Used Car Prices Falling: Seasonal or a New Trend?

Used Car Prices Falling Seasonal or a New Trend

If you’ve been watching used car prices, waiting for the right time to buy, you might have noticed that the prices are falling. This is good news, but the lower prices are only lower from the record highs we saw during and right after the pandemic. The good news is that if you’re in the market for a used car, car dealerships have used models that are now merely expensive instead of absurdly expensive. But is this just due to the winter season, or are falling prices the new trend?

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Is Now a Good Time to Trade in Your Car?

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The car market has been on a roller coaster ride over the past few years. Whether you’re shopping at car dealers for new or used cars, values just keep changing, making it difficult to know which way is up. The good news is experts believe that the market will stabilize in 2023, but what about now? Should you trade in your car? Is it better to wait? The quick answer is it depends, but that’s not much help. Let’s take a closer look.

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5 Nonprofits to Donate Your Car

A used car donation can benefit worthy causes in your local community. If you have an unwanted vehicle, consider giving it to a nonprofit organization. By donating your car, you can support their mission, receive tax benefits, and simplify your life. Let’s take a look at five worthy causes that would put your car donation … Read more5 Nonprofits to Donate Your Car

Having Issues Keeping up with Car Payments? Here’s How to Deal with Them

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The number of people at least 60 days behind on car payments rose by nearly 27% in the time
between December 2021 and December 2022.

The number of people paying $1,000 or more per month for a vehicle went up to 15%, and
interest rates went up to 6.5% for new cars and 10% for used ones.

If you’re one of the people affected by this, you aren’t alone and don’t have to worry – this is for
you. We’ll discuss the difference between defaults and delinquency in car payments, how to
deal with delinquency, and what to do about new car loans with bad credit.

Read moreHaving Issues Keeping up with Car Payments? Here’s How to Deal with Them

Could 2023 Be the Year of More Leased Vehicles? Here’s What to Know

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It’s an option you’ve probably come across but probably haven’t seriously considered, especially over this past year. the number of Americans who are leasing new vehicles has dipped down to unexpected rates. Some analysts, however, think that this might change over the next couple of years. When it comes to shopping for new cars for sale at an affordable price, shopping for leased vehicles at your local dealer might be an idea worth considering for 2023.

Read moreCould 2023 Be the Year of More Leased Vehicles? Here’s What to Know

Tips for Buying Your New-To-You Car

Tips for Buying Your New-To-You Car

Getting into a New-To-You Used Vehicle Is Easier than You Think Shopping for used cars for sale is one of the best ways to get into a great car, truck, or SUV at a fraction of the price if you were to shop new. If you’re like most shoppers, however, buying a used vehicle can … Read moreTips for Buying Your New-To-You Car

When Will Used Car Prices Fall?

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While it is still possible to find a great deal on a used car, the market is far from being “back to normal.” Most experts expect some kind of balance to return to the market, but many shoppers are left wondering when will use car prices fall. Read on to learn the three things you should know.

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Can You Truly Buy and Sell Cars with Online Retailers like Carvana and CarMax?

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Purchasing or selling a car can be a pretty big commitment. Research, price comparisons, paperwork, and lots of time and effort are a natural part of car buying and selling. Add to that the fact that there’s more than one way to buy and sell, and it’s easy to get discouraged. So let’s narrow it down and start with where you should be looking to buy or sell. Car dealerships used to be the only place to go, but now there are online retailers like Carvana and CarMax that claim to make things easier, save you time, and help you get or keep more money.

Read moreCan You Truly Buy and Sell Cars with Online Retailers like Carvana and CarMax?