NEW PICK-UP TRUCK PRICES HIT $100K MARK! - Trevino's Auto Mart

New Pick-up Truck Prices Hit $100K Mark, Leaving Local Buyers Looking For Alternatives

WHAT IS A VEHICLE SERVICE CONTRACT? - Trevino's Auto Mart

Buying a pre-owned vehicle from McAllen-area car dealers is a very wise choice. After deciding to purchase a vehicle, your thoughts should then shift focus to saving as much as possible throughout the ownership of the vehicle. A comprehensive Vehicle Service Contract is a must have for someone looking to get the most return for their investment.

WHAT IS GAP? (GUARANTEED ASSET PROTECTION) - Trevino's Auto Mart

Every year, nearly 6 million vehicles are either totaled or stolen. Most insurance plans only cover the market value of the vehicle. However, you can still owe more on your loan than your vehicle is worth. This creates a GAP. You will be responsible for paying the difference and the deductible on your insurance. If you do not pay the difference, your credit will more than likely be adversely affected. By including GAP, you protect yourself by covering the amount between what you owe, and the market value of your vehicle whether your vehicle is leased or financed and, in some cases, covers your insurance deductible.

WILL APPLYING AFFECT MY FICO CREDIT SCORE? - Trevino's Auto Mart

Its perhaps one of the most common questions with regards to car buying: If I run my credit, will it affect my FICO credit score? While soft credit inquiries do not affect your FICO Score, hard inquiries do. Hard inquires occur when you submit applications to institutions for credit or financing ie: auto loan, mortgages, student loans, however, FICO scoring accounts for "rate shopping" for these types of specific credit checks. Per the myFICO website, "(rate shopping) is the smart thing to do, and your FICO score considers all inquiries with a 45-day period for a mortgage, an auto loan or a student loan as a single credit inquiry." By doing your car shopping within a short period, one could dodge decreasing their FICO score.