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According to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their values as the new-car market rebounds from pandemic-induced shortages. This is especially true ...
Car buyers have more tools than ever to get the right vehicle at the right price. According to a recent Edmunds report, nearly one in four consumers who financed a new vehicle purchase with a ...
If, for example, you are $5,000 upside down on your current vehicle and decide to trade in this car and buy a new one, you will have to pay the price of the new car plus the $5,000 you owe on the current car. Your monthly payments will be much higher because you’re rolling over what you owe on your old car to the loan on your new one.
Buying a reliable used car, truck or SUV on a $15,000 budget is easy if you know what to look for. RepairPal, a network of automotive repair shops, gives each one a high score for overall reliability.
Edmunds.com Inc. (stylized as edmunds) is an American online resource for automotive inventory and information, including expert car reviews based on testing at the company's private facility. The company is headquartered in Santa Monica, California , and maintains an office in downtown Detroit , Michigan . [ 1 ]
Many states allow the value of your trade-in vehicle to be deducted from the sales price of the car you’re buying. In other words, in those states, you’ll only pay sales tax on the difference in price between the vehicle you trade in and the vehicle you purchase. For example, imagine your new car costs $35,000 and the dealer gives you ...