How To Never Make Another Car Payment

Written by Tony Puckerin

How To Never Make Another Car Payment Again

Written by: Tony Puckerin

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Car prices today compete with small houses and well-equipped mobile homes. As these price increases become more accepted by consumers, so too arerepparttar longer terms that are necessary to fit them into cost of living budgets. At one point,repparttar 102681 magic payment amount forrepparttar 102682 retail automobile market was $200 per month. But that payment would only satisfy a loan of approximately $8000- 10000 depending on interest rates.

The average car payment today is closer to $400 per month and that's with financial institutions stretchingrepparttar 102683 terms to 72-84 and 120 months. Something has gone terribly wrong inrepparttar 102684 psyche of consumers to even imagine that an automobile will not become obsolete before it is all paid up, 6, 7 or 10 years downrepparttar 102685 road.

All they really need to do is take a look at a vehicle sold in 1995, 1997 or 1999, to get a live preview of what their new car will look like and potentially what it will be worth. Interestingly, research indicates that most Americans get bored with a car after driving it for 24-36 months. Why then wouldrepparttar 102686 typical financing term be 72-120 months?

Atrepparttar 102687 point of purchase, most consumers tend to forget that car payments never includerepparttar 102688 cost of insurance, required maintenance and gas. When these items are added to a car payment, it can easily exceed what some people are paying in mortgages.

It's analogous torepparttar 102689 Middle Eastern people like Iranians whose culture practices beating themselves onrepparttar 102690 back with chains and whips. Every month, millions of Americans facerepparttar 102691 self-inflicted pain of making another car payment. Likerepparttar 102692 Iranians, they believe that if they can do it, it must be good and it will somehow make them better people inrepparttar 102693 hereafter.

A self-made millionaire, Dr. Cooper, an advocate for reversing unnecessary consumer debt has come up with a simple plan to change how we think of automobile ownership. His plan usesrepparttar 102694 same philosophy that our grand fathers grew up with, i.e. never buy anything that you cannot afford to pay for out of your own pocket.

Unfortunately, if we lived by those rules we would need traffic lights and zebra crossings on our major highways because they would be packed with pedestrians.

Well let's share Dr. Cooper's plan. He calls itrepparttar 102695 "Vehicle Saving Fund". This is a basic commercial bank savings account that can be started at any local bank. To make it more meaningful to you, lets call itrepparttar 102696 "Freedom From Car Payment Fund." Anyone can start such a fund; it does not matter if they are currently financing a vehicle.

The idea is that if you intend to be a productive member of society and enjoyrepparttar 102697 benefits of your labor you will need to have personal transportation. This is not optional for most people who do not live in a big city where public transportation is available. The fund should be considered absolutely necessary, much likerepparttar 102698 rent or mortgage, it's a living expense.

Here is how it works; if you are currently driving a financed vehicle, resolve to pay it off in its normal term. It's hard to keep making payment on a vehicle you do not like but that's where repparttar 102699 discipline becomes important. Also, resolve to put aside a small amount every month to your "Freedom From Car Payment" account. Initially, it is totally understandable that it may be a little difficult butrepparttar 102700 amount is not important, it'srepparttar 102701 habit andrepparttar 102702 psychology of doing it that makes allrepparttar 102703 difference. You can start with as little as $5-$10-$25 just be committed to doing it every month until it becomes a habit.

Where to find the best auto parts at the lowest prices

Written by Gregg Kell

If you’re looking online for an ecommerce store hard to find import car parts, or specialized auto headers, or customized fog lights, look no further than Dreamers Performance.

A growing number of car enthusiasts have found Dreamers Performance, their best source for all after market car parts. This family-owned business has been supplying performance car parts to sport compact cars owners for 2 years.

They also specialize in performance and accessories for every kind of automobile, from import to domestic.

Dreamers Performance has a wide selection of new, genuine, OEM, rebuilt, and quality aftermarket discount car parts, import auto parts, replacement parts, which are in stock and ready for immediate shipment.

Are you looking for customized euro taillights for your BMW? Or maybe auto spoilers or car suspension for your Chevy Malibu?

Dreamers Performance sells it all. In fact, they sell everything from intakes to Xenon body kits, from headlight conversion kits to performance headers. Their prices are very competitive, and their customer service is amongrepparttar best.

In fact,repparttar 102680 number # 1 reason Dreamers Performance is fast becomingrepparttar 102681 choice for body shops, custom shops, and auto fans all acrossrepparttar 102682 nation is customer service.

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