#car

Car lease end options and understanding residual value

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Car lease end options and understanding residual value I have a car lease ending in a few months and I intend to open another lease. I have no interest in buying out my current car or buying a car generally. I’m trying to figure out my options given: The market value of the car is higher than the residual value (let’s call this “gain”, even though it’s technically isn’t) I’ve moved to another state …

Reddit Personal Finance 184 2023-08-18

Brother doesn’t plan on paying car loan anymore. What can I do?

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Brother doesn’t plan on paying car loan anymore. What can I do? I co-signed a car loan for my brother without knowing much about being a co-signer. A few months ago I found out my brother wasn’t making his car payments for 4 months. He basically lied about having a job and making payments. I found out that he had been lying about paying from seeing my credit go down 300 points and the calls I was receiving f…

Reddit Personal Finance 155 2023-08-18

I Want A Mid-Life Crisis Car With A V8! What Should I Buy?

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I Want A Mid-Life Crisis Car With A V8! What Should I Buy? Mike is looking for a mid-life crisis car, but not just any ride he wants something with a nice V8 under the hood. Even though he can turn a wrench, he doesn’t want a constant project. With a budget up to $60,000, what car should he buy? Read more…

Jalopnik 253 2023-08-18

The Little Car Company’s Awesome Bentley Blower Is Its First Road Legal Car

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The Little Car Company’s Awesome Bentley Blower Is Its First Road Legal Car The Little Car Company is a small outfit in the UK that builds faithful reinterpretations of some of the world’s most famous cars. In the past, it has assembled small versions of the Ferrari 250 Testa Rossa and even offers a mini version of James Bond’s Aston Martin DB5. But for its latest creation, the company has… Read more…

Jalopnik 177 2023-08-18

What’s The Weirdest Car Ad You’ve Ever Seen?

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What’s The Weirdest Car Ad You’ve Ever Seen? Car advertising is a big business (just look at the ads on our site for proof). Every year, automakers spend millions upon millions of dollars making their ads just right – making sure viewers feel some sort of connection to the car when they’re looking at it. These ads can highlight a car’s luxuriousness, its… Read more…

Jalopnik 161 2023-08-17

Should I keep my full coverage insurance now that I’ve paid off my car?

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Should I keep my full coverage insurance now that I’ve paid off my car? Should I keep my full coverage? I just paid off my car today, and it got me thinking about my current insurance coverage. I’m not sure if it makes sense to keep full coverage now that I own my car outright, and figured it was worth revisiting with the extra cash I will now how monthly. Car: * Car: 2011 Buick * Trade-in value: ~ $4,225 (KBB) In…

Reddit Personal Finance 246 2023-08-17

Is there a reason not to decline rental car insurance and use the Chase/AmEx rental benefit?

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Is there a reason not to decline rental car insurance and use the Chase/AmEx rental benefit? I’m just getting familiar with the AmEx and Chase benefits and it looks like if you waive the car rental company’s insurance plan then you are automatically covered by the card you pay with? I’m definitely getting lost in the small print and would welcome any assistance in how to think about this. Also welcome any insight into philosophy around …

Reddit Personal Finance 197 2023-08-17

New grad, broke, looking at $1,800 car repair. Trade in and get new (used) car, or make the repair payment?

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New grad, broke, looking at $1,800 car repair. Trade in and get new (used) car, or make the repair payment? Summary I graduated with very little student debt, in a promising major, but starting my job has been postponed. I have some credit card debt from paying for necessities during the time I’ve been waiting for my job to start. However, my first and only car that was only supposed to last me through starting college is looking at an $1,800 necessar…

Reddit Personal Finance 253 2023-08-17

Buying used vs new car still the same as a yr ago?

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Buying used vs new car still the same as a yr ago? Is the buying new vs used cars debate still the same as a year ago when used cars were virtually as high (or even higher!) than their new car counterpart? It seems it’s leveled out a bit at least. A more specific question is, in your opinions, what is a “fair discount” to expect and look for in a used car to warrant buying used vs new nowadays? …

Reddit Personal Finance 216 2023-08-17

Does your car getting towed affect your insurance?

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Does your car getting towed affect your insurance? Context: I live in Washington State, and the towing company that my apartment complex contracts with towed my car last Friday because they were repainting the parking lot, and my car was in the way (I got an email from them about a week earlier but totally forgot about it). Anyway, when I picked up my car at the tow yard, the guy asked me for i…

Reddit Personal Finance 165 2023-08-17

If You’re Going To Try To Flip A Car, Maybe Don’t Try A Chrysler

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If You’re Going To Try To Flip A Car, Maybe Don’t Try A Chrysler Flippers were a scourge of the auto market during the thick of the pandemic. Many were people with more money than a care in the world buying up in-demand models and then flipping them for profit to buyers who had more money than sense. Fortunately for the rest of us, the market has cooled off in large part, enough so… Read more…

Jalopnik 296 2023-08-16

These Are Your Biggest Disappointments In Car History

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These Are Your Biggest Disappointments In Car History Earlier this week, I asked readers what was the biggest disappointment in car history. The comments were flooded with a deluge of dreams never fulfilled or cut too short. There were several General Motors models that were discounted far too soon. There were several highly anticipated cars that didn’t live up to… Read more…

Jalopnik 272 2023-08-16

My car was hit while parked by an allegedly “uninsured” driver. Turns out he is insured after all.

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My car was hit while parked by an allegedly “uninsured” driver. Turns out he is insured after all. I am with Geico and the claim process has already started with them which has been a nightmare. I do not have rental with them so I’ve been stuck carless for two weeks now. Body shop has been sitting on their hands. When I tried to take it to another shop, they threatened me with storage and admin fees. My car will end up being fixed hopefully …

Reddit Personal Finance 247 2023-08-16

Car dealership charged me wrong amount

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Car dealership charged me wrong amount Hi there! I recently had work done on my car, the dealership processed everything as though I had an extended warranty even though I told them I did not. They billed me for $178 bucks which I paid in full and picked up my car. Fast forward, I’m recovering from surgery and they are blowing up my phone harassing me saying I now owe them 1400 more …

Reddit Personal Finance 239 2023-08-16

Florida Car Insurance Prices Skyrocket Ahead Of Hurricane Season

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Florida Car Insurance Prices Skyrocket Ahead Of Hurricane Season Insurance companies are increasing auto rates in Florida as residents prepare to hunker down this hurricane season. Some major insurers, such as Farmers, are leaving the Sunshine State outright, while others are increasing car insurance premiums by 30 percent or more, according to the Tampa Bay Times. Read more…

Jalopnik 193 2023-08-16

Texas Woman Sold Over 1,000 Dealer Tags Without Selling A Single Car

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Texas Woman Sold Over 1,000 Dealer Tags Without Selling A Single Car The proliferation of temporary paper plates is a big problem in Texas. A 38-year old woman from the Greater Houston area was arrested for issuing more than 1,000 dealer tags from a so-called dealership without ever having sold a single car. Police claim that criminals are using these tags to mask the identity of… Read more…

Jalopnik 153 2023-08-16

China Is About To Be The World’s Largest Car Exporter

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China Is About To Be The World’s Largest Car Exporter China is reportedly on track to overtake Japan as the world’s biggest auto exporter by the end of the year, according to Moody’s Analytics. CNBC reports that China is closing the gap with Japan, and the shortfall was only about 70,000 vehicles per month during the quarter that ended in June. That’s almost a… Read more…

Jalopnik 160 2023-08-16