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Should I sell my investments to pay off my car loan or readjust my finances and keep the investments? Hi! I am far from a financial person so I would like all of your help on this! I am trying to figure out if it would be better financially to sell my investments in order to pay off my car and then use the additional monthly income to rebuild my investments (or add to the savings). Or to keep them and re-budget money to pay off the loan faster. …

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Before You Ask, Yes, You Can Power A Car With 50 Drills Everyone who has ever picked up an electric drill has wondered if it would be possible to use one to drive a car. Wait, you haven’t wondered that? Well I guess it’s just me and the Garage 54 hooligans. What if you had 50 drills? It makes sense for EVs to be powered by multiple electric motors, but what if each of… Read more…

Please give me advice on my car loan🥲 I have a $15,000 car loan with a 36%APR. I don’t want to pay extra unnecessary amounts or should I say I want to try not to. submitted by /u/TheFlamingLeo150

I have $80k in cash saved up, another $25k in investments. My car feels like it is going to kick the bucket any minute. Should I just buy a car in cash? Not sure what the protocol is. I’m guessing there’s no benefit to doing a car payment, right? Would be buying used. EDIT: Y’all I appreciate the advice but to be honest I am not looking for advice on whether I should buy a new car. My 09 Altima I have had for 10 years just looks like a POS, and I am ready to have a newer car. I want a new car, d…

Sell stock to pay off car? So a year and a half ago I started with 15k and have managed to turn that into roughly 60k. Should I sell 20k of it to pay off my car loan? 3 years left at 6.4% submitted by /u/ParticularShoddy1014

To pay off car or use for down payment on house? Good afternoon, here’s my question. I’m due to receive roughly 90k in the coming months. We are renters now and planning on moving in June to Denver for work. We just bought a new car with a monthly payment of around $700a month. I have a solid income so money isn’t tight but just curious if that 90k would be best spent completely for a down pay…

Pay off car early or build savings? I am hoping to get some advice / opinions on how best to use a large Christmas gift – my uncle gave me $9,000. I have $4k left on my car at a 9% interest rate (if I made no extra payments, it would be paid off in 11 months) and $2k in credit card debt. I obviously plan to pay off the credit card debt immediately. I only have about $2k in savings…

Buying first new car and wondering if this strategy makes sense We are buying a new car (SUV) and are trading in our paid off 10 year old sedan with under 60k miles to do so. We decided to upgrade due to new safety features and other lifestyle factors like wanting a third row for when family from out of state comes visit or we pick up our friends without cars. Our old car has also had some issues. We recentl…

Never switched car insurances before best way to go about it? I’m paying 220 w/ geico for my car insurance full coverage because im still paying of the car.. Im wanting to switch car insurances but I’ve never switched insurances before, I got a quote from progressive for 175 with better coverage. Now how do I go about switching? I don’t want to end up paying some kind of fee for switching if thats a thing…

What is the best way for getting a car when moving out of state? I recently graduated and will be moving from Central Florida to Dallas, TX, in May, where I’ll be staying for at least two years. I share a car with my husband, who needs to remain in Florida for another year to finish his degree, so I’ll need to get my own vehicle. Ideally, I’d like to purchase a car in Florida, so I can pack my belongings and …

Paying off an underwater car Hi all, I’m likely underwater on my car and would like to sell it. I recently inherited another car without a loan, so I want to get rid of my current car. However, I’m likely underwater since I’ve only had it for four months. According to the Kelley Blue Book value, and depending on the final offer, I will have enough cash on hand to pay off t…

Freaky Nio Hatchback And The Most Beautiful Car Color On Sale Today In This Week’s Car Culture Roundup We all know most car colors are simply dreadful. For the most part, they’re a faded pastel of blacks, whites, grays and silvers. Sometimes, though, an automaker will come out with a color that is so lovely I’ve got to give it a shoutout. That’s exactly what Lexus did with its Copper Crest color that debuted on the… Read more…

Should I prioritize paying off my car early? I financed $26,239 at 5.49% for a 2023 Toyota Corolla for 72 months, my payment is $429 a month and I have $19,460 left. I’m 23, live in a paid off tiny home and have no other debt, or large expenses. I make $60,000 a year. I’m new to learning about investing and haven’t made any other than just to my 401k so I don’t know whether to prioritize i…

Why the Yugo is More Than Just the ‘Worst Car in the World’ submitted by /u/one_brown_jedi

Romanians and travellers, what are your opinions of Bucovina in the winter without a car? The area seems to have the best beauty for nature in Romania. I like it very much but it seems that it is not easily accessible without a car and the winter is not the best time to visit. I hope I’m wrong? Any input would be greatly appreciated. Thank you. submitted by /u/DrunkenConifer

Enterprise Car Accident Today I rented a car in Alexandria, LA from enterprise. My step mom rented the car and added me as a secondary driver. We purchased the additional insurance. My step mom went out of town, leaving me the rental to drive and return the following day. I was driving and a 16 year old was behind me in a truck using his cell phone. He became distract…

I want some suggestions on a car I am trying to buy a car preferably a used car and a v8. I make 3500 a month and have zero bills other the 50 bucks a month to my phone bill. I just wanted some suggestions and opinions on how to buy a car within my wants and need responsibly. submitted by /u/Playful-Bus2464

This Is The Perfect Car And Yes, It Is A Chevy Cruze This may sound unbelievable now but, once upon a time, car makers took chances on small cars. When they didn’t make a butt-load of money they stopped pretty quickly, but the few customers who could appreciate something a little different were able to purchase a small taste of joy. One such car is on sale right now in… Read more…