A single mother is faced with so many challenges. You have so many priorities that it’s difficult to pinpoint which one is top priority. It is easy to say your children are top priority, but you cannot take care of them well without maintaining a good job and taking care of yourself. Then there’s the family car.
Do some research beforehand and make a list of models that make your budget. Check out review websites on how these models perform on the road or how fuel efficient they are. Prepare cash for down payment. Keep in mind also that you are most unlikely to get bank loan approval if you were living on alimony or child support. If you are really low on cash, why not consider buying a used car? There are good digitale ressurser out there, but you might need the help of a mechanic to check them out.
Taking car loan from some financial institution is the easiest and most used way of financing your car. In this case the car you buy is actually a possession of the lending institution. The formal term used is ‘hypothecation clause’, which means that though you own the car, the lending institution is using the car as a security against the loan taken by you. Once you have cleared all the dues, this clause is removed from the agreement. It is notable that a self-employed person can get tax relief on the interest paid for the car loan.
You need to do all the necessary paperwork when you are going to buy a car. The paperwork includes dealing with power of attorney that allows the dealer to go to the RTO and register the vehicle and transfer of title in the case you are trading in a car. While signing the legal documents take care and do not hesitate to check the facts in case you have any doubts.
The choice to get a car lease is a good one, and getting a lease that is short is a very good choice to make. Another great benefit associated with a car lease is that you will have relatively the same monthly payments as you would with a long-term lease. The reason for this is that you are not paying off the vehicle, you are essentially renting it. As a result, you don’t need to pay off the car in a certain amount of time, you just rent it for when you use it.
I then called Rick Andrews of Andrews Mortuary, the parent company of Atlantic Cremation. Since he is technically Mr. Martin’s boss, I thought I would be appealing to a professional. I told Mr. Andrews what Mr. Martin said. Mr. Andrews then called me a liar – “Mr. Martin would never treat you that way!” Over the course of the conversation, Mr. Andrews affirmed everything that Mr. Martin had said, and then accused me of being “most unreasonable”. I told him that I would be reporting his companies to the Attorney General and to whomever regulates funeral homes in North Carolina, and he arrogantly urged me to do so. At that point, I gave up.
Get in contact with organizations or from a government ministry. They are there to protect you from businesses or people who take advantage of you. Ask them about the car dealer you might buy your next car from. They’ll help you!
Probably the most important thing you can do before you sell your car to a dealer is to have the vehicle detailed. Presenting the dealership with a car that is clean inside and out, vacuumed, waxed and shining like new can help bring top dollar for your vehicle.