If you took Economics 101 in college, you probably at least remember that “supply and demand” is a thing. We can see that most basic of market principles on every used car lot in America right now. The market is saturated with pre-owned vehicles, which means prices are down. As such, it’s not such a great time to sell…
I can sum up my ownership experience of a 2004 Launch Edition Volkswagen Phaeton W12 exactly the way my friends describe their boats: my two best days were the day I bought it and the day I sold it. That said, the experience was bittersweet, mostly because I had a pretty good handle on the backstory of the car.
The declining market for sedans and economy cars isn’t just being felt across dealerships, it’s also giving rental car companies like Hertz a lot of trouble.
Now is a great time to buy a used car, but getting a quality pre-owned model can be a daunting process compared to shopping for a new one. There are a lot more factors to consider to get the right car at the right price. Here are some of the most common mistakes used car shoppers make.
Maserati is just now getting around to offering a certified pre-owned program, which isn’t surprising since historically Italian cars and reliability didn’t often go together. But if you want a depreciated Maserati and worry about repairs, a CPO car could be just the thing.
Now’s a really good time to be buying a pre-owned car. For buyers on a budget, a used model will often get you more for your money, but is it worth paying more for a pre-owned model that is “certified”? It all depends on the vehicle and the market.
If you’re looking for a good used car in the $8,000-$10,000 range, you may have a tougher time than normal, reports The Detroit News. So few new cars were sold during the recession of 2009 and 2010 that the used car market simply wasn’t replenished with as much fresh sheet metal from those years as usual.
As technology further integrates into the car industry, doing things from the car continues to get easier. You can have Volvo drop off packages, talk to Amazon’s Alexa and all sorts of things. But technology can also allow people to access cars long after they’ve sold them, which is enough to leave any buyer…
I love driving—and occasionally fixing—my 32-year-old BMW. The various flaws and quirks it has picked up over the decades are part of its charm, its character. But like any old car owner I often wonder what it was like when it was brand new, shining and pristine. One Jalopnik reader just found out by buying a 2006 BMW…
Everyone is buying crossovers, and folks are spending some good money on fully loaded models that usually max out around $35,000. But a lot of buyers don’t realize there are some great, used luxury models that can be had for that price without giving up much warranty.
You will typically get more for your car by selling privately, rather than to a dealer, but that transaction can get complicated if you still have a balance on your loan. With a little preparation and clear communication with the buyer, you can navigate these extra steps successfully.
I tell people all the time that cars, especially pre-owned ones, are more like real estate when it comes to the prices in various metro areas. A recent study looked at used car prices across the country to figure out which cities pay more and which metros are getting the bargains.
If you have $25,000 to spend on a car you have tons of quality choices, but it can be awfully hard to beat a gently used BMW 3 Series. And right now is a great time to pick up a “Jalopnik Special” 3 Series for a reasonable price and plenty of warranty left.
We’re doing an on-air roundup of all the cars we drool over on Craigslist over the week. Tune in!
There’s no doubt about it: most cars suck far less than they used to. Even a standard economy car these days is better than one from decades ago in terms of build quality and reliability. As a result, the cars on the roads now have a higher average age than they used to.
Normally, there’s not a whole lot to like about a Craigslist used-car ad generated by a crude text-generating algorithm. Normally. But this time, thanks to pure pseudo-random chance, whatever’s making these scam ads actually manages to crank out some smile-inducing copy. It’s the little things, sometimes.
You don’t see this quite as much as you used to, but every now and then car manufacturers build something that is a complete catastrophe. They throw all this money into a new product which doesn’t sell and then hardworking employees end up losing their jobs and get sent home in letdown automobiles like the Cadillac…
The Chevette was never a great car, I get that. But I’m not sure the Chevette was so bad that it’s worth offering to fellate a stranger just to get rid of one. I mean, maybe it is, because there’s at least one person in Kansas City who’ll go down on you if you take a non-running ‘86 Chevette off their hands.
We Jalopnik staffers spend our days looking at cars one the internet: new cars, old cars and, most worryingly, cars for sale. If you’re curious what cars we keep double, triple, quadruple checking on Craigslist, fantasizing about what our lives would be like with them, writing their names next to our in little…
When recommending cars to other people, it’s easy to fall into a pattern and suggest the same old BMWs, Hondas, and Toyotas. The problem with those picks is they tend to carry higher prices due to their popularity. Sometimes the key to finding great values is to look for cars that others forget.