NY Student Car Buying Guide: Why you need a Car for College in New York?

The car buying experience can get intimidating for a first-time college-going student. However, you need to arm yourself with accurate information to get the best car deal when you buy a vehicle in the Empire State.

A New York Car Buying Guide for Students!

If you are on the fence about buying a college car in New York state, do not worry. Buy a car in NY because it will help you in many ways, especially in these times of a pandemic. The following points will help you get a deeper understanding of the car buying scenario in New York for college students.

1. A Pandemic-Necessity Now; A Requirement Forever

New York is a highly populous and 27th largest state in the United States of America. Owning a car is one of the last thoughts to cross any New Yorker. The highly used modes of transport in New York are highways, railroads, mass transit systems, waterways, etc. And, if you are living in the Big Apple, you can rely on subways, buses, and taxis for your mode of commute.

However, the pandemic has turned the thought of owning a vehicle in New York upside-down. A car for a college student in 2021 means having a private automobile instead of choosing a high-risk-driven mode of public transport. The pandemic has urged more and more college students to purchase a car in New York as it is a question about safety more than convenience. Therefore, buying a vehicle for college students is a necessity in this pandemic. Additionally, having a car at their disposal will mean they can travel easily, finish their errands instantly and reach home quickly. It shows that a vehicle is a necessity now, but it will also prove a requirement in the future.

2. The Right Car for College Students

New York has 240 universities and colleges that make New York state a hub for college-going students. Due to the wide variety of courses offered in the different universities and colleges, many students opt for New York as their preferred college destination. A large number of universities note that the demand for cars amongst college-going students is high. However, to choose the right car, you need to understand your needs and requirements before walking into a dealership.

A few of the best-fit new cars for college-going students in New York are the 2020 Kia Forte, 2021 Honda CR-V, and the 2020 Ford Escape. You can also go for a used car by hiring a mechanic for a thorough inspection. The right vehicle is the one that fits your budget and helps you to get some trade-in value.

3. Safety Rich Features are a Necessity for Every Car

A car for a college student should have enough safety features. A few essential features to consider while buying a student-friendly car in New York are fuel economy, safety features, vehicle accident history, car size, and maneuverability.

Due to the lower-than-expected production of new cars, many car buyers in New York are looking to purchase used cars. Additionally, a hit of recession drove many buyers to explore the used car market in 2020. A surge in the used car consumption indicates that you can obtain a year or two old models of not-so-old car variants at a decent price. Therefore, after getting a vehicle report test and checking the safety features, a college student can explore the used car market of New York during their next car purchase.

Get your First Car Loan to sort your Car Buying Needs

Prepare for your next car by analyzing your needs, requirements, and budget before shopping at the local dealership. Along with the car buying tips, focus on getting a pre-approved auto loan. Most NY college students are too young to have an established credit score. So, you must apply with someone who approves no credit car loans. Additionally, seek approval on no credit no co-signer auto loans if you do not have a co-signer or do not want to take help from your parents.

What To Consider While Selecting A POS?

Your POS is the central aspect of your business and goes beyond the consumers paying for their purchases. A great POS merges and simplifies important business transactions and offers a steady stream of dethatching that lets you make an informed decision.

Some of the qualities of an exemplary POS machine are:

Inventory management
Accounting
Employee management
Consumer management
Sales reporting
However, with different POS or swipe machine out there, how to know which one to consider for your business? Whether you seek the first one or upgrade an existing one, finding the right solution should not be a headache. Here are things to consider for choosing the right system:

Set-up cost and compatibility with the hardware

Although the running costs of the POS might be low, the initial costs to set up might be more than you expect. You need to invest in the software and make sure the chosen POS is compatible with the current hardware. This incompatibility would bring about new cash drawers, barcode scanners, and more.

Features required

The POS machine can be used in different businesses, from cafes to salons to gyms to retail stores. As a retailer, the features your business requires might be additional for many other merchants which requires a POS. You need to ensure that the system you opt for has the right features for ensuring your business soars. Before looking around, make a list of items you need in your machine and use them as the basis of your search.

Usability factor

No business can afford to invest in a system that is impossible to use. So, consider the simple to operate and does not require a manual for constant reference if you want to remain productive. This is especially important in quick-paced environments or in stores that have a higher turnover of staff. A great POS is essential for the satisfaction of staff in the work area. It can get tiring to use a system that is too complex.

Simple training process

Retails depend on the high staff turnover rate, especially during the festive seasons, as it is then when temporary staff members are added to meet the business’s demands. During this time, extensive training happens, draining the company resources as experienced staff are taken off their roles to educate and demonstrate the swipe machine to new members.

This is where you need to opt for a machine that is user friendly and offers plenty of training resources for streamlining the training procedure and make the new staff appear experienced.

A Quick Guide to Home Loans

Getting a home loan or a mortgage takes some work. However, once you get preapproved, you can hunt for a house with confidence as long as no big changes in your credit rating change. When you are preapproved, carefully review the proposed house payment to see if it will work with your budget.

