Affording Your Ride

When calculating net worth, should you count your car as an asset? Yes, but only if you use a current — and realistic — depreciated value.

Should you lease or buy your next car? You’ll always save by buying a used car and driving it as long as possible. But if you “have to have” a new car, there are pros and cons to both buying and leasing to consider.

Refinancing your auto loan can lower your interest rate and monthly payments. But how do you know when it’s the right move, and what are the steps?

Save serious money on auto financing by leveraging competing loan offers at the dealership, making at least a 20% down payment, and keeping the loan term as short as you can realistically manage. Oh, and — of course — don’t buy more car than you can truly afford.

Buying a used car in 2024 is hard but not impossible. Sure, prices are high and inventory is low — but amazing deals can still be found (or negotiated) — if you can master the car-buying process.

A solid down payment on a car is 20% for new, and 10% for used. Those percentages allow you to maximize all of the benefits of an auto loan (save on interest, boost credit, etc.) while freeing up cash to invest in other places.

A car costs way more than just the price you pay to drive it off the lot. Here are the seven true costs of owning a car and how to save on car ownership.

Technically no, you can’t sell a car you don’t legally own — at least not without notifying your finance provider. But once you do, and so long as you also tell the buyer, it is possible to work around it and legally sell a car that’s still on finance.

If you’re looking to finance a used car, there are a few things you should know. First of all, is it even a good idea to do so? Let’s find out.