brand new car

Car Loans; What You Need to Know

Did you know that the most common type of personal loans is a car loan? They have two parts to payments, the principal and the interest. Talking about the principal, it’s the balance on the loan you have. The interest is the fee charged for the privilege of borrowing the money. Buying a new car of your choice can come at a very high and is costly. But most people prefer to have a car loan for having a car rather than paying it in cold hard cash even though they have the money.

Mostly working people need cars for the reason that they will be able to get to work.  In most cases, a car loan company will give the borrower as much as the borrower needs to finance the cost of the car.  Here are some tips for you to get a great deal on your next car loan.

Shop around for car loan bank or financial institutions

First, shop around for car loan bank or financial institutions and as possible asks their current low car loan offering and then compare their prices and interest rates. If you are patient enough to shop for sure, you can find that car loan bank or financial institution that suits your budget.

Save for your down payment

Second, you need to save for your down payment. Remember that the larger amount of down payment you can give, the lesser the amount of your loan and you can benefit in your future. So if you dream to have your own car, work for it and perseverance is one of the keys to fulfilling your dreams.

If your credit scores are good, you will have low-interest rates on your car loans

Third is that, if your credit scores are good, surely you will have low-interest rates on your car loans. Maintain the good clean records of your credit so you can have a loan as easy as what you think. The most financial institution, banks or lender always opt to see your history credit records. So be aware of that. But, bad credit car finance is also possible, but you’ll pay more because of the higher credit risk you bring.

Know the current market rates before you sign any deals

Always know the current market rates before you sign any deals. Don’t go with your excitement in having a car without knowing the current market interest rates. In making your dreams come true of having a car of your choice and in your hard work earnings, then fulfill it but with cautions and safety. Always think twice before you decide which car loan banks you will opt to. Three main options:

  1. Dealership loans – it is easy and convenient but high-interest rates
  2. Bank loans – traditionally used by people who want a car. It’s safe and has lower interest rates
  3. Online care loans – Same with the dealership loans

There are different types of car loans

There are fixed loans and car loans with variable charges of interest. Analyze the situation, discuss with the lender and decide what’s best for you. If you strongly believe that the rate of interest will go down in the near future during your course of loan repayment and you’re ready to take the risk, you may opt for a variable interest rate car loan. However, if you feel there is a possibility of the rates going very high, the fixed rate loans are safe.

Whatever car loan you opt, do not forget to ask the lender about pre-payment penalties. Situations may arise where you may be able to and may have to repay the entire loan all at once. In that case, many lenders charge penalties as they lose out on the remaining amount. So, be intelligent enough to get it clarified in the very beginning and avoid messy situations later.

As a borrower, one should know that most loans, first thing they as is your history credit records either it’s clean or bad. Remember that paying your car loan upfront, the lower your monthly payments will be. Try to have a good credit record. Credit records are like a kind of your dignity, pay on time, and take care of your credit record have it clean as possible so a lot of people will trust you.

Wherever you go for a loan, surely they will accommodate you if you have a good credit record. If not, then you may have to work on it before applying for a loan.

automobile at night

Best Car Rental Company in Namibia: Andes Car Rental

Namibia is among Africa’s most preferred travel destinations. The country has so much to offer in terms of attraction sites and things to do. You can’t land in Namibia in a hurry and expect to fully explore its rich natural heritage and unique cultural diversity. Most travelers keep going back after the first visit. If you want to know what is it that gives Namibia unbeatable popularity among other destinations in Africa, get on the ground and get some first-hand experience. Upon arrival, link up with Andes Car Rental services and start enjoying a travel experience like no other you’ve had.

Andes Car Rental is a leading car rental and airport transfers company in Namibia. The company has maintained a reputation of providing clients with high-quality car rental services as well as other services aimed at making the visitor’s experience in Namibia enjoyable and hassle-free. Providing services that enhance the safety and comfort of clients as they tour Namibia is one of the key objectives of Andes Car Rental. The company achieves this objective by providing a wide variety of well-maintained cars and unfailing support at every step of the way including 24/7 backup wherever you are in the country. With Andes Car Rental, you can concentrate on the beauty and intrigues of one of Southern Africa’s finest knowing that all your travel needs are well-catered for.

