When you are sitting around the kitchen table trying to figure out how to replace that 12 year old minivan, it can seem rather daunting to try to find the money. When you go to the dealership, they want you to use their financing, but many people have a feeling that there might be a better way.
The very best way to buy a car is with cash. Of course, most people don’t have that kind of money available. There are a number of options, including using your home equity line of credit. One of the advantages of this is that you get a tax write-off for the interest. There are other options as well and this blog is a resource for information and exploration.
We also talk about cars in general because, well, cars are fun!