Category Archives: Car Loans Bad Creidt

Tire Pressure Monitoring Systems Explained

Tire Pressure Monitoring Systems Explained by John Amato Hyundai Superstore

There are two types of Tire Pressure Monitoring Systems Direct and Indirect.  Here we will give you explanations of both

Direct Tire Pressure Monitoring System (TPMS) uses pressure monitoring sensors within each tire that monitor specific pressure levels.  Not just wheel revolution information from the anti-lock brake system

Sensors in the direct TPMS may even provide tire temperature readings.  The direct tire pressure monitory system sends all of its data to a centralized control module where it is analyzed, interpreted, and if tire pressure is lower than it should be, transmitted directly to your dashboard where the indicator light illuminates.  A direct tire pressure monitor usually sends all of its data wirelessly.  Each sensor has a unique serial number.  This is how the system not only distinguishes between itself and systems on other vehicles, but also among pressure readings for each individual tire.

Many manufacturers use proprietary technology for these highly specialized systems, so replacing a TPMS in a way that is consistent and compatible with your vehicle will require an experienced, knowledgeable technician.  If you have any questions schedule an appointment at John Amato Hyundai Superstore

Some advantages of Direct TPMS

  • Delivers actual tire pressure readings from inside the tire
  • Not prone to inaccuracies because of tire rotations or tire replacements
  • Batteries inside the sensors usually last for about 10 years
  • May be included in the vehicle’s spare tire

 

Indirect TPMS Information

The indirect TPMS typically relies on wheel speed sensors that the anti lock brake system uses.  These sensors measure the rate of revolution each wheel is making and can be used by on-board computer systems to compare with each other and to the vehicle operation data such as speed

Based on the rate of revolution of each wheel,, the computer can interpret the relative size of the tires on your vehicle.  When a wheel starts spinning faster than expected, the computer calculates that the tire is under inflated and alerts the driver of the vehicle accordingly.

An indirect tire pressure monitory system does not actually measure tire pressure.  It simply measures how fast your tires are rotating and sends signals to the computer that will actuate the indicator light when something in the rotation seems amiss

Advantages of Indirect TPMS

  • Relatively inexpensive compared to direct TPMS
  • Requires less programming/ maintenance over the years than the direct TPMS
  • Less overall installation maintenance then its direct counterpart

 

Auto Loan Pre- Approval Instantly

Auto Loan Instant Pre- Approval serving Milwaukee Waukesha Areas at John Amato Hyundai Superstore

While many consumers are familiar with bad or blemished credit, they do not have as many options to auto loans as others.

Here at John Amato Hyundai Superstore, we are one of the exclusive dealerships in the Milwaukee area that can give you an instant decision for Pre-Approval.

In order to bridge the gap for many consumers, John Amato Hyundai Superstore offers our consumers with more options.  Most dealerships only use banks or major lenders for people with ‘prime” credit.  Here at John Amato Hyundai we give people more options.  Not only do we work with those lending companies, we have built relationships with third party lenders and have our own in house financing available.

Other dealers are not flexible or understanding when it comes to dealing with customers who have had complicated credit situations.  John Amato Hyundai specializes in it including bankruptcy and repossession.  We are here to help you rebuild and reestablish your credit.

How can we help you?

Here at John Amato Hyundai Superstore, we have been assisting people with credit issues for over 25 years.  We work with you and your credit along with our new Instant Pre Approval for Auto Loans to get you driving quicker and easier than before We also report to the major credit bureaus to get you re established and back on track to rebuild your credit.  So when it comes around to trading in your vehicle, you will have more options when it comes to auto loan.

So if you are serious about getting a vehicle and getting your credit back on track, begin with your Auto Loan Instant Pre Approval.

John Amato Hyundai Superstore – Driven to make you Happy

 

 

Tax Max offered at Amato Automotive

Are you in need of a new vehicle, but you are waiting for tax time?  No need to wait!  By using Amato Tax Max Program our staff can turn your current pay stub or W2 into a sizable down payment based on your future tax refund.

You can drive the vehicle you need by  providing us with some information. Based on that information we estimate your tax return quickly.

We have the ability to get you into  vehicle with the payments you can afford.  We understand that you depend on  your refund and you can have plenty left over when it arrives

Come see us to get  your taxes prepared and let us help  you get driving away in your new vehicle today

 

www.johnamatohyundai.com  or call 414-357-8500 to schedule your appointment

Winter tips for your vehicle preperation

With the winter season right around the corner its time to start preparing your vehicle. An investment of your time of an hour to ensure your vehicle is checked to have peace of mind and to avoid the cost of a breakdown in inclement weather.

