Archive

Posts Tagged ‘car buying’

To Haggle or Not to Haggle on Your Next Car Purchase

May 20th, 2014

2009 Saturn Sky Redline Ruby Red Limited Edition

Remember Saturn?

I know how easy it is to forget things once they are out of mind, and Saturn has been out of our minds for about 5 years now. If you’ll recall, Saturn branded itself as “a new kind of car company” and famously sold new cars at a no-haggle price through standalone dealerships.

An article from 2006 at CNN Money said,

People who buy Saturns generally love the no-haggle price. In J.D. Power and Company’s annual surveys of dealership satisfaction, Saturn consistently ranks higher than any other non-luxury car brand.

So why hasn’t the no-haggle pricing structure caught on at other automakers and dealers?

Continue reading >>>

Car Minded, Car Shopping, General Chat , , , , , ,

Any Recourse for Buyer’s Remorse?

November 29th, 2013

void car purchase

When you go out and buy a new toaster today, you can return it tomorrow if you wake up and decide the toaster just wasn’t in your holiday budget. Aside from the hassle of locating the receipt and driving back to the store, you’ll get your money back quickly and easily.

Now let’s say you are in your 2001 truck and it doesn’t start right away when you want to go back to the store and return the toaster. When it does start, every rattle and clunky gear change as you drive makes you think you should get rid of the battle-worn old thing.

You stop at a dealer, just for information, but leave two hours later in a shiny new 2013 truck. You were taken by its smell inside, the new technology features and the incredible offer of a trade-in on your old rust-bucket.

You’re feeling great, go return your toaster, and drive home with the pride of a new vehicle.

Until morning. You wake up with a twist in your gut wondering what you did and how you’ll afford the monthly payments. You miss your old truck. You have a faint memory of hearing something about a 3-day return policy for cars, and you decide you’ll look into it.

But is it truly possible to return a new vehicle?

Continue reading >>>

Car Industry News, Car Minded, Car Shopping, General Chat , , , , ,

How to Deal with Sandy’s Devastating, Nationwide Effects on Cars

November 2nd, 2012
Cars flooded by Hurricane Sandy

Water enters a parking garage in New York City

The devastation of Hurricane Sandy is hard to witness. Lost lives and destroyed property put into perspective what is important in life, but they also force us to deal with the effects and consequences of natural disasters.

After we make sure people are safe and the basic infrastructure of our cities is up and running again, we’re eventually going to have to deal with lost and damaged vehicles. A lot of them.

The issue of flooded cars has been covered here before, but after this storm the problem needs to be addressed again. We don’t know how many vehicles were lost in the massive storm, but it’s safe to say more than we can even estimate right now will be totalled out by insurance companies. Unfortunately, many of these flooded cars will be shipped across the country and re-sold. In 2005, Hurricanes Katrina, Rita and Wilma damaged over 600,000 cars. Many of those still come up for sale today.

Continue reading >>>

Car Industry News, Car Minded, Car Safety, Car Shopping, General Chat , , , ,

Lots of Favorite Cars, but Loyal to None

August 22nd, 2012
Lexus RX 330

My favorite road-tripping car, at least until the next one comes along

I’ve never been one to devote myself to a single brand, unless you count my fanboy devotion to Apple. Between my iMac, MacBook Pro, iPhone, iPod nano, iPod Touch and iPad, it’s possible that iMight have an iProblem.

I have yet to find a car brand that has the same effect on me, which is odd, considering I like cars way more than I like tech. I can count no fewer than eight different car brands I have owned over the years, and that’s just in my adult life. Count the cars I drove, but didn’t personally own, as a teenager, and that increases by at least two.

Lexus, Jaguar, Honda, Nissan, Ford, Toyota, Subaru and Suzuki have all, at some point in my life, shared a space in my garage. Some of those makes I’ve owned twice, but that’s as deep as my loyalty goes. Do I have a favorite? That all depends on what I used the car for. I wonder if I’m alone in my wishy-washy devotion to car brands. Do other CarGurus readers tend to pick one brand and stick with it?

Continue reading >>>

Car Minded, Car Shopping, Domestic Cars, Foreign Cars, General Chat , , , , , ,

Buy a Chevy: Don’t Like It? Return Your Chevy

July 11th, 2012
2012 Chevrolet Camaro ZL-1

Now with a money-back guarantee!

Just as General Motors exited bankruptcy, it rolled out a new campaign called “Let the Best Car Win.” Part of the promotion included a 60-day return policy, wherein a buyer could bring back a purchased GM vehicle for a refund if he or she became unhappy with it.

The return rate was a mere 1% or so, which showed a pretty high level of satisfaction for GM’s cars. Or at least it showed a level of satisfaction that was good enough to avoid the trouble of starting the buying process over.

Yesterday, GM announced a new take on the return policy. This time it’s wrapped into a promotion that guarantees a no-haggle price on most Chevrolet vehicles. Will it help Chevy stay ahead of surging Toyota?

Continue reading >>>

Car Industry News, Car Minded, Car Shopping, Domestic Cars, General Chat , , , , , , , , ,

Does Brand Loyalty Still Exist?

July 10th, 2012

Leasing accounted for 76 percent of new-vehicle volume for Mercedes-Benz

In the old days, a guy drove a Chevy truck, bought his wife a Chevy car, traded in his Chevy truck for a newer Chevy truck and made sure his kids drove nothing but Chevys.

When those kids grew up and could think for themselves, though, they probably decided to rebel by buying a Camry, or if they really wanted to tick off the old man, a Sonata. Chances are, those kids leased their new cars and thus developed a loyalty to their new brand, albeit a loyalty based on the convenience of renewing a lease.

Today, the idea of brand loyalty is becoming as antiquated as the 4-speed manual transmission. With so many quality choices in modern cars, why choose to stick with one particular brand?

Continue reading >>>

Car Industry News, Car Minded, Car Shopping, General Chat , , , , ,

People Still Falling for Easy-to-Spot Car-Buying Scams

December 6th, 2011
Nissan Altima 2.5

Low miles! Only $3,000!

Smart car shoppers know how to spot scams from a mile (or 2,600 miles) away.

Craigslist, once a go-to source for posting used-car classifieds, is riddled with scammers trying to con people out of thousands of dollars. Their ploys are always the same, and the red flags are obvious. Still, due to some serious flaw in human psychology, people fall for the deal they know is too good to be true.

The Detroit News published a nice piece on the issue this week, from which I quote:

Brenda Cullen has a killer deal on Craigslist for a spotless, low-mileage Nissan Altima. But it won’t last.

A job promotion, complete with company car, has left her family with one too many vehicles, so that’s why she’s unloading the Altima for not even a quarter of its true value.

Continue reading >>>

Car Minded, Car Shopping , , , ,