Practically everyone has a story about how an older friend or family member got ripped off at a dealership, maybe they were sold a total lemon or got hosed on …
A lack of understanding when it comes to loan math is one of the reasons Dave Ramsey is so popular. Too many consumers get underwater and over their heads when …
Image: Scott Olson (Getty Images) It seems that the era of people willingly overpaying for new cars may be at an end as data shows that the number of people …
Americans have a huge automotive debt problem right now. A new survey shows that 31 percent of American drivers who financed their car are underwater on their loans. The problem …
Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its way back down to reasonable levels — levels that would …
Photo: Hyundai Sometimes you don’t know what you’ll miss until it’s gone. It first occurred to me in 2020 that we were witnessing the disappearance of inexpensive cars, and back …
Auto loan debt is at an all time high. While some of the blame for that can be put on things like stubbornly high interest rates and ever increasing car …
Generally speaking, Dave Ramsey and his cohorts have a history of giving some terrible and frankly unhelpful advice when it comes to buying a car. However, in this case of …
Image: Kia A sucker walks into a new car dealership every minute. Dealership showroom floors are practically delivery rooms for freshly-born suckers. There are shiny new cars on the floor, …
More and more people are buying their cars with cash, and it’s almost entirely because high interest rates have made auto loans miserably high. Both gas-powered and electric vehicles saw …