November 18, 2019
Why Using a Title Loan to Help with Winter Car Maintenance is a Good Idea
Now that winter is here and freezing temperatures are fast approaching, having your car ready for the Alabama winter can save you time and money. The last thing you want is to break down on a freezing highway when you are alone traveling to family. Here are some of the reasons you may want to consider getting a title loan in order to winterize your car and the basic things you should do to get your car ready for the weather.
Preparing your Car for the Alabama Winter
Some basic checks can save a lot of time later on such as checking your battery by popping the hood and making sure no buildup is around where the wires connect to the battery. The acidic buildup on a car battery can cause the connection to become unstable and your car may not start one day if it builds up too much.
One of the most important parts of any car is the tires. The tires are what make contact with the road and provide the traction you need to travel safely. Checking tire pressure regularly is always a good idea since you never know when you may run over a nail or a thorn that could cause a leak or even a flat.
If you live in an area where there is heavy snowfall, it is worth considering getting snow tires. These tires are specially designed but they can cost several hundred dollars. This is where a car title loan in Florence, Alabama can help you out. You don’t want to lose traction on an icy road or not be able to stop in a reasonable amount of time if your tires are bald.
4-wheel drive, if your vehicle has it, is a mechanical system that can be expensive to repair. In order to keep it in functioning condition, schedule a maintenance check with a trusted auto shop. This is also an expense that a Florence, Alabama title loan can help with.
Carry Extra Fluids
Having an extra bottle or two of antifreeze can be a good idea. It never hurts to have some extra oil on hand either. This is part of what a maintenance check would cover so be sure to ask if the service you employ checks all of the vehicle’s fluid systems.
Stock Emergency Supplies
This may seem like it is preparing for a worst-case scenario, but if your car dies or if you are forced to sit in your car for many hours if there is an accident or a road blockage you will want to have blankets, extra water, food, and even some other camping essentials such as a solar charging pad and some flashlights with extra batteries.
Since winter can be a dangerous time to be on the road, it is best to be safe now rather than sorry later. You never know when you may have an emergency and find yourself needing to stay warm or hydrated on the road. Keep in mind that a title loan is always an option but be sure to have a plan to pay it back on time and use it not just to help winterize your vehicle but to improve your credit score.
What are the Benefits of Title Loans?
Choosing a title loan is a decision that shouldn’t be made lightly without weighing the costs and benefits. Likewise, keeping a car maintained properly also has costs and benefits. For example, if you skip maintenance appointments your car is more likely to break down costing you more in the long run than if you had just kept up on the maintenance. If you are ready to get your first title loan, here are some things to consider.
Easy to Apply
Title loans in Florence, Alabama can be very easy to get since all you have to do is apply, much like for a credit card. Even if you have poor credit, most title loan companies will still lend to you but with stricter terms. One of the biggest factors that affect whether you qualify for a title loan is whether you have sufficient income to repay the loan.
Title Is Collateral
A title loan is aptly named and involves signing an agreement that provides the lender the ability to use your vehicle as collateral. If you choose to get a title loan, the office will consider the year of your vehicle when determining how much to lend. Older cars will typically fetch lower loans but a car that is newer can bring substantially more. The whole goal of a title loan is not to sell your car to the dealer but rather to use the money in a smart way and repay it on time. This can also really help build a credit score if loan payments are made on time and in full.
When you apply for a title loan, one of the choices you can make is how quickly to pay it back. Usually, a title loan office will offer a standard repayment plan but how much you decide to borrow can affect the length of the loan.
In some cases, title loans can also be paid back faster than the payment plan requires and this can help reduce the total amount of interest you pay on the loan. If the title loan was originally planned to be paid off in six monthly installments of $200, paying three monthly installments of $400 will mean the loan is paid off twice as fast and therefore less interest will be accrued.
Where Can I Find Title Loans near Me?
If you are located near Florence, Alabama, consider Select Title Loans, one of the region’s most trusted auto title loan companies. A title loan in Alabama can be an excellent way to get your winter car maintenance completed and save you money and time on expensive repairs in the winter.