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Residual Value

by Flexo

I like to see this as vindication for my purchase… Honda has been named by the Automotive Lease Guide as being the best brand for residual value for the second year in a row. That means its cars hold its value over time. However, if the results are divided into categories, the Nissan Altima displaced ... Continue reading this article…

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Honda Civic Hybrid Has Best Gas-Mileage

by Flexo

According to the Environmental Protection Agency, the Honda Civic Hybrid beats out the Toyota Prius for best gas-mileage (61 mpg city/66 mpg highway versus 60/51). The non-hybrid Civic is the best gasonline-only vehicle with 36/44. In my driving experience with my manual-transmission 2004 Honda Civic LX, I usually get between 32 and 37 mpg, and ... Continue reading this article…

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Auto Insurance – Yikes!

by Flexo

When I had my 1997 Honda Civic, and with an excess of points from my “wild and crazy” days that I’m waiting to drop off my record, my auto insurance premium was already high. I don’t have the policy in front of me, but it was around $3,400 per year. In June, I purchased a ... Continue reading this article…

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How To Excessively Spoil Your Kids

by Flexo

F.A.O. Schwarz (website, like the company, being restructured) is a children’s toy retailer. Perhaps you have heard about their bankrupcy. The company’s new strategy is to market toys to the children of the superrich. This item on the right is a toy Mercedes, with the price tag of $15,000. My Honda Civic didn’t cost much ... Continue reading this article…

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Financial Update – July

by Flexo

I’ve been through many changes in the past few months. As you might have read below, I stopped working at my former corporate job and began working as a high school teacher, hence the pause in my 401(k) increases. During the summer, I am working part time at my old job and considering whether I ... Continue reading this article…

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Upside-down Cars

by Flexo

If you bought a new car recently and didn’t pay cash, chances are pretty good you’re driving a vehicle you can’t afford. Having a car requires more money than the dealers let you believe. Edmunds.com features a True Cost To Own worksheet that calculates some costs you may not be thinking about when you go ... Continue reading this article…

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