What services does Andes Car Rental offer?

Airport transfers

The main entry point into Namibia for air transport is Hosea Kutako International Airport. The airport is located around 45 minutes east of the country’s capital, Windhoek. Andes cars are readily available at the airport to ensure that you don’t waste time looking for a cab to take you to Windhoek or another convenient location. An Andes Car Rental driver will carefully pack your luggage and you can start an exciting and safe travel experience in the country. Punctuality and efficiency is the identity of the company’s staff. The drivers are also respectful and polite. The cars are always clean and air-conditioned to ensure you have a pleasant journey. The drivers’ experience has introduced them to every corner of the city and many other parts of the country so you can sit back and enjoy the ride.

Tour Planning

If you want to be as close as possible to the beauty of the country, Andes Car Rental will help you plan for a tour. The beautiful Namib Desert, vast quiet lands inhabited by more wild life than humans, and misty coastal wilds are just a few of the reasons for taking a tour through Namibia. All primary roads are well paved and secondary routes are graveled. Andes Car Rental will provide you with an appropriate car for the safari so that when you want to visit the San Bushmen, the Himba or other traditional tribes, your tour will be free of technical hitches. As a premier tourist destination, Namibia has a wide variety of hotels, lodges and other kinds of accommodation.

Andes Car Rental staff comprises of native Namibians who know how to maneuver through any stretch of the beautiful country. But if you have to tour alone, nothing should worry you as Namibians are known to be very kind and friendly. Crime rate is very low in Namibia and the majority of the local residents speak English so you won’t face communication challenges in case you find yourself in a situation. Many travellers have narrated their Namibia tour as the most epic journey they’ve had in Africa. Whether you wish to take an individual or group tour, Andes Car Rental will assist you in making all the necessary plans for a pleasant and unforgettable African tour.

Provision of camping equipment for hire

When you want to escape the crowds and make peace with the quiet Namibian outdoors, there is no better way than camping. Camping in Namibia has been described by some travellers as stunning and by others as relaxing. The Koimasiis Ranch, Spitskoppe and Tscaub River are some of the great choices for camping. You will have an up close and personal interaction with Namibia’s spectacular landscape and open a new page of your story about the country.

Andes Car Rental understands that a nice camping experience is not possible without the necessary camping gear. The company offers camping equipment for hire at favorable rates. With the company, you know you have reliable access to rent tents, sleeping bags, backpacks, lights, hydration gear and just about anything you need for a pleasant outdoor experience. Whichever size and amount of camping equipment you need, the company will provide it for you. The staff will help you to choose the best equipment depending on your camping requirements. You will also be guided on how to set up and take care of tents and other camping necessities.

Why use Andes Car Rental?

Top Class Cars

One outstanding feature of the services provided by Andes Car Rental is their top class vehicles. The company has sufficiently invested in its fleet of cars. The fleet consists of sedans, 4×4 vehicles, SUVs and combis. The company’s commitment to quality is aimed at providing optimal satisfaction to clients as they enjoy the incredible adventure of an African safari. The car rental company has a dedicated team of mechanics who ensure that the fleet is kept in its best condition at all times. Before a car is rented out, it must be inspected to minimize the likelihood of breakdowns and other traveling hick-ups. In case a client faces a problem with the car or has an emergency case, the company provides a 24-hour back-up service.

Andes Car Rental is a CARAN Member

Car Rental Association of Namibia (CARAN) is an association that was formed with the objective of protecting tourists and the car rental industry from sub-standard service. Any car rental company that wishes to gain CARAN membership has to meet certain minimum standards to be accepted. These standards include:

– Have a fleet of at least 5 vehicles

– Provide sufficient insurance

– Sufficient 24/7 backup in the case of an accident or breakdown

– Vehicles must not be older than 4.5 years and must be serviced and maintained regularly

– Included on-board diagnostics (OBD scanner) unit from to help the driver with any issues that arise from the car and to be self sufficient until help is available

Using Andes Car Rental for your Namibia visit gives you the surety of a highly-dedicated service. You can look forward to the best available vehicles in the country as well dealing with a company that prioritizes your safety, security and comfort. Consider the attentive and personalized services provided by Andes Car Rental for a pleasant travel experience in Namibia.