For some people, there is an appeal to leasing a car vs. purchasing it outright. Leasing a car is one way for many would-be car owners to be able to finance a more expensive car with a lower monthly payment than they would have otherwise been able to afford.
This low monthly payment is not all [...]
Archive for the ‘Automotive’ Category
Four Hidden Dangers of Leasing a Car
Filed under: Automotive
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How to Save Money on Gas
With summer in full swing and the price of oil hovering near $90-100 per barrel, everyone is feeling the pinch at the gas pump. High fuel costs affects us every summer, and this one is turning out to be no different.
Except this year, the high cost of filling up our gas tanks has been compounded [...]
Filed under: Automotive, Energy, Frugality
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The Ten Best Ways to Save Money on Gas
A few weeks ago, gas prices at our local gas station were flirting with the $4 mark. Today, they’re about $0.30 lower, but still high. I thus thought it would be worth sharing this list of the ten ways to save money on gas from the Consumer Federation of America.
Note that I’ve sorted these ideas [...]
Filed under: Automotive, Frugality
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Does Raising Your Car Insurance Deductible Save You Money?
This is a guest post from Hank Coleman.
When you write out the check for your 6-month car insurance premium, do you ever get the sinking feeling that once again you’re paying out a chunk of change you’ll never get back?
If you’re a safe driver with a clean record, you may be thinking about raising your [...]
Filed under: Automotive, Insurance
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Escaping an Upside Down Car Loan
After I wrote about doing a year end financial review, a reader shared a problem that they were having:
Briefly, here’s the situation. I “inherited” a vehicle from my ex-wife through divorce. She declared bankruptcy and, rather than have the vehicle included in that (it had my name on the lien as well as hers), I [...]
Filed under: Automotive, Debt Reduction
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What Are Car Title Loans & Are They a Ripoff?
Tough economic times have people in a financial bind and doing things they haven’t done before. There are those who are living paycheck-to-paycheck when they suddenly get struck with a financial emergency.
What would you do?
Some people turn to “title loans” to give them a quick infusion of cash to tide them over until next paycheck. [...]
Filed under: Automotive, Debt Reduction
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EPA Increases Allowable Ethanol Content in Gas
I’ve written in the past about how many drivers have reported significant drops in mileage when using a 10% ethanol-blended gas. That post spurred a ton of discussion, so I thought it would be worth highlighting a bit of ethanol-related news that I recently ran across…
Did you know that the EPA has approved E15 (gas [...]
Filed under: Automotive, Energy
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Car Dealership Tricks to Avoid
Buying a new car is one of the most stressful financial situations that you’re likely to encounter. There are many reasons for this. After, this is one of the biggest purchases (aside from a house) that you’ll make, and you want to get a good deal. One big obstacle for many is dealing with salespeople [...]
Filed under: Automotive
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Car Insurance: Dealing With an Accident
Last week while driving home, my husband and I got into a car accident. We were stopped at a red light behind another car. When it turned green we started to move, but got slammed into from behind by a young guy going way too fast.
After the accident, he said that he was messing with [...]
Filed under: Automotive, Insurance
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Buying the Best New (or Used) Car for You
Buying a car definitely takes a good bit of time and effort. It’s a big purchase and, if you’re like us, you want to get the most bang for your buck. Both of our cars are still running pretty well, but we know that they won’t last forever, so we’ve been thinking ahead.
At some point [...]
Filed under: Automotive
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