It is evident that a car doesn’t hold its showroom value for long. The moment you drive it off the lot, its price starts to drop, a process known as car depreciation. This drop isn’t random; it ...

New cars lose their value at somewhat predictable rates. Very few cars appreciate, or gain value, over time — unless you're ...

Depreciation is a fact of life in the automotive world, but not all brands hold onto value equally well. Some retain a good ...

Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

Owning a car is getting more expensive. It's not just the purchase price for new vehicles, which has jumped about 25% since ...

Buying a luxury car is rarely a fiscally sound decision for retirees, due to high depreciation and expensive maintenance and upkeep.

Setting the best deductible for car insurance is key to getting the right coverage at the right price. But first, you need to ...

Driving without insurance is not only risky but also illegal under the Motor Vehicle Act, which mandates minimum third‑party ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for ...

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.

Peter earned a Bachelor of Archeology and Creative Writing from the University of Alabama and has since joined his love of driving and riding with storytelling. His voice is full of southern ...