Used Car

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 »

Hertz bears brunt of ‘freak out’ over used-car prices

As investor panic spreads about the plunging prices of used cars in the U.S., one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl Icahn. Hertz shares lost one-fifth of their value last week, as a troubling reading for a used-vehicle price index was followed by warnings that lender Ally Financial ... Read More »

Used Audi A3 vs Mercedes A-Class

The Contenders Audi A3 2.0 TDI 150 Sport List price when new £22,730 Price today £11,000 Available from 2012-present The Audi A3 kick-started the posh hatch trend; this latest version is brilliant to drive, classy inside and remarkably cheap to run. Mercedes-Benz A200 CDI Sport List price when new £23,270 Price today £13,000 Available from 2012-present The most recent A-Class ... Read More »

REVEALED: Used car buyers should go HERE for the best deals

Used car buyers should go to Merseyside for the best car deals Liverpool has the lowest prices at 2.3 per cent below the national average, according to analysis of more than 200,000 UK listings by car classified ad website CarGurus. The research shows that cities located in close proximity to other major conurbations, such as Manchester, Nottingham, Sheffield and Birmingham, ... Read More »

Is Wall Street Like a Used Car Lot?

A board above the trading floor of the New York Stock Exchange shows the Dow Jones industrial average closing number above 21,000 on Wednesday. (RICHARD DREW/AP) By Steven Pressman In 1792, before there was the Internet, the telephone or even the telegraph, securities trading began on Wall Street. A small group of dealers, who met under a buttonwood tree on ... Read More »

The dummy’s guide to finalizing the perfect used car in Mumbai.

Are you searching for a second hand car but are apprehended regarding getting ripped off? Don’t get tensed; as you are not alone. There are several other people like you who are probably sailing on the same boat. Ever since the demand of the used cars in Mumbai has ascended, the competition in this segment too has become cut throat. However, ... Read More »

Toyota’s Used Car Business Expands its Reach to 56 Markets in 19 States

Toyota Kirloskar Motor (TKM), the Indian subsidiary of the leading Japanese carmaker, has announced the expansion of its used car business – Toyota U-Trust – to 56 markets in 19 states of the country. “With this expansion, TKM aims to cater to a wider audience and offer the used car buyer and sellers an experience at part with new car ... Read More »

Why You Should Buy a Used Car

The purchase of a vehicle is perhaps one of the most important decisions one ever takes. However, considering the myriad of options and conveniences on offer, it is easy to feel confused. So we set out to help you make a more informed choice, starting with why you should buy a used car. 1. Better Price: This one is the ... Read More »

Can personal loan be a viable alternative to used car loan?

There are two main reasons why people buy used cars — either they are on a tight budget or they want to hone their driving skills in a used car before graduating to a new car. In the former case, a used-car buyer is also most likely to get his car financed by a loan. However, unlike new car loans, ... Read More »

Now, get info on used cars, drivers through SMS

NEW DELHI: While buying a used car or any other vehicle, you can now check its genuineness simply by sending an SMS to 7738299899 from your mobile phone. Similarly, the enforcement authorities can also verify the holders of driving licences, considered as proof of address in many cases, by sending the number to 8790499899. The road transport ministry has also ... Read More »