#car

What Car Had The Worst Engine?

( jalopnik.com )

What Car Had The Worst Engine? One of my favorite things about the E39 540i is its engine. It’s not exactly powerful by today’s standards, but it’s still relatively quick and has plenty of torque for passing on the highways. It’s also run essentially problem-free for 25 years. The cooling system and window regulators may be consumables, but the… Read more…

Jalopnik 199 2023-09-16

Is this a good strategy for getting out of negativr equity on a car?

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Is this a good strategy for getting out of negativr equity on a car? Let me start off by acknowledging I’m a big fool for my current car situation. Context: Wife and I got into a bad car loan in February which wouldn’t have been too bad except for the fact we found ourselves needing to bump up our house search early due to my daughter’s health situation, and wanting to be closer to our support system. So we had …

Reddit Personal Finance 163 2023-09-13

Need advice on buying a car.

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Need advice on buying a car. I just got a job and my take home is 4k per month after taxes. I’m looking to buy/finance a car. Here’s my monthly breakdown for living costs Rent+utilities = $960 Food = 500 Travel(I currently Uber to work since I don’t own a car) = 500 Now here’s the catch. I currently don’t have credit history, so I can imagine that might make it hard to get…

Reddit Personal Finance 212 2023-09-11

When to put money towards car loan

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When to put money towards car loan Hi all, Just bought my first car with a 4 year, 3.9% loan. I got a sign on bonus from work and want to dedicate at least 5k towards the car payments. I was thinking of putting it in an Hysa and waiting until I’ve made enough payments that the bonus money is able to completely pay off my loan. That way I can make some extra interest since the mon…

Reddit Personal Finance 204 2023-09-10

Car Repossession in FL

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Car Repossession in FL Hello all, I’ve had an unfortunate situation happen. My boyfriend’s car got repossessed. We paid to become up-to-date so technically it is released to us, but we have to wait until Thursday to pay the separate tow yard fees. The issue is, his registration is currently in the car that is in the lot. Will this cause any issue in getting it back? I…

Reddit Personal Finance 184 2023-09-10

A month ago I had to buy a used car. Should I pay it off to save on interest?

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A month ago I had to buy a used car. Should I pay it off to save on interest? Hi all, Thanks for all the insight in this community. About a month ago I had to buy a used 2021 jeep grand Cherokee after my car was deemed totaled in an accident. I know, couldn’t have happened at any worse of a time. Regardless of the rate environment I had to buy. In order to keep my payments under $600 I put $8k down. Total payoff amount ri…

Reddit Personal Finance 200 2023-09-09

How dumb is it to buy a new car?

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How dumb is it to buy a new car? I’m 25 years old, work in healthcare, and make $110K annually. I have a net worth of $96K. ​ Breakdown: I have 15K in student debt, 13K in a stock/crypto, 40K in a retirement account (Roth +401K), 46K in a HYSA (which generates $200/month in interest), and about 9K in my checking account. And my current car is worth 3K. Recurring monthly expense…

Reddit Personal Finance 162 2023-09-09

DO NOT rent a car through Discovercars.com

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DO NOT rent a car through Discovercars.com Hi all, traveled to Sardinia last week and put down a $50 deposit with Discovercars. When we arrived at Cagliari airport the local car rental service (the supplier) told a huge angry line of customers that “their system is down” and “they don’t know when it will be up again – it could be an hour, it could be a full day”. The supplier was very ap…

Reddit Travel 192 2023-09-09

Car Financing Advice Needed

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Car Financing Advice Needed Hey everyone, I just financed my first vehicle and my dad is a cosigner. I think I got ripped off but I’m not sure and need advice. I was between a brand new 2023 Accord Hybrid in Urban Gray Pearl and a used 2022 Accord Hybrid in Black with about 20k miles on it. The price for the 2023 after all fees, pre-interest rate was $38,882.00. The 2022 …

Reddit Personal Finance 196 2023-09-07

Pregnant Woman Survives After Tornado Tosses Her Car

( jalopnik.com )

Pregnant Woman Survives After Tornado Tosses Her Car A young pregnant woman walked away mostly unscathed after a tornado lifted her car off the ground, flipped it in midair, and caused it to crash into another car traveling alongside her on the road. The 21-year old tells WCSC that she’s grateful to be alive after the accident, but goes on to say that her first thought… Read more…

Jalopnik 192 2023-09-07

What Car Would You Like To See Come Back From The Dead As An EV?

