No more loans for car financing

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Transcript of No more loans for car financing

Page 1: No more loans for car financing

Want to sell junk car on short term? In that case make sure to have a look at the car sell website sellingthecar.com where you'll receive an offer within 48 hours guaranteed, no strings attached.

No more loans for car financing, more "car for cash" sites

We live in a time where you can get some sort of loan for about any kind of object,

whether it's for renewing your furniture, or to go on a tropical holiday, or even to buy an

expensive new car.

Despite the fact that loans are available for the people, we clearly notice that the majority of the

population choose to pay cars off at once instead of paying off a loan. According to statistics we

see that 81% wouldn't want to buy a car with a loan because of the financial insecurity caused

by the financial crisis. Everything is becoming more expensive, while salaries stay the same and

unemployment keeps rising nonstop. This makes people think twice before taking a loan of

some sort for a luxury item such as a car, no one wants to get evicted from their house because

they are unable to pay off their car bill, right? Nowadays we notice that instead of going to the

car dealer down the block people would rather go have a look on "car for cash" sites to buy or

sell a used car.

Buying a car with a loan

It definitely sounds like an attractive option to be able to buy a brand new BMW and only having

to pay a couple of bucks each month to pay it off, but what if you calculate everything properly?

The mortgage/rent, your medical insurance, car insurance, taxes, water/electricity/gas and so on

and add the monthly car payment to all that you might want to reconsider taking that step. With

the financial situation being out of balance the last couple of years and getting worse by the

minute it usually isn't the smartest move you can make. If you still have any doubts than

watching one season of the TV series Operation Repo will probably make you reconsider your

choice and choose to buy a used car on a "sell junk car" website.

Used car sales increases quickly

Page 2: No more loans for car financing

Want to sell junk car on short term? In that case make sure to have a look at the car sell website sellingthecar.com where you'll receive an offer within 48 hours guaranteed, no strings attached.

While the new car sales dropped by a scary 31.5% in January we notice a huge increase in junk

car sales through "junk car for cash" websites on the other hand. People would rather buy a

junk car for a couple of hundred dollars with some technical problems here and there instead of

a pretty, luxury, shiny new one with an expensive loan that they're attached to for several years

because they're afraid of what the future will bring. This is why "sell car for cash" adds are filled

with thousands of adds while on the other hand car dealer showrooms run empty and slowly go

bankrupt one by one.