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If you're selling your car by yourself, remember to always have the buyer sign a "Bill of sale." Also, arrange to handle the title or loan swap at a bank so the transaction is fair and the details are out in the open.
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Clark shows off what he calls the "frunk" of his all-electric Tesla -- a trunk where the engine would normally go.

Best Cars of 2015

Every April, Consumer Reports makes a special effort during car buying season to give advice for new and used buyers in their annual auto issue. This year, the overall most reliable brand for new cars is a repeat performer that's near and dear to my heart -- the Tesla S. ...

Best 2015 Cars for Resale Value

Cars are the second biggest expense in most people's lives. But will the car you're buying hold its resale value? Best cars for holding their value over 5 years Kelley Blue Book has published its annual Best Resale Value Awards for 2015 vehicles. When we buy a car, we think ...

How To Sell an Upside Down Car

If you have financed a vehicle, chances are that you are upside down. What does that mean? It means that you owe more on your car loan than the vehicle is actually worth. This can be discouraging to think about, however, it is not the end of the world. It ...

Cars That Hold Their Resale Value Best

Your car is the second most expensive purchase you're likely to make after your home. Now a new study from shows that luxury cars are out and pickup trucks are in when it comes to holding resale value. Among the losers in the resale value lottery were the following ...

How to find the best auto repair shops

When the chips are down and you need a car repair, where's the best place to get it done? Back in 1987, I bought an Acura Integra. When it needed service, a friend who also had an Integra recommended a dedicated shop that only worked on Hondas and Acuras. It's ...

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 and prequalify for a car loan (or apply online.) That tells you how much ...

Hot deals on new and used cars

With the average cost of cars right around $32,000, is it possible to buy one for less? You betcha! Car buyers keep pushing the price of cars up and up and they keep taking out longer and longer car loans. I read a recent report about some loans stretching out ...

Confession of a retired auto salesman

Gerry Schram had a very good life selling cars. After four decades on dealer lots, the 65-year-old former salesman from Becker County, Minn., was able to retire in 2006 with no debt at all. He did that, in part, by owning his cars for a long time, unlike many of ...

How to find a good mechanic

Women are generally quoted higher on car repairs than men, according to a new study out of Northwestern University. It seems old habits die hard. There may have been a time in the past when men generally knew more about the workings of automobiles. But the technology in cars today ...

Rent your car for extra cash

Do you have a spare vehicle sitting around collecting dust? Try renting it out. Kiplinger  magazine reports there are several websites that can help you get started as a 1-personal rental agency, with the possibility of generating several hundred dollars in extra income each month. The reality is most of ...

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