True Cost of Car Ownership

What Is the True Cost of Car Ownership?

Updated: May 10, 2020 The actual cost of car ownership goes much further than your monthly payments. Cars need consumables, like gas, brakes, and tires. To keep them street legal, you will also need to pay for insurance and registration. On top of all of that, you also have depreciation expense or how much value Read more

Buying a Car

Car Purchase Options Explained

Did you know that buying a car is one of the most significant decisions influencing your entire financial situation? For a purchase this large, you should always look at the total cost of car ownership. One more vital factor to consider while purchasing a vehicle is how to buy the car the “right” way. We’ve Read more

Buy a New Car or Keep the Old One

New Car vs. Old Car This video is a detailed calculation of: How much does it cost to keep the existing car and keep repairing it? Buying a new vehicle for cash. Financing a new car. Leasing the new vehicle. We ended up buying a new car. At the end of the video, you will Read more

Car Negotiation

New Car Negotiation Tips 2020

New Car Negotiation Tips Find out how to get 20,000 off MSRP for the new car. It was a combination of manufacturer incentives, dealer discount, and negotiation. This video is about negotiation advice and things to pay attention to. Overview Psychological tips Before visiting the dealership Dealership visit After the agreement Helpful Links Auto Calculators Read more

Rental Car Insurance

Rental Car Insurance: Do You Really Need It?

When you’re renting a car, the agent will probably ask if you’d like the optional rental car insurance. This insurance is designed to protect you against any financial or other risks should you get into an accident. You don’t have to purchase it from the car rental agency. Other sources include a third-party company, your Read more

Car Insurance

Auto Insurance: How It Works

Auto insurance is one of those things you always have to get but hope that you never need. For most states, it’s a mandatory cost of operating your car; but that doesn’t mean that you buy it and forget it. Your insurance policy must have a minimum amount of coverage based on the state you Read more

old car vs. new car

Old Car vs. New Car: Should I Buy a New Car or Keep My Old One?

Updated: July 17, 2020 Classical financial advice is to run your existing car to the ground as cars keep you poor. However, what about all the repair costs and the stress about the car being broken when you need it the most? It would be nice to upgrade your ride and have the security of Read more

How to Negotiate a Car

New Car Negotiation Tips that Work in 2020

Last Updated: July 17, 2020 After you have made all the calculations and prepared for the process of buying a new car, you need to understand how to negotiate a car correctly before actually going to the dealership. Follow these new car negotiation tips to buy a car cheaper. How to Negotiate a Car: Psychological Read more

Uber vs. Owning a Car

Do You Even Need a Car? Uber vs. Owning a Car

Last Updated: May 21, 2020 There used to be two hallmarks that showed a comfortable quality of life: buying a home and purchasing a car. Today, many people are questioning whether they need a car. Maybe the money that would have been spent on a vehicle could be put somewhere with better returns. Perhaps you Read more

Buying a Car

Should I Buy a Car? Factors to Consider

You may be wondering, “Should I buy a car?”. Did you know that, outside of buying a home, this will be the most expensive acquisition you’ll ever make? When purchasing a car, you’ll make important decisions that will impact your immediate and long-term finances. That’s why it’s best to consider several important factors before settling Read more