Is the Holiday Season Really a Good Time to Buy? You’ve seen the ads—a breathless wife or husband running out of the house in their P.J.s to find a beautiful new car (usually festooned with a huge red bow) sitting in the driveway. Have you ever wondered if it is a good time to buy […]
Young Adults Use Digital Skills to Find Best Car Deals According to the research firm J.D. Power and Associates, the average age of new car owners fell in 2015 from 49 to 48, spurred in part by a growing number of Gen Y buyers. The generation of young adults often thought of by analysts as […]
Auto manufacturers are raising their prices, and adding expensive features, so it should come as no surprise that Americans are paying more for new vehicles than ever before. Prices Up By $248 at Year End According to Kelley Blue Book data, the estimated average transaction price (ATP) for light vehicles in the United States was […]
Gas Prices Are Only One Factor Gasoline prices are rising again, but fuel is just one factor in the high cost of driving an auto. The average cost of driving a sedan 15,000 miles a year will cost you $8,698, or 58 cents per mile. You’ll spend 70.8 cents a mile, or $10,624 a year, […]