Get the Latest Used Car and Truck Updates

10 Ways to Pay Off Your Car Loan Early

If you have a car loan, it can be difficult to always make sure you set the money aside to pay it. This can be more than annoying – it can actually damage your credit if you forget. Plus, there are so many other things you could be doing with that money! If you want to get to where you no longer have that car loan, the best thing to do is pay it off. Here are a few ideas of ways that you can pay the loan off early, allowing you to use those funds for other bills, or even just to have fun with.

Make More Payments

Typically, a car loan is due back in monthly installments. This means you make 12 payments per year. If you were to do a half-payment every two weeks instead, this would give you an extra payment at [...]

Why Your Credit Score Matters When Buying a Used Car

Everyone knows that the credit score is an important part of the process when they are buying a new car. But did you realize that your credit score is just as important when you are buying a used car? Here is more information on why your credit score matters, and what it helps reveal about your financial status.

For starters, even though your credit score is summed up in a single number, there are actually many variables that go into arriving at that number. What’s more, each variable is weighed differently, meaning that a negative history in one aspect might not hurt you as much as a negative history in another aspect.

Briefly, the formula that is used to create your credit score is one that mainly considers five different factors:

  • Your payment history;
  • The length of your credit history;
  • The kinds of credit [...]

Why Buying a Pre-Owned Car is a Good Investment!

Buying a new car today is a major investment. First and foremost, you must consider the actual cost of the vehicle, plus taking the down payment and monthly payments into account. Next, there’s your insurance to think about, followed by any little essentials the car may need along the way, such as security features, in-car gadgets, and more.

The latest cars from leading manufacturers tend to boast high-tech features that claim to enhance your entire driving experience, but increase the overall price up significantly. While some of us may think that only the flashiest, sleekest, most powerful new cars are worth investing in, this isn’t viable for countless Americans today. Sadly, money worries are a very real part of everyday living, making the entire process of buying a new car more of a challenge. That’s one of the main reasons pre-owned cars have become increasingly [...]

10 Tips for Buying a Used Truck

While a new truck purchase over a used one may be preferable, for many, the cost of that new truck puts it out of reach financially. For those who have never purchased pre-owned before, there may be concern that a used truck might come with problems. By following the 10 Tips listed below, you should be able to find the best used truck that meets both your needs and your budget.

  1. Know What You Want

As you are probably aware, pickup trucks come in a whole range of makes, models, and configurations. You can get them with extended beds, extended cabs, crew cabs, with a shell, drop-in/spray-on bed liner; the list goes on and on. Before you start your search, figure out what features and configuration best fit those you need to have and what you would like to have. Start with what [...]

What are the Benefits of Buying a Used Car Versus a New Car?

Buying a new car is normally one of the most expensive purchases you can make. Alongside other major investments, such as a new property, a boat, or starting a business, that new car can place a significant strain on your finances, which is why used cars continue to be an increasingly popular purchase choice every year.

Not everyone can afford top-of-the-line models from the major brands, so pre-owned vehicles make a valuable alternative for buyers on a wide range of budgets. Even if money is tight, coping without a car simply isn’t an option for many of us. Perhaps you depend on a car for everyday chores, such as getting to work and back, dropping the kids off at school, collecting groceries, or to earn a living. Regardless of your motivations to invest in a new vehicle, trying to choose between a [...]

Your Guide to Improving your Credit Score

The pain is real, the pain of bad credit that is. Millions struggle with the stigma of a low credit score, wondering how they can climb the score ladder. It can be confusing and overwhelming trying to navigate the different credit reports and delinquent accounts. Not to mention trying to understand the algorithms the credit score companies use to determine your current scores. But, not to worry, there are steps you can take to start the journey on credit recovery.

1. Educate yourself about credit

There are three major credit bureaus: Experian, Equifax and TransUnion. All three bureaus subscribe to the following credit tiers:

Excellent Credit: 750+

Good Credit: 700-749

Fair Credit: 650-699

Poor Credit: 600-649

Bad Credit: Below 600

A bad credit score can affect you more than you may realize. Getting a bank account, an apartment, car and more can be negatively affected if your credit [...]

Credit Mistakes 6 Common Mistakes That Cause Bad Credit

When the time comes that you need to buy a new car, bad credit can hold you back. At least, it can if you try to secure financing through many banks and auto dealerships; these businesses will view a poor credit rating as a warning sign and judge you to be an unacceptable borrower. Being viewed by most lenders as a high-risk customer is enough to make getting the auto loan, and therefore the vehicle itself that you need, a very frustrating challenge.

At G&E Motors, though, we’re proud to be different from other lenders; we offer guaranteed instant approval to every customer, even to those that have bad credit scores. Ideally, you want to avoid getting a poor score in the first place, but how? Here are [...]

Ten Easy Rules for Buying a Used Car

Buying a car can be an incredibly expensive time of your life. Most people end up paying for their car over several years if they buy new, which is why it’s important to plan carefully before you put your money down. However, many people avoid paying for a new car because they understand how expensive it can be. In fact, when you buy a new car, it quickly drops in value by up to 30% and if you plan to trade it in or resell it, it’s going to be worth a lot less than what you paid.

This is why many people go for the economical route of buying a pre-owned car. However, there are many considerations that need to be kept in mind [...]




You’ve decided to buy a new car or truck, but unfortunately you can’t afford to pay for one outright. Even an inexpensive used car is something that will stretch your bank account too far. What should you do? The best option, of course, is to be able to finance your car purchase, essentially, taking out a car loan that you can pay off over time.

At this point, however, you may be worried about whether you can be approved for a car loan. If you know you don’t have a good credit score, you might think that will prevent you from financing your new vehicle purchase. However, as you’re about to discover, a poor credit rating isn’t automatically the roadblock that you might think it is. So, let’s look at how you [...]

Back to top
Call Now ButtonCall Now