Cars & Transportation
12 articles
Is your ride due for an upgrade? Frugal car buyers assume luxury cars have no place in their garages or driveways. In many cases, they’re right. Buying more car than you can afford is one of the easiest and most preventable ways to get into debt. More than that, it’s often futile: To get out
Buying an electric car is an exciting prospect: getting in on the ground floor of a nationwide movement. Right now, existing automakers like Ford and Honda as well as startups like Rivian are rolling out dozens of new electric models. But along with the thrill of trying this new clean technology, you probably have some
Americans love our cars. Many families even own two or more — and they’re paying for it too. Based on 2019 calculations from AAA, the total cost of owning two cars could be anywhere from $12,120 to $25,114 per year. If you’re currently part of a two-car family, you may have wondered whether you could
In 2020 and 2021, prices for used cars soared.. The COVID-19 pandemic had disrupted the production of new vehicles, limiting their supply and leading more buyers to seek pre-owned vehicles. By the end of June, the average price of a used car had passed $25,000 for the first time ever, according to CNN. In this
When car shopping, there are plenty of reasons to avoid expensive financing. Although you might feel like everyone is financing their ride, the reasons to avoid a car loan add up quickly. First, the costs of financing can get out of hand quickly. With the average monthly car payment sitting at well over $600, it’s
Are you in the market for a new or used car? You might want to get rid of your old one first. It’s nice to have a backup ride in the driveway. But older cars are notorious money pits: registration renewal fees, wheelage taxes, loan payments, and routine maintenance all add up, not to mention
If you’ve ever been stuck in a traffic jam, sitting motionless behind a diesel-belching truck as cyclists glide past happily in the bike lane, it may have crossed your mind that you’d be happier living without a car. But chances are, you quickly brushed aside that notion, imagining just how impractical that would be. After
Books or websites about saving money often say you should never buy a new car. After all, a new car can lose as much as 20% of its value in its first year. If you buy a 1-year-old used car instead, you can get practically the same car for 20% less. But a used car
A car is a major financial obligation. With the average new vehicle price topping $47,000 in 2022, it’s no surprise that many car shoppers want to know how to get the best deal. As you shop for a car, there are plenty of tips and tricks to employ to reduce your purchase price. One way
With used car prices higher than they’ve ever been, millions of leased-vehicle drivers are asking themselves the same question: Should I buy out my lease? There are several reasons buying your car at lease end is a good idea, though there are also times when it isn’t. Fortunately, the process is relatively simple. Your dealer
American Airlines AAdvantage is one of the best travel loyalty programs around. If you regularly fly with American Airlines or any of its oneworld alliance partner airlines, AAdvantage miles can help you save real money on your next vacation or business trip. You must earn those miles first, of course. Fortunately, with so many ways
Collision coverage can significantly reduce out-of-pocket auto repair in some situations. But before you buy, determine whether collision insurance makes sense for you.