IS YOUR CAR STILL WHERE YOU PARKED IT?



According to FBI reports, in 2015 in the US alone, a motor vehicle was stolen every 45 seconds.

We spend only a fraction of our time in our cars that we spend a lot of money on, so it’s good to know what goes on with our cars when we’re not around to watch them.

We can’t scare the thieves away or arrest them, but you’ll get a notification to your phone every time someone tries to compromise your car or tamper with the device – even when someone just hits your car while it’s parked, and tries to get away with it. The notification you receive from We will allow you to catch thieves or reckless drivers.

Even if you’re too late to catch the perpetrators on spot, We allows you to monitor the movement of your vehicle and report the location of your car to the authorities so they can retrieve it and return it to the safety of your garage.

With we car tracking feature you can even park your car wherever you like while you run your errands, without ever worrying if your car is safe or if you can remember where you parked it. We provides you peace of mind while your car is parked.

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How does a car refinance loan work?

Whether your goal is to lower your monthly car payments or reduce the total interest you pay on your car loan, it’s important you understand how refinancing your car loan works.

Refinancing your car loan is replacing your current auto lender with another lender. This involves changing the name of the company that is listed on your car’s title, which is a document that details proof of official ownership. That means you will make payments to the new lender until your loan is paid off.

Before checking your rate for a car refinance loan check to make sure that when you obtain a quote it won’t be a hard inquiry on your credit report. This can impact your credit score. When you apply, a lender will look at your credit profile, as well as the make, model, trim and mileage of your car to determine your rate. You won’t need to have your car appraised the way you do when you refinance a home. Lenders will look at the value of your vehicle relative to how much you owe on the vehicle, called your Loan-to-Value ratio.

What else lenders will look for

Lenders will also look at how many payments you have left on your current auto loan to understand if refinancing is worthwhile for both parties. Typically, you need a minimum of a few months to show on-time payment history but after that, the more recent your current loan is the more potential refinancing will have to save you money. The way that many auto loans work is that the majority of the interest is paid during the beginning of the loan. Check the amortization schedule of your current loan to see what percentage of your payments are interest payments.
Once you get your rate, you should evaluate if the rate or terms offered to meet your financial goals. You should also make sure that you understand any additional fees or prepayment penalties so you can understand the total cost of the loans you’re comparing.

The process

Once you select your lender there are certain documents you need to refinance your car loan. For example your insurance and registration cards.

Once everything is verified and approved, you may be asked to complete a Power of Attorney (POA) form so your car title can be transferred from your previous lender to your new lender. A POA shows that you have authorized the title transfer to the new lender.

Your current lender will then pay off your previous lender. When you receive confirmation that your refinance is complete, your new lender will be responsible for your loan. You’ll make payments directly to them and contact them for any questions or concerns.

Depending on how fast you can submit your documents, many lenders will take between a few days to a few weeks to complete the refinance.

Want to check your rate to see how much you could save with a car refinance loan through Lending Club? Check your rate with no impact to your credit score.

 

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WHY ROADSIDE ASSISTANCE MATTERS

A ROADSIDE STORY

Many drivers take roadside assistance for granted. Some driver might not even know they have it. I personally cannot tell you the number of times that roadside assistance has come to my rescue. Locked keys, flat tire, or battery jumps; roadside assistance is a wonderful tool.  “I can jump my own car” some might say. My response is to imagine the following…

EYES ON THE ROAD

It is the middle of the week. With just a quarter past ten, the streets seem to be clear. With limited cars in sight, you can probably shorten the stretch in reaching your cozy destination. Then suddenly, so you see something. Up ahead, a man frantically waves his hand at oncoming vehicles but none stopped. Then you pull over.
This middle-aged guy Jimmy tells you that his automobile won’t start shortly after you came out of your pick-up truck. He has stopped at a convenience store in order to buy some bread. When he started the engine, what he hears is the tapping sound akin to someone tapping on a Morse code apparatus. Then it hits you.
So here you are, offering roadside assistance to somebody. A lot of scenarios suddenly pop out of your head. Do have the necessary tools to help the guy out? More importantly, do you have enough knowledge to jumpstart his automobile?

