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Jan 25, 2017 The number of Americans driving to work alone is on the rise, according to data from the U.S. Census Bureau. With the increase in drivers comes traffic, which means more time and money spent idling in cars. Some cities are better equipped to deal with the mass of drivers, managing to keep traffic delays and congestion to a minimum. Other cities are equipped with walkable streets and reliable mass transit options, making car ownership less necessary.
Dec 19, 2016 Gasoline can get expensive, but most of us have to drive at some point or another. Driving around to find the cheapest gas in town is one way to cut a big chunk out of your monthly gas bill. But there are many tips and tricks that can reduce what you pay at the pump. Here are seven strategies that can help you save money on gas and reduce your environmental footprint.
Dec 02, 2016 Timing is everything and when it comes to buying a car, that saying couldn't be more true. Negotiating and haggling with car salesmen can reduce the price of what you have to pay for a new whip. But if you want to get the best deal on a car, you'll need to know when to show up to the dealership. Whether you're buying a used vehicle or a brand new ride, we'll tell you the best time of year to buy a car.
Dec 01, 2016 If you buy or lease a car, you'll need to arrange for insurance coverage. Not only is it the law in most states, it will also protect your bank account in the event of an accident. However, if you're involved in an accident and the other driver doesn't have car insurance, you could run into problems. That's the thinking behind uninsured motorist insurance.
Aug 31, 2016 If you have a car that you've been driving for a while and you're ready to trade it in, you might be wondering how to get the best deal. When you're trading in a car, it's a good idea to forearm yourself by doing research into your car's value. Read on for the rest of our tips on how to trade in a car.
Aug 19, 2016 For many people, car insurance is a major expense category in the household budget. And because it's against the law to drive without car insurance, it's not a budget item that can be eliminated unless you're willing to go car-free. That doesn't mean, though, that you're stuck paying sky-high rates. Here's how to get cheap car insurance.
Jan 18, 2017 It is common occurrence on American highways for near-accidents to occur. It is also a common occurrence on American highways for people in near-accidents, to look at the license plate of the near-accident-causer and think to themselves, “Oh, well of course they're from Massachusetts.” Or some other state. It seems like almost every state has a reputation for having terrible drivers. Thanks to data from the National Highway Traffic Safety Administration we can confirm some of those myths and dispel others.
Jun 23, 2016 We've been hearing about electric cars for a while, but it sometimes seems that the only people who buy them are either very into being energy efficient or very wealthy. But there are a lot of good reasons for you to consider buying an electric car. They are good for the environment, but they can also be good for your pocketbook. And who doesn't want to satisfy the demands of their conscience and their bank account at the same time?
May 05, 2016 The sad thing about cars is that like boats and diamond rings, they're depreciating assets. As soon as you drive yours off the lot, it immediately begins losing value. Some people are lucky enough to live somewhere with a reliable public transportation system. And others can bike to work. If you don't fall into either of those categories, however, a car isn't something you can put off buying.
Sep 26, 2016 These days, it can take a long time to pay off a car loan. On average, car loans come with terms lasting for more than five years. Paying down a car loan isn't that different from paying down a mortgage. In both cases, a large percentage of your initial payments go toward paying interest. If you don't understand why, you might need a crash course on a concept called amortization.
Mar 31, 2016 Filling up your car for less than $2 a gallon? The falling price of oil means that gas is much cheaper these days. That may seem great. After all, it means you're left with more money in your wallet to spend, save or to use to pay bills. But the real question is, what does this trend mean for the economy at large? Read on to learn more about the true cost of cheaper gas.
Nov 09, 2015 Keeping a car running can take a major toll on your finances. During the winter in particular, you can easily overspend if you haven't made an effort to ensure that your car is ready to run properly through the ice and the snow. By taking the time to winterize your vehicle you can avoid expensive repairs and put that extra money toward something else - like saving for retirement.
