All cars depreciate as wear and tear, market demand, subsequent redesigns and economic forecasts reduce the value of a particular vehicle over time. In fact, the simple act of driving off the dealer’s ...

If you're car shopping, you may have heard the adage that new cars lose 10% of their value as soon as you drive them off the dealer lot. A new report from CNBC and the automotive research firm Black ...

Owning a car is getting more expensive. It's not just the purchase price for new vehicles, which has jumped about 25% since early 2020, according to Kelley Blue Book. A September report from AAA found ...

Finally, some good news for car shoppers: new vehicle costs dropped this year, according to AAA. The annual cost to own and operate a new vehicle fell to $11,577, or $964.78 per month, a $719 decline ...

When it comes to personal finance advice, Dave Ramsey speaks directly and to the point. He's all about building wealth the right way – and according to him, buying a new car is not part of the plan.

Warren Buffett, billionaire CEO of Berkshire Hathaway, is one of the most quotable investors in the world. Famously frugal, Buffett sprinkles his financial advice with a folksy wisdom that’s direct, ...

If you're buying a used car, Bank of America, Chase, First Tech FCU, and PNC Bank finance used vehicles, but have mileage and age restrictions for certain vehicles.