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Both refinancing and trading will impact how much you spend on your monthly transportation. However, you have to decide which option is the right one for you. If you think that your best solution is to keep your current vehicle, then you should refinance it. Refinancing your vehicle will allow you to lower the amount of money that you spend on your vehicle each month. You should trade in your vehicle if you want to get a different vehicle.

Keep in mind that your life circumstances will also help you determine which option is best for you.

Here is a glossary of the most common auto finance terminologies:

Lessee – This is the person who, under the terms of a lease, is granted temporary access to a vehicle.

Lessor – Provider of short-term access to a vehicle during the course of a leasing arrangement.

Lien – Financing companies have the right to take ownership of a car until a loan is paid in full.

List Price – The vehicle’s suggested retail price as provided by the manufacturer. MSRP, or sticker price is also known as MSRP.

Loan-to-value ratio – is often shortened as LTV. 

There are several reasons that you should buy the Hyundai Elantra GT. You will have plenty of room for your cargo. You can increase the amount of cargo space by folding the rear seats. This vehicle is also great on gas mileage. You can expect to get up to 33 MPG. The engine is efficient. Your vehicle can go from 0 to 60 miles per hour in just a few seconds.

You have the option of choosing from manual or automatic transmission. This makes your vehicle even more pleasant for you to drive. 

The Hyundai Veloster continues to evolve, tweaking its performance features for better efficiency, more power and precision handling. This three-door hatchback's suite of trend-forward performance features has our team at Bueno Used Cars very excited. Take a look.

Textbook Smooth Suspension

Sail over uneven terrain on Phoenix streets and highways like a pro. It's a breeze when you have the Hyundai Veloster's sporty suspension at your disposal. Across three main drive modes and 

The Dodge Grand Caravan is an American minivan that has been on the market since 1984. It used to be a popular family vehicle, but in recent years sales have declined and many people say it's time for the company to stop adding technology features and start focusing on what consumers really want: more safety features.

The model year 2021 Grand Caravans come with what is known as the Advanced Braking System. The system uses sensors to monitor how fast the vehicle is going if it's stopped or moving, and then applies what it determines to be the…

The primary goal of any automaker is to ensure that the safety of its clients is guaranteed. The Dodge goes the extra mile by fitting the most advanced safety and security features in all its vehicle. This makes the Dodge lineup to rank the top among the most reliable cars in the market.

On the lineup of the Dodge SUVs lies the Dodge Journey. Right off-the-bat, this SUV has stunning exterior styling that makes it one of the best SUVs in the market for its price range. Underneath the hood, the Journey is powered by a dynamic 2.4-liter four-cylinder…

The Chevrolet Silverado 1500 is a full-size pickup truck that has been in production since the late 1990s. Early models were available with both gas and diesel engines, but Chevrolet decided to discontinue the diesel option. The engine on the latest model is a 4.3 liter V6 that generates 285 horsepower and 305 lb-ft of torque.

The engine is mated to a six-speed automatic transmission and can be paired with either rear-wheel drive or 4WD. The base model comes with power locks, mirrors, and windows, cruise control, air conditioning, keyless entry/ignition/glove box lock, an 

The difference between oversteer and understeer is one of the most common questions that drivers ask. The answer to this question can help you understand how your car handles in different conditions, so it's important to have a good understanding of the basics. In this blog post, we will break down these two types of steering behavior so that you can better understand what they are and when each type would be appropriate for use.

Oversteer

It's pretty simple, really. Oversteer happens when you turn the steering 
 

The Ford Expedition is a full-size SUV that offers both luxury and capability for families. The Expedition seats up to eight passengers, meaning you can bring the whole family on your next adventure! It's also equipped with an available third row of seats, so no one will be left out. This vehicle has plenty of cargo room, which makes it great for road trips or hauling around all your gear. With features like these, it's easy to see why this SUV has won awards like "Best Full-Size SUV."

Since 2003, the Expedition has been built in Oakville, Ontario…

Car warranties can be confusing, and consumers may not realize the difference until something breaks down in the car. When one purchases or leases a new vehicle, the vehicle comes with a 36,000 mile or three year warranty. The bumper-to-bumper warranty typically covers everything in the car. If the radio stops working properly at 20,000 miles and you've been in the car less than three years, the manufacturer will cover the repairs of the defective part. If bearings go out at 30,000 miles and you've not yet reached the three-year mark of ownership, the bumper-to-bumper…