article thumbnail

Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

percent interest with 20 percent down, Investopedia suggests a total purchase price for your shiny new car – including taxes and whatever other fees a dealer feels like charging that day – at just $16,687. Simple math leaves is with $330.50 for a car payment. To slide in at that figure over 48 months at 8.3 Don’t take the TruCoat.

Financing 111
article thumbnail

J.D. Power study finds ACEN technology woes affecting vehicle reliability for consumers

Green Car Congress

ACEN is now the most problematic area on most vehicles and is the cause of the industry’s 3% year-over-year decline in vehicle dependability. Key findings of the study included: The overall industry average is 152 problems per 100 vehicles (PP100) this year, compared with 147 PP100 last year. —Renee Stephens.

Buick 150