The sorry state of the economy the past couple of years has actually led to higher prices for used cars, writes Kiplinger. That’s because more people started buying used cars, which tightened the supply while also reducing the number of fresh trade-ins. It may be a couple of years before prices drop again, but Kiplinger has some suggestions for saving money if you plan on buying a used car this year.
Hopefully most of you know better than to ever accept a check from a stranger, but I think it’s always good to share horror stories like this one to remind people of why it’s a bad idea. The problem is, if you deposit a check that turns out to be fake, you’re the one who will be held responsible for it. Unlike credit card theft, there’s no law or rule in place to protect you from check fraud or advance fee fraud–and your bank doesn’t want to be left holding the bag any more than you do.