Buying a car is a huge investment much like buying a house. It requires much thought as you may plan on having this car for the next decade. Many people look for a good deal when purchasing a car. Buying the car you want for a good price is the ideal situation. This article is going to breakdown how to buy a car and get a deal as well as the best time to buy a car.
Buying a Car Considerations
Before purchasing a car, make sure that your credit is in order. Having bad credit can affect how much money you can save. When you have a credit score below 629, you will have to pay a higher interest rate. Fixing your credit is a great way to save on car payments. Selling your car is a great way to raise money for your new car and find out how much you can afford. Talk to different lenders before pulling the trigger. Different lenders have different interest rates for different credit scores. Test drive the cars you are interested in. Figure out if this is the vehicle you really want and if there is a way for you to save more money? Consider taking some money from your spending budget and putting it towards savings. If having a car is a luxury or your current car is fine, try to save as much as possible before getting a new car. By doing so, you may be able to go for a shorter loan period. This saves you money in the long-run because it translates to a lower interest rate.
Best Day of The Week to Buy a Car
Shopping for a car on the weekend is a bad idea. During the weekend your local car dealership can be quite crowded. This means the salespeople there are not really paying attention to you, so you are not able to negotiate a good deal. Monday is the best time to buy a car as it is very slow. There are maybe one or two people there, meaning you are more likely to get attention from the car salespeople. It also means you are able to make a good negotiation; you can save 8.10% on a Monday.
Best Day of the Month To Buy a Car
Typically, the 26th day of the month is the best time to buy. The salespeople at the dealership have quotas that they need to fill. Their sales deadlines are usually towards the end of the month but not on the last day as their schedule does not exactly sync up with the calendar month. The beginning of the month is not a good time to shop as that is when most people go car shopping. March, June, September, and December are the months you should consider as there are quarterly quotas for salespeople to fill as well. Specifically, choose the days toward the end of those months. Keep this in mind when shopping for a car at a dealership.
Best Day of the Year To Buy a Car
There are a few days that are the best time of year to buy a car. The months of October, November, and December are a good time to buy as it is the last quarter of the year and salespeople at the dealership have annual sales quotas to fill. Buying in December could mean saving 6.82%.
Major Holidays Best for Buying a Car
Major holidays like Memorial Day, Black Friday and New Year’s Eve are your best bet for getting a discounted car. Memorial Day is one of the best times of year to buy a car because the prices of cars are usually cut for the holiday promotion. Also, the following year’s model will already be out. You can save even more money if next year’s model is getting a major facelift or upgrade. Black Friday is also a good day to buy because of the huge sales on that day. However, the dealership can be quite crowded so a word of caution. Around New Year’s Eve may be the most important time because salespeople want to meet their quotas for the month, quarter, and year. Meeting their goals could mean a huge bonus for them. This incentive will motivate them to help you make the best deal.
Buying a Used Car vs Buying New Car
The Benefits of Buying Used Cars
Most people look at older cars because they are cheaper. Older cars today are in a much better condition than older cars 20 years ago. If the car is well-maintained, it can last for many years. Sometimes, the car can last well over 100,000 miles. This can be a good option if you plan on buying a car with cash. Older cars typically have lower car insurance rates because they are worth less money. Depreciation is a real thing. You may buy a brand-new car and in three years it can be depreciated by half. The same can be true for used cars, but you are spending less money so you have lost less of an investment.
The Benefits of Buying New Cars
However, if you are going to get an auto loan, newer cars have lower interest rates. Also, buying a new car means that it will last longer than an older car. If you buy a car that is constantly breaking down, it may be more trouble than it is worth. Additionally, you want to be in a car that is safe to drive. Newer cars also come with warranties that offer free repairs for cars less than three years old or have less than 36,000 miles.
Conclusion | Best Time to Buy a Car
Buying a car is a personal process that requires a lot of thought and foresight. We broke down how to buy a car. Basically, you should make sure you have a good credit score and figure out your budget. Talk to different lenders. Try to wait as long as possible so you have enough savings. An unrealistic budget can be uncomfortable. Saving money is a great way to lower your car payments, so that they are realistic and fit in your monthly budget. Consider buying your car on the last day of the year. Consider buying a new car. Taking these tips into account will guarantee you to save the most money. To sell your car and get the best and quickest offer, contact us today of fill out our free offer form.
With all the back to school advertisements on mass media and Social Media regarding “Back to School” sales promotions we thought we would write about what’s most important to high school students, their car. If Mom or Dad is buying the vehicle they probably want something safe and practical which may not be in sync with the principal driver of the car. High school cars vary in shape and sizes but most important they reflect the owner’s style or in this case the driver’s style. So how do you find a car that is both safe and looks cool on a budget? Fear not, we have a great list of vehicles that will meet all three requirements.
