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Not to put a damper on your dream of having a flashy sports car, but there are a number of factors that will limit your choice.

By MSN Money Partner Mar 15, 2012 9:14AM

This post comes from Rob Berger at partner blog The Dough Roller.

 

The Dough Roller on MSN MoneyI've been talking to my children about finances a lot lately. As they near high school graduation -- one senior, one junior -- I grow more and more concerned about their ability to handle money. And last week the talk centered on how much you should spend on a car.

 

Why am I worried? Well, my daughter wants to buy a black Cadillac Escalade and my son talks a lot about a Lamborghini. Now, this could well be just teenage talk, much of which makes absolutely no sense anyway, but I'm still worried. And this got me to thinking about the cost of buying and owning a car.

 

Penny auction sites have a somewhat dodgy -- but deserved -- reputation, but here's one that could actually snag you a deal.

By MSN Money Partner Mar 14, 2012 5:27PM

This post comes from Matt Brownell at partner site MainStreet.

 

Penny auction websites get a bad rap, and for good reason.

 

The sites often advertise the potential to score pricey consumer electronics at a deep discount -- think iPads for $80, for instance -- but the downside is that unlike a traditional auction, you have to pay every time you bid. So while there is indeed a chance a lucky winner will be able to outlast the competition and get a very cheap iPad or other merchandise, there are also going to be a lot of losers who shelled out cash and got nothing in return.

 

It's a business model that has sparked allegations of deceptive marketing and complaints to the Better Business Bureau.

 

But a new site, You Never Lose, introduces the concept to gift cards, and does it in a way that removes one of the more problematic aspects of penny auctions: the potential for financial loss.

 

A California dealership will take back the $62,000 convertible after the man's sister hired an attorney to challenge the sale.

By Giselle Smith Mar 14, 2012 5:02PM

Without admitting wrongdoing, a car dealer in Petaluma, Calif., has agreed to take back a $62,130 convertible it sold in December to a 70-year-old man suffering from dementia.

 

The owner of the Nissan dealership, Greg Dexter, said that publicity from the case had resulted in death threats against him, according to The Press Democrat.

 

On the heels of star-endorsed prepaid cards comes at least one new website. Will more follow?

By MSN Money Partner Mar 14, 2012 3:15PM

This post comes from Matt Brownell at partner site MainStreet.

 

Are you sick of seeing celebrity-endorsed prepaid cards from the likes of Kim Kardashian and Suze Orman? Well, get ready to hate another trend in celebrity personal finance products that might be on the horizon: the celebrity deal site.

 

For now, we've seen just one: the recently launched TMac's Deals, endorsed by NBA veteran and seven-time All-Star Tracy McGrady.

 

Car loan interest rates continue to drop, and by refinancing, borrowers can lower their rate and in turn their monthly payment.

By MSN Money Partner Mar 14, 2012 1:38PM

This post comes from AnnaMaria Andriotis at partner site SmartMoney.

 

SmartMoney on MSN MoneyMortgages aren't the only loans consumers are refinancing: A growing number of borrowers are reworking the terms of their car loans.

 

Consumer applications to refinance car loans increased nearly 30% in January, to roughly 2,500, compared with a year ago, according to LendingTree.com's latest data based on the lenders in its network. The growth in refinancing is outpacing that of loan applications to purchase cars, which rose 10% in January and 15% in the fourth quarter.

 

A dental insurer believes 'the value of a lost tooth is closely related to the U.S. economy.' What does it mean that the going rate for a baby tooth dropped 17% in the past year?

By Stacy Johnson Mar 14, 2012 12:46PM

This post comes from Brandon Ballenger at partner site Money Talks News.


Money Talks News on MSN MoneyHere's an economic indicator you probably never thought about: the tooth fairy.


For more than a decade, a dental coverage network called Delta Dental has been surveying families about their visits from the famous collector of baby teeth. And they've found something to chew on.

 

Face the facts and commit to going no further into debt. Two bold steps will help.

By MSN Money Partner Mar 14, 2012 10:29AM

This post comes from Matt Bell at partner blog Wise Bread.

 

Wise Bread on MSN MoneyHaving once had $20,000 of credit card debt, I know what it feels like to face a Goliath-size stack of bills. Fortunately, I also know the joy of victory over the debt giant.

 

Here's how to wage a successful war against your debts.

 

A new survey says that only 14% of US workers feel very certain they'll have enough money to retire comfortably.

By MSN Money Partner Mar 13, 2012 4:44PM

This post comes from Margaret Collins at partner site Bloomberg.

 

Bloomberg on MSN MoneyAbout 60% of U.S. workers said they have less than $25,000 in savings and investments, according to a new Employee Benefit Research Institute survey.

 

Workers' confidence in their ability to retire remains historically low, with about 14% saying they were very certain they'd have enough to live on comfortably, according to the report released Monday by EBRI, a Washington-based nonprofit that studies employee benefits. That compares with a high of 27% in 2007.

 

"People get the fact they shouldn't be optimistic, but instead of saying 'I'm going to save more today,' they just say 'I'm going to defer my retirement age once I get to 65,'" said Jack VanDerhei, EBRI's research director and a co-author of the study.

 

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