financiamiento en casa, por lo que te ofrecemos toda la ayuda para que salgas con el carro que deseas, ajustándolo a tu presupuesto para que no tengas que pasar por ningún inconveniente, no hay bancos de por medio y no te vemos como un número, te garantizamos la seguridad de tu inversión, ¡visítanos!

Para un analisis personal Llama y pregunta por Daniel 469-994-3482

When To Change Your Oil

When To Change Your Oil


Knowing when to change the oil in your car depends on the car that you own. To be positive, reference the owner’s manual of the car to know the recommended time to change the oil. It is important to remember not to base your judgment of when the oil should be changed on past experience. The evolution and the different types of cars are constantly evolving and may differ from cars you once had.

 Most owner manuals state that oil should be changed around 5,000 miles, however that may change depending on driving conditions. Examples of severe driving conditions that may require an oil change around 3,000 miles include:

 

  1. Driving in stop-and-go traffic in hot weather
  2. Driving at low speeds of less that 50 mph for long distances
  3. Driving on roads that are dusty, muddy, have salt, sand, or gravel
  4. Towing a trailer, camper, or have heavy objects in the car

 

Overview: Use your best judgment on when to change the oil in your car but make sure to check the owner’s manual to ensure the proper timing of the oil change.

 Olsen, Patrick. “5 Things to Know About Oil Changes for Your Car.” Consumer Reports, 4 Sept. 2017, www.consumerreports.org/car-maintenance/things-to-know-about-oil-changes-for-your-car/.

 Thimou, Theo. “How Often Should You Change the Oil in Your Car?” Clark Howard, Clark Howard, 26 May 2017, clark.com/cars/oil-change/.

History Of The Automobile

History of the Automobile

 

The Horseless Carriage

 

The first automobiles were basically horse drawn carriages that had been fitted with steam engines, giving them the name “horseless carriage”. This early automobile had been built in 1769.

The development of the internal combustion gasoline engine had been created in 1876 by German engineer Nikolaus Otto. The creation of this engine was a breakthrough for the invention of cars. In 1885, Karl Benz manufactured the first car sold to the public in Mannheim, Germany. This automobile was called the Motorwagen. 



Facts about the Motorwagen:

1.     It only had three wheels

2.     It was gasoline powered

3.     The top speed was 6mph - mot much quicker than a fast walking pace!

 

            Source:

“Fun Facts for Kids on Animals, Earth, History and More!” DK Find Out!,                                     www.dkfindout.com/us/transportation/history-cars/early-cars/.

 

 

 

 

Mass Production of the Automobile

 

The Model T, produced by Henry Ford and sold in 1908, was sturdy, reliable, and easy to drive. In 1913, the Model T became the first car to be mass-produced. Henry Ford’s assembly line allowed for the production of 10,000 cars per day, bringing the price down to the level that ordinary people could afford. 


Facts about the Model T:

1.     Black paint was used because it dried the quickest, increasing efficiency of the assembly line

2.     15 million Model Ts had been produced between 1908 and 1927

3.     The first Model T sold for $850, but by 1925 the price was $260 thanks to the assembly line

 

Source:

“Fun Facts for Kids on Animals, Earth, History and More!” DK Find Out!,                                     www.dkfindout.com/us/transportation/history-cars/early-cars/.

 

 

 

 

 

 

 

 

 

The History of the Racing Car

  1. 1895 in France: The first official road was from Paris to Bordeaux and back
  2. 1907 in England: The World’s first racetrack, Brooklands, was built
  3. Early races used ordinary cars
  4. The Bugatti Type 35 was designed specifically for racing
  5. Formula 1 cars are the fastest with speeds up to 22 mph
  6. The World’s oldest race, at Le Mans in France, lasts for 24 hours and is still held today

 

Sources:

“Fun Facts for Kids on Animals, Earth, History and More!” DK Find Out!,                                                www.dkfindout.com/us/transportation/history-cars/race-cars/.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The History of Luxury Cars


In the beginning, simply owning a car was enough to flaunt your wealth. However, as cars became cheaper and more reliable, more middle class people were able to afford cars. With more cars on the road, rich people needed their cars to stand out to still show that they had more wealth. Therefore, carmakers such as Rolls-Royce specialized in producing cars for the wealthy. These cars were often made entirely by hand; their engines were large, powerful and smooth-running, and their interiors were furnished with velvet, leather, and thick carpets.

 

Sources: “Fun Facts for Kids on Animals, Earth, History and More!” DK Find Out!, www.dkfindout.com/us/transportation/history-cars/luxury-cars/.

 

 

 

 

 

 

 

 

 

 

Who Drove the First Cars?


  1. The Wealthy: in the 1900s, they bought cars for pleasure, comfort, and status.
  2. Doctors: They bought small and affordable cars because they were more dependable than hores and easier to keep ready for house calls.
  3. Rural Americans: They wanted cars because they could travel long distances without depending on trains.
  4. Families: They would use cars for ordinary experiences such as errands, going to the train station, visiting relatives, going to the movies, eating, and more.

 

Sources: “Early Cars: Fact Sheet for Children.” Smithsonian Institution, www.si.edu/spotlight/early-cars.

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