May 20, 2015 In 2014, total U.S. sales of plug-in electric vehicles (EVs) hit 118,000. This was a 27% increase over 2013 and the first time in history that electric vehicle sales have reached six figures. While those numbers seem to promise a bright future for electric cars, another development threatens to knock EVs right off the road: plummeting gasoline prices. With the price of a gallon of regular gasoline at a five-year low, consumers thinking about going electric face a difficult financial choice. EVs may be cool, quiet and clean, but if they can’t compete with traditional vehicles on cost, it will be difficult to claim a significant share of the automobile market.
Jan 20, 2017 Before you can buy a new car, you've got to figure out what to do with your old one. You could always try to sell it yourself but if you don't have cash for the down payment on a new car, trading it in may be the better choice. Trying to haggle with a car salesman can be a bit like pulling teeth. But just as you should take your time when buying your first house, you shouldn't just accept the first offer someone makes for your old car.
Apr 01, 2015 It's not easy getting to work. According to the U.S. Census Bureau, in 2014 it took workers an average of 25.4 minutes to get to work. That adds up to more than 50 minutes a day for the average worker in the United States to get to and from work each day. That's more than 4 hours a week and more than 200 hours a year (if you work 50 weeks) of commuting.
Jan 20, 2017 Recently, journalists, economists and the federal government have been investigating the auto loan world. The reason? Worrying reports about the state of car loans in America. High interest rates, sub-prime lending and reports of discriminatory practice have put auto loans under the microscope. In fact, some call sub-prime auto loans the new sub-prime mortgage. Here's what you need to know about this issue:
Dec 02, 2014 Once deemed a pipe dream, electric and hybrid electric cars are beginning to gain mainstream appeal. When you compare them to standard internal combustion-powered vehicles, however, they come out quite expensive. The logic behind the added expense is that they pay for themselves in fuel savings and also carry the long-term bonus of being better for the environment. So when the rubber meets the road, how do these vehicles actually stack up?
Nov 20, 2014 Car insurance is something that every driver needs to have, and when it comes to choosing a policy it pays to be diligent. On the surface, auto coverage tends to look the same, but there's no such thing as a one-size-fits-all option. Taking the time to carefully research the range of policies available ensures that you don't end up over- or underinsured. When you're shopping around for car insurance, here are six mistakes you don't want to make.
Jan 02, 2015 News flash – gas is expensive! What, you already knew that? Of course you did, but how many of these saving tips and tricks for the gas pump are you aware of? We've collected 14 here to save you money and leave you feeling a little better after filling up that tank.
Aug 03, 2016 A car accident can happen in the blink of an eye, potentially causing serious injuries and leaving your vehicle worse for wear. While your insurance is designed to protect you against financial consequences that could break your budget, you could still end up on the hook for medical bills or car repairs if you're not careful. Planning for the aftermath of an accident before it happens may seem pessimistic but it's a smart way to protect yourself money-wise. Here's a look at what steps to take if you're involved in a collision.
Jun 01, 2014 A good roadside assistance membership is essential for the eventualities of driving. While all of these plans offer the same basic services, they definitely aren’t created equal. Roadside assistance companies all offer unique benefits tailored to appeal to a specific segment of the market. Here are the special features of some of the major companies, at a glance:
May 20, 2014 Cars are some of the most complex machines we use in daily life. With so many moving parts, slight mishaps are a case of when rather than if, and most non-mechanics lack the know-how to fix them. Fortunately, having access to a quick fix for a malfunctioning car anywhere and anytime is as easy as signing up for a roadside assistance plan. TopTenReviews estimates full-service roadside assistance companies cost between $48 and $108 a year to use, and they offer a broad spectrum of commonly-needed services. If you notice yourself falling into any of these five driving habits, you’ll thank yourself later for getting a roadside assistance subscription.
Dec 22, 2016 If your car payments are taking a serious bite out of your budget you may be able to get some relief by refinancing your loan. Refinancing can lower your payment and reduce the amount of interest you'll pay, giving you the financial breathing room you need. Getting a better deal on your car loan is a fairly straightforward process but there are some potential pitfalls you'll need to steer clear of. Here are a few tips that can help you decide whether it's the right time to refinance.
