car buying tips

When car buyers take possession of a vehicle before their financing arrangements are complete, they're risking a big money mess if the loan falls through. And some less scrupulous dealers will take advantage. Here's what you need to know to avoid the yo-yo financing trap.

Anyone who has purchased a new car knows that the actual purchase process is tedious, painful and tipped in the favor of the dealer. Even if you try to get a step up by asking dealers for prices via e-mail, phone and fax, you still end up spending far too much time and getting offers that, thanks...

Would you buy a house because one-fourth of it suited you needs? Then why buy a car solely for its gas efficiency? According to Consumer Reports (subscription required), fuel only accounts for 26% of your overall vehicle cost. Depreciation claims a huge 46%, interest on your loan 12%, insurance...