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Car Dealer Tricks: Increasing the Term of the Loan
Car Dealer Tricks: Increasing the Term of the Loan

Dealers are between a rock and hard place. The downturn in the economy has decimated their ranks and consumers are using the Internet to get great deals on the selling price of new cars. One way that dealers make up the lost profit is to work hard at increasing their profit margins at the many...Read More»

2011 Toyota Camry LE
Car Dealer Tricks: Car Loan Tactics

It’s crunch time for car dealers. Their ranks have been decimated by the downturn in the economy. If that weren’t bad enough, savvy car shoppers are using the Internet to negotiate great buys on the selling price of new cars. It’s no longer the norm for dealers to sell cars for...Read More»

2011 RTR Mustang
Car Dealer Tricks: Getting The Best Deal Possible

Today’s car buyers are using the Internet to make great deals when buying cars from dealers. It’s now become the exception for consumers to pay the full sticker price for new cars. Instead, the norm is to have customers walk into a showroom knowing the dealer’s actual invoice cost...Read More»

2010 Dodge Ram 1500 2WD Reg Cab 120.5" SLT Open Doors
2011 Ram Laramie Longhorn Edition

Chrysler has announced a new package to the Ram truck, formerly known as the Dodge Ram--the Laramie Longhorn. The Ram Laramie Longhorn edition will be available on 2011 Ram 1500, 2500 and 3500 models and is billed by Chrysler as the “most luxurious Ram Truck ever produced by the...Read More»

2011 Volkswagen Jetta
Video: Volkswagen's Talking Newspaper Ad

Times are getting mighty weird, folks. It took me a while to get used to people talking to themselves in their cars before I realized they had hands-free devices for the mobile phones. Then came the Bluetooth device in the ear so people could walk down the street, appearing to talk to themselves...Read More»

2009 Infiniti G37
Car Buying Guide: A Tale Of Two Car Dealers: Part III

When I helped a friend buy a used car from a major dealer, I knew we were vulnerable to manipulation around the trade’s value. As an ex-Internet Manager for a major dealers and someone who teaches people how to buy and sell cars, I made sure I used every insider secret that I knew about the...Read More»

2000 Nissan Pathfinder
Arizona Curbstoning: A $100 Million Problem: Part II

Car buyers in Arizona have a choice: buy from a dealer and pay sales tax or buy from a private seller and don’t pay sales tax. Sales tax in Arizona varies by the county and city, but averages around 9 percent. If you are forced to pay Arizona sales tax on a $15,000 vehicle, it adds $1,350 to...Read More»

2010 Mazda6
What Are The Insurance Costs For A 2011 Mazda6?

Many people are very curious to know what the insurance costs for the 2011 Mazda6 will be. Unfortunately, since the car has not yet been released in the United States, it’s difficult to know exactly what the expected insurance costs are. However, if you are planning on purchasing one of these...Read More»

2003 Ford Windstar Wagon
Ford Recalls 575,000 Minivans Due To Axel Issue

The Ford Motor Company has issued a voluntary recall on Windstar minivans because of a problem with axels that may crack after exposure to road salt. The issue could result in a crash. Ford says that in a small number of cases axles have fractured on the right or left side, affecting vehicle...Read More»

2001 Pontiac Grand Am SE
Trade Your Car Or Sell Privately: Pros and Cons: Part I

It’s a lot easier to trade-in that old clunker taking up space in the driveway compared to selling it privately. The problem is you probably won’t get as much for it at a dealership as you will selling it on Craigslist, Backpage, Kijiji, or the many premium websites vying for your business...Read More»

2010 Volkswagen Passat
Free Credit Report: Save Money On Your Car Loan By Managing Your Credit: Part II

Yesterday we discovered that managing your credit is crucial if you hope to get the best interest rate on your car loan. See Part I here. If you end up paying a few percentage points more than necessary, it can cost you hundreds, even thousands of dollars more than it should over the term of the...Read More»

2009 Pontiac G5
Free Credit Report: Save Money On Your Car Loan By Managing Your Credit: Part I

Managing your credit is crucial if you hope to get the best rate on your car loan. Paying a few percentage points more than necessary can translate into shelling out hundreds, even thousands of dollars more than you should over the term of the loan. The added interest expense can also increase your...Read More»

2010 Nissan Titan
Help! Doug: Why Are Auto Lease Details Kept Secret From Consumers?

Q. My accountant says that I should lease a new truck. However I don't understand auto leasing and when I try to negotiate with the dealer, the things I consider important to know seem irrelevant to the dealer. First of all, I want to know what kind of profit the dealer is going to make on the...Read More»

2010 Buick LaCrosse
Car Dealer Tricks: Won’t Return Keys Or Registration - Part III

“Old school” car dealers tend to use tired and worn out tricks to get their customers to pay more than they should or want to. One of their favorite tricks is to keep a customer’s keys and registration after they evaluate the trade to force them to continue negotiations. A Rude...Read More»

2010 Chrysler 300
Car Loans Easier To Get As Interest Rates Stabilize

Lenders are easing credit restrictions as car loan interest rates settle to manageable levels. The result is more consumers qualifying for car loans, including sub-prime borrowers who have had the most difficulty getting another vehicle. According to Bankrate.com’s July 15, 2010 Interest Rate...Read More»

car battery
Die Harder: Power, Juice, Thousands of Fun Watts

What is the sexiest, most appealing part of a car, you ask? Ok, no one asks that except for slightly deranged hot-rodders who fantasize over curvaceous sheet metal after having inhaled way too many paint fumes. So our next question is, what is the hardest working part of your car? Your engine?...Read More»

2002 Chevrolet Impala LS
Car Dealer Tricks: The Independent Trade Value (Part II)

We’re looking at tricks that car dealers use to get more money out of customers than they want to pay. This compares to being upfront and transparent in their business dealings. Part II describes the specific trick of using a supposedly independent trade valuing source to buy a trade for less...Read More»

Semi trailer
Truck Tire Change Made To Look Easy

If you have seen truck tire carcasses on the highway, you have probably wondered how that truck could continue on without the missing piece. Most likely it didn’t. What the trucker was forced to do was to pull over to the side of the road and call a guy like Junior Blackmar of Kissimmee, Florida...Read More»

2000 Chevrolet Camaro SS Convertible
Crosley On A Pole Has Future Up In The Air

In an age of variable message signs and LED digital displays, does a car on a pole have any chance of surviving into the next calendar year? Possibly not unless a Hanover County Virginia Board of Supervisors decides to alter an earlier position they took on the future of the Crosley in the air. It...Read More»