Finance

Jul 21 2017

Depreciating Darlings: The 10 Best Used-Car Bargains #used #auto #parts #online

#best used cars # Depreciating Darlings: The 10 Best Used-Car Bargains As soon as a brand new car leaves the dealer’s lot, the depreciation phenomenon commences. There are plenty of reasons to spring for a new car with an empty odometer, of course. They come with great warranties, include the latest technologies, offer the buyer peace of mind with regard to the vehicle s history, and, naturally, they come with that wonderful new car smell. However, to paraphrase Benjamin Franklin, “In this world, nothing can be said to be certain, except death and taxes and your new car depreciating as …

Jul 15 2017

Used-Car Prices Surging – CBS News #auction #cars #for #sale

#used car prices # Used-Car Prices Surging Last Updated Apr 29, 2011 9:51 AM EDT Used car prices have surged again in April, especially for gas-sipping models. A combination of rising gas prices and a disruption of the supply of cars and parts from Japan has added as much as 7% in April for used models like Honda Civic and Toyota Corolla. It is a poor time to buy fuel-efficient used cars but maybe a good time for trading in your old car. The price statistics come from Jonathan Banks, executive auto analyst for the NADA used car guide, a …

Jul 15 2017

Falling used-car prices roil the auto market #auto #body #parts #online

#used auto prices # Falling used-car prices roil the auto market Stuart Ramson, AP Greg Signore, owner of Elm Auto Sales, is pictured at his used car business in Kearny, N.J. in 2009. Greg Signore, owner of Elm Auto Sales, is pictured at his used car business in Kearny, N.J. in 2009. less Used-car prices are sliding, a boon to penny-pinchers, but troubling for new-car sales. The auto industry sales recovery in recent years means millions of used cars, many coming off lease, are starting to flood the market. The result is a decline in used-car prices that zoomed sky-high …

Jul 10 2017

Why used-car loans are clunkers #nissan #car

#used car loans # AnnaMariaAndriotis Consumers shopping for a used car worry they’ll end up with a lemon, but they are more likely to be saddled with a clunker-like loan. Used-car buyers accounted for 62% of all the car loans originated during the second quarter of this year, according to data from credit bureau Experian. And these borrowers are driving away with interest rates that can be double what they would pay on a new-car loan. They also likely owe a lot more on the loan than what the car is worth. Shutterstock.com Interest rates on used-car loans averaged 8.56% …

Jul 4 2017

How to Get a Used-Car Warranty (and Not Get Screwed) #auto #finder

#auto warranties # How to Get a Used-Car Warranty (and Not Get Screwed) Getting a little peace of mind when you buy a preowned car isn’t always easy. We help you navigate certified preowned warranties, aftermarket alternatives, and not voiding your coverage. Anderson’s math helps guide IntelliChoice’s Best Overall Value of the Year Awards. But the real reason data like his matter to you is that it shows the differences in warranties that various automakers offer on preowned cars both CPO vehicles and other used autos. Figuring out whether to buy a warranty on a used car, or how to …

May 30 2017

Buying Peace of Mind: How to Buy a Used-Car Warranty #where #to #buy #used #cars

#buy a used car # Buying Peace of Mind: How to Buy a Used-Car Warranty A certified pre-owned car with a warranty provided by the manufacturer is the safest bet in the used-car world. But if you’re not buying a CPO car from a franchise dealer, can you still get a warranty? Yes, but buying one can be tricky. The fact is, we all hope to find a company that will warranty a used car with 150,000 miles on it, sight unseen. But such companies don’t exist because there’s no way they can, as an example, buy everyone a new …

May 13 2017

Why used-car loans are clunkers #used #car #websites

#used auto loan rates # AnnaMariaAndriotis Consumers shopping for a used car worry they’ll end up with a lemon, but they are more likely to be saddled with a clunker-like loan. Used-car buyers accounted for 62% of all the car loans originated during the second quarter of this year, according to data from credit bureau Experian. And these borrowers are driving away with interest rates that can be double what they would pay on a new-car loan. They also likely owe a lot more on the loan than what the car is worth. Shutterstock.com Interest rates on used-car loans averaged …

Dec 10 2016

Why Used-Car Prices Will Stay High #car #shipping #rates

#used cars values # Why Used-Car Prices Will Stay High By Kelsey Mays May 23, 2012 Mike Hogan didn’t expect much for his trade-in, a 13-year-old stick-shift Subaru Forester SUV with 129,000 miles on the odometer. He’d have been happy with $1,500. The dealer offered $2,750. “I suppose I undervalue my used cars because I drive them for so long,” said Hogan, a 49-year-old who is the director of a domestic violence program in suburban Milwaukee. He handed over the Forester, his wife’s car, last January and bought her a brand-new Kia Soul, a car that starts at $13,900 and …

Dec 2 2016

A Field Guide to Independent Used-Car Lots #fiat #cars

#used car lots # A Field Guide to Independent Used-Car Lots 1 of 3 To the untrained eye, most used-car lots look alike. But if you use this handy field guide, you can identify some of the different species so you can stalk and capture your prey a great used-car deal. A new-car dealership is often a good source of used cars, but it is different from an independent used-car lot in several important ways. A new-car dealership is more easily held accountable for its sales practices because it is a franchise, answering ultimately to the carmaker. Furthermore, the new-car …

