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Cell Phone Use While Driving Could Cost You

Depending on the state you’re driving in, you could pay up to a $10,000 fine and spend a year in prison if caught using your cell phone while driving. According to a study released last Tuesday by Online Auto Insurance, “Texting while driving has become an epidemic in America that has led 39 states and the District of Columbia to ban all drivers from engaging in the practice.” The strictest state, based on the Online Auto Insurance results ... continue reading»

Tags: Analysis, Driving Laws, Distracted Driving, Smartphones, driver safety

Big Auto Sales Mean Small Discounts in March

March auto sales numbers are trickling in with good news for most automakers, but bad news for consumers hoping to get a deal on a new car. Ford reports a 6 percent sales increase compared with March 2012. The Ford Fusion sold more than 30,000 units in March, which Ford says is a record for the model. The Ford Escape also broke its best monthly sales record, selling 28 percent more models than in March 2012. Ford also says ... continue reading»

Tags: News, Tips and Advice, Analysis, New car sales, Car sales

March Car Buyers Should Expect Good Deals

Vehicle manufacturers sold 1.19 million vehicles in the U.S. in February, which is an increase of 4 percent over the previous year, according to Automotive News (subscription required). Large auto sales numbers usually indicate less rebates and higher financing rates for car buyers in the following months. However, consumers looking for a new vehicle in March should expect “low finance rates, affordable lease payments, and most importantly, new and compelling product,” says Alec Gutierrez, senior market analyst of ... continue reading»

Tags: Analysis, lease deals, purchase deals, March car deals, Car sales

Deep Discounts Make it Cheaper to Pick Up a New Truck

If you've been meaning to buy a new car or truck from General Motors, your procrastination may pay off – big time. The Wall Street Journal reports, "General Motors Co. Friday began doubling cash incentives and sweetening lease terms on some vehicles to reduce a growing inventory of unsold cars and pickup trucks." The deals apply to the Chevrolet Malibu, Chevrolet Cruze, Chevrolet Traverse, Chevrolet Silverado and GMC Sierra. Automotive News says that the program "gives dealers the option to ... continue reading»

Tags: Analysis, car deals, GM, cash back deals, purchase deals

Used Cars: Better Choice than New?

Justin Sullivan/Getty Images When shopping for a car, choosing between new or used means considering a lot of different factors. New cars are under warranty, while with some used cars, you have to worry about the vehicle’s maintenance history and hope there are no problems. On the other hand, used cars tend to be more affordable than new cars, and you can often get more car for your money. Now there are a couple more reasons to give used cars another look ... continue reading»

Tags: Analysis, new car prices, Used Car Prices, used car deals

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