New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...

It’s one of the most frustrating moments in car ownership: you’re handed a repair bill that’s bigger than what your car is technically worth. Say your vehicle’s worth $5,000, and it needs $6,000 in ...

Classic car ownership generally represents a solid means of capital investment, provided you have the funds to keep your vehicle well-maintained. But if you're trying to get ahead of the curve and are ...

GREENSBORO, N.C. — The average price of a new car is right around that $48,000 mark. Of course, you know that new car is only that price for a minute. As soon as you drive your car off the lot, it ...

There are times when it makes sense to retire your old car and buy a new one -- sometimes for financial reasons and sometimes ...

When it comes to the consideration of whether to buy a new car or fix your current ride, for most of us, it comes down to dollars and cents.

I wish we all had a military-sized budget for car shopping and no obligation to recoup money by selling our old cars, but that's not the case. If you want to get the most out of your current car and ...

I am retired and not wealthy. I am a senior citizen who has experienced mass layoffs, recessions and health issues, and there was no such thing as inheritance in my family. I have to be careful about ...

Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. Refinancing ...

Question: My car is 10 years old. Should I drop down to minimum coverage on my car insurance? Answer: The 10-year mark is a good time to reevaluate your car insurance needs, but there's more to making ...