We've seen plenty of industries slowly transitioning into the world of the internet. Book sellers are quickly become obsolete as digital marketplaces continue to boom. We've seen the demise of the video store, and Amazon has already started to steal customers from large department stores. One industry that wouldn't work online is the car-buying industry, as seeing and driving a physical car goes a long way when someone is determining whether they should purchase a particular vehicle. The sentiment may be very accurate, but that hasn't prevented the industry from switching to the internet. Start-ups like Shift and Vroom have been picking up steam recently, but do they really make the process easier? Keep on reading to figure out why it may be better to get off of your computer and visit your local Lexington used car dealerships … more For someone who isn't familiar with cars, a move to the internet would seem to make sense. As Jerry Hirsch of the Los Angeles Times writes, these online car sellers provide "a virtual showroom," while handling much of their marketing and legal paperwork online. Potential buyers are assured the best prices, and they're even offered full refunds if they ultimately decide that they don't like their purchase. As Hirsch notes, consumers are embracing convenience, as an Accenture survey showed that 75% of respondents "would consider making car selection, financing, price negotiation, back office paper and home delivery completely online." Beepi has certainly looked to avoid the inconvenience that accompanies shopping for a car. Potential buyers can look through a variety of exterior and interior photos while also reading vehicle history and condition reports. As Hirsch explains, once a buyer target a particular car, they have the option to pay "with a personal or cashier's check, a bank wire transfer, a loan through Beepi or finance the car using up to five credit cards." If they wanted, potential buyers can even pay with Bitcoin. These buyers also don't have to worry about the risks that accompany online purchases. Beepi inspects each car that comes their way, conducting a "two-hour, 185-point vehicle inspection and photo session." Once a car has been given a thumbs up, it's assigned a price and listed on the website, with the seller being guaranteed that their car will be sold within 30 days (or the company would personally purchase the car). This would seem like an incentive for those looking to get rid of their vehicles, as it offers a speedier and more convenient process. Typically, these car sellers would be looking to trade in their car, or they'd try to sell it via Craigslist or Autotrader. Now, a company is offering to do all the work for you. How does this work out for these online businesses? They're able to sell the cars for lower prices because they don't have to account for many of the financial variables that go into a typical car price, like paying general managers, finance managers and sales staff. As Hirsch writes, the typical dealership will spend around $2,000 for each used car they're looking to sell, while these online dealerships can deduct that from their price. They've been relatively successful, too. Carvana, one of the start-up companies, finished with $5 million in revenue during their first year. This jumped to $40 million last year, and they're expected to increase to $120 million this year. Despite this early success, Brian Maas, the president of the California New Car Dealers Association, told Hirsch that the sales won't last. Maas says that there's currently a shortage in late-model used cars, and these online marketplaces offer a variety of options at reasonable prices. As the auto industry continues to grow (with between 16 million and 17 millions cars being solid annually), so will the selection of "attractive" used cars. While these websites and apps may have a current advantage, it won't take long for a typical dealership to catch up. "That's going to make it harder for these new entrants," Maas said. It's safe to assume that these virtual car dealers will stick around for the foreseeable future, even if their current popularity drops a bit. The advantages of shopping online are obvious (more convenience, less hassle, unlimited flexibility), but it's important that consumers also understand the negatives that accompany such a purchase. One of the most important aspects of car buying is actually getting behind the wheel of a car and giving it a short ride. You can determine whether you're comfortable in the car, whether you're able to see out of all the windows, and whether you're content with the power and speed. Sure, some of these startups offer some protection if you're not happy with your selection, but this inconvenience could be completely avoided had you driven the car in the first place. Financially, you may have more issues acquiring a vehicle online. While these companies offer a variety of payment options, they're not nearly as flexible as dealerships, especially when it comes to financing a vehicle. It's always suggested that you should opt for your preferred lender when you're looking to secure a loan, whether at a dealership or online. Often, this isn't an option when you're shopping on a virtual marketplace, and you may regret your financing decision. When it comes down to it, it's not worth sacrificing your financial flexibility for an extra bit of convenience. Well, buying online means you get a break on taxes, right? That's incorrect, as both buyers and sellers need to pay taxes after using a virtual marketplace. Failing to pay these taxes could result in a hefty fine from the government, so make sure you understand what you're getting into. These virtual car dealers won't be able to get their hands on new vehicle, as many state laws prohibit companies from retailing new cars. This will be a relief to dealerships across the country. Not only do they get to continue dominating the new-car market, but it also means that these start ups shouldn't be able to top the earning power of a typical, individual dealership. Sure, these websites and apps are very convenient. Isn't it nice to do all your shopping from the comfort of your living room, wearing your pajamas and watching television? There's certainly a demographic that prioritizes these qualities when they're looking to shop. However, it's important to understand that these new advantages means you'll face some negatives elsewhere. From a financial standpoint, it's safer to opt for your typical dealership. Whether it's the ability to use your own financiers or maybe buy a more advantageous warranty, there's no doubt that you have more security when buying from a dealership. Furthermore, if you happen to run into a jam with your vehicle, you know who you can refer to. When it comes down to it, it's safer to buy directly from a dealership. Sure, you may be flushing your day down the drain, and you may find yourself with some unneeded stress. When you consider the pros and the cons, however, there's a lot less risk when you avoid shopping online. So, if you are interest in purchasing a used vehicle, head down to Dan Cummins dealership in Paris, Kentucky. Sure, you'll have to put on shoes and pants, but you can be assured that the helpful staff will find the perfect used car for you.
Best Times To Buy Used Cars
As they say ‘strike while the iron is hot’ if you want the optimum results. If you can strike while the iron is hot when it comes to buying a used or certified pre-owned car, it could mean saving hundreds of dollars. So, how to find out when the proverbial iron is hot? Below are some tips and time savers that will help you figure out when is the best time to visit your used car dealership in Lexington, KY. more Always Be Looking Put that coffee down and start looking at used vehicles. Get familiar with the price range you have given yourself. What are the models and years that are most dominant in your price range? Did you have a different vehicle in mind? Familiarize yourself with prices and watch how one location, time and season differs can affect it. Before Auction As a general rule of thumb, dealers only like cars to stay on their lots on average for 60-90 days after which they are likely to go to auction. Before that, dealers will usually try to sell the car as a last ditch effort. Because they would rather make a profit off selling the car to you rather than bringing it to auction, they will be willing to lower the price. If you are aware of a car you want on a specific lot and can watch hold out till the price is lowered on that model, it’ll be a win for you. However, that is a gamble because someone could always come along and buy it first. End of Month As you’ve heard before, the end of the month is always the best time to go to a dealership for lowest prices. Generally, this is true. Quotas do have to be filled and sales are more likely to occur then. Be warned though, that going to a dealership on a busy weekend at the end of the month may not yield the best results. Should you have the choice to wait until a Monday, Tuesday or Wednesday at the end of the month, the dealership will be less busy and more willing to do what it takes to put you in the vehicle you want. Time of Year Following trends, you’ve noticed that end of the month are the best days to purchase a used vehicle. Likewise, the last months of the year are going to offer the lowest prices. While summer months are good for car sales, as they’re the weather is so optimum, starting in July, you’ll see the prices start to lower another 5% by the end of the year. If you find you can hold out till late fall for the model you want, it would be best. Just always make sure you have done your research and learned the value of your vehicle.
Buying a Used Chevy Equinox
Looking for a used Chevy? Come by your nearby Chevy used car dealership in Lexington, KY and scope out the Equinox, Chevy's answer to the small crossover craze. In a used Chevy Equinox, you'll benefit from the versatility expected of a full-size SUV, but enjoy the comfort of a car-like drive. more Used Chevy Equinox Models This five-passenger crossover is noted for its spacious style and daily dependability. As a commuter vehicle, the crossover has a lot to offer; however, you'll want to hold off if you're looking for a towing machine or something with more off-road readiness. When it comes to purchasing an Equinox from earlier model years, the more recent the better for engine options and overall enhancements. The current model year comes in four trims: the L, LS, LT, and LTZ. Engine options include a base level 2.4-liter four-cylinder engine, generating 182 horsepower and 172 lb.-ft. of torque. The available 3.6-liter V6 engine boosts the horsepower rating to 301 with 272 lb.-ft. of torque. So equipped, the Equinox is able to make the zero to sixty mph sprint in 7.0 seconds, beating most of its same-segment rivals. Naturally, the added power means that fuel efficiency takes a hit compared to the base engine level. The V6, paired with front-wheel-drive gets 17/24 or 20 mpg combined, and the all-wheel drive is rated at 16/23 or 19 mpg combined. If fuel economy is a concern to you, stick with the standard equipment. The EPA-estimated 26 mpg combined from the front-wheel drive, while the all-wheel drive option returns a combined 23 mpg. Drivers report a very quiet ride, even on the highway, with a roomy interior, adjustable rear seats, and a premium polish throughout. The 2010 Equinox Total Makeover Receiving a complete overhaul for the 2010 model year, the Chevy Equinox caught the attention of consumers and industry experts for its new style, improved fuel economy, and more affordable pricing. Standard equipment in the 2010 Equinox comes from a base level 2.4-liter four-cylinder, rated at 182 horsepower and 172 lb.-ft. of torque, paired with a six-speed automatic transmission and front wheel drive. Also available is a V6 engine, producing 264 horsepower and 222 lb.-ft. of torque. All-wheel drive is optional with either drivetrain. The 2010 Equinox demanded attention for its fuel efficiency ratings. From the four-wheel-drive four-cylinder, the EPA estimated the Equinox at 22/32 with 26 mpg combined. With its hushed ride and comfortable cabin, the 2010 model year is a great target when considering a used Equinox purchase. Generally, auto industry experts advise consumers to avoid shopping for anything earlier than the 2010 Equinox, due to its impressive overhaul which changed the nature of Equinox from that point on. Between the 2010 - 2015 model years, you have a wide range of excellent Equinox crossovers to consider, all of which can help you "Find New Roads."
Should You Get A Warranty On A Used Car?
Just as there is always a slight risk attached to buying a used car, there is equally a peace of mind that comes with knowing that car is under warranty. Warranties are the extra insurance that can sometimes mean the difference of a new part or new car. They are the welcomed breath of fresh air when driving a used car. Sometimes, a manufacturer’s warranty comes attached the car you’re purchasing. Sometimes it doesn’t. When looking for warranties at used car dealership Lexington KY, how will you know when or if to extend that warranty? Below are some tips to consider before spending extra money. more CPO or Manufacturer Warranties There are a couple different ways to getting a warranty on your used car. If you buying a CPO, or certified pre-owned, vehicle then chances are good it already comes with a warranty. It may even still be under the manufacturer's warranty. You will want to check out what the coverage of this warranty includes or if it can be extended or transferred to different owners. This is going to make a difference to both the buyer and/or seller. The CPO dealership will have the answers. If you are purchasing a used vehicle from a personal seller, or a lot that isn’t CPO, it is unlikely that the used vehicle comes with a warranty. You still may purchase a warranty for this vehicle, but it is going to a bit more difficult. Business Is Business Like health insurance, warranties exist to provide assistance but will always make their money first. It is a business, after all. They have the ability to say no to any request and will likely do so if the vehicle is not in the best condition, has a lot of mileage or is likely to need expensive repairs any time soon. Buying Certified Pre-Owned If you know you want the comfort a warranty provides, I would recommend either buying newly used or CPO. These are the best bets for a used car coming with a warranty. Because CPO’s are usually newly used vehicles, or they have very low mileage they probably also are still under the manufacturer’s warranty which means you are covered. If they are not directly under the manufacturer’s warranty, the dealership that sells the CPO’s often warranty the cars themselves. Being able to check with a team of certified technicians, these dealerships can make sure they are insuring a good vehicle and don’t see much risk involved. Extended Warranties Be careful when someone tries to sell you an extended warranty. First, you always want to be aware of exactly what your warranty covers. If you are still under the manufacturer’s warranty you do not want to purchase any other warranty as this will be enough coverage. Second, the extended warranty may not cover what you need it to. This is called an exclusionary warranty meaning it only covers specific items and it is less likely to cover the items you will most need covered. As with anything you’re purchasing, weigh the pros and cons. Read the fine print before signing anything. Be a smart shopper and know what you’re wanting and you will know what you’re getting.
Beyond Mileage: How to Know the History of a Used Car
Some used cars are total gems. Their owners stuck to the maintenance schedule without fail and kept every last receipt along the way. The mileage is low, the paint job is pristine, and the upholstery looks untouched. But some used cars are lemons. They might look OK, but over time, you find out that they are riddled with problems. You'll end up spending thousands on repairs, and the car will never run the way you need. There are several ways that you can protect yourself to make sure that you don't end up with a lemon. The first and most important is to shop reputable used car dealerships in Lexington, KY, such as Dan Cummins Chevrolet. Many people next look at the mileage of the vehicle to determine how much it has been driven on average in its life span, with lower mileage combined with longer years representing a healthier vehicle. While this is a good rule of thumb, mileage is not the only indicator of vehicle health. Here are several things you can do to learn more about the true condition of a used vehicle to know if it is a good buy: more Check the Vehicle History Report Every vehicle has a unique identifying number, which can be used to trace its history. By looking up a vehicle history report, you can learn if a vehicle has been in an accident (or multiple accidents), if it has a salvage title, if it is currently under lien, or if it has been involved in any illegal activities. Checking the vehicle history report is especially important before you buy a used vehicle. The car may run great, and it may look perfect, but it may be hiding major structural defects caused by a previous accident. Those defects can weaken it in future accidents and put you and your family at serious risk. Knowing the accident history of a car can help you better understand its condition. A vehicle history report will also tell you if the vehicle has a lemon title, which means that it has been identified as chronically problematic. These cars are illegal to sell, but an individual or unethical dealer may try to sell one anyway. It's just another reason to only shop well-known and respected used car dealerships in Lexington, KY. Ask for Maintenance Records If you shop for cars on the secondary market instead of from used car dealerships, you'll be taking a bit of a risk. In addition to checking the vehicle history report, you can protect yourself by asking the owner for maintenance records, such as a service log or copies of receipts. This information will show you exactly how well the vehicle has been cared for and what kinds of problems it has experienced, if any. Owners who have maintenance records to show typically take better care of their vehicles. If you are able to get these records, you can not only glean more information about the vehicle, but you can feel more confident in the quality of it. Have It Inspected A thorough inspection can tell you more about a car than just about any other metric. If you are considering buying a car from an individual, ask if you can take the car for an inspection before you commit. Most should say yes if they have a quality vehicle to sell. If you are considering buying a car from a dealership, you should have a certain time frame in order to inspect the car and return it if you like. Ask your mechanic to check out everything under the hood, as well as the frame and the body. A quality mechanic will be able to uncover lingering problems with the engine or mechanics and can identify weaknesses in the frame caused by previous accidents. Ask for an overall inspection, and ask for specific information that might be concerning to you. For example, if you had a similar make and model before that had problems with the alternator, you might ask the mechanic to check on the alternator specifically. Research the Make and Model Some vehicles have a reputation for having certain problems. With a little research, you might find out that the car you are considering buying had a lot of reports of a faulty starter or transmission troubles. Your research should also reveal any recalls that have been issued for the vehicle. Many vehicles will have experienced at least one recall or have a handful of reports about consumer issues. But if you find that there is a history of problems with a particular make and model, it might indicate a larger problem with the quality of that vehicle's design or materials. It might be enough that you should start looking at other vehicle options instead. Look for Signs of Replacements Shoddy repairs or after-market work can impair the functionality or safety of a car, as well as make it look bad. Some of these can be easily spotted. Look for panels that are discolored when compared to the rest of the car. Look for parts that seem to stand out as not in style with the rest of the car, such as a retro-looking bumper on a car with a more modern design. Look for parts that have been poorly assembled or attached, such as loose connections or bumpy soldering. If you aren't sure what to look for, this is another job you can task with your mechanic. A good mechanic will be able to spot the replacement issues quickly and let you know if they pose a safety problem or are just cosmetic. Check for Engine Modifications Some used cars may appear to run perfectly well, but they may have a history of being abused that shortens their life. For example, a car may have been used for street racing at one point, and that makes it engine weaker and puts it at risk for all kinds of mechanical problems. This is the kind of history you won't find on a vehicle report. However, you can find evidence of this kind of activity by uncovering engine modifications. You'll have to ask your mechanic to look for this specifically. Your mechanic will only tell you about problems if you just ask for an inspection. Modifications aren't necessarily a sign of a problem, so your mechanic may not tell you about them unless you ask specifically for this kind of information. Evaluating the quality of a used car is about much more than checking out the mileage and taking a test drive. To truly know whether you are getting a great buy or are about to sink your money into a lemon, you should follow these steps to closely evaluate the vehicle and learn all the information about it that you can. Dan Cummins Chevrolet is proud to enjoy a reputation as one of the best used car dealerships in Lexington, KY. We inspect every vehicle we sell before we put it on our lot, and we guarantee the highest quality in our wide selection. When you shop with us, you can feel confident that you are getting the best you can buy for your money.
Four Benefits of Buying Used Cars
You always know when it’s time to consider getting a new car. Maybe the estimate for fixing your current car won’t be worth the value of it, maybe it just died on your way to work one day. Whatever the reason, this decision is usually met with a heavy sigh and the dreaded anticipation that comes with car searching. While looking at used car dealerships in Lexington Kentucky, remember that there are many benefits to buying a used car. Read on and you’ll see. more Avoid Depreciation Depreciation is not a fun word, unless you know you are actively avoiding it which is what you’re doing when you purchase a used car. A brand new car is worth a certain dollar amount until it’s driven off the lot for the very first time. Over the next year or two it loses about 30% of its value. That loss of value is depreciation. Buying a newly pre-owned vehicle eliminates that cost for you. A price tag is much easier to take when you know you are only paying for the exact value, and not the extra fees. Lower Insurance Rates It’s true. A used car will come with a lower insurance rate. Because it comes used, it may already have a ding or scratch on it and has been around the block, so it simply doesn’t cost as much to insure it. Add to this list lower state registration and fees. Every state requires registration of your car. If you’ve ever registered a brand new car and a used car, you will know the difference is great. Brand new cars have come with a large registration fee while used ones do not. This is a huge annual perk. Warranties or Certified Programs Because cars are being made so much better than they ever have, they tend to last a lot longer meaning their dealership warranties usually do as well. If the used car you are interested in is under 100,000 miles, it may still be under warranty and is worth checking that out. Some original warranties don’t transfer owners which is why used car dealers often offer their own version of a warranty. These are called Certified Pre-Owned programs and usually apply to low mileage, recently new used cars. These warranties often extend beyond the original and will guarantee the vehicle has been thoroughly inspected before the purchase. A Better Car Awaits You Buying pre-owned means you have far more variety to choose from. Maybe you know that the 2011 year of a certain model was its best year. Maybe you want the luxury edition but wouldn’t be able to afford it as a new car. Because you’ll already be saving money buying a used car, you can splurge on the features you really want.
Best Used Chevy Models Under $10,000
The bowtie brand is known for its affordability as much as its durability, style and longevity. Some new models, like the Chevy Spark, don't cost much over $10,000, so you can feel confident knowing that you can find multiple Chevy models for less than that when you shop Lexington, KY used car dealerships. Don't confuse the lower price tag with lower quality. Chevy has a reputation for success thanks to quality workmanship and innovation. Some Chevy models have been known to roll past 1 million miles, so these vehicles are built to last. That means that even if you are shopping previously owned vehicles, you can still find a model that will be with you for many years to come. If you are on a budget, consider some of these great used Chevy models for under $10,000: more 2005 Chevy Silverado The Silverado is one of the most popular vehicles in Chevy's lineup -- and for good reason. It is a versatile yet powerful pickup that can be used by individuals and companies alike. The 2005 model was near the end of the first generation run of the Silverado, and it included a 4.3-liter Vortec 4300 V6 engine that put out 200 horse power and 260 pounds per feet of torque. Two V8 engines were available as options, taking the horse power up to a maximum 295. When you are shopping Lexington, KY used car dealerships, you may be able to find a Silverado outfitted with the higher-grade engine and still priced under budget. If not, the base model engine provides plenty of power for most purposes. If you keep your Silverado well-maintained, you could watch the odometer hit seven figures. All the while, you'll have a dependable truck that can haul just about anything you need it to in your personal life. 2009 Chevrolet Colorado This midsize pickup is the smaller option for those who don't need all that the Silverado has to offer but who still need a dependable truck. The 2009 Colorado was also produced near the end of its first generation run, and the truck received a facelift that year. In addition to some design updates, the 2009 Chevy Colorado also got a new engine: A 5.3-liter LH8 V8 that put out 300 horse power and 320 pounds per feet of torque. The Colorado came in regular, extended or crew cab, and a few options were available for bed length. When you are shopping used car lots, you'll likely find a number of models with a range of configurations. Some of those configurations might push the price over $10,000, but you should find plenty of options within budget. 2010 Chevy Malibu The Malibu is one of Chevrolet's longest-running models, and you can still find great deals on some of the most recently produced models. The 2010 Malibu is priced just over $8,000 (depending on the configuration and the dealership), and it is a great sedan that blends style with performance. The 2010 Chevy Malibu came with a 2.4-liter Ecotec Inline 4 engine that had an estimated fuel economy of 22 mpg in the city and 30 mpg on the highway. The modest engine is powerful enough to provide adept handling but small enough to provide good fuel efficiency. Whether you are looking for a reliable car with a good value for yourself or you want a first car for your teenager, the 2010 Malibu is a good buy. 2005 Chevrolet Astro The 2005 Chevrolet Astro was the last model produced in the mid-sized van's short, two-generation life span. While you are likely to see these vans now being driven as part of a corporate fleet, they were made for families, as well. The spacious interior offered more room than the typical mini-van providing more comfort for large broods. While the 2005 Chevrolet Astro won't look as stylish as some of the other minivans or SUVs on the market today, you won't be able to beat the price. You'll also love the all-wheel drive capability on this van, which can cut through ice and snow without worry. 2000 Chevy Suburban The Chevy Suburban is a goliath on the road. It is a luxury SUV that offers seating for up to nine and plenty of cargo space to boot. Yet it also has a high price tag that makes some buyers a little skittish. If you are on a budget but want to enjoy everything the Suburban has to offer, look for a 2000 used model for under $10,000. The 2000 model introduced the 10th generation of the large SUV, and it included features like electronic climate control, load-leveling suspension, and four-wheel disc brakes. The Suburban was powered by a 5.3-liter or 6.0-liter V8 engine, both capable of producing plenty of horse power and torque to power through the toughest of terrain. Don't let your finances limit you from getting the vehicle you need. Shop for this budget Suburban model and save. 2009 Chevrolet Cobalt Chevy may have a big reputation for big trucks and SUVs, but it also produces plenty of stellar smaller vehicles. The Chevy Cobalt was produced as both a coupe and a sedan to replace the Cavalier and the Prizm. The 2009 model was the penultimate model in the Cobalt's short one-generation run. The 2009 Cobalt included a 2.2-liter LAP engine that was more powerful and fuel-efficient than the previous year's model. The engine put out 155 horse power and 150 pounds per feet of torque. The Cobalt also included additional color choices and features that year, such as Bluetooth connectivity. Eventually, the Cobalt was replaced by the Cruze, which is also an affordable choice. If you can find a 2009 Cobalt, you can not only save money but also own a piece of Chevrolet history. You can find a lot of great deals at Lexington, KY used car dealerships. Dan Cummins Chevrolet prides itself on offering some of the best prices on the best vehicles in the area, including our flagship Chevrolet and Buick. Visit us to take a test drive of these Chevy models, or explore some of our other affordable, previously owned options. Our sales associates are ready to help you find the right vehicle to fit your needs and your budget, and we offer many financing options to make your purchase easy.
Used Car Spotlight: 5th Generation Camaro (2010-2015)
Still looking for a good reliable car but don’t quite have the cash on hand to get a new up and coming car? Maybe take a look at the 5th Generation of Chevy Camaro! While it may not be the most recent Camaro to date, it is still one of the best generations of this classic car. It has a lot of things going for it, and for the price, it might be just more attainable than you might think! Let’s take a quick look why the Camaro might be the perfect car you'll find at your local Lexington used cars dealer. more Taking a look at the design, you can still see it harken back to its more classic or retro days. It uses a similar frame like the Camaros of old, yet it has been improved and upgraded for today. This gives it a sleek but commanding look, making it head turner whenever one might be taking a drive. While it still holds on to its muscle car status, it is a sleek design, for a Camaro, that gives not only the cars in its own class a run for their money, but also other sports cars. What is under the hood is also very impressive as well. 5th Generation Camaros come equipped with a powerful V6 engine. It also comes with the option of a manual or automatic 6 speed transmission. It’s the kind if car that’s not only pretty to look at, but it’s also a very good engine as well. It gives the car some very good speed to give a much more enjoyable ride. Finally it comes down to the big question: How much is this going to cost me? Well it’s not going to be as much as you think it may be. The base cost of a Camaro is approximately around $23,000 dollars or so. Since these cars are mass produced, you are going to see some deprecation. In fact, it could even be possible that purchasing a Camaro with some bells and whistles would still be more cost effective than buying the newest base model. You could be getting a better deal for a 5th Generation Chevy Camaro than you would when it was initially released. There are a lot of good things about the Chevy Camaro. The 5th generation has a lot of admirable qualities when it comes to being a good car. It still has the design and looks to be a head turner, and its engine is still powerful to be a fast and fun car. Better yet, this car is incredibly cheaper than it used to be. If you want to be careful with your budget, but still want a powerhouse for a car, the Camaro is definitely the vehicle for you.
Top Three Used Cars Under $10,000
It happens every now and then. Emergency strikes and you need a new set of wheels on the fly. Because you were not planning on buying a new family sized sedan you don’t have the kind of budget you would prefer. A used car is your best option for finding a good quality vehicle on a tight budget. more A couple things to consider while looking for used cars in Lexington, Kentucky: Look for a car brand whose track record is reliable. There are plenty to choose from in the world of family sedans. Most of your top brand names will be on this list. Buy as new as your budget will allow. Because there are constant updates and upgrades in safety technology, new features are available with each passing year and you want as many of these features as can be afforded you. Always run the car’s history. You can go to CarFax's website or use other sites to get the complete history of your car. This will tell you if there were any major accidents or damage done to the vehicle. Below are three of the best used cars to buy based on brand reliability and quality of value. All three are priced just under $10,000. 2006-2008 Hyundai Sonata 2006 saw a rebirth of Hyundai models and reputation. They were growing as a brand that was going to make it in the world of full size sedans and the Sonata was on its way. As a 4 cylinder, it has high fuel economy yet less power than its V6 companion and that may price it just above the $10K mark. Quality engineering and best in class warranty coverage ensures that the Sonata should be up to date with checks and appointments. 2007-2008 Kia Optima Having outscored both Toyota Camry and Honda Accord in midsize sedan categories, this generation Optima was one of the very best. As a four cylinder provides a roomy, comfortable ride even for the rear passengers. With quality features inside and out and safety features not every other brand had for these years, look for the EX-trim Optima which came equipped with anti-lock brakes and ESC. 2005 Toyota Avalon As Toyota’s go, they are top in reliability and function. It is a bit older than the above mentioned models, but this Avalon comes with a V6 which provides an excellent powertrain for unbeatably smooth ride quality. The 2005 Avalon is also larger than Hyundai and Kia and provide more luxurious space for passengers and cargo alike. Although a 2005 year puts it as ten years old yet because of Toyota’s unbeatable reliability and ability to last what seems like forever, this Avalon is still sure to last a long time given it has been taken care of and will continue to be.
Four Tips to Help You Sell Your Used Car
Selling a car can be a relatively quick process, but people often underestimate how much work truly goes into it. Of course, not everyone devotes the time and effort to their soon-to-be-sold car. Those who do, however, often receive a larger sum of money. So the next time you're thinking about selling a used car in Lexington, Kentucky, keep the four tips below in mind… more Clean Everywhere A clean car will boost the vehicle's value, and it will likely sell significantly quicker than a dirty car. The outside should obviously be spotless (or as spotless as it can be), and there are a number of products that will cover up scratches and other imperfections. It may sound silly, but cleaning your exterior will go a long way when it comes to appearance, especially in photos. The saying says "don't judge a book by it's cover," but online shoppers often do just that when shopping for cars. Therefore, you need your car to stand out. Make sure you find a bright, scenic location… and don't use your phone. You could even go as far as to hiring a professional photographer. Cleaning the inside is the more tedious task, and you want to make sure you get to every corner of that vehicle. This includes the seats, ashtrays, carpets, glass and dashboard. It'd be a good idea to clean up any wrappers or loose change, and if you happen to smoke in your car, a steam cleaner could reduce the odor. You can even hire a service that specifically caters to cleaning used cars. The "Odor Doctors" have found ways to remove the smell of rotten food, pet urine, road kill… even a dead body. Do Your Research You'll likely be kicking yourself if you learned that you sold your car for significantly less than market value. The best way to avoid this is by comparing the suggested prices on various websites. See how much your car is selling for on Craigslist, and then refer to Kelly Blue Book, Edmunds.com, or any other websites that give a suggested price for a used car. After seeing all of the estimated values, set a price that you think is fair. When it comes to negotiating, I always say start on the higher side of your estimate. It's usually a given that your price will go down. Make Sure You Receive a Bill of Sale It's not illegal to deal your car without a bill of sale, but it could be a potential life saver if you run into any future issues. The bill of sale would clearly indicate who's selling the car, who's purchasing the car, any attached conditions, and the agreed upon price. Get It Inspected This is the most obvious, so we saved it for last. You don't want to be selling a death-trap, and you don't want a potential buyer to use you car's faults to their negotiating advantage. That's why getting a simple checkup is always a good idea before you put a vehicle on the market. If you ultimately need to put down money for some repairs, remember that the alternative is selling a faulty (and a vicariously dangerous) car. None of the tasks above are incredibly time consuming, and following the steps should result in you receiving a larger chunk of money. If you're looking for some inspiration (or if you want a used car of your own), check out Dan Cummins' lot of used cars.
Used Cars vs. Certified Used Cars: What's the Difference?
I'm sure you've seen the various terminologies when you're searching for what you consider a 'used car.' There's, of course, the generic 'used car' listing, but you'll also probably see advertisements for 'certified pre-owned cars.' Well there can't be much of a difference between the two, right? In some cases, you'd be correct, but most of the time, that thinking would be completely off. The main difference is in the quality of the car, which you'll read about more after the break. If you're seeking a non-new car, read the post below to get a better understanding of the differences between 'used' and a 'CPO.' Then, when it's time to shop for used cars in Lexington, Kentucky, you'll understand everything the salesman is talking about! more What's a Certified Pre-Owned Vehicle? Often considered a cheaper alternative to new cars, a certified pre-owner vehicle has been completely inspected prior to it's reselling, assuring that all damaged parts are fixed and everything is working properly. According to Joe Tralongo of AutoTrader.com, a car usually has to meet specific criteria before it can even be considered, including possessing a low mileage (no more than 60,000 to 80,000 miles) and low age (often five to seven years old). Each automaker relies on a different set of standards when determining whether a used car is qualified, and because of this thorough examination, Tralongo says you're assured that a CPO is "going to be the highest quality used car to begin with." The dealer has to ultimately sign off on the vehicle (relying on the manufacturer's "specifications and requirements"), and the car is then put through an extensive "multi-point inspection," assuring that everything is in top-top shape. The manufacturer will then often include an extended warranty, a bumper-to-bumper warranty or a variety of other incentives. As Tralongo notes, these "added incentives" could include roadside assistance, rental car reimbursement (in case of emergency) and free oil changes. Since your purchased vehicle will be certified, the warranty should be included in the price. If someone attempts to charge you extra, question whether the warranty has already been put on your bill. How Does This Differ From an Ordinary Used Car? If someone wants to sell their car, their car isn't required to go through this rigorous test. These are often the cars you'll find on Craigslist or similar online market places. This means it's the new buyers responsibility to get it inspected (and pay for any necessary repairs). The used car also won't come with an extended warranty, and your only bet at getting one is if the remainder of the factory warranty is included in your used purchase (and even then, it may be non-transferable). If the used car doesn't come with a warranty, it's a good idea to get one. It's really incredible how much money you can save by opting for this route. If you decide to opt for a used car, the least you can do is the car-equivalent of a background check. All you'll need is the car's Vehicle Identification Number (otherwise known as the VIN), and a number of helpful websites, including Autocheck.com, will give you all the info you need. So Used Cars Are Cheaper Than CPOs? Usually, and it's generally estimated that CPOs can cost an average of $1,100 more (of course, take into account the inspection, as well as the assurance that everything will work properly). However, this isn't necessarily always true. As Jerry Edgerton of CBSNews.com points out, there are a number of brands that list their CPOs for only $500 more than a non-certified used car, including Chevrolet, Jeep, Dodge and Chrysler. You'll see a significant jump in price when it comes to luxury brands, as CPOs could cost an additional $1,500. My CPO is Guaranteed to be in Tip-Top Shape, Right? That's would be an understandable assumption, but it's unfortunately not always true. Since it's ultimately the dealer's call on whether a used car can qualify as "certified," you may find yourself disappointed with the condition of your CPO. As Phong Ly of iSeeCars.com told Edgerton, these dealerships aren't held to any "standards in order to be in the certification program," meaning the standards across the industry could be inconsistent. The process mentioned above would result in a 'dealership-certified vehicle,' but it's a better idea to opt for the 'manufacturer-certified vehicle.' These cars are guaranteed to go through hours of testing and inspection. The alternative route, meanwhile, may result in your car barely being looked at. Furthermore, the car has previously been on the road, and it's likely traveled significantly more miles than your ordinary new car. This means an issue may have been brewing, but may have previously been too small to be detected by a mechanic. Additionally, while CPOs are often one to three years old, there's no reason why an older vehicle can't be certified. You can save yourself a headache by making sure the dealership's certification program is backed by the manufacturer. If it in fact is, they'll require the dealer to inspect at least 125 features of the car, and they'll also stick with their warranty. It's also a good idea to find out exactly what got fixed in the certification process, and there's nothing wrong with asking for the certification report. Any Other Tips I Should Keep in Mind? Just because you're in the market for a used car or a certified pre-owned, it doesn't mean that you shouldn't operate with some sense of logic. The process for picking a car shouldn't change just because the car isn't new. You'll still want to test drive the car, making sure it properly fits your needs and desires. You'll also want to know the price range of a specific car. Plenty of websites will suggest prices for a specific certified pre-owned car, and some will show the difference between those values and an ordinary used car. Don't be afraid to negotiate, and don't be afraid to walk away. Find a website that you trust and stick to their figures. If the dealership is offering a car for a significantly higher price, it's worth your time to look elsewhere. As you can see, the only downside for purchasing a certified pre-owned vehicle over a used car would be the price tag. When you consider all the benefits that accompany a CPO (the warrantee, the inspection, the ease you feel knowing you're not driving in a potential death trap), it's clear which vehicle has the upper hand. If you are to take away one lesson from the post above, remember to always be vigilant. Do your research before you go car buying, regardless of whether you intend on purchasing a new car or not. While we mentioned being wary of dealership-certified vehicles, understand that CPOs rarely have serious, underlying issues. At a trusted dealership like Dan Cummins, you can be assured that you're getting a functional, safe vehicle. If you're in the market for a non-new car (or even if you're in the market for a new car… as you've read, there are certainly advantages to purchasing a CPO over a new vehicle), head down to the dealership today! Their staff will happily assist you in picking out your "new" vehicle.
Used Electric Car Values: The Winners and Losers
Electric cars will certainly be the vehicle of the future, and their increasing popularity is making them relevant in the present. Unfortunately, the car isn't a realistic choice for many potential buyers. The cheapest 2015 electric cars, the Smart Fortwo Electric Drive and the Mitsubishi i-MiEV, are priced around $23,000 to $25,000, but the two are among the smallest vehicles on the market. The more adequately-sized Chevrolet Spark EV, the third-cheapest 2015 electric car, comes in around $27,645. Purchasing a new electric car provides an additional risk, as we don't have much precedence to suggest a reasonable re-sell value. Luckily, electric cars are beginning to hit used car lots, and the National Automobile Dealers Association (via their Used Car Guide Perspective) has taken a look at how these cars have retained their value. The next time you visit your local Lexington used car dealer, maybe you'll be convinced to take a look at the car of the future… more NADA ultimately listed all the electric cars from the past three years, ranking them based on their value retention. Among one-year-old cars, the Tesla Model S topped the list, with an 83.1% retention (from $93,890 MSRP to $$77,983 average trade-in value). A pair of Chevy's made the list: the Volt (with a 56.1% retention value) and the Spark EV (with a 47.2% retention value). The lowest on the list? That honor belongs to the i-MiEV, which retains less than 35% of it's value. When it comes to two-year-old electric vehicles, it's the Model S topping the list again (71.1% retention value). The Chevy Volt, the lone member of the brand on the list, resells for about 36% of it's original value. The Ford Focus Electric retains just under 35% of it's value, the lowest on the list. Finally, for three-year-old electric vehicles, it's (surprise, surprise) the Model S again leading the way (57.2%). The Chevy Volt is listed fourth, retaining over 31% of it's value. The i-MiEV trails the rest of the pack, finishing with a 20.6% retention value. As you can see, electric cars seem to have relatively solid resell value, and Chevrolet can usually be found in the middle of the pack. While your local Chevy dealership, including Dan Cummins Chevrolet in in Paris, Kentucky, may not have a large variety of electric cars, that will certainly change in the near future. Head down there to get your hands on a used electric car today!