We bought so many cars, you guys. We bought like, more cars than we have ever bought before. Millions and millions of them! As Automotive News reports, we bought no fewer than 17,470,659 cars and trucks, beating out our previous record in the year 2000.
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.
Labor Day weekend doesn’t just mark the end of summer (except here in Texas, where that usually drags on to mid-November) and the start of fall, it’s also one of the best times of the year to buy a new car. You or someone you know might be doing that this weekend, and if so they might be considering leasing.
Here’s a scenario: for the last few years you’ve enjoyed a brand new car with lower payments because you leased instead of purchased. Now that the lease is coming to an end, you have a few options to consider, but you will want to do some planning ahead of time.
According to a new study by Edmunds, Millennials lately are leasing cars much more than older buyers. While leasing can be great way to get a new car and keep your monthly budget manageable, some young buyers don’t seem to be approaching leases the right way.
Leasing might get a bad rap among some folks, but when an all-electric Fiat leases so cheap the fuel savings neutralize your lease payments, that’s a tough deal to pass up. A bunch of California racers recently took advantage of this offer and snatched more than 80 Fiat 500e models in a single weekend.
It's not your imagination; average pickup truck prices have risen aggressively in the past few years. Trucks are moving upmarket, buyers want to trade-up sooner, and they're focusing on "payments" over "price" so they can "afford" these heavy-duty luxury vehicles every three years.
So you finally landed that office job where you have to put on a suit and use pointless buzzwords. Here's the problem: All your coworkers drive fancy cars. You want to "look the part" and not show up with your rusted-out beater, but you can't make the payments on, say, a Bimmer or a Lexus. Or can you? Welcome to…
About a year ago I leased a Subaru BRZ; I thought it would be awesome. Now I'm annoyed by the lack of power and could really use something with more space. How would I go about getting out of the lease? Should I suck it up and pay the penalty, or stick it out and wait until the lease is over?
Welcome everyone to round three of the Car Buying "Great Debate" series. In the party-pooper corner, Tavarish says that leasing a new car is really just a slavery-inducing rental and you are throwing money away. However, if you work the numbers right, leasing a vehicle may be the smarter way to drive a new car.
New car sales had a record year in 2014, this also means that dealers were taking in more trades than before. Now used car inventories are piling up and dealerships are looking for ways to put budget minded buyers in more expensive pre-owned cars. According to a recent survey, we could see the rise of pre-owned…
Elon Musk announced yesterday that the upcoming Model 3 would be priced at $35,000 before any incentives. This is a tall order and I am skeptical if Musk can actually deliver, but if he does, he will drop a bomb on the highly competitive entry level luxury lease market. The Model 3 may even be the cheapest luxury car…
Car shopping wisdom says that you could save big by choosing a leftover when a new model comes out. Dealers are more likely to discount the previous generation and make room for the refreshed car on the lots. However, when shopping for a lease the older car might not be the best value.
In September 2013 Mercedes released the compact CLA for $29,900. It was the first "affordable" Benz since the C coupe that Mercedes would much rather forget about. That sub $30k price was a hook to get new lessees into the dealership, and it worked. Just fifteen months later Mercedes quietly raised the price.
We all know that certain cars that are either limited production models or high demand will often be "marked up" above sticker price. In some states this is illegal if not documented correctly. But you could be paying too much for that car even if you are not buying a hot model.
For all of you who think leasing a car is the worst financial decision ever and want to say "If you can't afford it, you shouldn't get it!", stop reading now, hop on your high-horse and gallop into the comments. Now for the rest of you, here is what you really need to know about leasing a car.
Today we had you "show us" how you would spec your Hellcat, but did you know you can lease one? I know that many of you think leasing a car is the worst idea ever, but hear me out. "Borrowing" a 707hp, tire-shredding Challenger Hellcat could be the best-worst idea ever!
I really like the new BMW 228i but it is out of my price range. It would seem that a CPO 128i might be a good alternative. I have a budget of about $25,ooo and would be willing to use 5 grand for a down payment. However, I don't drive that much and I'm thinking that leasing might be an option. What should I do?
Luxury car purchases are out of reach for most people. That is why so many folks either lease or go the pre-owned route for high-end hardware. Many people dismiss leasing because you never retain ownership of the car, however that doesn't mean you can't generate "equity" to use later.
My old jalopy is about to die on me yet again, so it's time for a new car. I'm wondering if I'd be better off leasing my next car instead of buying it. Which is the better deal, leasing or buying with an auto loan?