Car depreciation and how to beat it

image credit: TRED.com 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 often drops 20% or more. After that,... Continue Reading →

Common car scams and how to avoid them

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 →

How to sell a car

In a country where the vast majority of us rely on cars as our primary transportation, most of us have to own one. And sooner or later, we find ourselves wondering—what’s the best way to sell a car? What should I be considering? If and when you’re trying to decide how to sell your car,... Continue Reading →

What is Car Seller’s Remorse?

Car seller’s remorse is extremely common. In 2015, about 40 million used cars were sold in the US, a 5.6% increase over the previous year. This number is only expected to increase. So, you can at least take solace in the fact that you’re not alone (there is even a Reddit forum where people talk... Continue Reading →

How to Avoid OfferUp Scammers

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 2006, it was reported that 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... Continue Reading →

All About Certified Pre-Owned Cars

We have all driven along those long stretches of dealership road and read a sign that says, “Buy a Certified Pre-Owned Car Today!” Contrary to popular belief, a certified pre-owned (CPO) car is not just a fancy way of saying, “used”. Vehicles must meet specific criteria in order to be deemed CPO. CPO programs vary by... Continue Reading →

Showcasing Your Car to Sell

Showcasing your car to sell is similar to staging a house to sell. Both require time, effort and a little bit of budgeting. If you do it right, it is certainly all worth it. Making the decision to sell your car gives you all of the feels. For some, it is the beginning of a... Continue Reading →

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