Category: Car Buying Tips
Articles all about how to buy a used car.
Why Lease Deals Vary by Region
If you’ve been in the market for a new vehicle lease, you may have noticed that the deals offered often differ by region. While this can sometimes seem puzzling, it’s rooted in a range of factors, from market demand to…
Car Depreciation: What Every Car Buyer Needs to Know
This article was rewritten since it was initially published in 2015. Mention “car depreciation” to a novice car buyer, and you might get a yawn in response. While it’s not the most thrilling topic, understanding depreciation is crucial when purchasing…
Advantages and Disadvantages of Flipping Cars
Buying and selling cars is not just the domain of car dealers. Individuals with a strong interest in automobiles and mechanical knowledge are also active in this market. These enthusiasts are skilled at purchasing vehicles at low prices, often through…
Defining a Certified Pre-Owned Car (CPO)
A certified pre-owned (CPO) car is a used vehicle that has undergone a rigorous inspection and refurbishment process to meet specific quality standards set by the automaker. These cars are usually in better condition and come with additional warranties compared…
How a Car Broker Can Secure Your Next Vehicle
For anyone diving into the often-tricky world of car shopping, a car broker can be a game-changer. These pros cut through the confusing world of buying a car, bringing savvy and negotiation skills that often mean big savings and a…
How to Save Money for Your Next Ride
Purchasing a car involves more than merely selecting a make and model; it also requires careful financial planning and strategizing. Whether you’re drawn to a sleek new vehicle or a dependable older model, knowing how to save for the down…
Shopping for a Vehicle: Dealership vs. Online Buying
In the age of the internet, purchasing a vehicle has never been more accessible. But should you head to the dealership or click through to an online sales platform? Let’s explore the benefits and drawbacks of both approaches. Buying at…
Understanding Dealer Handling Fees
When you’re buying a car, dealer handling fees are those extra costs that come with the purchase. It’s good to have a clear picture of these fees before you finalize the deal. Let’s break down what you should expect, what…
Online Car Buying Tips and Tricks
In recent years, the automotive industry has seen a significant shift in consumer behavior, with an increased number of people turning to online platforms to purchase cars. This novel approach to car buying offers convenience, transparency, and the ability to…
Used Car Checklist: What Dealers Inspect
If you are looking to buy a used car, it’s likely that you will end up buying one from either a new car dealership or a dedicated used car dealer. Both types of dealerships have a decent variety of used…
Everything You Need to Know About Car Warranties
Purchase a new or used vehicle and a warranty accompanies most purchases. If the vehicle is new, the manufacturer supplies a set of warranties. If the vehicle is used and purchased through a dealership or used car lot, it may…
Advantages and Disadvantages of Purchasing a Rental Car
With new car prices shooting through the roof, consumers would do well to examine their used vehicle options. One of the more popular choices is rental car vehicles owned by Hertz, Avis, Enterprise, and others. A rental car is typically…
How to Win at Car Auction
Car dealers understand that turning over inventory quickly is the key to profitability. Adding cars to your inventory and finding satisfied customers to purchase them means you are doing your job. However, when inventories run low, your sales will suffer,…
The Perks of Buying a Used Car Instead of a New One
Buying a new car can be an expensive decision, and many people wonder if there’s some way to cut costs by buying a used car instead. Lucky for you, the answer is yes! There are plenty of perks that come…
Gap Coverage May Save You Thousands of Dollars
Here’s a thought: you buy a new car and within months it is stolen or totaled following an accident. You believe that your insurance coverage is excellent, but are soon rudely awakened when your finance company sends you a bill…
Car Loan Essentials & Requirements
If you are in the market for a new car, most likely you will finance one. After all, few people can come up with the funds necessary for an all-cash deal. Financing, though, is fairly straightforward. This means there are…
What is a Program Car?
What is a program car? That’s a good question and it is a term that is unfamiliar to most consumers. In brief, a program car is a used vehicle, one that was used by a car dealer for an executive…
Dealer Markups and How to Avoid Them
With the semiconductor shortage throwing a wrench into supply chains, manufacturers are dealing with uneven inventories nearly across the model range. We saw this problem arise in 2020 due to the global pandemic, then worsen in 2021. For 2022, the…
Why Are Cars So Pricey?
Cars and why they cost so much. Have you seen the prices of new cars lately? They’re downright expensive and that fact means fewer Americans can afford them. The average transaction price for vehicles sold reached $46,329 in November 2021,…
How to Avoid Overpaying on a Used Car
Used car costs and how to save money on your purchase. Prices for new cars are up by more than 30 percent over the past year, according to separate reports from iSeeCars.com and Consumer Reports. The increase is staggering, brought…