Residual value. It’s a term often uttered, but rarely really understood. It could mean the difference between a good purchase and a money pit. Residual value is what makes your car purchase a good long-term investment, not just a good buy the day you pick it up from the dealer. Edmunds.com has released it’s newest […]
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As automakers experience slow sales due to high gas prices, Chrysler introduced an incentive on Monday that is sure to appeal to those worried about increasing fuel prices. Chrysler is offering new car buyers a card good for gas purchases that will lock in the price at $2.99 a gallon for three years. The fuel […]
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The Federal Reserve lowered interest rates today by a quarter of a point to 2%. Don’t expect the rate to go lower any time soon though, as the Fed has indicated that rates will remain steady for a while.So who does this rate cut affect? If you have fabulous credit, then listen up. You can […]
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With the credit crunch in full-force and consumers having a difficult time paying their bills, those who need a new car and don’t have superb credit scores may now be able to qualify for a new car with Chrysler, reports the Detroit Free Press. Especially with Chrysler’s 15.5 percent decline in sales this year compared to last […]
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VW will add a free Carefree Maintenance Program to its 2009 models. This will cover all scheduled maintenance for the duration of the three-year/36,000 mile warranty. This will only cover three services at the 10,000, 20,000 and 30,000 mile intervals. Currently, VW’s new car warranty for its 2008 models is for four years or 50,000 […]
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March has been a tough month for automakers selling in the U.S. The economy is the weakest it’s been in years and consumer spending is weakening. Reports out of Detroit are saying there’s been a 12% sales decrease which seems like a small number, but translates to millions of dollars. Dealerships across the nation were […]
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Toyota has officially cut the price of it’s Prius Hybrid in China by roughly $3,000. The move was made in an attempt to keep the Prius desirable in an ever growing market. With both Honda and General Motors now introducing new hybrid models in the Chinese market, the threat to Toyota’s hybrid supremacy is quite […]
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Today both Ford and Toyota have reported that sales in February were down. Ford was down 6.9% and even the F Sereis pick up was down, Ford’s big selling product. Toyota wasn’t much better, down 2.8%. Toyota Corolla sales dropped the most for them. The good news as you will see in an article in […]
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Times have changed. The days of going into your friendly neighborhood dealership and sitting down with a smiling salesman are coming to a close. The way we shop for cars is not the way your dad shopped for cars. The internet has vastly improved a consumers resources. Any average Joe is just a few clicks […]
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In a bid to move remaining Pacificas, Crosfires, Magnum wagons, and PT Cruiser convertibles, Chrysler is offering huge discounts on remaining models. These particular models will be dropped from the line-up next year. Heavy incentives will be offere starting in late November, and going on through December. That last month of the year in particular, […]
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