Personal Finance Advice and Commentary

The list of top-selling cars for 2011 has some surprises this year, according to a sales study by Edmunds.com. Two Hondas, the Honda Civic and the Honda CR-V, are notably absent from the top ten list of best-selling new cars. Both vehicles typically log high sales every year, but sales in 2011 were compromised, due

Subprime car loans – loans given to people with bad credit — are now being packaged into securities that are being scooped up by investors, according to a recent report by the Los Angeles Times. These loans, given by independent used-car dealerships who promote their businesses as “buy here pay here” are highly profitable because the

It seems there’s a trend of computer-savvy criminals rolling back odometers on off-lease cars to make them appear as if they have lower mileage than they really do. A recent review of off-lease cars in the Northeast by AiM Mobile Inspections, a nationwide company that evaluates new and used vehicles, showed an estimated 30 percent

If you’re thinking of trading in your used car, chances are you’ll get more now than in past years for the same make, model and age. The average value of 1- to 3-year-old used cars has risen from $15,000 in 2008 to more than $23,000 this year, according to analysis by Kelley Blue Book. The

If you are buying a used car but wish you had some of the technology available today’s cars, you can now get automatic crash response services, navigation and more for most of the cars on the road today through a new service from OnStar. The General Motors subsidiary now offers its safety and navigation services