Auto Financing

Auto Warranties and Extended Auto Warranties Explained

Are extended warranties worth it? Unless you're prepared to pay for the very best policies from the highest rated companies (such as Warranty Direct), I find them more trouble than they're worth.One specific exception is a manufacturer's certification on a used car: this is extremely valuable, but the car will cost top dollar, and you can't choose to buy it. The car is either...

Auto Leasing Explained

Loans versus Leases - Loans enable people to buy things. A lease is a rental agreement. Once you make all the payments on an installment loan, you actually own your car; whereas, when all the payments are made on a lease, you own nothing.Who Should Lease? - Leasing began as an economical way to provide vehicles for business use. Today it's a way for private individuals to drive more car than...

Car leasing vs. buying which is better?

The answer may depend upon how far you drive each year Fuel prices drop Options to buying a car Cost of maintaining an auto Driving habits affect care costs Good care gives used cars longer life Consider renting for vacations.For those who live in their car, getting it serviced can be a problem. Look for a lease or purchase that includes free loan cars. Infiniti dealers, for instance, include...

Rent A Car - Preparation

Be Prepared Next Time You Rent A Car Renters beware: the actual cost of renting a car can exceed advertised rates from 50 to 75 percent when you add up all the fees, taxes, and surcharges that rental companies tack on to your bill. The best way to avoid a surprise is to ask lots of questions before you sign. Traditionally, rental car companies don’t disclose the extra fees and surcharges...

Shopping For Insurance

Most vehicle owners transfer their existing insurance policies over to their new car. If you've been with the same company for a long time, however, it doesn't hurt to see how they measure up to other carriers. The difference between insurance companies can be staggering!Don't sign anything until you find out what your insurance costs will be. Before you buy, get a quote on the car...

Auto Financing

The wisest and thriftiest course is to pay cash for your cars. If this is not an option, I highly recommend you obtain financing before you settle on a particular vehicle.Web-based lenders such as Car.com provide a painless application process for internet-savvy loan shoppers with good credit. For those borrowers with a poor credit rating, you'll find sharp increases in interest rates as...

Insurance Fraud Costs Consumers Billions of Dollars a Year

Insurance fraud has become a major financial problem for both insurance companies and consumers. The National Insurance Crime Bureau reports that insurance fraud costs the insurance industry an estimated $30 billion each year. Insurance fraud and accident staging costs the average American household approximately $300 each year in extra insurance premiums. Every time an insurance company pays a...

Which fuel for energy sustainability to make our vehicles more economical?

All modern, industrial economies are dependent upon fossil energy. Fossil energy is non-renewable, at least within any reasonable human time-frame. If we continue to rely on non-renewable energy to fuel our economy, we eventually will run out.Experts may disagree about how long different types of fossil energy will last, however, no one disputes the fact that we eventually will have to find...