That car you leased three years ago probably has become a cash cow. But deciding what to do with that equity — and what to drive next — has become…
Author archives: Philip Reed
Can the Car Dealership Really Do That?
You’re ready to sign the contract for your new car. Then, the finance manager tells you that you have to buy an extended warranty. You want the car but find…
5 Common Objections to Buying an Electric Car, Debunked
As more Americans consider an electric car, many shoppers still have questions and concerns — some of which are actually outdated or unfounded. This year will see the release of…
Buy Your Next Used Car Online
While the pandemic and a computer chip shortage continue to upend the auto industry, online used car dealerships are thriving. Sales at the three biggest online retailers — Carvana, CarMax…
Order a New Car From the Factory and Save
With vehicles in short supply at the dealership, more shoppers are ordering cars from the factory. In return for a wait of a few weeks — or months — you…
Don’t Spend a Dollar to Save a Nickel on Gas
With the cost of gas soaring, it’s not uncommon to hear people say, “I’ve really got to buy a hybrid.” If your goal is to save money, this could be…
Let the ‘Out-the-Door Price’ Drive Your Next Car Negotiation
Buying a vehicle is more difficult than ever. Shoppers have long been accustomed to negotiating discounts from the figure on the window sticker. In today’s shortage-driven market, though, many dealers…
5 Mistakes That Can Lead to a Bad Car Loan
As if we need more bad news about car buying, an analysis by Consumer Reports shows that many Americans are drastically overpaying for their car loans. And we can’t place…
Squeeze Another 20K Miles Out of Your Current Car
Sure, you’d like to get a new car now, but prices are through the roof and inventories are bone dry. Instead, put a little TLC and proactive maintenance into your…
5 Car-Buying Mistakes to Avoid in Today’s Overheated Market
If you’re shopping for a new or used car in today’s overheated market, you’ll find that the game has changed. A variety of conditions have seemingly given sellers the upper…