For Used-Car Shoppers, Cash Will Be King

18 States With Scary Death Taxes | $1-Billion Powerball Jackpot Will Come with Huge Tax Bill | Want Cheap Stocks? Look to the UK Created for {EMAIL} | [Web Version]( October 31, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] CARS [] [For Used-Car Shoppers, Cash Will Be King]( In the market for a car? There are a few hopeful signs for buyers as the end of the year approaches, and we see prices for used cars falling further in 2023. But for buyers who must borrow, it’s a different story. Rates on used-auto loans are now 9.2%, with an average term of 70 months. High interest rates are keeping some would-be buyers out of the market altogether, but are mostly having the effect of driving more buyers from the new to the used-car market because of affordability issues. [READ MORE]( [Our Experts Chose The Best Travel Rewards Cards]( Using the right airline credit cards can open up a world of travel that would be otherwise unattainable. [READ MORE]( ADVERTISEMENT: [] ESTATE PLANNING [] [18 States With Scary Death Taxes]( [18 States With Scary Death Taxes]( (Getty Images) Most people shouldn't be afraid of federal "death taxes." For 2022, only estates worth $12.06 million or more ($24.12 million or more for a married couple) are slashed by federal estate taxes, and only a small percentage of Americans have accumulated that much wealth. But don't feel too comfy if your assets are below the federal estate tax threshold — a tax bill from your state could be lurking in the shadows. [READ MORE]( [] TAXES [] [$1-Billion Powerball Jackpot Will Come with Huge Tax Bill]( Whoever wins the Powerball lottery jackpot can opt to receive the payout in one of two ways. They can receive the prize as an annuity, which would be paid in thirty graduated payments over twenty-nine years, or they can receive the prize money in a lump sum payment. And while $1 billion is a bunch of money and $497.3 million is a lot of cash, Monday’s lucky Powerball lottery winner (if there is one) will also be looking at some hefty tax bills. One from Uncle Sam and another, depending on where the Powerball winner lives, from their home state. [READ MORE]( [Vanguard Can Help you Keep More of Your Returns]( At Vanguard, we're invested in you. Which is precisely why we've created Vanguard Personal Advisor Services®, providing remote access to financial advisors, real-time goal tracking, and more confidence you'll meet your goals. [There's never been a more perfect time to get started.]( ADVERTISEMENT [] Also on Kiplinger [] [Free download, The Kiplinger Letter forecast](. No information required from you. - [Want Cheap Stocks? Look to the UK]( - [Best Buy Releases Black Friday Deals Early. (Like, Now.)]( - [What Are I-Bonds?]( - [Financial Freedom in Retirement Is All About Cash Flow]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005