Last month I blogged about the National Foundation for Credit Counseling's Mortgage Reality Check. They've released the latest results.
Things are not getting better.
78 percent of the respondents said they had trouble sleeping because of worry about their current financial situation, the possibility…
Budget Extra If You Own A Car In These 5 States
Edmunds.com, an auto Web site where you can figure out how much your car's worth, just announced which states cost owners the most and least to own a car. The company tracked costs including depreciation, financing, taxes, insurance, fuel and maintenance, then added them all up. Hawaii ranks as the…
What's Toyota Doing In This Commercial?
I like Toyota cars as much as anyone, but the company is running a new commercial that seems to encourage insurance fraud.
The ad shows a guy shoveling a huge amount of snow on top of his already buried car. Clearly, he's waiting for something. The next thing you see, a huge snowplow slices his car…
Congress Ups Auto Fuel Economy To 35 Miles Per Gallon
As mentioned on the Clark Howard Show:
Congress voted this week to raise the fuel efficiency for cars to 35 miles per gallon by the year 2020. That's a 40 percent increase.
Democrats estimate the requirements will save motorists $700 to $1,000 in fuel costs.
The bill also requires increased ethanol use…
IRS Increases Business Mileage Reimbursement Rate
If you track your mileage for taxes this will interest you.
The U.S. Internal Revenue Service just announced the mileage rates for 2008, which go into effect New Year's Day.
You can deduct 50.5 cents for each mile used for business; 19 cents per mile for medical or moving purposes; and 14 cents per…
Sign Up For Notifications Of Auto Recalls
While it might be a little late for you to get direct notification about the recall of 2002 Altimas and Sentras as well as 2005-2006 models with 2.5 liter engines, you can sign up to get notified about recalls if you own a Nissan.
Here's the link: www.nissanusa.com/apps/recall.
And on a general note…
We're talking about the economy today on the Ilyce Glink Show.
I find I'm confused why the stock market is at 13,895, nearly at its all-time high, while gold is also at an all-time high, and a barrel of oil is nearly at an all-time high (at $83 per barrel). Meanwhile, consumer confidence is holding…
What's A $1.6 Million Car Look like?
If you've got an extra bundle lying around, here's a purchase you might want to make for someone special this holiday season. Bugatti's newest entry into the car market is the spiffy Veyron, at $1.6 million. It has 1,001 horsepower (about 9 times my Honda Accord) and goes 0 to 60 in 2.5 seconds. Oh…
I've been saying it for years: If you can keep a car for at least 10 years, you'll easily save $100,000 to $200,000 more over your lifetime.
Now, Consumer Reports has weighed in. According to their 2007 Auto Online Survey, "When comparing the costs of buying and keeping a car for 225,000 miles over…
Offers Of Help From A WSB Listener
"Dear Ilyce:
I listen to your show on WSB radio often. You're great!
But at least three times, I've been listening as you bashed Honda for the problems with your 4 year old minivan (an Odyssey?), from an intermittent mechanical or electrical problem to what it costs to fill the tank ($ 65) to the…
