Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

Suze Orman's road rules for car buying

October 11, 2013 at 3:13 PM

The car you're driving could be driving you into poverty, says Suze Orman. While lenders are relaxing terms and offering longer periods for borrowers to pay, Orman is sticking by her rules of the road.

"Lending standards have loosened up, so many of you who couldn't buy a car before… are going out there and buying cars that are so expensive it's not even funny," Orman said. She points out that this is made possible only because the loan is being drawn out 'over six years, seven years, even eight years so (that) your payments are (small). 


Read Full Article


Suze Orman's road rules for car buying

Tag Cloud

closing disclosureAshley Springersuccesscreate new truthenjoy saving kids schedule paymentscar buying mistakesteach your child good money habitsno splurge costly insurance mistakepaid vacation15-year refinance deal8 month safety netis it necessarysocial security not going brokesave moneyiffy incomefull retirement ageincrease retirement contribution rate6 month waiting periodconfidentlong-term care premiumsbecome member raise deductiblesstudent loan repayment planmeet monthly pay down student loan debtback-to-school budgetTelepicturesone annual fee2016 adjust estimated taxis it kind?Free Debt Eliminator10% donate to charityLTC20% down paymentSandy Hook Promiseincrease retirement savingsForbes Top 10face your financial fearinitial tax break Long Term Care premiumsMass MutualSuze approvedfinancial argumentsAARP Social security calculatorretirementCivil Rights20% equityavoid burn outco-sign retirement planJose RodriguezFiscal Responsibilityyours, mine & oursPrime Rate Rise 2015protect your familyhome insurancepaying for collegestay positivepay 100% cashfinancial fearsGoodbyeconfident of solutionorigination feesrequired disclosuremax benefit coveredwomen live longerRetirement Incomesidelinedverify retirement plan with HR or plan sponsorcredit managementLovebig results cut monthly cable billlife insuranceuniversal college accessemployer funding HSAswitch to spouse coverageallowance taskWall StreetcommitEasy Life Insurance home related tax break bonus long term caredon't defer interest paymentsno tax on withdrawlsmortgagecomparison shoppingignore 6 month grace period PBS SpecialHoliday Seasongift not loanLong Term Care shoppingcharges on credit cardBankno late fee Cory BookerFRAbill paying prioritiesquick closingMost Influential Celebrities Listno sneaking in fees3 step financial road mapoverspend on nights outmoney vowsGiftsbad retirement planningStudent Debtstudentrising home pricesrepay student loansretirement accountssetup automatic savings withdrawsummer job match income debit cardlong-term care don't blow tax refundcost of capitalization calculatorlower premiumno waiting periodpositiveBeautyInterestAuto Savings consider roth 401(k)pay interest while in schoolretirment savingslower mortgage interestadd teenSuze changed my lifeCredit Card Interest Rate19 years cash flow problemmax employer matched 401(k) contributiondeath benefit 20 to 25 times annual incomeSelectQuote.comitemized deductionbest interest ratescouple financespowerfulBaby BoomersCiti Simplicity Card Credit scorehome ownershipInfluentialsHow To Build Creditswitch to roth 401(k)high FICO scorebetter termsmonthly dental insurance premiumForbesdebt freesame-sex marriagerequire chore in exchange for allowanceterm insuranceSuze Ormanbuying car 2016money-aware childgrandparent IRA contribution do you need life insurancecredit unionFinancial System40% toward financial goalmanage student loansreduce interest rateHeartSave Us MoneyLong Term Care Insurance doctor no longer in networkleave a legacyFICO credit score credit card mortgageSpendingget over life insurance phobiaborrowing plan dental savings planEmployer Matched Contributioncredit report2015 record year car salesstudent loan repaymentpay high rate off firstNew York LifeTeachAmy Lacyetfocus on new truth FHA loan feesget health insurancefinancial goal phraseLTCi ASAPSuze is my biggest mentordon't buy wantsPrime Rate Increasecollege graduatekeep a schedulefinancial concerntitle insurance20% down payment avoid feesalternative FICO scoreterm life insurancePhyllis Shelton expert long-term careteensnegotiate points with bank or sellerStock Investmentsbuying a carzero rate transfer dealsfraudulent returnultimate compounding giftroth iraHoliday Shoppingfocus on needsOne Wallet At A Timereal estate mistakesinterest on student loansemployer offered life insuranceautomate student loan paymentsdo not pay allowance for good behaviormake saving a pleasurespecial saving accountlower ratesavingsspeak new goalreal estate marketmarriage financial responsibilityshort term goal Influential CelebrityMoneysave Financialclosing costs 2% of loanAccuQuote.comlow down paymentGiftNewtownlong term goalVeterinary Schoolteens and moneypermanent life insurancedon't cover cosmetic dentistryStaffords this year have a fixed 6.8% interest rateCollege of Veterinary MedicineFinancial Educatorsecured cardage appropriate goalsresponsible with moneySuze Orman spouse Kathy Travisno life insurance financially irresponsiblenew cartax ID theftfile asapFederal Funds RateCommunication Skills University of Illinoisno interestritual scheduleGay Rightsallowancereplace permanent life insurance with termopen