Used Car

Great Used-Car Bargains Hide among the New-Car Losers

Automobiles are crazy expensive, and nobody wants to buy a shoddy product that bleeds us dry, whether it’s new or used. We want long-term quality, but nearly every single one of us is blinded by our past experiences and by the billions spent on advertising campaigns that aim to keep us on a straight and narrow path of popular brands and ... Read More »

A Used Car Ad to End All Used Car Ads

It can be hard to make a used car ad stand out from the others. But that was not a problem for Eugene Romanovsky. Romanovsky created the epic video above to hock his used Suzuki Vitara ’96. The video starts off like a homemade car commercial, with Romanovsky filming the vehicle as it plunges offroad and conquers the forest, before it becomes something ... Read More »

used c ardreams:vw golf v bmw 1 series

Apparently, it’s the end for diesel. According to the headlines, anyway. Believe them or not, you may still be wondering what the alternative is like: if you’re a used hatchback buyer seeking a bargain that doesn’t risk being taxed to the hilt, could a petrol car be the smarter choice? That’s what we’re finding out here, by pairing two petrol-powered ... Read More »

Used-car retailer Carvana’s shares skid in debut

Founded in 2013, Carvana is one of a handful of companies trying to disrupt how cars are traditionally bought in dealerships. Shares of used-car retailer Carvana Co. fell 26 percent below the company’s initial pricing in their Wall Street debut on Friday. Carvana shares, priced at $15, closed the day at $11.10 after falling as low as $10.70 just before ... Read More »

Fitch: European Diesel Restrictions Could Hit Used Car Prices

(The following statement was released by the rating agency) LONDON, April 26 (Fitch) The prospect of greater restrictions on diesel-engine cars in Europe has not affected used car prices so far, but this could change if the restrictions caused a rapid and large shift of demand away from diesel cars, Fitch Ratings says. Implications for auto loan and lease ABS ... Read More »

Used-car demand going strong at dealer groups

As new-car demand appears to be leveling off, the largest U.S. dealership groups are seeing used-car sales remain a steady, and hefty, percentage of their total revenues. That’s one of several insights from the Automotive News Data Center, which compiled data from survey information to produce its annual list of the top 100 dealership groups in the U.S., as ranked ... Read More »

Check for Recalls Before You Buy a Used Car

On Friday, New York Attorney General Eric Schneiderman announced settlements with 104 car dealerships that sold vehicles with unresolved safety recalls without informing the buyers. The settlements allow dealers to market used cars with open safety recalls as long as they disclose the issue in their advertising and in the showroom before the sale. It’s the latest wrinkle in a ... Read More »

How dangerous air bags can find their way into used cars

LAS VEGAS: A Nevada crash that nearly killed a young woman has exposed a hole in the government’s efforts to get dangerous Takata air bag inflators off the road: There’s nothing that prevents the devices from being taken from wrecked cars and reused. Karina Dorado’s trachea was punctured by shrapnel from an inflator in an otherwise minor crash in Las ... Read More »

Tommy Wright: St Johnstone are shopping in the used car market

St Johnstone’s weekend opponents Aberdeen have got to second in the Premiership by splashing out on Mercedes cars, according to Perth boss Tommy Wright. And the McDiarmid Park side have got to fourth with shrewd second-hand deals. Wright, who praised chairman Steve Brown for helping him build a squad that would be the envy of many a manager in the ... Read More »

GM Joins Ford Worrying About Declining Used-Car Prices

General Motors Co. said a glut of used cars will return to market after their leases expire and drag on its finance unit this year, following similar warnings by peer Ford Motor Co. and lenders such as Ally Financial Inc. The prices of used cars in GM Financial’s leasing portfolio will decline about 7 percent this year, GM Chief Financial ... Read More »