Car Dealer Teaches Consumers How to Lower Payments, Pay Less Interest, & Get a Better Deal in New Exposé on the Auto Industry

The biggest issue with payments goes well beyond the amount you pay per month. How much principal is being paid down on your payments? How many payments do you have left? What interest is left on those payments? Can you get the payments down in a beneficial way? Most payments go up each time you trade. These higher payments are not necessarily due to having a much nicer car. Most of these payments go up because of negative equity. Negative equity is created when the principal being paid down on your payments cannot keep up with your car’s depreciation. Payments must be managed beyond what you can afford in your household every month. A great payments strategy is a must to avoid becoming upside down and paying far too much interest.

In my exposé Car Wreck; How You Got Rear-Ended, Run Over & Crushed by The U.S. Auto Industry, I teach you how rebates and rental cars affect the payments on both the car you buy and the one you trade in. I cite cases where consumers have lost half their money in the first week of ownership, simply by purchasing and registering the wrong car. I teach you how to understand advertising. I simplify an explanation about leasing and the hedge it provides against resale risk and higher payments. Furthermore, I teach you how interest charges are rear-ending consumers in 33 states, penalizing customer with every successive payments plan they take. You are not alone. The impacts are of pandemic proportions. The average consumer owes his bank $4,700 more on their car than its truly worth. Learn how you got this way and what to do about it!

Bigger payments aren’t always a bad thing, especially when those payments are for a short term. Even though such payments are usually larger, you avoid owing more on your car than what it is worth. I teach you how to manage your payments with your habits. You must match your payments term to your trade-in term. Payments on a manageable level and budgeted properly trump long-term lower payments commitments every time.