With the average new car losing 47% of its value in the first three years of ownership, buying a used car can be the best way for consumers to get the most vehicle for their money, according to Consumer Reports' annual auto issue. Overall, Japanese cars are the most trouble-free, with...
Yerger David B (1996). Used Car Markets: Reliability Does Matter, but Do Consumer Reports?. Applied Economics Letters, vol. 3, issue 2, pp 67-70.Yerger David B (1996) "Used Car Markets: Reliability Does Matter, but Do Con- sumer Reports?" Applied Economics Letters, vol. 3, issue 2...
sales from private sellers are not normally of cars in very good condition, with a small fraction falling into the same condition parameters of dealership used car sales. For this reason alone, the NADA value for vehicles may not be the best gauge of a used car sale price by a private ...
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Americans in the market for a used vehicle can cut their risk of having trouble down the road by considering some brands over others, with Lexus and Toyota topping a newly published list by Consumer Reports. The nonprofit research and advocacy group's first-ever ranking of 26 brands has ...
Tesla is one of the least reliable used car makers in the United States, according to Consumer Reports’ first-ever brand ranking for used cars focused on the reliability of 5- to 10-year-old models. The maker of the Model 3 and Model Y is just three points away from the bottom of ...
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High interest rates and restrictive new car prices have put affordable sedans and SUVs in high demand. To get the most bang for your buck, buyers should be looking at used cars with great resale value. Take this trend and car list into account as you stock your dealership’s inventory ...
Cost-conscious consumers are increasingly opting for used vehicles — these are the best used cars and SUVs between $10 and $20K according to Consumer Reports, a nearly century-old nonprofit consumer research and advocacy firm.
Here are some things you can do if you've bought too much car. 1) Own your car until it becomes worth 10 percent of your income or less.This is the simplest solution if you've spent too much. Drive your car for as long as possible until the market value is worth less th...