For some, whether to purchase an automatic or manual transmission may be an afterthought when looking for a car or truck. But one thing is for certain. A vehicle’s transmission plays an absolutely critical role in the inner workings of every car. A transmission houses a vehicle’s gearbox—gears that control the engine’s power.
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Ask most people when the best time of year to buy a car is and most will likely respond in the last week of December. Whether used or new, the end-of-year incentives by dealers and manufacturers are indeed designed to bolster car sales. However, late December thru the first days of January is a very quiet time for the car trade. Though the deals are there, buying a car around Christmas and New Year’s is not on the mind of most people.
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If you are wondering how to buy a used car and what age and mileage are best, the short answer is in finding the sweet spot where age and mileage come together to give you the best return on the dollar. This means, with regular maintenance and years of reliable transportation. The longer answer is in overcoming some of the challenges you may encounter when buying a used car. Your best bet is being prepared, knowing what to look for and expect from used car dealers, obtaining a loan, and knowing when you have found the most car for your money.
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It’s been said on more than one occasion that the best time to buy a used car is before you really need one. In other words, if you are considering the purchase of a used car in the near future, then begin your planning now. Do your research and shop for a car that will meet your needs when you have the time. Don’t let the old car fall apart and then rush into a purchase. That’s how you end up with a bad deal, a bum car and a big waste of money.
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Finding the best inexpensive used cars can save you thousands of dollars—upfront and over time. Just buying a used car instead of a new one can save you big money. The second you drive a new car off the dealer’s lot, on average, depreciation alone drops the value of the car by 27%. Within three years the value is about half of the sticker price.
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A used car can save buyers thousands of dollars over the cost of driving a brand new one off the lot. However, when shopping for cars buyers need to be vigilant and prepared beforehand. Knowing a few used car buying tips and tricks can help you realize big savings. If that’s not incentive enough, consider that a used car will also save you money on auto insurance, registration, taxes and depreciation loss on the car’s value over time.
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When it comes to Honda vs Toyota reliability ratings, most would perceive the two makes as even. Generations of loyal car owners attest to the widespread support the two automakers have gained over the years, as they should. After all, one of the most important factors in purchasing a car, whether new or used, is its reliability, and few would argue that Honda and Toyota have earned reputations of building cars that last. Nevertheless, should they be considered rivals? Are they that reliable? Let’s take a closer look.
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Sooner or later, we all hit a bump in the road. If that bump affects your income, your credit and you lose your car, as bad as it is, there is hope. Finding auto loans after repossessions is possible. It may take some time, but with a few steps in the right direction, you can bounce back and get a car loan after a repo.
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While buying a new car might sound tempting, when it comes to getting more for your money, the benefits of buying a used car far outweigh that of purchasing a new one. Buying used is a very good way to get a nicer car at a far more affordable price. In purchasing a used car three years or older, consumers can realize big savings. Not convinced? Here are 8 reasons to consider the benefits of buying a used car over a new one:
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If you have ever wondered, “Can I get a car with no down payment?” the answer is, “Yes.” Though there are benefits of placing down payment, it is possible to get a car without one. In a perfect world, a 20% down payment on a new car offers a degree of lender confidence. Also, even if your credit score is low, in general, with a down payment, your monthly car payments will be lower.
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