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A Used Lease Car Could Be A Good Buy
As the 1994 models arrive in car showrooms, dealers are also selling 1992 models whose two year leases have just expired. The dealers started heavy promotion of two year personal leases a couple of years ago, and now the trade ins (or lease ins) are coming back for resale. Are these used cars, which are often in excellent condition, good buys? "It depends on how long you plan to keep the car," s ...
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Car Leasing Strategy
A lease deal could be as good as a purchase deal but it often isn't. Besides using confusing language, some salespeople use unethical sales tactics like convincing people to pay what amounts to more than the full sticker price for their leased car. Some of the tricks reported to consumer protection agencies are downright illegal like cheating people out of the credit for the car they trade in, or ...
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Fuel Economy And Used Cars
But don't old cars waste limited petroleum and pollute our air and water? Yes and no. Nobody should operate a gas-guzzling, oil-dripping, smoke-billowing dunker except to get it to a mechanic or junkyard. But, when run hot over country distances and at road speed, a properly maintained-and-tuned older car is cleaner than a poorly maintained new model. Only when large numbers of city cars stop an ...
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Online Car Market Revs Up
HOPING TO MOTOR into the burgeoning automotive e commerce market, a former distribution manager from Ford Motor Co. and two information technology firms last week unveiled a plan to create an online market for used vehicles and car dealers' supplies. The online network at the Web site e401.com, called the Retail Auto Exchange, will focus on auctioning and selling previously leased and used vehic ...
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New Car Auction Articles...
Image Ten Ways To Check A Used Car
Before you take the time and spend the money to have a car inspected by a mechanic, here are some checks you can perform yourself. 1. Look for misaligned body panels or mismatched paint, which can indicate that the car has been in an accident. Check outdoors when the light is good. 2. Check for rust on and under the doors, under the carpeting, around the wheel openings, and inside the trunk. R ...
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Image This Car Dealer May Be Going Places
Given the death and destruction trailing Hurricane Charley, anyone might miss noticing some of its minor victims. One would be CarMax, the chain of used car superstores with many outlets in Florida and throughout the soggy Southeast. As skies there cleared, a low pressure system hovered over CarMax shares. The damper Charley put on car shopping is not the first trouble CarMax has suffered. Since ...
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Image Used Car Buying Opportunity
Is the auto boom slowing? Depends on whom you believe. A recent Wall Street Journal page one headline read, SLOWING DOWN: EVIDENCE IS GROWING THAT U.S. AUTO BOOM IS COMING TO AN END. Two weeks later Windsor Fund manager John Neff, one of the great stock pickers of his generation, told the New York Times that he's buying Ford Motor and Chrysler. Who's right? We'll put our money on Neff. So do Th ...
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Image Used Car Buying Tips
If you intend to buy a used car from a dealer, and not from a private party, look for the "Buyers Guide" sticker on the window of each used car. The sticker, which the Federal Trade Commission's Used Car Rule requires dealers to place on their cars, will give you important information and suggestions about making the purchase. For example, the guide will tell you: - Whether the car comes with a ...
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Image Would You Buy A Used Car From A PC
From a Web based seller, that is. You can, with caution. No matter how you cut it, buying a used car can be a hassle. On a dealer's lot, you get pushy salesmen and somewhat limited selection. On the other hand, do it yourselfers face endless pages of classified ads, registration hassles, phone calls, visits to strangers, and nagging concerns about quality. Relief comes in knowing that some of ...
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