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

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 u … [Read more...]

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

Note from David: This is the first post from my friend, Tom. I hope he will be a regular contributor on a subject that is one of the biggest things many of us spend money on: our cars. Tom works in the car industry and has deep insight into how cars … [Read more...]

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

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 … [Read more...]

Is It Better To Buy Or Lease a New Car?

If you've ever gone car shopping, you may have come across the option to lease a new car. On the surface, a car lease seems too good to be true. You get to drive home in a brand new car for a lower monthly payment than if you got a loan to buy the … [Read more...]

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 Q: I am in the process of purchasing my first car. I make a little over $30,000 and have student lo … [Read more...]

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 … [Read more...]

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

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 … [Read more...]

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 g … [Read more...]

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 … [Read more...]

Peer-to-Peer Auto Loans

It’s best to buy a car with cash---but not everybody has saved up thousands of dollars when the need for new transportation strikes. Although car shoppers have several options for financing a new or used car, including many online lenders, buyers w … [Read more...]