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About Shari Arnold
(Top Expert on this page)

Expertise
I can answer most all your questions regarding financing and leasing of new and pre-owned vehicles. I can give you the dealer secrets to make it a more pleasant experience for you. Also, what you should look for in buying a pre-owned vehicle. You should have all the knowledge possible before walking into a dealership.

Experience
I have owned and operated dealerships for over 30 years. Currently work as a consultant for Dealerships training their sales people. Have a nationwide leasing company.

Education/Credentials
Business Degree

   

You are here:  Experts > Autos > Tips on Buying Cars > Tips on Buying Cars

Questions Answered By Expert  Shari Arnold 
In Category  Tips on Buying Cars

SubjectDate Asked

cancelling a used car contract before completing payment and taking ownership9/29/2008
  Q: I have a question regarding the topic of cancelling a use car contract: I just signed a ...
  A: Every state is different on return policies. But it sounds to me that you haven't completed the ...
Dealership backing out of lease9/24/2008
  Q: My soon-to-be husband and I went to get him a new car a couple of weeks ago. I had a 2000 Audi A6 ...
  A: Just a few questions, What is the vehicle you leased? What is your new payment? What did they give ...
Upside down and would like new car8/21/2008
  Q: I have a 2003 Honda Civic Sedan that I currently finance and owe $9,000. It has 94,000 miles and was ...
  A: First sorry for the delay in getting back to you. The dealer that will appraise your trade in will ...
Lease8/18/2008
  Q: I am leasing a 2004 Toyota sienna and the lease will be up in May. I am not sure what the best ...
  A: You can trade in your lease vehicle early. Figure out what new car you want to get into, let the ...
Newbie - Buying a new car questions8/18/2008
  Q: I plan to buy an ES350 Lexus from a dealership and want a new 2008. I have looked at the packages ...
  A: You should be able to et any package whatever your zip code. Call your local Lexus dealer, try and ...
Upside down with credit problems7/31/2008
  Q: "My husband and I were desperate to get new cars after we both had car accidents within a month of ...
  A: I think you have the right answer, you should hold off as long as possible. Your situation will not ...
credit status after swapping a lease7/26/2008
  Q: If I successfully get out of my Nissan lease, if the new buyer defaults am I responsible? What if ...
  A: The person buying your Nissan will have to be approved credit wise by Nissan. Meaning they will be ...
upside down7/14/2008
  Q: i have a loan of 18,500 on a 2006 Nissan Alima. purchased with mot so good credit. intrest rate ...
  A: Carole, I am sorry I couldn't help you with a resolution to your situation. Good Luck
Leasing7/8/2008
  Q: My situation is this. I am currently in a lease (2006 Nissan Altima)that expires in Jan 09. I want ...
  A: You can add each other to your insurance policies. I bet you're upside down right now in your ...
Leasing7/8/2008
  Q: My situation is this. I am currently in a lease (2006 Nissan Altima)that expires in Jan 09. I want ...
  A: He will need to qualify on your loan. Contact the lender that has your lease and they can approve ...
Leasing7/7/2008
  Q: How does the dealer determing your payment, residual and interest on a lease? Thanks
  A: The residual is set by the ALG guide which the financial institution cannot waiver from except to ...
Deciding on Model Audi/BMW/Toyota7/3/2008
  Q: I'm sorry this is a long message but wanted to give my full story with details...as i'm in need of ...
  A: I cannot answer your technicle questions. I know that if I was going to buy a preowned vehicle and ...
Deciding between Audi/BMW7/1/2008
  Q: I am deciding between BMW325ix and Audi 3.0 quatro and confused about the all wheel drive and 4 ...
  A: I looked at both and they looked to be in great shape. If you can afford it I'd go for the under ...
Deciding between Audi/BMW6/30/2008
  Q: I am deciding between BMW325ix and Audi 3.0 quatro and confused about the all wheel drive and 4 ...
  A: Morning, You have picked out two of the best models in that class. However, I am really not the one ...
Buying vs. Leasing6/25/2008
  Q: I am in the market for a new car. I have always purchased cars, have never leased. What are the ...
  A: The Hondas, Toyotas, Nissans, are the best vehicles out there to lease. They have the highest ...
Early Lease Turn in6/25/2008
  Q: I know this sounds crazy but I would like to turn in my lease early.....Approximately 8 months ...
