I'd recommend a reputable auction. I use Musser Brothers (I have no affiliation or kickbacks or skin in them) and have been pretty happy. I just bought a used car for $4600 and it runs great. Donate your $5500 to charity and use the write-off to help subsidize a portion of a new used vehicle from a reputable auction house. Be smart on bidding but there are good deals to be had if you are a bit patient.
I've invested a big portion of my assets in so-called "XX" funds that are short-term money market funds. I'm very happy with the 4+% return they have yield over the last 3 years or so. Core Bond funds are typically a waste of time.
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I'd recommend a reputable auction. I use Musser Brothers (I have no affiliation or kickbacks or skin in them) and have been pretty happy. I just bought a used car for $4600 and it runs great. Donate your $5500 to charity and use the write-off to help subsidize a portion of a new used vehicle from a reputable auction house. Be smart on bidding but there are good deals to be had if you are a bit patient.
Post: I Need Car Advice
Link to comment from January 28, 2025
I've invested a big portion of my assets in so-called "XX" funds that are short-term money market funds. I'm very happy with the 4+% return they have yield over the last 3 years or so. Core Bond funds are typically a waste of time.
Post: Lessons you have learned from articles by Jonathan Clements
Link to comment from January 28, 2025