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Considering a pre-owned vehicle instead of a brand-new model? Going used is generally a good idea but you may want to think twice about the decision because prices are creeping upward.
We all know the economy is struggling; the stock market may be up but many Americans are still toughing it out, so it’s no surprise that a lot of people are unable to afford new vehicles.
With 3.2-million new cars and light trucks leased last year in the U.S., a flood of lease returns are expected to hit the used car market in the coming years.
After five years of consistently rising prices, used cars should get cheaper this year according to economists from the National Automotive Dealers Association.
Thanks to all the end-of-the-year deals on new cars, buying used might not always be cheaper.
You might remember when Danny DeVito played Mr. Wormwood in the 1996 film adaptation of “Matilda.”
Thanksgiving is a holiday that’s typically spent with family eating turkey and stuffing, but for many Americans, it’s all about the Black Friday deals.
The trend of falling used car prices will continue into 2014, thanks to an increase in vehicle volume and the number of retired-rental and repossessed vehicles returning to the market.
The U.S. Department of Energy and the EPA have released a new online tool to print your own window sticker showing off your vehicle’s fuel economy figures.
Buying a used vehicle is always risky. Even if it’s certified, inspected and under warranty there’s no telling how the previous owner (or owners) treated it. In addition to lackadaisical maintenance water damage is a major issue to be concerned with as well.
Exploring CPO Cars Behind the Wheel of a 2010 Porsche 911 Targa 4S
Used car shoppers need to be especially wary of “great deals” found in used car listings.
That used car you have your eyes on may soon become available as used car prices continue to drop this year. Continue Reading…
Upcoming corporate average fuel economy (CAFE) standards mandate that new vehicles sold in 2025 and beyond will need to get an average 54.5 mpg, a standard that aims to save the U.S. 2.2-million barrels of oil per day.
To Frugality and Beyond!
Fuel economy is a major purchase consideration for new-vehicle shoppers; in fact it’s the No. 1 thing they look for in a car or truck. Consumers continue to demand ever greater mileage, and so does the federal government. Washington keeps turning up the wick on its Corporate Average Fuel Economy (CAFE) regulations. In response to these stimuli automakers are working day and night to improve the efficiency of their products.
You’ve finally found your perfect car online: low mileage, perfect price and it looks great. But there’s a catch, it’s sold with a salvage title. Should you still go for it?
The “redneck” comedian Jeff Foxworthy used to joke about how safe of a driver his grandmother was, but as soon as she got behind the wheel of a rental car, all bets were off. It’s a commonly held belief that motorists abuse borrowed vehicles, taking out pent-up aggression on hired Impalas from Hertz. When it comes to buying a used car are second-hand rentals a smart choice, or something to be avoided like a holiday in North Korea?
Used vehicles prices are set to drop over the next 12 months by between 4 and 5 percent according to industry analyst group ALG.
Trading up for the newest model used to be the norm, but a faltering economy and widely improved reliability are both stretching how long consumers keep their cars.
It’s been a strange year for the used car market so far. Prices were skewed higher than they normally would be after fewer used cars came in off lease than past years and demand for fuel efficient cars also rose with heightened gas prices.
Taking your time and researching can reap big rewards when it comes to purchasing pre-owned vehicles.
To some, the very notion of purchasing a used car can send them running for the hills, but as with anything else, provided you do your homework, the vehicle you choose can save you thousands of dollars over that new one in the showroom, without proving to be a money pit.