Free Car Buying Guides
Tips and advice that you need to know before buying your next car, truck or SUV.

Which 2026 Cars and Trucks Are Getting More Expensive? See the Full List
by Justin Fischer | Last updated May 13, 2025 | | 0 Comments
If you're waiting to buy a 2026 model hoping for better prices, you might want to reconsider. A growing number of 2026 vehicles are debuting with higher MSRPs—some subtly, others sharply. Only a small fraction of 2026 models are out now, but the list is growing each...

Honda to Be Hit Harder Than Expected By Tariffs, Prices Likely to Rise
by Justin Fischer | Last updated May 13, 2025 | | 0 Comments
Honda’s latest earnings report paints a concerning picture for the automaker’s global operations, and new tariffs are playing a major role. The Japanese auto giant posted a 76% drop in operating profit for the fiscal fourth quarter, far below analyst expectations....
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10 Smart Ways to Prepare Your Car for Summer Driving
by Justin Fischer | Last updated May 12, 2025 | | 0 Comments
Summer is nearly here, and for many, that means more time on the road. But before you hit the highway, take a moment to get your car summer-ready. From rising temps to sudden downpours and road trip miles, summer driving puts a unique kind of stress on your vehicle....

Is It Better to Buy Or Lease a Car in 2025?
by Justin Fischer | Last updated May 12, 2025 | | 0 Comments
Choosing between buying and leasing a car remains one of the biggest decisions for car shoppers. In 2025, that question is even more relevant due to evolving market conditions, rising interest rates, and shifting manufacturer incentives. With insights from CarEdge...

Ford vs. Chevrolet: Who Has the Better Memorial Day Deals in 2025?
by Justin Fischer | Last updated May 9, 2025 | | 0 Comments
Memorial Day is one of the biggest car shopping weekends of the year, and Ford and Chevrolet are battling for buyer attention with very different strategies. Ford is leaning heavily on employee pricing and cash offers, while Chevrolet is rolling out ultra-low APR...

New Analysis: Tariffs Haven’t Pushed Car Prices Higher Yet
by Justin Fischer | Last updated May 9, 2025 | | 0 Comments
A month after sweeping automotive tariffs took effect, new car prices in the U.S. remain remarkably steady. CarEdge’s latest analysis of transaction data shows that despite headlines and automaker warnings, buyers haven’t felt the sting of higher prices—yet. But don’t...

Toyota vs Honda Memorial Day Sales: Who Has the Better Deals in 2025?
by Justin Fischer | Last updated May 8, 2025 | | 0 Comments
As Memorial Day car sales heat up, many shoppers are comparing two of the most trusted automakers in America: Toyota and Honda. Both brands offer strong incentives this May, but depending on the type of vehicle you're after, one stands out as the better deal. So who’s...

Not Impressed With Memorial Day Car Sales? Blame Dwindling Inventory
by Justin Fischer | Last updated May 8, 2025 | | 0 Comments
Car shoppers expecting blowout Memorial Day deals in 2025 may have noticed something different this year: the discounts just aren’t what they used to be. From lackluster financing specials to higher-than-usual lease payments, automakers appear to be holding back. The...

UK Auto Exports to America in 2025: Models, Tariff Updates, & More
by Justin Fischer | Last updated May 8, 2025 | | 0 Comments
In 2025, the landscape for British car exports to the United States has been significantly influenced by recent trade developments, particularly the imposition of tariffs and subsequent negotiations between the two nations. In 2024, UK automakers exported 106,000 cars...

Ford’s Weak Memorial Day Sales Reveal a Struggling Automaker
by Justin Fischer | Last updated May 9, 2025 | | 0 Comments
As Memorial Day car sales heat up across the country, most automakers are pulling out all the stops to move inventory. Not Ford. While competitors like Chevrolet, Jeep, and Ram are offering thousands off in cash allowances and low-APR financing, Ford’s incentives are...

The Best Memorial Day Lease Deals: SUVs, Trucks, and Cars from $129/Month
by Justin Fischer | Last updated May 6, 2025 | | 0 Comments
Memorial Day sales always bring the deals, and this May is no different. Automakers are offering aggressive lease specials across sedans, trucks, SUVs, and EVs. As new inventory has tightened in recent months, automakers are targeting slower-selling models — and...

5 Best Memorial Day SUV Deals in May 2025: 0% Financing and Bonus Cash Offers
by Justin Fischer | Last updated May 5, 2025 | | 0 Comments
Each year, Memorial Day sales bring out big incentives from automakers. In 2025, some brands are pulling back on promotions due to rising tariffs and economic uncertainty — but several standout SUV deals remain. From zero-percent financing to big-time cash offers,...
![5 Best Memorial Day Truck Deals: Silverado, Tacoma & More [May 2025]](https://caredge.com/wp-content/uploads/2025/05/Best-Memorial-Day-truck-deals-1080x675.jpg)
5 Best Memorial Day Truck Deals: Silverado, Tacoma & More [May 2025]
by Justin Fischer | Last updated May 5, 2025 | | 0 Comments
Looking to score a great deal on a new truck this Memorial Day? May is traditionally one of the best times of year to shop for pickups, and 2025 is no exception. Despite inventory pressure and shifting incentives due to ongoing auto tariffs, several automakers are...

Top 10 Car Deals in May 2025: 0% Financing, Lease Specials, and Cash Savings
by Justin Fischer | Last updated May 3, 2025 | | 0 Comments
Each year, May car deals are synonymous with Memorial Day sales. However, 2025 is full of challenges for automakers. With rising tariffs and economic uncertainty, some automakers are pulling back on promotions. Still, there are deals to be had if you know where to...

2025 Used Car Market Update: It’s a Seller’s Market Heading Into May
by Justin Fischer | Last updated Apr 30, 2025 | | 0 Comments
As we roll into May 2025, the used car market is heating up — and fast. Between rising prices, a shortage of low-mileage vehicles, and renewed demand driven by economic uncertainty, it’s officially a seller’s market. But that doesn’t mean buyers are out of luck....

Why 2025’s Memorial Day Car Sales Could Be Disappointing
by Justin Fischer | Last updated Apr 25, 2025 | | 0 Comments
Car buyers are eagerly anticipating Memorial Day sales, traditionally a prime time for deep discounts and attractive incentives. However, early indicators suggest that 2025’s deals may fall short of expectations. This year, several headwinds—including ongoing tariff...

These 5 Automakers Will Have the Best Deals in May 2025
by Justin Fischer | Last updated Apr 23, 2025 | | 0 Comments
Spring is usually a strong season for car sales, and automakers are feeling the pressure to move aging inventory as tariff uncertainty mounts. Even as some brands are making progress, others — like Ram, Nissan, and Infiniti — still have plenty of unsold vehicles. That...

New Survey: 83% of Car Buyers Will Cancel Purchase if Prices Rise 25%
by Justin Fischer | Last updated Apr 22, 2025 | | 0 Comments
Amid a volatile market and looming auto tariffs, a new consumer survey conducted by CarEdge reveals that most Americans are unwilling—or unable—to tolerate further increases in car prices and monthly payments. The Spring 2025 Car Buyer Survey, which gathered over 400...

5 Things Smart Car Buyers Do — And 5 Mistakes Uninformed Shoppers Make
by Justin Fischer | Last updated Apr 21, 2025 | | 0 Comments
Buying a car is one of the biggest financial decisions most people make. But not everyone walks into the dealership with the same game plan. At CarEdge, we’ve seen the best and worst of car buying strategies — and let’s just say some deals are smarter than others....

Spring 2025 CarEdge Consumer Survey
by Justin Fischer | Last updated Apr 18, 2025 | | 0 Comments
We're asking new and used car buyers a few simple questions to better understand price sensitivity in 2025's car market. Thank you for contributing to our research!

The 7 Most Anticipated 2026 Cars — These Are Worth the Wait
by Justin Fischer | Last updated Apr 23, 2025 | | 0 Comments
The 2026 model year welcomes both highly-anticipated debuts and meaningful updates to some of the most popular cars on the market. From redesigned best-sellers to all-new models, there’s a lot on the horizon for car shoppers who aren’t in a rush to buy right now....

Stellantis Employee Pricing Is Rarely a Better Deal: 5 Examples of Savings
by Justin Fischer | Last updated Apr 15, 2025 | | 0 Comments
In April 2025, Stellantis — the automaker behind Jeep, Ram, Dodge, and Chrysler — announced its “Freedom of Choice” employee pricing program. The name sounds empowering, especially during a time of uncertainty around tariffs and rising vehicle costs. But here’s the...

Ford’s ‘Employee Pricing’ Isn’t Always the Best Deal — Here’s Why
by Justin Fischer | Last updated Apr 14, 2025 | | 0 Comments
When Ford announced its “From America. For America.” employee pricing campaign in April 2025, it sounded like a patriotic win for car shoppers. After all, employee pricing has long been viewed as a golden ticket to deep discounts, especially as tariffs threaten to...
![10 Cars with the Lowest Cost of Ownership [2025 Data]](https://caredge.com/wp-content/uploads/2024/07/2024-07-11_The-Hidden-Costs-of-Owning-a-Car_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
10 Cars with the Lowest Cost of Ownership [2025 Data]
by Justin Fischer | Last updated Apr 10, 2025 | | 0 Comments
Looking for a car that won’t drain your wallet over time? With rising prices and high interest rates still making headlines in 2025, keeping an eye on total cost of ownership is more important than ever. From depreciation and insurance to fuel and maintenance, CarEdge...

Auto Tariffs Remain—But What Happens If They’re Paused?
by Justin Fischer | Last updated Apr 10, 2025 | | 0 Comments
On April 9, President Trump announced a 90-day pause on most reciprocal tariffs, marking a temporary shift in U.S. trade strategy. However, there was one glaring exception: automotive tariffs remain firmly in place. At a White House press conference, Treasury...

The 10 Best Cash Discounts For New Cars in April 2025 – Up to $10,500 Off MSRP
by Justin Fischer | Last updated Apr 8, 2025 | | 0 Comments
Looking for a great deal on a new car or truck this spring? Some of the biggest automaker discounts we’ve seen all year are here in April, with up to $10,500 off MSRP on full-size trucks, SUVs, and EVs. We’ve rounded up the 10 best cash discounts available right now,...

Car Recalls 101: What Every Driver and Buyer Should Know
by Justin Fischer | Last updated Apr 8, 2025 | | 0 Comments
Imagine this: you’re driving to work, and a letter from your car’s manufacturer is waiting at home. It’s not a routine service reminder—it’s a recall notice. Now what? Car recalls happen more often than you might think. Millions of vehicles are recalled every year in...

10 SUVs with the Best Resale Value in 2025: New Rankings & Comparisons
by Justin Fischer | Last updated Apr 7, 2025 | | 0 Comments
Wondering which SUVs will hold their value best in today’s unpredictable car market? The latest CarEdge Research update reveals the 2025 SUVs with the best resale value, based on total cost of ownership, projected depreciation, and real-world market data. Whether...

Stellantis Offers Employee Pricing in April: Here’s How Much You’ll Save
by Justin Fischer | Last updated Apr 7, 2025 | | 0 Comments
In a move to match Ford’s aggressive April incentives, Stellantis has launched a major new discount program — employee pricing for all. From now through April 30, 2025, buyers can score what amounts to invoice pricing on most new 2024 and 2025 Chrysler, Dodge, Jeep,...

Ford Announces Employee Pricing For All: See How Much You Can Save
by Justin Fischer | Last updated Apr 3, 2025 | | 0 Comments
Ford just dropped a major deal that’s sure to grab attention — and save you thousands if you're car shopping this spring. As new auto tariffs take effect, Ford is flipping the script with its bold new “From America, For America” campaign. What does that mean for you?...

Every Car Made in America in 2025: See Final Assembly Locations
by Justin Fischer | Last updated Apr 1, 2025 | | 0 Comments
With the arrival of automotive tariffs in 2025, the cost of importing vehicles—and the parts they’re made from—is on the rise. For car buyers looking to dodge the steepest price hikes, shopping for a vehicle assembled in the United States could help soften the blow....

Say Goodbye to New Cars Under $30K? Tariffs Could Be the Final Blow
by Justin Fischer | Last updated Mar 28, 2025 | | 0 Comments
It’s already tough to find a new car under $30,000 — and if new tariffs on imported vehicles go into effect, it's about to get even harder. The Trump administration’s new 25% tariffs on imported cars and parts could add thousands to the price of some of America’s most...

New Auto Tariffs Arrive Early: See If Your Next Car Is Impacted
by Justin Fischer | Last updated Mar 27, 2025 | | 0 Comments
President Trump has signed sweeping new auto tariffs for vehicles built outside of the U.S., marking a significant escalation in the administration’s ongoing trade battle. The move could directly impact car prices across the board, including the vehicle you might be...

These 5 Automakers Will Have the Best Deals in April 2025
by Justin Fischer | Last updated Mar 26, 2025 | | 0 Comments
Spring car buying season is here, and that means so are some of the best car deals we’ve seen in months. 2025 models are filling dealer lots, yet many automakers are struggling to offload last year’s inventory. That means more negotiating power for you, if you know...

Get the Best Deal: How to Compare Instant Cash Offers When Selling a Car
by Justin Fischer | Last updated Mar 20, 2025 | | 0 Comments
Selling your car online has never been easier, thanks to instant cash offers (ICOs) from companies like CarMax, Carvana, and EchoPark. But not all offers are equal—some look great at first glance but come with hidden fees, inconvenient conditions, or last-minute price...

EVs Aren’t Going Anywhere – And New Sales Totals Prove It
by Justin Fischer | Last updated Mar 20, 2025 | | 0 Comments
The electrification of transportation is a global phenomenon, one that the United States is a part of, but not leading. Around the world, electric vehicle adoption is surging, from Asia and Europe to emerging markets in Latin America and even Africa. Recent sales...

Why April Is the Worst Time to Buy a Used Car (But a Great Time to Sell)
by Justin Fischer | Last updated Mar 20, 2025 | | 0 Comments
If you're looking to buy a used car, you may want to rethink your purchasing timeline. April is likely to be the worst month of the year to do so. Used car prices remain high, and are likely headed even higher as seasonal influences drive up demand. Heres what buyers...

2025 Rankings: Safety Does NOT Guarantee Reliability in Today’s Car Market
by Justin Fischer | Last updated Mar 18, 2025 | | 0 Comments
When shopping for a new car, many buyers look for a balance between safety and reliability—but these two factors don’t always go hand in hand. The latest 2025 car safety ratings from the Insurance Institute for Highway Safety (IIHS) reveal a surprising disconnect...

Spring 2025’s Most Negotiable Cars: Which Brands Have the Most Inventory Right Now?
by Justin Fischer | Last updated Mar 14, 2025 | | 0 Comments
Spring is shaping up to be an interesting season for new car buyers. Tax refunds are giving consumers extra cash to put toward a purchase, yet overall consumer confidence has dipped as tariffs make headlines. Meanwhile, inventory levels continue to climb, and new car...

Aluminum Tariffs Threaten to Push Ford F-150 Prices Even Higher in 2025 – Up 55% Since 2019
by Justin Fischer | Last updated Mar 13, 2025 | | 0 Comments
The Ford F-150, America’s best-selling truck, could be facing significant price hikes in 2025 due to increased tariffs on aluminum and steel. The Trump administration has implemented a 25% tariff on all aluminum and steel imports, creating cost pressures for...

These New Cars Are Impossible to Negotiate in 2025
by Justin Fischer | Last updated Mar 28, 2025 | | 1 Comment
Looking to score a great deal on a new car in 2025? Some models will be tougher to negotiate than others. High demand, limited production, and niche appeal make these vehicles nearly impossible to get below MSRP. Our CarEdge Concierges, who negotiate deals every day...

The 10 Best Cash Discounts For New Cars in March 2025 – Up to $10,000 Off MSRP
by Justin Fischer | Last updated Mar 11, 2025 | | 0 Comments
Some of the best SUVs, electric vehicles, and full-size trucks are available with steep discounts in March. Automakers are ramping up discounts to combat sluggish sales, with cash incentives reaching as high as $10,000 off MSRP. We’ve rounded up the 10 best cash...

Used Car Loan Rates Reach 40-Year Highs
by Justin Fischer | Last updated Mar 10, 2025 | | 0 Comments
Spring car buying season is here, and many shoppers are heading to dealerships with their tax refunds in hand, ready to make a down payment on a used car. According to a recent survey by Talker Research, Americans expect to receive an average refund of $1,700 this...

Tariffs Arrive – Every Vehicle Made in Canada, Mexico, and China For U.S. Buyers
by Justin Fischer | Last updated Mar 27, 2025 | | 0 Comments
If you’re in the market for a new car or truck, possible price hikes should be on your radar. On March 26, 2025, the White House announced that new tariffs on imported vehicles would begin on April 3. The latest developments follow a one-month delay that resulted from...

These States Have the Highest (and Lowest) Rates of Car Accidents in 2025
by Justin Fischer | Last updated Mar 3, 2025 | | 0 Comments
Auto insurance rates are climbing in 2025, and while that’s no surprise to most drivers, what might shock some is which states have the highest accident rates. Car accidents are a major factor driving insurance premiums higher, but they aren’t the only culprit. Rising...

Reviewed: 5 Best Instant Cash Offer Sites to Sell Your Car [2025]
by Justin Fischer | Last updated Apr 11, 2025 | | 0 Comments
If you're looking to sell your car quickly and hassle-free, getting an instant cash offer for a car can be one of the easiest ways to do it. Instead of haggling with private buyers or trading in for a low-ball offer, these online platforms provide an upfront price...

5 Car Salesperson Lies You Need to Know (Before You Buy!)
by Justin Fischer | Last updated Feb 26, 2025 | | 0 Comments
Walking into a dealership can feel like stepping onto a high-pressure battlefield of negotiations. Salespeople are trained to close the deal quickly, and some will say almost anything to get you to sign on the dotted line. While many sales professionals are honest,...

These 5 Automakers Will Have the Best Deals in March 2025
by Justin Fischer | Last updated Feb 24, 2025 | | 0 Comments
Spring car buying season is almost here, and for shoppers looking to score a deal, March could bring some great opportunities to save. As inventory levels continue to climb for certain automakers, discounts, low APR financing, and lease specials are becoming more...

5 Automakers On the Brink of Extinction – And the Numbers to Back It Up
by Justin Fischer | Last updated Feb 22, 2025 | | 0 Comments
Selling cars isn’t a walk in the park in 2025. High interest rates, rising production costs, and fierce competition all make turning a profit a challenge. And then there’s the looming threat of tariffs. These 5 car brands are facing mounting challenges in the U.S....

Buying a Car with Bad Credit? What to Know About Loans, Down Payments, and More
by Justin Fischer | Last updated Feb 21, 2025 | | 0 Comments
Having bad credit doesn’t mean you can’t buy a car—it just means you need to be smart about it. In 2025, car prices remain high, and auto loan interest rates are even higher for buyers with low credit scores. But don’t worry—there are ways to navigate the car-buying...

Spring 2025 Used Car Market: Buy Now, or Wait Until Summer?
by Justin Fischer | Last updated Mar 25, 2025 | | 0 Comments
Spring is just around the corner, and if you're in the market for a used car, you might want to think strategically about when to buy. The worst time to purchase a used car is fast approaching, as prices historically rise in April and early May when demand surges. On...

The Best Used Cars Under $10,000 in 2025
by Justin Fischer | Last updated Feb 18, 2025 | | 0 Comments
Looking for a reliable, affordable used car in 2025? You’re not alone. With new car prices still near record highs, the used car market remains the best place to find a budget-friendly vehicle. The challenge? Finding a reliable used car that won’t break the bank on...

The 10 Cheapest Cars to Insure in 2025
by Justin Fischer | Last updated Feb 17, 2025 | | 0 Comments
Car insurance costs continue to rise in 2025, with the national average annual premium now reaching $2,895. However, not all vehicles are equally expensive to insure. Some models stand out for their lower insurance rates, making them excellent choices for drivers...

Too Many Cars, Not Enough Buyers – Presidents’ Day 2025 Deals Are Heating Up
by Justin Fischer | Last updated Feb 16, 2025 | | 0 Comments
Following a strong December fueled by luxury sales and holiday promotions, the new year kicked off with a sharp decline in vehicle transactions. According to new data from Cox Automotive, new car sales dropped 25% month-over-month in January, leading to a notable...

Auto Insurance Rates Are Up 12% Since Last Year – Here’s How Tariffs Will Impact Premiums
by Justin Fischer | Last updated Feb 13, 2025 | | 0 Comments
Auto insurance rates are climbing once again in 2025, and the latest data suggests that relief is nowhere in sight. According to the February 2025 Consumer Price Index, the motor vehicle insurance index rose 2.0% in January, pushing the 12-month increase to nearly...

Presidents’ Day 2025 Truck Deals – Best Discounts and Zero Percent Financing
by Justin Fischer | Last updated Feb 11, 2025 | | 0 Comments
Presidents’ Day weekend is shaping up to be a great time to buy a truck in 2025. With an oversupply of 2024 models lingering on dealer lots and automakers pushing aggressive financing incentives, truck buyers can take advantage of some of the biggest discounts we’ve...

The Cheapest States to Buy a Car in 2025 – Taxes, Fees, and More
by Justin Fischer | Last updated Feb 11, 2025 | | 0 Comments
Buying a car in 2025? Your location can have a big impact on how much you’ll pay. From state sales taxes to registration fees, the cost of a new or used car can vary by thousands of dollars depending on where you buy. So, where can you find the best deals this year?...

The Best Presidents’ Day 2025 Lease Deals: Offers from $199/Month
by Justin Fischer | Last updated Feb 7, 2025 | | 0 Comments
Looking for the best lease deals this February? You’re in luck. Presidents’ Day 2025 is shaping up to be one of the best times to lease a new car, with low monthly payments, zero-down offers, and attractive incentives from top automakers. With new car prices still...

Presidents’ Day 2025 Car Deals – Zero Percent Financing & Big Savings
by Justin Fischer | Last updated Feb 6, 2025 | | 0 Comments
As Presidents’ Day 2025 approaches, you may be wondering if now is the right time to purchase a new vehicle. While year-end sales typically offer the biggest discounts, this year is shaping up differently. A lingering oversupply of 2024 models has pushed automakers to...

The Ultimate Car Buying Checklist: Everything You Need to Buy a Car in 2025
by Justin Fischer | Last updated Feb 6, 2025 | | 0 Comments
Buying a car is a big decision, and preparation is key. Whether you're purchasing a brand-new ride or hunting for the best used car deal, having the right documents, financing, and negotiation strategy in place will save you time, money, and stress. So, what do you...

These 10 Automakers Will Be Hit Hardest By Tariffs, With Price Hikes Likely
by Justin Fischer | Last updated Mar 1, 2025 | | 2 Comments
The cost of buying a new car could soon get even higher. With tariffs on Canadian and Mexican auto imports set to take effect on March 4, new car prices in the U.S. are set to rise to new records. Here’s a look at how automotive industry analysts expect President...

The Best New Car Deals in February 2025 – Huge Discounts on Leftover Models
by Justin Fischer | Last updated Jan 31, 2025 | | 0 Comments
Believe it or not, February is one of the slowest months of the year for car sales. The rush of year-end deals has faded, and the spring car-buying season hasn’t kicked off yet. However, for shoppers in search of big savings, this lull can work in your favor....

5 Things to Know Ahead of President’s Day Car Sales
by Justin Fischer | Last updated Jan 29, 2025 | | 0 Comments
If you’re planning to shop for a car this February, you’re in luck – President’s Day car sales are almost here. Automakers and dealerships are rolling out some of their most competitive offers, hoping to move excess inventory before the spring car-buying season heats...

Ford EV Sales Surge: Real-Time Numbers Show Sales Climbing Higher
by Justin Fischer | Last updated Jan 28, 2025 | | 0 Comments
Real-time car market data reveals that Ford’s EV sales are gaining momentum as 2025 kicks off. The Mustang Mach-E is reaching unprecedented sales heights, with sales rates up 50% in recent months. Meanwhile, the F-150 Lightning continues to carve out its place in the...

The 2025 Car Market in 5 Unbelievable Figures
by Justin Fischer | Last updated Jan 28, 2025 | | 0 Comments
From soaring monthly payments to record-high car prices, navigating 2025’s automotive landscape requires more insight than ever. For many, owning a car is starting to feel more like owning a second mortgage. These five shocking numbers reveal just how much the car...

Buying A Car With Your Tax Refund? 5 Tips For Success In 2025
by Justin Fischer | Last updated Jan 24, 2025 | | 0 Comments
If you’re planning to buy a car with your tax refund this year, you’re not alone. Tax season is one of the most popular times for car buying, as a lump sum refund can serve as the perfect down payment for your next vehicle. But in 2025, buying a car comes with unique...

What’s a Better Value in 2025, A New or Used Car? Experts Weigh In
by Justin Fischer | Last updated Jan 27, 2025 | | 0 Comments
It’s a new year, yet the car market is presenting drivers with the same classic dilemma: should you buy new or used in 2025? This year, several factors are reshaping the debate, including depreciation trends, interest rates, and price shifts in both new and used car...

How to Avoid Negative Equity Car Loans
by Justin Fischer | Last updated Jan 22, 2025 | | 0 Comments
Negative equity, also known as being “upside-down” on a car loan, happens when you owe more on your car loan than the vehicle is worth. It’s a common issue for car buyers, but with the right strategies, you can avoid falling into this financial pitfall. Here’s how to...

How to Get Rid of a Car With Negative Equity Quickly
by Justin Fischer | Last updated Jan 22, 2025 | | 0 Comments
Being upside-down on a car loan, also known as having negative equity, is a stressful situation. It means you owe more on your car loan than your car’s current market value. This can happen due to factors like rapid depreciation, unfavorable loan terms, or rolling...

New Car Prices Climb Higher, Approach All-Time Highs
by Justin Fischer | Last updated Jan 15, 2025 | | 0 Comments
As year-end sales season comes to a close, the state of today’s new car market is coming into focus. According to new numbers from Kelley Blue Book, the average transaction price (ATP) for a new vehicle rose in December 2024, once again approaching all-time highs. The...

Which Automakers Had The Most Recalls in 2024? It’s Not Even Close
by Justin Fischer | Last updated Jan 15, 2025 | | 2 Comments
When it comes to automotive recalls, 2024 had its fair share of surprising twists. Headlines may have crowned Tesla as the automaker with the most recalls last year, but a closer look reveals a different story. While Tesla indeed had the highest total number of...

The Fastest and Slowest Selling SUVs in 2025
by Justin Fischer | Last updated Jan 15, 2025 | | 0 Comments
Navigating the SUV market in 2025 can be a challenging endeavor, with fluctuating inventory levels and price trends that can make finding the right deal feel overwhelming. With so many options and so much money on the line, having the right information at your...

EV Buying Guide For 2025: Shop Smart and Save Big
by Justin Fischer | Last updated Jan 13, 2025 | | 0 Comments
Electric vehicles are not just the frontier of automotive tech, they’re some of the best deals in today’s car market. As automakers offer dozens more EVs for 2025 and 2026, choosing the right electric car, truck, or SUV can feel overwhelming. This guide will help you...

These 7 Year-End Car Deals Were Extended For January: 0% APR Financing and More
by Justin Fischer | Last updated Jan 8, 2025 | | 0 Comments
Following the fireworks of December’s year-end car deals, January’s manufacturer incentives are finally here. If you weren’t ready to buy last month, 2025 has a pleasant surprise: some of the best year-end deals have been officially extended into the new year! Here...

Why February 2025 Is a Great Time to Buy a Used Car
by Justin Fischer | Last updated Jan 30, 2025 | | 0 Comments
Did you know that the shortest month of the year is actually a great time to negotiate a used car deal? This month, used car shoppers can seize upon a rare opportunity. While December was indeed the best time to drive home a deal on a new car, February can be just as...

Every New Car Under $25,000, And the Last New Car Under $20,000
by Justin Fischer | Last updated Feb 10, 2025 | | 0 Comments
For 2025, affordable new cars and SUVs are becoming a rare breed, with only a handful of options under $25,000. And if you’re looking for a new car under $20,000? There’s just one left. Whether you’re hunting for value, reliability, or cutting-edge features on a...

The Cheapest SUVs Today – SUVs Under $30,000 in 2025
by Justin Fischer | Last updated Feb 10, 2025 | | 0 Comments
Looking for an affordable SUV in 2025? You’re not alone. With rising vehicle prices, finding an SUV under $30,000 that doesn’t skimp on features can feel like a challenge. But even in the era of rising car prices, there are still plenty of budget-friendly options out...

How to Leverage Year-End Deals for Big Savings on Used Cars
by Justin Fischer | Last updated Dec 20, 2024 | | 0 Comments
Year-end car deals aren’t just for new cars and trucks – smart shoppers in the used car market can leverage new car specials for big savings. Used car prices have been steadily declining, and the timing couldn’t be better to secure a great deal. Here’s how to use...

Why Buy a Warranty For a New Car? The Surprising Math
by Justin Fischer | Last updated Dec 20, 2024 | | 0 Comments
Congratulations! You’ve just bought a new car—paperwork signed, plates in the mail, and the open road ahead. Now, you’re wondering: do you really need a warranty for your brand-new ride? After all, isn’t it built to last? Auto warranties can feel like a gamble. If you...

Negative Equity Car Loans Surge: 39% of Drivers Are Underwater, EVs Hit Hardest
by Justin Fischer | Last updated Dec 19, 2024 | | 0 Comments
Negative equity, or owing more on a car loan than the vehicle’s market value, continues to rise as inflationary pressures and long loan terms take their toll on car buyers. CarEdge, in partnership with Black Book, surveyed 474 drivers in Q4 2024 to uncover the state...

Honda and Nissan Merger Talks: What It Means for Car Buyers in 2025
by Justin Fischer | Last updated Dec 17, 2024 | | 0 Comments
@caredge Is #honda buying #nissan ??? #newcar #caredge ♬ original sound - caredge Two of Japan’s largest automakers, Honda and Nissan, are reportedly entering merger negotiations, as reported by the Nikkei newspaper. The talks aim to solidify their position in the...

Why Are Car Insurance Rates Rising? Here’s How to Save in 2025
by Justin Fischer | Last updated Dec 14, 2024 | | 0 Comments
Car insurance premiums are surging at an unprecedented rate, and it’s hitting wallets hard. Over the past year, auto insurance costs have risen by 13%, following a nearly 51% increase since late 2019. According to a recent report from the Washington Post, this surge...

How to Negotiate a Car Lease: A Simple Guide to Saving Money
by Justin Fischer | Last updated Dec 12, 2024 | | 0 Comments
Leasing a car can be a smart financial choice—but only if you know how to navigate the process. Unfortunately, common mistakes and confusing terms can leave lessees overpaying or stuck with an unfavorable deal. We spoke with CarEdge leasing expert Mario to learn all...

10 Amazing Year-End Lease Deals: SUVs, Trucks, and More
by Justin Fischer | Last updated Dec 13, 2024 | | 2 Comments
As 2024 wraps up, automakers are rolling out incredible year-end lease deals on a wide range of vehicles, from family SUVs to full-size trucks. With dealerships eager to clear out inventory, now is the time to lock in a great lease with low monthly payments, minimal...

The 10 Most Negotiable Cars And Trucks Are Leftover 2023 Models
by Justin Fischer | Last updated Dec 10, 2024 | | 0 Comments
As 2024 comes to a close, some of the most negotiable cars and trucks today are leftover 2023 models. These vehicles have been sitting on dealer lots for well over a year, making them prime targets for buyers equipped with negotiation know-how. From muscle cars like...

The 10 Most Reliable Car Brands For 2025 Will Shock You
by Justin Fischer | Last updated Dec 6, 2024 | | 1 Comment
We've got new comparisons fresh off the press! Consumer Reports just released their Car Brand Reliability rankings for 2025. Enjoy the fresh data below! Have you ever found yourself pleasantly surprised upon discovering that a certain car brand far exceeds your...
![The 10 Best Year-End Car Deals [2024]](https://caredge.com/wp-content/uploads/2024/12/2024-12-02_The-Best-Year-End-Car-Deals_Blog-Header-Image_1920x1080_v1-1-1080x675.jpg)
The 10 Best Year-End Car Deals [2024]
by Justin Fischer | Last updated Dec 20, 2024 | | 0 Comments
Year-end sales are officially here, and there are nearly 1.5 million 2024 models left to sell. That's bad news for automakers, but great news for car buyers. Manufacturers and dealerships are bringing their best incentives to the table for December. These are the top...

Stellantis’ CEO Has Resigned. Is Now a Bad Time to Buy a Jeep, Ram, or Dodge?
by Justin Fischer | Last updated Dec 2, 2024 | | 0 Comments
In a surprising move, Stellantis CEO Carlos Tavares has stepped down from his position, effective immediately. The announcement comes as the automaker faces slumping profits and weakening U.S. sales across its brands, which include Jeep, Ram, Dodge, Fiat, Alfa Romeo,...

5 Year-End Truck Deals Worth Your Time: Ram, GMC, Chevy & More
by Justin Fischer | Last updated Dec 9, 2024 | | 0 Comments
As year-end truck deals get underway, automakers and dealers are in a it of a freak out. Out of all 480,000 new full-size trucks on sale in December, just over half are remaining 2024 models. In fact, there are even 7,000 new 2023s still on sale. It’s no surprise then...
![The 5 Best Year-End EV Deals [2024]](https://caredge.com/wp-content/uploads/2024/11/2024-12-02_The-Best-Year-End-EV-Deals_Blog-Header-Image_1920x1080_v1-1-1080x675.jpg)
The 5 Best Year-End EV Deals [2024]
by Justin Fischer | Last updated Dec 19, 2024 | | 0 Comments
If you’ve been waiting for electric vehicle prices to drop, 2024's year-end deals are here to make it happen. In December, the best deals include zero percent financing, cash incentives, and cheap lease offers. Ford, Kia, GM, and even Tesla are advertising special...

