While you may have heard the term “cash is king” when it comes to buying cars, that’s not quite the case during the time of the pandemic. Considering the new car market is sparse as far as inventory and the used car market is being flooded, we don’t truly know what’s in store for the …
Your credit score and history is important when you’re shopping for a new or used car and are planning to lease or finance. And as we all know, the better your credit score, the more dealerships love you because you’ll have a better chance of getting a good rate and getting the deal done. But …
Not many people say that they enjoy taking a trip to the car dealership. Buying a new car, or new-to-you car can be exciting, but it can also be stressful. Add on the stress of a sales team, and all of the technical terms and additional costs and buying a car can be downright overwhelming. …
In the age of COVID-19, a consensus is now built that things will never be the same as they were. Maybe this is an exaggeration, but places like car dealerships have taken a massive hit as a result of quarantine. How have these businesses survived to keep themselves above water? It has not been an …
If you’re shopping for a new car, then you’re likely thinking about trading in your current car to the dealer. We don’t blame you as it’s fast, convenient, and much easier than posting the car up for sale and finding the right buyer for it. While we do always suggest to sell it yourself if …
When you purchase a new car, chances are that you might feel pressure to buy an extended warranty especially if you plan on keeping the car for a long time. Depending on the car that you’re buying, the regular warranty for the car can expire within three to five years, so opting for an extended …
When it comes to buying a new car, it’s natural for you to think that the dealership salesperson is out to take advantage of you and will do anything to get you to buy a car. After all, they’re trying to make as much profit as possible in order to afford that fancy suit they’re …
When shopping for a new car, it’s easy to get caught up in all of the numbers and car sales terms, especially when it comes to leasing. In reality, it’s easy to figure if you know what you’re looking at when the salesperson goes over the final sales numbers with you. And while different manufacturers …
If you’re shopping for a new car, then chances are that you’ve come across some really tempting, budget-friendly lease deals on a car dealer’s website. For example, Honda’s current national lease special for the 2020 Honda Passport is for $329 per month for 36 months with $3,099 “due at lease signing.” It sounds like a …
If you need to buy a car and have troubled or no credit, then you do have options. You can wait to buy a car and save up money to pay for it in cash, you can spend time building your credit, or you can get a co-signer with better credit to co-sign on a …
Have you ever applied for a car loan, either on your own and through a dealer, and your credit score came out different than what Credit Karma, or your credit card (Capital One, Chase, etc.), told you? The truth is, the dealers don’t really care about the score that you can readily show them on …
Imagine working in a store where every customer that walks in the door hates you automatically before even meeting you and your job is to sell them on the second biggest purchase they will ever make in their lifetime. If you can picture that, then you have only scratched the tip of the iceberg on …
If you have ever leased or financed a car from a dealership, then you might get an offer in the mail from them offering to buy back your car within the first two to three years of owning or leasing it. But why would a dealership want to buy your car back, or have you …
Over the past few months, it seems like small businesses and large businesses everywhere have been taking massive hits. Car dealerships were in this category for a while, which actually made it a good time to buy a new or used car. At the beginning of dealership closures and general travel restrictions, the demand for …
It’s not a secret that current economic conditions have had a significant impact on the automotive industry across the globe. Auto show cancelations and manufacturing closures will require specific attention moving forward. Faster production cycles and shorter project timelines will need to be implemented quickly for car companies to recover. They will also have to …
Buying a used car isn’t the only way you can benefit when purchasing a vehicle. Buyers that stay informed on model cycles can also save a lot of money. Not everyone understands how automotive model cycles work. What’s the difference between a refresh and a redesign anyway? Knowing the differences will save you a lot …
Car dealerships have seemingly been the bane of every car shopper’s existence for as long as we can all remember. Due to the social stigmas that have built up over the past century, having to step foot into a car dealership can conjure up feelings of anxiety, fear, and even anger, in some consumers. So …
With orders to stay at home during the coronavirus pandemic, you might be wondering what it’s like to actually go shopping for a car. I recently had the chance to go through most of the steps of the car-buying process in order to see how some car dealerships are currently handling it. Here is how …
