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Buying a Car Without Breaking the Bank (2007-04-23)

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Money Talk > Personal Finance

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marotta
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Buying a Car Without Breaking the Bank (2007-04-23)  Reply with quote  

Buying a Car Without Breaking the Bank (2007-04-23)

by David John Marotta

Purchasing a car is the second biggest spending decision we face as consumers next to buying a home. Unlike real estate or an investment portfolio which appreciates, cars are rapidly depreciating assets. In addition to the car's sticker price, operating expenses can drive the unsuspecting consumer into the poorhouse. And, if you choose to finance your car purchase, your losses will be compounded.


Read the complete column at http://www.emarotta.com/article.php?ID=228

David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
Post Mon Apr 23, 2007 12:00 am
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Case-Face
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car purchase  Reply with quote  

I agree that cars are expensive... if only I lived in a place where I didn't have to rely on one all the time!
Post Thu Jul 19, 2007 3:47 pm
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