car buying

New Cars More Affordable Than They've Been Since 2004
New Cars More Affordable Than They've Been Since 2004

Attention, shoppers: new cars are more affordable today than they've been in over five years. According to Comerica Bank's Auto Affordability Index, it now takes the average family 21.9 weeks of income to pay off an average-priced vehicle. Sadly, that's not because household income has risen, but...Read More»

2021 Hyundai Elantra
VIDEO: A Look At General Motors' Satisfaction Guarantee

General Motors' new "60-Day Satisfaction Guarantee" (pitched by new CEO Ed Whitacre in the TV spot above) has sparked a good bit of comment, both positive and negative. Those in support of the policy argue that GM has finally taken notice of customer-oriented programs offered by its competitors...Read More»

2009 American Customer Satisfaction Index
Survey: Americans More Satisfied With (Most) Auto Purchases

According to new data released by the American Customer Satisfaction Index, U.S. auto buyers have become happier with their vehicles over the past 15 years. Between 1996 and 2009, auto customer satisfaction has risen by five percentage points, from a 79% average to 84%, with the bulk of that...Read More»

U.S. Capitol
BREAKING: Feds Release Sneak Peek At Cash-For-Clunkers Rules

In an effort to meet its deadline for releasing the rules of the federal "Consumer Assistance to Recycle and Save" initiative (i.e. the official, clunky name of the cash-for-clunkers program), the government has released a 136-page PDF offering more detail than many will want about CARS. However...Read More»

Used car salesman
Hey, America: How Long Are You Gonna Drive That?

In 2006, research outfit AutoPacific polled new car buyers in the U.S. and found that 44% intended to hold on to their vehicle for at least four years. One recession later, and the figure has risen to 59%. However, that may not be all bad news--at least not for buyers. The jump might be due to...Read More»

Gas gauge
Frugal Shopper: Want A Fuel-Efficient Deal? Act Now!

Thinking of buying one of the most fuel-efficient cars like the Toyota Prius, the Honda Insight, or even the Ford Focus or Chevy Cobalt XFE this year, but waiting for even lower prices as dealerships become more desperate to move inventory? That’s probably not going to happen. It’s true that...Read More»

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