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Car Dealer Secrets: Get 21% More Money When You Sell or Trade Your Used Car

A clean, well-maintained car can fetch at least 20 percent more when you go to sell or trade it in.

Last week, I wrote about what goes into calculating an accurate trade-in value so you can better understand that figure when the dealer presents it. Armed with this information, what steps can you now take to maximize how much you’ll get for your used car? First, the big question: Do you sell your used car […]

Car Dealer Secrets: How To Be Confident You’re Getting A Fair Deal On Your Trade-In

Tom

I’ve been selling cars since 1998 … Dave showed interest in my stories about car sales and customers and thought you would enjoy my anecdotes and advice.

Q&A: Should I Buy A Second ‘Commuter’ Car With Better MPG For My Long Daily Drive?

Small Car

Q: I just bought a brand-new pickup truck last year when my commute was only about three miles. I chose the truck because I’ve always preferred to drive a truck, but also to tow some toys and do dump runs. I’d really like to [keep] the truck, but now my commute [is] about 30 miles […]

Is It Better To Buy Or Lease a New Car?

Is It Better To Buy Or Lease a New Car-

Should you lease or buy? Everyone faces this question at some point. The quick and easy answer is to always buy, never lease. But there may be some situations when leasing is a good idea. Here’s the breakdown.

Q&A: I’m Financing A Car; Should I Make A Down Payment Or Pay Off Debt?

Occasionally I publish answers to selected readers’ money questions. I welcome your opinion in the comments. Send questions to david@moneyunder30.com. Q: I am in the process of purchasing my first car. I make a little over $30,000 and have student loan payments, but I save by living with my parents. After law school, I was in […]

5 Big Car Buying Mistakes

Last Saturday I was out to dinner at one of those Japanese Hibachi places. Over a scorpion bowl, I was talking to a friend who works as a sales manager at a luxury car dealership. He was mulling over getting out of the industry because—as you might imagine—car shoppers aren’t the nicest people to deal […]

Should You Buy That New Car? 5 Reasons to Keep Your Clunker Running

Keeping your old car running as long as possible can make a lot of financial sense.

Guest author David Bakke shares his insights on money management, smart shopping, and getting out of debt on Money Crashers, one of the top ranked personal finance blogs. In this day and age, people are constantly upgrading just about every appliance, device, and gadget they own. Therefore, it’s not surprising that many people feel the […]

The Case for Buying a New Car

New or used? It’s a conundrum as old as cars themselves: Buy new and enjoy the security of new-car reliability and a factory warranty? Or Buy used and save thousands on depreciation? Now, if I were to poll personal finance bloggers, I’d guess 98% would say always, always, always buy used. Because the numbers don’t […]

What’s Your Car Really Costing You?

For many of us in the United States, owning a car is a necessity. We need a car to get to work. And we need to work so we can make mortgage payments, save for retirement, and pay for all those other expenses in between. But those wheels come at a cost. And the real […]

Peer-to-Peer Auto Loans

Peer-to-peer auto loans provide a great alternative to dealer financing.

Peer-to-peer auto loans provide an attractive alternative to car dealership financing. They allow you to shop like a cash buyer and they’re unsecured, meaning there are no restrictions on the year or model of car you buy.