MyMoneyBlog has once again brought great things to my attention. I just spent a long time reading two articles from car salesmen - one reformed and one undercover for Edmunds. The Edmunds article was especially enlightening about the training of car salesmen, what to expect and what’s really going on behind the scenes.
These are must reads.
I don’t [...]
When I got my mortgage, I knew I wanted to make extra principal payments because 30 years of payments scared me. Considering I wasn’t even 30 years old, 30 years of payments was an insane commitment and I wanted out of it as soon as possible, while still keeping the house, of course.
I had heard [...]
Badge engineering saves auto makers money by having them not reinvent the wheel, so to speak. They come up with a good vehicle and share it among their divisions who then sell the vehicle under the different name. The divisions make their own customizations to styling and options but it is basically the same vehicle. It saves the auto makers tons of money.
I get asked about this a lot so I thought someone here might be interested in how I paid for my car with a credit card.
Last year when I bought my car, manufacturers were doing lots of low-interest financing options. For my future car, however, Ford was offering no free lunch. I could get a low-interest [...]
This seems to be what’s on everyone’s mind. With interest rates up, the housing market is coming in for a soft landing in most areas. Generally, most people seem to think that the super hot markets are in for the softest landings and that some of the areas that didn’t see such a great boom [...]