When it comes to vehicle financing, no one wants to end up with an upside down loan, the dreaded situation where you owe more on your car loan than the vehicle is worth. Savvy consumers will do their research and look for vehicles that best retain their value.
Generally, depreciation is based on market demand for a vehicle. Ferrari, for instance, is known for carefully selecting its buyers and then producing a limited number of its models to keep demand in the marketplace high. Popular extras will often help boost a car’s resale value while positive press (such as good safety ratings) and endorsements can also have an impact.
[...] Continue Reading




I'm MLR. After graduating from college debt free, I decided to write a blog encouraging people to adapt responsible and sensible personal finance rules.






