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?
Used Cars
Is Now a Good Time to Trade in Your Car?
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.
5 Cars We Miss from the 60s
Used cars are a staple in the automobile industry, making a trip down memory lane a fun journey. While there may not be many used cars available on the lot from the 1960s, this time period was full of some of the most iconic and memorable cars in history.
Read on to reminisce about these five iconic cars from the 60s.
Most Reliable Cars as Daily Drivers
Reliable daily drivers are a must-have for the average American commute. These cars are for the hard workers, the value seekers, and the smart consumers hoping to buy a car that will last them a long, long time.
When Will Used Car Prices Fall?
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.
Can You Truly Buy and Sell Cars with Online Retailers like Carvana and CarMax?
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?
The Future is Electric: Electric Vehicles are Becoming the Fastest-Selling Used Cars
With better gas mileage, greater fuel economy, and a much smaller carbon footprint than its gas-powered counterparts, it’s no wonder why electric vehicles are dominating the auto space. While many electric vehicles still have some kinks to work out like driving distance and fuel efficiency, drivers are taking notice of how much more affordable having … Read moreThe Future is Electric: Electric Vehicles are Becoming the Fastest-Selling Used Cars
Diversification Leads The Way For Car Dealerships
In the aftermath of the COVID-19 pandemic, car dealerships are exploring new options to keep people coming in the doors. Those who could pivot and expand their services show that they have the chops to survive.
What is a Certified Used Car?
You already know that used cars offer more value for your money since you aren’t paying for depreciation. But should you shop at a dealership or buy from a private seller? And what is the deal with certified used cars?
To help you make an informed choice about your next car purchase, we offer a short primer on certified pre-owned vehicles (a.k.a. CPOs). You’ll learn what they are, how they’re different from other used cars, and whether they’re a better deal.
These Used Cars Will Cost More Than The New Models
The last couple of years have been a whirlwind for the automotive market. Due to shutdowns, supply line delays, and essential parts shortages, new cars have been hard to come by. With an increased demand for used cars, pre-owned prices shot up. While there seems to be some hope that things will return to normal, there are still quite a few used cars that cost more than their brand new counterparts.