Figuring your car's annual mileage may be the worst part of filing your annual tax return. After all, did the epic road trip you back-ended onto that conference in Vegas count as "business miles"? And how are you supposed to know your odometer reading from last year? By going through old oil change receipts? Fortunately, figuring the mileage that comes with your Fair car is easy! We walk you through how in this handy guide.
4 Scary New Repossession Techniques
More Americans are behind on their auto loan payments—and that means boom times are here for repossession companies, who are using increasingly high-tech methods to haul away the cars of delinquent drivers. Here are some of the scariest ones we’ve heard.
A Temporary Employer Insisted I Get an Auto Loan. The Damage Was Quite Permanent.
In my first autumn out of college, I got a job working for the campaign of a state school board candidate in the Gulf Coast region of Texas. It was not my dream job. In fact, it was glorified temp work. But that didn’t stop the consultants who’d hired me from insisting that I procure, as a part of my duties, a permanent set of wheels. Agreeing to their demand turned out to be one of the biggest mistakes of my life.
We Owe More On Cars Than Credit Cards. That's A Problem.
Since the beginning of the auto industry, car loans have been how most of us who don’t have a spare $35k in our money clips can afford a vehicle. But have you ever examined what you’re really taking on when you agree to an auto loan—or how perilously deep this river of debt actually runs?