The National Highway Transportation Association has just released a warning to more than 5 million drivers of Ford vehicles that are driving vehicles which could catch on fire even when parked. The vehicles contain a defective cruise control switch that could lead to fire even when the vehicle is parked, turned off, and unattended. Clearly [...]
CNNMoney.com recently published a story on 6 things you should never tell a car salesman. Like many stories written to scare consumers and garner views, it inflames sensibilities, promotes fear and suspicion, and assumes that consumers are ignorant of the car buying process.
So in an effort to debunk the “six things you least want to [...]
Over the past decade, trucks and SUV’s have out sold cars; but with gas prices over $4.00 per gallon the value of these vehicles has plummeted. So what are your options?
The first challenge is determining how much negative equity you may have. Negative equity occurs when you owe more on a loan than the value [...]
We typically talk to those closest to us before we enter a long term relationship. Reviewing pro’s and con’s help us reaffirm a good decision, or run from a potentially bad decision. But what if you look at your next vehicle in terms of a relationship - after all, it is a long term commitment, [...]
Within 6 months of graduation and up to 2 years afterwards, you can enjoy additional savings on a new vehicle from most manufacturers. Typically, the savings include discounts around $400 and low interest financing rates that the college graduate would not normally qualify for.
It’s one of the best deals available to buyers and most salespeople [...]
Manufacturer rebates comprise the majority of savings that a consumer enjoys when buying a vehicle. Rebates usually start as low as $500 and can go as high as $5,000 or more.
Rebates, like the milk in your refrigerator, have expiration dates that are firm. Manufacturers announce new incentives by notifying the dealer via an electronic communication [...]
Most consumers associate the end of the year with New Year’s Eve; champagne; parties; and watching the ball drop in Times Square.
In the automobile world - the year changes in August - not December. New models are introduced - requiring all of last year’s models to be sold. Virtually every manufacturer will be clearing out their [...]
Often car buying is associated with a life event. A child is born. A new job. Marriage. Divorce. Moving.
With regards to moving, almost 40 million people move each year; with approximately 9 million people moving out of State. Many will either drive their vehicles to their new homes, ship them with the moving company or with a [...]
For owners of large SUV’s that guzzle gas, getting out of their existing loan can be a burden. Reports are flooding in around the Country of dealerships either refusing to take large SUV’s as trades or instead offering such low prices that trading is impractical. The reason for this - high gas prices. Consumers are [...]
People are often worried about the car buying process partly because they are unsure how much they should expect to pay monthly. If you finance, your payment is is a function of 3 things: (1) the amount you borrow, (2) how long you borrow it; and (3) how much interest you agree to pay.
Assuming you [...]