Pay Cash for Your Car
A car is not an investment; it simply helps you get from point A to point B. If you are in the market for a new vehicle, consider the following tips to save money in the process. 1. Pay cash for your new car. Make every attempt to minimize the amount you borrow to purchase a car. Whether it is new or used, a car instantly loses value. This is different from a home purchase for example, where the cost of borrowing is often eliminated by the increase in equity over time. 2. If you don’t have enough cash saved … Continue reading