By Jeff Yip Updated 12:50 pm CST, Friday, February 9, 2018 The 25-acre dealership is on the eastern frontage road of I-45 North in Spring. The 25-acre dealership is on the eastern frontage road of I-45 North in Spring. Photo: Jeff Yip Photo: Jeff Yip Image 1 of / 7 Caption Close Image 1 of 7 The 25-acre dealership is on the eastern frontage road of I-45 North in Spring. The 25-acre dealership is on the eastern frontage road of I-45 North in Spring. Photo: Jeff Yip Dealership spotlight: Customizing helps power Fred Haas Toyota's performance streak 1 / 7 Back to Gallery Toyota trivia of the day: What dealership sells the most new Toyotas in Texas? The winning answer: Fred Haas Toyota … [Read more...] about Dealership spotlight: Customizing helps power Fred Haas Toyota’s performance streak
New car vs certified pre owned
Before you get talked into buying an extended warranty when you don’t even know what it is or if it will benefit you – just stop, and take a deep breath. Used car warranties can be tricky to figure out, but here’s what you really need to know. What is A Used Car Warranty? A used car warranty can be an extended warranty, which is a warranty that the car owner takes out after the original or manufacturer warranty has expired or in some cases like with a CPO, certified a pre-owned vehicle, it can still be the original warranty. (When in doubt, phone your car dealer and find out.) A car warranty, in case you didn’t know, is more or less a type of insurance that covers you as a car owner in the case where your car needs certain types of repairs done. A car warranty is usually valid for x years or x miles, there’s most likely a ‘whichever comes first’ clause in there somewhere. This is how it works; once you choose a car warranty you then pay a … [Read more...] about 6+ Things to Consider When Buying a Used Car Warranty 2019
As Jalopnik’s resident car buying expert and professional car shopper, I get emails. Lots of emails. I’ve decided to pick a few questions and try to help people out. This week we’re discussing the risks of buying a car in the first year of production, certified pre-owned cars being sold “as-is,” and why it’s so hard to search for cars with specific features. First up: Is the first model year of a car really risky? I need a mid-size pickup would like to end up in a Ranger, Tacoma, or Colorado/Canyon with V6 (except Ranger), 4WD, an extended cab (not crew), and 6' box. The used market for these trucks is really strong here, to the point that I’m considering biting the bullet and buying new. One hangup is that the 2019 Ranger with the extended cab isn’t available yet, so I will have to wait on that one. Should I be afraid of the first year back for the Ranger with problems cropping up? This is another one of those old bits of car buying … [Read more...] about Should I Really Avoid a Car in the First Model Year?
If you're new to car buying or it's been a few years since your last purchase, get ready for a shock when it comes to financing. Interest rates on loans for new vehicles hit an average of 6.2 percent in October 2018, the highest since January 2009, according to Edmunds research. Used-car shoppers face an even higher rate, with an average of 8.7 percent. The Federal Reserve is expected to raise interest rates again this month. Many shoppers will be tempted to take out a longer-term loan to ease the pain of a higher monthly payment brought on by these interest rates. But this is a double whammy for your budget: You will be paying more in finance charges over the life of the loan, and it will take longer to gain equity in the vehicle. It's easy to see why you might feel daunted about car buying in such a market. But you are not doomed to pay the maximum rates. Assuming your credit is generally in good shape, with a score of roughly 720 or higher, there are a few ways to get around today's … [Read more...] about Edmunds: How to shop for a car when interest rates are high
It’s a little like Moby Dick in the car world. You know there’s a great deal out there, but they’re hard to find and harder still to catch. I know because I’ve spent a fair amount of my time searching for such elusive creatures: Once I purchased an Oldsmobile Alero for $5 and a sandwich. Another time, I bought a Sentra for a $100 and a moped – literally. But the one I miss is the one that got away: a beautiful silver Mazda 3 hatchback, with a manual transmission. I thought I had it. I worked for hours to get the deal. But in the end, that “deal of all deals” got away from me. I forgot about the three magic data points that help most things come together: A good and decent vehicle Stacks and stacks of incentive cash or a low interest rate A dealership eager to negotiate because they have too many models on the lot Here’s why these three points are important: Buying a crap car is a crap move. That’s right. Even if you … [Read more...] about Deal Hunters: These SUVs might be your best chance at a great deal