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Top 5 Best Car Research Websites

Top 5 Best Car Research Websites

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!

Today our team at CarEdge decided to list out our top five car research websites that we recommend. Please keep in mind that none of these websites sponsor us or have paid us for placement on this list. Each of the websites listed below has a specific niche that they cater to, and we think it’s worth highlighting them here.

Without further ado, let’s jump right into it.

CarEdge – Best car research website for getting a fair deal

CarEdge Price

If there is one question we get asked most frequently at CarEdge, it’s some variant of “Well, how much should I offer for this vehicle?” Answering that question is now much easier with the CarEdge Fair Price. Your Fair Price is calculated with local market data and price trends taken into consideration.

Many car shoppers out there are getting lured into dealership showrooms with unattainably low advertised prices. What did we do about that? We built CarEdge Car Search, a car search engine that shows you the Out-the-Door Price, not just the advertised price!

By simply taking into account your tax rate and the typical fees in your area, CarEdge gives you a clear view into how much it will really cost to purchase a vehicle.

out the door price

Having the confidence to offer a fair value for a vehicle is not easy, and as we all know, if we lowball the salesperson, there’s a good chance we won’t hear back from them anytime soon.

That’s why we like that CarEdge added market insights to their vehicle results. You can see how many days a car has been on the dealer’s lot, what the local supply of that vehicle is, and how many similar cars have sold in the past 45 days.

Plus, there are no ads or lead generation form for dealers. Instead, CarEdge has a 4 step buying guide that you can download (which includes handy email templates) to contact the dealer and get a fair price. Even better, CarEdge offers the option of working with a Car Coach who will help you negotiate your deal from start to finish.

Pros

  • Advanced market data is free
  • No advertisements or sponsored listings
  • The CarEdge Fair Price estimates a negotiable offer
  • You have the option to schedule a Consult or work with a Car Coach any time for help with your deal

Cons

  • Premium features are not free
  • Supercars are not included

Check out the unique market insights included with CarEdge Car Search.

AutoTempest – Best for researching hard to find used vehicles

AutoTempest search result

Finding the right vehicle can be tough. If you’re buying new it can be a bit easier (you can always customer order one directly from the factory), but when you try and find the exact right used car, it can take days, weeks, and sometimes even months, before you’re able to stumble across the car, truck, or SUV you’ve been searching for.

AutoTempest is one of the most helpful and useful car research websites available, especially if you’re looking for a hard to find used car. Their search functionality aggregates used car listings from across a variety of sources, and their standardization of data allows you to filter search results for highly specific criteria, such as fuel type, drive type, and more.

Rather than spend an hour on eBay, an hour on Craigslist, and an hour on Cars.com, one search on AutoTempest will pull in results from all of those websites (and more) at once. Save time, reduce the number of browser tabs you have open at once, and rejoice when you find your new to you used car quicker than before!

Pros

  • Save a ton of time
  • Filters work well considering all the different types of data
  • You don’t have to create an account to get started

Cons

  • Data is not always accurate
  • No way to “save” vehicles for later
  • No “good deal” or “bad deal” indicator

CapitalOne Auto Navigator – Best for bundling finance and research

Capital One Auto Navigator screenshot

If you’re trying to stay organized, having all of your information in one place can be very helpful. Rather than trying to remember a bunch of logins and passwords, using one tool can help you keep things organized. CapitalOne’s Auto Navigator is attempting to provide you with exactly that experience.

After ending their mortgage business, Capital One has invested heavily into being a dominant auto lender. To that end, they built a very robust online car research website that anyone (not just Capital One clients) can use.

Auto Navigator offers the same type of search functionality as other traditional car research websites, but what makes them special is that they offer a simple and seamless pre-qualification to their process. If you go ahead and pre-qualify on their website you’ll be able to see potential offers for monthly payments on the vehicle listings. This can be helpful to reference during the vehicle research process.

Pros

  • The best online experience to get pre-qualified for a loan
  • Robust filter and search capabilities

Cons

  • Rates are not guaranteed, you still have to qualify for financing at the dealership
  • You are limited to searching dealers that are in Capital One’s network

CarsDirect – Best for searching by monthly payment

Although it isn’t our recommendation to negotiate your car deal based off of the monthly payment, it is entirely advisable to research which vehicles may meet your monthly payment goal. CarsDirect offers one of the best user experiences for doing this.

We hope to see it improve in the future, but for now, your best bet is to “shop by payment” on the CarsDirect “find deals by payment” page.

CarsDirect research by monthly payment

CarDirect lists out dozens of options at a variety of price points, and even has a separate page for lease deals by payment as well. Unfortunately this is only for new cars, trucks, and SUVs, and not used, but maybe someday in the not too distant future we’ll have a similar breakdown for used vehicles. In the meantime, if you’re looking for a car research website that helps you identify options within your monthly payment goal, this is your best bet.

