TRESL® BLOG
Auto Finance Insights from Tresl®
Stay informed with expert-backed articles, practical tips, and updates to help you make confident financial decisions.
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GENERAL AUTO FINANCE EDUCATION
Car Loan Pre-Qualification: The First Step to Finding an Auto Loan
If you’ve ever researched loans and gotten overwhelmed with terms like car loan pre-qualification, pre-approval, and approvals, then you’re not alone. That’s why we’ve developed this handy-dandy guide.
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GENERAL AUTO FINANCE EDUCATION
Must-Know Tips for Getting a Good Car Loan Rate
You likely can’t predict the rate you’ll get just by polling your neighbors. Still, a little research never hurts. Here’s the latest data on auto loans—and more importantly,…
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GENERAL AUTO FINANCE EDUCATION
APR vs. Interest Rate For Car Loans
Most car loan contracts list two rates, your APR and your interest rate. The higher the APR, the more you’ll pay over the life of the loan. Lenders…
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AUTO REFINANCE
How Does Car Refinancing Work?
When you refinance a car, you replace your current car loan with a new loan of different terms. In practice, auto refinancing is the process of paying off…
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LEASE PURCHASE
What Is A Car Lease Buyout?
A car lease buyout is different than buying a typical new or used car. Not only do you have knowledge of your leased car’s history but you have…
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GENERAL AUTO FINANCE EDUCATION
How Does Car Loan Interest Work?
Most car loans use simple interest, a type of interest of which the interest charge is calculated only on the principal. Simple interest does not compound on interest,…
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AUTO REFINANCE
How To Refinance A Car
At a basic level, refinancing is the process of replacing your current car loan with a new one. While people refinance their cars for many reasons, you ideally…
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AUTO REFINANCE
Three Reasons to Refinance a Car
Most people refinance a car loan to 1) lower their monthly payments, 2) decrease their interest rates, or 3) remove (or add) someone on their loans. Let’s look…
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COMPANY CAR PURCHASE
Should I Buy A Company Car?
You may have the option to buy a company car when your employer or its fleet management company removes vehicles from its fleet. When you buy a company…
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AUTO REFINANCE
When Should I Refinance My Car?
Most people refinance their car loans when 1) their credit has improved, 2) they need to lower their monthly payments, 3) national interest rates have changed, or 4)…
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