News, ideas and information especially for used-vehicle shoppers
If you’re out shopping for a vehicle this Labor Day weekend – and many Americans will be – here’s something to think about: You may find that some new and used models are in tight supply and pricing is less…
How will I know when to buy a new car? That’s a question many Americans ask themselves every year. For almost 170 million the last three years, the answer was “now,” whether that meant new or used. More than 32…
Americans seem to be returning to more normal car shopping behavior after weeks of shutdowns or curtailed operations across the country. More than 1.1 million shoppers purchased new cars last month, a significant increase from April. Many of those consumers…
Chances are this isn’t the first time you will hear that buying a used vehicle could make more financial sense than buying a new model for some shoppers. Especially if purchasing a year-old “gently used” car offers great value compared…
If certified pre-owned (CPO) vehicles are so great, then why do they represent less than a quarter of franchise dealers’ used-vehicle sales? And less than 10 percent of franchise dealers’ overall sales of new and used vehicles? And less than…
Keeping a vehicle long, long after purchasing it new probably means you made a good decision in the first place. There’s also a good chance you bought a Toyota or a Honda. “Owners are more likely to hold onto cars…