Should i finance a used car in my circumstances? I’m 21 and have limited credit history. When I was 19, I bought a car for $3.5k, and spent an additional $5-6k in repairs. Broke down after a month and haven’t bought a car since. Now, I rely on daily Ubers to commute, which costs me about $15/day. I work full-time in retail, making $2.5-3k a month, and still live with my parents. This situation…

Got a car from my mom Do I put zero dollars or $1 on the line on the title that asks how much I got it for? What are the tax implications of each? Car was from Florida but I live in Kansas. submitted by /u/BubblyZombie2203

Help me decide on a financially responsible car I’m looking at 2 vehicles and am trying to decide which to buy. Ultimately I am looking for something that is reliable, good on gas, and won’t case me issues. Car 1 is a 2009 Honda Civic Hybrid. It has a broken glove box, along with some minor cosmetic dings. It has 167K miles, and costs $2500. Car 2 is a 2004 Lexus ES330. It appears to be in …

LPT Learn Basic Car Maintenance to Save Time and Money Educate yourself on basic car maintenance tasks like changing a tire, checking oil levels, and replacing air filters. This knowledge can save you time, money, and hassle during unexpected car troubles. submitted by /u/Curious-Employ6019

Is it dumb to finance a car? Pretty general question, but I’m also someone who hates operating with debt. Sort of at a point where I think my want for a new car is becoming a need. I planned on saving up a lot in the next 6 months for a big down payment, but now wondering if I should just pull the trigger and finance a big portion. Normally I’d use my emergency fund, but th…

Uber or Rent a car in Puerto Rico? I am planning on taking a week trip to PR in August and will be doing most activities near El Yunque, Fajado, Luquillo, and San Juan of course. Would it be easier and/or more cost affective to rely on ubers or renting a car? Edit: If renting a car, where do you recommend to rent from? submitted by /u/duckywithalily

Should I pay off $11K car loan @ 3% interest? TLDR: Should I pay off $11K car loan to free up additional cash towards house down payment? I am considering paying off the remainder of my car loan of $11.4K @ 3% interest. My monthly payment is $460. This was a $33k loan with $0 down for 72 months. There are about 26 months remaining. I am currently saving $1800/month in a HYSA (5.1%) to put…

Rivian’s Latest Vehicles Support Apple Car Keys for Unlocking With Wallet App Rivian today announced second-generation versions of the R1S SUV and R1T pickup, and the reengineered models include support for the Car Keys feature that’s available on iPhones and Apple Watches. Car Keys allows an iPhone or Apple Watch with NFC capabilities to unlock a vehicle through the Wallet app. A digital version of a car key is stored in…

Offer from one of my CC’s to refinance car loan (Located in the USA) Just bought a car this past February through Carvana (which uses Bridgecrest for financing) and my interest rate is 8.68. I started getting promo emails this week from one of my credit cards (capital one if it matters) to refi the loan at 6.99. My credit is good/very good (transunion and FICO are a little different from each…

Monthly payments or outright buy a car I have about $200K saved up from a few deployments i’ve done in the army. I plan on getting a car for myself with the initial intention of buying it outright. However, my credit hasn’t been built up as much to get a good solid credit score. Is it a good idea to consider paying the car off in monthly payments to get a solid credit score or just s…

What’s The Best Example Of Parts Sharing On A Car? Building cars is an expensive business, and so is designing the parts that go onto them. That’s why – every once in a while – you’ll see two very different cars sharing the same singular part. I love spotting this sort of stuff, and it’s what has led me to today’s question. Read more…

Leader Of Attempted Coup In The Congo Was Once A Used Car Salesman In Utah Car dealers are known for their shady sales tactics, embezzling skills and occasional kidnappings, but heading up a coup in an African nation? Apparently that was the career path of one Christian Malanga, a former used car salesman out of Utah who was recently killed trying to lead a coup against the Congolese… Read more…

Should I pay off my car? Or invest my savings? Details: Car loan balance $13k at 2.85% Mortgage $91k at 3.25% Savings $43k (Diversified in very low risk investments) I want to have the peace of mind of not having a car loan anymore, but I am unsure if I should pay it off when interest is so low. If I pay off the car, I would have an additional 385 of savings each month. I have also been want…

What to do with total loss vehicle, buy a new car? I have a 2019 RAV4 XLE, 78000 miles, that was obliterated by hail last week. Insurance is deeming it a total loss, blue book was ~20k before the damage. Everything is in great shape mechanically, it’s just beat to hell on the outside. All maintenance has remained up to date via dealership. Question for you guys, should I sell it to insurance (h…

No, you do not have to do anything extra to pay principal on your car loan Generally, all you have to do is pay extra and the overpayment will get applied to principal. I see this misconception all the time that if you don’t jump through hoops and write/call/send a smoke signal to make a ‘principal only’ payment, that your payment will just get applied to future payments and not save you money on interest. I’ve never s…

What’s The Best Car From An Obscure Brand? There are hundreds of automakers around the world throughout history that have made some truly great cars, though haven’t ascended to the station of household name. At the point it made the all-conquering F1 supercar speed machine, McLaren was arguably an obscure brand, though it has since become a much more known… Read more…

How much to charge a car dealership for photos per car? I’ve been taking pictures for a little over a year now and I reached out to a local dealer a little while ago about taking photos for them. They seemed interested so I’m going to go in and talk to them sometime this week. I was originally thinking somewhere around $25 per car, but now I’m thinking that’s not enough. I have a Canon T7 and have pr…

New(used car) vs driving current till it’s done I’m always a fan of no car payment is a good car payment, but after a slew of repairs my 02 tundra is becoming costly. The amount of gas, and repair bills have cost me around 500 a month since ownership two years ago. Also it is only worth 500, or 950 at a we junk cars place. So I feel like I’m also exceeding the value each repair. I do have it …

Bank doubled car payment because of insurance lapse My husband bought a car about a year ago and the payment was 277$ a month we were informed this months that due to a lapse in insurance they would be raising our payment to 450$ a month for the next 12 months. The lapse in question was almost a year ago and their reasoning is that they had to take out an insurance policy for us for that time. Bu…

LPT: When renting a car…. Having just rented a car and returned it with a full tank, only to be charged for a tank of gas (I am disputing this right now), allow me to share some tips that I should have followed: 1) take a video of the outside and inside car before driving off the lot. Make note of any existing scratches, damages, or other issues so that later you cannot …