Firstly, to define what medium term is - it's a period less than 10 years but longer than the immediate few months (i.e. 1-2 years). This in itself should help to define what kind of finance schemes we are talking about. Things that would come into mind are loans for cars and perhaps other appliances … Read more
Financing is normally assets or capital which is supplied by someone other than the owners or stake-holders of the business. Capital in itself can just be the collection of assets or cash that is used to build a business or start an initiative - and can come from anyone and anywhere. Having to approach someone … Read more
Semi-direct means when a borrower creates a loan agreement with a lender through a middleman. There are many examples - a loan consultant for financing for cars, or a mortgage consultant for house loans when you are on the market for a new property. Basically as long as there is someone who helps you to … Read more
It's really just a fancy way with how your company's balance sheets change during the day and do not normally require the intervention of negotiations with your regular finance providers. The internet provides a lot of definitions for this, but you would basically need to understand that spontaneous financing just means that when the values … Read more
I have been thinking about the answer for that crossword for the longest time! And you'd think that after years of experience in the car finance and automotive industry, I would know better! In any case, if you're looking for the answer on how a car works, I suggest that you get onto YouTube and … Read more
There are certain cars which are specifically built to be better tuned to particular types of fuel. That's why some cars are specifically called diesel cars. I mean if you're going to buy a car that's a hybrid, you're going to have to learn how to manage the balance of the 2 different energy sources. … Read more
I think you could find the information in the Austin Mini Wikipedia page, but I'm here to say that this is one awesome car if only the finance for it wasn't so crazy!
Financing itself is a form of leveraging, so if you've properly planned the returns on your investment, then long term finance is a very good strategy to help maximise your potential gains while leaving your base assets free for investment elsewhere. The whole entire point of doing this is to increase the opportunity for putting … Read more
I think that @phil newton has the most comprehensive answer to this. But basically when you're considering the length of your loan, you have to take into consideration how the payment amount will be affected. Longer tenures generally equate to smaller payments but you end up paying higher interest over time.
Simply explained bi- is a prefix to signify that there are 2 parties to an agreement and for multi-, well obviously you're going to have more than 2 who are party to the loan. At the end of the day, it's how many people are going to have a hand in the borrowing and lending … Read more
When you're trying to decide on the tenure for your loan, the factors that will affect your decision is your budget - and your ability to service the loan. Clearly if you're nearing retirement, you'll need a shorter tenure but longer tenures will help you to make the monthly payments more manageable because you pay … Read more
This is absolutely true. Although I don't understand why a person would put themselves into jeopardy by not wearing something that would help them see traffic coming for them on the road!
When it comes to purchasing car insurance, you obviously have to be of a legal driving age. Most of the time, car insurance is pegged to the owner of the car with options to add other drivers of the car to the contract. After a certain age, normally around 60, car insurance companies require the … Read more
Name something.. Hmm.. People normally sell their old ones away I suppose? Or have traded it for a lower price on a new car. If the car is no longer road-worthy, it is normally scrapped.
I think my image of bad boys is that they are those with thick hair gels driving open-top vintage cars in jet black leather jackets.mI think I might have been influenced by retro movie titles that are one of my favorite genres to go around.
I am really sorry to hear about this and I hope that you managed to find some rectification and recompense to your finances mate. Besides the DMV, I would also suggest going to the authorities and providing whatever proof you have, report it as a scam at the very least.
If a vehicle, be it a car or an airplane, were to travel towards the direction of the wind, it will definitely move at a much faster speed which might lead to an accident. Hence, the notion to travel against the direction of the wind is to have greater control of the said vehicle to … Read more
PAV is of great use to insurance companies instead of being essential for individuals to take note of. It is in short the excess value in which a car holds to determine whether or not there is still any chance to resell the vehicle after it has met with an accident or to simply be … Read more