Tag: car buying
Why Dealer Maintenance Packages Are Usually a Bad Deal
When you buy a new car, the dealer will likely pitch you their maintenance package. They’ll tell you it’s convenient, cost-effective, and takes all the worry out of car care. Most of the time, they’re wrong on all three counts. These prepaid service plans often cost more than getting the same work done elsewhere, lock read more
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Best Time of Year to Buy a New Car for the Biggest Discount
Car dealerships make most of their profit through financing, trade-ins, and add-ons, which means the sticker price has more wiggle room than you might think. Understanding when dealers are most motivated to move inventory can save you thousands on your next vehicle purchase. End of Month: When Sales Pressure Peaks Most dealerships operate on monthly read more
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Leasing vs Buying a Car When You Drive Less Than 10,000 Miles a Year
If you drive less than 10,000 miles per year, you’re part of a growing group of drivers who might be leaving money on the table with traditional car financing. Low-mileage drivers face a unique decision when it comes to getting behind the wheel of a new vehicle, and the math works differently than it does read more
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What Dealer Add-Ons Are a Waste of Money
Car dealerships make significant profits from add-on services that sound impressive but deliver minimal value. These extras can add thousands to your final price, yet most provide benefits you can achieve yourself for a fraction of the cost or offer protection that’s largely unnecessary. Why Dealers Push These Add-Ons Dealerships earn razor-thin margins on new read more
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Gap Insurance Explained and When It Actually Makes Sense
Gap insurance protects you from losing thousands of dollars if your car gets totaled or stolen. When you owe more on your auto loan than your car’s current value, gap insurance covers that difference. Most drivers don’t understand when this coverage becomes essential versus unnecessary expense. What Gap Insurance Actually Covers Gap insurance stands for read more
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