Toronto Debt Solutions

Diminished car value claim:  Introduction You need to know just how car and truck manufacturers and dealerships have achieved higher sales in Canada. By forcing a diminished car value claim on you.  Everything starts with pitches like this: 112 bi-weekly at 0%, reduced payments extended over a longer time period. Over half of brand-new vehicle loans are for 7 years or longer.  This is a huge change from exactly what was the standard for perhaps 5 years. Diminished car value claim:  What is the best term for a car loan? The very best time period for an auto loan, on average, is no greater than 5 years.  If you are the type of person that hangs on to your car for a very long time, then you could also opt for a 7 or 8 year loan.  Regardless of your choice, the key is that you have to hang on to your car for at least the length of the loan.   Letting go of your car earlier than when the loan is fully paid off , either through a forced sale, accident write-off or trade-in for a new set of w...

Diminished car value claim:  Introduction You need to know just how car and truck manufacturers and dealerships have achieved higher sales in Canada. By forcing a diminished car value claim on you.  Everything starts with pitches like this: 112 bi-weekly at 0%, reduced payments extended over a longer time period. Over half of brand-new vehicle loans are for 7 years or longer.  This is a huge change from exactly what was the standard for perhaps 5 years. Diminished car value claim:  What is the best term for a car loan? The very best time period for an auto loan, on average, is no greater than 5 years.  If you are the type of person that hangs on to your car for a very long time, then you could also opt for a 7 or 8 year loan.  Regardless of your choice, the key is that you have to hang on to your car for at least the length of the loan.   Letting go of your car earlier than when the loan is fully paid off , either through a forced sale, accident write-off or trade-in for a new set of w...