Insanely Long Loans Mean Americans Are Buying Loaded Cars More

Thanks to the gradual economic recovery and an abundance of credit at a level we haven't seen in years, Americans are buying record numbers of cars every month. And with ultra-long car loans becoming the new normal, that means Americans are buying more expensive, more loaded vehicles than ever. » 10/03/14 4:50pm 10/03/14 4:50pm

Will a No-Haggle Car Dealership Really Get Me a Better Deal?

Dear Lifehacker,
I'm going car shopping soon, and while I love the idea of a new car, I'm not thrilled about having to deal with the buying process. I thought about going to a no-haggle dealer, but will they really give me better prices, or is it just "you'll pay what we want and like it?" Should I suck it up and… » 6/16/14 1:10pm 6/16/14 1:10pm

Should I Repair or Just Replace My Old Car?

Dear Lifehacker,
I love my car, but it's getting on in years. It's paid off, which is great, but even routine maintenance now runs me a few hundred bucks, and the mechanic is always upselling me on additional repairs that are hundreds more dollars. Is it time to just retire my ride and buy a new car, or should I stick… » 4/29/13 1:22pm 4/29/13 1:22pm

Spanish Bank Giving Away Free Citroen With New Account

Open a saving account with Spanish bank Banesto and they’ll give you a brand new, all-expenses-paid car. To qualify for a vehicle, a customer needs to lock between $26,400 and $235,000 into an account for at least 24 months, with the type of vehicle offered depending on how much one invests. For $235,000 and 36… » 9/26/08 2:20pm 9/26/08 2:20pm

Price of Cars Relative to Income Higher, It's The Economy Stupid

The Auto Affordability Index found that it's getting more expensive to buy a new car, as if we needed another reason to consider buying a vintage RWD import instead of something from a dealer's lot. In the third quarter of 2007, it took 24.8 weeks of median family income to buy an average-priced car or truck, compared… » 11/09/07 12:30pm 11/09/07 12:30pm

Costs Face Slashings As VW Forwards Plan to Reverse Misfortunes

According to the AIADA newsletter, Volkswagen is prepared to carry out an epic reduction in its cost structure. Company officials are planning to cut billions of dollars in costs, with "no sacred cows" spared. Engineers have reportedly reduced the production costs of the VW Golf by $1000 and the company will soon… » 7/15/05 4:36pm 7/15/05 4:36pm