In celebration of Presidents’ Day, Feb. 15, our founding fathers would probably prefer you to actually pay attention to the issues in our next election. But buying a car is more fun, and you will do much better if you start your shopping in advance.
In my line of work, I’m constantly told two things by the general public: All cars are nothing but money pits, and My uncle has a ‘65 Mustang that’ll be worth 200 grand in three years, but I’ll sell it to you for $6500. Both statements are obviously bullshit, but not because cars in general are bad investments—far…
I now know what it feels like to literally throw money down the drain. Let me rephrase. I know what it’s like to take hundreds of dollars, rip them them shreds and then toss them down a garbage disposal. That is exactly what I experienced with my most recent car purchase and I don’t want to repeat this again.
When an all new model comes out, especially one that wins a bunch of mostly meaningless awards, some car dealers will use this as an opportunity to get you to pay more. Depending on the available inventory, a smart shopper can still score a great deal.
Check-kiting is a form of fraud where someone continually writes bad checks between their accounts, but you need to know that shady car dealers might also “kite” a used car. And the good news is that it can easily be avoided if you follow this simple advice.
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Dealerships will try all kinds of things to convince you that they are offering HUGE SAVINGS. Some of them even resort to giving things away like free televisions, free maintenance, or even a free car. Usually, the deal isn’t so great once you run the numbers.
Gather ‘round, boys and girls, men and women, Crest and Colgate, because it’s time for your favorite annual event here on Jalopnik: the one where you help me choose a new car that I will use to create columns and mediocre YouTube videos for the next year.
Need cash fast but can’t find anyone who will lend it to you? Have a car with a clear title? Maybe you’ve heard that you can borrow money against that title and get a “Title Loan.” Don’t.
From time to time I get calls from people who think they are about to get sued. It’s usually because they sold someone a used car and something went wrong. Here’s why they have little to worry about.
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Purchasing a car isn’t easy. New car or used car? Import or domestic? All-wheel drive or rear-wheel drive? These are only a few of the many questions that can come to mind, and sometimes despite your best efforts, you end up with the wrong car. Here’s 10 times where that can bite you in the ass.
There’s a right car for everyone. But not everyone buys the right car for them.
The car market is more like real estate than a lot of people realize; location has a lot to do with how much you will pay. The good news is if your local market is tough, you can buy a car from wherever you want. How much you can save could depend on how far you’re willing to go.
Finding a well-kept car on Craigslist isn’t the easiest thing in the world. For that you can probably thank the overpopulation of insanely crappy cars, like these 10 majestic crap-heaps.
If you are buying a vehicle from a private seller, you might be more likely to get the price you want if you bring cash to close the deal. However, if you are getting a car from a dealership, cash isn’t always king.
In my 24 years of practicing law, I have spoken to thousands of consumers who were ripped off when buying used cars. There are a few themes I hear over and over again. I’ve condensed what I have seen to a few simple rules which will help you if you follow them.
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Picture this: You’re buying a new car from a Chrysler dealer, and they say you can get another $200 available from the factory on your purchase. Then they ask you to sign a document which contains a binding arbitration clause.
Now that internet car shopping has become more commonplace, some dealerships are doing everything in their power to avoid giving you a written quote. One of the newest tactics is requiring you to submit a credit application in order to send you a price. Don’t fall for this.