In financial world, all objects are viewed weather they are assets or liabilities.
Types of Assets : Real estate, stocks, commodities(metals, grains etc), cash, bonds , mutual funds and so on
Types of liabilities : debt, insurance premiums, maintainance expenses and so on...
Where does your car goes? It goes into Assets and it is treated as depreciating asset (unless in it is one of those vintage cars).
So what does this mean? both assets and liabilities are either appreciating or depreciati…
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Added by Siva on October 29, 2008 at 11:29pm —
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Most financial problems are related to mismanagement of income and Incorrect financial decisions. Lot of people tend to buy cars with $300/m payments for 5 yr they but don't opt to buy a fully paid $10000.00.
Buying car with debt is not a good choice in most cases. Paying double digit interest is scary stuff while dealing with depreciating asset.
Listening to Dave Ramsey's podcasts, most of people go for cars that are too expensive relative to their income. It is often a good idea to drive a $…
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Added by Siva on October 1, 2008 at 9:46pm —
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Added by Siva on July 11, 2008 at 12:09am —
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Buying back your car at the end of the lease! Is it smart of dumb?
If you got into lease of a vehicle for whatever the reason may be, Is it smarter to buy back the car at the end of your lease period?
In most cases it is smart choice but lets see when it is smart to buy it back?
Most cars are priced at 50% or less of the original price at the end of the lease. A decently maintained car can last 12 years and 250K miles and may be more. Depending on the usage, you have used only 20% of car usag…
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Added by Siva on May 19, 2008 at 12:30pm —
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I was browsing Amazon for few things and I came across this
Zymol Royale Glaze. I was about to move to the next item before I saw the price tag, It is over 7000 USD to be exact $7583.00 and thats after a dsicount of $1916.00 from its original price. Hmmm, I would have never thought about a glaze with that price tag. According to the…
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Added by Siva on April 26, 2008 at 11:30am —
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New car is second biggest purchase beside home for many people. On average, People change a car every 5 years and there are lot of hassles buying a new car. Here are some tips on saving some money while buying a new car.
1.
Choose the season: December and January are very slow months for car dealers. Very few people walking into the showroom other than employees while business expenses are piling up everyday. Every one is busy with Christmas in November , December and paying bills in Ja…
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Added by Siva on April 24, 2008 at 8:00am —
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1.
Vehicle history Use VIN tracking services. This gives a good history of and previous mileage numbers and most services are often comes with a warranty for accuracy.
2.
Service Records Try to get all the previous service records. Focus on last 12 month service records. Look at the recommendations and see if they are fixed or not. Get an estimate about the costs to do those fixes. You really don't want to buy problems.
3.
Professional Vehicle inspection Most of small repa…
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Added by Siva on April 20, 2008 at 6:30pm —
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Chevy's Tahoe, two-mode Hybrid from GM's Chevrolet is good competition for hybrid version of Toyota's Highlander. According to GM, Fuel savings can be up to 25% means less CO2 emissions thus making environment friendly.
Prices and Stats for Tahoe:
Price : 2WD is $66,125 and 4WD is $69,125
Engine: 332 hp 6.0L Vortec V8 Engine with Active Fuel Management
Model: Two-mode hybrid electric propulsion system and regenerative transmission braking
4-speed automatic transmiss…
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Added by Siva on April 17, 2008 at 7:30am —
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There are several costs that on into owning a car and auto insurance has to be one of the most expensive, albeit necessary costs involved. Want to lower your auto insurance premium to a more affordable level? Check out these useful tips!
1. Don't Drive a New Car
Brand new cars can oftentimes carry higher premiums, possibly because replacement parts will almost always be new. A vehicle that is a few years older, on the other hand, can get its parts sourced from the local auto wrecker, red…
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Added by Siva on April 12, 2008 at 2:00pm —
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Charitable donations. All of us could probably afford to give a little more to charity and as it turns out, the process of donating a used car to charity is a very easy and straightforward process. If you have an older car, it might even work out in your favor financially to donate the car rather than try to sell it yourself, largely because of the benefits associated with a charitable donation.
Most charities that accept car donations are willing to take care of all the costs involved. For exa…
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Added by Siva on March 30, 2008 at 7:52pm —
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Buying a car is probably one of the biggest purchases that you will ever make in your life. At the same time, one of the biggest decisions that you will have to make is how you will go about paying for that automobile. In a nutshell, there are three primary options for you to consider: financing, leasing, or cash purchase. Which is the best for you?
FINANCING
Financing is one of the most popular ways to buy a car, because it lets you spread out the cost of the car over the course of sev…
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Added by Siva on March 25, 2008 at 7:30pm —
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Here are four top concept cars for 2008:
The concept cars tells next generation of the cars is hybrid. Go Green
4.
Toyota Hybrid X Concept
3.
Ford Airstream Concept
…
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Added by Siva on March 13, 2008 at 6:39pm —
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Welcome everyone to Car345.com - The cool car lovers club.
Thank you for joining. Upload a super cool looking car. Rate the picturess and comment them.
Exciting contest and much more coming soon. stay tuned.
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Added by Siva on February 29, 2008 at 1:30pm —
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