The automobile industry has experienced plenty of changes in the past decade. One of the critical ones is how much money car buyers are spending on their new vehicles. The traditional 4-year, 48-month auto loan is essentially gone. Instead, many people purchase cars with 5-year or even 7- or 8-year … Read more
The best opportunities to purchase a new vehicle is during a manufacturer’s transition times, including model changeover, the end of a generational build, and as the calendar moves from December to January. The following six tips can save you money, enabling you to drive off in a new ride with … Read more
How to drive a deal on your next used car. Buying a used car has its advantages as the steepest depreciation costs for new cars come during the first few years of ownership. Used cars come priced to reflect steep depreciation, are generally cheaper to insure then new cars, and … Read more
New car loan terms are longer than ever before. Earlier this month, Experian Automotive announced that the average length of both used and new car loans had increased by one month to 62 and 67 months, respectively. These loan term averages are at record levels, but consumers are eagerly embracing … Read more
You are ready to buy your next car and have set your eyes on something new. Sure, you know that new cars lose a lot of value during the first year of car ownership, but you have a long-term ownership strategy in place and plan to drive your next car … Read more