What Is Included In My Mortgage Payment?
Your mortgage payment includes

the principal
the interest
private mortgage insurance, or PMI
the escrow payment
Mortgages are amortized, which means that when the lender is at the greatest risk, your payment is mostly interest. As the risk for the lender lessens, your payments will have a bigger impact on your principal balance.

PMI can be reduced or removed once you have paid down 20% of your mortgage principal. PMI will equal .5 to 1% of your total mortgage principal spread out over 12 months. If you end up getting a mortgage without a 20% down payment, consider adding a bit more to the principal each month so you can get rid of this fee.

What’s an Escrow Payment?
An escrow payment is fundamentally a savings account held by the bank on your behalf. Out of the escrow account, your bank will pay

property taxes
insurance
With an escrow account in place, your lender can be certain that your property taxes and homeowner’s insurance are paid in a timely fashion. Again, this surety protects your lender from risk; you must have homeowner’s insurance to get a mortgage and you may lose your property if you don’t pay the taxes.

House Vs. Condo Vs. Duplex
If you’re looking at condos and have qualified for a VA loan, make sure you buy from the VA approved condo list. Condos are considered to be an extra risk because your neighbors can have a huge impact on the value of your home.

While you can get a traditional mortgage for a condominium, do be aware that there are lenders who won’t work with people looking at condos. If you’re looking at duplexes, you will probably need to get a commercial mortgage.

Commercial mortgages place a bigger burden on the buyer than the property. An FHA or VA backed mortgage will place a bigger burden on the property and thus the seller. Your FHA lender will place requirements on the property to make sure that a first-time borrower can actually live in the home.

Funding For a Fixer-Upper
If you have the skills and find a fixer-upper, you may not be able to qualify for a traditional mortgage at the time of purchase. However, once you get it fixed up you may be able to get a traditional mortgage on the new value.

For first time homebuyers, a fixer-upper may not be the best choice. It’s easy to look at a bargain property and envision what it could be, but unless you have the skills to do a lot of the work yourself, you may quickly price yourself out of the market when you go to get your conventional mortgage.

Rent-To-Own Options
Depending on the state you live in, you may be able to get a private mortgage or buy your property from a landlord. For anyone with serious credit challenges, this type of mortgage may be the only way to buy a home.

However, these loan structures are quite specific. You will need to demonstrate a strong payment history. You may need to come up with a down payment, which you may lose if you choose not to buy the home. Additionally, you may be able to get a balloon financing setup from a private seller with an agreement to require you to get a mortgage after five years. However, if property values go up during those first five years, your mortgage principal may be higher than the buy would have been at the beginning of your five year purchase process.

Buying a home is a wonderful way to build wealth over time for your family. There are many ways out there to buy a home, but the better your credit is, the more options you will have.

Common Questions to Ask an Image Consultant

WHAT TO ASK ABOUT STYLE

Before you engage the services of an image consultant you might want to ask about a few important things. The first pertains to research, the second to color analysis, and the third to footwear.

THE RESEARCH QUESTION

Probably the biggest mistake people make when using a stylist is thinking that this individual can help them without research. In fact, most people never think about research. The reason for this is simple. Most stylists today don’t do research and don’t rely on research when making recommendations to their clients about wardrobe, footwear, and accessories. Instead stylists simply tell clients what they think looks good, with no idea what the effect will be when the client wears that leopard print dress to work.

It pays to ask about research before you engage the services of someone who is going to help you look good. Research is the most important factor to consider since only testing can determine whether a particular suit will be effective at work or in social situations. Your stylist might conduct research himself or he might rely upon a database of research conducted by others, or some combination of the two. At the very least you want a stylist whose eyes don’t glaze over when you mention research.

THE COLOR ANALYSIS QUESTION

Our second recommended question is about color analysis. Ask your stylist if she subscribes to the four seasons Color Me Beautiful theory. This theory claims that people fall neatly into one of four classifications, called seasons. The practitioner then claims that she can analyze you and tell you what season you are: winter, spring, summer, or fall. Based on this analysis she will tell you what colors to wear and what colors to avoid.

Why do you want to know whether your image consultant subscribes to this theory? Because any consultant who believes this theory is going to lead you astray. The theory is as viable as the theory that the earth is flat. It simply is not backed up by any credible evidence. You are better off with an image consultant who will admit to you that they can help you choose good colors based on what has tested well for your profession or for the social situations you will be invited to.

THE FOOTWEAR QUESTION

Our third tip for picking a good image consultant is to ask him what he thinks is more important in footwear, the look or the comfort level. If your consultant says that the way a shoe looks is more important you might want to think twice about hiring him since you’ll be the one wearing those uncomfortable shoes, not him. While the style and look of footwear is very important, the more important factor is comfort. And a good wardrobe person can easily help you find the right look in a very comfortable shoe.

If you remember to ask about research, color analysis and footwear you will be at the head of the class. And so will your image consultant.

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