All Articles Tagged "used cars"
“It’s just this one time.” That’s what we say when we spend money we don’t need to spend. The thing is, if you don’t set out a plan ahead of time of what you do and don’t want to buy, “It’s just this one time” turns into most times, because you have nothing to hold yourself accountable to. Think about these plans ahead of time for 2012.
(Daily Finance) — Used has become chic, especially when it comes to cars. Trouble is, with everybody clamoring for cheap transportation, demand has risen and pre-owned has gotten pricier, which means you’ll have to do a bit of digging to find deals. Web2Carz.com has made that hunt a little easier with its Best Used Cars Under $10,000 list. What models made the cut and why? Read on:
Fuel Efficient Cars, Winner: 2004 Toyota Prius: In this category, Toyota’s (TM) 2004 Prius takes the crown. You get the tech bells and whistles, plus a less painful experience at the gas pump. A used 2004 Prius averages 48 city/45 highway miles per gallon at a price under $10,000, reports Web2Carz.
(Smart Money) — Historically, the value of a car plunges the minute it leaves the lot and falls further with every additional mile. The current trend, then, has car owners and dealers scratching their heads: Many used cars have stopped losing value and in some cases, they’re actually worth more now than they were a year ago. Last month, used-car values spiked 16% compared to a year earlier, according to RVI Group’s Used Car Price Index, which compares existing used-car models to the same used models that were sold in previous years with similar mileage. And those higher prices are occurring across a wide range of cars. A 2008 Ford Focus S sedan with 35,000 miles, for example, would have sold for $7,525 in May 2010, according to Kelley Blue Book; this month, a seller could reasonably expect $9,600.