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If your car isn’t driveable, Ramsey recommends buying a cheap, used car. Sure, it won’t be your dream vehicle, but it helps you avoid going deeper into debt. ... Dave Ramsey: Why You Shouldn ...
That’s why a new car — as opposed to a used car — just doesn’t add up. According to Consumer Reports, a car tends to lose about 45% of its value over the first four years of ownership.
In 2021, used car prices blasted upward by a terrifying 36%, according to data from Black Book. Check Out: 9 Cars To Stay Away From In Retirement Read Next: 4 Affordable Car Brands You Won't Regret...
Including the Bricklin on its list of "The 20 Dumbest Cars of All Time", Autoblog wrote, "Memo to the world: When an automobile executive starts a new car company and proposes to name the car after himself, run like a stag in the opposite direction, lock your check book and credit cards in a safe and ask your best friend to keep the combination ...
This article originally appeared on GOBankingRates.com: 5 Reasons You Shouldn’t Buy a Car When You’re Living on Social Security. Show comments. Advertisement. Advertisement.
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Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
There are a number of reasons why car shoppers would be tempted to buy a rental car-- as CarGurus noted, former rental cars usually happen to be newer models, have received regular maintenance and...