The 10 Best Cyber Monday Car Deals [2024]
by Justin Fischer | Last updated Dec 2, 2024 | | 0 Comments
Cyber Monday 2024 is a great day to drive home a deal on a new car or truck. Year-end sales are officially here, and there are nearly 1.5 million 2024 models left to sell. Manufacturers and dealerships are bringing their best incentives to the table for December....

5 Year-End SUV Deals That Sound Too Good To Be True
by Justin Fischer | Last updated Dec 19, 2024 | | 1 Comment
The end of the year is a prime time for SUV deals, but 2024’s offers are some of the best we’ve seen in a while. Automakers are rolling out big incentives, from zero-percent APR financing to hefty cash offers. For those looking to lease, you won’t be disappointed with...

7 Great Black Friday Deals That Expire Next Week – Cars, Trucks, and EVs
by Justin Fischer | Last updated Nov 25, 2024 | | 0 Comments
Black Friday is almost here, and 2024’s car sales are no joke. From 0% APRs to massive cash incentives, there are plenty of deals worth the test drive. While many promotions will extend into December, a handful of standout offers are set to expire next week. Here are...
Can You Get a Deal on a Used Car This Black Friday?
by Justin Fischer | Last updated Nov 23, 2024 | | 0 Comments
Black Friday is known for new car deals, but can it deliver savings on used cars? Although new car incentives like zero percent financing abound, more than half of buyers are expected to buy a used vehicle this holiday season. So, is it possible to score a great deal...

50,000 New 2023s Remain Unsold In Late 2024 – Here’s How Much To Negotiate
by Justin Fischer | Last updated Nov 27, 2024 | | 0 Comments
Just one month away from stepping into 2025, there are nearly 50,000 new 2023 models still sitting on dealer lots in the United States. Even more surprising? Nearly 5,000 new 2022s are also on sale. How is this possible? If you’ve shopped for a car in the past year,...

These 5 EVs Have Falling Prices For 2025 – But May Lose the Tax Credit
by Justin Fischer | Last updated Nov 15, 2024 | | 0 Comments
As EV sales level off, automakers are responding with big price cuts for 2025. The average price of a new electric vehicle is still higher than the typical gas-powered car, but the good news is that several popular EVs are getting cheaper in 2025. It’s clear that...

GM Lays Off 1,000 Employees – Are EVs to Blame?
by Justin Fischer | Last updated Nov 15, 2024 | | 0 Comments
In a bid to streamline operations and adapt to rapidly changing market conditions, General Motors has announced the termination of approximately 1,000 employees, primarily in the United States. These layoffs, which follow a series of cost-cutting measures throughout...

The 10 Best Black Friday Deals – Cars, Trucks, and SUVs Priced to Sell
by Justin Fischer | Last updated Nov 27, 2024 | | 0 Comments
It’s official: year-end deals have arrived early. Black Friday 2024 is shaping up to be one of the best times in years to find unbeatable deals on new cars and trucks. Manufacturers and dealerships are eager to move out remaining 2024 models before the new year, so...
![The 5 Best Black Friday EV Deals [2024]](https://caredge.com/wp-content/uploads/2024/11/2024-11-09_Black-Friday-EV-Deals_Blog-Header-Image_1920x1080_v2-1080x675.jpg)
The 5 Best Black Friday EV Deals [2024]
by Justin Fischer | Last updated Nov 23, 2024 | | 1 Comment
If you’ve been waiting for electric vehicle prices to drop, Black Friday 2024 is here to make it happen. Black Friday EV deals include zero percent financing, cash incentives, and cheap lease offers. Ford, Kia, GM, and even Tesla are advertising special offers. Here’s...
![5 Great Black Friday SUV Deals [2024]: 0% APRs And Lease Specials](https://caredge.com/wp-content/uploads/2024/11/Crossover-Deals_Blog-Header-Image_1920x1080_v2-1080x675.jpg)
5 Great Black Friday SUV Deals [2024]: 0% APRs And Lease Specials
by Justin Fischer | Last updated Nov 23, 2024 | | 1 Comment
Black Friday 2024 is shaping up to be a great time to drive home a deal on a new SUV or crossover. Automakers are rolling out impressive incentives, including 0% APR financing, cash discounts, and lease offers. From compact crossovers to 3-row SUVs for families, there...

5 Black Friday Truck Deals Worth Your Time: Ram, GMC, Chevy & More
by Justin Fischer | Last updated Nov 23, 2024 | | 1 Comment
Not convinced that Black Friday 2024 will be a good time to score a deal on a truck? Consider this – out of all 480,000 new full-size trucks on sale in November, 63% are remaining 2024 models. In fact, there are even 8,800 new 2023s still on sale. It’s no surprise...

Ford Has A Problem: Oversupply Of 2023 Trucks Lingers As 2025 Approaches
by Justin Fischer | Last updated Nov 8, 2024 | | 2 Comments
As we enter November 2024, Ford is facing a serious inventory issue. Of the nearly 205,000 new full-size Ford trucks on dealer lots today, thousands are leftover 2023 models. In fact, there are far more new 2023s on sale than 2025 models, a problem unique to Ford in...

Is Nissan Going Out Of Business? CEO Enters ‘Emergency Mode’, Lays Off 9,000 Workers
by Justin Fischer | Last updated Feb 24, 2025 | | 1 Comment
In a dramatic turn for the automaker, Nissan Motor Company CEO Makoto Uchida, recently announced sweeping cost-cutting measures in response to a steep drop in profits and sales in 2024. Describing the situation as “emergency mode,” Nissan is implementing an aggressive...

The Fed Lowered Interest Rates 25 Basis Points – Auto Loan Rates Will Finally Fall
by Justin Fischer | Last updated Nov 7, 2024 | | 2 Comments
On November 7, 2024, the Federal Reserve announced a 25 basis point (0.25%) rate cut, marking the second rate reduction since September. For the first time in years, we’re seeing a shift towards lower interest rates, as the Fed responds to economic pressures and...
These Black Friday Car Deals Arrived Early, With Zero-Percent Financing and HUGE Lease Offers
by Justin Fischer | Last updated Nov 23, 2024 | | 1 Comment
Thanksgiving is a few weeks away, but Mazda, Volkswagen, and Chevrolet aren’t wasting any time advertising their Black Friday sales. Whether you’re in the market for zero-down lease offers or the best financing specials, there are deals worth the test drive. Here’s a...

2024 Car Buyer Satisfaction Report: How Transparency and Buyer Knowledge Lead to Better Experiences
by Justin Fischer | Last updated Oct 30, 2024 | | 2 Comments
The latest CarEdge Car Buyer Satisfaction Survey shows that an informed approach to car buying leads to a more satisfying and seamless experience, with 87% of respondents reporting high satisfaction with their purchases. This is significantly higher than industry...

Every Zero Percent Financing Offer For May 2025
by Justin Fischer | Last updated May 1, 2025 | | 9 Comments
Plenty of the great new car offers continue in May 2025 as Memorial Day deals get underway. In May, car shoppers can look forward to 0% APR deals across a range of cars, trucks, and SUVs, making this a perfect time to upgrade your ride without the extra cost of...
![Every Zero-Down Lease Deal This Month [May 2025]](https://caredge.com/wp-content/uploads/2024/03/2024-09-16_Cheapest-Leases-This-Month_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
Every Zero-Down Lease Deal This Month [May 2025]
by Justin Fischer | Last updated May 6, 2025 | | 1 Comment
It's a great time to lease a new car or truck. In May two new cars are available with little to no money down. Avoid costly vehicle depreciation with these insanely good lease deals. Be sure to check back, as automakers update these offers during the first week of the...

The Best Truck Deals For May 2025: Finance, Lease, and Cash Offers
by Justin Fischer | Last updated May 2, 2025 | | 0 Comments
May truck deals are officially here! With 2025 models arriving daily and dealers eager to sell remaining 2024 inventory, it's a great time for negotiating. Or, you can let us do it for you. Here's our guide to the top truck deals of May 2025, featuring low APR...

The Best New Car Lease Deals for May 2025
by Justin Fischer | Last updated May 2, 2025 | | 0 Comments
We dug through the latest new car lease offers to find you the very best lease deals for May 2025. Tariffs are poised to send prices higher, but there are still some great lease specials if you know where to look. Memorial Day car sales are arriving daily. Skip ahead...

The Best Auto Loan Rates For May 2025
by Justin Fischer | Last updated May 2, 2025 | | 0 Comments
Interest rates remain high heading into spring, yet smart buyers secure zero percent financing each and every day. If you’re thinking of financing a new car, you'll want to take advantage of manufacturer incentives to save thousands. These are the best new car finance...

These 5 Brands Will Have The Best November Car Deals
by Justin Fischer | Last updated Nov 3, 2024 | | 0 Comments
Inventory is high for these five car brands, with thousands of 2024 (and even some 2023) models on sale with 2025 fast approaching. If you’re holding out for an unbeatable deal, November’s car sales could be your best chance to save. Let’s take a look at the car and...
What To Expect For Black Friday Car Deals [2024]
by Justin Fischer | Last updated Oct 23, 2024 | | 1 Comment
Black Friday 2024 is just around the corner, and this is one of the best times to score a deal you can be proud of. Year-end car sales kick off with Black Friday, and dealers nationwide will be rolling out major finance, cash, and lease incentives to clear out 2024...

3 Car Dealership Traps, And How To Get Out Of Them
by Zach Shefska | Last updated Oct 23, 2024 | | 0 Comments
Do not fall for these 3 car dealership traps! When we founded CarEdge five years ago, our mission was simple: empower customers to navigate car buying with confidence. While we've come a long way, car dealerships continue to use tactics that make negotiations...

Should You Sell Your Car Now Or Wait? Time Your Trade-In Right
by Justin Fischer | Last updated Oct 25, 2024 | | 0 Comments
If you’re asking, “When is a good time to sell your car?”, the answer is almost always sooner rather than later. In general, your car is worth more today than it will be tomorrow. However, there are nuances for some drivers that can change the dynamic. Here’s a closer...

Tesla and BMW Owners Are Most Likely To Be Upside Down On Car Loans
by Justin Fischer | Last updated Oct 17, 2024 | | 0 Comments
In our recent CarEdge Negative Equity Report, we uncovered an alarming trend: 31% of those who financed their vehicles are currently underwater on their loans. In other words, they owe more on their cars than the vehicles are worth. Among electric vehicle owners, the...

The 5 Most Negotiable SUVs for Year-End Car Buyers
by Justin Fischer | Last updated Oct 16, 2024 | | 1 Comment
As we approach the end of 2024, now is the time to score big deals on new SUVs. Many dealerships have excess inventory, especially leftover 2023 models, making these vehicles ripe for negotiation. Here are the five most negotiable SUVs for year-end shoppers in 2024....

The 5 Most Negotiable Trucks For Year-End Car Buyers
by Justin Fischer | Last updated Oct 23, 2024 | | 2 Comments
If you’re in the market for a new truck, 2024’s year-end sales offer the perfect opportunity to score big savings. With plenty of unsold inventory on dealer lots, especially among 2023 models, now’s the time to negotiate. Here are the five most negotiable trucks for...

The 5 Most Negotiable Cars For Year-End Car Buyers In 2024
by Justin Fischer | Last updated Oct 16, 2024 | | 0 Comments
As 2024 winds down, car buyers have a golden opportunity to secure deep discounts on these sedans. With high market day supply, slow sales, and even remaining 2023 models, these are the most negotiable cars for year-end shoppers. Also 👉 The Best New Car Offers This...

It’s October 2024, Yet 70,000 New 2023s Remain On Sale. Here’s Where To Find The Deals.
by Justin Fischer | Last updated Oct 15, 2024 | | 0 Comments
If you’re looking to negotiate up to 25% off on a brand-new car, now is the time to focus on remaining 2023 inventory. These cars are just months away from becoming two years old, and dealers are motivated to move them fast. Below are the car brands with the most...

Year-End Car Deals Will Be Huge In 2024, But Some Should Just Buy Now
by Justin Fischer | Last updated Nov 27, 2024 | | 0 Comments
2024’s year-end car deals are set to be some of the best in years. Starting with Black Friday and continuing through December, the best time to buy a car is here. With a surplus of inventory, falling interest rates, and holiday sales, dealers and OEMs are motivated to...

Do Electric And Hybrid Cars Hold Their Value? A Look At The Best And Worst Performers.
by Justin Fischer | Last updated Oct 10, 2024 | | 0 Comments
When consumers buy hybrid or electric cars, they typically do so with a greater purpose. Either they wish to help the planet by limiting the burning of fossil fuels and reducing emissions, or they want to save money at the pump. Many would consider themselves...

Do You Have Equity In Your Car Lease? It’s Worth Finding Out.
by Justin Fischer | Last updated Oct 12, 2024 | | 0 Comments
Whether you're considering a lease for your next car or currently have a car on lease, you're probably aware that a lease gives you no ownership. However, many dealerships processing end-of-lease returns neglect to mention an important detail. In some cases, when a...
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Every Honda Recall So Far In 2024 [U.S. Market]
by Justin Fischer | Last updated Oct 9, 2024 | | 0 Comments
Honda has issued several significant recalls over the course of 2024, involving components ranging from software to power steering. The most recent recall involves 1.7 million Honda and Acura models, the largest by far this year. To ensure that Honda and Acura drivers...

Four Things to Do When Test Driving a Car
by Justin Fischer | Last updated Oct 9, 2024 | | 0 Comments
You should never buy a car without first taking it for a test drive. If you are new to the car buying game, you may not know what to watch out for during a test drive. Here are four things to pay attention to when you test drive any vehicle. 1) Test all of the...

What’s An Upside-Down Car Loan? It’s A Growing Problem In America
by Justin Fischer | Last updated Oct 8, 2024 | | 0 Comments
The term "upside down" doesn't sound like much fun. Generally speaking, you want to be "right side up", and that is definitely the case when it comes to an auto loan. Within the auto industry, being upside down in a car loan simply means that the balance on your loan...
![10 Cars with the Lowest Cost of Ownership [2025 Data]](https://caredge.com/wp-content/uploads/2024/07/2024-07-11_The-Hidden-Costs-of-Owning-a-Car_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
Car Ownership Costs Beyond the Price Tag: What to Expect
by Justin Fischer | Last updated Oct 31, 2024 | | 0 Comments
When buying a car, most people focus on the sticker price, but the total cost of owning a car goes far beyond that initial figure. While the purchase price is a major consideration, ongoing costs like insurance, maintenance, depreciation, and financing can add up...

Is It Better To Sell Or Trade-In Your Car? 10 Considerations To Help You Decide
by Justin Fischer | Last updated Oct 31, 2024 | | 0 Comments
It’s time to say goodbye to your old reliable car, but should you sell it privately or trade it in? Both options have their pros and cons, but with the right approach, you can minimize financial losses. Here are 10 tips to help you make the best decision. 10...

CarEdge Launches Deal School: The Free Car Buying Course To Save You Thousands
by Justin Fischer | Last updated Oct 31, 2024 | | 0 Comments
Car buying can be overwhelming, but Deal School is here to help. CarEdge, led by father-son duo Ray and Zach Shefska, has updated the internet’s #1 free car buying course for 2024 and beyond. Designed to empower consumers, Deal School teaches buyers how to navigate...

122,000 New Cars Are In Hurricane Milton’s Path: What It Means For Car Prices
by Justin Fischer | Last updated Oct 9, 2024 | | 0 Comments
As Hurricane Milton barrels toward Florida’s Gulf Coast, the automotive industry is bracing for significant losses. Over 122,000 new cars are parked in the storm’s projected path across Central Florida, with landfall expected on October 9th. While residents focus on...
![10 Cars with the Lowest Cost of Ownership [2025 Data]](https://caredge.com/wp-content/uploads/2024/07/2024-07-11_The-Hidden-Costs-of-Owning-a-Car_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
Can You Avoid Car Depreciation? One Way To Minimize Loss Of Value
by Justin Fischer | Last updated Oct 7, 2024 | | 0 Comments
Car depreciation is what makes cars a bad investment—they always lose value over time. If we could sell our cars for what we paid, we’d be collecting them like baseball cards. But the reality is, 99.9% of vehicles lose value, just like rust on an old car. Cars aren’t...
When Is The Best Time To Buy A New Car? The Answer Is Clear.
by Justin Fischer | Last updated Oct 7, 2024 | | 0 Comments
One of the most common questions we are often asked is, "When is the best time to buy a car in order to get the best price?" The answer is simple: year-end sales are your best bet. Let’s break down why the end of the year is ideal for negotiating a great car deal. Why...
![Every Zero-Down Lease Deal This Month [May 2025]](https://caredge.com/wp-content/uploads/2024/03/2024-09-16_Cheapest-Leases-This-Month_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
Every Zero-Down Lease Deal This Month [October 2024]
by Justin Fischer | Last updated Oct 7, 2024 | | 0 Comments
Finally, some good news for car shoppers: October 2024 is packed with zero-down lease deals. As year-end deals approach, manufacturers are rolling out some serious lease incentives to sell remaining inventory before the new year. Right now, it’s totally possible to...
Buying A Rental Car: Pros, Cons, And What You Should Know
by Justin Fischer | Last updated Oct 2, 2024 | | 0 Comments
Buying a rental car can be an affordable way to get a newer vehicle, but it’s important to weigh the pros and cons. Rental cars are often priced lower than those privately owned, making them appealing to budget-conscious buyers. But are the risks worth it? Let’s weigh...

Buying a Car From a Private Seller: Key Risks and How to Avoid Them
by Justin Fischer | Last updated Oct 2, 2024 | | 0 Comments
Buying a car from a private seller can be tempting, especially when the price is right. But private sales come with risks that you need to be aware of before making a deal. Unlike dealerships, private sellers don’t have the same accountability, making it crucial for...

Avoid 84-Month Car Loans, Even As Rates Fall
by Justin Fischer | Last updated Oct 2, 2024 | | 0 Comments
As car prices remain high, many buyers are opting for longer car loans to keep their monthly payments manageable. According to new data from Edmunds, 84-month loans are on the rise. In fact, 84-month car loans have grown from 15.8% of new loans in Q1 2024 to 18.1% in...

The Best Full-Size Truck Deals For October: Finance, Lease, and Cash Offers
by Justin Fischer | Last updated Oct 4, 2024 | | 0 Comments
Fall is underway, and better truck deals are here. With 2025 models arriving daily and dealers eager to sell remaining 2024 inventory, it's a great time for negotiating, or letting us do it for you. Here's our guide to the top truck deals of October 2024, featuring...
![Every Zero-Down Lease Deal This Month [May 2025]](https://caredge.com/wp-content/uploads/2024/03/2024-09-16_Cheapest-Leases-This-Month_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
The Cheapest Lease Deals For May 2025: Leases Under $200/month
by Justin Fischer | Last updated May 1, 2025 | | 2 Comments
Looking to get into a new vehicle for the least amount of money possible? We’re here to help. Despite new car prices remaining near record highs, affordable lease options remain as automakers look to move inventory. Surprisingly, there are several new car leases under...

The Best November Car Deals: Low APRs and Leases From $179/Month
by Justin Fischer | Last updated Nov 7, 2024 | | 1 Comment
As manufacturers roll out year-end incentives, buyers are seeing more attractive offers for November 2024. From zero percent financing to cheap lease deals, there's something for everyone. It's worth pointing out that automakers update their incentives between the...

New Survey: 1 in 3 Drivers Are Underwater, Most Overestimate Their Car’s Value
by Justin Fischer | Last updated Sep 27, 2024 | | 0 Comments
Negative equity, or being “underwater” on a car loan, is becoming a growing issue for many drivers in today’s market. As vehicle prices soar and depreciation accelerates, more car owners are finding themselves owing more on their loans than their cars are worth....

5 New Cars And Trucks With Lower Prices For 2025
by Justin Fischer | Last updated Dec 27, 2024 | | 0 Comments
As 2025 approaches, some car shoppers are finally seeing relief after years of price hikes. Several popular cars and trucks are getting price cuts in the new year. With automakers competing for U.S. market share and adapting to market demands, a few fan-favorites are...

How To Refinance A Car Loan: Save Money In 5 Easy Steps
by Justin Fischer | Last updated Sep 23, 2024 | | 0 Comments
If you’re looking for ways to save money on your car loan, refinancing could be the perfect solution. Whether falling interest rates have your attention or your credit score has improved, refinancing your loan can lower your monthly payments and reduce the amount of...

When Will Auto Loan Rates Go Down? New Car Buyers To Benefit Sooner
by Justin Fischer | Last updated Oct 23, 2024 | | 0 Comments
As the Federal Reserve begins to lower interest rates for the first time in years, many car buyers are wondering when they’ll see relief in auto loan rates. While the Fed’s recent 50 basis point cut is a positive sign, the impact on auto loan rates may take a little...

When Is The Best Time To Buy a Used Car? It’s Just Around The Corner
by Justin Fischer | Last updated Sep 19, 2024 | | 0 Comments
Seasonality plays a big role in the auto market. New car shoppers are familiar with the windows of opportunity for savings: year-end car sales, Memorial Day deals, and Summer truck month, to name a few. But for used car buyers, the question remains: when is the...

The Fed Lowered Interest Rates 50 Basis Points, But Many Should Wait To Refinance Auto Loans
by Justin Fischer | Last updated Sep 18, 2024 | | 0 Comments
For the first time in four years, the Federal Reserve is officially dropping interest rates. On September 18, the Fed announced a 0.5 percentage point reduction in its benchmark rate. The rate cut is expected to be the first of several, and it comes at a time when the...

Predictions For 2025: Automakers Buckle Under Pressure From Consumers
by Justin Fischer | Last updated Mar 3, 2025 | | 4 Comments
After four years of tumult, the car market is finally starting to resemble normalcy - at least in terms of seasonal price fluctuations and dealership lot inventory. Yet, as any car shopper knows, new car prices remain high. Over the past five years, new car prices...

These 2024 Models Have The Most Remaining Inventory, And Highest Negotiability
by Justin Fischer | Last updated Sep 16, 2024 | | 0 Comments
We’re just a few months from 2025, yet 2.2 million cars and trucks from the 2024 model year remain on dealership lots. While some car buyers may be tempted to wait for a 2025, others see the abundance of 2024s as a golden opportunity to negotiate a deal. For this...

What Cars Are Being Discontinued In 2025? The Complete List Of Canceled Models
by Justin Fischer | Last updated Nov 11, 2024 | | 4 Comments
Wondering which cars are driving off into the sunset? These are all the models that won’t be making it to next year. As automakers look to revamp their lineups and reshape their brand image, 17 car models have been announced for cancellation in 2025. Whether it's...

The Honda Prologue Is Outselling The EV Competition, Despite Its Weakness
by Justin Fischer | Last updated Sep 16, 2024 | | 0 Comments
Just months after hitting the market, Honda, one of the last major automakers to go electric in the American market, is now out-selling its competitors. To say that the 2024 Honda Prologue has been a success would be an understatement. Is Honda’s first EV in America...

The Complete List: Every EV On Sale In America, And New Models For 2025
by Justin Fischer | Last updated Sep 16, 2024 | | 0 Comments
Here’s your one-stop guide to every electric vehicle currently on sale in the United States, plus a sneak peek at the models coming in 2025. Whether you’re eyeing a crossover, 3-row SUV, or an electric pickup truck, this comprehensive list has you covered. We’re...

The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024
by Justin Fischer | Last updated Sep 12, 2024 | | 0 Comments
Did you know that depreciation makes up the biggest portion of the total cost of car ownership? When it comes to buying a new car, it’s important to consider how well it holds its value over time. Depreciation is the difference between the original sales price, and...

5 SUVs with the Worst Depreciation: Know What to Expect
by Justin Fischer | Last updated Sep 11, 2024 | | 0 Comments
When buying an SUV, one thing you’ll want to keep in mind is depreciation. Some SUVs lose value faster than others, which can lead to a lower resale value when you're ready to trade in or sell. With the consumer in mind, we’re highlighting five family-sized SUVs with...

The Best Truck Leases This Month: Lease a Full-Size Pickup from $339/month
by Justin Fischer | Last updated Nov 5, 2024 | | 0 Comments
If you’re in the market for a truck but don’t want the hassle of ownership, leasing might just be your best bet. This month, there are some great lease deals on full-size trucks that’ll let you drive off in a brand-new pickup without breaking the bank. Let’s take a...

5 Trucks with the Worst Depreciation… Buyers Beware!
by Justin Fischer | Last updated Sep 10, 2024 | | 0 Comments
Buying a truck is a costly endeavor, but not all trucks hold onto their value the same way. Some depreciate faster than others, leaving truck owners with less resale value down the road. In this deep dive, we'll take a look at five trucks that don't fare well when it...

How to Spot a Lemon Law Car in 6 Easy Steps
by Justin Fischer | Last updated Oct 31, 2024 | | 0 Comments
When shopping for a car, the last thing you want is to end up with is a lemon. A Lemon Law car is a vehicle plagued with defects that can lead to endless repairs, frustration, and unexpected expenses. Fortunately, there are several telltale signs that can help you...

The 5 Best Off-Road Vehicles For 2025
by Justin Fischer | Last updated Aug 30, 2024 | | 0 Comments
When it comes to hitting the off-road trails, you need a vehicle that’s up to the task. From trucks to SUVs, these off-road vehicles spanning from budget to luxury are ready to tackle your adventure. Let’s dive into the top five off-road vehicles of 2025, and what...

The 10 Best Labor Day 2024 SUV Deals – Unbeatable Leases and Financing Offers
by Justin Fischer | Last updated Aug 27, 2024 | | 0 Comments
Labor Day 2024 is shaping up to be a golden opportunity for SUV shoppers, with incredible lease and financing deals finally hitting the market. As dealerships work to clear out 2024 inventory and make room for incoming 2025s, buyers have a strong negotiating advantage...

5 Amazing Labor Day 2024 EV Deals – Zero Percent Financing and Great Lease Offers
by Justin Fischer | Last updated Aug 21, 2024 | | 0 Comments
Labor Day 2024 is shaping up to be an excellent time for electric vehicle shoppers. With the latest models arriving and dealers eager to clear out 2024 inventory, now is the perfect time to secure a fantastic deal on a new EV. Whether you’re looking to finance or...
![7 Amazing Labor Day Lease Deals [2024] – Leases From $189](https://caredge.com/wp-content/uploads/2024/08/2024-08-20_Best-Labor-Day-Lease-Deals_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
7 Amazing Labor Day Lease Deals [2024] – Leases From $189
by Justin Fischer | Last updated Aug 21, 2024 | | 1 Comment
Labor Day 2024 is a great time to lease a car. These 7 new cars and trucks are the best lease deals this Labor Day. Labor Day car deals are what car shoppers have been waiting for, and the bargains are finally here. With high inventory levels, stagnant sales, and 2025...

Top 10 Labor Day Car Deals of 2024 (Trucks, SUVs, EVs, and More)
by Justin Fischer | Last updated Aug 9, 2024 | | 0 Comments
Labor Day car deals are here, but are they any good? These 10 manufacturer incentives are worth the test drive. Labor Day car deals are what car shoppers have been waiting for, and the bargains are finally here. With high inventory levels, stagnant sales, and 2025...

5 of the Best Labor Day Truck Deals in 2024 – Zero Percent Financing and Lease Deals
by Justin Fischer | Last updated Aug 9, 2024 | | 0 Comments
As Labor Day 2024 approaches, the truck market is full of financing incentives, cash offers, and lease deals. With the latest 2025 models arriving and dealers eager to clear out remaining 2024 inventory, now is the perfect time to score a great deal on a new pickup....

Labor Day Car Deals in 2024: New Car Offers Shine, Used Car Buyers Should Wait
by Justin Fischer | Last updated Aug 28, 2024 | | 0 Comments
As Labor Day 2024 approaches, car shoppers have an excellent opportunity to snag some serious deals. Labor Day has become a prime time for car sales, and 2024 is no exception. With zero percent APRs, cash discounts, and unheard of lease offers, this year’s Labor Day...

Top Compact Cars for 2025: Consumer Reports, Safety, and Overall Value Ratings
by Justin Fischer | Last updated Sep 12, 2024 | | 0 Comments
The top compact cars for 2025 are feature-packed, top-rated for safety, and surprisingly affordable. These cars prove that amazing value still exists for under $30K, despite ever-rising car prices. Here’s why these five compact cars are the best value for car shoppers...

2025 Car Prices: 10 Models with the Biggest MSRP Increases
by Justin Fischer | Last updated Aug 6, 2024 | | 0 Comments
Despite an abundance of inventory and high interest rates, new car prices keep rising, and 2025 car prices are no exception. Many automakers are increasing the starting prices of their vehicles at a pace that far exceeds inflation. Time and time again, we’ve seen...
![The 5 Best Sports Cars Under $100,000 [2024 – 2025]](https://caredge.com/wp-content/uploads/2024/07/2024-07-25_Best-Sports-Cars-Under-100K_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
The 5 Best Sports Cars Under $100,000 [2024 – 2025]
by Justin Fischer | Last updated Jul 29, 2024 | | 0 Comments
If you’re looking for speed and handling without breaking the bank, you may be in for a pleasant surprise. There are several high-performance cars available for under $100,000 that deliver fun on the track, and a great ride on city streets. Let’s take a look at five...

The Best Hybrid Lease Deals in November: Deals Under $300/Month
by Justin Fischer | Last updated Oct 31, 2024 | | 0 Comments
If you’re looking for a vehicle that offers fuel efficiency without the charging hassles of an EV, a hybrid might be your best match. This month, automakers are offering lease specials across a range of models, from the redesigned Prius to hybrid SUVs like the Corolla...

The Best Deals on 3-Row SUVs: Lease Specials and APR Offers for May 2025
by Justin Fischer | Last updated May 2, 2025 | | 1 Comment
If you’re in the market for a family SUV, May is a great time to shop deals on three-row SUVs. Memorial Day specials are here, and automakers are offering APRs as low as zero percent and lease specials for under $300/month. Whether you’re looking for the best...

Used Car Prices Are Falling Quickly – Summer 2024 Update
by Justin Fischer | Last updated Jul 26, 2024 | | 0 Comments
Where are used car prices headed? How far have used car prices already fallen this year? Which cars have seen the greatest depreciation? We're answering these questions and more with the latest used car market update for summer 2024. Want to see local price data and...

The Safest Cars in 2024: Models You Can Count On
by Justin Fischer | Last updated Jul 23, 2024 | | 0 Comments
In 2023, nearly 6 million car crashes occurred in the U.S., with 40,000 resulting in fatalities. As accident rates rise, vehicle safety matters more than ever. The Insurance Institute for Highway Safety (IIHS) conducts crash tests on dozens of car and truck models...

The Best Fuel-Efficient Cars Today (Top Value for 2024)
by Justin Fischer | Last updated Jul 23, 2024 | | 0 Comments
Imagine cutting your fuel bill in half, without making the sacrifices that come with the EV lifestyle. Have you ever experienced the joy of owning a car that routinely gets 40, maybe even 50 miles per gallon? If not, we’re here to change that. In this guide, we’ll...
![10 Cars with the Lowest Cost of Ownership [2025 Data]](https://caredge.com/wp-content/uploads/2024/07/2024-07-11_The-Hidden-Costs-of-Owning-a-Car_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
The True Cost of Car Ownership: Hidden Expenses Uncovered
by Justin Fischer | Last updated Jul 19, 2024 | | 0 Comments
Consider this shocking statistic: the average cost to own and operate a new car in 2023 was $12,182. Cars are expensive, and the financial burden doesn’t stop at the dealership. From high-interest rates to soaring insurance premiums and maintenance costs, owning a car...

Do You REALLY Need an Extended Warranty For Your Car? Warranty Coverage Explained
by Justin Fischer | Last updated Sep 17, 2024 | | 0 Comments
Buying a car is a process that’s full of decisions, many of which can drastically alter your out-the-door price. Deciding whether to purchase add-ons simply adds to the stress of it all. Most car buyers are offered an “extended warranty,” but it’s a term that is too...

Questions Every Car Dealer Should Be Prepared to Answer
by Justin Fischer | Last updated Jul 22, 2024 | | 2 Comments
Buying a car is a big deal, and it’s normal to have a lot of questions. Whether you're a first-time buyer or have been through the process before, knowing what to ask can make everything a lot smoother. Here are some common questions every car dealer should be...

The Best Cars For Teen Drivers: Safe, Efficient, and Affordable
by Justin Fischer | Last updated Jul 15, 2024 | | 0 Comments
When choosing the best cars for teen drivers, it’s crucial to find a balance of safety, reliability, and affordability. Here, we highlight the top used cars for teenagers, focusing on models that are 3-5 years old and excel in these areas. These cars are reliable,...

10 Cars With the Best Resale Value Under $50,000
by Justin Fischer | Last updated Jul 15, 2024 | | 0 Comments
While all new cars depreciate, choosing a model with a high resale value can significantly reduce your financial loss over time. Smart car buyers can minimize depreciation by selecting a vehicle with a high residual value, AKA resale value, should you ever decide to...

10 Cars With the Best Resale Value Under $40,000
by Justin Fischer | Last updated Jul 12, 2024 | | 0 Comments
New cars are depreciating assets, no matter how you look at it. However, smart car buyers can minimize depreciation by selecting a vehicle with a high residual value, AKA resale value, should you ever decide to sell. Here are the top ten cars under $40,000 with the...
![10 Cars With the Best Resale Value [Under $30,000]](https://caredge.com/wp-content/uploads/2024/07/2024-07-12_10-Cars-that-Hold-Their-Value-The-Best-Under.30K_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
10 Cars With the Best Resale Value [Under $30,000]
by Justin Fischer | Last updated Jul 12, 2024 | | 0 Comments
Choosing a car with a high resale value can save you money in the long run, especially if you tend to upgrade every few years. By selecting a vehicle with a high residual value, you can count on getting more money back when you decide to sell. Here are the top ten...

The 5 Best Cars and Trucks for First-Time Buyers
by Justin Fischer | Last updated Jul 11, 2024 | | 0 Comments
Choosing the right car as a first-time buyer can feel like a daunting task, but with knowledge and empowerment, it doesn’t have to be. What should first-time buyers and new drivers look for in a vehicle? Reliability, affordability, and fuel economy are key factors to...

