21 Articles
1 / 1
42Texas Has Most Used Cars For Sale With Active Recalls In U.S.

3.5 million cars for sale in need of repair

New research from Carfax found 3.5 million used cars are currently for sale in the U.S. with unfixed safety recalls. There are about 300,000 in the state of Texas alone, according to NBCDFW.

18CarMax earns a round of applause for Super Bowl ad

The slow clap, a cliche of sports movies, has been taken to its logical conclusion - use in a commercial for buying a used car. CarMax has unveiled its 2014 Super Bowl commercial, which focuses on a man buying his "perfect" used car.

78Nissan Buys Old Maxima After Seeing Owner's Funny Video

Filmmaker's advertisement for his car garnered a lot of attention

According to Luke Akers' video, his 1996 Nissan Maxima GLE can get you "from point A to B ... most of the time."

5Will EV lease prices go up thanks to ALG's new lower residual values?

Is the US plug-in vehicle market going to be derailed by a vicious cycle of lower sales and their impact on residual vehicle values? That's one question that may be worth asking after ALG Inc. reduced residual values – the valuation of vehicles that are returned after leases end – for plug-ins and hybrids.

4Nissan Leaf EV ready for certified pre-owned program

Consider this week a cosmic passing of the torch. As legendary Southern California auto dealer Cal Worthington (sans his dog Spot) left this world for that great dealership in the sky, Nissan was making preparations for its all-electric Leaf to make its debut in the realm where good 'ol Cal reigned supreme: the used car lot.

56Nissan Leaf holds value better than Chevy Volt, Toyota Prius

If you drive a Nissan Leaf and aren't completely satisfied with it, now'd be a pretty good time to sell.

34University study shows recalls have hardly hurt Toyota

If you think Toyota is still reeling from negative opinions stirred up by the company's rash of recalls in 2009, North Carolina State University has some news for you. According to a new study conducted by researchers at the institution, the recalls had "little to no impact" on how buyers see the Japanese automaker. Robert Hammond, an assistant professor of economics at NCSU, says the research specifically looked at the used car market to negate the impact of outside factors like incentives, mar

32CA dealers must affix new warning sticker to salvaged vehicles

California has passed new a new law that further regulates the car-buying process, and the changes appear to be mostly positive. Automotive News reports that, beginning next July, dealers will need to slap a red warning sticker on any vehicle with a salvage title. That means any vehicle that has been legally deemed flood-damaged, junked or salvaged will receive the ominous label.

67Polk: People continuing to keep vehicles longer

Consumers are keeping their automobiles for longer periods than ever before, according to a study performed by the survey gurus at R. L. Polk & Co. For anyone keeping track of such things, this news comes as little surprise – average length of ownership has been steadily increasing at an average rate of 3.7 percent annually.

AddDeal of the Day: 2008 Tesla Roadster for $79,900 - depreciation hurts!

Any competent financial advisor will tell you that, almost invariably, buying a brand new car is a bad investment. With very few exceptions, as soon as you drive a new car off the lot, its value drops significantly. Hopefully, the now publicly traded stock of Tesla Motors will fare better than the price of a used Tesla Roadster.

AddThis one's just fine, thanks; car owners putting 50,000 more miles on their cars

Lifecycle CO2 analysis. Higher miles per gallon ratings for new vehicles. End-of-life recycling. These things will matter to fewer and fewer people because, AutoMD has some interesting numbers out this week about how long people are keeping their vehicles these days. An online survey of car owners conducted in December and January found that about 77 percent plan on driving their current vehicles a total of 50,000 miles more than their previous vehicles. Considering the annual average for U.S. d

111It's On Like Donkey Kong: Jilted Hyundai Genesis Coupe buyer jilted again, lawyers up

This ended about how we predicted. You all no doubt remember McFly, the guy that won a legit eBay auction for a slightly used Hyundai Genesis Coupe 2.0T for $16,125. Problem was that the seller – Glenn Hyundai of Lexington, KY – felt the car was worth more ($19,700) and refused to sell it to McFly. They claim they set a reserve price (even though they didn't) and wouldn't budge. End of story, kind of.

15STUDY: Used car prices reached all-time high in September

New car sales have been in a downward spiral for over a year now, and the big beneficiaries appear to be used cars (and repair shops). A study by Manheim Consulting shows that the company's Used Vehicle Value Index has risen to a record high of 118.5 in the month of September, up 1.8% versus August. That's the ninth straight increase this year, as Manheim's index has steamrolled northward by 6.9% over the past 12 months.

11Some used cars going for more than new ones

The lagging sales of new vehicles has been well documented, forcing retailers and manufacturers to offer some pretty amazing deals just to move their metal. Sometimes, the price of a brand new car is so good that it doesn't make sense to purchase a used vehicle.

54As new vehicles sales fall, used car prices go up

The cynic in you might think that a rise in the price of used vehicles, just as new car sales are cratering worse than anyone can remember, is a not-so-transparent ploy to overcharge buyers. It turns out to be more a case of supply versus demand. Wholesale used car prices are bumping up as a result of sagging new car sales, according to auto auction company Manheim. Two-thirds of new car sales have a trade-in attached, which creates a supply stream of pre-owned vehicles to recycle onto dealer lo

71Used Prius prices higher than new model's

If vehicles could be sainted, stained-glass artists all over the U.S. would be busy figuring out the best colors for the Toyota Prius to shine in. Brand new examples of the motorized mollusk that everyone can't wait to buy spend just five days on dealer lots. Last year's model lasts just fifteen days more.

34Craigslist Find of the Day: "Boss" Audi A4 Avant

Click above for high-res gallery of Ben's Boss A4

73Dealership offers free gas or gun with new car: 80% choose gun

var digg_url = 'http://digg.com/autos/Free_Gas_or_a_Hand_Gun_with_New_Car_Sold_80_Choose_Gun'; In a move certain to generate both controversy and publicity, a new and used car dealer in Butler, Missouri, is offering his customers a choice between two sales incentives with their vehicle purchase: $250 in gasoline or a free semi-automatic handgun.

AddU.S. economy speeds up the used car market

How much per month are you willing to pay for your car? Rising gas prices and the worsening economy have many people reconsidering their automobile purchases. Think of it this way: if you had $400 budgeted per month for your car payment and gasoline, the more you spend to fill up, the less you have to pay for your car. These types of issues have been causing some car buyers who would normally purchase a new car to shop the used market instead. According to a recent survey by Wachovia, dealership

AddDespite Goverment efforts and high gas prices, Britons are buying more polluting cars

Although other sources state that Britons are buying smaller and more efficient cars during this year, used car hypermarket chain Carcraft announced that they sold more used dirtier cars in 2007 than ever, despite the higher vehicle duty (tax) and the higher cost of gasoline.

1 / 1