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Philip Reed

Philip is an automotive expert who writes a syndicated column for NerdWallet. He has appeared on national TV and radio and once wore a hidden camera for ABC News to show how to haggle for a used car. His passion is helping people save money in their automotive budgets.

The latest from Philip

A New Car Under Sticker? It’s Possible — but Not by Much

Buying a discounted car isn’t as easy as it once was, but there are still ways to save.

Why Are There No Cheap EVs?

EVs usually come with a higher price tag, but the incentives and maintenance costs often will balance it out.

Is Car Leasing Dead?

Leasing isn't as common as it used to be. Is it still a good way to finance a new car?

Is Car Flipping Worth It?

There’s a new way to flip cars — order a vehicle from the factory to lock in the price and sell it at a profit after it arrives.

The High Cost of Smoking in Your Car

Smoking is bad for your health, but it’s also bad for your car’s resale value, which can be reduced by hundreds of dollars.

How Big Wheels Cost You Big Time at the Pump

Big wheels and tires can add pizazz to your car, but they aren't the best option for your wallet.

Is Buying a Car a 2-Person Job?

Bringing a friend to buy a car isn't a bad idea — unless they don't provide the right support.

How to Buy a Cool, Cheap Imported JDM Car

Tiny '90s-era Japanese imports are having a moment. Here's what you need to know.

When Your Kid Wants to Buy a Car, Don’t Take a Back Seat

Start with some ground rules to establish boundaries when your teen is ready to buy a car.

3 Ways to Save After Buying a Car

You can cancel some dealer extras, refinance your loan and shop for insurance.

When It Comes to Your Car Contract, the Devil Is in the Details

Avoid bogus fees and additional charges in your car contract by reading carefully before you sign.

Why Many New Cars Are Cheaper Than Used

Due to the lack of new-car inventory, the average used car now costs more than a new one.

Ending Your Car Lease Is Tricky, But Can Still Pay Off

Despite dealers and carmakers making it harder to buy leased cars, you can make the most of your car's equity.

Can the Car Dealership Really Do That?

Car dealers are loading cars with extras and refusing to negotiate the price — and many have the right to do so.