If you’ve ever come across a screaming deal on a car you always wanted only to find out that it’s flood damaged, you’ve likely done the mental gymnastics to determine if buying a flood-damaged car really is that bad. Well, as it turns out, it is really that bad. Floods are the most common weather-related … Read more
The one I’m dealing with currently. In mid-January 2024, I flew from Oklahoma to Illinois to purchase a 2018 Genesis G90 5.0 Ultimate AWD from a newly opened Genesis store. The process seemed promising enough, so I was happy to hand over a certified check for the car. The first complication came when it was … Read more
If you are a human being on planet Earth who hails from modest means, there’s a good chance you’ve either purchased or considered purchasing a used vehicle. Not all used vehicle purchases are created equally, though. In fact, some are downright miserable, and I want to know all of your horror stories. Lay ‘em on … Read more
Every year, the price of a new car ticks ever upwards. Loans get longer, yet monthly payments are always on the rise, leading to an epidemic of folks underwater on their loans. Now, there’s a new complicating factor: Used car prices are falling, meaning folks are getting less for their over-leveraged trade than ever. Welp, … Read more
Screenshot: What’s Inside? Family on YouTube There is a long history of YouTubers chasing clout by taking their expensive cars to CarMax and getting lowball offers from the dealership chain. In a recent video from the guy you might recognize as the dude who sold his Tesla Model S because the tires were bald, he … Read more
Photo: Carsfera / Wikimedia Commons Toyota has expanded its certified pre-owned program requirements to include vehicles that are up to 10 model years old and have up to 125,000 miles. The newly-introduced Silver Certification level will include significantly reduced warranties compared to the reassurances granted to cars eligible for the already-established certified pre-owned level, Motor … Read more
Photo: Scott Olson (Getty Images) If you’re in the market for a car but have hesitated on actually buying something brand new because you’ve heard how quickly a new car loses value, then you’ll be interested in a new CNBC report: New cars are actually depreciating at a much slower rate than in the past. … Read more
Photo: Mario Tama/Getty Images (Getty Images) Photo: Tom McFarland The internet has changed the way cars are bought and sold. It’s now a lot easier to figure out who has the best deal on a new car, but used cars are more complex. A lot of buyers get frustrated when they run into walls asking … Read more
