Car Ownership or Ride-sharing

  • February 11, 2017
  • By: Greenpath Financial Wellness
  • Category: Auto

It makes sense to look at your transportation options when planning for financial wellness. So which is better car ownership or ride-sharing? Transportation accounts for 17% of an average American’s spending. This is inconsistent with what financial counselors typically recommend, which is to limit transportation costs...

Buying a New or Used Car

Is it better to buy a used car or go with a shiny new vehicle? Let’s compare the two options of buying a new or used car and give you some good information to make a well informed decision. Buying New Probably the biggest single advantage is the car itself.  Since it’s brand-new, it has never been driven by someone...

Auto Financing Options

Before you find your new or used car, you should know how you will pay for it. Most people don’t have cash to just buy your car. In general, there are three main options:  financing through the dealer, financing through your own credit union or bank, or leasing. Use the dealer’s financing  This is usually the easiest...

Budgeting Basics for Purchasing Your First Car

(Editor's note: As U.S. automakers set a new record for cars and trucks sold in 2016, GreenPath welcomes guest blogger Warren Clarke from CARFAX to share five tips on buying a vehicle in 2017.) If you're purchasing your first car, this purchase represents an important milestone in your adult life. Owning a car gives you...

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