The Zero F**ks Given RX7 - TUNED
Would you drive a car built by a teenager in his parents driveway with no safety features whatsoever? We did, and now we'll tell you why this ugly RX7 is so brilliant.
The Truth About Car Payments
I’ll always have a car payment. You’ve probably heard that comment before, right? You might have even said it yourself—with a defeated, woe-is-me tone of voice. So what’s the deal? Are car payments really just a way of life? Well, that’s the normal way of thinking. But, as Dave always says: When it comes to money, normal is broke. You want to be weird, and weird people don’t have car payments. So how, exactly, do you live without a car payment? Here’s the deal. Recent statistics show that one-third of car buyers sign up for a six-year loan at an average interest rate of 9.6%. Among these buyers, the average price of the car is just over $26,000. This means that one-third of the cars you see on the road are dragging a $475 payment behind them. The car dealer won’t tell you that your awesome new car loses about 25% of its value the instant you drive it off the lot . After four years, your car has lost about 70% of its value! What does that mean? After six years,...
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