The pandemic has disrupted the global supply chain over the past two years, which is having ongoing impact on all sorts of products, from appliances to computers to cars. One of the component shortages affecting all three is semiconductor chips. It's created a new car shortage that's also impacting the used car market. How serious... Continue Reading →
Scammers are the worst. As marketplaces continue to grow their online presence, scam artists are stepping up their games (from all over the world). In 2015, 44.9%—or almost half of all consumer complaints—were related to online fraud. OfferUp, a popular site for buying and selling items has made attempts to end the trend. But lately... Continue Reading →
Will this be the year that you get the car you really want or need? If you've been thinking about upgrading your ride, you've probably been wondering: what’s the best way to sell a car? What do I need to know? And to complicate things a little more, we are of course in a global... Continue Reading →
You’ve probably heard people refer to ‘book value’ when talking about a car’s price. The ‘book’ they’re talking about is usually the Kelley Blue Book.
Buying (or selling) a car is always a major transaction, because it involves a significant amount of money as well as legal documents for transfer of ownership and for registration. It’s hard to know how to pay, especially when you’re dealing with a private seller—because there are safety issues. When you’re buying a car, the... Continue Reading →
A lot of things have changed in the car industry since the start of the pandemic. Some things will likely go back to the way they were. But a lot of new ways of doing things—that were necessary adaptations for the pandemic—may prove to be better ways, and may turn out to be permanent changes.... Continue Reading →
A Toyota Tacoma listed for sale by owner on TRED We’ve all heard about how the second you drive off the dealer’s lot, your new car starts to depreciate. In fact, most cars lose 10% of their value on that first drive-off. That first year after buying a new car is a killer: the value... Continue Reading →
Used cars are hot right now, and prices are high. It's a great time to sell, and can also be a good time to buy... here's what to know.
Going to the DMV is always a hassle, and a long time out of your day, spent in a place most of us would rather not be. But now, there’s another reason not to go: the risk of being inside, in close proximity to hundreds of people, for an extended period of time. Better to... Continue Reading →
Buying or selling a car is a big transaction—so scammers and thieves have come up with elaborate ways to exploit the process. Here are some of the most common schemes and techniques to watch out for, and the best ways to protect yourself. Title washing You may have heard the phrase “clean title” when referring... Continue Reading →