Needed to Refinance a Car Loan

Refinancing Your Current Auto Loan

What is auto refinancing? Refinancing a car is a similar concept as refinancing a home. When you refinance a car loan, you pay off your current car loan and replace it with a refinance car loan with a new lender at a different (generally lower) rate. If you have purchased a car and were given a loan with a high interest rate, you may want to think about refinancing your auto loan for a lower interest rate. Refinancing your existing car loan can save you money each month by lowering your car payments.

Is an Appraisal Needed to Refinance a Car Loan?

Some people think an appraisal is required to refinance their auto loan. This is not true. When you refinance your home, you do need to have an appraisal since the loan is based on the equity in the home. With auto refinancing, the loan is based on how much money you need to pay off your current car loan, not on the value of the car.

Bad Credit Auto Loan Refinance

If you had credit problems, refinancing a car loan might be a good option for you. You may have accepted an auto loan with a high interest rate because of a bad credit history. But, if you have maintained a stable job since you bought the car and have been making consistent, on time payments for a year or more, you may be able to lower your current interest rate. It's worth looking into it.

SOURCE: HSBC Auto Finance Article

Customised Car Audio Ideas

Customized car audio ideas

This a customed fiberglassed enclosure and it houses 8 JL Audio 15W0 Subwoofers. It is painted Medium Dark Pewter to match the interior. I'm also going to make a "Block Shaker" logo that's going on the enclosure behind plexiglass.

Lexus customized car audio

Honda Civic customized car audio

Nissan 240sx customized car audio

Malaysia firm's 'Muslim car' plan: Proton Newest Model

Malaysia firm's 'Muslim car' plan

By Robin Brant BBC News, Kuala Lumpur

Proton believes it may have found a huge gap in the market

The Malaysian carmaker Proton has announced plans to develop an "Islamic car", designed for Muslim motorists.

Proton is planning on teaming up with manufacturers in Iran and Turkey to create the unique vehicle.

The car could boast special features like a compass pointing to Mecca and a dedicated space to keep a copy of the Koran and a headscarf.

The idea came during a visit to the Middle East by a delegation of Malaysian politicians and businessmen.

Malaysian press reports say officials in Iran originally suggested the idea.

Safety features or fuel economy is one way of selling a car, but Proton thinks vehicles designed specifically for Muslims across the world represent a huge gap in the market.

Proton is the most dominant car on the streets here but the company has suffered recently after the government allowed more foreign cars to be imported.

The firm has been in talks recently with VW about a takeover by the German car giant.

Perdana V6 latest model

Perdana V6 new model just launched by Proton? I received an email from a friend of mine, saying that Proton will launch a new model for Perdana V6 and he attached few pictures of the Perdana V6 new model. Well to tell you the truth, it is quite impressive.

The design wise look wow,stunning, provided the price is affordable for Malaysia. The Perdana V6 owner had have enough of the previous model.The second look however, it remind me of Renault of Citroen design. Or it is just face lift of these cars. It think it about time for Proton to consider new changes of Perdana face lift.