Personal Finance Advice and Commentary

Wednesday, June 03, 2015 7:00 am
By Tara Baukus Mello · Bankrate.com

The National Insurance Crime Bureau has warned that cars damaged in the recent Texas and Midwestern floods are likely to be sold to unsuspecting car buyers.

Saturday, May 30, 2015 7:00 am
By Tara Baukus Mello · Bankrate.com

While prices of used cars are higher on average, some used car prices are actually on the decline, according to Edmunds.com.

Saturday, May 02, 2015 7:00 am
By Tara Baukus Mello · Bankrate.com

The average number of miles logged annually per car within a household is the most in a two-car home, where the average car travels 11,800 miles, and 36 percent of households have two cars.

Saturday, December 06, 2014 6:00 am
By Tara Baukus Mello · Bankrate.com

The Federal Trade Commission has taken one step closer to changing its rules for used car sales to further protect consumers.

Wednesday, September 24, 2014 8:00 am
By Tara Baukus Mello · Bankrate.com

Payments for used car loans are on the rise, while loans to credit-challenged car buyers are not being given as freely.

Tuesday, April 15, 2014 4:25 pm
By Tara Baukus Mello · Bankrate.com

Think twice before using your tax refund to buy a car — at least for the short term.

Saturday, September 14, 2013 6:00 am
By Tara Baukus Mello · Bankrate.com

FuelEconomy.gov now features a new tool to create custom label showing the official fuel economy rating for used cars.

Thursday, December 29, 2011 5:47 pm
By Tara Baukus Mello · Bankrate.com

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

Saturday, November 05, 2011 9:00 am
By Tara Baukus Mello · Bankrate.com

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

Saturday, October 08, 2011 9:17 am
By Tara Baukus Mello · Bankrate.com

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

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