Cars / Financing

  • Toyota to pay $21.9 million to settle racial discrimination claims

      

    TORRANCE, Calif. — Toyota’s lending service, Toyota Motor Credit Corp., agreed to pay almost $22 million to thousands of minority Toyota customers that were overcharged on loans from...

  • New car leasing 101: A plain English explanation

      

    Author’s Note: Leasing accounts for a hefty 25% of new-car transactions today, mainly because the monthly payments are much lower than they’d be for a purchase. But most folks...

  • 5 things to know before buying a used car

      

    When you're considering new vs. used cars, I want you to think about the bigger picture of car ownership costs. It's more than just the sticker price and the expense of gas. AAA reports...

  • What your car says about your credit score

      

    Could the car you drive be an accurate indicator of your credit score? Better check your wheels against this list to see what you're subliminally broadcasting to the world! A fellow I know...

  • Ready for a new ride? Here are the best year-end car deals!

      

    Are you looking for a great deal on a new car? Car sales are up this year, which means you're not alone!  Car dealers may be enjoying their best year since the year 2000. As long as...

  • Buying a used car: Check the maintenance costs before you buy

      

      There are a lot of things you need to do before buying a used car, such as choosing the right vehicle, securing financing, getting a mechanical inspection, negotiating a price and taking...

  • Why you should limit cars loans to 42 months

      

    Auto loan financing is suddenly available to people with damaged credit who may have been turned down for car loans as recently as a few months ago. But is that "yes" to your credit app...

  • 13 screaming good new car deals for Halloween!

      

    It's that wonderful time of year -- when car dealers are desperate to clear their inventories of leftover 2015 models in order to make room for new 2016 models. And what...

  • The #1 mistake new car buyers make

      

    There's one mistake that almost everyone makes when they buy a new car. Here’s what it is, and what you should do instead.

  • When placing a factory order for a car makes sense

      

    Author’s note: Over the years, I’ve talked to hundreds of consumers who were unable to find the vehicle they wanted at dealerships and asked about the pluses and minuses of a factory...

  • 5 misleading ads that can wipe out your wallet

      

    The motto of my show is "save more, spend less, and avoid ripoffs." But what if you can’t recognize those ripoffs when you’re faced with alluring advertising pitches? Here...

  • Cars with the lowest cost of 5-year ownership

      

    When you go and look for a car, what do you look for? A lot of times, it's an emotional connection, you get excited about a particular brand. They call that "getting into your...

  • It's time to jettison the conventional wisdom about how to buy a new car

      

    Author’s Note: The catalyst for this series was the eye-opening discovery that over the last 20 years, the dealer invoice price has been turned into a bloated imposter that has nothing to...

  • Honda to pay $24 million for discriminating against minorities

      

    Honda is in big trouble with the U.S. government for allegedly discriminating against minorities by marking up interest rates on auto loans. The Consumer Financial Protection Bureau (CFPB)...

  • The Clark Smart Steps for Buying a New Car

      

    If you're in the market for a new car, here are my tips for making a smart purchase. Here's how to buy a new car First, go to your credit union, online bank or traditional bank...