The 5 Best Used Cars Under $15,000 In 2025
by Justin Fischer | Last updated Jan 27, 2025 | | 0 Comments
In 2025, the average used car sells for nearly $26,000. Needless to say, that's a lot of money for an older model. Is it still possible to buy a used car for under $15,000? Believe it or not, reliable models from Honda, Subaru, and even Toyota are available for under...

The 5 Best SUVs For Families in 2024
by Justin Fischer | Last updated Jul 22, 2024 | | 0 Comments
You've got kids, yet you're not ready to give up a great ride. Fortunately, there are plenty of superb cars for families in 2024. These SUVs stand out for their unmatched value as people-movers. Here are the top five family-friendly cars for 2024, and the current...

The 5 Best Affordable Cars Right Now [2024-2025 Models]
by Justin Fischer | Last updated Jul 3, 2024 | | 0 Comments
When shopping for a new car in 2024, affordability and value are at the top of most buyers' lists. However, this is sadly becoming harder to find. When searching for the all-around best affordable cars of 2024, there are several standout options to consider. Let's...

Amazing Fourth of July EV Deals in 2024 – Kia, Tesla, BMW, and More
by Justin Fischer | Last updated Jul 11, 2024 | | 0 Comments
Independence Day EV deals are here, but are they any good? These 5 electric car deals offer serious savings. If you’re in the market for an affordable electric car this July, we’ve got good news: Independence Day EV deals are here in a big way. With high inventory,...

Top 10 Fourth of July Car Deals of 2024 (SUVs, Trucks, EVs, and More)
by Justin Fischer | Last updated Aug 9, 2024 | | 0 Comments
Independence Day car deals are here, but are they worth your time? These 10 manufacturer incentives are worth the fireworks. Independence Day car deals are what summer car shoppers have been waiting for, and at last, we’ve got bargains to share. With high inventory,...

Good Luck Buying a Car This Weekend: Dealership Cyberattack to Last ‘Several Days’
by Justin Fischer | Last updated Jun 20, 2024 | | 0 Comments
If you’re planning to buy a car this weekend, you might want to reconsider. A major cyberattack has crippled the dealership management systems of CDK Global, affecting thousands of dealerships across the United States and Canada. This disruption is creating chaos at...

USAA’s Car Buying Service Has Ended. Here Are 3 Alternatives
by Justin Fischer | Last updated Jun 20, 2024 | | 0 Comments
In 2022, USAA discontinued their renowned car buying service, leaving many members searching for alternative solutions. First announced in 2020, the changes brought an end to the popular service and TrueCar partnership. So, what are the best alternatives to USAA’s car...
![The Best Fourth of July Lease Specials [2024]](https://caredge.com/wp-content/uploads/2023/06/July4-Promotion-1080x675.png)
The Best Fourth of July Lease Specials [2024]
by Justin Fischer | Last updated Jun 17, 2024 | | 1 Comment
As the July 4th holiday approaches, car shoppers can look forward to some of the best lease deals in years. With a surplus of new car inventory and 2025 models arriving, Fourth of July sales are particularly attractive. Plus, leasing is a great way to get into a new...

The 5 Best Fourth of July Truck Deals: Financing, Cash, and Lease Specials
by Justin Fischer | Last updated Jul 3, 2024 | | 0 Comments
Historically a prime time for deals, Fourth of July truck sales are shaping up to be particularly great in 2024. This year, elevated levels of new truck inventory and the hefty floorplanning costs faced by dealers are creating the perfect storm for big discounts,...
![The 10 Best Fourth of July SUV Deals [2024]](https://caredge.com/wp-content/uploads/2024/06/2024-06-18_Fourth-of-July-SUV-Deals_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
The 10 Best Fourth of July SUV Deals [2024]
by Justin Fischer | Last updated Jun 18, 2024 | | 0 Comments
As we approach the Fourth of July holiday weekend (July 4 – July 7), car shoppers have a golden opportunity to take advantage of big discounts on SUVs and crossovers. Historically a prime time for car deals, 2024’s Fourth of July sales are poised to be exceptionally...

Nissan Lease-End Buyout Settlement: Find Out If You’re Impacted
by Justin Fischer | Last updated Jun 17, 2024 | | 0 Comments
In June 2024, the New York Attorney General's office reached settlements with two Long Island Nissan dealerships, requiring them to pay over $350,000 in restitution and penalties for allegedly adding bogus fees and improperly raising prices on leased vehicles that...

Every Zero Percent Financing Offer For October 2024
by Justin Fischer | Last updated Oct 7, 2024 | | 0 Comments
If you’re in the market for a new vehicle, October presents an excellent opportunity to take advantage of zero percent financing. Several car manufacturers are offering 0% APR deals across a range of models, making this a perfect time to upgrade your ride without the...

Fourth of July Car Sales Present a Rare Opportunity For Deals
by Justin Fischer | Last updated Aug 5, 2024 | | 0 Comments
As we enter the heart of summer, car shoppers have every reason to mark their calendars for July 4th. For those who can't wait until year-end car sales, the summer holiday is an excellent time to negotiate a deal, or simply to take advantage of manufacturer...

Navy Federal Car Buying versus CarEdge Concierge: The Differences Explained
by Justin Fischer | Last updated Mar 16, 2025 | | 0 Comments
When it comes to purchasing a new or used vehicle, car buying services can simplify the process and get you a better deal. In this comparison, we'll look at two popular services: Navy Federal Credit Union Car Buying Service and CarEdge Concierge’s car buying service,...

The Used Car Market Is Collapsing in 2024 – What Buyers and Sellers Need to Know
by Justin Fischer | Last updated Oct 23, 2024 | | 0 Comments
Used car prices are falling in 2024, and in all likelihood, we're just getting started. According to the most recent used car market updates from Black Book, prices and trade-in values are softening as buyers turn their backs to high APRs and high prices. The summer...

Understanding Car Buying Services: What Is a Car Concierge?
by Justin Fischer | Last updated Jun 4, 2024 | | 0 Comments
Car buying services, also known as car buying concierges, have emerged as a turnkey solution for those seeking a hassle-free car buying experience. These services handle everything from vehicle sourcing to negotiation, ensuring you get the best deal without the...

Costco versus CarEdge Car Buying Services: The Differences Explained
by Justin Fischer | Last updated Jun 7, 2024 | | 1 Comment
When it comes to purchasing a new or used vehicle, car buying services can simplify the process and potentially save you money. In this comparison, we'll look at two popular services: the Costco Auto Program and CarEdge Concierge, highlighting their key features,...

The Most Reliable Luxury Cars and SUVS – Consumer Reports, Recalls, and More
by Justin Fischer | Last updated May 30, 2024 | | 0 Comments
You’d think that 'you get what you pay for’ would ring true for all luxury vehicles, but time and time again, the data shows otherwise. Luxury models can have some of the highest maintenance costs, despite their lavish designs and fine-tuned ride. Before you fall in...

Cars with AI in 2024: Volkswagen and Mercedes-Benz Join Tesla at the Forefront
by Justin Fischer | Last updated May 24, 2024 | | 0 Comments
There’s a massive transition happening before our eyes, but it’s one that is getting harder to detect by the day: the rise of artificial intelligence (AI). We’re taking a close look at a rapid change that’s already transforming the auto industry: cars with AI. In...

The Most Negotiable New Cars in 2024
by Justin Fischer | Last updated May 23, 2024 | | 0 Comments
The best new car deals are changing in 2024. We spoke to CarEdge’s Ray Shefska about which new cars and trucks are most negotiable today. With over 40 years of experience in the business and a constant pulse on the market, Ray knows the ins and outs of car buying....

The 7 Best Memorial Day SUV Deals: Crossovers and Family Haulers at a Discount
by Justin Fischer | Last updated May 20, 2024 | | 0 Comments
As we approach Memorial Day weekend (May 25 – May 27), car shoppers have a golden opportunity to take advantage of significant discounts on SUVs and crossovers. Traditionally a hotbed for great car deals, 2024’s Memorial Day sales are shaping up to be especially big....

Summer 2024 Car Market Update: New and Used Car Forecast
by Justin Fischer | Last updated May 17, 2024 | | 0 Comments
As the summer car buying season heats up, some are finding it to be a great time to buy, others not so much. Here, CarEdge Co-Founders Ray Shefska and Zach Shefska provide their summer 2024 car market update, offering the latest insights for the new and used car...

Tesla, Hyundai, and Kia Have Shocking Memorial Day EV Deals
by Justin Fischer | Last updated May 16, 2024 | | 1 Comment
As we approach Memorial Day weekend, prepare for some of the best EV deals of the year. Historically a prime time for savings, 2024 Memorial Day EV sales are looking especially good. With the average new car loan rate near 10% APR, it’s crucial to take advantage of...

10 Cars and Trucks With the Biggest Price Increases in 2024
by Justin Fischer | Last updated May 15, 2024 | | 0 Comments
Despite an abundance of inventory and high interest rates, new car prices keep rising. Many automakers are increasing the starting prices of their vehicles at a pace that far exceeds inflation. Time and time again, we’ve seen automakers drop affordable base models,...

The 5 Best Memorial Day Truck Sales (May 2024)
by Justin Fischer | Last updated May 14, 2024 | | 0 Comments
Historically a prime time for deals, 2024 Memorial Day truck sales are shaping up to be particularly great. This year, elevated levels of new truck inventory and the hefty floorplanning costs faced by dealers are creating the perfect storm for big discounts. If you're...

Is Now a Good Time to Buy a Used Car? Do Your Homework First!
by Justin Fischer | Last updated Jun 6, 2024 | | 0 Comments
As summer 2024 approaches, more drivers are wondering if now is a good time to buy a used car. When it comes to the used car market, the details matter. With the average listing price hovering around $25,540, nearly unchanged from the start of the year, it might seem...

The 10 Least Reliable Car Brands of 2025: Consumer Reports, Recalls, and More
by Justin Fischer | Last updated Mar 3, 2025 | | 0 Comments
Shopping for a new car is an exciting time, but knowing which brands to steer clear of can save you from a lot of future headaches. At CarEdge, we're diving deep into rankings from Consumer Reports, and complimenting their legendary work with our own car market...

Why 2024’s Memorial Day Car Sales Are Shaping Up to Be Big
by Justin Fischer | Last updated May 17, 2024 | | 0 Comments
As we enter the heart of spring, car shoppers have every reason to mark their calendars for Memorial Day weekend (May 25 - May 27). Traditionally a hotbed for great car deals, 2024's Memorial Day sales are poised to be especially big. This year, high new car inventory...

Electric Car Prices are Plummeting: Depreciation Crisis Or Buyer’s Market?
by Zach Shefska | Last updated Apr 24, 2024 | | 5 Comments
Electric car prices have fallen off of a cliff. Depending on your stance in the market, this could be great news, or far from it. Since September 2022, the average used electric car price has tumbled from $63,069 to $33,645. That is a 47% loss of value in a little...
How to Sell a Car with a Loan: Your Step-By-Step Guide
by Justin Fischer | Last updated Apr 19, 2024 | | 0 Comments
For many, there will eventually come a time when you need to part ways with a beloved car - even when you still owe money on it. Selling a car with an outstanding loan can seem daunting due to the added complexity of dealing with lenders. However, with a proper...

Why New Car Prices are Dropping As Summer Nears
by Justin Fischer | Last updated Apr 17, 2024 | | 1 Comment
It seems like there's finally some good news on the horizon for potential car buyers. The latest car market data indicates a promising downward trend in new car prices. Let's dig into what's happening and why it might be the perfect time to consider that new car...

Down Go Truck Prices! Ford Sends 144,000 New Trucks to Dealers
by Justin Fischer | Last updated Apr 16, 2024 | | 0 Comments
As truck prices have skyrocketed, outpacing the broader auto market, buyer resistance is mounting. Bloated inventories, ever-climbing MSRPs, and high interest rates are just some of the challenges buyers face today. But truck deals are out there, if you’re a smart...

Year-End Car Sales Are Worth Waiting For
by Justin Fischer | Last updated Sep 3, 2024 | | 0 Comments
If you’re in the market for a new set of wheels, you might want to hold off on signing any papers just yet. Historical data and current trends both suggest that waiting until the end of the year can save you a lot of money. Here’s why delaying your purchase until...
The 3 Worst Mistakes a Used Car Buyer Can Make Today
by Justin Fischer | Last updated Apr 12, 2024 | | 0 Comments
At CarEdge, we dedicate ourselves to helping people navigate the car market, whether they're buying or selling, with the ultimate goal of saving money, time, and hassle. This week, we’ve tapped into the expertise of CarEdge Co-Founder Ray Shefska to uncover the three...

New Inflation Report Spells High Auto Loan Rates, But Falling Car Prices
by Justin Fischer | Last updated Apr 10, 2024 | | 0 Comments
The latest Consumer Price Index (CPI) report for March has thrown cold water on any hopes of a decrease in car loan interest rates for the remainder of 2024. With inflation surging unexpectedly to 3.5% year-over-year, the financial landscape is bracing for continued...

Hyundai Is Out-Selling Toyota In One Key Market. It’s Not Even Close
by Justin Fischer | Last updated Apr 10, 2024 | | 0 Comments
After bringing hybrids to the masses with the Prius over 20 years ago, Toyota resisted moving into full battery electric vehicles for as long as possible. One big competitor from Korea, however, is diving headfirst into EVs. Here’s how Hyundai is beating Toyota in one...
![Tesla Cancels $25,000 Model 2 Plans, Shifts Focus to Robotaxis [Updated: Musk Responds]](https://caredge.com/wp-content/uploads/2024/02/Tesla-logo.png)
Tesla Cancels $25,000 Model 2 Plans, Shifts Focus to Robotaxis [Updated: Musk Responds]
by Justin Fischer | Last updated Apr 5, 2024 | | 0 Comments
In a startling turn of events, Reuters reports that Tesla has abandoned its plans to launch a $25,000 electric vehicle, a project that is integral to the company's strategy for making electric vehicles more accessible and expanding its EV market domination. This move...

6 New Cars and Trucks Poised for Price Drops in 2024
by Justin Fischer | Last updated Apr 4, 2024 | | 0 Comments
As new cars fill dealership lots, OEMs are lowering prices to sell cars. From Jeep to Ford, and even Mazda’s new flagship SUV, price drops have already arrived. However, as we’re about to see, there are several other models that are in desperate need of MSRP...

Upside-Down on Your Car Loan? How to Navigate Negative Equity
by Justin Fischer | Last updated Apr 2, 2024 | | 0 Comments
Diving into the world of car ownership can lead you into murky waters, especially when grappling with negative car equity. Imagine owing more on your car loan than the vehicle is worth – a situation many Americans face today. This comprehensive guide illuminates the...

Ford’s EV Sales Are Rising. Tesla Chargers and Price Cuts Fuel the Surge
by Justin Fischer | Last updated Apr 3, 2024 | | 0 Comments
Electric vehicles are in the news for all the wrong reasons these days. Automakers are losing money as the clock ticks towards electrification goals set by the US government. Ford, who has struggled selling EVs to its core following, has gone so far as to cut...

Tools For Deal Hunters: The Best End-of-Month Car Specials in March 2024
by Justin Fischer | Last updated Mar 28, 2024 | | 0 Comments
Welcome to your go-to guide for March's end-of-month car specials. Learn the art of deal hunting with free resources like cheat sheets and strategy cards, and deepen your knowledge with our free Deal School course. We’ll also share the top 5 car deals right now. With...

Will the Baltimore Bridge Collapse Send Car Prices Skyward? What We Know
by Justin Fischer | Last updated Mar 28, 2024 | | 0 Comments
In the early hours of March 26, 2024, the Francis Scott Key Bridge in Baltimore met a catastrophic fate as the Dali, a vessel with a capacity of 10,000 containers, collided with one of its pillars. This incident led to the immediate closure of the Port of Baltimore, a...

Average Selling Prices Are Down 5% So Far in 2024 – Some Brands Are Dropping Even Faster
by Justin Fischer | Last updated Mar 25, 2024 | | 2 Comments
In 2024’s car market, we’ll take good news where we can get it. Since 2018, new car prices have soared 32% on average. However, we’re seeing a different trend this spring: falling new car prices. Market-wide, the average transaction price for a new car sold in the...

The 10 Least Expensive Cars to Insure in 2024
by Justin Fischer | Last updated Mar 22, 2024 | | 0 Comments
Looking for a new car that won't break the bank when it comes to insurance? You're in the right place! We’ve gathered the 10 least expensive cars to insure in 2024. From family-friendly SUVs to off-road Jeeps, we’ll explore models that offer great value not only in...

The 5 Best No-Haggle Car Deals This Month
by Justin Fischer | Last updated Mar 23, 2024 | | 2 Comments
Fed up with the haggling game in car buying? CarEdge offers a stress-free solution with the best no-haggle car deals this month. We're all about making car buying easy and transparent, giving you peace of mind and great prices without the dealership drama. Ready to...

7 New Cars with Falling Prices in 2024
by Justin Fischer | Last updated Mar 19, 2024 | | 4 Comments
Despite new car prices remaining at historically high levels, a sales slowdown has led to MSRP reductions for multiple models in the first three months of the year. An oversupply of electric vehicles has intensified competition, prompting major automakers like Ford,...
![Every Zero-Down Lease Deal This Month [May 2025]](https://caredge.com/wp-content/uploads/2024/03/2024-09-16_Cheapest-Leases-This-Month_Blog-Header-Image_1920x1080_v1-1080x675.jpg)
The Cheapest Lease Deals For October 2024: Leases Under $200/month
by Justin Fischer | Last updated Oct 1, 2024 | | 2 Comments
Looking to get into a new vehicle for the least amount of money possible? We’re here to help. Despite new car prices remaining near record highs, affordable lease options remain as automakers look to move inventory. Surprisingly, there are several new car leases under...

The Best-Selling Non-Tesla Has Been Discontinued
by Justin Fischer | Last updated Mar 1, 2024 | | 0 Comments
In a surprising twist within the electric vehicle market, the Chevrolet Bolt has emerged as the best-selling non-Tesla EV in early 2024. Nearly 4,000 Bolt EVs and EUVs were sold in the first 45 days of the year. However, there’s just one big problem: General Motors...

Here’s How Much Consumer Reports’ Top Cars for 2024 Actually Cost
by Justin Fischer | Last updated Feb 28, 2024 | | 0 Comments
Discovering a vehicle that ticks all the boxes for performance, comfort, and style can transform your daily commute into a journey you look forward to. This year, Consumer Reports has done the heavy lifting for us, meticulously testing and evaluating most of the 260...

Are Jeep, Chrysler, and Dodge Headed For the Graveyard? A Troubling Look at Sales Trends
by Justin Fischer | Last updated Feb 23, 2024 | | 6 Comments
In America, sales of the three core Stellantis brands have tumbled 39% in the past 5 years. Meanwhile, overall new car sales in America are 11% below 2018 levels. Following FCA’s transition to Stellantis in early 2021, the three brands have become a liability for the...

Spring 2024 Car Market Update: New and Used Car Forecast
by Justin Fischer | Last updated Feb 28, 2024 | | 1 Comment
Spring car buying season is already upon us, bringing with it a mix of challenges and opportunities for car shoppers. We spoke to CarEdge Co-Founder Ray Shefska to see what he's thinking about the auto market ahead. Whether you're looking to upgrade your ride, or...

Top 10 Best and Worst Cars to Buy Right Now
by Justin Fischer | Last updated Feb 22, 2024 | | 1 Comment
Finding the perfect vehicle can be a daunting task, especially with the multitude of options available. We’re here to simplify this process for you with a deep dive into the latest market offerings, from traditional trucks and SUVs to the latest EVs and plug-in...

Hyundai Prices Have Increased 46% In 5 Years
by Justin Fischer | Last updated May 16, 2024 | | 0 Comments
Hyundai prices have risen 46% since 2018, amounting to price tags that are $11,591 higher on average. Both Hyundai and sister brand Kia have raised prices more than most car brands in America (Jeep being an exception). Hyundai’s recent price hikes exceed historical...

Toyota Prices Have Increased 19% In 5 Years
by Justin Fischer | Last updated Feb 15, 2024 | | 0 Comments
Toyota prices have risen 19% since 2018. Today, Toyota MSRPs are $6,124 higher on average. It’s true that Toyota prices haven’t climbed as drastically as other car brands (notably Jeep), but the price hikes still exceed historical norms for car price inflation....

Jeep Prices Have Increased 61% In 5 Years
by Justin Fischer | Last updated Feb 14, 2024 | | 0 Comments
Jeep prices have risen 61% since 2018. Overall, new car prices in America climbed 28% over the same period. Could Jeep’s price inflation be to blame for the brand’s falling sales? Which Jeep prices have risen the most? Are all trim levels seeing equal price hikes?...

These 2024 New Cars and Trucks Just Aren’t Selling – That’s Good News For You
by Justin Fischer | Last updated Feb 9, 2024 | | 0 Comments
In February, smart car buyers can negotiate thousands of dollars off of brand-new 2024 models, but only if you know where to look. Several cars, trucks, and SUVs simply aren’t selling like OEMs and dealers expected. Normally, there’s between 45 and 65 days of supply...

These Are the Most Fuel Efficient Full-Size Trucks Today
by Justin Fischer | Last updated Feb 8, 2024 | | 0 Comments
In 2024, it’s possible to own a full-size 4x4 truck AND get good fuel economy without switching to diesel. From the Toyota Tundra to the Ford F-150, and even the Ram 1500, hybrid powertrains have made their way into America’s favorite trucks. And no, we’re not talking...

5 Cheap Electric Vehicles You Won’t Regret Buying in 2024
by Justin Fischer | Last updated Feb 12, 2024 | | 0 Comments
What makes EV ownership enjoyable? Fast charging, long range, and good reliability. In 2024, there's a wider selection than ever in the search for affordable electric vehicles that won't disappoint. Each offers a unique set of strengths, from the Tesla Model 3's...

Toyota Faces Multiple Scandals Amid Record Sales
by Justin Fischer | Last updated Feb 7, 2024 | | 2 Comments
Despite achieving a record-breaking sales year in 2023, with over 11 million vehicles sold worldwide, Toyota is currently navigating through a turbulent period marked by a series of scandals and controversies across its 17 companies. The Japanese automotive giant,...

See the Only Super Bowl Car Commercials This Year
by Justin Fischer | Last updated Feb 12, 2024 | | 0 Comments
For the first time in over two decades, Super Bowl 58 will come and go without advertisements from America's largest automakers. Ford, General Motors, and Stellantis, the parent company of Chrysler, are all sitting out the 2024 Super Bowl ad frenzy. Traditionally, the...

The 5 Best Presidents’ Day Car Deals in 2024
by Justin Fischer | Last updated Feb 14, 2024 | | 0 Comments
As Presidents' Day approaches, many wonder if it's a wise time to purchase a new vehicle. Traditionally, year-end sales boast the most attractive discounts, but 2024 is close to bucking that trend. Thanks to a continuing oversupply of new cars, the enticing offers of...

The Most Reliable Tesla Models According to Consumer Reports
by Justin Fischer | Last updated Feb 1, 2024 | | 0 Comments
Tesla's journey through the years has been a tapestry of innovation, disruption, and at times, controversy. Despite a mixed record of reliability, Tesla has undeniably cemented its position as a frontrunner in American EV sales, boasting 50% market share in 2024. With...

Spring Car Buying Season Is Coming – 3 Things to Know Before You Go
by Justin Fischer | Last updated Jan 30, 2024 | | 1 Comment
As spring car buying season approaches, the new and used car markets are ripe for deal seekers. However, knowledge is certainly power in 2024. Attractive low APR offers have continued well beyond year-end sales, making new cars a potentially better deal than used...

Looking For a No-Haggle Car Dealership? Here’s a Better Option.
by Justin Fischer | Last updated Jan 30, 2024 | | 0 Comments
Drivers despise haggling with salespeople. From bait-and-switch pricing to misleading online prices, there’s a lot to dislike about the whole experience. It’s no surprise that just 26% of car buyers think that the car buying process is transparent. In the age of...

Is It Better to Buy Or Lease a Car in 2024?
by Justin Fischer | Last updated Jan 31, 2024 | | 0 Comments
The decision between buying and leasing a car is a tricky one. In 2024, this choice is even more pertinent due to shifting market dynamics and attractive manufacturer incentives. Drawing insights from CarEdge Co-Founder Ray Shefska, we delve into the nuances of...

Nissan Can’t Sell Cars Right Now. That’s Good News For Deal Seekers.
by Justin Fischer | Last updated Jan 29, 2024 | | 1 Comment
In the realm of car buying, understanding market days supply can be a game-changer for finding great deals. Market days supply refers to the number of days it would take to sell all current inventory at the current sales pace without additional supply. A higher market...

3 Things to Know Before Buying a Car in 2024
by Justin Fischer | Last updated Jan 25, 2024 | | 0 Comments
When it comes to buying a car in 2024, there are three things to know to spend less, and avoid overpaying. To navigate this evolving market, we sought the expert advice of CarEdge Co-Founder Ray Shefska, who shared his top insights for those looking to purchase a new...

How Reliable Are the Cheapest New Cars in 2024?
by Justin Fischer | Last updated Jan 29, 2024 | | 0 Comments
The average price paid for a new car has jumped by 30% in just five years, but that doesn’t mean you can’t get a great deal on an affordable new ride. In early 2024, the average selling price of a new car remains near all-time highs at $48,759. Believe it or not,...

Trade-In Values Are Falling in 2024 – Here’s What to Expect In the Months Ahead
by Justin Fischer | Last updated Jan 17, 2024 | | 0 Comments
If you’re thinking about buying or selling a vehicle in 2024, you’ve most likely encountered an unfortunate truth in today’s market: trade-in values have taken a dive. But what's driving this decline, and how does it affect your next vehicle purchase? Will trade-in...

These Are the Most Negotiable Car Brands in Your Region
by Justin Fischer | Last updated Jan 18, 2024 | | 0 Comments
When searching for the best new car deals, a powerful tool is the latest local inventory data. Equipped with behind-the-scenes market insights, you’re setting out with negotiation leverage on your side. The best way to compare apples to apples in new car inventory is...

What’s a Better Value in 2024, A New or Used Car?
by Justin Fischer | Last updated Jan 16, 2024 | | 0 Comments
It’s a new year, but car buyers are still facing some of the same challenges. In 2024, the dilemma of choosing between a new or used car is influenced by several factors, including depreciation rates, interest rates, price trends, and the lingering effects of the...

Car Insurance Rates Soared 24% in 2023 – Here’s the forecast for 2024
by Justin Fischer | Last updated Jan 12, 2024 | | 0 Comments
As we step into 2024, American drivers are noticing a larger auto insurance bill with their policy renewals. Based on an analysis of 97 million auto insurance quotes from Insurify, a clear picture emerges of the key trends in car insurance prices for this year. We’ll...

These 2023 Models Have the Most Remaining Inventory, and Highest Negotiability
by Justin Fischer | Last updated Feb 1, 2024 | | 0 Comments
It’s 2024, but that doesn’t mean that 2023 car models are a thing of the past. In fact, 796,000 new model year 2023 cars, trucks, and SUVs remain on dealership lots in February. While some car buyers may hesitate to take home a 2023 model in the new year, others see...

The Most Reliable EVs According to Consumer Reports: 2025 Rankings
by Justin Fischer | Last updated Jan 13, 2025 | | 5 Comments
Choosing the right electric vehicle is about more than just reducing your carbon footprint. Reliability is a crucial factor, particularly as the cost of repairing an electric vehicle outside of warranty becomes a frequent headline. Here, we present the top 10 most...

Mazda and Subaru Year-End Sales Feature 0% APR, Below-Invoice Pricing
by Justin Fischer | Last updated Dec 29, 2023 | | 0 Comments
As 2023 comes to a close, the new car market is brimming with opportunities for big savings. With an increase in inventory and the arrival of 2024 models, Mazda and Subaru dealers, along with their manufacturers, are feeling an increased urgency to sell off their...

You Can Get an Amazing Deal on an Extended Warranty This Week
by Justin Fischer | Last updated Mar 19, 2024 | | 0 Comments
CarEdge is offering $200 off of mechanical and electronics warranties through the end of March. Better yet, CarEdge’s extended warranties are the exact same coverage that you get at dealerships, but for hundreds of dollars less. Here’s everything you need to know...

Year-End Deals: The Best SUV Leases Right Now
by Justin Fischer | Last updated Dec 22, 2023 | | 0 Comments
Leasing is the most affordable way to get into a new car for many drivers, and 2023’s year-end sales present a rare opportunity to secure a phenomenal deal. In December, $0 down lease offers are finally here for popular SUV models. These are the best SUV and crossover...

10 Examples of How Far Used EV Prices Have Fallen
by Justin Fischer | Last updated Dec 28, 2023 | | 0 Comments
Why did most buyers stay away from used electric vehicles in years past? Most were fixated on the federal EV tax credit, which only applied to new EVs. Others were unsure about EV repair costs outside of warranty. But the calculus changes when used EV prices plummet...

The Best Full-Size Truck Deals in September: Finance, Lease, and Cash Offers
by Justin Fischer | Last updated Sep 6, 2024 | | 0 Comments
As we wrap up summer and head into fall, the truck market is full of deals. With 2025 models arriving daily and dealers eager to sell remaining 2024 inventory, it's a great time for negotiating, or letting us do it for you. Here's our guide to the top truck deals of...

End-of-Year Car Deals: 5 Top Picks Featuring Big Savings in 2023
by Justin Fischer | Last updated Dec 20, 2023 | | 2 Comments
As 2023 winds down, the new car market is ripe with opportunities for big savings. As inventory climbs and 2024 models arrive, dealers and OEMs have an added sense of urgency to sell cars. We’ve gathered the best year-end deals in 2023, spotlighting the top picks for...

Toyota Year-End Deals Feature Low APR Financing
by Justin Fischer | Last updated Dec 28, 2023 | | 2 Comments
December brings enticing year-end deals, especially for Toyota fans. While interest rates have risen, Toyota offers exceptionally low rates through manufacturer incentives, alongside impressive lease deals. These are the top Toyota offers this month. Toyota Financing...

Rising Inventory Ushers In Year-End EV Sales, and Room For Negotiation
by Justin Fischer | Last updated Dec 15, 2023 | | 0 Comments
As electric vehicles increasingly populate the roads, understanding the ins and outs of the EV market can equip car buyers with leverage to negotiate big savings. Currently accounting for 7.9% of new car sales in America, the EV market is undeniably expanding....

The Federal Trade Commission’s CARS Rule Will Enforce Transparent Car Pricing
by Justin Fischer | Last updated Dec 15, 2023 | | 0 Comments
The FTC's Combating Auto Retail Scams Rule (CARS Rule) is a significant stride in bringing transparency and honesty to the car buying and leasing process. This initiative was significantly bolstered by CarEdge, a key player in rallying public support for the rule. In...

3 Reasons Why Now Is the Perfect Time to Buy a New Car
by Justin Fischer | Last updated Dec 12, 2023 | | 0 Comments
Let’s clear the air right off the bat. December is the best time to buy a car if you’re in the market for one. At CarEdge, we’re all about doing what’s smart for your wallet. Even with the best offers in years, and prices slowly falling, it continues to make the most...

Honda Inventory Is the Highest It’s Been In Years – These Are the Most Negotiable Models
by Justin Fischer | Last updated Dec 11, 2023 | | 0 Comments
Honda’s new car inventory has risen 38% in just two months. Just in time for the best year-end car sales in ages, an oversupply of both new and used Honda models presents a rare opportunity to negotiate a great deal. We’ll take a look at which new and used Honda cars...

These 5 Factors Will Shape the Car Market in 2024
by Justin Fischer | Last updated Jan 2, 2024 | | 0 Comments
As we head into 2024, the automotive industry in the U.S. is at a pivotal crossroads. High interest rates, rising inventory, and online sales are just a few of the factors bringing change to car buying. To gain deeper insight into these evolving dynamics, we spoke...

The Best States For Year-End Car Deals in 2023
by Justin Fischer | Last updated Dec 6, 2023 | | 1 Comment
What do the top states for year-end car deals in 2023 have in common? It’s simple: the best states for December bargains have affordable, popular models with high inventory this month. We can’t say it enough: where there’s high new car inventory, opportunities for...

The Used Car Market Is Collapsing: December Presents a Rare Opportunity For Buyers
by Justin Fischer | Last updated Dec 22, 2023 | | 4 Comments
If you've been holding off on a used car purchase due to record high used car prices, December brings good news for buyers. So far, market declines have been largely confined to wholesale auctions. Will wholesale price drops finally translate to lower sticker prices?...

The Safest New Cars, Trucks and SUVs For 2024
by Justin Fischer | Last updated Nov 29, 2023 | | 0 Comments
Safety should always be a top priority when car shopping. Fortunately, the Insurance Institute for Highway Safety (IIHS) takes the guesswork out of vehicle safety ratings with their extensive crash testing. As IIHS standards evolve, more models are achieving the...

The Best Time to Buy a Car Is Here
by Justin Fischer | Last updated Nov 30, 2023 | | 0 Comments
Is there truly a perfect moment to buy a car? As it turns out, there most certainly is. In fact, the difference is so profound that new car incentives are 40% higher during the best time of the year to buy. Our team of Car Coaches, equipped with decades of combined...

The 5 Best Ford Year-End Deals
by Justin Fischer | Last updated Nov 27, 2023 | | 0 Comments
Year-end deals are finally upon us, but some offers are better than others. To bring clarity, our team has hand-picked the 5 best Ford yer-end deals in 2023. Click on any of the links to browse live inventory at pre-negotiated pricing. Delivery is available...

Chevrolet and GMC Year-End Deals Feature Low APRs and Big Cash Offers
by Justin Fischer | Last updated Nov 27, 2023 | | 0 Comments
As the year draws to a close, automakers are rolling out enticing deals to lure in buyers, and Chevrolet and GMC are no exception. With low APR financing options and huge cash offers, Chevy and GMC's year-end deals are worth exploring. We'll take a closer look at the...
Leasing vs Buying a Car: How to Avoid Costly Mistakes
by Justin Fischer | Last updated Jan 19, 2024 | | 2 Comments
If you've ever wondered whether it's better to lease or buy a car, you're not alone. There's no one-size-fits-all answer, but with careful considerations, the right choice for you is within reach. One thing is for sure - leasing provides a low-cost path to buying a...

These 5 Mazdas Qualify For the Lowest Financing Offers Right Now
by Justin Fischer | Last updated Dec 15, 2023 | | 0 Comments
As the year comes to a close, many automakers are offering deals to entice potential buyers, and Mazda is no exception. From no payments for 90 days for all new Mazda vehicles, to 0.9% APR for popular models, Mazda has some of the best year-end deals. In this...

Should You Buy a Car Now or Wait? Market Outlook for 2025
by Justin Fischer | Last updated Apr 14, 2025 | | 2 Comments
So far, 2025 is shaping up to be another year full of twists for car shoppers. After a buyer-friendly 2024 marked by falling prices and rising incentives, this year brings fresh uncertainty — from tariffs and interest rates to new model arrivals and shifting consumer...

When Will Used Car Prices Drop? Year-End Sales Could Be Key
by Justin Fischer | Last updated Nov 14, 2023 | | 2 Comments
As the 2023 holiday season approaches, the automotive market is showing signs of change, particularly in the used car sector. After a period of record-high prices in 2022, there's a light at the end of the tunnel for those seeking more affordable options. While used...

Year-End Car Deals Will Be Huge in 2023. Here’s Why.
by Justin Fischer | Last updated Dec 18, 2023 | | 0 Comments
2023 is shaping up to be an exceptional year for year-end car deals. A perfect storm of high inventory, soaring interest rates, and holiday sales is coming together to bring big discounts. Here's why savvy car shoppers should take 2023's year-end car deals seriously....

The Best New Car Offers in September: Low APRs and Great Lease Deals
by Justin Fischer | Last updated Sep 5, 2024 | | 3 Comments
Take one look at this month's incentives, and one thing becomes clear: zero percent financing is on the rise. Whether you're buying or leasing, here’s a look at the best new car offers for September 2024. It's worth pointing out that automakers update their incentives...

The Most Reliable Jeep Models, and the Ones to Avoid
by Justin Fischer | Last updated Apr 18, 2025 | | 0 Comments
Jeep has some of the worst reliability ratings of any automaker today, but some models are considerably better than others. We had originally planned to identify the five most reliable Jeep models, but we ran into a problem. None of the nine Jeep models earns higher...

The Best Cars and SUVs For Snow (Winter 2025 Edition)
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
For those who are not interested in a massive, all-wheel drive truck, finding a car or crossover SUV that’s safe in the snow can be a challenge. We’re here to simplify your Car Search with this list of the best vehicles for winter driving, from snow to slush and...

The Most Reliable SUVs and Crossovers According to Consumer Reports
by Justin Fischer | Last updated Mar 17, 2025 | | 1 Comment
Dependability matters, especially as auto repair costs soar. Have you ever experienced the delight of owning an SUV that goes above and beyond in terms of reliability? If not, we're out to change that. In this guide, we'll introduce you to the most reliable SUVs for...

The Fastest and Slowest Selling EVs Right Now
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
Some EVs are hot, and some are not. To provide you with real-time insights, we've gathered EV inventory data from CarEdge Data and Car Search to reveal which electric models are flying off the shelves, and which ones are taking their time. We haven’t included...

The Best Luxury Car and SUV Lease Deals in October
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
As we head into autumn, compelling luxury lease offers abound if you know where to look. We've sifted through the latest manufacturer offers to bring you the best 2024 and 2025 luxury lease deals available today. From Acura to Tesla, here's your guide to some of the...

Point-of-Sale EV Credit Available in 2025, But Only If Dealers Register
by Justin Fischer | Last updated Feb 20, 2025 | | 4 Comments
For those considering taking the plunge into the world of electric vehicles in 2025, there’s exciting news. The U.S. government has now clarified how car dealers can transfer tax credits for new and used EVs directly at the point of sale, ensuring you can benefit...

Questions to Ask When Buying a Used Car
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
Purchasing a used car can be a smart financial decision, but it also comes with its own set of uncertainties and risks. Unlike new cars that come straight from the factory, a used vehicle has a history. To ensure you're making an informed decision and getting the best...

Chevrolet Inventory Update: Here’s Your Best Chance At a Deal
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
The Chevrolet inventory landscape is undergoing a shift. Currently, there’s a varied supply of new Chevrolet vehicles across the U.S., but some models, like the Silverado 1500, Blazer, and Equinox, offer opportunities for negotiation and deals. But where does...

New Car Price Trends in 2025: Average Selling Prices Hold Near Record Highs
by Justin Fischer | Last updated Feb 28, 2025 | | 0 Comments
In 2025, the new car prices remain within a few percent of 2022's all-time record highs. This stability comes after a year of slow but steady price drops, followed by a jump in prices in late 2024. As new car price trends prove tough to forecast, keeping an eye on the...

Predictions For 2024: High Prices Drive More Buyers Towards Used Cars
by Justin Fischer | Last updated Jan 23, 2025 | | 2 Comments
What do you think 2024 will bring? Hopefully next year will be less exciting than the past few. Already in this decade, we’ve seen a pandemic cause a freefall in car sales, followed by a severe supply shortage that sent prices through the roof, only for car prices to...

Hyundai Has Some of the Best Lease Deals Right Now
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
Why is leasing a car such an attractive option right now? The average auto loan rate has eclipsed 9%, adding serious money to monthly payments for those who decide to buy. Leasing not only holds monthly costs down, it offers an avenue for drivers to always have the...

The Pros And Cons Of EVs – They’re Not For Everyone!
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
It’s smart to consider all aspects of electric vehicle ownership, from the dreadful to the remarkable. When doing your research, there are common themes that quickly become obvious. Everyone knows that EVs are still expensive, and have the benefit of zero tailpipe...

Is Mazda the New Honda? Reliability and Popularity Soar
by Justin Fischer | Last updated Jan 23, 2025 | | 1 Comment
In the worst of the pandemic downturn, all but three car brands saw decreases in sales. One of the brands to grow against all odds was Mazda. Why are more drivers choosing Mazda, and will the brand that relies on conquests to grow be able to keep up the pace? How do...

The Best New Car Incentives in October: Low APRs and Lease Offers Return
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
October is turning into a great month for new car incentives, especially for fans of particular brands. Despite rising interest rates and the chronic affordability crisis, offers of low APRs and affordable leases are here for a limited time. Here’s a look at the best...

Ford Bronco Recall Investigation Expands to Include 5 Other Ford and Lincoln Models
by Justin Fischer | Last updated Jan 23, 2025 | | 0 Comments
The National Highway Traffic Safety Administration (NHTSA) has intensified and broadened its inquiry into alleged "catastrophic engine failures" in Ford Broncos. The expanded investigation now encompasses over 700,000 vehicles across the Ford and Lincoln brands....

Wait For Year-End Discounts on These 5 Ford Models
by Justin Fischer | Last updated Sep 29, 2023 | | 0 Comments
Through the ups and downs of the auto market, one thing remains constant and crucial for car buyers to know: the best time to buy is the end of the year. As 2023’s year end car sales and special offers are just around the corner, patience will reward Ford buyers with...

Kia Inventory and Deals: Here’s Your Best Chance At Negotiating
by Justin Fischer | Last updated Sep 28, 2023 | | 0 Comments
Right now, there’s just a 38-day supply of new Kia vehicles in the U.S. What this means is, at the current sales pace, all 68,541 new Kia cars and SUVs would be sold in just over a month without new inventory. But how does this compare to other car brands? And more...

Are Kia’s New Cars and SUVs Reliable? Here’s How Kia Compares to the Competition
by Justin Fischer | Last updated Feb 1, 2024 | | 0 Comments
Once a brand synonymous with budget-friendly options, Kia has been striving to shed its old image and emerge as a reputable name in the automobile industry. But how do Kia's latest cars and SUVs fare in terms of dependability? How reliable are Kia cars and SUVs today?...

Rising Toyota Inventory Ushers in Attractive APRs and Lease Deals
by Justin Fischer | Last updated Sep 23, 2023 | | 0 Comments
Nationwide, Toyota has 39 days of inventory. It's true that Toyota models are some of the fastest selling cars on the market today, but this is actually an improvement. One month ago, Toyota was stuck with just a 30-day supply of new cars. More inventory means more...

Ford Is Under Investigation By the NHTSA For Mishandling Recalls
by Justin Fischer | Last updated Sep 22, 2023 | | 0 Comments
In recent years, automotive recalls have become almost commonplace. Yet, when an automotive giant like Ford faces not one, but two investigations by the National Highway Traffic Safety Administration (NHTSA) into the adequacy of their recall remedies, it warrants...

Auto Loan Rates Hit 10%, Used Cars Even Higher
by Justin Fischer | Last updated Jan 13, 2024 | | 0 Comments
The average auto loan rate has reached highs not seen in 40 years. New and used car loans are becoming more expensive, and that's not likely to change anytime soon. We’ll delve into the latest data from Cox Automotive to better understand the true cost of buying a car...

A Step-by-Step Guide to Your Auto Lease Contract
by Justin Fischer | Last updated Oct 21, 2023 | | 0 Comments
The last time a car commercial grabbed your attention with an attractive lease deal, you were probably bombarded with a flurry of rates, payments, and terms squeezed into a mere thirty seconds. So, what exactly is a car lease? An auto lease is a long-term rental...

Will the UAW Strike Cause Car Prices to Rise? What We Know
by Justin Fischer | Last updated Sep 15, 2023 | | 0 Comments
In an unprecedented move, 13,000 workers from Detroit's "Big Three" – Ford, General Motors, and Chrysler (now part of Stellantis) – have initiated a coordinated strike, the likes of which haven't been seen in UAW's 88-year legacy. Led by UAW President Shawn Fain, this...

The Best New Car Incentives in September: The Return of 0% Financing
by Justin Fischer | Last updated Sep 14, 2023 | | 1 Comment
As the seasons transition, so does the car market! September has welcomed surprisingly great new car incentives from some brands, and pathetic offers from others. Auto manufacturers are eager to push 2023 models into the limelight before the new year arrives. If...

Honda’s Inventory Shortage: Here’s How to Strike a Great Deal
by Justin Fischer | Last updated Dec 11, 2023 | | 0 Comments
Honda inventory is rising, and is now the highest it's been since before the pandemic. As a result, Honda models are more negotiable today than at any point in recent years. Across the brand, there's a 47-day supply of new Honda cars and SUVs. The current state of...
![The 5 Best Year-End EV Deals [2024]](https://caredge.com/wp-content/uploads/2024/11/2024-12-02_The-Best-Year-End-EV-Deals_Blog-Header-Image_1920x1080_v1-1-1080x675.jpg)
The 5 Best Electric Vehicle Lease Deals in April 2025
by Justin Fischer | Last updated Apr 3, 2025 | | 1 Comment
More drivers are warming up to the idea of electric vehicles, yet, for many, the high purchase price of EVs is too much. On top of that, EVs depreciate faster than other types of cars, leaving many buyers without equity for years to come. The best electric vehicle...

Never Answer These Questions When Buying a Car
by Justin Fischer | Last updated Nov 9, 2023 | | 5 Comments
Stepping into a car dealership can feel like entering a high-stakes poker game, but with the right guidance, you can confidently call their bluff. CarEdge’s Ray Shefska lifts the veil on dealership tactics with secrets from his impressive 40+ year tenure in the...

Car Market Update for Fall 2023: New and Used Car Forecast
by Justin Fischer | Last updated Sep 6, 2023 | | 1 Comment
Most car buyers don’t typically think of autumn as a great time to buy a car, but it’s the perfect time if you know where to look. Whether you’re planning to buy, hoping to sell, or are just curious about where the industry is headed, you've come to the right place....

New Car Inventory Across America Shows Room For Negotiation
by Justin Fischer | Last updated Aug 26, 2023 | | 0 Comments
In this market analysis driven by CarEdge Data, we'll take you on a tour through the market day supply of new cars across all 50 states and break down the inventory for the five major automakers. Armed with data, you'll be in the best position to negotiate a great...

Ford Inventory Woes: Does Soaring Inventory Mean Ford’s Prices Are Just Too High?
by Justin Fischer | Last updated Oct 2, 2023 | | 0 Comments
Ford's inventory is overflowing in 2023. Indeed, the brand known for its robust line-up seems to be outpacing the current car market's appetite. Paradoxically, price tags on these vehicles have climbed a staggering 27% since 2019. It appears Ford is navigating...

The Best Labor Day Car Sales (2023 Deals)
by Justin Fischer | Last updated Aug 18, 2023 | | 0 Comments
Labor Day is not just about barbecues and the beach; it's also one of the best times to get a great deal on a new car. If you're considering buying a car, these Labor Day deals are the ones worth your time. Our team of Car Coaches pored over every offer and selected...

Subaru Inventory Update: CarEdge Data Reveals the Best Deals This Month
by Justin Fischer | Last updated Oct 24, 2023 | | 0 Comments
Subaru inventory is flourishing more than most would anticipate. While variability exists from one dealership to another and from one market to the next, armed with the latest car market data, you're well-positioned to negotiate favorable deals on Subarus today....
![The Best Way to Buy a Car in 2025 [5-Steps to Success!]](https://caredge.com/wp-content/uploads/2023/07/Cheat-sheet-OG-1080x630.png)
The Best Way to Buy a Car in 2025 [5-Steps to Success!]
by Justin Fischer | Last updated Jan 23, 2025 | | 1 Comment
Purchasing a car, whether it's your first or your fifth, can be a daunting task. Our team of car buying pros has created this guide to how to buy a car for one simple reason: buying a car shouldn’t be a miserable experience. We've laid out a thorough step-by-step...

The Best New Car Incentives in August: Big Discounts Join Surprisingly Low APRs This Month
by Justin Fischer | Last updated Sep 12, 2023 | | 0 Comments
What goes up, must come down, even in the stubborn auto market. We’ve been tracking new car inventory for months as dealer lots have steadily filled up, at least for some brands. The inevitable is finally happening: new car incentives are returning, and they’re back...

The Most Popular Electric Cars, Trucks and SUVS in America
by Justin Fischer | Last updated Aug 4, 2023 | | 2 Comments
The numbers are in, and let's just address this from the get-go: Tesla continues to dominate electric vehicle sales in America. We've got the latest data, and there's a lot to digest. Check back for updates when Q3 2023 numbers are available. EV Sales in America (2023...

Toyota Inventory Is Rising. Here’s Your Best Chance at Negotiating
by Justin Fischer | Last updated Dec 8, 2023 | | 0 Comments
Right now, there's a 41-day supply of new Toyota vehicles in the U.S. What this means is, at the current sales pace, all 261,604 new Toyotas would find their new homes in just over a month without new inventory. But how does this scenario compare to other auto...

Car Payments Hit Record Highs in 2023: The Latest Numbers, and How to Save
by Justin Fischer | Last updated Oct 24, 2023 | | 1 Comment
The average car payment has been on an upward trajectory for some time, and 2023 is no exception. Today, we’re dissecting what the average car payment looks like and why it's been rising. We’ll explore how average monthly car payments crossed the $1,000 threshold, and...

The Disappearing Act of Affordable Trucks: Vanishing Base Models Drive Truck Prices Higher
by Justin Fischer | Last updated Jul 26, 2023 | | 0 Comments
Ever wondered why the allure of an affordable new truck seems more like a mirage these days? Despite the lot inventories of best-sellers skyrocketing far beyond the norms of a healthy market, securing an affordably priced new truck has become tougher than ever. ...

Affordable Cars Make a Comeback: Are Automakers Buckling Under Pressure?
by Justin Fischer | Last updated May 10, 2024 | | 0 Comments
As 2023 model year lineups were announced last year, a sizable portion of the automotive industry faced widespread criticism for eliminating their most affordable vehicles from the lineup. At a time when new car prices were running away from the middle class, the most...

Car Price Inflation Is Real – These Brands Are the Worst [2025 Update]
by Justin Fischer | Last updated Feb 26, 2025 | | 0 Comments
The automotive industry has always been subject to economic trends and shifting consumer preferences. However, the last five years have been a whirlwind of unprecedented change. Across the new car market, average transaction prices have increased by 34% from Q4 2019...
Are EVs Losing Their Charge? New Numbers Show a Slowing EV Market, But Better Negotiability
by Justin Fischer | Last updated Jul 28, 2023 | | 1 Comment
We're constantly told that electric vehicles are the future. But a closer look at recent sales data suggests that, for some models at least, the future isn't quite here yet. Let's switch gears and delve into fresh data to understand what all the fuss is about. The...

Wait 30 Days & Save Thousands on a Used Car
by Justin Fischer | Last updated Aug 2, 2023 | | 0 Comments
Ever heard the phrase 'patience is a virtue'? In the world of used car buying, it's more than just a virtue – it's a strategy. With recent fluctuations in used car prices, knowing when to dive into the market can be the difference between an okay deal and a fantastic...

The Jeep Dilemma: Inventory Surplus, Soaring Prices, and What it Means for Buyers
by Justin Fischer | Last updated Feb 1, 2024 | | 5 Comments
Jeep sales are slipping in 2024. Yes, the brand known for all-terrain traction is having a really hard time keeping up in today’s new car market. Inventory is piling up, 2023 models remain unsold, and yet, prices are soaring higher than ever. It seems that Jeep has...

Save 10% Or More With These Fourth of July Car Sales
by Justin Fischer | Last updated Jun 30, 2023 | | 1 Comment
Looking to save with Fourth of July car sales? Our team at CarEdge has curated a list of standout offers that could save you 10% or more on your next vehicle. These deals are currently unfolding in a changing car market, with some brands eager to sell, and others not...

Used Car Market Tips for 2023
by Justin Fischer | Last updated Jun 30, 2023 | | 0 Comments
Used car price trends in 2023 have been difficult to keep track of. One week prices are going up, the next week prices are falling down. Don't worry, CarEdge has got your back. Whether you are in the market to buy a used car, or are thinking about selling a car you...

Direct-To-Consumer Car Sales Partially Banned in New Florida Law
by Justin Fischer | Last updated Jun 26, 2023 | | 0 Comments
Florida Governor Ron DeSantis has approved a bill partially banning direct-to-consumer car sales in the state, a move set to make the most pro-dealer state even more of a car dealer’s paradise. The legislation, heavily influenced by the Florida Automobile Dealers...

What the Current Inventory of Consumer Reports’ Most Reliable Cars Tells Us
by Justin Fischer | Last updated Jun 27, 2023 | | 2 Comments
The current landscape of the car market is an intricate maze of fluctuating inventory levels and shifting price tags. Your guiding light through this labyrinth? Knowledge, of course. The knowledge that shines the brightest is the understanding of Market Day Supply...

The Fastest and Slowest Selling Cars in 2025
by Justin Fischer | Last updated May 6, 2025 | | 25 Comments
Navigating the current car market can be a daunting task, with its varying inventory levels and volatile prices. In this context, knowledge truly is power. A critical piece of this knowledge is understanding the Market Day Supply (MDS). MDS is a measure of the number...

The Used Car Shortage Is Worse Than We Thought
by Justin Fischer | Last updated May 23, 2023 | | 0 Comments
Here’s a powerful and sobering statistic: In 2023, 30% of used cars have a price tag of under $20,000. Five years ago, 60% of used cars were below that price point. Where have all of the affordable used cars gone, and will they ever return to the market? We’ll take a...

Used Car Dealership Profit Margins: A Consumer’s Guide
by Zach Shefska | Last updated May 20, 2023 | | 0 Comments
Understanding used car dealership profit margins can make buying a car at a fair price easier than you'd think. Thanks to fresh industry data we have insight into the profitability of eight publicly traded dealership groups. And while most used car dealers experienced...

Smart Car Buyers Are Proving You Can Negotiate More Than Expected At the Dealership
by Justin Fischer | Last updated Dec 11, 2023 | | 0 Comments
The art of negotiation is pivotal when it comes to car buying. It's a game where information is your strongest weapon, and CarEdge is your best ally. Today, we bring you five triumphant tales from the CarEdge Community, each of them a testament to the power of...

Is It Better to Buy New or Used in 2023? Here’s What the Data Says
by Justin Fischer | Last updated Nov 9, 2023 | | 2 Comments
In 2023, the automotive market continues to navigate the unpredictable seas of supply and demand. A lingering used car shortage from previous years is causing 2-3-year-old in-demand models to skyrocket in price, while new car inventories are bloating due to...

How to Finance a Car Like a Pro: The Ultimate Auto Financing Cheat Sheet
by Kimberly Kline | Last updated Sep 17, 2024 | | 2 Comments
Purchasing a new or used car can be an exciting experience. It can also be miserable. When you set out to secure a great deal on your next car, it’s essential to be well-informed about the auto financing process to avoid costly mistakes. To help you navigate the often...

Never Pay These Fake Dealership Fees
by Justin Fischer | Last updated Nov 27, 2024 | | 0 Comments
Dealership fees add up to hundreds and even thousands of dollars. However, that doesn’t mean you are required to pay them. Unsurprisingly, customer satisfaction with the vehicle purchase experience is declining. Forced add-ons and dealer markups are ruining car...

3 Reasons Why You Should NOT Buy From Carvana
by Justin Fischer | Last updated Feb 27, 2025 | | 2 Comments
Carvana, the nation's 10th largest car dealer, has become increasingly popular as an online car dealership. However, despite its growing reputation, there are three key reasons why you should avoid buying your next vehicle from Carvana. Plus, we’ll take a look at the...

EchoPark Wants to Buy Your Car, And Will Pay a Premium
by Justin Fischer | Last updated May 5, 2023 | | 0 Comments
If you’re thinking about selling your car, you need to get a quote from EchoPark Automotive. Why would we insist that thousands of CarEdge Community members consider giving one online car buyer special consideration? Frankly, EchoPark is overpaying for used cars, and...

Insider Negotiation Tips for the 10 Best-Selling Cars & Trucks
by Justin Fischer | Last updated May 3, 2023 | | 0 Comments
When it comes to buying a new car, getting the best deal is crucial. That’s why our CarEdge Car Coaches have put together a list of the discount you should expect on the 10 best-selling new cars and trucks. Consider this guide step one of the journey towards finding a...

Ford’s Impressive Q1 2023 Earnings and Future Outlook
by Justin Fischer | Last updated May 3, 2023 | | 0 Comments
Ford Motor Co. announced strong Q1 2023 results, posting a net income of $1.8 billion, a significant turnaround from a $3.1 billion loss the previous year. The company's first-quarter revenue grew by 20%, reaching $41.5 billion, fueled by a 9% increase in vehicle...

The Rising Trend of Canceling Factory Orders: What It Means for Car Buyers
by Justin Fischer | Last updated May 1, 2023 | | 1 Comment
If you're in the market for a new car and considering a factory order, you may want to think twice before committing. A recent survey of nearly 3,000 car buyers shows that more buyers are canceling their factory orders, with over one-third of orders being canceled in...

Worst Brands for Resale Value After 5 Years
by Justin Fischer | Last updated Apr 27, 2023 | | 0 Comments
If you're planning to buy a new car, it's important to consider the depreciation rate of the vehicle you're interested in. Depreciation is the loss of value that occurs over time, and some cars lose their value faster than others. At CarEdge, we've analyzed millions...

Negotiate Truck Prices Today; Here’s How to Navigate SUV Shortages
by Justin Fischer | Last updated May 4, 2023 | | 0 Comments
Heading into this summer car buying season, patience will reward shoppers with savings. However, a closer look at market data reveals a shocking reality: deals are very hit-or-miss in 2023. Frankly, your likelihood of buying a new car under MSRP depends on what...

The Cars With the Best Resale Value May Surprise You
by Justin Fischer | Last updated Oct 2, 2023 | | 0 Comments
Are you in the market for a new car? If so, it's important to consider the depreciation rate of the vehicle you're interested in. Depreciation in vehicles is inevitable, but some cars hold their value better than others. At CarEdge, we've analyzed millions of car...

The Best and Worst States to Buy a Car in 2025: Navigating Taxes, Fees, and Inventory
by Justin Fischer | Last updated Jan 3, 2025 | | 6 Comments
When it comes to purchasing a new or used car, the state you're in can make a significant difference in terms of taxes, fees, and available inventory. We'll take a look at the best and worst states to buy a car in 2025, focusing on factors like sales tax, insurance...

Car Buying in 2023: Is It the Right Time to Buy, and Can We Expect Lower Prices? Here’s What the Experts Think
by Justin Fischer | Last updated Aug 2, 2023 | | 1 Comment
Dealer lot inventory is on the rise, but where are the deals at?! As we move further into 2023, many potential car buyers are wondering, "is now a good time to buy a car?" and "will car prices go down in 2023?" The good news is that recent market trends indicate that...

Latest New and Used Car Auto Loan Rates By Credit Score
by Justin Fischer | Last updated May 3, 2023 | | 0 Comments
Are you in the market for a new or used car? If so, you're probably wondering about the latest auto loan rates and how to qualify for the lowest APR. Whether you're a first-time buyer or an experienced shopper, understanding auto loan rates is essential to making a...

New EPA Rules: Ready Or Not, More Electric Vehicles Are On the Way; 10x Growth Forecasted
by Justin Fischer | Last updated Apr 18, 2023 | | 0 Comments
The Environmental Protection Agency (EPA) unveiled its most stringent tailpipe pollution limits to date, a move that could significantly boost electric vehicle (EV) sales in the United States. These new emissions standards will apply to vehicles for the 2027-32 model...

Tesla’s April Price Cut Is Shocking – Model S, Model 3, Model X and Model Y Are Thousands Cheaper
by Justin Fischer | Last updated Apr 7, 2023 | | 0 Comments
In the ever-evolving landscape of the electric car market, Tesla has been known for frequently adjusting its prices. As we enter 2023, Tesla has already made its sixth price change, and this time it's a price cut. This is quite the contrast from the past two years,...

Electric Car Comparison: Top EV Models of 2023 Compared for Performance, Range, and Value
by Justin Fischer | Last updated Apr 7, 2023 | | 0 Comments
Welcome to the ultimate electric car comparison for 2023, where we take a closer look at some of the best-selling EVs on the road. With the increasing popularity of electric cars, there are more options than ever before. We’ll compare the Tesla Model Y, Hyundai IONIQ...

EV Tax Credit 2023: The U.S. Treasury Proposes New Rules
by Justin Fischer | Last updated Apr 3, 2023 | | 0 Comments
The U.S. Treasury Department has announced new electric vehicle tax credit sourcing rules that will take effect in April, aiming to incentivize domestic production and reduce reliance on foreign supply chains. The new rules will remove full eligibility for several...

Slash Your Car Loan Interest: Expert Tips for New and Used Car Buyers
by Justin Fischer | Last updated Sep 17, 2024 | | 1 Comment
Navigating the world of car loans can be daunting, but understanding how interest rates work is key to making a wise investment in your new or used vehicle. By learning how to save on car loan interest, you can potentially save thousands of dollars over the life of...

5 Insider Car Buying Tips for 2024: Expert Advice to Save Money and Secure the Best Deal
by Justin Fischer | Last updated Apr 11, 2024 | | 2 Comments
Buying a car can be an exciting yet daunting experience, especially with so many factors to consider and decisions to make. But fear not, as we've gathered top car buying tips from industry experts to help guide you through the process with confidence. By leveraging...

Q1 2023 New Car Sales on the Road to Recovery
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
As we navigate the new year, the automotive industry is showing signs of recovery, with new car sales expected to lift slightly in Q1 2023. In a recent press release, automotive research firm Edmunds shared its predictions for the industry, highlighting the potential...

The Ultimate Car Payment Calculator: Estimate Your Monthly Payments with Ease
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Purchasing a vehicle is a significant investment, and understanding your potential monthly car payments is crucial to ensure it fits within your budget. One of the best ways to estimate your payments is by using a car payment calculator. With a plethora of options...

Find the Right Down Payment For Your Budget: How Much Should You Put Down on a Car?
by Justin Fischer | Last updated Apr 20, 2023 | | 2 Comments
When you're buying a car, one of the biggest decisions you need to make is how much money to put down. The down payment you make can have a significant impact on your monthly car payment, interest rate, and the overall cost of your loan. In this article, we'll provide...

The Average Cost of Car Insurance in 2023: What You Need to Know About Rising Rates
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
At CarEdge, we understand that car insurance can be a complicated and confusing topic. With so many variables and factors at play, it's hard to know exactly how much you should be paying for car insurance. That's why we're here to help break down the average cost of...

The Safest New Cars & SUVs in 2023
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Buying a new car this year doesn’t mean you have to sacrifice safety for affordability. Check out these cars and SUVs that are not only surprisingly affordable, but also a Top Safety Pick by the Insurance Institute for Highway Safety. Without further ado, let’s take a...

Hyundai Recall: Over 568,000 Vehicles Recalled Due to Fire Risk
by Justin Fischer | Last updated Mar 23, 2023 | | 0 Comments
Hyundai Motor America and the NHTSA have issued a Hyundai recall for nearly 568,000 pickups and crossovers in the U.S. with potentially faulty trailer harness modules, posing a fire risk. The affected vehicles include 2019-23 Santa Fe midsize crossovers, 2021-23...

Ford News: Ford Expects $3 Billion Loss on EVs This Year Amid Increased Profits for Traditional Vehicles
by Justin Fischer | Last updated Mar 23, 2023 | | 0 Comments
In recent Ford news, the automotive giant has revealed that it expects its electric vehicle business to incur a loss of $3 billion in 2023. This comes despite the company forecasting increased profits from its internal combustion and commercial vehicle operations....

Used Car Prices in 2023: Insights for Smart Car Buying Decisions
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
The latest iSeeCars.com analysis has revealed a significant shift in used car prices in 2023, with prices dropping by 4.7 percent since September and 8.7 percent from a year ago. The study analyzed 1.8 million used car sales between February 2022 and February 2023 to...

Top 5 Best-Selling Cars, Trucks, and SUVs in America: The Ultimate Guide For 2022-2023
by Justin Fischer | Last updated Mar 22, 2023 | | 0 Comments
In the ever-evolving world of automobiles, car manufacturers compete fiercely to offer the most innovative and appealing models to customers. When it comes to sales figures, there are always clear winners that outshine the rest. In this article, we'll take a look at...

Toyota’s Hybrids Versus Electric Cars
by Justin Fischer | Last updated Apr 7, 2023 | | 2 Comments
When it comes to fuel efficiency and eco-friendly vehicles, Toyota has been a pioneer in the automotive industry. With the introduction of the iconic Prius in 1997, Toyota has continued to innovate and expand its lineup of hybrid vehicles. However, in the emerging...

The 5 Best Hybrid SUVs in 2024
by Justin Fischer | Last updated May 20, 2024 | | 1 Comment
As the demand for fuel-efficient vehicles continues to rise, hybrid SUVs are becoming increasingly popular. In this article, we'll be taking a look at the best hybrid SUVs under $50,000 MSRP. 2024 Hyundai Tucson Hybrid First on the list is the 2024 Hyundai Tucson...

The Top 5 Self-Driving Car Companies Leading Innovation in 2023
by Justin Fischer | Last updated Mar 20, 2023 | | 0 Comments
Self-driving technology has been heralded as a game-changing innovation that will transform our daily lives. However, the reality of this technology is far from certain. While autonomous vehicles offer potential benefits such as improved safety, reduced traffic...

The 3 Cheapest New Cars in 2024
by Justin Fischer | Last updated May 20, 2024 | | 0 Comments
In 2024, it's tough finding a cheap new car. Just a decade ago, buying a new car for $30,000 was the norm. Fast forward to today, and the average price has skyrocketed by 60%, sitting at about $47,000. Despite this surge, there's still hope for budget-conscious...

The Most and Least Negotiable New Cars in 2023
by Justin Fischer | Last updated Jun 3, 2024 | | 1 Comment
The best new car deals are changing in 2023. Our team of CarEdge Coaches combines decades of experience in the automotive industry to help you, the consumer, buy a car without the hassle. That’s why we create must-have resources that demystify car buying, and save you...

Negotiate Electric Car Prices in 2024! 3 Examples of Big Savings
by Justin Fischer | Last updated Sep 16, 2024 | | 1 Comment
For the past few years, electric vehicles have sold for about $10,000 more than combustion-powered counterparts on average. That’s not good for the consumer, and it’s not helping EV adoption. However, the market is changing. In 2024, you CAN negotiate electric car...
Used Car Market Update: Prices Spike as Inventory Drops; It’s a Seller’s Market!
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Used car sales are much stronger than they were one year ago. Car buyers aren’t phased by much higher interest rates, economic uncertainty or exorbitant new car prices. What do healthy sales mean for car buyers in the 2023 spring car buying season? Will used car...

Car Prices Are Rising; Now Is The BEST Time To Sell Your Car
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
Have you checked your Carvana offers lately? You may be in for a welcome surprise. Used car prices are trending upward in early 2023, and if you’re thinking about selling your car, now might be the time! After seven months of steady price declines, January saw a...

As Insurance Costs Keep Rising, These Are the Most and Least Expensive Cars to Insure
by Justin Fischer | Last updated Dec 30, 2024 | | 0 Comments
As auto insurance premiums continue to rise, it's helpful for drivers to understand which vehicles are the least and most expensive to insure. Factors such as safety features, repair costs, and driver profiles contribute to insurance costs, making some cars pricier to...

The Highest and Lowest Destination Charges For New Cars
by Justin Fischer | Last updated May 9, 2023 | | 0 Comments
After a year of inflation, it shouldn’t surprise you that yet another facet of car pricing is on the rise. This time, it’s rising destination charges. A “destination charge” or “delivery fee” is an auto manufacturer's fee for delivering a vehicle from the factory to...

Used Car Prices Are Falling, and It’s Only the Beginning
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
What goes up, must come down, and someone’s going to lose money. In this case, it’s most likely going to be car dealers on the losing end of the market. Used car prices climbed 52 percent in 2021 and 2022, an unprecedented and historic price bubble that is slowly but...

Cars and Trucks With the Smallest Price Hikes in 2023. Shame On You Honda!
by Justin Fischer | Last updated Apr 20, 2023 | | 1 Comment
We recently shared the 2023 models with the biggest price hikes. Now, we’re back with the cars and trucks with the smallest price hikes for the 2023 model year. I must say, there are some surprises here. We’ll start off by taking a look at the price trends for the 25...

Predictions for 2023: Car Prices Fall as Dealers Suffer
by Justin Fischer | Last updated Apr 20, 2023 | | 4 Comments
What a year it has been. 2022 started with new and used car prices climbing to record highs, stubborn semiconductor chip shortages and a world at relative peace. As we wrap up the year and look forward to 2023, used car prices are tanking, new car inventory is rising,...

What’s in Store for Used Tesla Prices in 2023
by Justin Fischer | Last updated Apr 13, 2023 | | 0 Comments
January 2023 Update: Tesla slashed prices for new models by up to 20% overnight. The top-selling Long Range Model Y dropped from $65,990 to $52,990. This means that not only are all Teslas cheaper now, but most Model 3 and Model Y spec options are now eligible for the...

The Latest New Car Price Trends in 2023: 10 Cars with Big MSRP Increases
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
There’s a troubling trend emerging in the auto industry. Automakers are dropping base models from their lineups, effectively increasing the starting price by thousands of dollars. Toyota, Honda, Mazda and Kia have all done this in recent months, and it’s likely to...

Used Car Deals in 2023 – Prices Are Still Dropping
by Justin Fischer | Last updated Dec 11, 2023 | | 2 Comments
If you’re looking for a used car deal this year, understanding the ins and outs of today’s changing used car market is key to saving more. In 2023, car buyers who are empowered with knowledge and negotiation know-how will save the most money. Those who are caught off...

The Best Year-End Car Deals in December
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
One year ago, the auto market was in the depths of the new car shortage. Semiconductor chips were in short supply, and dealer markups were at their worst. In December 2022, the best year-end car deals are the best we’ve seen since 2020, when the average price paid for...

Will Car Prices Drop in 2023?
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
The last six months of 2022 brought softening car prices after 18 months of gains. Used car prices are down 17% at the wholesale level, and retail prices are finally coming down. Will new car prices drop in 2023? Will we continue to see used car prices drop in 2023?...

These 7 Car Brands Will Have the Best New Car Deals and Most Inventory in December
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
As we head into December 2022, new car inventory is the highest it has been in nearly two years. Finally, it seems that automakers are climbing out of the supply chain problems that brought the industry, and car buyers, to a halt for much of 2021 and 2022. Which car...

The Best (and Worst) Electric Cars in 2023
by Justin Fischer | Last updated Apr 20, 2023 | | 1 Comment
One third of American drivers are seriously considering going electric as generous tax credits, fuel savings and reduced emissions lure the masses towards EVs. My own household made the switch in early 2022, and we’re never going back to ICE. In hopes of adding...

Cyber Monday Car Deals 2023, Even Better Deals in December
by Justin Fischer | Last updated Nov 27, 2023 | | 2 Comments
New car inventory is rising, and that motivates automakers to offer better incentives. Cyber Monday 2023 will be a great time to buy if you're in the market for a new car. Before you run out to buy a car on Cyber Monday (November 27), here’s what you need to know:...

The Best Time to Buy a Car Has Changed. Negotiating Is More Important Than Ever.
by Justin Fischer | Last updated Nov 22, 2023 | | 0 Comments
Did you know that new car incentives are 40% higher during one particular time of the year? It’s amazing how much money you can save with a bit of knowledge that car dealers don’t want to share. At CarEdge, we strive to make car buying and ownership easier, less...

Kia EV9 and Hyundai IONIQ 7: Three-Row Electric SUVs Are Almost Here
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Heading into 2023, larger families in the market for an electric SUV are left with few options. Unless you’re prepared to spend over $90,000 for a Tesla Model X or Rivian R1S, your best shot has been to stick to conventional hybrids or PHEVs. That’s all going to...

Car Buying Cheat Sheet: Former Dealer Shares How to Negotiate Car Prices Confidently
by Justin Fischer | Last updated Apr 18, 2025 | | 24 Comments
Our team of Car Coaches combines decades of experience in the automotive industry to help you, the consumer, buy a car without the hassle. That’s why we created this must-have resource for buying a new or used car at a dealership, whether in person or through the...

Auto Loan Interest Rates Are Still Rising – Here’s What That Means For Car Buyers Today
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Auto loan interest rates are rising. For most of us, when buying a new or used car, agreeing on a price is only half the work (or if you have a car to sell/trade-in, a third of the work). Are you ready to go to battle for round two? That would be negotiating a fair...

Electric Truck Prices in 2024 – Every Electric Pickup’s Pricing, Range, and Availability
by Justin Fischer | Last updated Feb 8, 2024 | | 1 Comment
Electric trucks are not cheap, and some of them are just downright expensive. Are the fuel savings and power worth the extra cost? This resource features every electric truck’s pricing and range in 2024. Which electric pickups are you interested in? There will be more...

Passport Auto Group Fined $3 Million By the FTC for Illegal Junk Fees and Discriminatory Practices
by Justin Fischer | Last updated Oct 19, 2022 | | 0 Comments
Just months after the Federal Trade Commission (FTC) took legal action against Koons Kia and Napleton dealerships, the FTC has reached a high-dollar settlement with the DC-area’s Passport Automotive Group. The FTC found evidence that Passport Auto Group dealerships...

The Best New Car Deals Today
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Interest rates are rising, and inflation is at record highs, but deals can still be had when buying a new car. Every month, the team at CarEdge pores over the latest offers from every automaker. The result is a one-stop resource to share the very best new car deals...

Why Are Gas Prices Going Up Again?
by Justin Fischer | Last updated Oct 13, 2022 | | 0 Comments
After reaching record highs in June, gas prices fell by 25% by September. Now, gas prices are on the rise again. Why are gas prices going up? Blame supply and demand. However, there’s a bit more to the story this time around. Production Cuts Push Crude Oil Prices...

The Polestar 3 Is Here: Price, Range and Release Date
by Justin Fischer | Last updated Oct 12, 2022 | | 0 Comments
Judging from the price, the Polestar 3 is going after BMW and Mercedes-Benz rather than Tesla. On October 12, Polestar revealed its third model, aptly named the Polestar 3. A lot has changed for the brand since the arrival of the Polestar 2, a smash-hit that propelled...

The Best New Car Lease Deals for October 2024
by Justin Fischer | Last updated Oct 7, 2024 | | 4 Comments
We dug through the latest new car lease offers to find you the very best lease deals for October 2024. It's becoming clear that year-end car sales are almost here! Skip ahead to your preferred auto brand to see what their best lease deals are this month. Check back...

The Best Auto Loan Rates in October: Zero Percent Financing and More
by Justin Fischer | Last updated Oct 7, 2024 | | 9 Comments
Rates are changing, but deals can still be had when financing a new car. Interest rates remain high in 2024, yet smart buyers secure zero percent financing each and every day. If you’re thinking of financing a new car, you'll want to take advantage of manufacturer...

All-Electric Jeeps Are On the Way! Everything We Know About Jeep EVs
by Justin Fischer | Last updated Sep 29, 2022 | | 0 Comments
Would you believe me if I told you that the best-selling plug-in hybrid in America is a Jeep? As wild as that sounds in a world of Teslas and Toyotas, that is perhaps the most interesting bit of EV trivia today. Although PHEVs offer the convenience of gas stations and...

The 5 Car Brands You Can Negotiate Right Now
by Justin Fischer | Last updated Apr 27, 2023 | | 2 Comments
Can you negotiate new car prices in 2023? Our CarEdge Auto Experts help hundreds of car buyers every week, and they gather real-time insights of the market along the way. The market is changing, and both new and used cars are more negotiable than at any time in 2022....

Negotiate Thousands Off New and Used Cars in 2023
by Justin Fischer | Last updated Apr 27, 2023 | | 2 Comments
Whether you’re in the market for a new or used car, you have more negotiating power in 2023 than at any time in the past two years. Our car buying coaches help hundreds of car buyers every week, and they gather real-time insights of the market along the way. The...

The Average Price of an Electric Car in America (2025 Update)
by Justin Fischer | Last updated Jan 28, 2025 | | 2 Comments
2025 Update: The average transaction price for an EV rose slightly last month. Check out the details below. Car buying is the second biggest expense most consumers will ever make, and more drivers are getting squeezed into $1,000/month car payments. With an EV, you...

33% INCREASE In Repos | Auto Loan Debt Is Spiraling Out of Control
by Justin Fischer | Last updated Apr 20, 2023 | | 1 Comment
The Consumer Financial Protection Bureau (CFPB) is concerned about Americans getting deeper into debt. It’s not credit cards or mortgages that are raising red flags, it’s auto loans. Today, the average car payment is $733 per month. That’s nearly $9,000 a year in car...

The Best Electric Vehicles Under $50,000
by Justin Fischer | Last updated Jan 10, 2024 | | 2 Comments
The best EVs under $50,000 are more capable than ever before. But that doesn’t mean that they’re equally suited for the diverse needs of today’s drivers. Whether you're hauling a family or looking for your next ridesharing car, these are the best EVs under $50k that...

New Car Prices Hit Another All-Time Record, Now Over 80% of Median Income in 15 States
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
For the fifth-month in a row, new car prices climbed to a new record in August. Car buyers continue to pay more, even as signs point towards the bubble bursting. The latest industry insights from Kelly Blue Book and TrueCar make it clear that new car prices have yet...

2024 Chevrolet Equinox EV Pricing and Specs: It’s Great, But Don’t Expect a $30,000 Price
by Justin Fischer | Last updated Apr 27, 2023 | | 3 Comments
General Motors finally released details about what could turn out to be the most important electric vehicle of the decade. Yes, Tesla pioneered the mass production of EVs in the 2010s, but GM intends to bring them to the masses with affordable pricing. Now that we...

Auto Sales Increase For the First Time In Over a Year; Is the Recovery Here to Stay?
by Justin Fischer | Last updated Sep 7, 2022 | | 1 Comment
Car sales increased for the first time in more than a year in August. While overall market conditions seem to be improving, many automakers are still in a tough spot (we’re looking at you Toyota, Honda, and Subaru). Will increasing new car inventory and sales lead to...

The Best Electric Cars for Families in 2024
by Justin Fischer | Last updated Mar 1, 2024 | | 3 Comments
If you’re thinking about hauling the kids off to school with zero emissions, today’s EVs offer more range, faster charging and greater fuel savings. The best electric cars and SUVs for families are available in a wide range of options to meet your needs, and an even...

Used Car Prices Are Crashing: Negotiate At Least 10% Off When Buying A Used Car in 2023
by Justin Fischer | Last updated Nov 8, 2023 | | 0 Comments
At CarEdge, empowering you is what drives us. Car buying, selling and ownership are too often accompanied by hassles and headaches. We do our best to save time & money with real advice from auto experts. Right now, the used car market is going through some big...

Electric Car Prices Are Rising Faster Than ICE Cars
by Justin Fischer | Last updated Aug 29, 2022 | | 0 Comments
In 2019, market analysis and research firm Deloitte predicted that electric vehicles would reach price parity with combustion-powered counterparts in 2022. One year later, General Motors Chief Technology Officer Matt Tsien shared his optimism about EV prices. Cost...

Toyota Production Problems Persist. Sales Are Down 23%, Prices are Up
by Justin Fischer | Last updated Aug 24, 2022 | | 0 Comments
Toyota inventory levels have never been lower than they are right now. Go for a drive to your local Toyota dealer and you’ll see few new cars on the lot. We've noticed fewer Toyota listings on CarEdge Car Search. Production challenges have plagued Toyota for the...

Factory Ordering a Car? These Are Wait Times We’re Seeing in 2025
by Justin Fischer | Last updated Apr 18, 2025 | | 10 Comments
We track new car inventory monthly, and it’s been encouraging to see automakers like Ford and Toyota having more cars shipped to dealers. Still, automakers are selling every car they can make. With that said, more drivers are placing factory orders for vehicle builds...

New Car Prices Hit A NEW Record; Monthly Payments Now Average $733
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Another month, another new record for car prices. In July, new car prices climbed 0.3% higher, and the average monthly payment increased by 0.9%. Used car prices have decreased at the wholesale level for eight weeks, but new car prices remain at record highs as dealer...

Which Used EVs and PHEVs Qualify for the Used EV Tax Credit?
by Justin Fischer | Last updated Aug 16, 2022 | | 0 Comments
After years of asking for a used electric vehicle tax credit, we finally have it. Unfortunately, it’s not all that we had hoped it would be. Income limits are strict, and vehicle price caps are even tighter. We analyzed price data to find every EV and plug-in hybrid...

When Should You Buy an EV? Here’s How the New EV Tax Credit Affects Every Brand
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
The Inflation Reduction Act of 2022 has thrown a wrench in the EV buying plans of many. Just three weeks after we first heard word of this deal between two Senators, it has been signed into law. Time is of the essence if you’re on the fence about an EV purchase! But...

When Will Car Prices Drop? Used Cars Prices Are Starting to Fall Now
by Justin Fischer | Last updated Apr 20, 2023 | | 2 Comments
Each day we get asked, “When will car prices drop?” Fortunately, today we have good news to share; used car prices are starting to fall as you’re reading this. At wholesale auctions, used car prices have dropped for seven weeks in a row. This week’s wholesale declines...

What EVs Qualify For the New Tax Credit? See the Winners and Losers
by Justin Fischer | Last updated Oct 10, 2022 | | 7 Comments
Update: On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 into law. Within the 755 page bill is a massive, and controversial, revision of the electric vehicle tax credit (more on that here). Frankly, it’s a mix of good and bad news. The...

What Is the Fair Market Value of My Car?
by Justin Fischer | Last updated Dec 11, 2023 | | 2 Comments
How can you determine the fair market value of a car? Over the last three years, used car prices plummeted during pandemic shutdowns, only to climb a record 40% in 2021. In 2023, there are strong signals that the car price bubble is bursting. With such volatile...

Toyota Emissions Scandal; Toyota Unit Falsified Emission Data Since 2003
by Justin Fischer | Last updated Aug 3, 2022 | | 1 Comment
Who would have ever thought we’d have a Toyota emissions scandal to cover. When Volkswagen was caught red-handed in 2015, its entire leadership structure was turned on its head. Seven years later, Volkswagen is still fighting to improve its image, and the automaker is...

Here’s Every State’s EV Charging Plan. The National Charging Network Is Happening!
by Justin Fischer | Last updated Aug 9, 2022 | | 0 Comments
When the Bipartisan Infrastructure Investment and Jobs Act was signed into law in 2021, $1.2 trillion in federal funding was earmarked for dozens of projects ranging from bridge repair to internet access. Included in the massive package is $7.5 billion for National...

How Will a Recession Impact Car Prices in 2025?
by Justin Fischer | Last updated Apr 7, 2025 | | 0 Comments
With tariffs, stubborn inflation, and stock market-selloffs, there are many factors that are dampening consumer sentiment in the United States. An economic slowdown impacts everyone, car buyers included. How will a recession impact car sales? How will car buyers be...

Electric Vehicles Will FAIL Unless We Make These 5 Changes….Fast
by Justin Fischer | Last updated Jul 28, 2022 | | 2 Comments
After four months of electric vehicle ownership, my perspectives about the mass transition to electric vehicles have evolved. I no longer think that everyone should run out and buy an EV right now (besides, that’s not possible). I have a greater understanding of the...

Used Car Prices Are Dropping; Repos Are Increasing
by Justin Fischer | Last updated Apr 20, 2023 | | 1 Comment
It is officially safe to declare; used car prices are finally going down. Finally, we’re seeing a clear trend emerge in used car prices. Now is the time to sell a car (as we’ve seen five weeks in a row of used car price declines and trade-in values will likely drop...

The Average Monthly Car Payment Is Now $730 As New Vehicle Affordability Gets Worse In 2022
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Is all the talk of inflation giving car dealers and automakers an excuse to raise car prices even further? While that would be pure speculation, we do know that a new vehicle now costs more than ever before. New data from Cox Automotive/Moody’s Analytics reveals that...

Car Dealers vs. Consumers: Make Your Voice Heard
by Zach Shefska | Last updated Sep 27, 2024 | | 7 Comments
In June, the Federal Trade Commission proposed a new set of rules that would ban unscrupulous sales practices that are commonly employed at car dealerships. Among the notoriously anti-consumer practices targeted are the sale of products without benefit,...

GM Is Partnering With EVgo and Pilot/Flying J Truck Stops to Install 2,000 EV Chargers
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
For years, electric vehicle enthusiasts and skeptics alike have said that if electric vehicles were ever to go mainstream, chargers were needed in two places: highway rest areas and truck stops. With today’s announcement from General Motors and the ongoing planning of...

New Car Prices Climb to New Records in June. Are Car Prices Going Down in July?
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Who can afford a new car in 2022? The latest data from Cox Automotive’s Kelley Blue Book reveals that the wealthy are making up more and more of new vehicle purchases as prices soar out of reach for many. New car prices are at all-time record highs, but could this be...

Automakers Want You to “Subscribe” to Features in Your Car. What’s Next?
by Justin Fischer | Last updated Apr 27, 2023 | | 4 Comments
If you’re in the market for a GMC Sierra, Buick Enclave, or any of the two brand’s other models, we have some disappointing news for you. At what most would agree is the absolute worst time for automakers to pack more profits into car sales, Buick and GMC are forcing...
New Car Incentives Are At Record Lows. What Does It Mean for Car Buyers?
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
When demand exceeds supply for any product, sellers have the upper hand. New car incentives dropped even further in the summer of 2022. What does fewer incentives mean for car buyers today? This is what the latest data reveals. New Car Incentives Down 50% in 12 Months...

5 Electric Cars Worth Waiting For: 2023 New Models
by Justin Fischer | Last updated Apr 24, 2023 | | 1 Comment
Will 2023 bring more affordable EVs with more range and faster charging? These are the five best new electric models coming to a charging station near you. 2024 Honda Prologue - Is It Even a Honda? The Prologue EV is one of the electric cars we're looking forward to...

Average Monthly Car Payments Skyrocket in 2022
by Zach Shefska | Last updated Apr 24, 2023 | | 1 Comment
Average monthly car payments have been increasing ever since the beginning of the chip shortage in 2020. Today, the average monthly car payment for a new car exceeds $700 for the first time ever, while the average monthly car payment for a used vehicle is more than...

New Electric Cars in 2023 and Beyond: Car Wars Study Says EVs Will Dominate VERY Soon
by Justin Fischer | Last updated Jul 1, 2022 | | 0 Comments
As much as I love electric vehicles, their faults are not lost on me. Charging infrastructure lacks, service outside of warranty is costly, and most of all, they’re really expensive. Despite the hurdles facing EVs in 2022, a new Bank of America Merrill Lynch Car Wars...

Electric Vehicle Recalls in 2022: The Latest Updates
by Justin Fischer | Last updated Oct 12, 2022 | | 0 Comments
As drivers warm up to the idea of going electric, every electric vehicle recall is sure to turn heads, regardless of severity. 2022 is a huge year for automakers unveiling their next generation of electric vehicles. With over half a trillion dollars invested in EVs,...

The FTC is Cracking Down on Shady Car Dealers
by Zach Shefska | Last updated Apr 25, 2023 | | 1 Comment
Update: The public comment period is NOW OPEN. The deadline is September 12, 2022! Here's how you can submit a comment. Share with your friends and family! On June 27th, The Federal Trade Commission proposed a new set of rules that would make many commonplace car...

2024 Hyundai IONIQ 6 Pricing, Range and Official Reveal
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
Hyundai and Kia’s new e-GMP electric platform has seen plenty of success (and a few hiccups), and the Korean giants are just getting started. Everyone from Tesla die-hards to Bloomberg News heap praise on the new IONIQ 5 electric crossover. I love it so much that I...
The F-150 Lightning Recall Shows Why Ford Has An Advantage
by Justin Fischer | Last updated Jun 28, 2022 | | 0 Comments
Between 500 and 800 auto recalls are issued every year, affecting tens of millions of American vehicles. In fact, recalls have become so common that many drivers simply ignore them, which is a dangerous move. Fortunately, some automakers are making it possible to...

It’s Getting Harder to Shop For a Car Online. Is This the Fix?
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
The new and used car markets have seen it all in the first few years of this decade. 2020 kicked off with a few months of normalcy before the bottom fell out. Car sales plummeted by 15% before pulling the quickest turnaround in automotive history. In 2022, simply...

The Fastest-Charging Electric Vehicles in 2024
by Justin Fischer | Last updated Sep 19, 2024 | | 0 Comments
In 2024, most EVs charge much faster than you'd expect. Although some laggards still take nearly an hour to add 200 miles of range, today's best-sellers are capable of ultra-fast charging. Unless you're considering a bargain EV lease for short commutes, you'll want to...

Is This the Breaking Point? A New Car Now Costs More Than Many Americans Make In a Year
by Justin Fischer | Last updated Apr 24, 2023 | | 2 Comments
new car affordability index

It’s Official: Sony Is Making an Electric Car with Honda
by Justin Fischer | Last updated Jan 30, 2023 | | 1 Comment
You’re one step closer to getting the PlayStation on wheels you’ve always wanted. On June 16, Honda Motor Company and Sony signed an agreement to design and build an electric vehicle. The new joint venture will operate under the name of Sony Honda Mobility Inc. ...

How Did Car Dealerships Become So Powerful in America?
by Justin Fischer | Last updated Jun 29, 2022 | | 1 Comment
What if I told you that auto dealerships are one of the largest political forces in the United States? To dealerships both big and small, business is about a lot more than selling cars. There are 17,968 new car dealerships in the United States, a figure that has grown...

Who Is NIO? They’re Bringing EV Battery Swaps to America
by Justin Fischer | Last updated Jun 17, 2022 | | 0 Comments
What are the three biggest concerns of drivers pondering the switch to electric mobility? Survey after survey, we find that it’s range, charging and price. And with good reason. Electric vehicles remain $11,000 more expensive than their combustion counterparts on...

The Best Electric Vehicle Battery Warranties in 2024
by Justin Fischer | Last updated Jan 9, 2024 | | 13 Comments
Outside of warranty, electric car battery replacement costs range from $15,000 to well north of $20,000 in a fully-electric vehicle. It’s true that batteries should be much more affordable a decade from now, but that’s a lot of money on the line. To protect your...

EV Charging Etiquette: 5 Good Habits For EV Charging Stations
by Justin Fischer | Last updated Jun 9, 2022 | | 0 Comments
In 2022, electric vehicles make up about 5% of new vehicle sales in the US. As that figure increases, common sense and civility are going to matter a lot more at public charging stations. Charging stations are rarely crowded in 2022, but that may be about to change....

5 Tips to Save Money on Gas
by Justin Fischer | Last updated Jun 7, 2022 | | 2 Comments
At these prices, the savings add up! With gas prices rising above $5 a gallon, more drivers are looking for ways to save at the pump. The average American driver spends nearly $3,000 every year on fuel expenses. These 5 tips can save you big time when you fill...

Electric Cars, Trucks and SUVs With the Best Range in 2022
by Justin Fischer | Last updated Jun 2, 2022 | | 0 Comments
You don’t have to spend one hundred grand to purchase an electric vehicle with great range in 2022. EVs aren’t cheap, but with fuel savings taken into account, the electric lifestyle starts to sound a lot more appealing. There’s a saying in electric mobility: range is...

The Rise of Direct-to-Consumer Auto Sales
by Justin Fischer | Last updated May 2, 2023 | | 1 Comment
Just a few months ago, Ford shook up the automotive industry and ignited rumors that brought anxiety for Ford dealers. Ford’s announcement to separate all-electric and internal combustion engine (ICE) sales was seen as a nod to Tesla, and a threat to the dealership...

The Hidden Risks of EV Fast Charging (and Free Charging Incentives)
by Justin Fischer | Last updated May 28, 2022 | | 0 Comments
Until there’s a Carfax for electric vehicle battery health, car buyers should bear in mind the unknowns of the used EV market. We’re used to hearing of highway miles versus stop and go, or oil changes every 3,000 miles. When it comes to the health of a 1,000 pound...

5 Predictions for 2022 and Beyond
by Zach Shefska | Last updated Apr 25, 2023 | | 3 Comments
If you’ve noticed things getting a bit hectic lately, you’re not alone. Two years into the pandemic, 2022 has brought its own set of challenges, setbacks and surprises. Maybe you’ve been impacted by one of these challenges, or perhaps you’re one of the fortunate few...

These Electric Vehicles Come with Free Charging in 2022
by Justin Fischer | Last updated May 27, 2022 | | 1 Comment
Electric vehicles are far from cheap, but many 2022 EVs come with free charging incentives that sweeten the deal. If you travel America’s interstates often, you’ll want to check out these free charging incentives. It adds up quickly! Audi e-tron Free Charging:...

Why Are Gas Prices Still Going Up?
by Justin Fischer | Last updated Jan 30, 2023 | | 1 Comment
As of May 18, the national average gas price is an all-time record of $4.57 per gallon according to AAA. Just one month prior, gas prices crept above $4.00 a gallon nationally for the first time since 2008. What’s different this time around? It looks like $4.00+ gas...

Should I Buy a New or Used Car?
by Zach Shefska | Last updated Apr 25, 2023 | | 2 Comments
Buying a car in 2022 is hard. Deciding if you should buy a new or used vehicle is even more difficult. Used car prices have increased unlike any other time in history, and the new car shortage means you may need to wait months to take delivery of an ordered vehicle....

The 5 Most Marked-Up Cars in 2022 (Really, Kia?!)
by Justin Fischer | Last updated May 17, 2022 | | 0 Comments
Over the past two years, the median household income in the United States has nudged upward from $67,500 to $75,500 as of March 2022. Meanwhile, new cars have risen from an average transaction price of $37,000 in early 2020 to $46,000 today, a 24% increase. The cost...

Does Temperature Affect Electric Vehicle Performance? Yes, But the Details Matter
by Justin Fischer | Last updated May 13, 2022 | | 0 Comments
Toyota Tacoma

2022 Hyundai IONIQ 5 Recall: Hyundai Announces Remedy
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
Update: I just got the recall fix done at my local Hyundai dealer. They had never seen an IONIQ 5 before, and one employee asked if I was coming in for an oil change. Nevertheless, I was in and out of the dealership in about 30 minutes. As an IONIQ 5 owner myself, I...

Electric Vehicle Savings: Here’s How Long It Takes to Break Even with $5 Gas Prices (Updated)
by Justin Fischer | Last updated Jun 6, 2022 | | 1 Comment
We hear it all the time: electric cars save you money. Electricity is cheaper than gas, EVs require less maintenance, and incentives abound. However, there’s no hiding the fact that electric vehicles are expensive, especially the models with the best range,...

How to Cancel Your Extended Car Warranty: A Step-by-Step Guide
by Kimberly Kline | Last updated Apr 18, 2025 | | 36 Comments
Canceling your extended car warranty may seem like a daunting task, but it can be a wise decision if you no longer need the coverage or if it's no longer cost-effective. In this step-by-step guide, we'll explore the reasons you might consider canceling your extended...

Kia & Hyundai Fire Recalls; 6 Million Vehicles Impacted
by Zach Shefska | Last updated Oct 27, 2022 | | 0 Comments
October 2022 Update: Hyundai and Kia models with dual-clutch transmissions are subject to a new recall and stop-sale. Model year 2021 - 2023 vehicles are included. See the details below. A recall remains in effect for the Kia Telluride and Hyundai Palisade. This...

The Toyota bZ4X Charges VERY Slow, Has Poor Range, and Faces Recalls. Can It Be Saved?
by Justin Fischer | Last updated Nov 11, 2022 | | 0 Comments
November 2022 Update Is this the beginning of a Toyota EV scandal? Norwegian EV testers have found that the Toyota bZ4X does not get anywhere close to achieving the claimed range, efficiency and battery capacity shared by Toyota. The most we’ll known EV testers in...

These Are the States With the Best EV Incentives in 2022
by Justin Fischer | Last updated May 9, 2022 | | 0 Comments
Gas prices are up over 50% since last year, and that has more drivers looking to an electric vehicle for their next car purchase. The average EV costs a whopping $19,000 more than internal-combustion engine (ICE) vehicles in 2021, and that figure has surely risen...

These 5 Electric Vehicles are Overpriced!
by Justin Fischer | Last updated May 2, 2022 | | 0 Comments
At a time when the average transaction price for a new vehicle is inching closer to $50,000, getting your money’s worth matters more than ever. Electric vehicles are popular, but they’re expensive. Most importantly, not all EVs are equal in terms of range, charging...

These Are the States Banning New Sales of Gas and Diesel Vehicles
by Justin Fischer | Last updated Apr 15, 2023 | | 0 Comments
Here in the United States, the first quarter of 2023 brought EV market share to 7.2% along with a new EV sales record, despite an overall auto market slump. Electric cars are hot right now, but buying one is easier said than done. Supply shortages, insufficient...

Electric Vehicle Sales and Market Share (US – Q1 2025 Updates)
by Justin Fischer | Last updated Apr 17, 2025 | | 0 Comments
Q1 2025 Update: Preliminary sales and market share numbers are here. See the latest U.S. EV market share estimates below as we await final numbers. As electric cars, trucks and SUVs continue to enter the mainstream in 2025, the tug-of-war between EV startups and...

Electric Corvette Announced – Coming Sooner Than Expected
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
General Motors President Mark Reuss told CNBC Monday that ‘electrified’ and fully-electric Chevrolet Corvette versions will be out as soon as 2023. An electric Corvette has long been rumored, but this is the first official news about the Corvette EV. 2022 and...

These Are the Only Cheap Electric Cars Available in 2022
by Justin Fischer | Last updated Oct 13, 2022 | | 0 Comments
If you’re in the market for an affordable electric vehicle, you’ve likely already arrived at the realization that ‘affordable’ doesn’t mean cheap in 2022. In fact, our own CarEdge list of the best affordable electric cars features one car (the Tesla Model 3) that now...

Every Electric Truck in Development, Plus a Few Already Here
by Justin Fischer | Last updated Apr 28, 2022 | | 0 Comments
Electric trucks are few and far between on highways, but they’re all the rage online. There are fewer than 3,000 electric trucks on the road today, but at least 1.5 million reservations are in the books for upcoming electric truck models. Will trucks ever catch up to...

State of Texas Files Lawsuit Against Vroom Over Deceptive Practices Following Thousands of Complaints
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
The State of Texas is alleging in a new lawsuit that online car retailer Vroom has routinely failed to disclose vehicle history, vehicle features, and work done on vehicles it sold to customers in Texas. On April 20, Texas Attorney General Ken Paxton filed a lawsuit...

The Need For (Charging) Speed: Is This the Charging Solution We’ve All Been Waiting For?
by Justin Fischer | Last updated Apr 28, 2022 | | 0 Comments
My very own Hyundai IONIQ 5 has a special trick up its sleeve. In fact, even Tesla can’t claim it. In 2022, very few electric cars are engineered with 800-volt architecture. While still an outlier, all signs point towards an auto industry heading in the direction of...

Koons Kia Fined $1 Million by Maryland Attorney General for Fake Fees
by Justin Fischer | Last updated Apr 25, 2023 | | 0 Comments
Maryland Attorney General Brian E. Frosh announced that his office’s Consumer Protection Division has reached a settlement with Koons Kia of Owings Mills, MD to address allegations of the systematic practice of forcing customers to pay for hidden fees and phony...

How to File a Complaint Against a Dealership With the Attorney General’s Office
by Justin Fischer | Last updated Apr 25, 2023 | | 1 Comment
At CarEdge, we recently shared the steps you can take to challenge dealer add-ons, but what if it’s too late? When do misleading pricing, forced add-ons and financing games cross legal boundaries? Does the consumer have any recourse? Here’s what you need to know, and...

The 5 Step Process to Buying an Electric Car in 2023
by Justin Fischer | Last updated Apr 20, 2023 | | 1 Comment
Buying an EV today is no walk in the park, but a good deal can be had with patience, research and flexibility. And having just gone through this process myself, I can confirm it was totally worth the work. These are my secrets to success, and how you can adapt these...

Dealer Add-Ons Decoded: Smart Strategies to Save Money on Your Car Purchase
by Justin Fischer | Last updated Apr 24, 2023 | | 7 Comments
When purchasing a new vehicle, navigating the world of dealer add-ons can be a confusing and sometimes costly experience. These extra features, services, or accessories may be presented as essential or highly beneficial, but they often come with a hefty price tag. In...

Portable Electric Car Chargers: Are They Worth It?
by Justin Fischer | Last updated Sep 6, 2022 | | 1 Comment
You’ve just bought your first EV, and now you’ve come down with a severe case of range anxiety. What’s the remedy? You could conservatively plan for charging stops (and charge at home), or shell out thousands of dollars for a suitcase-sized portable battery. Portable...

Big Names in Autonomous Driving, and Who They’re Partnering With
by Justin Fischer | Last updated Apr 8, 2022 | | 0 Comments
Have you ever seen a driverless vehicle? Not a Tesla, but a moving car, truck or SUV without anyone in the driver’s seat? True self-driving cars are less than a decade away, and key players have established a new industry that’s on the verge of spilling out into the...

The 5 Best Electric Cars to Lease in 2022
by Justin Fischer | Last updated May 6, 2022 | | 0 Comments
We recently shared five affordable electric cars to buy in 2022. “Affordable” only goes so far in today’s auto market, and not a single top pick lists for under $35,000. With battery and charging advancements around every corner, leasing is a great way to keep up with...

