How exactly does a bank auto loan work?

How exactly does a bank auto loan work?

I'm looking at a 97 Mitsubishi Eclispse GT with 82000 miles on it between two owners, a mother and daughter. The asking price is 5000. I've already seen the car and had a buddy test drive it. The only glaring problem is that the A/C doesn't work. Other than that, it seems like a good buy. To get this car, I'd need a bank auto loan. The problem is, that the lowest amount on a loan I could get is 7500. So how would the bank distribute the money? Would I be able to use the remaining money for repairs/insurance/titles etc? Or do I have give the remainder right back? Is it feasible to buy the car, then use the what's left to make the monthly loan payments back. That would avoid several months of payments out of pocket. I know I need to go in to talk to a rep anyways, but I figured I'd get what info I could. Thanks

 

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I'm 17 and want to get a second hand car but the insurance is too high. I plan to get the car, put it in my dad's name and then drive it myself. Will that reduce insurance premiums?

 

 

How long does it take for a speeding ticket to affect my insurance rate?

I got a speeding ticket this week, and it says I have to wait 3-4 weeks for the courtesy notice with the bail info. I'm just wondering how soon this might affect my insurance rate (i.e. after the citation is processed?). P.S. Can you request traffic school to remove a point for speeding?

 

 

What is the most affordable personal medical insurance carrier you have found?

I know that no medical insurance is cheap, especially when you have to buy a personal policy not given thru your work. But, I have to get coverage for me and my husband. We just need basic insurance I guess....Like for medical and dentist visits. Have you found a more affordable insurance carrier? Or have any advice on what to look for in a new one? Thanks!

 

 

Insurance costs for a 1999 ford mustang gt?

I am just wondering what the insurance cost would be for a 1999 ford mustang gt would be for a 17 year old male. I get a's and b's on my report cards. Also, would the insurance costs for a 1999 ish Ford Mustang base(not gt or cobra) be lower? Thanks, Alec

 

 

Health insurance options for a college student?

One of my best friends is headed off to college, but she doesn't have health insurance, and her parents won't allow her to stay on theirs (they can't afford it, either). I'm concerned for her and obviously want to know if there are some options for her to get some affordable but decent health insurance. What are her options? For the sake of this question, assume that her university does NOT provide their own student health care options. Thanks in advance!

 

 

I want to take a used car home from the dealer but I have no car insurance or insurance card...?

What do I have to do to make this possible? I'm trying to take this used car home for the night and drive it around but I have no insurance card.... I have a license..but no car insurance and all the salesman is asking is for my insurance card. What do I need to do to get around this?

 

 

Why wouldn't you call your auto insurance company when you have collision and comprehensive coverage?

My impression is that they're worried about their policy rates going up, or maybe they don't have auto insurance? But why not take advantage of your auto insurance whether you end up pursuing the claim or not?

 

 

Car insurance and my rates?

Hi, I live in Adams County, PA and I have been with the same insurance company for about 20 years. I have a 1996 Chevy Suburban, high mileage. I have no accidents, violations, or points. I have a clean record. I walk to work and don't really drive far. I am paying over $1100 a year. This seems high to me. Is it?

 

 

How much will insurance cost for a mazda RX-8, 2004?

I am 17, 18 in December but I was wondering how much it would cost for insurance per month and annual since I am a teen?

 

 

What is a good place to get cheap SR-22 Insurance in the state of Utah?

What is a good place to get cheap SR-22 Insurance in the state of Utah?

 

 

Pregnant And Can't Get On State Health Insurance!! What Should I Do!?

I'm so pissed off!! I have tons of medical bills stacking up and I am on no health insurance! Because I live with my parents and am under age 21 (I'm 20 and will be til May), and I already have one son. Thankfully he's covered. But I have all these bills that are stacking up and won't be able to be paid off because by the time I get on anything it'll be past the 3 month time limit for back pay!! I live in MN and the problem with getting my parents income is my mom and dad both have new jobs, but my dad was laid off his old job so how the hell am I supposed to get his stop work form filled out by a company that no longer exists!?! I can't get on anything unless I have their income!! Even tho' I'm 4 months pregnant!! This is so f***'d up!!

