Used car prices continue to rise, averaging $28,205 in December 2021 according to Kelley Blue Book. Prices are up 28 percent over the previous year, an extraordinarily huge increase brought on by COVD-induced shortages and surging demand. Sparse inventories are being replenished too, with inventories rising to 50 days for … Read more
If you lease a vehicle, you’ll return it at the conclusion of the contract’s term. But what if you prefer to keep it? In most cases, you can, by simply paying the residual value listed in the contract. That value, though, is determined years in advance and may not reflect … Read more
How to find a great deal on a used car. Let’s face it: buying a car today will set you back. Even a 10-year-old used vehicle will cost you dearly. With limited funds available, what other options do you have? An impound lot. That’s what. An impound lot is composed … Read more
If you get into an accident, including one that is of no fault to your own, your vehicle’s value will always decrease. Indeed, when independent companies such as Carfax learn about your crash, your vehicle’s worth (market value) will take a hit. Market value is determined by several post-collision factors. … Read more
Should you consider buying a repo car as your used vehicle? The repo man just paid your neighbor a visit, hooking up his late model sport coupe to the tow truck and pulling away. Your neighbor tried to argue with the driver, but the driver ignored his pleas, shoving a … Read more
Bargains on used cars are available if you know where to look. The average price of a new car is approximately $35,000 according to Kelley Blue Book, a price point that’s well beyond the reach of many car shoppers. One way to avoid that high cost is to settle for … Read more
Used car marketing and how to get more for your vehicle. You own a car and want to sell it, but what you have decided not to do is to trade it in for a new one. That’s a good move because what a used car dealer will give you … Read more
Buy a new car and the dealer may urge you to trade in your old car. Unless you have plans to keep it or give it to someone else, the dealer’s offer may be a tempting one. Then again, if you choose a private party sale you stand to make hundreds … Read more