Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.

There's a number that nobody at the dealership is going to volunteer when you're signing paperwork. It's the amount your new car loses in value the second you pull out of the lot and onto the street.

In this column, I mainly focus on buying cars. But there’s another half of the equation, and it’s just as important. The trade-in. Let’s take a look at trading in your old car. Before we get into ...

Add Yahoo as a preferred source to see more of our stories on Google. It's the age-old question for car owners: maximize a car's trade-in value and replace it early or drive it long term and wait ...

Buying a new car can be exciting. From the model, make and smell -- there is nothing that quite compares to the purchase of an automobile that you can call your own. The only problem is that most cars ...

In this column, I mainly focus on buying cars. But there’s another half of the equation, and it’s just as important. The trade-in. Let’s take a look at trading in your old car. Before we get into ...

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...