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Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
With auto dealers practically giving away vehicles and car and truck buyers getting approved for historically low- and even no-interest car loans, a shiny new set of wheels might look awfully tempting these days.
But just like that 60-inch flat-screen TV that goes on sale on Black Friday, it’s a purchase that isn’t for everyone.
Should you ever buy a new car? There are times when buying a new car becomes a necessity, but there are also money-saving motives for hanging on to an older car a little longer. Here are five reasons why you might want to rethink making that drive to the car dealership.
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