With battery prices dropping and model selection increasing, it’s clear that EVs are becoming increasingly prevalent in the automotive marketplace. However, electric cars still have several obstacles left to overcome, such as a paucity of convenient charging stations. But the car dealers themselves may also be standing in the way. Not all car dealers are …
Do you think you overspent on a car? You’re not alone. Here at the 10 cities that overspend on cars according to WalletHub.com.
After 27 years, America’s largest used-vehicle retailer, CarMax, recently announced it’s exiting the new-vehicle retail business. The Fortune 500 company is dumping its last two franchised dealerships, both Toyota, to specialize in used-car sales. The news comes after the auto retailer touted its new 24-hour test drives. Why did CarMax pivot after a quarter-century of …
In 2019, Cheryl Miller made headlines and history as the first woman to lead AutoNation. The appointment also made her the first woman to become CEO of a publicly traded car sales company. However, only months after accepting the position, she stepped down. What happened? And where is she now? Cheryl Miller’s path to the top …
Being a car salesman is one of the worst, yet potentially most rewarding jobs that you could ever have. On one hand, you can make a lot of money selling cars, and the relationships that you can build with the people that you work with, as well as the customers that your assist, can be …
We all know that Super Bowl weekend is a great time to buy a new TV. But is it a good weekend to buy a new car?
If you are currently in a challenging credit situation, then you might be worried that you won’t qualify for an auto loan. Believe it or not, depending on your situation, you could potentially get approved despite having a low score. But if that’s the case, then is it better to buy a new or used …
Car dealerships and the whole car-buying experience have gotten a bad rap over the years and it’s no surprise considering there are so many myths that we’ve been led to believe. However, just like in any other business, not everything that we have all heard about dealerships and buying a car is true, but the …
When it comes to selling your car to a dealer, there’s almost no easier way to get it done than going to Carmax. You simply bring your car to any Carmax location, they appraise it and then give you an offer right on the spot with a seven-day grace period. The process is so easy …
Walking onto a dealership car lot is nerve-wracking, especially when you’re just planning to check out a car on the lot or browse around at the current inventory. The reason it’s so stressful is that car salespeople are ready and willing to jump at the chance to greet you in the hopes of selling you …
With the global pandemic still raging on, you might find that it’s harder to get a car loan in 2021 if you are a first-time car buyer. There are a few reasons for this and we wanted to share the information that Ari Janessian – a YouTuber and auto broker – recently shared on his …
Buyer’s remorse is a real thing. For those unfamiliar with the terminology, buyer’s remorse is when a consumer acquires a product or service and finds themself regretting their purchase shortly thereafter. This happens in all industries, including car sales. But, when dealing with cars, trucks, vans, and SUVs, buyer’s remorse is a lot more regrettable …
When it’s time to sell your car, you want the most money that you can get for it, even it happens to only be $500. But if you think that your car is worth more than that, then there are other areas in the car that likely need your attention before you start posting it …
If you’re currently in the market for a new car and are reading this article at the time it’s published, then stop reading and head to the dealership because now is the best time to buy a car. However, if you want to keep reading, then know that the week between Christmas and New Year’s …
There are a lot of factors to consider when buying a car from a dealership including the price of the car you’re buying, how you’re going to pay for it, and what to do with the car that you currently have. But what if the car that you currently own isn’t paid off and you …
What makes a good car salesperson? To most car buyers, a good car salesperson is someone that’s attentive, respectful, knowledgeable and, most of all, honest. But did you ever think that that last trait may actually make for a bad car salesperson? Believe it or not, if you’re working for a dealership, it does make …
Car shopping is stressful and it can definitely be a hassle if you don’t like to deal with pushy car salespeople. And while not all of them are super aggressive, they are trained to do their best to sell you a car the moment you step on the lot. So if you’re planning on browsing …
If you’ve felt like brand-new cars have become increasingly expensive year over year, you’re not alone. While big names such as Toyota and Honda previously excelled in the sub-$20,000 market, they’ve now moved upmarket with SUVs. As a result, a video by CNBC covers the subsequent quick disappearance of cheap cars in the U.S. Since …
The art of negotiation isn’t just reserved for white-collar business folks looking to strike deals with their competitors, it’s also a crafty art if you’re into buying cars and “win one over” on the poor car salespeople. But what if you don’t like negotiating? Then you can always shop for a car at Carvana, a …
Buying a car from a car dealership can be daunting because, as a car buyer, you’ll always wonder if you got the best price possible, and in some cases, you might even wonder if you got the right car. But what’s more worrisome is that some dealers will even try to pull off an outrageous …
If you’re planning to buy a new car and are currently research all of your options when it comes to pricing, then you have most likely run into the term “customer incentives.” For those not in the know, those incentives can be confusing when it comes time to figure out how much you can save …
The end of the year is almost upon us and if you’re still in search of a new car, then you may be in luck. December is actually one of the best months of the year to purchase a new car because of the new model year change for most brands as well as a …
Mike Davenport has been working in sales for over twenty years. He also started a YouTube channel several years ago that gives him the opportunity to provide educational videos about the car buying process. In one of his videos, he points out four things that are car shopping should not purchase from the finance office. …
There’s no shortage of expert tips and tricks for buying a car. It’s not uncommon to find countless pieces of advice about negotiating a good buy, figuring out your trade-in value, and avoiding mistakes. But there’s also need-to-know information to help when you’re on the other side and looking to sell your car. When it’s …
