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Memorial Day Weekend

Memorial Day weekend is approaching. With the vast amount of used cars that dealers would have for sale, that means some great savings for you. That means that you will have some tough decisions to make. Hopefully one of them won’t be about the car you want.

The great thing about having an event come up like Memorial Day weekend presents a lot of opportunities. Now you have to decide do you buy your car at the start of the weekend or at the end. What is the difference you ask? There are a couple of things and we need to take a look at them.

Buying at the start of the Memorial Day weekend is exciting. You will have many more options on the vehicles. The downside of buying at the start is that you will also pay the most amount of money for the vehicle. Dealers can afford to pass on a low-ball deal because they have the rest of the weekend to sell the car. They know that you may be back the next day after you have slept on it. They also have the factor of fear on their side. The fear comes from you with the fact that you may not get the car as it might be sold. They count on the fact that you love it and want to jump on it.

The other side of the coin is you to play the waiting game. This would mean that you try to cut a great deal at the start of the weekend. Of course they decline it because they want to make more money. Now all of a sudden you pop back up at the end of the weekend and now you get down to business. At this point the dealer will be wanting to make that last deal near the end of the sale. The sales managers are probably working on a bonus so they will stretch to make it happen. Only fly in the ointment is whether the car will still be there.

Memorial Day weekend, a lot to think about. Good luck

 

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Car Sales Today

Car sales today are robust. Now that we have gone through the year end, what we are finding is that the pricing of used cars has stabled a bit. What we are seeing right now is that there are a lot of off-lease vehicles coming onto the market in a big way. So as the economy has gotten stronger, so has the amount of cars on the road. And with new-car buyers grabbing  those cars in record numbers, many of them were leases and those are maturing now.

When it comes to car sales today and to a lease vehicle. basically the driver has three choices when they are done with the lease. They either need to turn the vehicle in, trade it in if it is early, or buy it outright. So with that said, this is inventory waiting to happen. And that is now what we are seeing.

Generally the off-lease cars are good ones to buy. People don’t tend to trash them as they will have to pay for damages if they do. Just check that the tires are right and the little things on the vehicles work. Sort of a no brainer.

If you look at car sales today there are some great opportunities. The best thing that you can do is make sure when you are out shopping to use all the tools available for you. Make sure you check the vehicle for all the safety features. And always make sure you drive the vehicle before you buy it.

So if you are out shopping for a vehicle, ask to see the Carfax and see where you go from there.

Good luck!

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Big Year Ahead

There is definitely a big year ahead for used cars.There has been a lot of swirl with the current election. But behind it all comes some great economic outlook. Experts are telling us that there will be about 17 million cars sold this year. Those numbers are huge.

So what does this big year ahead mean to you?

Well if you are in the market for a used car it means good news. With more new-car sales, comes plenty of trade ins. A lot of those are cars that are just three years old. Those cars can be a great option if that is what you are looking for. And some of these will become brand certified which is even better news.

The great thing about having a big year ahead is the amount of offers you are going to get. A lot of manufacturers are starting to offer even more perks on used cars. Toyota, for example, will now put a free year of maintenance on their certified used cars. That is huge compared to what it used to be.

The other great thing that is happening in the auto industry is the amount of leasing that is going on. Why is this great if you are looking for a used car? Because most of those leases are for three years and that means those cars may become available as well.

So if you are really serious about buying a pre-owned vehicle. This could be the year for you.

As always, keep checking back with us for tips on how to save money when buying a car. We do our best to bring you up to speed with some great insights into what you should watch for.

Also, you can check our Facebook page www.facebook.com/usedcarpower for live videos on different car.