Will a new car or a used car give you the most bang for your buck? Some people prefer used cars, since the initial depreciation has already fallen off the vehicle. Others will only drive a brand new car. Which one is best for you? Learn the pros and cons of new and used vehicles here.
Consumer Reports: Some Used Vehicles More Reliable Than Similar New Vehicles
Consumer Reports’ 2011 used-car reliability survey found that Japanese automotive brands are the most trouble-free. The magazine also found 11 vehicles from the 2008 model-year that had the same or fewer number of problems compared to similar 2010 model-year vehicles in the same class. Consumer Reports says the most trouble-free 2008 models were the Toyota FJ Cruiser and Toyota Yaris, with 11 and[…] Read More.
Crash Study Looks at Side Airbags, Vehicle Structure
If you’re driving a vehicle that performs well in side-impact crash tests, you’re less likely to die in an actual accident, according to a new study released today by the Insurance Institute for Highway Safety. The IIHS only looked at passenger vehicles with side airbags. The study’s conclusion is that a driver of a vehicle rated good for driver protection in a side impact is 70 percent less like[…] Read More.
More Used Vehicle Buyers Using Internet in Shopping Process
It’s common for new car shoppers to use the Internet for research before they go to the dealership, and the trend is increasing among used vehicle shoppers as well. Sixty-eight percent of used vehicle buyers used the Internet in their shopping process in 2010, which is an increase of five percent from 2009, according to the J.D. Power and Associates 2010 Used Vehicle Market Report. Online classi[…] Read More.
Used Car Prices Up Thanks to Success of Certified Pre-Owned Programs
Due to the success of certified pre-owned vehicle sales, the entire used car industry is experiencing a price boost. The average price paid in the U.S. for a three-year-old used vehicle in September was $18,832, Edmunds.com estimates. This is an increase of $1,471, or 8.5 percent, from September 2009. “Used cars are in great demand and relatively short supply, so their prices are remarkably […] Read More.
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