2009 Winter Auto Guide
Keys in the door of a silver car
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9 steps to a car loan on damaged credit

8. Look out for add-ons
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Nonprime buyers are more likely to encounter lending contracts stuffed with nonessential goods and services, says Josh Frank, senior researcher for the Center for Responsible Lending in Durham, N.C. Never allow the loan to be contingent on purchasing any add-on, such as extended warranties, after-market services and even insurance, says Frank.


 

 

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Tara Baukus Mello

Big fines for car seat maker

Child safety seat manufacturer Graco received a $10 million penalty from the U.S. Department of Transportation, saying the company failed to launch a timely recall of 4 million defective car seats.  ... Read more


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