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Posts Tagged ‘car shopping’

Chrysler Believes Its 200 Will “Win This Game”

July 21st, 2015

2015 Chrysler 200 C awd-pic-4853819023233321592-640x480

Sixteen vehicles currently compete in the midsize sedan market in the United States. There are some big names in that group, including the Ford Fusion, Honda Accord, and Toyota Camry.

Competing with those big names isn’t an easy task, as the likes of the Nissan Altima and Mazda6 have discovered.

Some automakers have found success after years of development and can compete with the big boys. The Hyundai Sonata comes to mind, which comes in with a slightly lower price and longer warranty. The cars at the bottom of the list typically include the likes of the Chrysler 200.

Chrysler brand head Al Gardner wants that to change, and thinks the 200 can win the whole segment.

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

The Best Advice on Paying for a New or Used Car

July 16th, 2015

2011 Mercedes-Benz

Purchasing a new or used car is always an exciting thing. Paying for a new or used car can be a difficult thing, unless you have the right advice before making the transaction.

The first thing you need to do is figure out how much car you can afford. That’s different from how much of a monthly payment you can manage. Most financial experts agree: except under extremely rare circumstances, you should never buy a car based on monthly payments.

Why? It enables dealers to sell you more car than you can afford. Financing a new car for more than 60 months—or a used car for more than 48 months—indicates you can’t afford the car.

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Car Shopping , , ,

The Case for Car Brokers

July 7th, 2015

2015 land rover discovery sport-pic-294091176881838782

Even rich people love to save money.

There are some people in this world who could walk into any car dealership they want and write a check for any car on the floor.

Sometimes, though, they just don’t have the time to spend at the dealer and go through the hours-long process of buying a car.

For those people, and for regular car buyers like you and me, auto brokers can be a true blessing.

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

Don’t Roll Your Car This Summer

June 23rd, 2015

rollover1

The white Tahoe sat in the median between the north and south lanes of the freeway. Personal belongings were scattered for dozens of feet in all directions. The rear window was broken out, and about 10 people milled around inspecting the damage.

This could have been any of the accidents that are unfortunately all too familiar on American Interstates, except this particular vehicle had come to rest on its roof.

Yesterday was clear and warm with nothing but blue skies, dry pavement, and light traffic. I don’t know how the Tahoe rolled over or what circumstances led to the accident, but it appeared that it happened just moments before I passed. No other vehicles were involved.

How can a single-vehicle rollover happen on such a perfect day for driving?

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Car Minded, Car Safety, General Chat , , , ,

When Do You Decide to Sell Your Car?

June 18th, 2015

1993 Volvo 240

Today let’s discuss one of the endless debates in car ownership. It’s the bane of existence for owners everywhere and the justification many people give for buying a new car.

Here’s the issue:

An older car requires sudden and expensive repairs to continue running. Do you take your chances and fix it or get rid of it and purchase something newer?

A friend is struggling with this issue right now and might be on the verge of making the wrong choice.

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Car Minded, Car Shopping, Classic & Vintage Cars, Foreign Cars, General Chat , , , ,

Here Comes the 20-Year, 200,000-Mile Warranty

June 10th, 2015

200,000-mile warranty

I remember the day the world changed.

We tend to remember exactly where we were when momentous events mark a distinct “before” and “after” in our lives.

In this particular case, many years ago I was watching television, casually unaware my world would change with the very next advertisement.

It was an ad from Hyundai, the laughable Korean car company, promoting a 10-year, 100,000-mile warranty.

“How could this be?” I thought, “Cars aren’t even supposed to last much past 100,000 miles.”

Of course, today we all know differently, as cars routinely pass that mark and even double it.

The 100,000-mile warranty has become standard fare for Hyundai and Kia and even inspired General Motors and Chrysler to add (and then revoke) 100,000-mile warranties.

Now there’s another warranty on the market that might keep pace with the life of current vehicles: the 20-year, 200,000-mile warranty.

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

Can Costco Become the Largest Car Dealer in America?

June 9th, 2015

Costco auto program

Costco doesn’t sell cars, but it’s the second-biggest car dealer in the country.

That’s an oxymoron that’ll make your head explode, especially when you consider that the only organization to move more metal than Costco is AutoNation.

Costco’s wildly popular car buying service has been used by hundreds of thousands of people over the years, most of whom chimed on our blog post questioning just how good a deal Costco offers when it comes to cars.

Of course, it’s not possible to walk into Costco and drive out in a new car. The service is really just a middleman between the dealer and the consumer.

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

The Surprising Fact About 10 Cars With the Highest Resale Values

June 5th, 2015

2014-chevrolet-silverado-z71-front-view-towing

Everyone knows that the value of any car you buy will plummet with every passing year. Unless you’re purchasing a 1964 Ferrari 250 GTO, you can be sure that the value of your car in 5 years will be significantly less than the price you paid.

That’s the bum deal about cars, and it’s true whether buying new or used. Leasing is gaining in popularity for this very reason. The only exceptions to the rule of depreciation are a few collector cars that go up in price every time they hit the auction block.

Any car currently for sale at a dealership in the U.S. won’t be going to a prestigious auction anytime soon, so the best we can do as buyers is to purchase cars that depreciate more slowly than average. The 10 best cars for holding their value are listed below, and they all share one common trait.

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Car Industry News, Car Lists, Car Minded, Car Shopping, Domestic Cars, Foreign Cars, General Chat, Trucks & SUVs , , ,

The New Car That Costs $89 Per Month

June 4th, 2015

2015 Volkswagen Jetta pic-2687671922287613144

It’s like we’re living in 1963.

I honestly don’t know when the average car payment in the United States was below $100, but I do know that today it sits at just over $480. If you buy or lease a new car in this country, odds are pretty good that you’ll be somewhere in the $200-$500 per month range. The lower end of that range is reserved for low-payment leases and bottom-of-the-barrel entry-level cars.

So when one of the world’s largest automakers promotes an $89 lease, or even lower in some areas, people will pay attention.

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

GM Offers Best Rewards for Military Service

May 21st, 2015

Corvette convertibleMemorial Day weekend fast approaches. It’s a great time for new and used car shopping with summer just around the corner. More importantly, it’s an important time to recognize the military men and women who made the ultimate sacrifice for our country.

Some automotive manufacturers extend special discounts to military personnel (and sometimes retired veterans) that might be worth considering if you’re shopping for a new car. Check their websites to find the models you might want. (The website MilitaryRates.com has a list of companies offering discounts.)

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