For women who make socially conscious purchases, you may want to consider the findings of this automotive survey administered by the Rainbow Push Coalition.
Rainbow Push and The Citizenship Education Fund surveyed the major auto manufacturers with respect to diversity. The results were fittingly announced on January 15th, Martin Luther King’s birthday, during the North America International Auto Show in Detroit. For the first time, a survey has been developed to record a manufacturers success at building and sustaining ethnic diversity and inclusion.
Go to: SheAuto for the survey findings.
While financing a car for 7 to 8 years may save a few bucks on your monthly budget, some think it to be one of the worst financial decisions you could ever make.
“You will be under water on your loan almost as soon as you drive the car off the lot,” says Alec Gutierrez, senior market analyst for Kelley Blue Book. Clark Howard agrees and suggests a car should be financed no longer than 42 months.
Read more of what experts are saying: