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5 Car Buying Tips the Dealer Doesn't Want You to Know Print E-mail
(22 votes, average 4.41 out of 5)
Automotive - Buy
Written by livecheap staff   

Auto dealers are masters at figuring out how to squeeze more profit out of unsuspecting consumers. The whole dealership model is built around one basic principal - maximizing the profit on each customer by taking advantage of their ignorance. There are many things that the dealer knows that he would prefer that you didn't. If you want to buy a car, read read these 5 auto buying tips.

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No Haggle Cars: Cheaper? Print E-mail
(6 votes, average 4.17 out of 5)
Automotive - Buy
Written by livecheap staff   

No-haggle car dealerships have grown in popularity in the last 15 years. Many people are attracted by the notion of getting a guaranteed lower price. But, in general if you are buying a car from a used_car_salesmanno-haggle dealership, you're not going to get a screaming deal. You probably aren't going to get ripped off on the purchase price either but as we discussed in 10 Tips for Buying a New Car Cheaply, they can still make a killing off of you on the financing and extras. But places like CarMax have thrived, so there must be something of value. Right?

Read more: No Haggle Cars: Cheaper?
 
Getting Out of an Upside Down Car Loan Print E-mail
(4 votes, average 4.75 out of 5)
Automotive - Buy
Written by Gary Foreman   
Tuesday, 06 April 2010 03:11

"Several years ago, I found myself in need of a van, but my credit was in bad shape. The salesman was able to put me in one. I thought that it would give me a chance to reestablish minivanmy credit. Being overcharged for the van, I owe $16,000, but the van is only worth $8,000. I don't know what to do. I want to get rid of it. I'm upset that I let myself get taken like that. I want to go public about the dealerships hurting people with credit problems, but I'm ashamed that I was used. What can I do?" - Patty

Read more: Getting Out of an Upside Down Car Loan
 
Buy and Hold: The Cheaper, Greener Strategy Print E-mail
(8 votes, average 4.88 out of 5)
Automotive - Buy
Written by Omie Ismail   
Thursday, 22 October 2009 00:00

Car manufacturers have huge problems these days.  It isn't just GM or Chrysler either, its every major automaker.  The biggest problem they have is that the models they build are very durable and can can last for a very long time.

How the world ever decided that that people should buy a new car every 3 or 5 years is beyond me. Do you trade in refrigerators that often? lawnmowers?  men's suits?  I can understand the temptation of embracing new technology and exchanging your laptop every few years, but a car? As a technology enthusiast, I can even sympathize with the guy drooling over the 60 inch HDTV. But, with the possible exception of hybrids, car technology hasn't made any quantum leaps in the last 15 years.

Read more: Buy and Hold: The Cheaper, Greener Strategy
 
It's Your Car, but YOU Don't Have to Buy It Print E-mail
(5 votes, average 4.80 out of 5)
Automotive - Buy
Written by live cheap staff   
Friday, 18 September 2009 16:48

You've read our articles on how to negotiate the best deal on a new or used car.  You want the low price but think that you are going to get eaten alive once you are in the showroom.  You're just not confident of your abilities, and so you're planning on heading to a no haggle dealership and go with the one-price option.  There's an easier, often overlooked, strategy that can help ensure you get a better price: bring someone else that you think will be a better negotiator.

Read more: It's Your Car, but YOU Don't Have to Buy It
 
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