John Vincent / U.S. News and World Report Ever since the Volkswagen diesel scandal broke in September of 2015, there’s been rampant speculation about what Volkswagen would do to fix the problems and compensate owners of diesels vehicles that don’t comply with U.S. emissions standards. Truth is, nobody outside of the settlement talks knows what
Walking through a used car lot, it can be difficult to tell which car will be a reliable ride – and which one is hiding costly repairs. The worry of coming home with a clunker is enough to make any used car shopper nervous. But does buying a certified pre-owned car really ensure that the
Zero Creatives/Getty Images For car shoppers, the most painful part of the process is negotiating a price. Many buyers have previously suffered through an interrogation-like experience, waiting for endless hours while the salesman and his boss play good cop-bad cop over your car deal. But getting a fair price doesn’t have to be this agonizing.
Evp32/Getty It’s a great time to buy a used car, with thousands of well-cared-for off-lease vehicles hitting the market each day. But, while the cars are a great deal, you can expect to pay higher interest rates to finance them. It all boils down to a couple of factors: New car loans are often subsidized
(Tom Merton/Getty Images) Regardless of warranty, new and used car buyers want their vehicles to be dependable. That’s why reliability ratings from J.D. Power and Associates are an important tool in determining which vehicle to purchase. What do the ratings mean, though? There are different ratings by J.D. Power that could be confusing to buyers.
(EHStock/Getty Images) When it comes to used car buying, there are lots of mistakes buyers can make. However, there are five common mistakes that experts familiar with the used car buying process say shoppers often make: not researching price, buying a certified pre-owned car that isn’t, not staying in budget, not doing the right research
There’s no getting around it – cars are expensive. They’re starting to cost more and more, too. Kelley Blue Book reports that the average new car transaction price in June reached $33,340. That’s an increase of $209 from May and $821 from June 2014. The rising average price of a new car shows that consumers
The 2012 Chevrolet Silverado 1500 is a top choice for a used full-size truck under $25,000. (General Motors) The best-selling vehicle in the U.S. is a pickup truck, and it’s easy to see why. Trucks are available with four-wheel drive, have spacious cabins and can be used for a wide variety of tasks. In recent
(General Motors) For rental cars, it turns out, there’s an afterlife. Each year, rental agencies sell portions of their fleet to consumers and dealerships, so it’s possible that if you’re in the market for a used car, you’ve considered buying a former rental. Last year, Hertz sold 27,000 retired rental cars and plans to increase
It’s estimated that more than 14 million new cars will be sold in the U.S. this year. If you think that’s a lot, then you haven’t taken a look at the used car market. “It varies month to month, but generally used car sales are at a three to one ratio over new car sales,”