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Posts Tagged ‘car shopping’

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 , , , ,

Be Like Floyd: Mayweather and His Car Dealer

May 1st, 2015

Floyd Mayweather Mercedes Ferrari

When a ridiculously rich and famous athlete wakes up at 3 a.m. with the sudden urge to call his dealer, it’s normally not the kind that sells cars.

The online media has exploded with stories about tomorrow’s bout between Floyd Mayweather and Manny Pacquiao, with one of the biggest stories being, oddly enough, the cars of Mr. Mayweather.

When you or I wake up in the middle of the night from a dream in which we owned, say, a Bugatti Veyron, we shake our heads at the unlikelihood of it and go back to sleep. When Floyd Mayweather wakes up and wants a Bugatti, he calls his dealer and has a new Veyron in the garage by breakfast. That in itself is incredible, but it’s not the real story here.

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

Can a Hyundai Be Better Than a BMW?

April 30th, 2015

2009_bmw_3_series_335xi_coupe-pic-25656There’s something seductive about the idea of buying a used luxury car.

Getting a car that will make friends and family swoon is exciting, so why not cruise around in the kind of style only a used Jaguar or BMW can offer?

Stepping a few model years into the past can get you a car that costs less than an entry-level new car. Plus, used luxury cars usually have better driving dynamics and possess way more brand panache than your average new Hyundai.

However, buying older luxury can cost you more than you might realize, and not just in maintenance costs.

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

How to Have a Great Car Dealer Experience

April 28th, 2015

Mercedes-Benz dealer

Car dealers don’t want to rip you off.

All dealerships are in business to make money, provide jobs that pay a decent wage, and build long-term relationships with customers. To succeed they know they have to treat their customers well from the first moment of contact.

There’s a common belief that dealers just want to take as much money as they can from a buyer, which has created a lot of fear in people when it’s time to visit a dealership.

Those fears are amplified when articles are posted that proclaim to show the buyer how to avoid getting ripped off. It’s true, dealers will try to sell you products or services that you don’t need or are not a good value, but all you have to do is prepare a little to make sure you know what to decline.

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