How Much Car Can I Afford?: Don't Let the Cost of Owning One Drive You
Publication date: February 2010
Digital Book format: PDF (Adobe DRM)
This is the eBook version of the printed book. If the print book includes a CD-ROM, this content is not included within the eBook version.
Think smart, think "transportation": escape the car payment debt trap!
Consumers figure, "I'll always have a car payment. Everybody has one." They don't care what the car costs or how many years they'll be paying it off. It's the car payment debt trap: the never-ending cycle of financing automobiles. It robs many Americans of their wealth: They're constantly funneling huge payments into assets that are plummeting in value.
If you liked this Element, read more from Gregory Karp, including Living Rich by Spending Smart: How to Get More of What You Really Want (ISBN: 9780132350099).
Available in print and digital formats.