#car-ownership

#car-ownership

The typical new car today costs almost $49,000 - near a record high. Used cars are also flirting with all-time highs. That's because car prices skyrocketed during the pandemic and have hardly fallen since, making car ownership one of the biggest financial burdens Americans face.

Owning a car is too expensive for many young Americans. Ubering remains the cost-effective way to go.

Having a car provides essential freedom and flexibility for university students, particularly for traveling between home and campus, despite facing specific financial challenges.

It's essential to understand what the VIN can reveal—and who might misuse it.

In Singapore, owning a car is not just about transportation; it represents status and ambition, as potential clients often judge an insurance agent by their vehicle.

If the car is beyond repair, speak to your finance provider first. They will explain your options, which might include using an insurance payout to settle what you owe.