A New Tax Benefit for Buyers of U.S.-Assembled Vehicles Are you planning to buy a new vehicle soon? The recently passed Vehicle Interest Deduction can help you save money on your federal taxes. This deduction allows qualified buyers to deduct up to $10,000 in interest on auto loans for specific vehicles, but not all vehicles…
Your Guide to Applying for a Car Loan With Bad Credit If you need a car loan but have less-than-perfect credit, you may be wondering how you’ll ever get approved for a loan. Credit scores are used to evaluate the likelihood you’ll pay back your loan; therefore, lower scores are perceived as being riskier for…
Should You Refinance Your Car Loan? Refinancing your auto loan can be a smart financial move, but only if the timing and circumstances are right. Whether you want to lower your monthly payment or take advantage of better interest rates, it helps to know exactly when refinancing makes sense. Here’s what to look for. Your…
Unlocking the Value of Dodge Financing at Lexington M&L If you’re in the market for a new Dodge vehicle, navigating the financing world can seem daunting. However, at Lexington M&L, we strive to make your car-buying experience as seamless and rewarding as possible. With our array of Dodge financing incentives, we aim to help you…
Should I Get Pre-Approved for a Car Loan? You’ve done your research, visited countless dealerships, and managed to find the car of your dreams. Now, there’s just one thing left to do: figure out how you’re going to finance your new vehicle. Unless you’re planning to pay for it all at once, you’ll need to…
Is it Better to Lease or Finance a Car? Getting a new vehicle is always an exciting venture, however, the looming question is whether you should lease that new car or finance and buy it. Both are great options for car buyers to have, but ultimately the decision comes down to three main factors: the…
What to Bring With You When Buying a Car There’s no denying that the car buying process is exciting, but can be nerve wracking if you’re not prepared with the necessary documentation. Knowing exactly what to bring with you when buying a car can help mitigate the stress and leave you feeling more confident and…
Do You Need a Car Down Payment? While it is possible to buy a car without a down payment, it may not be the smartest financial decision to make. Unless you’re planning on trading in your current vehicle for a new one, skipping out on the down payment could cause you to have higher monthly…
Signs You Should Consider Refinancing a Car Loan If you’re reading this, there’s a good chance you borrowed money from a lender to finance your car. However, if you aren’t happy with the offer you received, the good news is that there are ways to refinance it. Refinancing a car loan could help you save…
How to Lower Your Car Payment For many, the new year means taking a closer look at finances and budgeting accordingly. By doing this, you may realize that you need to cut back on some of your monthly expenses — and according to recent studies, transportation costs are the second-largest category of expenses for the…
