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22

Mar

Car Buying - Buy Almost-New to Avoid New-Car Depreciation

Posted by admin  Published in Automotive

Al Hearn Since new cars suffer high rates of depreciation in the first year, it is generally better to buy a relatively new car (at least one year old) that has already experienced its greatest loss in value.Almost-new used cars represent the best values for automotive consumers and offer most of the benefits of new-car [...]

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5

Mar

Buying a New Car and Taxes

Posted by admin  Published in Finance

Chintamani Abhyankar There have been many credits recently added to the tax code for new car buyers. The federal government is trying to help the car manufacturers and the environment simultaneously by offering deep tax credits for eco-friendly auto purchases.You can deduct both state and local taxes for new cars purchased between February 16, 2009 [...]

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