enrollment review financing car marriage inequalitynot enough life insurancecar leasingmortgage disclosurePost-Divorceno negativitybuy homeonly refinance if it paystelevision hostNew american Dream dear suzeinterest capitalizationonly offered while employed anticipated salaryjuggle multiple financial goalsEric Dodge death benefit needs for familybad decisionsget credit cardHDHP physical healthback door Roth IRAdebtknow before you owedoctors in networkprovider of financial support3 bucket approachwomen long term careidentity fraudincentives for health care wellness screeningpay more than minimumhome budget after tax costescrowgift grandchild IRA contributionstudent loan repayment estimatorpublic service career student loan repayment grandchild summer job IRA contributionadult childrenfinancial independencemortgage brokercontribute household expenses retain separate credit cardsincrease emergency savingsRevocable Living Trustprotect and provide for minor child Suze Orman's Money Warsstudent loan debtcar loanbuy down social security never insolventinsurance mistakeFundsgift up to 14,000property taxFinancial Power of Attorneygay marriage ban end Florida social workBankruptcybest loan deal 8 RulesLifestylecommunity bankplanwould you decline a bonusprotect loved ones be true to yourselfbalance transfer write new goalmaintain standard of living401(k) ContributionsSatisfyingInvest for savings growthGay Couplesnot gender specific overspend on giftshigh deductible health care plan8 month emergency fundunexpected expense2016 adjust withholdingFinancial Awareness2015 financial roadmapadvice for college graduates4 Must Have Documents heartacheSandy Hook Elementary Schoolpay off debtAdequate Auto and Home InsuranceHolidayfamily save at least $100 monthlypurely financial standpointverify wellness screening and programsholiday spendingdon't ignore open enrollmentschool stretch out haircut appointmentsdangerous money seasonlive below your meanshome buying budgetraise insurance deductibleprotect dependent borrow each year, capitalization is going to pile up let them have 50% controlloan no longer than 36monthspreexisting condition not coveredFinancial Gift Cliffdon't use allowance as bribehigh premiumsUS Tax CodeMarlo ThomasCNBCreferrals loan big picture pay down car loanemergency fund lousy investmentalways use all paid time offsmall changes emotional stakesCommencementmonthly benefit buy home you can affordgraduationvalentines dayExhibitionunsubsidized Stafford loanPersonal Financedon't charge a pennydangerous retirement planForeclosureclosing feesoverspend on dining outThe Suze Orman Showvalue moneyWashingtonbreakdown projected monthly housing costnear historic lowsreduce monthly paymentFICO Scorechildren under 18Motherautomatic paymentdepreciating asset four steps to retirement savings home loan credit score below 740 no fee transferworst financial mistakemultiple lendersOverspendingcredit cardtake actionPay Off Debt Before Retirementdon't spend Alarm ClockHDHP's are not badautomatic withdraw to savings don't do five year car loanRetirement SavingsFinancial Solutions For Youlow credit scoreUniversity of Floridadon't extend mortgage 10 year repayment plan insurancekid borrow firstletter to suzeCredit Card Rate IncreaseMoney Marketget the most out of social security HDHP's are good for youearn allowancefederal student loan deferment savings pleasureFinal Goodbyewives should be involved in retirementAmericans don't use all paid vacation timeHSA tax savingscnbc alarm clockConventional loan PMIunder 18 financial giftmental health3 savings buckets is it true? overcome financial fearsWarner Bros Television Groupstandard deduction rent vs buyhousing marketshop online guaranteed level term policydental discount planno private loanpoint cost offset by savingscalculate dependents annual income needsGraceUrbana-ChampaignbudgetHDHP's401Kbe kind to yourselfRichloan is giftapproved medical 100% tax-freeStudent LoanStudent Debt Crisisloan necessitythree year car loancommunity collegedental insurance standard ratecut monthly cellular billwomen outlive menSchool of Social Work50 over 503% debt transferred AARPhome buying mistakeswomen longer life spanhigher insurance deductiblecompare monthly expensesmobile appinsurance yearly reviewChanging LivesFinancial AdviceIRA contribution gifted money!00% tuition paidtaxesFinancial Awareness Video Festivalpercentage men widowed 75-84Durable Power of Attorney for Health Carebe good exampleEmergency Savingsjanuary billsdream schoolYoung Adult refinanceage appropriate choreMoney-Savingis it necessary?don't derail retirement savingswaive home inspection bidlearn good financial choicesloved ones dependent on incomeone credit cardemergency fund savingsstore credit cardspush yourself to save more for retirementno retirement funds for down paymentpresident ObamaMortgage Credit Availability Indexat worst still pay 75% benefitpay credit debt ASAPtraditional vs roth 401(k)can you afford itpercentage of women widowed 75-84mortgage interest tax deductionpublic service loan forgiveness programSuze Orman Scholarshipsame sex marriage band end FloridaLTC shoppingbetter loan ratesteach importance of helping othersFinancial Cliffderailed plan

View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2016 Suze Orman Media Inc. All rights reserved.
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel