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Hurricane Sandy Churns Up the New and Used Car Markets

Hurricane Sandy not only scored a direct hit on one of the most populated regions of the country, it also landed a blow to the part of the country that accounts for about 20 percent of all car and truck sales in the United States, according to Edmunds.com. "The storm likely will have an impact on October sales, especially since it comes at the end of the month, but those sales won’t disappear altogether,” says Edmunds.com Sr ... continue reading»

Tags: News, Tips and Advice, Used Cars, New car sales, flood damaged cars

Save Money with These September Car Deals

In some ways, September is all about transitions. Last week we officially moved from summer into fall, and a new school year is now under way. Car shoppers will also see some changes this month, as September car deals include outgoing 2012 models, as well as 2013 cars, trucks and SUVs that have made their way onto dealer lots. Acura, Chevrolet, Hyundai and Mazda are all offering lease deals that will put you in a new car for under $300 ... continue reading»

Tags: New Cars, Used Cars, Car Shopping, Financing, Deals, Model News, Leasing

5 Things Smart Used Car Shoppers Look For

It’s estimated that more than 14 million new cars will be sold in the U.S. this year. If you think that’s a lot, then you haven’t taken a look at the used car market. “It varies month to month, but generally used car sales are at a three to one ratio over new car sales,” says Jesse Toprak, vice president of market intelligence for TrueCar.com, who adds that used car sales in 2012 should total ... continue reading»

Tags: Features, Used Cars, used car buying, used car rankings, used car shopping

U.S. News Launches Used Car Rankings

Justin Sullivan/Getty Images We’re pleased to launch our Used Car Rankings, especially since so many users have asked for them. We hope that they give used car shoppers the same confidence that new car shoppers have when using our New Car Rankings. The used car market is much bigger than the market for new cars. Analysts at TrueCar.com estimate that new car sales this year should reach about 14 million vehicles. Used cars, on the other hand, should total 40 million ... continue reading»

Tags: Features, Used Cars, used car buying, used car rankings

Used Car Prices Declining

Tim Boyle/Getty Images If you’re shopping for a used car, there’s good news. Used car prices are beginning to drop after months of record high levels. Earlier this year, analysts said that used car shoppers should expect to pay more due to higher demand and lower inventory levels. In February, the National Automobile Dealers Association (NADA) Used Car Guide predicted that used car prices would peak in April and May. While this was good for consumers who wanted to trade in ... continue reading»

Tags: News, Used Cars, Used Car Prices

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