When shopping for a new car one of the first questions a dealer will ask you is – what kind of car loan payments are you looking for? If you answer that question, you just cost yourself thousands of dollars. Instead, when you buy a pay cash for a new car. In other words, you should look at total purchase price, not the monthly car loan payment amount. Save Money On Your Car Loan Payment: Buy a … [Read more...]
When is it Time to Buy a ‘Newer’ Car?
Cars can be so new that the mileage is under 100. It has a new car smell. And you are the first name ever on the title. If that is the new you are looking for be prepared to assume a huge amount of depreciation on the vehicle in a very short time. What is a 'new' car? When I talk about a ‘new’ car I mean new to you. The mileage in the car is probably over 5 digits, not under 3. It has a … [Read more...]