Blog Archives

Own a Kia or Hyundai?

Do you drive a Kia or Hyundai? Kia and Hyundai models sold between 2011 and 2021 don’t have engine immobilizers so they’re targets for thieves. Thieves will bust out a window and remove part of the steering column’s cover to expose the ignition. Then they break the ignition cylinder off and start the car with […]

Is Your Car a Wealth-Slayer?

Is your car a “wealth slayer”? Did you know a car can kill your financial freedom? New vehicle prices and interest rates are way up, adding to the cost of financing a car. The average loan is nearly six years and average payments surpassed $700 a month for the first time ever. People, this should […]

What’s Out-the-Door Price

Buying a new car? I recommend buying dependable used cars. Yet, new cars are purchased for a variety of reasons. When buying new, it’s important to know all the financial terms. For example, OTD is the out-the-door price. This describes the total cost of the vehicle. Knowing this number is crucial in order to negotiate […]

Warranty Scams

I’ve never purchased an extended warranty. An extended car warranty is a service contract between you and a warranty company. General warranties are included in the sales price of vehicles, but an extended car warranty or service contract is not. I don’t recommend them. Instead, buy reputable cars and set aside money for repairs. We frequently […]

Do You Really Need Two Cars?

It’s expensive to own two cars! One of my sons recently totaled his car on black ice. He borrowed mine until insurance took care of his. So my wife and I shared her car by planning ahead and combining errands. Flexibility made it work. The savings of going from two vehicles to one adds up […]

Savings Day – Just Ask

Have you ever saved money by asking? My friend, Matt Bell, at Sound Mind Investing says he saves money just by asking. He’s had fees waived, subscription prices lowered, price hikes canceled and even costly vehicle repairs more than reimbursed by the manufacturer. Anytime he receives notice that a monthly bill is about to increase, […]

Semiconductor Chip Shortage

Have you noticed limited supply and higher prices of certain products?  Take cars for instance. When COVID hit, people fled cities to work remotely. Without the convenience of public transportation, they bought vehicles. When travel dropped, rental companies sold their inventories. Later, they purchased used vehicles to meet rising demand, but the primary factor affecting […]

Savings Day – Wait to Buy a Used Car

Want to buy a car? Prices for used-cars are way up over the same time last year—some as high as 30%. In June, Bloomberg reported that higher prices for used cars contributed to the rise in U.S. inflation and were responsible for one third of the rise in consumer prices. Tim Healy at TheTruthAboutCars says, […]

Wise Use of Available Cash

Is cash burning a hole in your pocket? Stimulus checks and tax refunds created a spending surge, but if you’re holding out, steward those dollars wisely. Are you carrying credit card debt? Pay it down. Any pay-day loans? Eliminate them ASAP. Don’t Have an emergency fund? Start one today! Car dealerships will try to get […]

A Wealthy, Wise Man

It’s easy to be careful with your finances when money is tight. Today, Crown’s founder, the late Larry Burkett, reminds us that good stewards are just as careful with an abundance of money.     If you’ve been helped by Crown or this radio station, I want to ask you to support us. We work […]

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