LEFT SOMETHING OUT

Let’s try to backtrack here a bit. Prior to jumping into your car, there has been no indication that you’ve taken the necessary preparation for a road trip. Although vehicles usually have tools, there is no guarantee that these materials are complete. Missing out on trip preparations can, at times, be disastrous for you.
For instance, even if you have the alligator jack or the lug wrench but you forgot to bring the early warning devices, changing a flat tire can still be dangerous for you. So preparing the necessary tools is definitely vital.
Going back to the guy who needed road assistance, it will be a double whammy if he himself had not brought in the necessary materials. It will even be more disastrous if, like you, he has a very limited knowledge about fixing cars.

WHAT NOW

You must take note that troubles on the road are doubly catastrophic if it happens in solitary or less populated highways. How will you and that person you intended to help get through the problem? Here are the practical approaches to this predicament.
Primarily, you need to have the contact numbers of your mechanics with you. That way, you can call them up when you need roadside assistance. It also helps if you know the area that you are treading on the way to your destination. Doing so allows you to have the exact locations of nearby service centers.

LEARNING TRULY HELPS

Secondly, it is best if you have at least some practical know-how about vehicles. The tapping sound on the car of the person you’ve tried to help can probably be attributed to loose battery terminals. However, you will not know that unless you have previous knowledge about such thing. The truth is you don’t need to be a mechanic in order to survive on the road. Having some solutions about common automobile troubles is all you need.
Third, you need to be receptive about the situation that you are in. The guy who needed your assistance may have parked his car properly but in most roadside troubles, the cars usually stall or lose power in the middle of nowhere. Now that is very dangerous. Imagine yourself being in the center with speeding vehicles zooming around. That early warning device will come in handy in such situation.

BRING IN THE ESSENTIALS

To sum it all up, you need three things to keep roadside assistance essential. Preparation is key to everything. One, you need all the numbers from people that will help you in case things get complicated on the road. Talking about contact information, you should take note that this is not only limited to mechanics and towing companies. This also means that you should be able to reach persons with authority like policemen or firemen. At some point, these people will provide you with the resources or services that you need.
Two, acquiring practical knowledge about car troubles will not hurt you. In fact, it will be your gateway towards greater facts where automobiles are concerned. Three, equally important is that sense of awareness. Car troubles always happen unexpectedly. You need to be on top of the scenario when that happens.

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THE DIFFERENT CAR WARRANTY DEALS AVAILABLE

Automobiles are generally the worst investment a person can make because they depreciate faster than almost any other commodity on the market. Even when buying a car brand new it depreciates the second it is driven for the first time off the dealer’s lot. Because all cars will eventually need some form of repairs, get a car warranty to help protect against the high prices of car repairs.

To begin the process of looking for the best warranty, make sure to see if the dealership offers a limited time warranty on the car in question before signing the title. After a few thousand miles or a limited amount of time, dealership warranties will expire causing motorists to seek out alternative avenues for coverage. When these service plans expire, look into the most recognizable types of warranty coverage.

One of the first and usually most acquired varieties of warranties that people obtain is the bumper to bumper package. This package provides solutions to a variety of different problems a motorist may be forced to face while operating their vehicle. Some of the benefits to choosing this package are having a towing and roadside assistance coverage, trip interruption and rental car protection, and it can repair things from gaskets to electronic equipment.

People who do not like to sign onto a large coverage package also have the option of comprehensive coverage. Comprehensive coverage is more geared to the individual though they usually follow a few set guidelines that are laid out by the coverage company. Full comprehensive warranties are usually the most favorably priced. However, the drawback to this style is that a driver must read through and be sure of all the ins and outs of policy before signing it.

The powertrain warranty has become a national phenomenon because of the great coverage it affords anyone who uses it. Powertrain warranties are set up to help a person pay for large automotive repair projects which usually cost the most money to fix. These projects include general engine repair and transmission fixes. Wheel axles and the driver shaft are also covered with this style of warranty.

Along with a car warranty, the enhanced powertrain warranty can take a person deeper the automotive security blanket than ever before. These warranty type covers all the same materials that its original predecessor included, only it adds a few more pieces on top. Wheels, all electrical appliances and equipment, and even the air conditioning is covered when getting this package.

Finding the best car warranty for a personal situation is really a great way to help stem the costs accrued by taking a car into the shop. By paying a meager amount of money dedicated to a monthly premium, people will save money in the long term because they will avoid being at the mercy of mechanics. Find a coverage package that best fits people’s money and transport needs to make a well informed decision on the topic. Remember, a few bucks a month may be worth it as compared to paying out thousands at one shot for a new transmission.

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