Category: Auto

Every car buyer faces this conundrum, and while we’d love to say there’s an answer as to which is better we can’t. It depends on a variety of factors including your wants, needs, budget and how much risk you’re willing to take. Hopefully we are able to provide you a little clarity and help you get ready for the exciting part of the car buying journey – test drives!

First, have you smelled a new car? That alone will drive some people to only look at new cars – just something about that smell. Realistically there are plenty of benefits to buying a brand new car, and technology is a big one. In our ever changing world, even a car one year older can have drastically different technology than the current year. If [...]

If the thought of buying a new car makes you feel slightly nauseous and dead inside, you are not alone. Most people view the car-buying process as just something to get through, rather than a joyous occasion. Whether it’s the haggling, or the hidden fees, or the hours of your life you’ll never get back, buying a car can leave you stressed out, overwhelmed and feeling like you’ve just been had but you’re not sure how. But it doesn’t have to be that way.

1. Know the type of vehicle you want before you arrive at the [...]

Buying a new car is always an exciting but often stressful experience. Most people would rather give up the best things in life than negotiate with a dealer. Not only do you have to negotiate with multiple dealers, finding the best option also requires hours of research and price comparison. So by the time you sign your documents and drive your new car off the lot, buying an extended car warranty would be the least of your concerns. This is very common among car shoppers.

The purpose of this article is to help you understand how extended car warranty works and if it’s a good investment for you in the long run.

There are two types of warranty: original manufacturer warranty, or OEM, and an aftermarket warranty offered by a [...]

Who doesn’t get excited about buying a brand new car? While buying a new car is always alluring, a smart consumer will take a hard look at the cost savings of buying a new vs. used car and consider value and depreciation.

It is true that on average, a new car will depreciate by as much as 11% the second you drive it off the lot, and it will lose up to 30% of its total value in the first year. By the end of year 3, you can lose up to half of the original price you paid for your brand new car.

Used cars, on the other hand, don’t depreciate as fast. Say you bought a car that’s 3 years old for $15,000. You could still sell it for $10,000 three years later, so it will depreciate [...]