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Being able to travel by car can help people earn more, spend less, and get better value in their housing. Cars, however, are relatively expensive to purchase and maintain. American households spend, on average, more than $8,000 dollars on car purchases and maintenance each year. Individuals can reduce this transportation expense by making wise purchase decisions.
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Whether to Buy
Consider whether alternative transport -- mass transit, cabs, rental cars, or a leased car -- makes sense.
What to Buy
In deciding whether to purchase a new or used car, make certain to estimate the difference in total costs.
How to Buy
To purchase a used car, check the Bluebook price to learn what used cars in a certain condition usually sell for and comparison shop.
How to Finance
Shop around for the least expensive loan.
How to Save for a Larger Down Payment
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