Cars
Car prices in the future will depend on auto manufacturers and their ability to get the chip shortage sorted out. But for now, the prices remain high. Auto loan rates are as high as they’ve been in 15 years, leading to $738 monthly payments for a new vehicle. More buyers financing vehicles have started to opt for installments surpassing the $1,000 mark every month.
Jan 30, 2023 - Jack Shaw
Sometimes, you can save money by paying for the car in cash. However, that’s not always the case. At the dealership, you may encounter an opportunity to get special savings through financing. Auto manufacturers incentivize dealerships to put customers on auto loans by giving them bonuses. Sometimes the dealership will provide special discounts to customers who finance the car. The people paying with cash will have to pay more.
Jan 20, 2023 - Martin Banks
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