Here is another article for buy car with cash vs. buy car with auto loan. Previously, we have discussed which one is better in many kind of scenario. Here is one where we compare if you buy a car with cash and buy a car with auto loan and use the cash to pay off the auto loan. This scenario is unlike all previous cases, where you keep the money in the same place but you have to pay the monthly car payment from other source of income. (more…)
Tag: cash
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Cash for junk cars
Do you know that you can get cash for junk cars? Having one or two junk cars in your garage is not something bad as you can anytime trade in these cars with cash as long as you know where to get rid of these junks. In America, there is quite a number of junk cars collector across 50 states where you can sell your car to them and get cash in return, “Cash for clunkers” is one of the most famous program. In general, junk cars are usually cars under 1000 dollarsor under 500 dollars depends on the condition whether it is running or totally just a scrap metal. Picture above shows a Bentley 4½ Litre that used to be the world fastest car back in 1926. (see also fastest production car) (more…)