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
One goal millions of American consumers would like to attain before the new year arrives is to purchase a new vehicle. There are about 270 million registered passenger vehicles in the United States with an average age of 11.8 years according to IHS Markit. That’s a long time to … Read more
When you purchase a new car, you expect it to operate as planned. However, some models are prone to problems and may require multiple visits to the repair shop. A minor problem here and there is understandable, but the situation persists or worsens, then you may own a lemon car. … Read more
Leasing deals on new cars can extend to used cars too. Soaring new car prices mean sticker shock is a common occurrence for car shoppers. One way to lessen the blow is to lease a vehicle. Indeed, Experian Automotive found that 28.9 percent of all new vehicle models were leased … Read more
Buying a new car is a hassle, with more than half of all buyers surveyed indicating that they consider car salespeople “untrustworthy” according to research from DMEautomotive (DMEa). That lack of trust is also higher with women as many ladies believe that they are being taken advantage of when negotiating … 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
You have your eyes set on a race red Ford Focus Titanium sedan, a model loaded with such goodies as MyFordTouch, a Sony audio package, dual zone climate control and heated front leather seats. Buying this car is one option, but so is car leasing. You decide on the latter … Read more