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55 votes
Accepted

Is it a bad idea to buy a motorcycle with a lien on it?

In the case of a vehicle with a lien, there is a specific place on the title to have a lien holder listed, and the holder of the lien will also hold the title until the lien is cleared. Usually this ...
NL - Apologize to Monica's user avatar
47 votes

How should I handle money returned for a product that I did not return?

In my opinion, you've done more than you need to do. Some would argue that you didn't need to do anything at all. It wasn't your fault that payment was reversed and it is the job of the seller to ...
minou's user avatar
  • 7,536
44 votes
Accepted

Electric car lease or buy?

There are some who argue that you should lease an electric car. These factors are in addition to all the normal pros and cons of leasing vs. buying. The technology is still new and is advancing ...
stannius's user avatar
  • 5,301
25 votes
Accepted

Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?

I have a few recommendations/comments: Consider keeping your current car. The buyout amount for your lease is often negotiable. Tell the dealer you are NOT going to be leasing or buying a new car ...
Rocky's user avatar
  • 24k
22 votes
Accepted

How to understand payment due date for a credit card

There is a delay between the billing cycle and when the payment is due, it can vary, but it means you don't pay for any purchases for at least the length of the delay. In cases where you purchase at ...
Hart CO's user avatar
  • 70.5k
16 votes

Is it a bad idea to buy a motorcycle with a lien on it?

It's extra work for you to purchase a vehicle that has an outstanding lien on it. It's not uncommon, but there are things to take care of and watch out for. Really, all it means is that the vehicle ...
BobbyScon's user avatar
  • 14k
14 votes

How can I win at haggling when buying a significant household item?

Unfortunately this all sounds very normal, both for retail in general and the mattress industry in particular. As to why the sales person doesn’t want to give you a discounted price over the phone and ...
Kendall Lister's user avatar
13 votes

Electric car lease or buy?

Electric does make a difference when considering whether to lease or buy. The make/model is something to consider. The state you live in also makes a difference. If you are purchasing a small ...
Rocky's user avatar
  • 24k
12 votes
Accepted

Shouid I throw away my inkjet printer when its ink runs out & buy another?

Yes, you are missing something. Missing is the fact that 'starter' cartridges have a fraction of the ink of the full, new cartridge. Say the new printer on sale is $100. And the set of replacement ...
JTP - Apologise to Monica's user avatar
9 votes
Accepted

Too-Good-To-Be-True Vehicle/RV Sale?

Find a mechanic in the area that will, for a fee, do a pre-approval inspection. Then when you call the seller to inquire you can ask them to let you take the vehicle there as part of your test drive. ...
Wesley Marshall's user avatar
8 votes

Lease vs buy car with cash?

A lease is a rental plain and simple. You borrow money to finance the expected depreciation over the course of the lease term. This arrangement will almost always cost more over time of your "...
quid's user avatar
  • 49k
8 votes

Lease vs buy car with cash?

If you are talking straight dollars then leasing is always a losing proposition when compared with purchasing. The financial workings of leasing are so confusing that people don’t realize that ...
Eric's user avatar
  • 314
8 votes
Accepted

Should I purchase a new car or payoff my current car first?

You didn't say how much credit card debt you have, but here's the order I would take care of things: The credit cards (and stop using them altogether). Getting rid of those will give you much more ...
D Stanley's user avatar
  • 136k
8 votes
Accepted

What does it mean to pay by purchase order?

At least in the UK most business to business transactions are done on credit with the supplier, that is the supplier supplies the goods first and then is paid some time later (30 days is common). I ...
Peter Green's user avatar
  • 2,944
7 votes

How can I win at haggling when buying a significant household item?

You can pay an awful lot for a mattress, but you might not have to. There are often very similar mattresses for much lower prices. Go to a different mattress store When you introduce yourself, try to ...
Philipp's user avatar
  • 23.9k
6 votes

Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?

If you lease a car, you are paying for the depreciation of a certain number of miles, even if you don't actually use those miles. Since you know you will be well under the standard number of miles ...
Ben Miller's user avatar
  • 116k
6 votes

How can I win at haggling when buying a significant household item?

Can you handle the truth that the mattress industry is a rip-off? In fact, a mattress that sells for $3000, you can hunt around and get it with $500 or even less(depends on bed size). The huge ...
mootmoot's user avatar
  • 4,183
6 votes

Buying a used vehicle from dealer

You've got two contradictory points: I pretty much refuse to get a loan and I've asked the dealer to let me [...] pay by credit card Paying by credit card is getting a loan, and this loan will ...
yoozer8's user avatar
  • 9,513
6 votes

Charged twice for online purchase

The merchant should have just settled the pre-authorization like you said, but they don't have to. Sometimes they just make a second "real" transaction and let the pre-authorization expire by itself ...
Nosjack's user avatar
  • 8,697
5 votes

Too-Good-To-Be-True Vehicle/RV Sale?

A quick Craigslist search in my area (New England) pops up a number of RVs in claimed good/running condition in the $2000 - $5000 range, so it's not "too good to be true" that a motivated seller would ...
nah fuq's user avatar
  • 51
5 votes

Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?

Alternative: buy a recent-model used car in good condition. Or buy an older car in good condition. Let someone else pay the heavy depreciation that happens the moment you drive a new car off the ...
keshlam's user avatar
  • 47.5k
5 votes

Buying a used vehicle from dealer

When borrowing money, interest rates are important. Typically credit cards have the highest interest rates (sometimes upwards of 20%). This means that if you borrowed $10,000 and paid it off after ...
xirt's user avatar
  • 5,121
5 votes

How to understand payment due date for a credit card

You should be receiving monthly statements for your credit card, either in paper form or electronically via your online banking system. Each statement will have a list of transaction processed in the ...
mustaccio's user avatar
  • 522
5 votes

How to understand payment due date for a credit card

I want to start of my credit on a good note. Then don't play the "wait as long as possible" game. Keep it simple and pay it off at the end of the calendar month, no matter when you purchased things. ...
RonJohn's user avatar
  • 50.7k
5 votes

What are examples of honest reasons for carrying and using large quantities of cash?

Yes, it's increasingly rare for people to use significant amounts of cash and some people try to use cash to avoid taxes. There are, however, plenty of people who use cash in large quantities without ...
Hart CO's user avatar
  • 70.5k
4 votes
Accepted

Any creative options for purchasing a used vehicle with cash

The amount you are earning in the savings account is insignificant, since you would only have the money in the account for 1 month after purchasing the car. The instant 1.5% cashback (or travel mile ...
Ben Miller's user avatar
  • 116k
4 votes

If there's no volume discount, does buying in bulk still make sense?

As with everything else, it's a question of trade-offs. Pros For Buying In Bulk Less frequent trips are needed to purchase more items. You are less likely to run out of the item at an inconvenient ...
Stephen's user avatar
  • 2,529
4 votes

Electric car lease or buy?

I would like to add that from my own research, a pro to leasing over buying a new vehicle would be that with the lease the entire 7,500 federal incentive is applied directly to the lease, or so they ...
Daniel Jacobson's user avatar
4 votes

Electric car lease or buy?

I have coworker who reported that he leased a Nissan Leaf from 2013-2016 and was offered $4000 off the contracted purchase price at the end of the lease due to a glut of other lessees turning in for a ...
NL - Apologize to Monica's user avatar
4 votes

Is it a bad idea to buy a motorcycle with a lien on it?

A lien is a mechanism to impede legal title transfer of a vehicle, real property, or sometimes, expensive business equipment. That's why title companies exist - to make sure there are no liens ...
Xavier J's user avatar
  • 666

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