The 2022 Polestar 2 is for Fans of a Different Kind of Minimalism
by Justin Fischer | Last updated Apr 4, 2022 | | 0 Comments
When Volvo acquired Polestar in 2015, the Swedish brand was known for high-performance sports cars. A short time later, Volvo reimagined Polestar as an all-electric brand that mixes performance and luxury in a very Scandinavian fashion. Today, the Polestar 2 is one of...

The Federal Trade Commission Is Going After Dealer Junk Fees and Discriminatory Practices
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
November 2022 Update In a huge win for consumers, the FTC announced that it is sending checks to 66,355 customers who were harmed by Napleton's junk fees and discriminatory practices. The payments total $9.8 million. The FTC says that the payouts will average $147...

Automakers Share Q1 Sales: U.S. Sales Decline Across the Board; Japanese Automakers Hit Hardest
by Justin Fischer | Last updated Apr 5, 2022 | | 0 Comments
Auto industry analysts had predicted that US auto sales would decline by 15-18% in Q1. The supply shortage worsened in March, and the prediction was for a 36% decline in sales year-over-year. Now that March has concluded, automakers have released their performance...

CarEdge Dealer Reviews Is the Best Way to Avoid Car Dealer Rip-offs
by Justin Fischer | Last updated Nov 8, 2023 | | 0 Comments
Buying from a dealership can be a stressful, painful experience in 2023. If you’re on the hunt for a good deal, chances are you have experienced this frustration firsthand. What if there was a way to rate and review car dealers so that buyers can cut through the...

President Biden to Use the Defense Production Act to Increase Battery Production
by Justin Fischer | Last updated Apr 4, 2022 | | 0 Comments
General Motors reveals its new Ultium electric platform Multiple sources have told major news outlets that President Biden is days away from announcing that he will invoke the Defense Production Act to accelerate domestic production of raw materials essential for...

Truck Prices In 2022: MSRP Increases Across The Board
by Justin Fischer | Last updated Apr 24, 2023 | | 2 Comments
Trucks are somehow an appreciating asset in 2022. Not a single truck is getting more affordable. With inflation, supply shortages, and transportation backlogs, truck inventory remains at record lows in the US. Here’s just how much truck prices have increased in 2022....

Chip Shortage Forces General Motors to Halt Truck Production
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The semiconductor chip shortage has forced General Motors to halt production of the Chevrolet Silverado and GMC Sierra during the weeks of April 4 and April 11. GM makes these high-margin models at a plant in Fort Wayne, Indiana. Dealers sold 530,000 Chevy Silverados...

5 Reasons Why You Should Plan Ahead Before Buying an Electric Car
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
Sadly, these days it’s not possible to leisurely head to a dealership and pick out the perfect vehicle. Inventory remains at record lows, and supply chain shortages are going to get worse before they get better. The electric lifestyle is an adjustment for most...

Electric Vehicle Price Increases: War in Ukraine to Send Battery Prices Skyrocketing
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
The manufacturing of electric vehicles is a global process, with raw materials from every corner of the globe playing a vital role in battery chemistry. New forecasts from automotive energy analysts predict massive increases in electric vehicle production costs due to...

What Do Interest Rates Mean For Car Buyers?
by Justin Fischer | Last updated Nov 13, 2023 | | 0 Comments
Following the ups and downs of the past two years, automakers, dealers and buyers have seen it all. Low demand in 2020, not enough cars to sell in 2022, and wild swings in pricing. What about the consumer perspective? Things are changing quickly, and it can be hard to...

Japan Earthquake Forces Toyota to Cut Production AGAIN; Chip Suppliers Affected
by Justin Fischer | Last updated Mar 29, 2022 | | 0 Comments
A magnitude 7.4 earthquake struck off the coast of Japan on Wednesday, bringing painful memories of the 2011 earthquake back for many. Four people died in the tremor and its aftermath, and Japanese infrastructure took a severe hit. Areas north of Tokyo have...

The 2024 Honda Prologue Electric SUV: Will It Be Worth the Wait?
by Justin Fischer | Last updated Oct 7, 2022 | | 0 Comments
Honda is late to the electric vehicle party. Now, Honda is depending on General Motors to get their EV plans off of the drawing board and onto the ground. Will their much-anticipated Prologue electric SUV be worth the wait? The automaker’s first North American EV will...

The 10 Best Cars to Lease in 2022
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Buying a car is tricky in today’s market, and even leasing can feel like three-dimensional chess these days. Although 2022 isn’t the best time in history to buy or lease a car, some shoppers don’t have a choice. It doesn’t help that the average new car payment is a...

What Does It Mean to Lease a Car? The Consumer’s Guide to Leasing
by Justin Fischer | Last updated Apr 21, 2025 | | 1 Comment
Buying a new car is rarely a wise financial decision. Truthfully, cars are depreciating assets (unless there’s a chip shortage and car prices appreciate). That means from the moment you drive off the lot with your shiny new wheels, you’re actually losing money. ...

Steering Wheel Optional: In Historic Decision, US Permits Vehicles Without Driver Controls
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
On March 10, 2022, the United States National Highway Traffic Safety Administration (NHTSA) announced safety standards for vehicles without human controls. The historic announcement effectively eliminates the requirement for human controls in future vehicles designed...

What Is Bidirectional Charging? Your Questions Answered
by Justin Fischer | Last updated Nov 8, 2022 | | 2 Comments
Imagine using your vehicle as a backup generator for your home, or even to help a stranded motorist reach their destination. Electric vehicles claim just 5% of new vehicle market share in America, however record gas prices are spurring renewed interest in the EV...

Will Soaring Gas Prices Affect Auto Sales? Here’s Who Is Feeling the Worst Pain At the Pump
by Justin Fischer | Last updated Jun 14, 2022 | | 1 Comment
After surpassing 2008’s record on Monday, gas prices will continue to rise for the foreseeable future. On June 14, the national average reached $5.02 per gallon. The record prices hit some drivers harder than others. With energy experts predicting instability for...

Gas Prices Reach a New Record High, When Will Gas Prices Peak?
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
According to data from GasBuddy, the national average cost of one gallon of gasoline surpassed the 2008 record on Monday, March 7, 2022. The average price per gallon now stands at $4.10. AAA’s average is now $4.07, however several states are already over $4.50. How...

Buying vs. Leasing a Car in 2022 (Pros and Cons)
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
One of the most common questions we get asked at CarEdge is, "What's better right now, buying vs. leasing a car?" In 2022, with car prices going crazy, this question has become even more important to answer. In this article we'll answer a few of the most common...

The Electric Vehicle Dictionary: Welcome to the World of EV Jargon
by Justin Fischer | Last updated Sep 8, 2022 | | 0 Comments
DC chargers, EVSEs, kilowatts and kilowatt-hours, a whole dictionary of new words, units and ownership experiences awaits first-time electric vehicle adopters. There’s a real learning curve that comes along with owning and operating an electric vehicle. Even if you...

Ford Model e: Ford Will Run Their EV Business Separately, Opening a Path for Direct-to-Consumer Sales
by Justin Fischer | Last updated Mar 23, 2023 | | 1 Comment
Finally, the world knows why Ford has yet to name an electric vehicle the ‘Model e.’ On March 2, Ford announced the formation of a distinct unit for electric vehicle operations. The decision paves the way for the automaker to accelerate EV development while opening...
Every Automaker Impacted by the Ukraine Conflict (Updated)
by Justin Fischer | Last updated Jan 30, 2023 | | 2 Comments
Update 3/8/22: As the Ukraine crisis continues, automakers continue to see impacts. The possibility of a looming raw material shortages is beginning to weigh on semiconductor chip production forecasts, with the real possibility of an even worse chip shortage on the...

California Mechanical Breakdown Insurance: What Is It, and How Much Does It Cost?
by Justin Fischer | Last updated Aug 21, 2024 | | 0 Comments
The last thing you want is to buy a vehicle, drive it off the lot, and then be faced with thousands of dollars in repairs. Mechanical breakdown insurance is a way to budget future vehicle repair needs into your financial picture. It's not all that different from how...

2022 Consumer Reports Car Brand Rankings Announced
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
Every year, Consumer Reports sends dozens of car models through half a million miles of track testing and data collection. The non-profit organization buys all of its test cars anonymously from dealers and does not accept free samples from automakers. The Consumer...

Electric Car Maintenance: What to Expect
by Justin Fischer | Last updated May 3, 2022 | | 1 Comment
Electric car maintenance is just one of many “new” experiences you’ll encounter when you buy your first EV. Instead of spending $50 at a gas station in a five-minute fill up, EV drivers plug in at home and spend $5 for an overnight charge. On the other hand, road...

Is This the Beginning of the End For Dealerships? GM, Ford and Now Hyundai Issue Stark Warnings to Dealers
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The ongoing chip shortage has tightened new vehicles supply to the extent that many dealers are adding enormous markups to their inventory. CarEdge previously reported that both General Motors and Ford have sent sternly-worded memos to their dealerships warning...

5 Affordable Electric Vehicles You Can Buy In 2022
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
The average new vehicle sells for nearly $50,000, but not every vehicle costs the same to maintain and operate. Fuel economy, reliability, insurance, and maintenance needs are just some of the factors that determine the total cost of ownership for any...

The 2022 Mercedes-Benz EQS: Price, Range and Why This Is the Most Advanced Mercedes Ever
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Tesla can't be the best at everything. The world's leading electric vehicle manufacturer arguably has the best technology integration, an impressive global charging network, and some of the best range out there. However, Tesla's luxury competitors seem to have found...

How Quickly Are Electric Vehicles Taking Over? EV Sales and Forecasts Paint the Picture
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Despite industry-wide inventory constraints and overall slow new-car sales growth throughout the year, sales of electric vehicles in the US surged to hit a new record in 2021. At the same time that overall new vehicle sales were up just 3.4%, 535,000 electric vehicle...

New Vehicle Supply Improved Slightly in January; Prices Dropped
by Justin Fischer | Last updated Apr 24, 2023 | | 0 Comments
Winter is well underway, and we know that means slower vehicle sales. But new seasonally-adjusted data shows that the picture is improving ever so slightly. New vehicle supply is ticking up, and it looks like new vehicle prices peaked back in December. Here's what the...

The 2023 Fisker Ocean Is an Affordable and Luxurious Electric Crossover That You Can Buy… or Rent
by Justin Fischer | Last updated May 3, 2022 | | 1 Comment
At a time when the average transaction price for a new car is approaching $50,000, a sub-$40,000 electric crossover sounds too good to be true. The Fisker Ocean introduces rare value in the crowding EV segment, however it represents something more for its creator....

Carvana Sold a Stolen, Damaged Vehicle and Would Rather Just Forget About It
by Justin Fischer | Last updated Apr 25, 2023 | | 2 Comments
https://www.youtube.com/embed/qsuoPJSs-NY Carvana's 150 point inspection can't seem to catch some pretty significant problems, such as STOLEN and damaged vehicles. A Denver man has entered into an arbitration lawsuit with Carvana after the online retailer sold him a...

Are Car Prices Going Down? Yes They Are.
by Zach Shefska | Last updated May 3, 2022 | | 5 Comments
We receive a lot of questions here at CarEdge, and one has been more frequent than others recently, "Are car prices going down?" That question has flooded our email inbox, community forum, and YouTube video comment section. The answer is: YES. Both new and used car...

Every Automaker’s Plan for Autonomous Vehicles (Updated)
by Justin Fischer | Last updated May 3, 2022 | | 1 Comment
Independent start-ups, big tech conglomerates and hordes of automakers are all working on self-driving technology. The infinite unknowns of the driving world aren’t going to keep them from confronting the greatest challenge in automotive history. Some are going it...

The Ambassador Bridge Blockade Was a $155 Million Hit to Automakers
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Ford's Rouge Electric Vehicle Center in Dearborn, Michigan, where the Ford F-150 Lightning will be built. Now that the Ambassador Bridge is fully open, automakers are starting to assess the damage. Millions in unexpected expenses and manufacturing delays have...

What Is a Self-Driving Car? Your Guide to Autonomous Vehicles
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
2022 Lucid Air luxury sedan What does 2022 have in common with the 1939 World’s Fair? It’s the feeling that autonomous vehicles are right around the corner. Nearly every automaker, from Tesla to Ford, has overpromised and underdelivered on their plans for autonomous...

Here’s How Much Automakers Spent On Super Bowl Commercials in 2022
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
2024 Silverado EV RST Over 100 million people tune into the Super Bowl each year, and a decent portion show up just for the commercials. Why is the Super Bowl the only night of the year when viewers actually want to see advertising? When a 30 second slot costs...

5 Cars to Buy in 2022
by Justin Fischer | Last updated May 3, 2022 | | 1 Comment
2022 Mazda CX-30 CarEdge recently shared 5 vehicles to avoid in 2022. What about the best deals on the market today? These five vehicles have high resale values, excellent reliability, and reasonable prices. If you’re looking to make a purchase you won’t regret, these...

States Are About to Receive Big Checks for Installing Electric Vehicle Chargers
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
A 2022 Ford F-150 Lightning charges at Electrify America The Bipartisan Infrastructure Bill passed by Congress and signed into law in November allocated federal funding for the build-out of a National Charging Network as soon as possible. In official guidance released...

Another Tesla Recall: Goodbye Tesla Boombox?
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
2022 Tesla Model Y The word “recall” sure is thrown around loosely these days. By now, you likely know that Tesla fixes the vast majority of recalls with an over-the-air software update. In the tenth recall in just four months, Tesla is addressing a pedestrian safety...

5 Cars to Avoid in 2022
by Justin Fischer | Last updated May 2, 2022 | | 0 Comments
What do these five cars have in common? They stink for one reason or another. Transportation is the second biggest purchase most people will ever make, so it’s important to get it right. With the automotive market at all-time highs, it wouldn’t be a good time to have...

Updated: The Bridge to Detroit Is Closed, And Now Automakers Are Halting Production
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
The Ambassador Bridge links Detroit automakers with Canadian suppliers. Source: Ambassador Bridge Update 2/10/2022: The situation on the US - Canada border continues to get worse. Now, GM's Lansing Delta Plant is shut down for the day. The plant, which employs 2,000...

Hyundai and Kia Recall 500,000 Vehicles For Fire Risk. Park These Models Outside!
by Justin Fischer | Last updated Jan 30, 2023 | | 0 Comments
In today’s reminder that combustion vehicles are more fire-prone than electric cars, Korean giants Hyundai and Kia are issuing a recall for half a million American cars, according to an announcement by the US National Highway Traffic Safety Administration...

Nissan Is Ending Most Combustion Engine Development, Shifting Focus to Electric Cars
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The all-new 2023 Nissan Ariya Nissan Chief Operating Officer Ashwani Gupta confirmed earlier reports that Nissan will end development of new internal combustion engines in all major markets except the US. Speaking at Nissan’s shareholder meeting, Gupta assured...

Wholesale Used Car Prices Level Off in January. Is This the Peak?
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Following continued appreciation in December, used car prices were nearly flat in January 2022. The latest data from Cox Automotive’s Manheim Used Vehicle Value Index shows a seasonally-adjusted increase of just 0.04% since December 2021. Does this mean that used car...

Electric Vehicle Sales Double in 2021. Can Chargers Keep Up?
by Justin Fischer | Last updated May 3, 2022 | | 1 Comment
2022 Ford F-150 Lightning Electric vehicles now make up 9% of the global market, and 4.5% of American auto sales. Estimates vary, but many analysts expect electric vehicle sales to reach 40% market share in 2030. Will their crystal ball prove correct? It’s now looking...
The 2022 F-150 Lighting: Pricing, Specs and Why This Is the Swiss Army Knife of Trucks
by Justin Fischer | Last updated Jun 24, 2022 | | 1 Comment
Over the past year, electric trucks have gone from nothing to the most-watched vehicle segment on the planet. Back in the pre-pandemic good ol’ days of 2019, electric trucks were relegated to the concepts of startup fantasies like Rivian, Nikola and Bollinger. Tesla’s...

Batteries NOT Included: VinFast Pricing and Battery Subscription Prices (2023 Deliveries Begin)
by Justin Fischer | Last updated Dec 16, 2022 | | 3 Comments
December 2022 Update: To the dismay of many on social media (particularly Reddit), VinFast made an unwelcome announcement recently. The good news: The first VinFast EVs will arrive in California by January 2023. In fact, there are 999 VF8 electric SUVs on the way to...

New Right to Repair Bill Introduced: What It Means For Consumers, Automakers and Repair Shops
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
A U.S. lawmaker introduced a new ‘right to repair’ bill on Thursday. The legislation proposed by Illinois Representative Bobby Rush (D) takes aim at the auto industry eight years after Massachusetts enacted its own legislation that sent shockwaves through the...

Dealer Profits Are Out of Control! How Is This Possible With No Inventory?
by Justin Fischer | Last updated May 3, 2022 | | 2 Comments
As you meander through the empty lot at the dealership, don’t you dare feel sorry for them. Vehicle inventory is still at all-time lows, and we all know why (it’s the chip shortage!). But dealerships are in the business of making money, and the pandemic and associated...

Tesla Recalls 817,000 Vehicles, Yet Retains a Major Advantage
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
As the South Korea Automobile and Research Testing Institute was running new Tesla models through routine tests, engineers noticed a problem. Under certain conditions, the chime for not wearing a seatbelt would not activate. Specifically, if the chime was interrupted...

Is Now a Good Time to Buy a Car?
by Zach Shefska | Last updated Apr 24, 2023 | | 1 Comment
We receive a lot of questions from CarEdge Members, and this one comes to us nearly everyday; "Is now a good time to buy a car?" While the past year has been anything but normal (used car prices increased more than 35% in 2021), we may actually be coming up on a...

GM Profits Tank in 2021. Can GM Leverage EVs to Increase Income?
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
2024 Silverado EV RST GM continues to sink under the weight of the chip shortage. It’s hitting all automakers, however the latest numbers from GM reveal the extent of the impacts. Automotive News reported that General Motors’ net income is down 39% in the fourth...

What Is Electrify America? The Charging Station For All
by Justin Fischer | Last updated May 3, 2022 | | 2 Comments
The 2022 Hyundai IONIQ 5 charging at Electrify America Some may think of electric vehicles as a concept of the future, but over 2 million EVs are already on American roads. By 2030, that figure may exceed 5 million. Where will all of these EVs juice up on road trips?...

Hybrid Vehicles Are Most Likely to Be Involved in a Car Fire
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Which vehicles are the safest? Crash test ratings and real-world accident statistics are common metrics for safety, but fire data is another big one. Over $1 billion in property damages are incurred annually due to car fires. Although some assume electric vehicles...

The Barrier-Breaking 2022 Lucid Air Is the New Luxury Standard
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
For years, electric vehicle skeptics have had three big demands that would be needed to win them over: range like a traditional vehicle, faster charging, and affordability. With the arrival of the ultra-luxury Lucid Air, the emerging EV-only automaker has achieved two...

Electric Car Safety: Here’s What the Data Reveals
by Justin Fischer | Last updated Apr 20, 2023 | | 0 Comments
Your opinion of electric vehicles likely depends on which side of the news you’ve seen. If you know anything about the Chevy Bolt hazard, you might even scurry to the other side of the street when you encounter one. But does the data support EV skepticism, or is the...

A New Proposed Law Solves Carvana’s Title Issues
by Zach Shefska | Last updated Apr 20, 2023 | | 1 Comment
🚘 Search for cars with no ads A new bill in the state of Florida is quite possibly the most confusing and concerning piece of legislation we've seen in years as it relates to consumers and car buying. SB 1346: Motor Vehicles in the Florida...

The All-New Nissan Ariya EV: Pricing and Range Announced
by Justin Fischer | Last updated Oct 7, 2022 | | 1 Comment
🚘 Search for cars with no ads The all-new 2023 Nissan Ariya is arriving to high expectations. Following a decade of delayed development, controversy, and Nissan’s former leadership in EVs long gone, the Ariya has a lot to live up to. For...

Carvana Lawsuit: Can You Trust Carvana?
by Zach Shefska | Last updated Sep 25, 2023 | | 8 Comments
Is This the Beginning of the End for Carvana? Executive Faces Criminal Charges Legal troubles are mounting for Carvana. The second-largest used vehicle dealer in the nation has faced a class action lawsuit in Pennsylvania, regulatory woes in Florida, a suspended...

The National EV Charging Summit Lays Out the Roadmap For EV Adoption
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The 2022 National EV Charging Summit was held virtually this week, but the pandemic isn’t stopping the golden era of electric vehicles. The summit featured a series of virtual roundtable discussions about the state of EV charging stations in America, and how the...

Over-the-Air (OTA) Updates: How Automakers Are Betting on Software to Keep Up With the Pace of Innovation
by Justin Fischer | Last updated Oct 2, 2023 | | 2 Comments
2024 Silverado EV RST At what point does a car become more of a computer on wheels? Computer integration in the automotive industry is nothing new, however it’s accelerating at breakneck speed. Both software and hardware become outdated in no time at all. Is there a...

Is This the Beginning of the End for Car Dealerships?
by Zach Shefska | Last updated May 13, 2022 | | 1 Comment
When my dad and I founded CarEdge in 2019 we knew that the way people bought cars was inevitably going to change. Our best guess was that the hassle of negotiating a car deal would stick around for another 20, maybe 30 years. We hoped that by then the price of a car...

CES 2022: The 5 Biggest Automotive News Stories
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
CES 2022 was marked by innovations in the metaverse, NFTs, crypto, and sustainability. But many of the greatest headlines from CES 2022 were in the arena of automotive news. Here are five stories that stood out from automakers that brought their best and...

2022 Ford F-150 Lightning Pricing: No Dealer Markups?
by Zach Shefska | Last updated May 3, 2022 | | 0 Comments
It goes without saying that the Ford F-150 Lightning is one of the hottest new electric trucks to hit the market in 2022. With over 200,000 reservations and a groundswell of support to produce more EV trucks, Ford appears to be "all-in" on the F-150 Lightning. So much...

The 2024 Chevrolet Silverado EV Brings Power, Range and a Suite of New Features to GM’s Best-Selling Truck
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
This year’s CES is full of EV headlines, from a Sony EV to Chrysler’s Airflow concept and much more. GM’s accelerated push into electric vehicles made news with multiple head-turning announcements at CES. Arguably, the unveiling of the 2024 Chevrolet Silverado EV is...

New Car Inventory in 2025: Winners and Losers in April
by Zach Shefska | Last updated Apr 16, 2025 | | 2 Comments
At the beginning of April, U.S. dealerships had about 2.69 million new vehicles in stock—a 10.2% drop from 2.99 million at the start of March and a 2.4% decline compared to the same time last year. New vehicle sales saw growth in March, both compared to February and...

How Much Does It Cost to Charge an Electric Car? Here’s How You Can Save Money Charging an EV
by Justin Fischer | Last updated Jun 14, 2022 | | 9 Comments
Update: Every day that we wake up to higher gas prices, the case gets stronger for EV adoption. If only EV prices weren't sky-high. With gas at $4.50, the average American driver commuting 15,000 miles per year can easily save $150 per month or more by going electric....

The 2022 Kia EV6: Kia’s Second EV Is Nothing Like It’s First (Updated)
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Update 1/25/22: At last, Kia has announced pricing for the 2022 EV6. The base EV6 'Light' starts at $40,900, plus a destination fee of $1,215 for a total entry price of $42,115 for 2022. The EV6 does qualify for up to $7,500 in federal tax credits. Will dealer markups...

Every Electric Vehicle On Sale in 2022: Wait Times and Price
by Justin Fischer | Last updated May 20, 2022 | | 4 Comments
(Updated for Summer 2022) As anyone who’s fallen head over heels for one of the many 2022 electric vehicles and clicked that ‘Order’ button can attest, just because you can order an EV in 2022 doesn’t mean you can drive it home this year. This was a problem I faced...

Used Car Price Trends in 2022
by Zach Shefska | Last updated Jun 28, 2023 | | 2 Comments
Updated for 2023: https://caredge.com/guides/used-car-price-trends-in-2023 Used car prices trends for 2022 have been interesting. In 2021, unlike any other time in history, used car prices increased. What used to be a depreciating hunk of metal was an appreciating...

Used Car Price Trends for 2025 (Updated Weekly)
by Justin Fischer | Last updated May 1, 2025 | | 5 Comments
As we enter the new year, used car prices are rising after months of declines. In May 2025, the average used car listing price sits at $25,128. Spring car buying season is here, and tariff uncertainty is compelling more shoppers to make a purchase before prices rise...

The 2023 Cadillac Lyriq Luxury EV Heralds a New Era for GM
by Justin Fischer | Last updated Oct 11, 2022 | | 0 Comments
After five years of offering the Chevrolet Bolt as their flagship EV, the General is going all-in with EVs. Now, all eyes are on the next three electric models. The first has just begun deliveries, the $100,000+ GMC Hummer EV. And now, the 2023 Cadillac Lyriq luxury...

The Importance of Real-World Range With Electric Vehicles
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The EV Learning Curve: Why Is Range So Important? As if anyone needed one more reason to be anxious, some of today’s electric vehicles have inspired a new kind of dread: range anxiety. If you’re new to the world of EVs, you may be wondering why electric vehicle range...

Will GM’s New Ultium Battery Turn the Tide Against Tesla?
by Justin Fischer | Last updated Apr 25, 2022 | | 0 Comments
When GM launched its first plug-in hybrid in 2010, the Chevrolet Volt, turning a profit was an uphill climb. It was a time when EVs were a pipedream to most OEMs. Nissan was nearing the launch of the Leaf, the first fully-electric mainstream vehicle ever. Tesla was a...

When Will Used Car Prices Drop in 2022?
by Zach Shefska | Last updated May 3, 2022 | | 1 Comment
As you're well aware, used cars aren't supposed to appreciate, however in 2021, used car prices have increased by nearly 50% across the industry. That has led many of us consumers to utter a question we never thought we'd have to say, "When will used car prices drop?"...

Updated: The 2022 Chevrolet Bolt EV is a Bargain, But Is It Safe?
by Justin Fischer | Last updated May 20, 2022 | | 1 Comment
May 2022 Update: About half of 2017-2019 model year Bolts have received their recall fix, which includes a brand new battery pack. The new 2022 Bolt and Bolt EUV are back on sale at dealerships, complete with their new batteries. The newly redesigned 2022 Chevrolet...

EV Battery Fires: Everything You Need to Know
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
The Chevrolet Bolt’s recent fall from grace has had many EV-curious drivers wondering if EVs are even safe to drive. A quick look at US vehicular fire data makes it clear that car fires were a problem long before EVs (hey Ford Pinto!), but EVs do bring new challenges...

3 Car Search Websites You Should Actually Use
by Zach Shefska | Last updated Apr 24, 2023 | | 0 Comments
Car search websites are everywhere. Google search "cars for sale" and you'll be greeted by tons of advertisements. It makes sense why — car dealers are willing to pay for leads, so in-turn car search engines are willing to pay to get car shoppers to visit their...

The Hyundai IONIQ 5: Back to the Future in 2023
by Justin Fischer | Last updated Mar 20, 2023 | | 0 Comments
The 2023 Hyundai IONIQ 5 is racking up the awards and trophies. How does the Car and Driver EV of the Year stand out from the competition? It looks different, charges better, and goes further on a charge. Did I mention it rides like a Benz? Let's take a closer look at...

Should I Buy a Car Now or Wait until 2022?
by Zach Shefska | Last updated Apr 24, 2023 | | 2 Comments
Everyday we receive dozens of questions from the CarEdge Community. Recently one question has appeared more and more frequently, "Should I buy a car now or wait until 2022?" Traditionally, the end of the year is the best time to buy a new or used car, and that's...

Charging an EV in America Is About to Get Much Easier
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
If America is to go electric as the automakers claim, access to EV charging stations will have to grow exponentially in just the next few years. As it stands today, there are 63,000 public charging stations, but only 17,460 are fast chargers. That works out to just 37...

The 2022 Tesla Model Y: 4680 Cells Are Here (For Some)
by Justin Fischer | Last updated Jun 28, 2022 | | 0 Comments
In 2021, Tesla’s one-size-fits-all crossover took the top spot in EV sales with over 132,000 sold in the US through November. The 2022 Tesla Model Y represents the electric giant’s staying power as a force to be reckoned with, and legacy OEMs are late to the game....

Will Solid-State Batteries Power Your Next EV?
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Lithium-ion batteries have reigned supreme for two decades now. They’re easily rechargeable, versatile and long-lasting. They even made cell phones and laptops possible. As early electric vehicles like the Nissan Leaf and Chevy Volt began production, the use of Li-ion...

Used Car Prices for December 2021
by Zach Shefska | Last updated Apr 24, 2023 | | 0 Comments
🚘 Search for cars with no ads Used car prices have increased more than 50% in 2021. Historically, used cars decrease in value. You know the old saying about buying a new car? "The moment you drive off the lot, it's worth 20% less." Well, in...

New Car Inventory Levels Decline in December 2021
by Zach Shefska | Last updated Dec 18, 2021 | | 0 Comments
🚘 Search for cars with no ads Each month we have been tracking new car inventory levels. Traditionally the end of the year is the best time to buy a car. This is because automakers provide large incentives to their dealers to sell as many...

2022 Ford Mustang Mach-E: The Popular Electric Crossover Faces a Recall and Stop-Sale
by Justin Fischer | Last updated Apr 10, 2023 | | 0 Comments
When Ford announced that it intended to bestow the Mustang name upon its first dedicated EV, it was a polarizing moment for auto enthusiasts. Now that the dust has settled, many Mach-E drivers feel that the car lives up to the name. After making a debut as a 2021...

Updated: The 2022 Volkswagen ID.4 Electric Crossover – VW’s Shot at Redemption Is Built to Impress
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
Spring 2022 Update: Volkswagen of America has announced upcoming updates for the 2022 model year Prices are up by $765 across the boardDC fast charging speeds will get a bump up to 135 kW and an improved charging curve Range will increase, but VW hasn't shared...

Car Dealer Doc Fee by State in 2025 (Updated)
by Zach Shefska | Last updated Apr 2, 2025 | | 26 Comments
Through the ups and downs of the auto market, one thing remains the same: every state has a documentation fee. Also known as a doc fee, this isn't like the other fees you'll encounter. Be sure to familiarize yourself with what car dealer fees you should and shouldn't...

OEM EV Investments and Roadmaps to Electrification
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
This year’s LA Auto Show marks a turning point for the auto industry. What seemed unlikely a decade ago is now very real: like it or not, OEMs are committed to electrification. There are a whole host of reasons for the shift, from international climate initiatives and...

Can a Dealer Charge More Than MSRP? Yes. Yes. And Yes.
by Zach Shefska | Last updated Apr 25, 2023 | | 21 Comments
Can a car dealer charge you more than the manufactures suggested retail price (MSRP)? If you live in the United States, the answer is an emphatic "yes," and ever since the great chip shortage of 2021 (yes, we are naming it that), more and more car dealers have...

5 Myths About At-Home Charging
by Justin Fischer | Last updated May 3, 2022 | | 0 Comments
One of the greatest benefits of owning an electric vehicle is the affordability and convenience of plugging in. Charging shouldn’t be a hassle. In fact, waking up every morning with a full ‘tank’ of electrons is an added convenience that saves time and money. But EVs...

The 2022 Tesla Model 3: Updates and Pricing for the Top-Selling EV in America
by Justin Fischer | Last updated Jun 28, 2022 | | 0 Comments
(Updated June 2022) A recent survey says that 23% of American drivers say they’re considering an EV for their next vehicle purchase. Some are looking to save on fuel, and others are trying to reduce their carbon footprint. Many are turning to the Tesla Model 3, the...

2023 Subaru Solterra Pricing, Range, and Recalls (October Update)
by Justin Fischer | Last updated Oct 21, 2022 | | 0 Comments
October update: For months, the Subaru Solterra and its Toyota sibling the bZ4X were under a recall and stop-sale. The Solterra recall was due to the risk of the wheels literally falling off. Finally, a fix is in, and the Solterra is about to go on sale. But is it...

9 EVs Making Their Production-Ready Debut at the LA Auto Show
by Justin Fischer | Last updated Dec 7, 2021 | | 0 Comments
This year’s Los Angeles Auto Show features the debut of several electric vehicles to the North American market. With so many competitively priced EVs hitting the roads next year and the likelihood of expanded EV rebates or tax credits, the future is looking electric....

Tesla Price Increases: $10,000 More Today Than Last Year
by Zach Shefska | Last updated Nov 19, 2021 | | 0 Comments
Tesla price increases used to be a somewhat infrequent and relatively innocuous occurrence. Not anymore. So far in 2021 the Model 3 has increased in price (MSRP) 23%. The Model Y is not far behind at a 20% price hike! What's behind the Tesla price increases? Should we...

The New EV Tax Credit in 2023: Everything You Need To Know (Updated)
by Zach Shefska | Last updated May 17, 2023 | | 33 Comments
2023 Update: Major revisions to the EV tax credit were signed into law as part of the Inflation Reduction Act of 2022. Here's what you need to know about the latest EV tax credit revision proposal: The 200,000 sale cap is replaced with an expiration date of December...

Carvana Sold Someone a Stolen Truck … Seriously | VIN Cloning
by Zach Shefska | Last updated May 3, 2022 | | 0 Comments
Carvana (allegedly) sold someone a stolen truck. Yes, you read that correctly. A viral video on TikTok from a woman named Erin Stitt depicts the saga her and her boyfriend went through buying a 2018 Chevy Silverado Midnight Edition from Carvana, only to be stopped by...

The Nonnegotiable “Destination Charge” Is Increasing Rapidly
by Zach Shefska | Last updated Jan 25, 2023 | | 0 Comments
Used and new car prices are climbing through the roof, and the rapidly increasing "destination charge" could be the culprit. The increase in destination charges, also known as "shipping" or "freight" charges has increased so rapidly that three class action lawsuits...

New Car Features You Won’t Get Because of the Chip Shortage (Updated)
by Zach Shefska | Last updated May 3, 2022 | | 32 Comments
Updated April 2022 Automakers are in a pickle: delay production of cars because of a lack of chips, or produce cars, trucks, and SUVs missing some features customers have come to expect? It's fascinating to see how different automakers are handling this once in a...

