Comments on Single Guy Money: How To Get Out of An Upside Down Car Loan

I couldn't agree more about not buying new and pay...

2010-04-30T10:07:31.509-04:00

I couldn't agree more about not buying new and paying cash for your car. Not only do you save money on the insurance, you do not have to worry about the huge depreciation after driving off the lot. We bought our last cars from private owners and we couldn't have been happier. It leads to a little more effort because you have to get the car looked at beforehand so you know what you're getting but it's worth it.

Haha.. perfect advice See, it DOES pay to get you...

2009-10-18T18:30:08.068-04:00

Haha.. perfect advice

See, it DOES pay to get your driver's license late.

In my case, I got my license when I turned 25, and had my finances already turned around by then :)

I bought used, $2000 in cash and will never, ever buy new ever again.

Score.

Its bad experiment for his life. To avoid car loan...

2009-10-17T14:35:21.147-04:00

Its bad experiment for his life. To avoid car loan to better life style, otherwise life will be ......
I dislike car loan.

Once your car is paid off it may be worth saving m...

2009-10-17T08:49:56.439-04:00

Once your car is paid off it may be worth saving monthly into a higher rate savings account. The cost of any replacement car in the future will then be covered.

Being upside down is the pits! Thanks for the help...

2009-10-16T19:59:26.352-04:00

Being upside down is the pits! Thanks for the helpful post.

There's no way to get out of it. KBB is only a be...

2009-10-12T23:09:02.519-04:00

There's no way to get out of it.

KBB is only a benchmark. Never may KBB! It's a rip!

I have never owned a new car and I don't think tha...

2009-10-12T21:49:45.981-04:00

I have never owned a new car and I don't think that I will ever buy a new car. I just couldn't stomach that feeling of having the car depreciate so much as soon as it gets off the lot.