 

 

What is private health insurance?

can anyone give me a definition of private health insurance please? thankyou!

 

 

Can someone add me to their car insurance policy without me knowing?

my husband, kids and I live in a split house with my in-laws and their car insurance policy was going to add us to their policy without us even knowing. is that illegal. my aunt works for state farm and she's never heard of it in her 25 yrs of working for them. i own my own car insurance through state farm and i don't need two.

 

 

Car Insurance For 17 Year Old?!?

So im doing my driving lessons but am so worried about insurance. I want to go on my dads insurance who has maximum no claims bonus. The car I will be driving is a 1.2L Vauxhall Corsa SXI (52 Plate). The cheapest quote I have had is 4000. I was just wondering if any of you guys know the cheapest insurance provider or can help me in anyway at all or tell me the best thing to do? Im willing to do a Pass Plus if that helps? Thanks.

 

 

If you drive with no license or insurance are you automatically at fault?

A friend of my got into a car accident, his car was totaled and at the time he had a suspended licenese and no car insurance. Although the police report shows that he was not at fault the insurance company of the other party is now persuing him for $14,000 in damages. Unfortunatly he is having economic hardships and cannot make the payment they are requesting. They are clearly making threats to suspend his license if he doesnt pay $250 a month. Because he had no insurance or license is he automatically at fault? Is there anything he can do? Does anyone have any info on a good lawyer? Any Information would be helpful. Thank you :-)

 

 

Auto Insurance Rates...Own Vs. Lease?

I'd like to know if there is a HUGE difference in monthly auto insurance rates if you Lease a car instead of buying one? Things to consider for my scenario: 1) I'm a 23 yr old male, so my rates are still higher until I turn 25 2) Will have to have full coverage considering I won't own the vehicle in either scenario (I'd have to finance if I bought). Any info would be greatly appreciated!

 

 

Should Keep or Look into term Life Insurance Quotes?

I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look into term insurance?

 

 

Cobra or individual health insurance?

If I loss of group health insurance due to end of employment, but the company offers Cobra plan which is too expensive for me, can I get the individual health insurance or I have to stick with the Cobra plan? I live in NJ.

 

 

Does production company need insurance?

One of my biggest concerns when starting a production company that would specialize in small time video making for buisnesses and there services for marketing and commercials possibly who knows would be INSURANCE would I need liability insurance or is it illegal to just not have that or is it for piece of mind.So say if my production business shoots a restaurant and there services and then shoot some motor cross business where they advertise there atvs and vehicles etc.If the answer is yes then what if I use my own stunt riders? is liability insurance a law to have? I'm in the TEXAS

 

 

CAR INSURANCE FOR 20 year old with G2?

I live in scarborough toronto and I'm paying my auto insurance $450/month for 2000 Oldsmobile Intrique. You guys know any better and cheaper insurance companies? Additional info: I'm 20 male Scarborough Have G2 and certificate insurance for 2000Oldsmobile intrique. PLEASE HELP!!

 

 

Why do Norwich union offer really high insurance quotes and then refuse to price match ! am 31 have 4 years no

why do Norwich union offer really high insurance quotes and then refuse to price match ! am 31 have 4 years no claims that claim was due to a car fire so not much risk and their quote is 150 more than anyone else

 

 

Car insurances when ur under 18?

i dont get insuraces... if the car is insured (my parent car) can i drive it? or when do i need to be insured? i live in california and i have a permit right now

 

How exactly does a bank auto loan work?

I'm looking at a 97 Mitsubishi Eclispse GT with 82000 miles on it between two owners, a mother and daughter. The asking price is 5000. I've already seen the car and had a buddy test drive it. The only glaring problem is that the A/C doesn't work. Other than that, it seems like a good buy. To get this car, I'd need a bank auto loan. The problem is, that the lowest amount on a loan I could get is 7500. So how would the bank distribute the money? Would I be able to use the remaining money for repairs/insurance/titles etc? Or do I have give the remainder right back? Is it feasible to buy the car, then use the what's left to make the monthly loan payments back. That would avoid several months of payments out of pocket. I know I need to go in to talk to a rep anyways, but I figured I'd get what info I could. Thanks

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