If you’re a first-time car buyer, then it can be tough to navigate through the car sales process, especially if you don’t have any credit history. Don’t worry, you’re not alone as the car-buying process can daunting if you’re just getting familiar with it. Here are some tips that can help out when it comes …
Unless you’re already a billionaire, 2020 probably hasn’t been your year. 2020 is a wash. It’s a year to hunker down and wait for better things to come. With that said, the car market has been wild this year, along with everything else. Many people aren’t sure if it’s time to buy now since driving …
Regardless if you’re using Carvana, Carmax, or Craigslist to sell your convertible, you want to get the best price possible. And just like there’s an ideal time to enjoy your drop-top, there’s a recommended time to sell it. Though before you do, there are a few things you need to take care of. Selling a …
Let’s face it. For the most part, sports cars often carry a significant premium. However, with Black Friday around the corner and massive discounts available, now may be the best time to pull the trigger on one. The sports car in question is the 2021 Jaguar F-Type. With an available 575-hp supercharged V8, the F-Type …
Thanks to the ongoing coronavirus pandemic, millions across the U.S. are unemployed and scores of small businesses have had to permanently close. It hardly sounds like ideal conditions for vehicle sales to thrive or even survive, right? It turns out that people still need pickup trucks for work, even during a pandemic. Recently-released third-quarter truck sales numbers …
When you’re shopping for a new car and know which car you want, then it’s time to go to the dealership that has it. Let’s say you start working with a salesperson at that dealership and you’ve almost come to an agreement, but you ended up having to walk away from the deal for one …
It has been said that the only thing that can unite rivals is a common enemy. The COVID-19 pandemic is that enemy. The rivals were the various automakers across the globe. I’m not saying they all hugged each other and sang Kumbaya, My Lord, together. I am saying that during the pandemic lockdowns, the rival …
Although dealerships nationwide are switching to more of an online approach to selling cars, buying a new car nowadays can still be a daunting process. Aside from the usual hassle of having to go down to the dealer and test drive the car and awkward drink the sub-par coffee while the salesperson talks to the …
Flipping cars a fun hobby and a good way to make some money if you know what you’re doing. Of course, just like flipping houses, it takes time and experience to get to know the car market and get your resources in order to get the most money from flipping a car. But if you’re …
A seismic shift has begun in car sales. The electrification of the automotive industry has started to make a shift in car sales never before seen. In September, battery electric vehicles, plug-in hybrid electric vehicles, and hybrids have outsold diesel vehicles in Europe. In fact, one-in-four vehicle sales were either BEVs, PHEVs and HEVs. Diesel …
Cigarette smoke can wreak havoc on a car’s interior and it can be tough to get the smell out. In fact, the smell can easily linger for years, which can make your car unpleasant for your passengers and can even make it even harder to sell when it comes time to do so. Thankfully, there …
When it comes to buying a new car, there is always going to be a toss-up as to whether or not you should lease or finance. No matter how you look at them, cars are depreciating assets, and leasing a car means that you’ll be spending less during the time that you have it whereas …
With the global pandemic still hanging around and the threat of an uncertain economic future, it’s easy to want to tighten your belt and save for the future. You could cut costs by clipping coupons, eating at home as opposed to getting takeout, and if you work from home, you can even sell your car. …
Buying a car is tricky enough without involving the other side of car shopping: selling your old one. Whether you use Craigslist, an auction site like Bring a Trailer or Cars and Bids or trade it in at a dealer, there’s a lot of paperwork involved. But even when that’s all done, there’s still one …
If life throws you a curveball and you end up needing to get out of your car lease early, then you do have some options. One option is to return the lease early, but you might end up paying a lot in penalties for it, so an easier way is to swap the lease over …
When it comes to car shopping, everyone wants a discount off the advertised price. But having to negotiate to get a good price can be a hassle. Luckily, automakers will generally have sales from time to time that advertise your ability to buy a car at the employee-discounted rate. Admittedly, getting “employee pricing” is a …
Leasing a car can be confusing when you’re not familiar with the terms of the deal. For example, terms like “cap cost” and “cap cost reduction” might sound like Latin to anyone who has never leased a car or even researched it. Another term is “inception fees,” which is the initial set of fees that …
If you are currently leasing a car, or plan to in the future, you might be wondering what happens when the lease is up and you turn the car back in. Unless you plan to trade in or sell the car when the lease matures, you will have to get the car inspected so that …
The Kia Telluride has been one of the most popular SUVs to hit the market in a long time. In fact, it’s sold so well in the past year or so that the executives at Kia started calling in the “Sell-u-ride.” Apropos nicknames aside, the Kia Telluride has been nothing short of a miracle for …
There’s really no magic to buying a new car. In fact, if you just do your research and show up to the dealership knowing what you want and approximately the price that you want to pay, you’ll likely get exactly what you’re looking for. After, the salesperson wants to sell a car just as much …
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 …
Leasing a car is always more attractive to a customer than financing mainly due to the appeal of having lower monthly payments. Leasing also typically means that a customer can afford much more of a car than they originally bargained for, so at the end of the day, it’s a win-win situation as they will …
When you are looking to buy a car, there are a lot of different avenues to take. Car shopping options can be overwhelming. In fact, buying a new car is out of the financial wheelhouse for many. That leaves you with either buying a certified pre-owned car from a dealership or a used car from …
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 …
