car purchase

Chinese man buys Land Cruiser with sacks of loose change

Most people dream of buying their own car someday, but one man from northern China got his brand-new vehicle in the oddest way. Using only sacks of small change and tiny denomination notes, the unidentified Chinese national bought a new…

Should I buy a brand-new or a second-hand car?

Question: On buying a car, they say that you’ll lose money on depreciation when you buy a brand-new car while others say maintenance for a second-hand unit is more expensive. All things being equal, should I buy a…

How to make buying a car into an investment

A car is probably the second-most expensive thing you will buy after a home. But unlike most big-ticket purchases that yield high appreciation value every year (like diamonds and gold), a car automatically loses about 20 percent…