New Car Inventory Levels Increase 1.3% – November 2021
by Zach Shefska | Last updated Dec 8, 2021 | | 2 Comments
If you're looking to buy a new car anytime soon, you're in for a rude awakening ... Finding a new car for sale right now in the United States is borderline impossible. Typically, manufacturers stock their dealers with a nearly 100 day supply of inventory. Right now,...

New 2022 Toyota Tundra Prices Are 15% Higher than Last Year
by Zach Shefska | Last updated Nov 19, 2021 | | 0 Comments
Toyota Tundra prices are going up, up, up. Each model year automakers increase their base MSRP, however this year the percentage increase is especially impressive. Amidst the ongoing chip shortage, and quarterly earnings that show significant declines in manufacturer...

The Perfect Storm: Why Some New Car MSRPs Will Be 10% Higher in 2022
by Zach Shefska | Last updated Nov 19, 2021 | | 0 Comments
Chip shortage? Check. Magnesium shortage? Check. Labor strikes? Check. If you could wave a magic wand and imagine what a "perfect storm" scenario would look like to drastically reduce automakers production capabilities, you'd probably describe something like what...

Used Car Prices for November 2021
by Zach Shefska | Last updated Apr 24, 2023 | | 0 Comments
The latest on used car prices: Used car prices typically follow seasonal patterns. Winter, and the fourth quarter are traditionally when the used car market experiences most of its yearly depreciation. So far, in this fourth quarter of 2021 used car prices have...

The Cheapest & Most Expensive Cars to Maintain Per Year
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
Access the full cost to maintain data set here: https://docs.google.com/spreadsheets/d/1U1UYB3IxMzx2TdPTdHizbwL0T6MwRJRhzxDXoNlrGK8/edit?usp=sharing Here at CarEdge we're all about having the right information at the right time to make informed and educated decision....

Under $20,000 Cars? There Are Only Seven Options.
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
Do you remember when new cars cost less than $20,000? Well, those days are officially behind us. As of November 1st, 2021, there are only seven new cars that you can purchase for under $20,000. And, with used cars appreciating in value, there are even fewer used...

How to Get A Low Interest Rate on a Car Loan in 2023
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
Buying a car is tricky. After negotiating a fair selling price, you need to be ready to go to battle for round two; negotiating a fair auto loan rate. Many car buyers think, "I'll negotiate the selling price of the vehicle, and then I am all set!" This couldn't be...
GM, Ford, and Volkswagen Hit Hard By Chip Shortage
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
General Motors reported net income that was 40% lower than the same period last year. Ford's net income was off 24%, and Volkswagen's fell 12%. As you know by now, no automaker has been able to sidestep the effects of the ongoing chip crisis. Every automaker has faced...
Hertz Orders 100,000 Teslas Worth $4.2B
by Zach Shefska | Last updated Oct 29, 2021 | | 0 Comments
On Monday October 25th, Hertz announced their intention to purchase 100,000 Teslas, worth an estimated $4.2B to electrify their rental car fleet. The company partnered with Tom Brady to announce the launch. As you may remember, Hertz nearly went bankrupt earlier in...
Automakers With the Most & Least Loyal Customers
by Zach Shefska | Last updated Nov 19, 2021 | | 2 Comments
Which brands retain the most customers? When it comes to car buyers, loyalty is a fierce competition. BMW vs. Mercedes-Benz, Toyota vs. GM, the list goes on and on. Which automakers have the most and least loyal customers? Well, Experian has the answer. Their latest...
New Car Incentives Are Down 42% Year-over-Year
by Ray Shefska | Last updated Nov 19, 2021 | | 1 Comment
A few years ago, a typical car deal would include thousands of dollars of "incentives" to help a dealership seal the deal with a customer. Nowadays, new car incentives are few and far between. As the ongoing chip shortage (and new magnesium shortage) have hampered...
The Magnesium Shortage May Cause Car Production to “Stop”
by Zach Shefska | Last updated Nov 19, 2021 | | 1 Comment
As if the auto industry needed another issue ... After nearly a year of dealing with a chip shortage, automakers are on the precipice of dealing with a potentially even more crippling shortage: magnesium. The magnesium shortage has recently been reported by the...
Which Brands Prices Have Increased The Most & Least in 2021?
by Zach Shefska | Last updated Apr 20, 2023 | | 12 Comments
Cars, trucks, and SUVs are very expensive right now. New or used, no matter where you look, prices are high. That being said, some brands have experienced larger price increases than others. Today we'll take a look at the automakers who have seen the largest and...
Which States Have the Most & Least New Car Inventory?
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
New car inventory levels have plummeted as a result of the ongoing chip shortage and supply chain issues. With car buyers looking at empty lots and more and more consumers turning to "online dealers" to find the car, truck, or SUV they're looking for, we wondered "Do...
Cars With The Most & Least Inventory – October 2021
by Zach Shefska | Last updated Nov 19, 2021 | | 1 Comment
New car inventory levels are currently at all-time lows. Take a drive down your local “automobile row” and you’ll see there aren’t many cars for sale on dealership lots. The ongoing chip shortage has dramatically impacted major automakers — GM recently had their worst...
Used Car Prices Are Going up (And It Doesn’t Look like They’re Going to Stop Anytime Soon)
by Zach Shefska | Last updated Apr 20, 2023 | | 1 Comment
The latest on used car prices: Updated 10/27/21 Wholesale used car prices are increasing in value more rapidly than before. Car prices appreciated .83% this past week. Conventional wisdom no longer holds true; used cars are appreciating assets. For the past 18 months,...
Used Car Prices Are Going Up … Again
by Zach Shefska | Last updated Nov 19, 2021 | | 2 Comments
Well, that was short lived. After 21 straight weeks of appreciation, it had looked like used car prices were finally returning to normal (aka depreciating). Following the 21 straight weeks of appreciation, we experienced seven straight weeks of declining used car...
New Vehicle Inventory Levels Hit All Time Low (Ford, Honda, Toyota)
by Zach Shefska | Last updated Apr 20, 2023 | | 1 Comment
New vehicle inventory levels have plummeted. The ongoing semiconductor shortage has caused automakers to cut production. Drive around town and you'll see your local car dealership likely doesn't have much inventory on their lot, and if they do, it's likely used...
Buying a Car in Another State: The Latest Updates For 2025
by Ray Shefska | Last updated Mar 14, 2025 | | 14 Comments
Buying a car is already a complex process, and purchasing a vehicle in another state can make it even more overwhelming. With inventory levels fluctuating, many car buyers are expanding their search beyond to find the right vehicle at the best price. We'll walk you...
How We Ran out of Cars in the US
by Zach Shefska | Last updated Nov 19, 2021 | | 6 Comments
As a result of the global pandemic, we have seen changes across every industry. The automotive sector has experienced some of the most dramatic. It’s not unethical to say that we’re running out of new cars in the United States right now. Earlier this year lumber...
You Can Sell a Leased Car for a Profit (Here’s How Much)
by Zach Shefska | Last updated Apr 20, 2023 | | 6 Comments
The idea of selling a leased car for a profit was once a foreign concept. Today —amidst an ongoing chip shortage and subsequent new vehicle shortage — selling a leased vehicle for a profit is more common than you think. How can you sell your leased car and make the...

How to Factory Order a Car in 2025
by Ray Shefska | Last updated Feb 26, 2025 | | 11 Comments
In 2025, more drivers are opting to “factory order” a vehicle instead of buying one off the lot. This trend began during the new car shortages of the pandemic, and has stuck around ever since. For many car buyers, factory ordering is an unfamiliar purchase process and...
5 Things You Need to Know about the Dealership Finance Office
by Kimberly Kline | Last updated Apr 20, 2023 | | 1 Comment
🚘 Search for cars with no ads You’ve finally settled on a new car. Test drives, negotiating and all the going back and forth has you feeling a little worn down but you’re almost done! All you have to do is sign a few papers and you’re out. So...
AutoCheck vs. Carfax: What you really need to know
by Zach Shefska | Last updated Apr 25, 2023 | | 3 Comments
🚘 Search for cars with no ads As a result of ongoing new vehicle production shortages, used cars, trucks, and SUVs are in high demand. This means that "rougher" and "edgier" used vehicles are making their way to dealership lots for sale to...
Why You Should Lease Instead of Buy Right Now
by Zach Shefska | Last updated Apr 20, 2023 | | 29 Comments
You don’t have to look far to see that there is currently something unprecedented going on in the automotive industry. From the empty dealership lots you drive by, to the news stories you’re hearing about a “chip shortage,” it’s clear something very serious is...
What’s Going to Happen When the Bubble Bursts (Car Prices)
by Zach Shefska | Last updated Apr 25, 2023 | | 7 Comments
🚘 Search for cars with no ads Currently, there is a global shortage of new cars, trucks, and SUVs. Manufacturers like Ford, GM, and many others have been struggling for months to supply their dealerships with enough new inventory to keep up...
CarEdge Extended Warranty
by Zach Shefska | Last updated Apr 24, 2023 | | 9 Comments
CarEdge was founded in 2020. We specialize in providing a number of solutions to our members to help them secure a great deal on a new car. As a part of our comprehensive tools for car buyers, we also offer vehicle service contracts ("extended warranties") through our...
Why Doesn’t CarEdge Sell Extended Warranties in California?
by Zach Shefska | Last updated Apr 24, 2023 | | 10 Comments
“We’re calling you to tell you about your vehicle’s extended warranty …” If you’re like most people, seemingly everyday you get a spam call from an “extended warranty” company. Extended warranties, officially known as vehicle service contracts (VSCs) suffer from a...
Endurance vs. CARCHEX Extended Warranty
by Zach Shefska | Last updated Apr 24, 2023 | | 3 Comments
Vehicle service contracts, colloquially called extended warranties, are agreements that are designed to cover specific kinds of mechanical breakdowns. While these are similar to the warranty that comes with a new car when you buy it at the dealership, because it’s...
CarEdge vs. Endurance Extended Warranty
by Zach Shefska | Last updated Apr 24, 2023 | | 7 Comments
One thing that every car owner knows is that a repair bill can strike at the most unexpected time. One way that some consumers choose to protect themselves against these unexpected expenses is by purchasing a vehicle service contract (VSC), known colloquially as an...
CarEdge vs. CarShield Extended Warranty
by Zach Shefska | Last updated Aug 20, 2024 | | 4 Comments
2024 Update: CarShield is facing a lawsuit from the FTC over misleading customers about the limitations of their contracts. Learn more about this lawsuit. For the time being, we advise looking elsewhere for your car's extended warranty. When you’re buying a car, one...
CarEdge vs. CARCHEX Extended Warranty
by Zach Shefska | Last updated Apr 24, 2023 | | 0 Comments
Vehicle service contracts (VSCs), colloquially known as extended warranties, are commonly purchased to mitigate the risk of a financially devastating repair bill. Instead of being hit with expensive repairs, your VSC will take care of manufacturer’s defects that arise...
5 Phrases to Say When Negotiating a Car Price
by Zach Shefska | Last updated Apr 25, 2023 | | 11 Comments
When it comes to buying a car, there are definitely no “magic words” that will convince a salesperson to give you an amazing deal, but there are a few phrases that can give you leverage in negotiations. Ready to learn how to negotiate with a car salesman? Great! Let’s...
Success Story: Michael
by Ray Shefska | Last updated Apr 23, 2021 | | 0 Comments
Everyone loves a good success story. At CarEdge, we take great pride in giving our customers the knowledge and confidence they need when they’re buying a car. Today, we’re going to meet Michael. Michael was in the market for a specific make and model of vehicle, but...
What’s a Better Value in 2021: Used or New?
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
Updated September 22, 2021 One of the oldest pieces of wisdom that people have passed around about buying a car is that it’s always better to buy a used car. In fact, nearly 70% of Americans say they would consider buying a used car, according to Cision. Is this...

How to Get the Original Window Sticker for Any Vehicle (Free)
by Zach Shefska | Last updated Jan 27, 2025 | | 28 Comments
If you're buying a new car in 2025, odds are high that you'll take a look at the vehicle's window sticker (also known as the Monroney Sticker). Window stickers are federally mandated to be displayed on all new cars, trucks, and SUVs. Used vehicles however are a...
Endurance vs. CarShield Extended Warranty
by Zach Shefska | Last updated Apr 24, 2023 | | 0 Comments
There’s a heated debate among car owners about whether it’s worth it to extend a car warranty via a vehicle service contract. A vehicle service contract (VSC) is similar to a manufacturer warranty, except it’s offered by a third-party provider. We think that...
What Can I Learn from a CarFax Report?
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
Understanding the history of a used car before you buy it is vital, but it can sometimes be difficult to get a full and accurate picture. Some sellers may lie about the condition of a vehicle or simply not remember everything that’s happened to it. This is where a...
Success Story: Mike C.
by Ray Shefska | Last updated Apr 16, 2021 | | 0 Comments
We love hearing from our CarEdge members about their recent car deals. It’s always wonderful to see the ways they’ve used our solutions to negotiate and secure an excellent deal on their next car. Today, we’ll take a look at a story from Mike C. about his recent car...
Success Story: Melissa
by Ray Shefska | Last updated Apr 25, 2023 | | 3 Comments
We love to hear success stories from the members at CarEdge. It’s great to see how people are putting our tools and information to use and securing excellent deals on their new purchases, sales, and trade-ins. Today, we’re going to share a success story from Melissa....
Trade In a Car and Use It to Your Advantage
by Ray Shefska | Last updated Apr 25, 2023 | | 1 Comment
Trading in your car can help you to buy a new car without having to put a large amount of money down. However, you need to keep in mind that dealerships will want to sell you a new car for as much as they can, while paying you as little as possible on your trade-in....
What Are Car Brokers and Should I Use One?
by Ray Shefska | Last updated Nov 7, 2023 | | 4 Comments
Most people don’t look forward to buying a car. While the act of owning a new car is enjoyable enough that some people can power through it, it’s just not worth it to everyone. That’s where car brokers come in. Car brokers can help you to navigate the automotive world...
Guide to Buying, Selling, and Trading EVs
by Ray Shefska | Last updated Jan 23, 2025 | | 3 Comments
If you’re looking for a new car, you might be tempted to investigate a new or used electric vehicle (EV). An EV is powered entirely by electricity that charges your battery at charging stations. There are a number of unique factors that must be considered as a result,...
Is It Better to Sell a Car or Trade It In?
by Ray Shefska | Last updated Apr 11, 2025 | | 1 Comment
It’s time to buy a new car. What should you do with your current car? You have two primary options: Trade it in at a dealership or sell it privately. Deciding whether you should trade or sell a car requires careful consideration. Today, we’re going to discuss...
Myths That First-Time Car Buyers Believe
by Ray Shefska | Last updated Jan 23, 2025 | | 2 Comments
Car-buying myths seem to be just as common as urban legends. Nobody knows how these myths get started. We’re willing to bet they get started when someone misunderstands the terms of a deal or when they misunderstand car buying in general. First-time car buyers can...
Success Story: Rich
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
At CarEdge, we love to hear from our members about a great deal they’ve scored. It’s fun to see the ways that people are putting our solutions and knowledge to practical use to save some money! Today, we’re going to highlight a story from Rich about the easy sale he...
How to Buy a Car in 2021
by Ray Shefska | Last updated Jan 23, 2025 | | 4 Comments
🚘 Search for cars with no ads Are you thinking about buying a car in 2021? Understanding how to buy a car goes beyond just a few simple tips. To be successful (and get a fair deal), you’ll need to be aware of current market conditions, know...
The Different Books for Car Valuations
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
You need to know how much your vehicle is worth, plain and simple. However, there are seemingly countless books for car valuations out there. Which ones are worth your time and which ones should you ignore? Today, we’ll go over the different value books, examining how...
What Are MMR Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
🚘 Search for cars with no ads How much is the car dealership going to offer you for your vehicle? You can bet that they’ll come in with a low offer, so you should be prepared with plenty of information to allow you to counter that offer....
What Are Galves Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
🚘 Search for cars with no ads Understanding the value of your car is vital when you’re thinking about trading it in or selling it privately. This can help you to know that you’re not asking for an overinflated price, but also need to be aware...
What Are Edmunds Values?
by Ray Shefska | Last updated Apr 18, 2025 | | 0 Comments
You need to know the value of your car before you start to think about trading it in or selling it privately. With either option, you’ll need to know how to set your price accurately. Otherwise, you run the risk of selling it for too little or asking too...
What Are Red Book Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
Knowing the value of your vehicle is vital to ensuring that you receive a fair price for it, whether you seek out a private sale or a trade-in. Whichever way you plan to sell your car, you need to know what it’s worth. That’s why Red Book values were created: To...
What is vAuto?
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
🚘 Search for cars with no ads The value of your car plays an important role in getting you into your next car. You might decide to use your old car as a trade-in, or perhaps you’d like to sell it privately and use that cash as a down payment....
What Are NADA Guides Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
🚘 Search for cars with no ads Whether you’re selling your car privately or trading it in to a dealership, you absolutely need to understand the value of your vehicle. The last thing that you want to do is get taken advantage of because you...
What Are Black Book Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 6 Comments
Understanding how much your car is worth is vital when you want to sell it privately or trade it in at a dealership. Without knowing your car’s value, you risk expecting too much or selling it for far too little. That's where Black Book values matter. There are quite...
What Are Kelley Blue Book Values?
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
🚘 Search for cars with no ads Determining the value of your used car requires more just than a rough estimate. When it comes to trading in your vehicle or selling it to a third party, accurate pricing is important. Without it, you run the...
Success Story: Dana
by Zach Shefska | Last updated Jan 23, 2025 | | 1 Comment
We love hearing about the successful car purchases that our members are able to make. Their stories perfectly illustrate that anyone can use CarEdge to save time buying a car while also getting a fair deal. Even better, our members often share that they’ve become...
Success Story: David Lott
by Zach Shefska | Last updated Jan 23, 2025 | | 2 Comments
We regularly receive comments and emails from CarEdge members in which they share how they use our solutions to help secure an excellent car deal. We like to highlight these stories to inspire other members like yourself! Today, let's take a look at the experience of...
Dealership F&I Office Glossary of Terms
by Ray Shefska | Last updated Apr 25, 2023 | | 18 Comments
🚘 Search for cars with no ads If you’ve bought a car before, you’ve experienced the “F&I office.” Shrouded in secrecy, the F&I office, which stands for Finance and Insurance, is one of the greatest profit making centers within a car...
Success Story: Misti Hardy
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
We love to hear success stories from our members! Recently, we got an email from a subscriber who leveraged the CarEdge platform to expertly navigate the car buying process to secure a fair price to expertly navigate the sales process and secure a fair price for their...
Success Story: John Stubbe
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
We love to hear about the great deals our members secure using the things they've learned from CarEdge. One of our regular viewers recently reached out to us to share that they got a great deal on a Toyota Venza. They were able to buy the car with a great interest...
Success Story: Rebecca Silva
by Zach Shefska | Last updated Apr 25, 2023 | | 6 Comments
We love to hear stories from our community members when they’ve used CarEdge to score a great deal on their dream car. We recently received an email from one of our members who shared the recent experience she had when using our strategies to buy a new Toyota RAV4. ...
Ford Invoice Prices & Ford Employee Pricing (Updated for 2021)
by Zach Shefska | Last updated Apr 25, 2023 | | 14 Comments
🚘 Search for cars with no ads Whether you're buying a Ford F-150 or a Ford Explorer, knowing the invoice price that a Ford dealer paid for the vehicle is important for negotiations. Knowing the Ford employee pricing plans can also be...
The Car Chip Shortage Continues: Updated for 2022
by Zach Shefska | Last updated Apr 25, 2023 | | 13 Comments
👇 Click on a date to jump to information from that time period: 🚘 Search for cars with no ads Chip Shortage Update 7/19/22 More than 100,000 vehicles were cut from North American production schedules last week, the biggest weekly cuts in...
Hyundai Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Hyundai has increased its quality by leaps and bounds over the years. While they had a rough start, they are now well worth purchasing. Even so, manufacturer’s defects can still happen. That’s why we recommend purchasing an extended warranty. But is the warranty from...
Infiniti Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Infiniti is known for crafting luxurious cars that provide a smooth ride. While they take pride in their work, mistakes do happen. That’s where extended warranties come in. These warranties protect you from manufacturer defects and prevent costly repair bills. While...
Jaguar Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Jaguar is the ultimate name when it comes to luxurious vehicles for automobile enthusiasts. While they certainly create a quality vehicle, mistakes still happen in manufacturing. Having an extended warranty can help to prevent you from having an expensive repair bill....
Kia Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 1 Comment
Kia may have started by manufacturing bicycle parts, but now, they’re one of the world’s largest automakers. They produce quality cars, but manufacturing mistakes do happen. Having an extended warranty will protect you against a hefty repair bill should a defect...
Jeep Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
We recommend that people buy extended warranties for their vehicles to protect them against costly repair bills. While buying one at the dealership is usually not the best choice, you should still investigate extended warranties for your car at some point during your...
Lincoln Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 1 Comment
Lincoln is known for creating luxurious automobiles that stand the test of time. However, manufacturer’s defects still happen. That’s why having an extended warranty can save you from having a costly repair bill. But should you buy it directly from Lincoln? Find out...
Lexus Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Lexus is one of the top names that come to mind when auto enthusiasts talk about a reliable yet luxurious vehicle. Even though they produce quality cars, mistakes can still happen. An extended warranty can help provide extra protection in case of a manufacturer’s...
Mazda Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Mazda is known for producing affordable and reliable vehicles. However, manufacturer defects can still happen. To protect yourself against these defects and hefty repair bills, we suggest having an extended warranty. But should you purchase that warranty directly from...
Mini Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Mini creates a unique and precisely engineered car that has attracted enthusiasts from all walks of life. Even though they are well-crafted cars, manufacturer’s defects can still occur. That’s why we always suggest covering your vehicle with an extended warranty. But...
Mercedes Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Mercedes are known for precision engineering combined with luxury interiors. Even with all their attention to quality, manufacturer’s defects still occur. That’s why we suggest that you cover your vehicle with an extended warranty. But should you get it directly from...
Nissan Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Nissan is known for producing affordable and reliable vehicles. However, mistakes can still lead to manufacturer’s defects. That’s why we always suggest that people extend their factory warranty to prevent costly repair bills. But would it be best to buy it directly...
Porsche Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Porsche has a reputation for manufacturing finely tuned automobiles. We appreciate the precision used in the engineering and production of their cars, but mistakes can still happen. That’s why we always recommend that long-term car owners invest in an extended...
Land Rover Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Land Rover is a premium name in luxury SUVs. While they certainly earned their reputation, mistakes still happen and cars can roll off the line with manufacturer’s defects. Having an extended warranty can prevent you from having a costly repair bill due to these...
Honda Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Honda makes cars believed to last a lifetime. Even though their precision manufacturing has earned them this reputation, mistakes still happen. Having an extended warranty means more coverage if there is a manufacturer’s defect in your vehicle. But should you get this...
Ram Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Ram is known for crafting sturdy vehicles with immense power. Even with the best standards of manufacturing, though, mistakes can still happen. That’s why we suggest buying an extended warranty. A Ram extended warranty will protect you against manufacturer’s defects...
Subaru Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Subaru is known for making rugged and reliable vehicles that stand the test of time. Even with this reputation, manufacturer’s defects can still occur. That’s why we always recommend buying a vehicle service contract to protect you from hefty repair bills down the...
Tesla Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Tesla has been steadily taking the automobile world by storm over the past few years. While there's a lot to be excited about, manufacturer's defects can still occur in Tesla cars. That's why we always suggest covering your purchase with an extended warranty. But...
Toyota Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Toyota is known for producing extraordinarily reliable vehicles that will last a lifetime. Even with that reputation, if you’re especially risk averse, there can be good reason to purchase an extended warranty on a Toyota vehicle. A Toyota extended warranty will...
Volvo Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Volvo has a reputation for manufacturing high quality, sporty vehicles. While they certainly produce great cars, mistakes in manufacturing can still happen. That’s why we always suggest purchasing an extended warranty so that you’re protected from an expensive repair...
GMC Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
GMC produces sturdy, reliable automobiles. That being said, even the best cars can still have manufacturer’s defects that occur from time to time. Having an extended warranty can help to provide additional coverage when these issues occur. While we never advise buying...
Ford Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Ford likes to market itself as a tough, durable automaker. While some Ford fans will back this up, Fords can still have problems. That’s where a Ford extended protection plan, also known as an extended warranty, comes into play. These types of plans provide added...
Fiat Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Fiat crafts luxury vehicles with the level of precision we’ve come to expect. However, even in the best assembly lines, mistakes can happen and manufacturer’s defects can occur. That is when a Fiat extended warranty can help to protect you from expensive repairs. But...
Dodge Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Dodge is known for building sturdy cars and trucks that stand the test of time. Even with that solid reputation, their cars can still have manufacturer’s defects. That’s why buying a Dodge vehicle service contract, also known as an extended warranty, can often be...
Chrysler Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
An extended warranty is a great way to avoid costly repair bills. While it's not usually worth buying at the dealership, we still suggest that you think about adding an extended warranty to your new or certified pre-owned car. Should you buy the one from Chrysler?...
Chevrolet Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Chevy is known for building reliable cars and trucks, but they certainly aren’t free from defects in the manufacturing process. With the many moving parts involved in any vehicle, every automaker has the potential to make mistakes. That’s why Chevy offers an extended...
Cadillac Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Cadillac is the authority in providing a smooth, luxurious ride. However, even well-crafted cars can have issues. Opting for a vehicle service contract, otherwise known as an extended warranty, can help you to prevent a massive repair bill if something happens to your...
Buick Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Buick has a reputation for building solid, reliable vehicles. Even with that reputation, breakdowns still happen. Having an extended warranty helps to protect you from massive repair bills. If you're thinking about a dealer warranty, take a look at our Buick extended...
BMW Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
BMW is one of the top names that come to mind when people think about luxury vehicles. Their cars are designed to last and to deliver top-of-the-line performance. Still, manufacturer defects can happen, even in these premium cars. If you're thinking about buying an...
Acura Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Purchasing an Acura vehicle service contract provides a longer and more comprehensive warranty than what comes with your vehicle. Opting for an extended warranty is typically a good idea, but you still need to purchase the correct plan for what you need. If you plan...
Audi Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Audi is one of the top names in luxury vehicles, so it makes sense that you might want to protect your investment with an Audi extended warranty. We’re about to cover everything you need to know about the extended warranty offer from Audi, including the different...
Mitsubishi Extended Warranty Review
by Ray Shefska | Last updated Apr 24, 2023 | | 0 Comments
Mitsubishi is known for being a smaller automaker with intriguing cars. They craft quality vehicles, but mistakes still happen. That’s why we suggest purchasing an extended warranty to protect you from hefty repair bills. But is it best to buy one from Mitsubishi?...
3 signs you should walk away from a car deal
by Ray Shefska | Last updated Apr 25, 2023 | | 3 Comments
Undoubtedly, buying a car is one of the most challenging purchases you’ll ever endure (the key word here is “endure,” because it really can be a test of wills to buy a car). For many, purchasing a car, truck, or SUV is the second largest expense they’ll ever have,...

How Do I Know If I Got A Good Deal On a Car?
by Zach Shefska | Last updated Feb 14, 2025 | | 10 Comments
Buying a car is extremely confusing. There are add-on offers, sales prices, the out the door price, special rebates … The list goes on and on. By the time you finally agree to the numbers, you’re left wondering, “How do I know if I am getting a good deal or not?” And...
What is Car Dealer Holdback?
by Zach Shefska | Last updated Apr 25, 2023 | | 8 Comments
Dealer holdback is an amount of money paid to a car dealership from the manufacturer on each new vehicle they sell. Every automaker offers a different amount, but typically, dealer holdback is a percentage of the MSRP that ranges between 1% and 3%. Dealer holdback is...
What to Do at the End of a Car Lease
by Ray Shefska | Last updated Apr 20, 2023 | | 3 Comments
When it comes to the end of a car lease, you have a few different options for what you can do. To make the best choice possible, it’s important to understand a few factors that go into the different lease-end options you have at your disposal. Deciding what to do at...
CarMax Love Your Car Guarantee: What You Need to Know
by Zach Shefska | Last updated Apr 25, 2023 | | 4 Comments
CarMax just announced a new program that is the first of its kind: The CarMax Love Your Car Guarantee. We scoured the Internet for every piece of information we could find on this new guarantee to put this post together for you. In this CarMax Love Your Car Guarantee...
F&I Menu Selling: Don’t Fall for It!
by Ray Shefska | Last updated Apr 20, 2023 | | 15 Comments
🚘 Search for cars with no ads You just negotiated and agreed to a car deal. Congratulations! Now isn’t the time to put down your guard … As one sales process ends, another is about to begin. You see, the F&I (finance and insurance) office...
The 4-Square: Don’t Get !@#$%& When Buying a Car
by Ray Shefska | Last updated Apr 25, 2023 | | 2 Comments
Misdirection is the secret to every magic trick ever created. It's also the secret to the smoothest tricks performed by car salespeople. One classic old-school dealer close is called the 4-square close. It's a specific type of close that's been used for decades and is...
The 3 “M” Close: Don’t Fall for It When You’re Buying a Car!
by Ray Shefska | Last updated Apr 25, 2023 | | 8 Comments
Over the years I’ve heard (or used) every old-school dealer close in the book. “Closes” range from the salesperson putting “soft” pressure on you while acting as your “friend” to more advanced tactics like the 4 square. There is a certain art to it (as there is in all...
Craziest Dealership Stories
by Ray Shefska | Last updated Jan 23, 2025 | | 2 Comments
It's no surprise that working in the auto industry since the 70’s has yielded dozens of crazy stories. Zach asked me to gather together some of my craziest dealership stories in one place. You’ll hear some good ones, some bad ones, and they’re all a sneak peek into...