Aug 12, 2015 It’s tempting to buy a new car when you watch TV and the car commercials are screaming at you every 10 minutes. Low down payments and no down payments are appealing. In fact, some of them are even offering such great deals with almost no interest for at least a portion of the loan. Does this mean you should actually go out and buy yourself a brand new car? Absolutely not. The reason? Regardless of what kind of deal is on the table, buying a brand new car is hardly ever worth the financial commitment.
Feb 03, 2017 With interest rates low, now is a great time to buy a car. But if you're not interested in a long-term commitment, leasing may be the better choice. When you sign a lease, you're essentially financing the vehicle for a set period of time and when the lease is up, you hand the keys back over to the dealer. This can be a good option for people who aren't interested in keeping a car for the long haul or those who want to trade up for a new model every few years.
Jan 02, 2015 If you're looking to trim your budget, shopping around for a better deal on car insurance is a good first step. While reducing your coverage is one way to lower your bill, it could end up hurting you in the long run if you wind up in an accident. If you're looking to keep your existing coverage but pay a little less, it may be worth it to consider a usage-based policy. Depending on how much you drive, you could end up saving hundreds or even thousands of dollars a year by making the switch.
Aug 18, 2015 The idea of a road trip is a romantic one. To be sure, road trips can be exciting, adventurous, and an ideal type of travel for solo, group, and family excursions. At some point though, scenery is going to lose some of its pull, the car is going to get hot, backs will ache, and boredom will threaten to kill any remaining buzz. Music and snacks are a must, and so are a few games to whittle away at some of those hours of highway stuck behind a cow trailer.
Aug 12, 2015 It's pretty well known that you should not pay sticker price when buying a car. Most of us head to dealer ready for some haggling (or negotiating). New or used, paying the sticker price is never a good idea. Okay there is one possible exception, you're buying a used car from a close relative and are 100 percent certain that they are giving you the best price possible.
Dec 23, 2014 In July 2013 eight states increased their gas taxes. If you don't live in one of these eight states don't rest easy just yet; 11 other states are considering similar gas tax increases. I can still remember when I started to drive. I got my license and my shiny new (to me) Ford Escort. No more asking my parents to drive me around or have friends take me from place to place. I was mobile and it was fantastic. The only stipulation my parents handed me with the keys is that I would have to pay for the insurance and gas.
Dec 22, 2014 Today, more than ever, consumers are relying heavily on online reviews when making purchase. This is particularly true in the automobile industry. Online reviews are supposed to be a simple way for customers to give their informed opinion and experience with a recent purchase. When it comes to reviews on cars and automobiles, Edmunds.com is the most popular review website.
Aug 12, 2015 Unless you're an eccentric living in the hills of Northeast Pennsylvania (I'm not mentioning names, it's me) you will eventually want to get rid of your old car and move on to something newer if not brand new. There is the third option, which makes my wife crazy, and that is to keep it until it dies peacefully in it's sleep. To be honest my wife gets a new car every few years, I don't.
Jul 13, 2016 You always knew when it came time to add your teenager to your auto insurance that it would increase your premiums. Chances are you had no idea just how much. While the actual increase varies by state, according to a new report on InsuranceQuotes.com, the average increase to a married couple adding a teenager to their auto insurance is eighty four percent!
Dec 18, 2014 When it comes to shopping for auto insurance more and more customers are turning to the internet for help. According to a J.D. Power and Associate’s study in 2012 upwards of 65% of auto insurance shoppers, visited the website of at least one insurer or quote aggregate. The numbers also rose for shoppers who relied solely on the internet for purchasing their auto insurance.
Sep 16, 2016 It’s that time of year again. The sun is shining, weather is warm, and the beach is calling your name. This is the time of year when Americans take vacations and decide to get away for relaxation and fun. For many, car rentals will be a part of their vacation and travel expenses. Luckily, there are some ways you can cut down on the cost for your car rental.
Dec 18, 2014 When I turned 16, I got my first car. It was well past its prime, barely ran and was of a questionable safety level but it was $500 and it was mine. I toiled away for two summers at a hot dog wagon off of the side of the highway to earn enough money for it and the insurance to get me on the road. I would have never dreamed of registering for the car and having my friends, families or anyone I could reach via the internet to finance that car for me. Fast forward twenty years to today where the millennial generation and car companies are coming up with ways to finance their first new car.
