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Car finance

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

by Adesola Mojo
The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its way back down to reasonable levels — levels that would …

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Categories Automobile

There Aren’t Any New Cars Left Under $20,000

by Adesola Mojo
There Aren’t Any New Cars Left Under ,000

Photo: Hyundai Sometimes you don’t know what you’ll miss until it’s gone. It first occurred to me in 2020 that we were witnessing the disappearance of inexpensive cars, and back …

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Categories Automobile

TikToker Got Rid Of Her Chevy Tahoe After Paying Over $50,000 In Interest

by Adesola Mojo
TikToker Got Rid Of Her Chevy Tahoe After Paying Over ,000 In Interest

Auto loan debt is at an all time high. While some of the blame for that can be put on things like stubbornly high interest rates and ever increasing car …

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Categories Automobile

Crypto Bro Who Bought A $51,000 Tesla And Makes $50,000 A Year Probably Should Have Listened To Dave Ramsey

by Adesola Mojo
Crypto Bro Who Bought A ,000 Tesla And Makes ,000 A Year Probably Should Have Listened To Dave Ramsey

Generally speaking, Dave Ramsey and his cohorts have a history of giving some terrible and frankly unhelpful advice when it comes to buying a car. However, in this case of …

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Categories Automobile

This Kia EV9 Finance Deal Is The Worst I’ve Ever Seen

by Adesola Mojo
This Kia EV9 Finance Deal Is The Worst I’ve Ever Seen

Image: Kia A sucker walks into a new car dealership every minute. Dealership showroom floors are practically delivery rooms for freshly-born suckers. There are shiny new cars on the floor, …

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Categories Automobile

Car Buyers Are Taking Out 17%

by Adesola Mojo
Car Buyers Are Taking Out 17%

It’s expensive to be poor, especially if you’re a victim of America’s capricious, inscrutable credit rating system. But, in most places, you still need a car and that has forced …

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Categories Automobile

Remember to Include These Crazy Interest Rates in Your Car Budget

by Adesola Mojo
Remember to Include These Crazy Interest Rates in Your Car Budget

There are some really good signs that the car market is finally shifting back to favor the buyers. Dealers are sitting on a lot of inventory, and deals are especially …

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Categories Automobile

Increasing Number of U.S. Buyers Face Difficulty in Obtaining Car Loans

by Adesola Mojo
Increasing Number of U.S. Buyers Face Difficulty in Obtaining Car Loans

After all the supply chain constraints of the last few years, supply of new and used cars is finally stabilizing at dealers. Prices are also reportedly leveling off, but, now, …

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Categories Automobile

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