More than 212,000 flood-damaged cars are on the roads all over the country, according to new data from Carfax.
More people buying a car this year means more car salesmen that are new on the job, according to a Chase study.
Used-car prices are expected to increase in the near term as a result of Superstorm Sandy.
If you drive an older car, especially one that’s eight years old or older, you might think it’s immune from theft. After all, who would want it? But old cars are much easier for car thieves to steal than newer models because they don’t have the theft-prevention features that are standard on all cars today.
I received an email this week from a rental car industry insider asking me if I had any figures on the percentage of late-model used cars that were originally owned by rental companies. I didn’t have up-to-date numbers for her, but we did eventually get into an interesting discussion about the merits of buying used-cars
With all of the negative financial news and stock market woes, it’s easy for youth to think achieving wealth is impossible. Of course, starting a business or become a Hollywood reality star can help anyone fast-forward their way to wealth. But for those of us who aren’t interested in building an empire, creating wealth is possible
If you’ve been sitting on a used car for a while and have been waiting to sell, now is the time. Used-car prices may be nearing a peak, reports Tom Krishner of the Associated Press: People are holding on to cars and trucks for about a year longer than they did before the recession, which
This is going to be my last post on new cars vs. used cars for a little while as I head out on a much-needed vacation. For those keeping score, used cars have won a decisive victory in the Cars Blog comments section and after numerous smackdowns, I’m crying uncle (at least for the time
Many readers were a little uneasy with my post about how new-vehicle incentives are affecting the age-old new car vs. used car question. I can understand that; the conventional wisdom in the frugal community seems to be that depreciation, especially with that dreaded “50 percent as soon as you drive it off the lot” rule
There were lots of great comments from readers on my last post on whether to buy a new car or a used car. Commenter Debra James weighed in against thinking of cars as a monthly expense: “I still stand by my belief that if you can’t afford to pay cash, or in the event of