Feb 03, 2017 Most teenagers dream about the day the get their driver’s license and are able to take their first car out for a spin by themselves. For teens their license represents freedom and the ability to move about untethered. For parents a teenager receiving their driver’s license not only signals another stage of independence for their child, but also another cost in the form of additional auto insurance.
Dec 18, 2014 Unless you have been living under a rock, you've probably heard about the crowd-funding site Kickstarter. Independent artists, movie makers and musicians have been using it to varying levels of success, and charities have flocked to it in order to raise funds. Kickstarter recently dropped kicked its way into the internet zeitgeist when Zach Braff, of “Scrubs” fame, used it to raise over $3 million for his follow-up to the movie “Garden State.” Kristen Bell also used the site to raise over $5 million for a Veronica Mars movie
Dec 17, 2014 Rent-to-own businesses are not new. This $8.5 billion industry has been out there targeting the not-so-rich since long before Troy Aikman and Hulk Hogan started hawking for them. In these stores, you can “rent” furniture, that big screen TV you’ve always wanted, computers, big appliances, the list goes on. The options for payments include 90-day same as cash, and fixed weekly, bi-weekly or monthly payments.
Aug 12, 2015 Americans will buy an average of more than nine new cars over the course of their lifetime, according to automotive research firm Polk. And that figure is down from 13 in those carefree pre-recession days. Surprisingly enough, for all those new cars we buy, many of us remain confused about the best way to go about paying for those cars. Should we get a loan through the dealer? Or should we go direct through a bank, credit union, or specialty finance company?
Dec 17, 2014 Car sharing services such as Zipcar, RelayRides and Getaround are all the rage around college campuses and among urban dwellers in crowded cities. In 2012, reports show some 800,000 belonged to car-sharing services, in which members pay a small annual fee to join and can rent cars on an hourly basis using a smart phone app or going online.
Dec 17, 2014 As many police officers and lawyers will tell you, the best way to avoid a traffic ticket is to obey the law. However, in the rare occurrence that you do infringe upon a traffic law, a ticket can be burden. Different jurisdictions have different costs, it can affect whether or not you keep your license, and if you work, you may be unable to take time off to fight the ticket in court. However, as soon as you see those lights in your rear-view mirror, there are things you can start doing to build your case.
Dec 17, 2014 The dog days of summer are quickly approaching. For those with a serious sense of adventure that means one thing: road trips. You may be heading to a music festival like Bonnaroo, a historic tour of the East Coast, or simply visit a friend who lives a few states away. Whatever the occasion, road trips can get pretty expensive. Before gassing up the car, check out this list of four ways to save your money for the cross country journey.
Aug 12, 2015 Second to the purchase of your first home, buying a new vehicle is one of the largest investments you'll make. This fact alone should compel potential buyers to exercise due diligence before signing on the dotted line. There are many positives that come with buying a brand new vehicle. There are also a few caveats that should be taken into consideration.
Feb 03, 2017 Car salespeople aren’t necessarily evil, but they're the only people who can prevent you from getting the best price for your next car. It's a good idea to keep these four car dealer traps in mind the next time you decide to go car shopping. Doing so might save you the gut-wrenching regret of being screwed over and forced to overpay for your new vehicle.
Nov 03, 2015 You walk into a dealership looking to buy a car and you end up paying more than you want. Or you plan to purchase a practical, reasonably-priced vehicle but you get talked into buying a luxury car with a long list of special features you don't need. If you're sick of feeling like you were tricked by car salespeople, our 7 tips can put you in the position to beat them at their own game.
Jan 07, 2016 Outside of their day jobs, many of our favorite celebrities have invested a lot of time and energy into their hobbies. While some stars buy lots of homes and collect art or shoes, others prefer to surround themselves with luxury vehicles. Unless you’re a celebrity news junkie, you might be surprised to find out that these seven household names are big-time car collectors.