( jalopnik.com )

What Car Would You Like To See Come Back From The Dead As An EV? Every automaker seems all-in when it comes to electrics, no matter how badly they sell or pollute the environment in their own, special ways. Ford axed a bunch of gas models this week, Volkswagen Group and General Motors plan to cut off gas cars in 2035, and even Toyota is finally coming around to the all-electric… Read more…

Jalopnik 199 2023-09-06

Trade in vehicle for less expensive car or keep current

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Trade in vehicle for less expensive car or keep current Struggling to decide what is the better financial option right now – bought a Jeep SUV in 2021 for 48K, owe 16K on it at 1.74% interest rate for the next 36 months. I don’t drive often anymore, and I have the opportunity to trade it in for 36K and purchase a new sedan for 28K out the door, which would cost me roughly 8K after the rest of my trad…

Reddit Personal Finance 157 2023-09-06

No one wants to refinance my high mileage car and I have a lot left on the loan at a high APR….

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No one wants to refinance my high mileage car and I have a lot left on the loan at a high APR…. So I bought a 2020 Chevy Malibu last year in October because I really needed a car and I did not have any other options as far as getting one. At the time I didn’t have an established credit score, and the dealership offered it to me for 20,000 with a seven year loan at a 20% APR rate. I accepted it because this would be my only solution, and ev…

Reddit Personal Finance 114 2023-09-05

LPT request. What can I do to protect my car against flooding?

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LPT request. What can I do to protect my car against flooding? Currently I’m sitting in the likely path of Typhoon Saola and it’s parked in an underground car park. I’m not sure I can move it to higher ground and we are expecting a deluge with the typhoon. submitted by /u/Lienidus1

Life Pro Tips 180 2023-09-05

Here’s How The Thermostat In Your Old Car Works

( jalopnik.com )

Here’s How The Thermostat In Your Old Car Works The engine cooling system in my 1997 BMW 318ti is on the fritz. I have yet to diagnose it properly, but I know the problem is somewhere along the lines (literally) that carry coolant to the engine and help the 1.9-liter inline-4 cool off. That’s been important in these dog days of summer, which persist in Texas even… Read more…

Jalopnik 190 2023-09-05

Good idea to just use my mom’s car as my own?

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Good idea to just use my mom’s car as my own? I’m a new grad who just started a new job a few months ago. My job is remote so right now I’m living with my parents to save money. My mom also works from home and my dad travels a lot for work. We have two cars, a 2017 Honda Pilot and an Acura TLX. The Acura is my dad’s but because he travels a lot for his job he barely uses it. When I was a se…

Reddit Personal Finance 210 2023-09-04

Should I pay my car loan off early?

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Should I pay my car loan off early? My car loan has about $15500 left and matures in May 2027 at a 5.69 APR It was my first large purchase so I kind of got reamed on the interest rate and had to finance through the dealer in May 2021. My plan was to pay a year and then refinance to a lower interest rate. And here we are with interest rate minimums being higher than my current. On…

Reddit Personal Finance 218 2023-09-04

(USA) Car wrongly towed – best path forward?

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(USA) Car wrongly towed – best path forward? I live in a big corporate apartment building. I woke up today, car gone. It’s behind a gate so I assumed tow instead of theft. I called the tow number on the wall of the garage, and indeed they had the car. They said $370 cash only to release. They said I didn’t have a permit. I told them my building has a sticker for our lot and it’s on the das…

Reddit Personal Finance 226 2023-09-03