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Tag Archives: new car

My Car is All Worn Out. What Should I Do?

The Chevy Spark I drove recently.

Question: Dear Steve, I need two new cars(used cars) but I don’t know if I should fix these old cars or trade them in and buy 2 used ones. My 2007 Kia Optima has 165K miles on it and wont pass inspection-needs catalytic converter and new tires (maybe $1500?). My ex-wife has Kia Sedona with 100K miles and needs new ... Read More »

    Kurt is Upside Down In His Mitsubishi Endeavor Car Loan And Wants Out

    2006 Mitsubishi Endeavor

    Kurt “Dear Steve, I have a 2006 Mitsubishi Endeavor that i just purchased in June of 2008, I want a truck so I have the box to carry bikes, sleds, and home material like lumber, etc. It suits my work life much better than a SUV. I owe lots of money as I traded in a truck for a Mitsubishi ... Read More »

      Lower Your Car Payment. Skip It, Lower Your Interest Rate and Get Cash Back

      thumb up

      Here is a little financial tip that I’ve used in the past but I keep forgetting about. Refinancing an existing auto loan to lower interest rates and monthly payments. I just got an email that a client was instantly approved for an auto loan refi and that’s good news. You see when this particular person bought their car their credit ... Read More »

        I’m a College Student With a Big Car Payment – Rachel

        Ready to Collapse

        “Dear Steve, I bought a Kia Spectra in 2006 and financed through Wells Farge with a 10% rate, due to my credit not being wonderful. I was just a sophmore in college and needed a car so I had no choice. I tried to find the cheapest new car so I would have a reliable form of transportation. My monthly ... Read More »

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