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Smart Car Buying {Family Money Minute}

Smart Car Buying

July 3, 2015: Smart Car Buying

Want to know how to save more on one of the biggest purchases you’ll ever make? Stay tuned and I’ll tell you today…

Next to our homes, buying a car is probably one of the biggest purchases most of us will make. But did you know that vehicles depreciate over 30% the minute you drive them off the lot?

For this reason, it makes the most sense to buy a used car. And I’m not talking about a piece of junk, though sometimes that’s worth it to get out from a huge car-payment. Instead, I’m talking about buying a car that’s 1-3 years old so that you’re avoiding that over-priced, new car sticker shock, but still have plenty of mileage left and sometimes even the original warranty too.

The Family Money Minute is made possible by Operation Christmas Child, who reminds us that by saving money, we can make a bigger impact on the lives of needy children around the world.

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