Catholic Federal Credit Union Financial Fitness Blog

Buying A Used Car

Posted by Meaghann Janze, Loan Representative on May 20, 2016 9:34:50 AM

You've probably heard that a car is the second-largest purchase the typical American makes after their home, but that's not really true.  It might seem like it, since the median home price in the U.S. was just under $190,000 last year, while a new Honda Civic starts at about one-tenth as much.  When you look a little deeper, though, you'll probably only ever own one home at a time, and when you sell it, you'll get your money back. You might even make a profit on the sale.  

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Topics: auto, auto loan, used cars

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