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Archive for the Loans & Leasing Category

How to Buy a Car and Avoid Lemons

Besides the purchase of a home, automobiles are the second most significant purchase that consumers make. The wrong car buying decision can cost you thousands of dollars. Here are some tips for buying the right car for you so that the purchase doesn’t interfere with your accomplishing your other financial goals. Have you heard the jokes about Land… Read More »

The Insanity of Long-Term Car Loans

It has been reported that 7 and 8 year car loans are becoming the norm. This isn’t surprising, when you consider that the cost for a new mid-size family car, mini-van, hybrid, or small SUV can easily be $25,000, and it is not uncommon that if nice features are added they can easily cost $30,000… Read More »

Is a car lease a fleece?

Dave Ramsey says that no one should ever lease a car, he calls car leases fleeces, is it true, is this fair, should no one really ever lease a car, and is it always a rip off? Basically a lease is the purchase of the car’s value that you will be using. Dave’s overall recommendations are to minimize… Read More »