It’s common knowledge that neglecting to make payments on time (or at all) can be detrimental to your credit score. But what about car insurance? New drivers might ask themselves, “Does not paying my car insurance affect my credit?” The answer to this is yes and no. A credit score is not impacted simply because your car insurance bill was not paid. However, the subsequent … [Read more...] about Auto Insurance and Your Credit: Implications and Advice
Automotive
4 Things You Should Do When Purchasing a Car
Ownership of anything requires a certain level of responsibility. This is especially true when you purchase a vehicle. The average age of individuals that purchase a new vehicle is 53 years old, but the biggest demographic of individuals purchasing a new vehicle falls between 25 and 54 years old. The average American will then own their vehicle for 12 years. Finding Your … [Read more...] about 4 Things You Should Do When Purchasing a Car
The Most Popular Electric Cars Available in Canada
From new players in the industry like Tesla to well-established manufacturers like Chevrolet and Hyundai, the electric vehicle revolution is in full swing in Canada. The demand for electric vehicles is rising as consumers grow more environmentally concerned and as governments offer incentives. The drive toward electrification is being fuelled by the need to lessen carbon … [Read more...] about The Most Popular Electric Cars Available in Canada
Getting the Most Out of a Used Sports Car
You scrimped, saved, and shopped around for months, waiting for the right deal at the right moment. That moment has finally arrived; you're the proud owner of the sports car of your dreams. If it's a make and model you've been eyeing for a while, chances are you're purchasing a pre-owned vehicle. While the used sports car market is vast - ranging from classic models to … [Read more...] about Getting the Most Out of a Used Sports Car
Reasons Why You Need Car Insurance
A car is a huge investment, whether new or used. And before you legally register and drive your car, you need first to purchase insurance coverage. Having insurance coverage helps protect you from legal and financial liabilities in the event of a car crash. According to recent studies, over six million accidents happen each year in the U.S. alone, and about one in every six … [Read more...] about Reasons Why You Need Car Insurance