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Archive for the ‘Car Shopping’ Category

GM Overstates Fuel-Economy Numbers, Will Pay Out $100 Million

May 27th, 2016

2016 GMC Acadia SLT

Rarely do people buy SUVs for the stellar fuel economy they deliver.

When people do buy an SUV, though, they should be properly informed of how often they should expect to stop at a gas station. The numbers on the window sticker are supposed to do just that, but a few automakers have gotten into trouble recently for misrepresenting their fuel-economy estimates.

In 2014, Hyundai had to pay a fine of $100 million for inflated fuel-economy numbers, in addition to compensating owners.

Mitsubishi is in the midst of crisis in its home country for the same reason, and now General Motors has admitted to providing overly optimistic numbers in the U.S.

How do inflated MPG estimates happen? Doesn’t the U.S. Environmental Protection Agency control those numbers?

Not exactly.

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5 Things to Know About Buy Here, Pay Here Dealers

May 25th, 2016
buy here pay here lot

This Connecticut Buy Here, Pay Here dealer has cornered the market on used Suzukis.

There’s nothing inherently bad about Buy Here, Pay Here dealers. They provide a service to those automotive buyers without good credit who sometimes need a used car in a hurry.

However, it’s important to keep in mind most Buy Here, Pay Here dealers (BHPH dealers) aren’t in business to establish long-term relationships. They’re trying to make the most profit they can from financing used cars.

Here are five things you need to know before purchasing a used car from a BHPH dealer.

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Can a Car Go Too Far? Our Highest-Mileage Cruisers

May 20th, 2016

1989 Lincoln Town Car

Summer’s just around the bend, which means many of us have long weekend drives in our near future. Leaving the day-to-day for a beautiful summer weekend away can definitely heal many wounds, but some of us will need to cover a lot of miles to really get away from it all. We polled our used-car listings to find those vehicles with the highest mileage per year, but weren’t surprised to find the top end of our list packed with cargo vans and large pickup trucks.

You don’t want to leave work on a Friday for a long drive to your summer getaway with your honey in a cargo van, do you? No, so we’re going to show you the sedans and wagons that have covered the largest average number of miles per year, in order to to find some comfortable highway cruisers. These vehicles aren’t generally fast and luxurious, but any one should fit the bill if you need a vehicle to get yourself and your loved one(s) a long way from your home base for some relaxation.

Please make sure you prepare for any long drive by getting plenty of sleep beforehand and turning off your cell phone or giving it to a passenger to avoid distraction. We’re not sure where you’ll cover lots of miles for relaxing weekends away this summer, but here’s a list of great road trips. Wherever you go, we hope you return safe and refreshed, and we hope you enjoy the drive.

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The Intersection of Technology and Design Isn’t Boring

May 19th, 2016
Toyota's FCV Plus concept

Toyota’s FCV Plus concept

On May 26, the New England Motor Press Association, of which some of us here at CarGurus are members, will host a conference at the Massachusetts Institute of Technology with the theme Technology Intersecting Design. It may sound like a boring topic, but as you’ll see, it’s a compelling one.

The NEMPA conference will include prominent industry figures like Timothy Anness, head of advance design, Fiat Chrysler Automobiles – North America; Mary Gustanski, vice president of engineering, Delphi; Michelle Tolini Finamore, curator of fashion arts at the (Boston) Museum of Fine Arts; Dr. Gill Pratt – CEO, Toyota Research Institute; and John J. Leonard, professor of mechanical and ocean engineering at MIT.

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10 Economical Options for the Sensible Graduate

May 13th, 2016

personal_car_rental

As Boston-area folks know all too well, another year’s worth of college students will soon graduate and move on to their next stage in life. Whether that next stage will be an entry-level job, more school, volunteer or charity work, or getting right to work on their first (next?) startup, we wish this year’s graduates nothing but the best with whatever comes next.

We ran a recent survey that determined more than half of graduating college students plan to buy a car, and we were happily surprised to learn that over half of them expect to buy it themselves. Two-thirds of those getting a new car plan to buy a used one, and almost half expect to spend $15,000 or less, though we also learned that graduating college students don’t understand a car’s true costs. Over half plan to work in the city, and 71% plan to commute by car.

