The issue is not interest rates. Whether these buyers purchase an identical vehicle with 60,000 or 120,000 miles, they will pay the same interest rate. The issue, from the perspective of the finance company, is the remaining life of higher-mileage vehicles. 展开 年份: 2011 ...
A car with high mileage is always worth less than a comparable vehicle with lower mileage. More miles typically means more wear-and-tear and more maintenance and repair costs. If you're looking to refinance the loan on a high-mileage vehicle, carefully weigh the pros and cons of taking on...
I've said it for years that if my body was a car, its value wouldn't be so adversely affected by its age than it would be by its mileage! High mileage and vehicle age are things we must take into consideration when performing maintenance. It's much the same as when a doctor sees ...
offers a pay-per-mile subscription modeldesigned to benefit high-mileage drivers. “We allow a novel form of financing, which we call the mileage purchase agreement, where fleets can sign up to get access to an electric vehicle for a monthly fee that varies according to the ...
Good vehicle for emergency savings or a short-term savings goal Cons of a high-yield savings account APYs are variable and can change at any time Some banks impose monthly withdrawal or transfer limits Not all accounts offer ATM cards Since most accounts are online, there are limited to no ...
he’ll need to hold those vehicles even longer, he’s prepared to budget for that too: His fleet management company has the Big Data (or Massive Data) on lifecycle costs on thousands of comparable lifecycles by vehicle class and individual models, mileage bands, ...
In addition to moving violations, Michigan auto insurers look at a driver's age, vehicle type, annual mileage and selected coverage to determine rates. High-risk drivers could save on auto insurance costs in Michigan by shopping around, comparing rates and taking advantage of discounts. ...
You shouldn’t use a HYSA as your primary retirement savings vehicle. Although APYs are higher than they’ve been in years, they can’t compete with the compounding interest rates of the stock market. Your main retirement fund should be parked in a 401(k), IRA or other tax-advantaged ...
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A sports car or luxury vehicle A teen driver on your policy A home address in an area with a lot of vandalism or theft How to lower your rate if you’re a high-risk driver Shop around for car insurance:Everyinsurance provideris going to weigh your individual information differently. You ...