Scheduling your vehicle for an inspection at John Amato Hyundai Superstore is a sensible way to avoid the inconvenience of being stranded out in the cold with the unexpected expense of emergency repairs

Here are a few suggestions

  1.  Have the battery and charging system check for optimum performance
  2. Clean, flush and have new antifreeze put in the cooling system.  As a general rule you should have this done at least every 18 months
  3. Have the heaters, defrosters, and windshield wipers inspected.  Wipers should be replaced at least every 6 months
  4. Have your tire tread depth and tire pressure checked.  If snow and ice are a problem consider special tires designed to grip the road.  During the winter months have your tire pressure checked weekly
  5. An oil change is necessary.  Keep with the manufacturer guidelines.  Dirty oil can spell trouble for your engine.  Have the technicians at John Amato Hyundai Superstore also check the air and transmission filters at the same time.  If needed have them changed
  6. Consider having a tune up.  Winter weather magnifies existing problems, such as hard starts, sluggish performance and rough idling.
  7. Have your brakes inspected.
  8. Check your exhaust system  Carbon monoxide leaks are especially dangerous during cold weather driving when windows are closed
  9. Have your exterior and interior lights checked to make sure they are working properly and aimed correctly

If you have any questions please feel free to reach John Amato Hyundai Superstore Service  Center

414-357-8500 or www.johnamatohyundai.com

Bad Credit Specialists At John Amato Hyundai Milwaukee

Bad Credit, NO credit, NO problem  We help  you reestablish

 

At Amato Automotive we work with all major banks and yet we are one of the few dealerships serving Milwaukee that has its own finance company.  This allows us to make all the financing decisions.  We understand that life happens and people make mistakes.  That is why we finance your future not your past.

Our Preferred Credit Corporation has been in business since 1991.  We have been around longer and we have the team to assist you.

We know all about credit problems from medical bills, to divorce, to bankruptcy and every other situation in between.

At Amato Automotive we do our best to look at your situation and place you into a position to establish or re establish your credit

The following items we will need from you when you schedule your appointment to speak with one our our Specialists:

  • Current proof of income\
  • Drivers License or State ID
  • Utility bill with current name and address on it
  • Down payment

Schedule your appointment with us today at www.amatoauto.com

Vehicle Repossession Facts from Amato Automotive

When you finance a vehicle, the lender holds certain rights on the vehicle until you make  your final loan payment.  This means that if you default on the contract by missing payments, the lender may have the right to repossess the vehicle.  If you are having financial trouble, contact your lender immediately.  Do not wait until you have missed more than 1 payment.  The lender may not need a court order or give advance warning to repossess the vehicle.  In some cases the lender may have the right to repossess after one missed payment

Before the vehicle is repossessed

You may be able to afford the payments by decreasing your expenses or increasing your income.  Review your budget and carefully look it over.

If you are unable to make budget changes that will enable you to afford your monthly payments you do have a few options

  • You can contact the lender and ask for assistance
  • If you can get more than you owe on the loan, you may choose to sell the vehicle
  • You may give the vehicle back to the lender.  This is called a voluntary repossession.

Do not be afraid to contact your lender.  In most cases, they want you to repay the loan. The earlier that you make contact with them the better.

When you took out the loan, you promised to make the payments as agreed.  However you may ask the lender what can be done to assist your situation

If your vehicle gets repossessed

If you are unable to make an arrangement with you lender and do not make your payments, eventually they can take the next step and hire someone to repossess the vehicle.  Once that happens, you have the right to reinstate the contract by paying all past due installments, late fees, and cost the lender has incurred in repossessing and storing of the vehicle

If you are unable to reinstate the contract, the lender will then sell the vehicle at auction.  They will notify you of the auction date, and you may attend and bid on the vehicle.  Whether you or someone else buys the vehicle you are responsible for the deficiency balance that the vehicle sells for.  A deficiency balance is the difference between the amount that you owe on the loan and the price the vehicle sells for plus repossession, storage and auction costs.

The deficiency balance is an unsecured debt. Some lenders may sue for the sum, while others may forgive it.  If the lender does forgive it, the IRS will consider that amount income and assess taxes due.

 

 

Vehicle Loans to Establish or Reestablish your Credit

Vehicle loans for people with bad credit can be difficult.  But at John Amato Hyundai Superstore in Milwaukee ,we understand that bad situations happen to good people, so having blemishes on your credit is nothing to be ashamed of.  Keep in mind you are not alone.

Whether you are working to establish or re-establish your credit, making vehicle loan payments on an auto loan is an excellent way to build your credit score.

Whether you are working on improving your credit after a divorce or bankruptcy or you are just getting started, making auto loan payments is an excellent way to establish or build your score.

When lenders take a look at your credit history, they would like to see a mix of installment loans and revolving credit.  Revolving credit lines include credit cards, home equity loans etc.  Installment loans consist of student loans, and auto loans.  It is much easier to qualify to lenders for auto loan which is often the best option to establish a good credit line.

As a lender looking at a consumer with no credit history or blemished credit, you may pay more fore your first auto loan.  The good news from that if you make your payments on time for a period of time your interest rate may drop for your next auto loan.

The good news with Wisconsin is that there is no pre-payment penalty.  So you can pay your loan off early, raise your credit score, and qualify for more a vehicle with a lower interest rate the next time around.

In the end, having an installment loan in good standing on your credit report is important to establishing your credit health.

To see what you may qualify for Click here  We offer PreApproval in seconds.  Don’t hesitate and get started rebuilding today.