So here’s a graduation present from CarGurus: a list of 10 cars available used at an average cost of $15,000 or less that are all fine commuting cars and should hold their value relatively well. We deliberately avoided sports cars, which might tempt even a valedictorian to drive unsafely and would cost substantially more to insure. We hope all recent graduates plan to continue learning in their next stage of life, and we look forward to celebrating some of their successes in the no doubt impressively near future.

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Hidden Used-Car Costs New Grads Must Know

May 12th, 2016

A car has hidden costs

In many students’ minds, “car” and “graduation” go together. For some, it’s because a post-grad job requires a vehicle to commute to and from work. Others may simply want a car to maintain their independent lifestyle from college (especially if they plan to move home).

This isn’t changing for the class of 2016, either. According to a recent survey conducted by CarGurus, almost one-third of upcoming graduates plan to buy a car. And of them, 57% plan to pay for it entirely on their own.

Buying a car is a major purchase—even if you opt for a moderately priced used one. Taking this on yourself is a big sign of financial freedom, but it’s also a big financial responsibility. To handle it wisely, keep in mind the following hidden costs.

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Get Ready for Good Deals at Your BMW Dealership

May 10th, 2016

 

2016_bmw_3_series

There was a time when owning a new BMW meant you had achieved ultimate success. The brand was the pinnacle of luxury and, in order to buy one, you had to be able to pay the asking price. Dealers didn’t need to negotiate too much because they knew a willing buyer was always around the corner.

That was the nature of BMW. It took cash, and a lot of it, to have the pleasure and the privilege of owning the exclusive ultimate driving machine.

Times are changing, though.

Audi, Mercedes-Benz, and even Lexus sell cars that can outshine a Bimmer. That’s a truth being felt at dealerships across the country, and BMW devised a plan to do something about it. It loaded up dealers with vehicles in an attempt to increase volume and become the number-one luxury nameplate in America.

That plan has backfired.

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Mitsubishi’s Fuel-Economy Issues Haven’t Hurt U.S. Sales

May 9th, 2016

2016_mitsubishi_Lancer_GT

Mitsubishi doesn’t sell a lot of cars in the United States.

The Japanese automaker has teetered for years on the brink of pulling out of the market, but has managed to sustain itself within a tiny niche of affordable entry-level vehicles. There was a time when the company offered a full stable of vehicles, including the Endeavor SUV, Eclipse coupe, Galant sedan, and, of course, the cult-favorite Evolution.

Today’s lineup includes variations of the Outlander small SUV and a couple of miniature cars, the Lancer and Mirage.

Mitsubishi has certainly flown under the radar in recent years, which could be why a new scandal involving deceptive fuel-economy claims has gone largely unnoticed in the U.S.

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Six Cars Worthy of CarGurus Moms

May 6th, 2016

2010-honda-pilot-pic-54211-1600x1200

Sitting in the back seat of a Chrysler Town & Country on the way to the pool, eating Pepperidge Farm Goldfish and listening to the Evita soundtrack—her unfortunate obsession with Andrew Lloyd Webber musicals aside, some of our most prominent childhood memories include driving around with Mom. Mom drove us to school, to soccer practice, to church. Mom drove us to the grocery store, she picked us up from our friends’ houses. To put it simply, Mom is the best. Not only did Mom operate extremely valuable (but hardly lucrative) livery services for her children, but she managed to do so while also meeting the demands of a professional career.

CarGurus is lucky to have more than a handful of fantastic moms as part of our incredible company. With Mother’s Day this Sunday, we decided to interview some of our great Guru mothers and find out a little bit about their first cars, what they drive now, and what they’re hoping to drive in the future.

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Manufacturers’ Glut Is Good for Buyers

May 5th, 2016

Too many carsThis is a great time to be both a new-car buyer and a used-car shopper. Market conditions are perfect for great deals.

The Old Gray Lady (or as non-journalists call it, The New York Times) did an article recently on how the current record-breaking sales figures for automobiles are bad news for the manufacturers. However, here at CarGurus we know those numbers are good for consumers, and here are three reasons why.

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