Buying or Selling a Car

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You and your car have traveled many miles together, but now it's time to part ways. If you've decided to sell your car independently rather than to a dealership, you may be likely to get more money — but where do you start? Here are some guidelines that can help smooth the process of selling any car on your own. Read More about How to Sell a Car Independently

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Get the Facts

New car or used? Better to lease or buy? Buying or selling a car is a major transaction. Browse our articles and calculators. Informed buyers make better decisions.

Have a Plan

Planning is essential to achieving your financial goals. If you're buying a car, do your research, look for sales events and rebate opportunities. If selling a car, make sure you maximize your resell. By planning ahead, you’re more likely to be financially prepared for the event.

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Manage Your Debt

Making your car loan payments on time is an obvious way to establish a good credit rating. Consequently, determine in advance what price tag you can afford to keep your monthly payment to no greater than 8 to 10 percent of your monthly income.

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Protect What You Value

Before you purchase your vehicle, consider just how much you will have to pay for insurance. Compare different policies to get the best coverage. And of course, be sure to protect your vehicle's value by keeping up with service and maintenance schedules.