If you’ve tried to buy a brand-new car recently, chances are you’ve encountered the negative effects of a current worldwide microchip shortage. Low inventory and high prices for cars and SUVs are just the tip of the iceberg for a recovering auto market that’s still dealing with the effects of the global pandemic. As USA …
Businesses that sell products operate off of “supply and demand,” in that the shorter the supply, the higher the demand. Since cars are products, car dealerships are run the same way, which is why in the 2020 many car dealership profits soared, despite the fact that car sales were down. Car dealers put “the squeeze” …
Buying a car at a dealership has changed a lot since the pandemic struck last year. There are many dealerships that are now offering contact-less delivery of vehicles and are even signing the paperwork for them completely online. But one other aspect of the car-buying has changed as well: Negotiating the price. Now that the …
Imagine this: You’re sitting in a car dealership across from the salesperson, the deal is done, and that brand-new car that you’ve been thinking about for the past few months is getting washed up and ready to be driven home. However, you pipe up in a moment of feigned clarity and tell the salesperson, “Oh …
Buying a new car from a dealership hasn’t always been the easiest walk in the park. First, you have to find the car that you want, then you have to deal with a salesperson to get through the whole process. However, the one fortunate thing that the global pandemic has brought us is a new …
If you’re planning to buy a new car soon, then it’s a good idea to be well-informed before doing so. After all, you have probably already done all of the research you can about the car that you’re interested including the make, model, trim level, and the color that you want the most, but have …
Buying a new car is supposed to be an exciting experience, after all, you’re getting a shiny new set of wheels that has everything that you’re looking in a car including being the right color and having the right features. But what if the dealer that you’re working with can’t find the right car that …
Although dealerships nationwide are switching to more of an online approach to selling cars, buying a new car nowadays can still be a daunting process. Aside from the usual hassle of having to go down to the dealer and test drive the car and awkward drink the sub-par coffee while the salesperson talks to the …
While you may have heard the term “cash is king” when it comes to buying cars, that’s not quite the case during the time of the pandemic. Considering the new car market is sparse as far as inventory and the used car market is being flooded, we don’t truly know what’s in store for the …
Your credit score and history is important when you’re shopping for a new or used car and are planning to lease or finance. And as we all know, the better your credit score, the more dealerships love you because you’ll have a better chance of getting a good rate and getting the deal done. But …
Not many people say that they enjoy taking a trip to the car dealership. Buying a new car, or new-to-you car can be exciting, but it can also be stressful. Add on the stress of a sales team, and all of the technical terms and additional costs and buying a car can be downright overwhelming. …
In the age of COVID-19, a consensus is now built that things will never be the same as they were. Maybe this is an exaggeration, but places like car dealerships have taken a massive hit as a result of quarantine. How have these businesses survived to keep themselves above water? It has not been an …
If you’re shopping for a new car, then you’re likely thinking about trading in your current car to the dealer. We don’t blame you as it’s fast, convenient, and much easier than posting the car up for sale and finding the right buyer for it. While we do always suggest to sell it yourself if …
When it comes to buying a new car, it’s natural for you to think that the dealership salesperson is out to take advantage of you and will do anything to get you to buy a car. After all, they’re trying to make as much profit as possible in order to afford that fancy suit they’re …
When shopping for a new car, it’s easy to get caught up in all of the numbers and car sales terms, especially when it comes to leasing. In reality, it’s easy to figure if you know what you’re looking at when the salesperson goes over the final sales numbers with you. And while different manufacturers …
If you’re shopping for a new car, then chances are that you’ve come across some really tempting, budget-friendly lease deals on a car dealer’s website. For example, Honda’s current national lease special for the 2020 Honda Passport is for $329 per month for 36 months with $3,099 “due at lease signing.” It sounds like a …