Find Great Tips &
Strategies Here that the
Banks Won’t Tell You
Your Car is Not an Investment
A car is a legitimate expense, but unless you’re driving an airport limo, don’t kid yourself that a car is an investment.
Cars depreciate rapidly, and their only justification is what you get out of them during their short life.
Buy the car that meets your basic needs.
The rest is luxury - buy it only if you can afford it.
A growing number of individuals living and working in downtown cores are opting to dispense with a second car, or not to own a car at all.
If you only use your car one or two days a week and have easy access to a car rental outlet, car share and/or ride-share options, the alternatives may be much cheaper.
Even at an unpreferred rate of $50 per day, you could rent twice a week for $5,000 a year. Owning a car will likely cost you twice that especially if you have to pay for a parking space.
Your goals are closer than they appear and a home equity loan can get you to the finish line.
We’re putting our money where our mouth is. Get the lowest rate on your home equity Loan from Capital Direct®, or we’ll give you $500.
