When shopping for a new or used car, most buyers budget a certain amount for their down payment. This amount also might be added to a vehicle being used as a trade-in to further decrease the purchase price of the new vehicle. Some car dealerships might advertise that buyers can …
Minivans were once the preferred vehicle for families. These larger vehicles offered ample passenger space plus room for sports gear and other cargo. While minivans have been eclipsed in sales by SUVs, some families still prefer the quintessential van for the comfort, space and ease of access that they offer. …
The average car loan is about six years or 70 months. However, not all car owners take the full loan term to pay off their vehicle. Some find that they have the financial means to pay off their loan early. An early payoff, though, might lead to penalties from the …
When demand is high for used cars, prices for those cars might rise, too. Car owners might see the rising prices of used cars and contemplate selling an older vehicle that they don’t need. Many car owners elect to sell their car when they’re ready to purchase a new model. …
Through the years, vehicles have evolved as the needs of families have changed. While station wagons were a family favorite in the ‘70s, minivans quickly took preference for family travel and held their popularity into the millennium. Although the SUV is now the family car of choice, the minivan still …
Vehicles powered by a fuel-injected engine are equipped with a catalytic converter, which helps reduce carbon monoxide and hydrocarbon emissions from the engine. The catalytic converter, though, wasn’t always a necessary component. In 1970 Congress passed the Clean Air Act and catalytic converters became an integral part of the car’s …
The used car market and the price of used cars fluctuate with supply and demand. During a time of high demand for used cars, prices will typically increase. When car owners see that their car is of higher value, they may be curious about selling it—especially if they are in …
The number of minivan models has decreased in the automotive market. While this body style was incredibly popular for families, SUVs have eclipsed the minivan as the vehicle of choice. Unfortunately, minivans haven’t enjoyed the coolest of reputations; unlike the SUV, minivans can’t venture off road and they’re not the …
Read MoreToyota Van Models: All About the Van, the Previa and the Sienna
Buying a car for the first time might be a rite of passage, but the process also might be anxiety-inducing. A car—like a home—is a big purchase. First-time car buyers might not know what to expect at the car dealership or even how they should begin their search for their …
Electric vehicles are beginning to take over the market, and, as the price of gasoline surges, more buyers might be gravitating towards a vehicle that doesn’t rely on fossil fuels. Since electric vehicles don’t rely on gasoline, they don’t release harmful emissions into the environment; for some buyers, an electric …
Read MoreThese are the Best Electric Vehicles by Price, Range and Features