The following is our list of the top thirteen used vehicles with automatic transmission, 30,000 miles or less and were priced in the North Texas auto markets for under $10,000:
2017 Chevy Spark | 29/38 MPG
The Chevy Spark makes up for a weak acceleration, 0 – 60 mph in 11 seconds from a standstill, with its MPG and an impressive number of features for the base model. Some of these features that are not available in this economy class includes 4-wheel ABS, front and rear headrests, rear door child safety locks, child seat anchors, traction control, front and rear headrests, dusk-sensing headlights, auto delay headlamps, tire pressure monitoring, auxiliary audio input & USB with external media control, AM/FM/ Satellite radio, 4 speaker audio system.
2017 Chevy Sonic | 27/36 MPG
The Chevy Sonic is the second to the smallest car in the Chevrolet family but has technology comforts including a 7-inch touchscreen with the newest version of Chevy’s superb MyLink interface, smartphone integration via Apple CarPlay and Android Auto. MyLink’s menus are easy to master. If you can live with the feel of the cabin materials then this may be at the top of your list for
2017 Ford Fiesta SE | 27/35 MPG
The Ford Fiesta SE with a 1.6 Liter engine doesn’t pack much of a punch in the looks or acceleration departments but is probably the “least expensive but it doesn’t feel the least expensive” option for high school cars. Features include usual and also the following; a turbocharged 3 cylinder engine, EcoBoost fuel economy package, a Sync system with voice recognition to interact with your smartphone hands-free, offering access to turn-by-turn driving directions and emergency assistance. The Sync 3 system has sharper graphics and an intuitive arrangement of controls on its 6.5-inch touchscreen.
2017 Ford Focus | 27/35 MPG
Some of the base models of the 2017 Ford Focus had a weak 1.0 Liter engine instead of the 2.0 Liter that is standard with the Titanium package. Make sure the Focus you are considering is the 2.0 Liter, trust us on this because that extra liter will make a difference when you are trying to get onto the highway! We’re not sure what Ford engineers were thinking with just a 1.0 Liter engine and the missing legroom in the rear seat, seriously. The Focus SE has some of the same features as the Fiesta except for the 6.5-inch touchscreen. Most importantly, be sure to test the transmission. Some Focus owners have complained of rough shifting or slipping transmission issues.
2016 Dodge Dart | 25/36 MPG
The Dodge Dart is the smallest vehicle in the Dodge Chrysler Jeep family but not the best bang for your buck. This vehicle’s base model is limited in technology and audio features at the base model. Features include the usual; 4-wheel ABS, front and rear
2017 Hyundai Accent SE | 29/38 MPG
Hyundai Accent SE is like a smaller version of the Elantra. How much smaller? If rear legroom or acceleration on the highway while your A/C is on MAX is not important, then this is the car for you!
2017 Hyundai Elantra SE | 26/36 MPG
Hyundai Elantra SE is a larger version of the Accent with great standard options on this base model including; 6-speed shiftable automatic transmission, 4-wheel ABS, rear door child safety locks, daytime running lights, dual front side-mounted airbags, front and rear head airbags, Stability Control, front and rear headrests, adaptive headlights, Xenon high intensity discharge headlamps, 4 speaker audio system.
2017 Kia Rio LX | 27/36 MPG
The Kia Rio LX is like a smaller version of the Forte without all the features of the Forte. How much smaller and which import features are left out? If rear legroom or acceleration on the highway while your A/C is on MAX, a telescopic steering wheel, rear camera, are not important, then this is the car for you – sound familiar? Hyundai Accent is its not so distant cousin with similar features.
2018 Kia Forte LX | 25/34 MPG
The Kia Forte LX is both practical because it has a great safety rating in its class and has a sports car’s curves along the front end. Although has a weak 0 to 60 acceleration it does provide great standard features such as greater trunk space, greater headroom for full size 6 foot adults, a higher quality interior, Apple CarPlay/Android Auto connectivity, AM/FM Sattelite radio with a 6-speaker audio system that provides a bit more bass than the Hyundai Elantra, its close cousin.
Kia Soul | 25/30 MPG
You may remember the first Kia Soul TV commercial with the cool hamsters, well this vehicle’s base model can also make a cool high school car. This subcompact SUV has 6-speed auto transmission with front-wheel drive and 1.6 Liter engine you would expect the MPGs to be higher, right?
2017 Nissan Versa | 27/36 MPG
The Nissan Versa is the second to the smallest vehicle in the Nissan family. This subcompact car has an impressive MPG, plenty of legroom in the back seat for adults, as well as, a large truck while providing a comfortable ride. However, the interior feels and looks cheap, it’s slow to accelerate, has a noisy engine, and no telescopic steering column.
