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Ask someone how much it costs them each month to drive their car and they will likely quote their monthly loan payment. Most of us forget other expenses incurred such as maintenance, fuel and one of the biggest expenses, car insurance. Saving money on car insurance is a relatively quick way to lower the cost [...]Post by Frugal Dad
Jane has a question that all of us have asked one time or another. How much car should we buy? Below is a brief introduction to her situation, and she needs your help!My car [is] a Hyundai Elantra. I have had it for 11 years in August. I would like to buy a new car [...]
Buying a new car is a big deal, especially when it is your first. In 2002, when I was 17, my parents bought me a beat up black 1999 Grand Prix that I absolutely loved. I put that puppy through a lot and it was passed down to both my younger brothers before making its [...]
This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the advisor for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks.Over the holidays, we said good-bye to an old family member. It was definitely her time to go. She leaked, she conked out at odd times, and she stank. Of course, I’
This has nothing to do with personal finance, but the Toyota recall is too scary and knowing how to save your life in the rare case that your gas pedal is stuck is too important to just ignore.If you ever get into a situation where your gas pedal is stuck, you need to know what [...]
Whether planning a vacation, a business trip or a getaway to see family, traveling is a very expensive, yet important part of life. In this article, I’ll share some ideas to help you find ways to save money when booking a flight, hotel, and rental car to make your experience less stressful and lighter on [...]
Want to take a tax deduction for your new car? If you bought a new vehicle last year, you can take advantage of the following tax savings on your 2009 taxes: deducting the amount of state and local sales and excise tax paid. You can also take further tax deductions if you donated your old car.Deduct State and Local Sales and Excise Tax PaidEven if you do not itemize your taxes, you can take advan
While the Cash for Clunkers program helped many people in the market for buying a car optimize their savings, many people were unable to take advantage of this program (like myself!) because their ‘clunker’ or used car had too good of gas mileage to be counted. Another downfall was the fact that it significantly dropped the number of available used cars for purchase in the US, since vehicles trad

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