Archive for the ‘money’ Category

Many investors and auto hobbyists alike are understandably still pretty shaky about putting money down on the stock market. But that hesitation hasn't shown any lasting sign of translating to the top of the market for collector cars.

That's the verdict after last weekend's big Monterey auctions, long considered some of the top sales of the year, and strong indicators of what's moving and shaking.

According to the LA Times, this year's Monterey auctions together made more than $116 million; that's down from last year's pre-stock-market-plunge $130 million total, but very respectable all considering.

While those without a personal fleet...

As pump prices rise are on the rise again, and crude oil prices and refinery issues suggest they’ll continue to rise in the weeks ahead. Yet—reality check, here—we’re still in the middle of humdinger of a recession, right?

With your disposable income for this holiday weekend in mind, here are ten straightforward ways to help ease the strain on your wallet:

Keep the gas guzzlers in the garage! Super-sized SUV use about three times the gas of a compact sedan—to go the same distance! You probably know this already, but take time out and crunch the dollar figure for your trip. If you’re not really going to use the space, then why don’t you park...

Americans have to eventually start buying new cars, before rust and accidents and overpriced parts cull the fleet down to a critical point.

So it would seem; but the latest news coming today from market-research firm AutoPacific suggests that the uptick might not be coming anytime soon. A big chunk of owners now think they’re in it for the long haul and holding out to buy a new car for two years or more.

The firm found that 42 percent of car owners surveyed definitely/probably will not buy or lease a new (not used) vehicle in the next 24 months. That’s up from just 22 percent last September, and up from 38 percent just last month. The steep...