GAP Insurance Explained: Not Every Car Buyer Needs It
by Zach Shefska | Last updated Jan 23, 2025 | | 13 Comments
🚘 Search for cars with no ads If you're buying a car, you're probably wondering if you could shave a few dollars off of your monthly payment by removing GAP coverage from your bill of sale. Before you do, it's very important to determine if...
Should I Pay Cash for A Car in 2024?
by Ray Shefska | Last updated Jan 23, 2025 | | 10 Comments
Here at CarEdge we get a lot of emails from car buyers like you looking for advice on how to get the best car deal possible. The question "should I pay cash for a car?" Comes into our inbox daily. If you've managed to save up enough cash to buy a car, kudos to you....
Infiniti Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
Infiniti is a brand known for quality and luxury, so how does their certified pre-owned program stack up to the rest? If you’re interested in buying an Infiniti certified pre-owned vehicle, you need to know the ins and outs of their program. We are about to dive into...
Porsche Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
To some, Porsche is the epitome of luxury and quality. While that’s an arguable perspective, we can’t deny that Porsches provide a certain level of luxury to their car owners. If you’re a Porsche fan, going for a certified pre-owned vehicle might be an ideal way to...
Genesis Certified Pre-Owned Program Review
by Zach Shefska | Last updated Jan 23, 2025 | | 0 Comments
Genesis is one of the premium luxury brands that people often want to buy brand-new. That isn’t always necessary, though. You can buy a Genesis certified pre-owned (CPO) vehicle that looks completely new without the brand-new Genesis price. We’re about to dive into...
Jaguar Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
Jaguar is the ultimate luxury brand in some people's eyes. While that's arguable, nobody can deny that they provide a smooth, comfortable ride. However, they have quite a hefty price tag. Fortunately, they have a certified pre-owned (CPO) program that makes getting...
Volvo Certified Pre-Owned Program Review
by Zach Shefska | Last updated Jan 23, 2025 | | 3 Comments
Volvo seems to have a group of hardcore fans who refuse to drive anything else (heck, I used to be one of them!) Buying a Volvo certified pre-owned vehicle is an excellent way for these fans, or casual appreciators, to get into a Volvo that is in excellent condition...
Lexus Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
Lexus is one of the leading names in luxury cars. Along with that comes a larger price tag than other vehicles. That’s why many buyers opt to buy a Lexus certified pre-owned vehicle instead of a brand-new car. It’s a great way to drive a Lexus without breaking the...
Mini Certified Pre-Owned Program Review
by Zach Shefska | Last updated Jan 23, 2025 | | 0 Comments
Mini is one of those brands that attracts certain people and retains them for life. With a unique style and particular offering, people often become lifelong fans of Minis. However, getting into a brand-new Mini can be quite expensive. Fortunately, Mini offers a...
Fiat Certified Pre-Owned Program Review
by Zach Shefska | Last updated Jan 23, 2025 | | 0 Comments
Anyone looking to get into a Fiat may be deciding between a new or used vehicle. Yet, there’s a third option: certified pre-owned (CPO). A certified pre-owned car has been owned before, but it’s been thoroughly inspected and comes with a warranty. It’s the perfect...
Land Rover Certified Pre-Owned Program Review
by Zach Shefska | Last updated Jan 23, 2025 | | 0 Comments
For many, Land Rover is the best luxury SUV brand in the market. They've made a name for themselves, and many people who are drawn to SUVs end up wanting a Land Rover. The problem is that they can be incredibly expensive to buy brand new. While you can always go for a...
Alfa Romeo Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
Alfa Romeo is a legendary Italian automaker that has created quite the name for itself over the years. Due to their reputation and performance heritage, it's expensive to get into a brand-new Alfa Romeo. Thankfully, Alfa Romeo has a certified pre-owned (CPO) vehicle...
Lincoln Certified Pre-Owned Program Review
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
Lincoln is one of the top names in the luxury vehicle market. If you’re looking at getting into a Lincoln, you should consider looking into their certified pre-owned (CPO) program. You’ll be looking at cars that have been inspected and come with a warranty. It’s a...
Mercedes-Benz Certified Pre-Owned Review
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
Mercedes-Benz is the ultimate name in luxury cars. If you want a smooth ride with an impeccably designed interior, you want a Mercedes-Benz. However, the new car price is often a deterrent. Luckily, a certified pre-owned (CPO) program is available that allows you to...
Cadillac Certified Pre-Owned Review
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
Cadillac has a long-held reputation for providing a luxurious ride. Depending on who you ask, they’re also the epitome of class. Anyone looking to drive a Cadillac should consider the Cadillac certified pre-owned (CPO) program. It’s a way to buy a slightly used,...
Unethical Car Dealer Practices to be Aware of Before You Buy a Car
by Zach Shefska | Last updated Jan 23, 2025 | | 8 Comments
Some car dealers do everything they can to be transparent, honest and showcase their integrity. Others do whatever they can to make an extra buck. While we'd love to tell you about all the great car dealers out there, we're here to be your advocate in the car buying...
How to Piss Off A Car Salesperson: 5 Things Customers Do That Frustrate Car Salespeople
by Ray Shefska | Last updated Jan 23, 2025 | | 1 Comment
Anyone who has ever held a job can tell you a few things that were annoying about it, even if it was their absolute dream job. Selling cars is no different; there are several things customers do that simply annoy car salespeople. It's almost as if some people are...
Car Dealer Won’t Negotiate with You? Here’s How to Negotiate Car Prices.
by Ray Shefska | Last updated Jan 23, 2025 | | 9 Comments
Buying a car in 2020 is a bit surreal. As a car buyer, you have many (and varied) options for where you can go to purchase a vehicle. Your options range from digital dealerships with “car vending machines” to traditional dealerships that still fill out credit...
Audi Certified Pre-Owned Review
by Ray Shefska | Last updated Jan 23, 2025 | | 4 Comments
Audi certified pre-owned vehicles are an excellent choice for someone who wants luxury and reliability without paying brand new car prices. It's a great alternative to buying a questionable Audi off Craigslist. We're about to go over the Audi CPO program's intricacies...
Hyundai Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 8, 2020 | | 0 Comments
We always recommend buying a certified pre-owned (CPO) vehicle instead of a ‘side of the road’ used car. With a CPO vehicle, you have the peace of mind knowing that it was thoroughly inspected and comes with a warranty. We’re about to take a look at the Hyundai CPO...
General Motors Certified Pre-Owned Review
by Zach Shefska | Last updated Dec 8, 2020 | | 1 Comment
Buying a General Motors certified pre-owned vehicle allows you to get a stable, warrantied car for a fraction of the price of a new car. We always steer people towards a CPO vehicle over a used car whenever we can. We’re about to go over the General Motors certified...
Volkswagen Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 8, 2020 | | 0 Comments
Anyone looking to buy a brand-new Volkswagen should first consider going for a certified pre-owned vehicle. A Volkswagen certified pre-owned car comes with a warranty, inspection, and includes a few perks. We’re about to dive into the Volkswagen CPO program, examine...
Acura Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 8, 2020 | | 0 Comments
Acura is known as a luxury brand, and the Acura certified pre-owned program irrefutably defends that reputation. The program provides an impressive warranty, thorough inspection, and goes above and beyond with more perks than most CPO programs. Thanks to the included...
Nissan Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 8, 2020 | | 0 Comments
Anyone looking at buying a used car should first consider purchasing a certified pre-owned vehicle from a dealer. A CPO vehicle has many benefits over a Craigslist used car, primarily that it has been thoroughly inspected and comes with a warranty. We’re about to dive...
BMW Certified Pre-Owned Review
by Zach Shefska | Last updated Dec 8, 2020 | | 0 Comments
All around the world, BMW has a specific reputation for providing quality, luxurious cars. However, buying a brand-new BMW is quite costly. That's why we recommend going for the BMW certified pre-owned vehicle program. You can get into a BMW that's been inspected and...
Ford Certified Pre-Owned Review
by Zach Shefska | Last updated Dec 8, 2020 | | 0 Comments
Buying a Ford certified pre-owned vehicle is a fantastic way to own a relatively new Ford that comes with a warranty and has been inspected. You don’t need to pay new car prices to have a car with a warranty. We often advise people to go for a CPO vehicle over a...
Kia Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 3, 2020 | | 1 Comment
Buying a Kia certified pre-owned car means your new vehicle has been thoroughly inspected and comes with a comprehensive warranty. Nine times out of ten suggest going for a certified pre-owned vehicle over a Craigslist used car, as long as the financials make sense....
How to Buy a Car from a Private Seller
by Ray Shefska | Last updated Apr 25, 2023 | | 1 Comment
Whether you're going through eBay, Craigslist, or Facebook Marketplace, you need to know how to buy a car from a private seller. We're here to arm you with information you can use to secure a reliable car and avoid scams (which are all too prevalent on these peer to...
Chrysler Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 3, 2020 | | 1 Comment
Buying a Chrysler certified pre-owned vehicle is a great way to buy a quality car without having to pay brand new sticker prices. A CPO vehicle has been thoroughly inspected and comes with a warranty to give you peace of mind. We will always suggest buying a CPO car...
Subaru Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 3, 2020 | | 2 Comments
There are a multitude of factors that affect the value of a used car. The vehicle's condition, any remaining manufacturer warranties, etc, etc. One way you can take the guesswork out of the used car buying process is by choosing a used vehicle that's been certified...
Ram Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 3, 2020 | | 0 Comments
Buying a Ram certified pre-owned vehicle is an excellent option for anyone who wants to get into a quality vehicle without paying new car prices. They offer a thorough 125-point inspection to ensure that any car they certify won’t break down on you any time soon....
Mazda Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 2, 2020 | | 0 Comments
You’ll feel confident with your purchase when buying a Mazda certified pre-owned vehicle. Their 160-point inspection carefully scrutinizes and tests every major and minor component in each car before it earns the ‘certified pre-owned’ designation. We’re about to go...
Dodge Certified Pre-Owned Review
by Ray Shefska | Last updated Dec 3, 2020 | | 0 Comments
Buying a certified pre-owned vehicle is a great way to have the sticker price of a used car but with all of the same confidence you have when purchasing a new car. You’re guaranteed to receive a car that has undergone a comprehensive inspection to ensure that...
When Is the Best Time to Buy a Car?
by Ray Shefska | Last updated Sep 21, 2023 | | 1 Comment
Knowing when dealers are highly motivated to sell can help you plan your car purchase around the best deals. Our team of Car Coaches has decades of combined experience, and always keeps a pulse on the auto market. There was no debating the best times to buy a car....
2020 Negotiability Report: The Top 10 Vehicles You Can Negotiate Right Now
by Zach Shefska | Last updated Apr 25, 2023 | | 6 Comments
You've heard us say it before, and you'll hear us say it again; December is the best month to buy a new or used vehicle. End of year sales promotions are typically the most aggressive of the year, dealerships are determined to hit their month-end, quarter-end, and...
How to Buy a Car with No Credit (or Bad Credit)
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
Having bad credit, or no credit, and wanting to buy a car is not impossible. Depending on the rest of your financial situation, you can absolutely learn how to buy a car with no credit. We’ll be focusing on the no credit or bad credit aspects of car buying in this...
How to Sell Your Car (And Get the Most Money Possible)
by Ray Shefska | Last updated Sep 29, 2021 | | 6 Comments
Updated 9/29/21 Knowing how to sell your car for the most money possible has never been more important. In 2021 we've seen used car prices appreciate nearly 30%, which means the car (or truck, or SUV) in your driveway is worth way more than when you originally bought...
Black Friday Car Deals: Buy Now or at the End of the Year?
by Ray Shefska | Last updated Apr 20, 2023 | | 11 Comments
Are there really “Black Friday car deals?” Each year it seems the Black Friday tradition has started earlier and earlier, with retailers having Black Friday promotions a week before Thanksgiving even happens. What happens this year amidst the global pandemic is...
How Much Do Dealers Make on New Cars?
by Ray Shefska | Last updated Nov 7, 2023 | | 20 Comments
Trust me, I know buying a car isn't easy. Believe it or not, neither is selling a car. After doing it for 43 years, I can assure you that being on either side of a car deal isn't the most pleasant experience either. This is in large part because of information...
RepairSmith & The Future of Auto Repair, With Joel Milne | Episode 22
by Zach Shefska | Last updated Nov 15, 2020 | | 2 Comments
Today Zach interviews Joel Milne, CEO of RepairSmith. Zach and Joel discuss the automotive repair industry, how RepairSmith helps their customers, and more. Listen to all Auto Insider podcast episodes here: https://caredge.com/topics/podcast/ Joel is a serial...
How to Buy a Car: A Case Study
by Ray Shefska | Last updated Apr 20, 2023 | | 3 Comments
“How to buy a car 101” should be a mandatory course taught in high schools throughout the United States. It’s incredible that modern day car buying is as aggravating, infuriating, and convoluted as it is, but that doesn’t mean every car shopper shouldn’t know the...
Everything You Need to Know About Extended Warranties | Episode 21
by Zach Shefska | Last updated Nov 8, 2020 | | 0 Comments
Today Ray and Zach do a deep dive into extended warranties. Many people are unaware that extended warranties on cars are typically not extended warranties. What do I mean? They're actually vehicle service contracts. What's the difference? Tune in to find out! Access...

Are Vehicle Service Contracts Worth It? Everything You Need to Know
by Zach Shefska | Last updated Feb 12, 2025 | | 3 Comments
A Vehicle Service Contract (VSC) is an automotive protection plan that covers the cost of certain repairs and breakdowns in exchange for an upfront or monthly fee. Unlike auto insurance, which covers damage from accidents, a VSC helps pay for mechanical failures and...
Extended Warranty: Everything You Need to Know
by Zach Shefska | Last updated Mar 19, 2024 | | 10 Comments
🚘 Search for cars with no ads As if buying a car wasn’t hard enough, purchasing add-ons like an extended warranty can be even more frustrating and irritating for car shoppers. For starters, what if I told you that the phrase “extended...
3 Key Ingredients to Negotiate a GREAT Car Deal | Episode 20
by Zach Shefska | Last updated Nov 8, 2020 | | 0 Comments
Today Ray and Zach discuss the three key ingredients you need to have in order to negotiate the best possible car deal. Ray goes in depth on each, and provides examples for how they work and why it is so important you have them. Access the Market Price Report now:...
New & Used Car Buying Checklists: From a Former Car Dealer
by Ray Shefska | Last updated Apr 20, 2023 | | 4 Comments
The car buying checklists we’ve created below are meant to help guide you during your car buying journey. If only buying a car was a simple and easy task … We all know it isn’t. Use the car buying checklist below to make sure you do your due diligence before spending...
Costco Auto Buying Program Review (Former Car Dealer)
by Ray Shefska | Last updated Nov 9, 2023 | | 11 Comments
Costco is one of the largest membership clubs in the world. With an estimated 100 million members worldwide, there are certainly some great perks to being a part of the wholesale club. Beyond bulk groceries and home-goods, Costco offers their members access to the...
How Much Should I Spend on a Car? Know The 10% Rule. | Episode 19
by Zach Shefska | Last updated Oct 28, 2020 | | 0 Comments
Today Ray and Zach Shefska discuss how much you should spend when buying a car, truck, or SUV. Ray explains the 10% rule, where you take 10% of your gross income, and allocate that as your maximum total vehicle payment (including insurance, gas, etc.) Read the...
Nissan “Slapped on the Wrist” with $4M Fine for Illegally Repossessing Vehicles
by Ray Shefska | Last updated Oct 18, 2020 | | 0 Comments
From 2013 and 2019, Nissan Motor Acceptance Corp., the financial arm of Nissan, illegally repossessed hundreds of vehicles from consumers. In a document filed by The Consumer Protection Bureau on October 13th, 2020, Nissan Motor Acceptance Corp. is said to have...
How to Buy a Car During the Coronavirus Pandemic | Episode 18
by Zach Shefska | Last updated Oct 18, 2020 | | 0 Comments
Buying a car isn't easy. Buying a car, truck, or SUV during a global pandemic? That's even more challenging. On today's episode of Auto Insider from CarEdge, former car dealer Ray Shefska provides his advice for how you can buy a car from home during the ongoing...
Do Car Dealers Get along with Automakers?
by Ray Shefska | Last updated Oct 12, 2020 | | 0 Comments
Buying a car is a convoluted process. If you’ve ever gone through it you know that it entails a lot of online research, a handful of in-person test drives with salespeople in tow, and eventually a day long negotiation process to finally (hopefully) consummate a car...
How Reliable Is Carfax? Can You Trust a Carfax Report?
by Ray Shefska | Last updated Apr 20, 2023 | | 10 Comments
Purchasing a vehicle is no easy task. One way to make the process a bit more confidence inspiring is to get a Carfax on a used vehicle to better understand it’s history. That begs the question though, how reliable is a Carfax report? Carfax, and their primary...
Buy a Car Online With These Email Templates (Copy & Paste)
by Ray Shefska | Last updated Apr 17, 2024 | | 53 Comments
Buying a car shouldn't be so damn hard. Since the pandemic, more and more car dealerships have started offering ways for you to buy a car online. That being said, negotiating a fair car deal is (in some ways) easier than ever before. To buy a car online you need to be...
4 First Time Car Buyer Tips
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
The internet is full of guides and blog posts titled “first time car buyer tips.” A quick google search yields thousands of articles with “pro tips” for how a first time car shopper should approach the car buying process. Sadly, many of those articles are full of...
10 Best-Selling Cars, Trucks, and SUVs of 2020 (So Far)
by Zach Shefska | Last updated Oct 12, 2020 | | 1 Comment
Unlike years past, the best selling cars, trucks, and SUVs are hard to come by right about now. With record low inventory levels, car dealers are finding it harder than ever before to keep their dealerships stocked with the vehicles shoppers are looking for. Whether...
How To Protect Yourself in Automotive Finance with Randy Henrick | Episode 17
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
Today on the Auto Insider podcast Randy Henrick, a 30-year expert in consumer protection laws and auto dealer sales and F&I compliance joins the show. Randy has an extensive career as a customer advocate in automotive finance. He worked for 12 years for...
Title Washing: How a Vehicle Without Airbags Was Sold (7 times) with a Clean Title
by Ray Shefska | Last updated Apr 25, 2023 | | 2 Comments
Car dealers catch a lot of flack. The annual trustworthiness of professions poll from Gallup ranks car salespeople at the bottom of the list. To suggest that car people aren’t held in high regard would be an understatement. It doesn’t help when car dealerships engage...
BMW Finally Got Caught! $18M In Fines & This Is Just the Beginning
by Ray Shefska | Last updated Oct 2, 2020 | | 2 Comments
The Securities and Exchange Commission recently announced $18M in fines that BMW and two of their subsidiaries must pay for having provided misleading and inaccurate retail sales information to their investors. The SEC report reads: According to the SEC’s order, from...

How to Negotiate at CarMax, Carvana, and Other “Negotiation Free” Car Dealers
by Ray Shefska | Last updated Apr 18, 2025 | | 21 Comments
We all know that buying a car is harder than it needs to be. From the prolonged sales process to the trip to the “back office” for financing and warranty sales, buying a car certainly isn’t as fun as you’d think the second largest purchase of your life should be....
I sold cars for 43 years. Here are 3 reasons why you should NEVER go into the car business | Episode 16
by Zach Shefska | Last updated Sep 27, 2020 | | 1 Comment
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates Get early access to the upcoming Market Price Report: https://caredge.com/market-price-report/ Stay connected with Ray, Zach, and CarEdge here: https://www.instagram.com/shefska/ &...
Buying a Repossessed Car: Here’s What You Need to Know
by Zach Shefska | Last updated Apr 20, 2023 | | 2 Comments
Buying a repossessed car carries a lot of stigma. Why was the vehicle repossessed? Did the previous owner maintain it at all? Am I getting a great deal because it was a repo? Savvy car buyers who are looking for great deals will inevitably find themselves researching...
Buying a Car on Craigslist? Here Are 4 Things You Need to Do First.
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
As if buying a car wasn’t difficult enough, buying a car on craigslist, eBay, or from any private party ads an additional layer of complexity. Knowing you are buying a car that is reliable and safe is one concern. Making sure you get a fair price is yet another. At...

Car Trade in Tactics for Success
by Ray Shefska | Last updated Apr 29, 2025 | | 3 Comments
As if buying a car wasn’t tricky enough, the equation becomes even more complex when the topic of your trade-in comes into play. If you’re like one of the millions of car buyers each year that trades-in their car at the time of purchase, you’re most likely wondering,...
The Origin Story of CarEdge| Episode 15
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates Access Deal School FOR FREE: https://caredge.com/deal-school Stay connected with Ray, Zach, and CarEdge here: https://www.instagram.com/shefska/ & https://www.instagram.com/yourautoadvocate/...
Sell to Carvana: My Honest Review
by Zach Shefska | Last updated Apr 29, 2025 | | 68 Comments
Updated for 2025 When it comes time to say goodbye to your current set of wheels, you have plenty of options. You could sell to Carvana, sell to CarMax, sell to a private party, or perhaps trade in at the dealership. The list goes on and on. Recently, I went through...
Want to buy a used car? So does everyone else.| Episode 14
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates Access Deal School FOR FREE: https://caredge.com/deal-school Stay connected with Ray, Zach, and CarEdge here: https://www.instagram.com/shefska/ & https://www.instagram.com/yourautoadvocate/...
What is a pre-purchase inspection?
by Ray Shefska | Last updated Aug 9, 2024 | | 19 Comments
🚘 Search for cars with no ads Some things in life are worth checking twice. For example, when you leave your home it isn’t a bad idea to double check that you locked the door. Checking twice can save you a lot of headache, right? The same...
Common Car-Buying Mistakes: 4 Things You Should NEVER Do When Buying a Used Car
by Zach Shefska | Last updated Apr 20, 2023 | | 0 Comments
Buying a used car in today’s market is like trying to ride a unicycle in grass — difficult. If you’re uninformed, you could easily overpay, fall victim to predatory fees, or even end up with a clunker. There are common car-buying mistakes you can (and should) avoid,...

Car Dealership Fees: Which Add-Ons Are Legit, and Which Are Fake?
by Zach Shefska | Last updated Dec 30, 2024 | | 62 Comments
Dealership fees and add-ons can add up to hundreds and even thousands of dollars, but that doesn’t mean you have to pay them. It's no secret that dealer markups are ruining car buying. This guide to car dealer fees will help you understand common fees, spot hidden or...
Used Car Prices Increase 4.1% – With Julie Blackley of iSeeCars.com| Episode 13
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates BECOME A BETA TESTER, PLEASE! https://caredge.com/ Stay connected with Ray and Zach here: https://www.instagram.com/shefska/ & https://www.instagram.com/rasisjaz/ You don’t need to look far to...
For cars, it’s a seller’s market. | Episode 12
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates BECOME A BETA TESTER, PLEASE! https://caredge.com/ Stay connected with Ray and Zach here: https://www.instagram.com/shefska/ & https://www.instagram.com/rasisjaz/ Today Ray and Zach discuss...
Deal School is officially live — negotiate like a pro!
by Zach Shefska | Last updated Apr 25, 2023 | | 5 Comments
What is Deal School? Deal School is an entirely free online curriculum that is intended to teach you the bare minimum of what you should know before you buy a car. Taught by Ray and Zach Shefska, Deal School is two and half hours of video content, plus six quizzes to...
Here’s Why Car Prices are About to Plummet in America | Episode 11
by Zach Shefska | Last updated Apr 25, 2023 | | 1 Comment
Connect with us on Facebook: https://www.facebook.com/yourautoadvocates BECOME A BETA TESTER, PLEASE! https://caredge.com/ Stay connected with Ray and Zach here: https://www.instagram.com/shefska/ & https://www.instagram.com/rasisjaz/ Today Ray and Zach discuss...
3 Ways to Sell Your Car For the Most Money
by Zach Shefska | Last updated Sep 25, 2023 | | 5 Comments
You want to sell your car, but you're not going to let go of it easily. It's always worth the effort to sell your car for the most money possible. Once you've made the decision to sell, another question comes to mind: “where should I sell my car to get the most...
Should You Sell Your Car to Carvana, Automotive Refinance, and More, With Nicholas Hinrichsen | Episode 10
by Zach Shefska | Last updated Apr 25, 2023 | | 2 Comments
Nicholas Hinrichsen Negotiating tips, money-saving tricks, and car buying advice from CarEdge team of experts: https://caredge.com/guides/ Learn more about CarEdge here: http://caredge.kinsta.cloud/ Today Ray and Zach welcome Nicholas Hinrichsen, who...
No-Haggle Pricing: What You Need to Know (CarMax, Carvana, Vroom, Etc.) Former Dealer Explains! | Episode 9
by Zach Shefska | Last updated Apr 25, 2023 | | 2 Comments
Negotiating tips, money-saving tricks, and car buying advice from CarEdge team of experts: https://caredge.com/guides/ Learn more about CarEdge here: http://caredge.kinsta.cloud/ Today Ray and Zach discuss negotiation free dealerships (also known as one-price...

Top 5 Best Car Research Websites
by Zach Shefska | Last updated Feb 26, 2025 | | 0 Comments
Google search “car research websites” and you’ll be greeted with about a half dozen advertisements and nearly 1 trillion search results. If you thought it would be easy to find a website to help you research your next ride, you’re in store for some analysis paralysis!...
“Buckle Up: Navigating Auto Sales and Financing” — What You Need to Know
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
The Federal Trade Commission recently released a report highlighting the struggles consumers encounter when trying to buy a car. The report, titled, “Buckle Up: Navigating Auto Sales and Financing,” is a 13 page Staff Report produced by the Bureau of Consumer...
FINALLY: Used Car Prices Have Peaked!! Insights from Inside the Car Dealership RIGHT NOW | Episode 8
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Negotiating tips, money-saving tricks, and car buying advice from CarEdge team of experts: https://caredge.com/guides/ Learn more about CarEdge here: http://caredge.kinsta.cloud/ Today Ray and Zach share new insights about the used car market. Between the Hertz Rental...
Should I Buy a Car During the Coronavirus Pandemic? | Episode 7
by Zach Shefska | Last updated Apr 25, 2023 | | 1 Comment
Negotiating tips, money-saving tricks, and car buying advice from CarEdge team of experts: https://caredge.com/guides/ Learn more about CarEdge here: http://caredge.kinsta.cloud/ Today on Auto Insider, Ray and Zach discuss what you need to know about buying a car...
What really happens when a car salesperson goes to ‘talk to the manager’?
by Ray Shefska | Last updated Feb 1, 2024 | | 2 Comments
Trust is at the crux of any human interaction. Whether you’re navigating the aisles at the grocery store, having a conversation with your significant other, or interacting with your boss at work, trust plays a critical role in how we approach each and every aspect of...
Out-the-Door Price: The Number You Should Really Be Negotiating | Episode 6
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Try the free out-the-door price calculator here: https://caredge.com/out-the-door-price/ More notes on out-the-door price here: https://caredge.com/guides/out-the-door-price/ What I’m about to say may sound foolish, but it’s true. When it comes to buying a car,...
How Much Should I Spend on a Car? Follow This Easy Rule.
by Ray Shefska | Last updated May 22, 2024 | | 0 Comments
For many, buying a car is the second most expensive purchase they’ll ever make. Buying a depreciating asset (a vehicle) for tens of thousands of dollars is a major financial commitment. If you’ve ever asked yourself, “How much should I spend on a car?” You're not...
Should You Lease or Buy Your Next Vehicle? | Episode 5
by Zach Shefska | Last updated Apr 25, 2023 | | 1 Comment
Read the buy vs. lease guide here: https://caredge.com/guides/buy-or-lease/ Access the Out-the-Door Price Estimator here: https://caredge.com/out-the-door-price/ Visit our sponsor here: https://findthebestcarprice.com/insider Ah, the age-old question: Should you lease...
How Much Do Dealers Pay for Used Cars?
by Ray Shefska | Last updated Dec 11, 2023 | | 5 Comments
It’s an age old question … How much do dealers pay for used cars? As if buying a car wasn’t tricky enough, the used car market is somehow even more mysterious and unknown than its new car sibling. As I always like to say, “no two used cars are the same,” and for that...
How Car Dealers Are Trained to Sell Cars | Episode 4
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Have you ever wondered how car salespeople are trained to sell a car? Today Ray shares a peek behind the curtain into the standard training all salespeople encounter, and the training he used with his sales staff. As you navigate your car buying journey, it's...
How You Can Be an Informed Used Car Buyer | Episode 3
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Buying a used car is not easy. No two used cars are the same, and today Ray and Zach discuss the steps you can take to feel more confident on your used car buying journey. From certified pre-owned to private party, Ray and Zach breakdown what you need to know before...
How You Can Be an Informed New Car Buyer | Episode 2
by Zach Shefska | Last updated Apr 25, 2023 | | 3 Comments
It's unfortunate, but buying a new car is undoubtedly difficult. During this episode, Ray and Zach discuss the steps you should take before beginning your buying process. From doing your research, to knowing what to say to the dealer, Ray and Zach break down step by...
Why Is Buying a Car so Damn Hard? | Episode 1
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
9% of Americans trust car salesmen, a Gallup poll reported. Only 26% of consumers feel confident when shopping for a car a Capital One survey found. And, 87% of car shoppers dislike the dealership experience, says Rethink Retail. Why is buying a car so damn difficult?...
Used Cars: Should You Buy a Rental Car?
by Ray Shefska | Last updated Apr 25, 2023 | | 0 Comments
It goes without saying that there are many different sources you can use to buy a used car. From Carvana, to CarMax, to the dealer down the street, used cars are everywhere, but one often forgotten source of used cars are rental vehicles. Should you buy a rental car,...
What Can You Negotiate When Buying a Car?
by Ray Shefska | Last updated Nov 8, 2023 | | 2 Comments
There are so many moving pieces involved in a car deal, the price of the car, the taxes, the fees, what about your trade-in? The list goes on and on. Knowing what you can negotiate when buying a car is easier said than done. Fortunately for you, after spending 43...
How We Negotiate a Car Deal by Email (with Real Life Examples, Templates, and More!)
by Ray Shefska | Last updated Nov 9, 2023 | | 10 Comments
Buying a car online is more common today than ever before. As such, a lot of people ask us, “How do you negotiate a car deal over email?” Or, “How do you negotiate a car deal without going into the dealership?” Those are two great questions, and today I thought we’d...
Out-the-Door Price: The Number You Should Really Be Negotiating
by Ray Shefska | Last updated Apr 25, 2023 | | 13 Comments
Click here to calculate your out-the-door price with our free calculator! Understanding the true cost of a car can be challenging, but the key lies in knowing the out-the-door price, which includes all additional fees and charges. To ensure you have a clear...
Your Vehicle Purchase Agreement: How to Read & Understand It
by Ray Shefska | Last updated Nov 9, 2023 | | 2 Comments
🚘 Search for cars with no ads Buying a car isn’t easy. Finding the right vehicle, negotiating a fair price, sitting through the finance and insurance office ... It’s a long, tenuous, and generally uncomfortable journey. The final hurdle you...
The Five Most Important Things I Learned in 40+ Years in the Car Business
by Ray Shefska | Last updated Apr 25, 2023 | | 1 Comment
The car business has taught me a lot over the 40+ years that I’ve been a part of it. Today I wanted to share with you the five most important things I learned during that time: 1. Be you. Be who you are — warts and all. It took me a while, but over the years, I...
The Ultimate Guide to Dealer Invoice Price Lookup: Your Key to Negotiation Leverage!
by Ray Shefska | Last updated Apr 18, 2025 | | 22 Comments
A car's invoice price is the amount that a car dealership pays the manufacturer for a vehicle. By understanding how this price determines the overall sticker price of a vehicle, you can shop smart when hunting for deals. In this guide we'll show you how to look up the...
What Hertz’ Bankruptcy Means for Used Car Prices
by Ray Shefska | Last updated Apr 25, 2023 | | 1 Comment
As billions of people shelter in place, many household brand names are struggling to find their footing. Hertz Rental Car is one of them. With the drastic decline in travel (both business and personal), Hertz is faced with more uncertainty than ever before. As Hertz...
Honda Certified Pre-Owned Review
by Ray Shefska | Last updated Apr 25, 2023 | | 3 Comments
Used car buying can be stressful. Our Honda Certified Pre-Owned review is meant to help. One of the perks of buying a certified pre-owned vehicle is knowing that it meets the manufacturer’s standards for quality and worthiness. That being said, every manufacturer has...
The Car Buyer’s Glossary of Terms, Lingo, and Jargon
by Zach Shefska | Last updated Aug 5, 2024 | | 10 Comments
Buying a new car is no simple task. Stepping foot into a dealership can sometimes feel like you’re entering a new world. The lingo, the slang, the terminology. It’s all intimidating. Not to mention the fact that engaging with many car dealers is like pulling teeth to...
Toyota Certified Pre-Owned Review
by Zach Shefska | Last updated Apr 25, 2023 | | 13 Comments
When it comes to buying a used car, the process can be intimidating. One way to make it “easier” is to buy a certified pre-owned car. Toyota offers a certified used program, and below we’ll discuss its pros and cons. If you’re thinking about buying a certified...
How to End Your Car Lease Early (Explained by a Car Dealer)
by Ray Shefska | Last updated Apr 20, 2023 | | 7 Comments
🚘 Search for cars with no ads One thing you learn as you get older is that there’s no such things as an “easy way out.” Although, when it comes to ending your car lease early you may have a few options. Depending on your circumstances, there...
Coronavirus Car Buying: Is Now a Good Time to Buy a Car?
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
Since the beginning of time, one aspect of business has always held true: cash is king. Without cash on hand, no business can survive for too long. Car dealerships are no exception to this rule, and as Coronavirus disrupts the lives of every person across the globe,...
Coronavirus Car Deals: The Comprehensive List of COVID-19 Related Car Incentives
by Zach Shefska | Last updated Apr 25, 2023 | | 0 Comments
What's happening across the globe right now is unprecedented. Coronavirus and COVID-19 are drastically changing the way human beings live their lives. Yet, having said that, car manufacturers are still determined to sell cars. Whether you're in the market for a new...
How Do Car Dealerships Make Money? (Explained by a Former Car Dealer)
by Ray Shefska | Last updated May 2, 2024 | | 0 Comments
To many, car dealerships appear as profit making machines. Most people fear that when they go to buy a car they’ll get taken advantage of, and that the dealer will be making thousands upon thousands of dollars off of them. The reality is that car dealerships are...
What to Know When Buying a Car Long Distance from a Dealer
by Ray Shefska | Last updated Apr 25, 2023 | | 3 Comments
Buying a car is no easy task. Buying a car long distance from a dealer can prove even more challenging. For the average person, what to know when buying a car long distance from a dealer can be confusing and complex. Fortunately it doesn’t have to be. Let’s discuss...
Monroney Sticker & Window Sticker Explained by a Former Car Dealer
by Ray Shefska | Last updated May 2, 2024 | | 5 Comments
When it comes to cars, there’s a lot of jargon. So much so, that the already confusing process of buying a car, can get even more challenging for someone who isn’t well versed in automotive lingo. Throw in terms like monroney sticker, window sticker, and more on top...
Answering an Age Old Question, Why Do Cars Go to Auction?
by Ray Shefska | Last updated Nov 8, 2023 | | 1 Comment
When you go to buy a car, don’t be surprised if the dealer you’re purchasing it from bought the car at an auction. The “ins and outs” of used car auctions remain unknown to many, however they aren’t too terribly complex. Many people have asked me “why do cars go to...
The 3 Things You Need to Bring with You When Buying a Car (If You Want to Be Taken Seriously)
by Ray Shefska | Last updated Jan 23, 2025 | | 2 Comments
Knowing what to bring with you when buying a car can be one of the most intimidating aspects of the process. You know you’re serious about buying a new car, but you aren’t 100% sure what documents you need to have with you when you step foot in a dealership. That’s...
3 Ways to Know How Much Can You Negotiate on a New Car – Insights From a Former Dealer
by Ray Shefska | Last updated Apr 18, 2025 | | 9 Comments
“I got a great deal.” “How do you know?” I asked? “Well, I negotiated over $2,000 off the original price, so I’m pretty sure I made out well. Didn’t I?” After doing this for as long as I have, it doesn’t take long to burst someone’s bubble. “Maybe you did… I know when...

What to Do If You’re Scammed by Car Dealership
by Ray Shefska | Last updated Mar 21, 2025 | | 23 Comments
It’s always upsetting to learn that someone’s overcharged you for something. When I was asked “What can you do if you're scammed by a car dealership?”, I knew I had to answer it. Legitimately, if you’ve signed all the documents, completed your purchase, and driven...
What Credit Score Do Car Dealers Use?
by Ray Shefska | Last updated Apr 29, 2025 | | 0 Comments
America runs on credit. Odds are, when you step foot in a car dealership you’ll need to be prepared to fill out a form or two that let the dealer check your credit score. However, many people don’t know what credit score car dealers actually use. Unlike your...

How Much Do Dealers Markup Used Cars? It’s Less Than You Think
by Ray Shefska | Last updated Jan 23, 2025 | | 5 Comments
Do you ever wonder why car dealers are always trying to buy your car? It has something to do with how much dealers markup used cars. There is a lot of money to be made in used cars. In my career, I’ve seen many different ideas about what the markup should be for a...
How Much Can a Car Salesman Make? (It’s Way More than Six Figures)
by Ray Shefska | Last updated Jan 23, 2025 | | 0 Comments
At the end of the day, what’s most important to nearly everyone on this planet (after health, family, etc.), is money. Maslow's hierarchy of needs tells use that after our psychological needs are met (food, water, shelter, etc.) we move on to our safety needs...
What Happens to Unsold New Cars?
by Ray Shefska | Last updated Jan 23, 2025 | | 5 Comments
What if I told you there was no such thing as an unsold new car? Every new car, no matter how expensive, ugly, or unpopular, gets sold to someone at some point. In my 42 years in the car business, I’ve never met a car that didn’t end up with a buyer. What happens to...
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Which 2026 Cars and Trucks Are Getting More Expensive? See the Full List
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Honda to Be Hit Harder Than Expected By Tariffs, Prices Likely to Rise
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Is It Better to Buy Or Lease a Car in 2025?
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Ford vs. Chevrolet: Who Has the Better Memorial Day Deals in 2025?
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