New and used cars are going for premium prices. If you plan to buy a vehicle soon, consider the changing market so you’re not taken for a ride.
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Cars To Keep Your Teen Driver Safe
If you’re considering buying a car for a young driver, or helping them buy one, it can be a tall order. It’s important to find one that’s budget-friendly, affordable to insure, and most importantly — safe.
According to the Institute for Highway Safety, teenagers have crash rates of almost four times more for each mile driven, than drivers who are 20 years and older. Continue reading
Why Used Car Buying is on the Rise
Due to a global semiconductor shortage, production on certain new cars has slowed, causing used car sales to soar. Like the housing market, it’s a boon for sellers looking to sell or trade in their current vehicles, not so much for buyers who are paying premium prices for both new and used rides. According to recent data, used-car prices rose by 21% in April since April the same time as last year.1
How to Buy a Car During COVID-19
The ever-changing reality that is COVID-19 has altered the face of car buying for the foreseeable future. Buyers are entering uncharted territory as they attempt to secure keys to their new ride. Social distancing requirements have made it more challenging to walk into a dealership and drive off in a new car. But this doesn’t mean you can’t or shouldn’t buy a car during the coronavirus pandemic. In fact, now might be one of the best times in recent years to buy a car.
Is Your Car Road-Trip Ready?
You’re off on a grand adventure, so you want to know your vehicle is up for the drive.
How to Lower the Cost of Car Ownership
By Lynnette Khalfani-Cox, The Money Coach®
Having a car these days isn’t cheap. In fact, Kelley Blue Book reported that the estimated average price for new, light vehicles in the U.S. was $35,511 in June 2018.
How Much Car Can You Afford?
By Lynnette Khalfani-Cox, The Money Coach®
When you go to a car dealer to purchase a new or used vehicle, one of the first financial questions that a car salesman will typically ask you is: How much do you want your monthly payment to be?
How to be a Savvy Car Shopper
You’re probably excited about buying a car, but you need to make the right maneuvers before you can drive it home. Here are tips to find a good deal on a car that you’ll enjoy driving and can afford to maintain for however long you own it.
