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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AUTO REFINANCE
When Can I Refinance My Car Loan?
The short answer is whenever you want. But there are more factors at play than just timing. You must be sure the numbers work out in your favor,…
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GENERAL AUTO FINANCE EDUCATION
What Is A Loan To Value Ratio?
A loan to value ratio, or LTV, is simply the ratio of a loan amount to the market value of the asset to be purchased with the loan.…
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LEASE PURCHASE
6 Ways To Take Care Of Your Leased Car
Drivers who lease vehicles accept more responsibility than those who elect to buy. In exchange for lower monthly payments, they either have to return their vehicles at the…
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LEASE PURCHASE
What Is An Excess Mileage Fee?
Most car lease agreements stipulate the maximum number of miles per year a lessee is expected to drive his/her leased car. Oftentimes, if a lessee exceeds his/her allotted…
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LEASE PURCHASE
What Is Capitalized Cost Reduction? Your Questions Answered
Under a car lease, you pay for the difference between the capitalized cost and the residual value of your leased vehicle. The capitalized cost represents the value of…
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AUTO REFINANCE
The Credit Consequences of Auto Refinance
If you have determined that refinancing your auto loan is the right move at the right time, it is wise to understand the impact an auto loan refinance…
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GENERAL AUTO FINANCE EDUCATION
What Is GAP Coverage?
Guaranteed Asset Protection (also known as “GAP Protection,” “GAP Coverage”, or simply “GAP”), protects you from paying for a car that no longer exists because of an accident…
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GENERAL AUTO FINANCE EDUCATION
What Is Tire And Wheel Coverage
Tire and Wheel Protection Plans supplement your insurance coverage, protecting you from paying for damage to your car’s tires and wheels when your insurance may not.
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COMPANY CAR PURCHASE
What Is A Fleet Vehicle?
A fleet of vehicles is a group of vehicles owned by an organization as opposed to an individual or a family. The fleet vehicles that most people are…
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LEASE PURCHASE
Car Lease Terminology
Car lease contracts are full of words and phrases that may not be familiar to you. Whether you are considering leasing a new car or buying your current…
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