If you want your used car search to be as painless as possible there’s something to be said for opting for one of the most popular models. After all, popular is bound to mean plentiful, so you’re almost guaranteed to have lots of choice without having to travel far from home, plus there will be a wide range of trim levels, fuel types and engine sizes to suit different tastes and budgets.
When talk turns to investing in cars one tends to think of barn find Jaguars or Ferraris polished to within an inch of their life. However, it is perfectly possible to buy a car that has a chance of increasing in value without needing a huge stack of bank notes to start with.
That’s where today’s five contenders come in, each of which we believe is in with a solid chance of earning you a bit of money over the next decade. Continue reading >>>
The idea behind this new weekly feature is hopefully self-explanatory, but if you’re yet to have your morning coffee and need a helping hand, we’ll be scouring the CarGurus classified listings to find examples of hot hatches that can now be bought for a bargainous 50% of their original price. This week we look at the brilliant Mk6 VW Golf GTI. Continue reading >>>
We all want a good value when buying a used car. Who doesn’t love picking up a five-year-old low-mileage car for 60 percent less than what the car cost new?
Getting a great used car deal is the holy grail of car shopping for many value-oriented shoppers. My best experience was scoring an almost half-price deal on a used car that had been sitting on a dealer’s lot for a long time. It was a base model and had a 5-speed manual. No one wanted the car, the dealer wanted it gone, and I made a half-price offer, which was accepted.
That was a little over five years ago. Today’s best bargains are a little different. In fact, they’re electric. Continue reading >>>
There’s a perfect storm of conditions coming together to ensure that car buyers can walk away with the deal of a lifetime on a late-model used car.
It began in 2014, when automakers wanted to jump-start their sales by offering crazy low lease terms to lure folks into dealerships. It worked and new car sales and leases have increased steadily until this year.
The momentum of new car sales is starting to slow, partly because the cars leased in 2014 and 2015 are now coming off lease. In fact, an estimated 12 million low-mileage vehicles will come off lease by the end of 2019. Continue reading >>>
Following financial news is about as invigorating as watching cantaloupe ripen, which is why the vast majority of us don’t include it as a regular pastime.
Financial developments, though, can have lasting impacts on our lives and affect the ease with which we buy houses, cars, and other items that typically require financing. Trends in the automotive finance industry can also provide a glimpse into the future of car prices and help us find the perfect timing for purchasing a new or used car.
With that in mind, we have some interesting news to share from Ally Financial, formerly GMAC, that might be good news for used-car shoppers who love to take home a great deal.
The news is not so great if you’re an automaker, a dealership, or the CEO of Ally. Continue reading >>>
Let’s say you are one of the millions of Americans who are in the market for a used car. Given that you’re reading a car-shopping website’s blog, that probably isn’t a huge stretch of the imagination. With 2014 models coming off lease, now is an excellent time to buy a used car that still has some of its youthfulness and shine left. So we decided to take a look at how some strong 2014 models have fared since we first looked at them critically when they started rolling off the assembly line. A good deal of what we had to say when we first looked at these cars brand new probably still has a lot of value. Continue reading >>>
This is a true story: A friend had purchased a new-to-her Honda CR-V. She was instantly in love with the car, a spotless low-mileage white 2006 model. After a few days of driving, however, she started to notice a peculiar smell. The odor worsened over the coming days until it became so offensive in the summer heat that she had to drive with the windows down.
She scoured the car for the source of the smell with no luck until, one day, she discovered a rotting tuna sandwich under the driver’s seat.
It’s not uncommon to find forgotten possessions in used cars, but they normally amount to some loose change or stray crayons.
A man in Kentucky, though, may have won the award for the most interesting find yet. Continue reading >>>
About a year ago, I bought a Porsche.
I probably should have listened to my father-in-law, who has raced Porsches and owned roughly eleven 911s. This guy has experience and told me that I’d probably regret the purchase.
“Getting an older 911 is risky,” he said. “They are expensive to maintain and repair, and there will always be something that needs to be fixed. Don’t do it. Get a Miata or something instead.”
Well, me being the defiant, brand-driven, performance type didn’t care much for that advice. So I went out and bought a 2002 Porsche 996 911 Targa. Those low-slung Porsche looks, that Stuttgart logo, and the trademark purr of a Porsche engine were all it took to convince me to sign up for more than just a couple years of Porsche payments.
I should have listened to my father-in-law.