Cash for Cars Selling Tips

Reports

Feds to Skyrocket Prices of New Cars?

Previously this blog discussed the true overall cost of owning a car, everything from initial purchase price to gas to maintenance, repairs and more.

One thing we forgot: ever-changing government regulations.

The Associated Press reported July 1 that a lobbying group of automakers are protesting a federal agency’s goal to increase fuel economy standards significantly by 2015.

Such stories often go unnoticed by the motoring public because people tend to think anything beyond 2009 is a long ways off. Read more

The Real Total Cost of Owning a Car

People tend to forget just how expensive it can be to own and operate an automotive vehicle. 

Gas prices aside, many other things can add up in a hurry.

Recently, Edmunds published an interesting report about which vehicles are the least expensive to own. 

The Results

A woman adding change to her piggy bankThey separated vehicles into several classes, from sedans to trucks, and applied a proprietary program to estimate a five-year cost of owning each new vehicle.

The Yaris
Unsurprisingly the Toyota Yaris topped two categories – sedans under $15,000, and coupes under $15,000. Read more

Honda Stays Small to Grow Big

Honda LogoIn May 2008, an amazing thing occurred in the automotive industry: the Honda Civic was declared the best-selling vehicle in America.

For eons, it seemed, Ford’s F-Series trucks claimed the throne.

No longer. Consumers have reacted strongly to rising gas prices and are going smaller. No surprise there.

Honda’s Small Car Strategy

Hundred Dollar bills stuffed in a car's gas tankWhat also is interesting is how seemingly stubborn stance to stick with its smaller, fuel-efficient cars – and void dabbling into the big truck or sport utility markets – is now paying dividends. Read more

The Minivan: Taking Over for the SUV?

While the sport utility vehicle has taken a beating with high gas prices and concern for environmental impact, it kinda makes you wonder how the minivan has been spared a similar fate.

In fact, it seems to be moving in the other direction: minivans are just as popular today as ever.

People Love Their Minivans

A pretty girl in sunglasses kissing at the cameraWhy? Well, families are still very much attracted to all the things a minivan can do. Carry multiple passengers, haul large loads, skip over to school or go shop, moms and dads alike have become attached to their minivans. Read more

Volvo and the Car Safety Revolution

Ford might now own Volvo, but one thing hasn’t changed for the Swedish brand: a reputation for automobile safety.

Interest in improving driver and passenger safety in cars increases every year. Things like side-impact safety curtains were unheard of only a decade ago.

Beautiful lifeguard in a bikini

Sweden – Cutting Edge Safety

In fact recently, according to Reuters, the head of traffic safety for the Swedish road administration said we now are in the “biggest revolution in the auto industry since the seatbelt.”

And Volvo is at the forefront. The same news article stated Volvo’s plan to create an “injury-proof” car by 2020. Some industry analysts view the announcement as the company’s attempt to maintain its high level of consumer perceptions regarding safety Read more

Dealers Luring Buyers in Weak Economy

The sluggish economy has impacted auto dealers enough to nudge (actually push) them toward very special deals.

During times of economic uncertainty, people often hold on to their money and big ticket purchases (like cars and homes) take a plunge in the market as a result.

The lack of buying customers has the American auto industry a little concerned and left with a stockpile of vehicles that no one is buying.

A carrot dangling on a string in front of a man's hand

Car Dealers are Pulling Out All the Stops

A used car dealer in Bakersfield, California is circulating mailers offering a used car from their lot for just $26 down. Read more

Women Driving the Car-Sale Market

With cars, conventional wisdom would suggest that women prefer safe vehicles, while men are drawn by power.

This generality is not always the case.

Safety and reliability are high on every car buyers list, man, woman, single or married.

More Than Just Consumers

A pretty woman with shopping bags and a hand full of cashWomen have been instrumental within the auto industry when it comes to safety. In fact, it was first lady Elizabeth Dole whose suggestion resulted in the first use of the rear-window brake light.

Not to mention that a woman invented windshield wipers.

Women also desire power in a vehicle, enough to trust over mountains, and to haul what is needed to get from place to place. They are also aware of style and color when selecting a vehicle. Read more

Dictating the Hues: Consumers, Technology Changing Car Colors

The Color of your car can say a lot about you.

The way technology is advancing, someday you’ll be able to change the color of your vehicle depending upon your mood.

Until then automakers are wowing consumers with a wide assortment of interesting colors.

Alubeam

For the 40th anniversary of its CL65 AMG, Mercedes-Benz announced the limited use of a new color that takes its traditional silver to a new realm.

The new Alubeam is said to gleam like liquid metal and appear to have been stretched over the car’s body. The effect would be emphasizing the 2008 coupe’s eye-attracting lines. Read more

Evidence of a Down Economy: Car Dealers in the News

Blame high gas prices, the economy, global warming – whatever, the truth is today in mid-2008 few people are spending money. 

Businesses are noticing and reacting.

Making Headlines

A cursory view of recent headlines involving auto dealerships offers a glimpse.

Man squatting to read newspaper headlinesGiving away gas cards with car sales has become so common, some dealers upped the ante.

Here are some of the offers out there

  • A Missouri car dealer has offered car buyers a free handgun or a $250 gas card
  • In the Orlando Sentinel, a Florida dealership offers a years worth of gas with purchase
  • A Suzuki ad offers $470 worth of gas for the summer with new car purchase
  • A Chrysler dealership was seen offering gas for $2.99 a gallon for three years with some of their models

The car sales industry is following a growing trend by getting creative to keep their share of the market in a falling economy. Read more

Selling Cars Today – the Green Trend

Watching the automotive industry try to “catch up” on its environmental public image is like monitoring the progress of land developers for the past 25 years.

With a product intrinsically unfriendly to the environment, carmakers are trying hard to convince consumers that their vehicles are indeed “green.”

Green Business is Here To Stay

girl holding green globeOver the past few years the automotive industry seems to have made a full commitment to the green movement, pushed – not merely nudged – by factors such as consumer demand, the widespread global warming debate and gas costs. Read more

...