Nov 16 2016

Why Used-Car Prices Will Stay High #adavance #auto

#used car prices # Why Used-Car Prices Will Stay High By Kelsey Mays May 23, 2012 Mike Hogan didn’t expect much for his trade-in, a 13-year-old stick-shift Subaru Forester SUV with 129,000 miles on the odometer. He’d have been happy with $1,500. The dealer offered $2,750. “I suppose I undervalue my used cars because I drive them for so long,” said Hogan, a 49-year-old who is the director of a domestic violence program in suburban Milwaukee. He handed over the Forester, his wife’s car, last January and bought her a brand-new Kia Soul, a car that starts at $13,900 and …

Nov 12 2016

A Field Guide to Independent Used-Car Lots #auto #supply

#used car lot # A Field Guide to Independent Used-Car Lots 1 of 3 To the untrained eye, most used-car lots look alike. But if you use this handy field guide, you can identify some of the different species so you can stalk and capture your prey a great used-car deal. A new-car dealership is often a good source of used cars, but it is different from an independent used-car lot in several important ways. A new-car dealership is more easily held accountable for its sales practices because it is a franchise, answering ultimately to the carmaker. Furthermore, the new-car …

Nov 8 2016

How to Get a Used-Car Warranty (and Not Get Screwed) #trade #in #value #car

#find a used car # How to Get a Used-Car Warranty (and Not Get Screwed) Getting a little peace of mind when you buy a preowned car isn’t always easy. We help you navigate certified preowned warranties, aftermarket alternatives, and not voiding your coverage. Anderson’s math helps guide IntelliChoice’s Best Overall Value of the Year Awards. But the real reason data like his matter to you is that it shows the differences in warranties that various automakers offer on preowned cars both CPO vehicles and other used autos. Figuring out whether to buy a warranty on a used car, or …

Nov 6 2016

Depreciating Darlings: The 10 Best Used-Car Bargains #discount #auto #tires

#best used cars # Depreciating Darlings: The 10 Best Used-Car Bargains As soon as a brand new car leaves the dealer’s lot, the depreciation phenomenon commences. There are plenty of reasons to spring for a new car with an empty odometer, of course. They come with great warranties, include the latest technologies, offer the buyer peace of mind with regard to the vehicle s history, and, naturally, they come with that wonderful new car smell. However, to paraphrase Benjamin Franklin, “In this world, nothing can be said to be certain, except death and taxes and your new car depreciating as …

Oct 29 2016

NADA: Used-Car Price Dip Not Sign of Overall Decline #used #car #valuation

#used car prices nada # NADA: Used-Car Price Dip Not Sign of Overall Decline By Matt Schmitz June 12, 2013 Despite May’s 2.1% month-over-month dip in the average price of used cars and light trucks — the largest in seven months — the National Automobile Dealers Association says the used-car market is stable. According to the June edition of the NADA Used Car Guide, the average trade-in price for used cars and light trucks up to 8 years old slipped only $57 to $15,263 in May compared with the same period a year ago. “A growing supply of 3-year-old vehicles …

Oct 3 2016

An Online Tune-Up for the Used-Car Marketplace – The New York Times #for #sale #cars

#online car sales # An Online Tune-Up for the Used-Car Marketplace Linda Lo tried shopping for a car in the usual way, and like everyone else, she hated it. Ms. Lo, 24, is a manager at an online freelance placement company and has been in the market for a used car for more than a year. She tried Craigslist, but found it difficult to trust strangers on the site. Car dealerships were worse. The sales employees were either inattentive or cloying, the finances opaque, and the whole process was time-consuming and inconvenient. At one dealership recently, a salesman asked Ms. …

Oct 2 2016

How to Get a Used-Car Warranty (and Not Get Screwed) #used #cars #dealership

#find a used car # How to Get a Used-Car Warranty (and Not Get Screwed) Getting a little peace of mind when you buy a preowned car isn’t always easy. We help you navigate certified preowned warranties, aftermarket alternatives, and not voiding your coverage. Anderson’s math helps guide IntelliChoice’s Best Overall Value of the Year Awards. But the real reason data like his matter to you is that it shows the differences in warranties that various automakers offer on preowned cars both CPO vehicles and other used autos. Figuring out whether to buy a warranty on a used car, or …

Oct 1 2016

Buying Peace of Mind: How to Buy a Used-Car Warranty #goodwill #auto #auction

#buy a used car # Buying Peace of Mind: How to Buy a Used-Car Warranty A certified pre-owned car with a warranty provided by the manufacturer is the safest bet in the used-car world. But if you’re not buying a CPO car from a franchise dealer, can you still get a warranty? Yes, but buying one can be tricky. The fact is, we all hope to find a company that will warranty a used car with 150,000 miles on it, sight unseen. But such companies don’t exist because there’s no way they can, as an example, buy everyone a new …