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Trends

You May Want to Hold Off on Buying a New Luxury Car

Buying a new luxury car is almost always tempting. However, there are some models coming soon that could sway you from making the auto purchase you’ve been thinking about. They will come as hybrid, electric, and gas models. In fact, some of these luxury cars and SUVs of the near future may get you excited …
by Jordan Almond
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Trading in your vehicle
Trends

Why Do Dealers Make Low Offers When You Trade in Your Car?

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 …
by Joe Santos
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A worker cleans new cars at a dealership lot
Trends

How Do You Know If You’re Getting a Good Lease Deal?

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 …
by Joe Santos
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Car Lease
Trends

Are There Tax Advantages to Leasing a Car Under Your Business?

If you currently own a business and are considering leasing a car for it, then you might be wondering if there are any tax advantages to doing so. After all, you’re able to deduct business expenses like office supplies, fuel costs, and even additional, so why not a car lease payment? It turns out that …
by Joe Santos
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A Kia salesperson sells a car to a baby boomer
Trends

What Is a ‘Straw Purchase’ and Why Is It Illegal?

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 …
by Joe Santos
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A line of cars at a used car dealership
Trends

Is Rolling ‘Negative Equity’ into a Loan a Good Idea?

Cars will depreciate in value no matter what. If you drive a new car off the lot, it can lose up to 20 percent of its value within the first year of ownership and a lot more over time. If a car ends up being worth less than what you owe on it, then that …
by Joe Santos
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Trends

What Does ‘Loan-to-Value’ Mean and Why Is it Important?

When you apply for a car loan, there’s a lot more to that lenders take into account that just your credit score and history. They will look as factors like your annual income, your outgoing debt, the value of the vehicle that you’re buying, and the loan amount that you’re looking to borrow. When considering …
by Joe Santos
Published on
A head-on view of the Electra Meccanica Solo three-wheeled autocycle.
Motorcycles

Autocycles Are Here, Even If They Face Slow Public Acceptance

In an article posted yesterday, I discussed what an autocycle is. I also mentioned some of the realities autocycle manufacturers are facing. Those included the changing regulations recognizing them as a separate vehicle class from a motorcycle, a growing shift to, and acceptance of, electric motivation, and the psychological barriers for consumers who want to …
by HJ Pizarro
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A head-on view of the Electra Meccanica Solo three-wheeled autocycle.
Motorcycles

Autocycles: Social Norms Are Holding Them Back

Autocycles are a mode of transportation that has struggled to gain popularity. While motorcycles with sidecars and trikes have their place, an autocycle for daily use is even less popular. Part of that is that there is a lack of knowledge about what an autocycle is and how it fits in our automotive culture. Today, …
by HJ Pizarro
Published on
Trends

Why Car Dealers Don’t Care About Your Online Credit Score

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 …
by Joe Santos
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Truck Dealership
Trends

Why Would Anyone Want to Be a Car Salesperson?

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 …
by Joe Santos
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Blue Lamborghini Huracán Spyder
Trends

3 Essential Tips for Buying the Car of Your Dreams

Whether it’s a Ferrari 488 or a Buick Lucerne, everyone has a dream car. Mine happened to be a 2008 Honda S2000, and I actually now own one. Was it worth buying? In my case, yes, because the S2000 is an affordable and reliable sports car that is cheap to maintain and insure. However, if …
by Joe Santos
Published on
2019 Genesis G70
Cars

You Don’t Have to Pay Over $40,000 For a Luxury Car

Many drivers shy away from luxury cars because of the high price tags. Fortunately, though, automakers have placed a greater emphasis on offering luxury cars at more affordable prices. Here are a few of the best affordable luxury cars that you can purchase new in 2020. 2020 Genesis G70 Some buyers still aren’t sold on the Genesis lineup, but this luxury …
by Leigh Fields
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The logos of automobile companies (L-R) Abarth, Lancia, Fiat, Alfa Romeo and Jeep are pictured at the entrance to the Fiat Chrysler Automobiles (FCA)
Trends

Why Would Anyone Get a 72-Month Car Loan?

Car loans come in many forms and when you’re looking for a new vehicle to finance, there are a lot of factors to consider. Interest rates, fees, and term lengths help determine not only how much you’ll pay for your new car, but also how long you’ll be on the hook for it. So, when …
by Marci Houghtlen
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