Asset or Burden? 6 Things About Auto Loans You Didn’t Know

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 […]

Paying for a New Vehicle

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.

The Real Toll Car Depreciation Takes On Your Net Worth.

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.

How To Lower Your Car Insurance Premiums

How Much Car Insurance Do I Need? For many drivers, car insurance premiums can be one of their biggest monthly expenses. If you’re like most people, saving money on insurance can may make a huge difference to your bank account at the end of the month. Unfortunately, many automobile owners are over-paying on their car […]

5 Factors That Influence Car Insurance Costs

Finding the perfect insurance rate doesn’t have to be intimidating. However, drivers should understand that there are five factors that have a huge impact on the cost of auto insurance. Often, in an attempt to lower their costs, many drivers choose to lower coverage which is fine as long as you never have an accident. […]

Beware of Bad Drivers and Insurance Scams

We have all encountered bad drivers, whether they’re screeching round corners, tailgating or simply “road hogs”. Unfortunately, it doesn’t stop there. Insurance Scams Insurance scams are nothing new, just the tactics change- as insurance companies catch on and the scammers try to stay one step ahead.  The latest reported is the ‘flash for cash’ scam, usually […]

Financial Implications of a DUI

Statistics reveal that incidents caused by driving under the influence impose a massive $51.1 billion financial cost. Many times the offender doesn’t even realize the extent of the financial implications caused by his actions… upon himself and the public. Costs Defined A DUI can lead to a variety of costs including attorney fees, court fees, impounding or […]

Tips for Buying Car Insurance

If you have limited funds, car insurance could seem like an outrageous expense. But if you get caught driving without it, it could cost you even more in fines, court fees, and even impound fees. Several factors influence car insurance rates and, if you are trying to insure an existing car, many of those things […]