A rule of thumb for car buying is that a used vehicle will provide greater savings and better value than a new vehicle. But “better value” isn’t applicable to every car, especially right now....
If you need a car, the most frugal option is to buy one that’s 2 to 3 years old, pay cash and drive it until the wheels fall off.
The least frugal option traditionally has been leasing,...
One of the most stressful aspects of Black Friday is fending off crowds or waiting in long lines to get a killer deal. It's been that way for car buying, too.
RICHMOND, Va. (AP) — CarMax has introduced a new program that will allow some Virginia shoppers to buy a car without having to leave their home.
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.
A diligent first-time car buyer will spend hours checking out competing vehicles, test-driving, and choosing must-have car features. Then comes the decision to buy a new car or used one, or to...
Depreciation may be the bane of new-car buyers, but it's also the reason so many shoppers buy used. We scoured our annual Edmunds New Car Buying Guides from years past to see what cars we loved back in the day can now be had for $15,000 or less. For each vehicle, we've provided a range of years offering the best selection and value. In certain cases, getting an even older model is a viable option, too.
CHICAGO (AP) — Illinois Attorney General Lisa Madigan is reminding residents of consumer protections when it comes to buying used cars.
She's issued an online guide with tips, including details about a recent state law that requires more disclosures from used car dealers.
BATON ROUGE, La. (AP) — Attorney General Jeff Landry is telling Louisiana residents to be careful when shopping for cars after hurricanes Harvey and Irma.
Landry has released a public service announcement warning about flood-damaged vehicles, saying Harvey flooded an estimated 1 million vehicles and Irma damaged other cars and trucks in the Southeast.