Archive for 'Cars'
How No Fault Auto Insurance Works
“No fault insurance” is a general term that is used to describe any auto insurance system that requires drivers to carry their own car insurance and that places limitations on their ability to sue other drivers for damages.
In an accident, under no fault laws, your auto insurance company [...]
Toyota Announces Major Car Recall
This week carmaker Toyota announced it will recall nearly four million cars because a floor mat issue common to many models. In several instances, a floor mat has come loose, causing the accelerator pedal to become stuck, leading to high speeds and deadly crashes. As a [...]
Full StoryIf You're a Student, Consider These Cars
Regardless of whether you are in high school or college, the decision to buy a car (even if you’re parents are buying it) is a big one with lots of financial implications. Of course you want something stylish to drive, but you have to consider costs and [...]
Full StoryIs It Better to Buy a Car or Lease It?
With super low monthly payments, leasing a car can be an enticing proposition. You could get into a nicer car at a lower monthly cost than buying, but is this a wise financial choice?
In general, the answer is no – buying a car is better than leasing it.
But there are a few cases where [...]
Is It Wise to Use a Car Broker?
If the thought of searching for cars and haggling with the dealer to get a good price gives you the shakes, then you’ll be pleased to know about a new trend in car buying: the car broker. While car brokers are fairly new to the scene, they can be a great service for the [...]
Full StoryForegoing College Car Will Save You Money
If you are heading off to college and need to save money (who doesn’t now days?) there is one tip that may be hard to swallow, but will save you a significant chunk of money: leave the car at home. Yes, this means you won’t be able to zip around campus, but it will [...]
Full Story$12 Million Ferrari Breaks Records
If you think Mercedes is expensive, wait until you get a look at this vintage Ferrari. Last week a world record was set for the most expensive car ever sold at auction. Sotheby’s sold a vintage 1957 Ferrari 250 Testa Rossa for $12.2 million.
Only 21 of these Ferraris, with the distinctive Scaglietti-designed pontoon [...]