“Wow, our stuff must be really heavy! This car has never had a problem getting up a hill before.” Something felt off as we drove across town. The car was sluggish. I’d step on the gas, or try going up a hill, and it barely […]
Tag: cars
How FutureRich people buy cars
I’ve been ranting about cars this week. Wednesday I talked about how much a car payment actually costs you over your life. Hint: it’s millions of dollars. Yesterday I pointed out how cars lose much of their value in the first two years. Today I […]
Should I buy a brand new car?
Yesterday I showed how an average new car, bought on payments, costs you between $100,000 and $200,000 over your life. You should always pay cash, rather than going into debt. But if you have the cash, should you buy brand new? Buying brand-new cars is […]