Not everyone gets car buying advice from the Autoblog Podcast (Ford can't build that many Fusions), so where do car shoppers turn for recommendations? Many potential buyers ask around among friends and acquaintances, especially those who recently purchased vehicles. AutoPacific asked 25,000 new car owners whether they would recommend their vehicle to other buyers. According to the firm's study, it takes more than just the blissful glow of new car ownership for someone to suggest that their car i
Car Buying Experience
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
Seriously, a survey by Consumer Reports shows 57% of car buyers are very satisfied with the treatment they got at the dealer. Another 31% said they were somewhat satisfied. That means 88% of those surveyed drove away from their car dealer with a smile on their face. If you find that surprising, get this: Of the car buyers surveyed, 96% said they considered the deal they got "fair."
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