How should I calculate how much I should spend on a car when I get mileage reimbursement for work? I have been driving shitboxes all my life and want to treat myself to something better. I know the rule of them to comfortably afford a car is 10% of your income. Now I feel that this is more for a regular person, one who eats the cost of the vehicle entirely as they use it as a commuter car. With the amount of miles I drive I get about $1,800 …

Pay off car now or wait a year Payoff amount for vehicle is 4500 with an interest rate of 4.6%. I have about 2500 in savings. The Question I have is should I wait until my savings builds up to pay off vehicle? I’m thinking I could pay it off by August with bonuses or should I use a CC with a 0% introductory rate for 16 months to pay it off now and just use the money I’ve been…

Where are the best car loans right now? I have over an 800 credit score and I’m getting 9.89% thrown at me from Navy Fed. Looking to shop around. submitted by /u/ShiaLaBoofR76

12,000 upside down car I had a very bad financial crisis during 2023/24 and had to downsize my vehicle due to monthly payments being more than I could afford. I ended up getting a 2011 Hyundai Elantra financed for $17k (yeah I know I fucked up) because it was literally the only thing I could find that I could afford the monthly payments for at the time. I filed bankru…

Is Tesla still a car company? On an earnings call last night, Tesla CEO Elon Musk spent a lot of time talking up his company’s plans to “go ballistic” on artificial intelligence, and very little time on Tesla’s core business, which is making and selling electric cars. There was so little attention paid to Tesla’s automotive business, that even a bunch

How to maximize my dad helping me with car expenses? He’s willing to give me $2000 to either repair my current car or finance another car. His requirements for financing: Take the car to a mechanic for inspection prior to buying. I’ve yet to find a mechanic so can I take it to anyone? It needs to be CPO or brand new if I don’t get the car inspected. He is willing to help me with my current car…

Would you pay off car note knowing there’s a large expense coming soon? I have $13k left on a 3.25% car note. Going to clear around 10k after taxes from RSUs in a few weeks. My head says dont dont do it since i have a low rate but im gearing up for a $400/month payment for preschool come September. Can i afford both, yes but ive always had an issue with paying down a depreciating asset. More context … Cash flow wi…

Can I pay my car loan twice in one month I have already paid for this month (January) on the 21st, but just got my tax returns and wanted to also cover next month (February) today January 29th. If I make a payment now will it just add it as an extra payment or will it count it as Februarys payment. I don’t wanna pay extra I just want to cover next month. submitted by /u/ThrowRA…

Sell or keep my car loan I am halfway through my 72 month car loan and want an opinion on if I should sell the car or bite the bullet and continue paying. I know it’s a crazy interest rate and I tried refinancing but most banks don’t refinance vehicles this old. I currently owe 24k left and I have an offer from a dealership for 23k. 1k and I would be done with the loan …

Help with car loan ? Here’s a situation I’m dealing with where I can’t figure out how to get out of. During Covid I bought I car that I really liked but it was overpriced due to the state of the world wanting used cars at the time. I still owe about 20k on it which I agreed to but the thing is now there seem to be issues with it- electrical and mechanical. I took it…

I have cash for a car. Dealer is offering $500 off if I get loan. If I’m going to pay it off immediately with no prepayment penalty, is it worth it for $500 discount? In other words, if I get a $50k loan and pay it off as soon as my loan account is set up, am I paying anything other than $50k? submitted by /u/CarminSanDiego

30-Count Armor All Car Interior Cleaner & Protectant Wipes $2.95 Amazon has *30-Count Armor All Car Interior Cleaner & Protectant Wipes* for $3.97 – $1 when you ‘clip’ the coupon on product page = *$2.97*. *Shipping is free* with Prime or on $35+…

Leasing car, write off, depreciation and etc. What are your personal Experiences. I purchased a Range Rover 2021 for 113k. 60k miles on it now did a service that cost 4k plus lower tier services I don’t remember how much. If I started a 24 lease, montlhy payments will be let’s say 2500. How much for business? 40 miles Monday to Friday. 10 personal for grocery. Saturday Sunday let’s say 30 m…

Buy This Honda Civic Type R Race Car And Live Out All Your Racer Dreams The current Honda Civic Type R is absolutely outstanding, but for drivers in the U.S. who hadn’t previously had the privilege of driving prior Civic Type Rs, its predecessor was a revelation. It drove better than any front-wheel-drive car had any right to, all while offering the daily practicality of a hatchback. But… Read more…

Hamilton Crashes Ferrari F1 Car During First Test With Team The pairing of F1’s most popular driver and its most popular team has proven to be a marketer’s wet dream. However, as the focus shifts to the track, things aren’t going as smoothly for the seven-time F1 champion. Hamilton crashed a 2023 Ferrari F1 car during a private testing crash on Wednesday, his first test… Read more…

If You Could Teleport Yourself And Your Car Anywhere For A Day, Where Would You Go? You are sat in the depths of winter doldrums, a mystical state of being where everything seems to be slower and more depressing. As you sit in your leather easy chair watching another awful YouTube video about cars you can’t afford, waiting for the weather to warm, an all-knowing and all-powerful being appears in… Read more…

Totaled My Car & Feel Lost I totaled my car two days ago and I don’t know what to do. I was deemed at fault and I only have liability insurance. I only got a minor concussion from the airbag and the other person involved wasn’t hurt which I’m thankful for. I had to pay $300 to get it towed and it’s waiting in the junkyard right now until I can find the title to give them….

LPT: Add lic plate # as car name to the app Many car makers have their apps on AppStore’s which allow you to name your car. Add license plate number as a part of car name to the app. That way you don’t have to remember it and it will help in case of emergency or registration renewal. submitted by /u/No_Ant_1017

im 18 trying to buy my first car I turned 18 in june and just finally received my first credit card. I work as a medical receptionist and i make a little over 32,200 a year. My plan is to save for about 5-6 months (worst case scenario 3k best case scenario 5k) and then apply for a car loan through my bank. I uber to work mostly and thats what i plan to use my credit card for so…

Is an International Drivers Permit needed to rent a car in New York when I have a UK licence? I am renting a car in the US in April, I have a British drivers licence written in English. The car rental Ts and Cs say an IDP is needed. The car rental website says an IDP is only needed if your licence isn’t in English. The New York DMV says an IDP is only needed if your licence isn’t in English. Does anyone have any experience? I don’t want…