Buying a New Car
New Year, New Tech: Amazing Things Today’s Cars Can Do
Depending on how old your vehicle is, you may not be aware of the new technology that nearly all cars come with today. No, you don’t have to spend $100,000 on a new car to get these items either. While a few manufacturers (such as Tesla) may hit that range, you can still get super…
Read MoreA new car warranty does not mean you must go back to the dealer
All too often, we hear a customer say, “Ben, you’re great. But we bought a new car and are taking it to the dealer. We’ll back when the new car warranty is up!” It’s a common misconception that you have to take your new car back to the dealer while it’s under warranty. This is…
Read MoreBuying a used car? 3 money-saving reasons to schedule a used car inspection
Question: We’re looking for a reliable used vehicle for our daughter, who’s going to be driving this spring. We’re considering cars that are 3-4 years old with 40,000 to 50,000 miles on them. Given that the cars are newer, is there any value in a used vehicle inspection? Yes, absolutely. Why? Reason #1: A pre-purchase…
Read MoreWhat are the real costs of buying a new car?
The average new car price has jumped in recent years. Kelly Blue Book analysts reported earlier this year the estimated average transaction price for U.S. light vehicles as $34,428 in December 2015. That’s a $297 (0.9%) jump vs. the same period the previous year.
shutterstock_97616348
Even the most expensive repair bills for an old car can’t outweigh the cost of depreciation on a new one.
Read MoreFree maintenance: What you need to know about this new car freebie
Q: I recently bought a new car from a dealer in Wilmette, and it came with a free maintenance plan. But when I called to schedule my first “free” appointment, I was told that my oil change might not be covered because “it’s too soon.” The car uses synthetic oil and has 5,200 miles on…
Read MoreShould I repair my car or buy a new one?
Question: My car needs a number of repairs (new tires, brakes, timing belt) and I’m not sure it’s worth putting the money into it. It’s got about 110,000 miles on it, and there’s some good looking new cars out there! Should I go ahead and upgrade or just fix my current ride? Answer: According to a new…
Read MoreIn the market for a good used car? What you need to know about declining car quality
Think cars today are more reliable than ever before? Think again. According to the 2014 Vehicle Dependability Study by J.D. Power, the number of problems per 100 vehicles increased 6 percent last year. It’s the first time since the 1998 study that the average number of auto repair problems has increased. How bad is the…
Read MoreUsed car inspections can help you save money, aggravation
Question: I am in the market for a used car, but I want to make sure I’m not buying a vehicle that’s going to break down or cost me a bunch of money. What can I do? Answer: The best way to protect yourself and your wallet is to bring the vehicle you are interested…
Read MoreSave money with these car buying and ownership tips
There are a number of ways to save money, such as not eating out as often and planning “staycations” instead of pricey vacations. But we often overlook a big one: what’s sitting in our driveway or garage. Not only is there the monthly payment for that car, truck, van or motorcycle, there’s also depreciation, fuel,…
Read More