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Archive for the Buying New & Used Category

How to Buy a Great Used Car for Under $5,000

Friends Don’t Let Friends Get Ripped Off On Cars A friend of mine was considering a used car, so they went around to several different used car lots. One in particular markets to people with low credit ratings, they show you a nice shiny looking car and quote a payment, and then push hard for the close. One… Read More »

Hyundai and Kia Fined Again for Nearly $300M For Overstated Gas Mileage

Lack of Corporate Integrity for Kia and Hyundai? The Impact to Personal Finances? Deja vu for Kia and Hyundia: It was almost 2 years ago to the date, of the announcement that Hyundai and Kia overstated gas mileage ratings for over 900,000 autos sold since late 2010 and into 2012. Today, on election eve November… Read More »

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 »

Car Power Plants Reviewed: Electric, Hybrid, Gasoline and Others

Have you thought about buying an all-electric vehicle, or hybrid with the costs of gasoline being so high. Maybe you are ecologically minded, and think electric power is better for the environment. Before you run out and buy an alternative fuel car, I thought it would be good to cover the advantages and disadvantages of… Read More »

14 Most Fuel Efficient Cars

When you buy a car, what is most important to you: purchase price, cost of ownership (regular maintenance, repairs, insurance, MPG, depreciation), utility, performance (how fast and how well it handles), safety, image or the green factor?  Maybe you consider them all, but some prioritize the list differently. Strangely, many people do little research and… Read More »

Buy a Car to Save Money?

Does it make sense to buy a new used car that gets great mileage, compared to keeping an old heap, thinking that the gas savings will outweigh the cost of borrowing? Suppose an old family van isn’t needed anymore since the kids are out on their own. It could be tempting to consider alternatives, for… Read More »

Autos Mechanics See the Most

If you are considering a new or used car purchase you may want to check out a good article at AOL Autos “Here are the autos mechanics see the most.“

GM Chevy Volt Cancelled?

General Motors (GM) announced another “temporary” production halt for its $40,000 electric hybrid Volt car. This car was doomed to fail from the start when they priced it almost twice the cost as Toyota’s Prius. The average passenger car shopper is looking for a car that is priced similar to other cars in the size… Read More »

Used Car Cautions

Many people, particularly those wanting to drive a really nice car or wanting to appear successful are sometimes tempted to buy used luxury brand cars. If you don’t have a large savings account, or mechanical abilities to fix cars (or a good friend who does), never buy a used BMW, Mercedes, Jaguar, Land Rover, Audi, Saab, Porsche and Volvo or… Read More »