Tag Archives: buying a car

Tips on Buying a New Car

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I bet many of you are considering trading in your older gas-guzzling car with these rising gas prices. If so, you will want to consider many financial implications of a vehicle and not simply the purchase price. A car is a purchase that will keep costing you money. Therefore, you can’t just compare automobiles based only their purchase price alone. When deciding which make and model of car to buy… remember to evaluate the following: 1. Sales Tax – Yes, in most states you will have to pay a tax on your vehicle purchase. You will also have to pay … Continue reading →

Pay Cash for Your Car

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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 →

Women and Cars

In a previous blog I shared a recent experience I had with a rental car in Hawaii. I am not a car expert. In fact, I have never attempted to purchase a car without a male companion (either a boyfriend or brother) at my side. Perhaps, I am dealing with the irrational fear of being “taken for a ride” by a male salesperson, regardless I make a general rule never to walk on a car lot without a guy present. The ironic part about this practice is I am more informed about the car I am interested in purchasing than … Continue reading →