It is not uncommon for your auto servicing agent to offer you a prepaid maintenance plan where you pay a fixed amount upfront and do not pay cash for a good number of years for your servicing requirements. Obviously, on paper, the deal is enticing. It might even seem necessary if are...

Down payments on your new used cars act like assurances to the finance houses that you are indeed capable of buying a car. To you, it reduces your net loan amount and also the monthly installments that you are required to pay. All these seem to work perfectly fine until the actual...