Auto Loan Terms: Why 84-Month Financing Is Usually a Mistake
Stretching a car loan to seven years saves on monthly payments but buries most buyers in negative equity within two years.
An automotive resource for people who take cars seriously—whether it’s a sports car, a pickup truck, or a family SUV. The site doesn’t simply regurgitate manufacturers’ press releases: every test drive is an honest assessment with specific pros and cons. Featured sections: choosing a used car, DIY maintenance, and comparisons of electric and gasoline alternatives. The focus is on real-world driving conditions, not the racetrack.
Stretching a car loan to seven years saves on monthly payments but buries most buyers in negative equity within two years.
A 3 percent interest rate difference on a car loan costs you $2,000+ over the loan term. Credit unions typically offer the best rates. Here is how to actually use them.
A dealer will offer $4,000 less for your trade-in than you can get privately. Sometimes that is worth it. Often it is not. Here is the exact math.
Selling a car privately takes more work than a trade-in but nets 15-25% more money. Here is the complete process from photo prep to receiving payment.
Extended warranties on most cars are pure profit for the dealer. On certain vehicles they save you thousands. Here is how to tell which situation you are in.
Everyone has an opinion on leasing versus buying. Most of them are wrong because they start with ideology instead of numbers. Here is the actual math for six real scenarios.
Before you spend $250 on a pre-purchase inspection, run this 30-minute check yourself. Half the cars I look at fail before I ever call a shop.
Most bad used-car purchases share the same five mistakes. Skip those and you can buy confidently even from strangers on Facebook Marketplace.