Teaching your teenager to drive is a big milestone, both for them and for you as a parent. It can feel overwhelming to hand over the keys, but with patience, preparation, and the right approach, you can provide them with the skills they need for a lifetime of safe and confident driving. When it comes to teaching your teenager how to drive, there are a few things parents must keep in mind if they want to pass on good habits to their kids.
Read moreCategory: car as an investment
5 Things To Contemplate When Buying Used Cars
Buying a new car can be expensive, which is why people opt for used ones. However, you may be skeptical of whether a used car will give you service for a long time. Here are a few tips that you can use when buying used cars:
Examine Both the Interior and Exterior
Start with the exterior by checking for dents, scratches, and rust. If they are minor and insignificant, you can get the car. However, if you can spot them at a distance, that automatically becomes a red flag. Also, ensure that the body panels are aligned evenly. If they are not, the car might have been in an accident. For the interior, inspect the seats and look for wear and tear on the upholstery.
Read moreVehicle Problems You Should Never Ignore
Everyone encounters car troubles, and we’re all guilty of putting off repairs. However, some vehicle issues require immediate care. Read about the vehicle problems you should never ignore for more information!
Read moreYour Car is not a Liability, but a Fast Depreciating Asset?
An asset is anything that you control and has an economic value, and which you expect to return benefits sometime in the future or generate income. On the other hand, a claim against that asset is what we call a liability. The drawback arises from business operations or transactions and does not return a profit.
So based on this definition, is your automobile an asset or a liability? Many people will argue that their vehicle is a liability because of the numerous associated expenses. Let’s explore more.
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