2017 Mitsubishi Mirage | 33/41 MPG
That is not a typo, the Mitsubishi Mirage has one of the best MPGs in its class and is a great value for the money. Although acceleration is sluggish at best, there is significant road noise, especially on the highway. Features include; Dual Front Side-Mounted Airbags, Front And Rear Head Airbags,
Stability Control, Emergency Braking Assist, Passenger Airbag Occupant Sensing Deactivation, Remote Anti-Theft Alarm System, 2 Front Headrests, Auto Delay Off Headlamps, Traction Control, Turn Signal Mirrors, Front Fog/Driving Lights, Dusk Sensing Headlamps, Xenon High Intensity Discharge Headlamp, USB With External Media Control, USB Connection, 140 Watt 4 Speaker AM/FM Audio System.
2017 Toyota Yaris iA | 30/39 MPG
Toyota Yaris iA Base is designed and produced by Mazda so you will have a unique Toyota if this is your vehicle of choice. In addition to the high-quality interior, some of the features include; advanced driver safety aids, 16-inch alloy wheels, full power accessories (locks, windows and mirrors), keyless ignition and entry, a rearview camera, a low-speed forward collision warning and automatic braking system, cruise control, air conditioning, a height-adjustable driver seat, a tilt-and-telescoping steering wheel, the Mazda Connect tech interface in all but name (7-inch display, knob-and-button controller, touchscreen operation when parked), two USB ports, Bluetooth, and a 6-speaker sound system with an auxiliary audio jack, media player interface and HD radio.
Shopping for High School Cars
As you’re shopping for cars for high school students, you may have an unwanted or old vehicle you may want to trade-in for something more dependable. You may be thinking of selling a used car that has been in your family for more than a decade and using the cash for a down payment on a car for your high school student. Be sure to complete the instant cash offer form or give us a call to find out how much your used car is worth. Cash For Cars can provide you a cash offer and deliver your payment and tow away your unwanted vehicle within 24 hours. Don’t delay call us now!
With the price of gasoline in Chicago around $2.75, in Los Angeles around $3.25 in Miami around $2.30 and Philadelphia around $2.70 per gallon – do you wonder what it would be like to never have to stop at a gas station to fill up your vehicle with gas? Then electric vehicle ownership is the answer. While the first electric vehicles were not very practical for the average consumer, recent advancements in electric car technology have made owning an electric car more practical. If you are NOT considering purchasing an electric car, or already have a list of the best electric cars, then we have some important facts about electric cars for you.
Electric Car Maintenance is Inexpensive
With less moving parts in an electric car, there’s less to maintain. Since there’s no combustion engine, electric cars don’t require regular oil changes, valves don’t get clogged, engine belts don’t need to be replaced, and spark plugs are not needed. The most crucial repair needed will be a battery replacement, which is typically needed after ten years. A concern for many is the hefty price of the battery, but prices are rapidly dropping due to advances in cell chemistry and mass manufacturing.
Charging Electric Cars is Fast and Easy
Gone are the days where electric cars took days to recharge only to give you a limited range. Now, most electric vehicles can charge to full capacity overnight, and Tesla’s supercharging stations can charge an electric car in one hour. Worried about forgetting to plug your car in at night? With new charging technology, you can install a Plugless wireless charger for your garage. So when you park your car every night, your car automatically charges. Thousands of electric charging stations are being added in the U.S. every year, so you can travel long distances with ease.
The Range of Electric Cars
Tesla’s Model S reaches a range of up to 337 miles, making the future of long-range electric cars bright. With the average petrol car having a range of 300-400 miles, electric cars are now becoming more practical than ever. In a few years, breathing batteries could even increase ranges up to 500 miles per charge. For context, this is 100 miles more than the typical electric car.
Electric Cars Are Faster Than Before
As a leader in the electric car industry, Tesla has been able to break the common misconception that they aren’t as powerful, sleek, or as fast as traditional cars. In fact, Tesla’s Model S is faster than LaFerrari and the Porsche 918 Spyder. But it’s not just the higher-end models that have the speed, standard electric vehicles typically have more torque than gas-powered cars, making it easier to get up to high speeds.
The Future of Electric Cars
In the past decade, electric cars have made leaps in technology and practicality. These new advances make us optimistic for the future of
If you want to make the switch to electric, Cash For Cars buys all types of vehicles, including electric cars running or not. We will pay top dollar for your car electric or not. We make competitive offers every day and we will tow your car free of charge. Just complete the online offer form or for faster service call us now to get your cash offer. Get rid of your unwanted gas-guzzling vehicle as quickly as 24 hours, and buy your electric dream car.