  A: Melissa, First call the bank that is carrying the note and ask for a payoff. What it will be to ...
Buying vs. Leasing6/25/2008
  Q: I am in the market for a new car. I have always purchased cars, have never leased. What are the ...
  A: Morning William, I have been a proponent of leasing for several reasons. *You will most likely ...
Rebate6/23/2008
  Q: I went to a Jeep dealer to price a Jeep Liberty. The sales person told me the price of the Jeep, ...
  A: You should go to another dealer. All dealers don't figure it like that. I'm not sure about your ...
Can you lease a used vehicle?6/8/2008
  Q: I keep reading about leasing and was wondering if you can lease a used vehicle? How long would you ...
  A: Yes Levi, you can lease a used vehicle. Most banks or Credit Unions do have certain stipulations, ...
Financing6/8/2008
  Q: How does the dealer determine your interest rate on a loan, and is that how they earn their money?
  A: Your FICA score determines your credit score. Banks have a system like 700 and above would be A ...
Buying a Chevy Aveo55/26/2008
  Q: I have horrible credit and my boyfriend wants to co-sign but he has never established credit. Would ...
  A: When you have credit issues the dealer has certain vehicles they can put you on. You may not be able ...
Your Land Rover5/8/2008
  Q: Ok. I bought a 2000 Land Rover Discovery about 3 years ago and to this day i still owe around $5300 ...
  A: Jonathan, Your Land Rover is worth about 3 to 4k.. have you considered leasing The Subaru? Keep your ...
There is life after going into a dealership!5/7/2008
  Q: Ok. I bought a 2000 Land Rover Discovery about 3 years ago and to this day i still owe around $5300 ...
  A: Jonathan, Few things: What color is it? Ever been in an accident? How is your credit? And where do ...
HELP!! My car is making me broke5/7/2008
  Q: Ok. I bought a 2000 Land Rover Discovery about 3 years ago and to this day i still owe around $5300 ...
  A: Don't spend any more money on the Discovery! I liked your 'vehicular trap you're in'. You are. Find ...
dealer4/30/2008
  Q: I'm in the process of choosing a new SUV to buy and have pretty much decided on one. I saw your ...
  A: Susan, Always negotiate the interest rate. They will try to tack on points, this is where they make ...
buying a new vehicle4/28/2008
  Q: I always have got a pre approved loan through my local credit union before car shopping. Yet every ...
  A: Mark, a salesperson is taught that cash is king. They always make more money on downpayments. I ...
Returning a vehicle4/21/2008
  Q: I've had a vehicle for over a year and have never been late on payments, but, unfortunately, am no ...
  A: Well, you could purchase another before you return it to the bank if your credit will withstand it. ...
upside down car loan4/5/2008
  Q: My daughter has two vehicles, one of which she owes $8,000 on and the other $23,000. Neither one of ...
  A: Please, don't let your daughter go into a dealership until she knows all her options, she will be ...
2008 Honda Civic Sedan Si4/2/2008
  Q: I thank those of you who helped me make a decision. I am leaning hard towards the Si. I would now ...
  A: Jamie, Answers to your 2 questions: 1. When you add all the payments on a lease and add it to the ...
Buying Car for the 1st time questions3/20/2008
  Q: How are you? I need to buy a car ASAP- i have no knowledge on cars whatsoever and Im terrified of ...
  A: Aly, Don't know any dealer in Berkely (probably have old hippie friends still hanging out from the ...
Buying Car for the 1st time questions3/20/2008
  Q: How are you? I need to buy a car ASAP- i have no knowledge on cars whatsoever and Im terrified of ...
  A: Actually buying a preowned 1 or 2 year old car is fine. You can get a car fax run on it. Some people ...
Leasing3/19/2008
  Q: We're preparing to get leasing quotes. Our 2006 Accord's lease is up and money is tight right now ...
  A: Len, A Honda Accord 4 door base model runs around 21,000. On a 3 year lease your pymt will be mid ...
Leasing3/19/2008
  Q: We're preparing to get leasing quotes. Our 2006 Accord's lease is up and money is tight right now ...
  A: If you want to keep your monthly payments low stay with an import such as Toyota, Honda, Nissan. The ...
Extended Warranty Programs2/26/2008
  Q: I am purchasing a 2004 Hyundai Santa Fe LX 6 cyl, that has 71713 miles, on it and it looks good in ...
  A: Landon, are you buying this vehicle from a dealer? You can purchase one from the dealer or go online ...

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