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 ...
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 ...
- 7,571
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 ...
- 5,327
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 ...
- 71.2k
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 ...
- 14.1k
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 ...
- 243
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 ...
- 24.4k
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 ...
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.
...
- 1,324
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 ...
- 142k
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 ...
- 2,981
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 ...
- 24.1k
7
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 ...
- 9,553
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 ...
- 4,203
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 ...
- 10.1k
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 ...
- 51
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 ...
- 5,173
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 ...
- 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.
...
- 50.8k
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 ...
- 71.2k
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 ...
- 666
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 ...
- 2,539
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 ...
- 501
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 ...
4
votes
Made an offer to buy an apartment, but the actual size is smaller than the one that was promised
I know nothing of Italian property law, so this isn't advice, but my instinct would be to ask whether – due to the "confusion" over the quoted size changing – they'd be prepared to knock something ...
- 9,600
4
votes
Accepted
Is it feasible Buying a Bike when I already own a car
I wouldn't finance both. Depending on how much you can get for your car, you could sell it, buy a cheap (3-4k) car with the balance, then save up to buy a bike (or upgrade your car). If you can afford ...
- 142k
4
votes
Is it ok to buy something on your credit card due date?
You are able to use your credit card at any time. Which cycle it shows up on depends when the charge gets processed on your card.
Say a charge goes on your card just before a cycle closes, once the ...
- 532
4
votes
Shouid I throw away my inkjet printer when its ink runs out & buy another?
You are falling for the coca-cola fallacy. When buying smaller container of CC you pay more per ounce than buying large container, so the higher price must be due to desire to push people to buy ...
- 2,356
3
votes
Accepted
Using HELOC for vehicle purchase: can this be done wisely?
A few things I can think of, in no significant order:
4.5% is apparently about average for a used car loan, but maybe you could get a better rate through dealer financing, I frequently get offers for ...
- 71.2k
3
votes
Do I lose the grace period on new purchases after a promotional balance transfer on some cards but not others?
Yes. That's typical. When money is outstanding via cash advance/transfer you lose the grace period for new purchases.
The minimum payment on the cash advance is still due and is credited first. Any ...
Only top scored, non community-wiki answers of a minimum length are eligible