Just because you are in the market for a car doesn’t mean that you have to drain your bank account, or worse yet, go into years of financial servitude… umm… I mean debt. There are many ways to buy the car that you need at a price that you can afford. Let’s look at a few ways that you can still maintain fiscal sanity while purchasing a vehicle.
Everyone knows that it’s illegal to drive without car insurance but why? Well, accidents can happen at any time–which, is why they are called accidents. And because by their very nature cars are dangerous and can cause everything from loss of life to severe financial hardship it is necessary to be sure that an uninsured person doesn’t cause an accident and then say oh sorry I have no money to pay for all the damage I caused.
The car you cared about for years has become little more than a business transaction, so you want to get the most you can for it. Here are a few tips on how to maximize the selling price and the value of your old car.
Automobiles are necessary for social and business transportation, but once you sign up for a loan, you have an added burden. Besides paying for gas and maintenance, you must make each monthly loan payment on time. Here are six things about auto loans you didn’t know. Zero Percent Loans Everyone wants free financing, right? The […]
Once your kids start driving, the idea of getting their own car may become a major issue in your house. And this of course brings up other issues. You may want them driving an older vehicle for fear they might damage a brand new one. Alternatively, if you can muster the means, you may want them driving a newer car or truck because it is safer and more reliable. Either way, the issue of saving money to finance the new ride and which vehicle you are be able to afford will have a huge impact on what you choose. Here are some tips on how to save for the vehicle your family needs.
Depreciation is the reduction in an asset’s value over time. For automobiles, the first hit comes in a matter of minutes. Drive the car around the block, and it’s no longer a new car; it’s used.