A car's value can depreciate by up to 20% in its first year, according to Kelley Blue Book. If you're leasing or financing a vehicle, you could find yourself in a situation where the balance on your ...

Gap insurance: Is it needed when buying a new car? There’s nothing quite like the feeling of driving a brand-new car off the lot. The spotless interior, the gleaming paint, the distinctive “new car ...

About one in five motorists lease rather than own their car, according to data from Cox Automotive. Leasing can mean less money down and lower monthly payments than with a financed vehicle — not to ...

You're driving off the lot in a new car — but the second you do, its value starts to drop. If you get into an accident or your car gets stolen in the first year or two, your auto insurance might not ...