Is it worth selling my car to reduce my debt ? Current car , KBV 16k , owe 5.8K at 165 a month 1.9% APR. 2018 hyundai Kona. Other debt payments, student loan 25k, 225 a month at 4.5% I would buy a used ford with 110k miles for 3.5k Current savings 30k retirement 10k cash for house fund some day Emergency fund 1000 Income 115k Age 27 I’m building my emergency fund and putting about 40% away …

Totaled my car, what should I do? On May 16th I totaled my 2016 Volkswagen Jetta, going over railroad tracks. Luckily I didn’t hit anyone or another car or thing. At the time, my car insurance was $300 a month and my payment was $305. My insurance was already high because I had an accident in 2021. The car didn’t look physically damaged, so it took my insurance a long time to te…

Should I get a car for college since I can get a 0% interest loan? I have the opportunity to buy a car thanks to my grandpa willing to help fund the cost of a vehicle. The loan that he is willing to give me has the first $10000 as a gift (so I don’t have to pay the first 10k back), with anything over as a 0% interest loan to him (I don’t have to pay this back immediately, but I would have to when I have suffici…

Rental car accident. Who pays Not sure if right place to post but if not, please let me know where to cross post.. I rented a car through Expedia and chose a car from budget and took the third party AIG insurance. I declined budget’s collision insurance because i didn’t understand why I needed more coverage than what my Amex covers and the third party along with my personal …

I hate my car and want to sell it. Should I do so? Background: I own a 2023 Subaru Crosstrek that I bought new in 2023 worth (according to KBB) about $25.2k. My loan on it has a little under 3 years left, an $18.4k balance at 3.9%, and thus a raw equity of roughly $6,800. Payment is $589/month. I make $70k, spend about $30k and have zero debt besides the car. I max all of my available retirement…

PSA Reminder: Nothing is “safe” in your rental car OR checked luggage no matter how hidden or locked. Don’t do it please. I have seen several posts recently (and also have had several colleagues) who have had stuff stolen from their bags and rental cars. It baffles me. Everywhere you would think to hide your purse or valuables the theives have seen. In your car: Under your seat, in the trunk, glove compartment, under the foot mat, tucked above the sun visor. In yo…

LPT If you’re in a taxi or a ride share and you have items in the trunk, leave the door open while you get out of the car. LPT: The driver will stay as long as the door is open. There’s no chance they’ll forget (edit: and lesser chance they’ll try and steal) your belongings in the trunk and leave while their door is open. I just saw this happen to a neighbor. Hope it never happens to anyone else. submitted by /u/Yosho2k

Teen, working at parents restaurant looking to save up for a car I just turned 15 a few weeks ago and i’ve been wanting to save up for a car, i’m planning to start driving school around christmas but beforehand i wanna get a car so i can be able to practice driving with my parents or my self without the risk of crashing my parents cars. During school i would only work weekends, I make 17 the hour and the hour…

No longer have a car Long story short, I’m not in my hometown for the summer because i’m doing an internship elsewhere so I was convinced not to bring my car by my mom because it isn’t the most reliable. So, not even a week into my internship I get a call from my mom saying she was using my car. (Mind you she has a perfectly working 2020 kia.. while I have a 2011 ch…

Car museums in Italy that are must see or easy to get to from Rome-Pisa-Florence? US resident looking to see if any car museums are must see for a week trip and offer something I might not see here with more time. Not a huge Ferrari fan or racing fan. More into exotics, rare and oddities. Actual assembly tour or historic building tour would be interesting, but I really want something special or quick as I don’t want to waste …

Weekend Car Culture Roundup June 15, 2024 Dealers are almost universally shitty. From car buying to service, only a dealership could suck on multiple fronts. Often dealers won’t take any responsibility for their horrible service and behavior, either. Take what one Acura Integra Type S owner is going through with his local dealership, for example. – Lawrence… Read more…

Worst financial mistake ever, car loan @ 23 years old, I don’t know what to do I’m 23 & have made the biggest financial mistake ever in my life. I have good credit & decided to finance a brand new Toyota for $42,500 @ 72 months @ 6.59% interest rate. Monthly payments are $635, I take home about $2,300 per month from my job & live with parents. I’m 7 months into the loan with $34k left to pay off. I want to pay it off as so…

Lease Ending but ex wife got car in divorce…. I have a lease ending on a 2020 jeep Cherokee under my name. But here’s the twist. I agreed to let my ex wife drive it in our divorce under the terms she makes all the payments on it and buys it out at the end of the lease. After speaking to the dealer she can’t buy it because she’s not on the lease. Is this true? Can I not have sign a piece of …

Financing a car through bank instead of dealership? ELI5! Hi, I hear all the time that people advise you don’t finance through a car dealership but arrange financing with your own bank ahead of time. But how exactly does it work? When I bought a home I got a preapproval letter from the bank, do I have to present something similar to the car dealership? Does it add any time or steps to the overall proce…

Does it make sense to lease or finance a new car? I’m starting out in my first real job and need to get a second car for my commute. Right now, my husband and I share a car that was purchased in cash in 2016. Since I will be making more money, I need to get a car for my new job, so my husband can continue to use our current car. We have basically no savings from renting in a high cost of living…

I Am Swapping My Volt For A Highway Cruiser! What Car Should I Buy? Nick’s wife is starting a new job that requires a lot of long-distance highway travel. She is looking for something a bit more comfortable than her 2012 Chevy Volt with some updated features. With a budget of up to $45,000 what car should she buy? Read more…

Need a car parents offering to help pay for pay for part of it. Should I get a newer car and pay monthly payments or buy an older car outright Title. For information, I’m a 22M with about 20k in student loans. I have a minimum wage job as of now so buying a newer car and making monthly payments on it for the next 6 years doesn’t really make much sense to me. I am graduating next semester and will be entering the workforce, so I plan to get a higher paying job soon. My parents are going…

I Never Told My Parents The Truth About How I Wrecked My First Car Read more…

LPT Lock your car doors when you’re waiting for someone at a train station, airport, or outside a shopping mall. If you don’t, you run the risk of random people opening your door thinking you’re their Uber submitted by /u/kryptonitejam

LPT If you ever need to jump a car just remember “RED to DEAD; MAKE the LOOP” Anytime I needed to jump a car I always forget the right order to apply the jumper cables. In an age with smartphones and the internet, that’s not really a big deal, you can just google it. But if you’re ever in a situation where that’s not an option you just need to remember the following: “RED to DEAD; MAKE the LOOP.” RED to DEAD – Attach the…