vehicle — Personal Finance Articles and Topics

How to Get the Best Deal on a Car or Truck

Shopping for a new vehicle can feel a bit daunting, and rightfully so, due to how expensive new and used vehicles are. The financial implications can last several years. First-time car buyers, and even seasoned veterans such as I, can find themselves overpaying for a vehicle due to a variety of factors such as financing, new vehicle markup, the true value of the vehicle when previously owned, overbuying based on wants over needs, extended warranties and more. Here’s what you can do to make the most of your car buying experience.

Richard MunsterAugust 24, 2021car, truck, vehicle, purchase, buying, best deal

Upside-Down Car Loan & Unaffordable Payments

You probably do not realize it when meeting with a car or truck dealer finance department, but vehicle loans can play a particularly painful role in your financial life when it comes to missing payments or experiencing financial hardships. While mortgage lenders, student loan companies, many business lenders, and even most credit card companies can offer some form of financial hardship relief through government programs of through their own in-house services, you will not find much in the way of government or creditor support when you start missing car or truck payments.

Todd ChristensenMay 20, 2020upside down loan, vehicle, car, automobile

Money Motivations Archive