Here's How 69% of Americans Might Save Themselves Over $17,000

For many Americans, a vehicle is an unavoidable expense. Unless you live in a city with accessible, affordable public transportation, you need a car -- not just to get to work, but to function on a whole. The more expensive that vehicle is, though, the more it's apt to wreak havoc on your finances.

Thankfully, most Americans are finally gearing up to make a smart choice about their next automobile purchase. Specifically, 69% of U.S. adults say they'd likely consider a used vehicle the next time they need to buy a car, according to a survey by Ally Financial.

If your current vehicle is on its way out and you're planning to get a new one in the not-so-distant future, it pays to set your sights on a used model rather than spring for a new one. The savings you stand to reap could be substantial.

Continue reading


Source Fool.com