When you purchase a new vehicle the minute you drive it off the lot the value of the vehicle depreciates, up to 30% depending on the make and model. If you purchase a vehicle and finance it with less than 20% down you just might be upside down the minute you drive your new vehicle off the lot. If you have the misfortune of totaling the car you could be on the hook for the difference in the depreciated value and the amount you owe on your loan. Gap Insurance covers this negative equity balance.

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Age has a major impact on your car insurance costs. See how age affects your auto insurance and what you can do to lower these car insurance costs.

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When setting up our family budget, I thought we were spending a bit too much on auto insurance premiums. Here are my top 10 tips to save on auto insurance:

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Auto insurance can be very costly or it can be very affordable. There are a few different factors that will determine your monthly cost.

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8 things that will ratchet up your auto insurance rate.

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