Pros

  • Quickly get a sense for which vehicles may meet your payment goal

Cons

  • No search by payment option for used cars
  • A lot of prompts to “create an account” and share your contact information

Bear with me for a moment here, but CarGurus is like the Zillow of the automotive industry. They seemingly have ALL the data. And with all the data, they have an opportunity to create a lot of really interesting and compelling insights.

CarGurus has a simple and intuitive search engine, but candidly it feels exactly the same as all the other “brand name” car research websites out there. Where CarGurus stands out, is with its lesser known Price Trends feature.

The Price Trends feature allows you to view price trends over a set period of time for any particular make, model, and year of vehicle. You can also view trends based on body style. This is super helpful during the research process, as you may be able to identify a specific vehicle, or type of vehicle that has decreased in price in the past few weeks and is now in your budget. Identifying trends across a vehicle, or vehicle type, can be incredibly helpful at the beginning of the car research process.

For example, you can see that minivan prices have been increasing at a much slower rate than convertible prices.

CarGurus price index screenshot

With this information you may be more interested in researching minivans instead of convertibles — yes, I am aware this is a poor comparison, who cross shops a Honda Odyssey with a Mazda Miata — but the thought is still true! In terms of research, CarGurus has you covered in ways that other websites don’t.

Pros

  • Very robust Price Trends tool
  • Free to use, no account required
  • Intuitive search functionality

Cons

  • Too many sponsored listings
  • Occasional inaccurate filtering of data

So there you have it, those are the top five car research websites we recommend. If you’d prefer to search through the 1 trillion search results to find a different website, more power to you. Our recommendation is that you focus on one of these five websites, and you’ll have a better car buying experience.

“Buckle Up: Navigating Auto Sales and Financing” — What You Need to Know

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 Protection.

There is an accompanying 48 page report entitled, “The Auto Buyer Study: Lessons from In-Depth Consumer Interviews and Related Research,” which goes even more in depth into the consumer interviews the FTC conducted for their research.

Both reports are dense, and take a long time to read. Here at CarEdge, we feel responsible to distill reports like these for you. So, that’s exactly what we did. Click on the table of contents below to jump to a section, or enjoy the accompanying YouTube video that goes in depth on why you shouldn’t negotiate based off of a monthly payment.

If you find this content helpful, please consider sharing it with a friend or colleague.

Let’s dive in.

Automotive advertising is a bunch of … B.S.

It should come as no surprise that the FTC found that automotive advertisements are generally full of misleading information. The report reads, “Advertisements with misleading financing terms (as well as those with deceptive price and discount offers) remain a concern.”

The report goes on to suggest that dealers should, “make only accurate and non-misleading advertising claims to consumers, advertise terms that are actually available, and clearly and conspicuously disclose material qualifications or limitations on any advertised deal.” This is a novel concept. Let’s hope it catches on.

As we’ve discussed before, there are many ways to find which car dealership you should go to, and our recommendation is to follow these steps:

What the heck is the actual price of the vehicle?

Another key finding from the FTC’s research is that consumers are generally confused about what the price of a vehicle is, and what is and isn’t negotiable. You would have hoped that with the advent of websites like TrueCar, AutoTrader, and more, that consumers would have an advantage in understanding what the true cost to purchase a vehicle would be, but that couldn’t be further from the truth. Unfortunately websites like the ones we listed above simply perpetuate the “smoke and mirrors” that comes with automotive pricing.

The study repeatedly discusses the importance of negotiating the “out-the-door” price. As far as we know, our Out-the-Door Price Estimator is the only such tool on the internet that is designed to help you estimate what your total OTD price will be when purchasing a vehicle. Please use the tool! It is FREE!

The study goes on to report that consumers that do negotiate on the out-the-door price still run into trouble, “As some study participants explained, after negotiating what they thought was an agreed price for a vehicle with sales personnel, they faced negotiating again during the dealer’s financing process, which they found frustrating and time-consuming. The introduction of add-ons during financing discussions caused several participants’ total sale price to balloon from the cash price, and for two participants, negative equity for trade-ins caused the amount financed to increase.”

Be sure to watch this video to better understand how you can be prepared for this situation, should you encounter it:

Consumers get screwed in the F&I office

I spent at least 20 minutes trying to think of a more appropriate title for this section of the article, and candidly, I couldn’t think of anything else that accurately sums up what the FTC uncovered in their report.

As a car buyer, it is important that you know that you can negotiate nearly everything at the dealership, and that includes finance options, insurance products, and more.

The FTC report reads like a horror novel, “Several participants did not recall learning the length of the financing or the APR before agreeing to financing. Several participants were surprised to learn about these terms when they reviewed their paperwork during the FTC’s qualitative study.”

If you do not feel comfortable with something that is going on in the F&I office, ask the F&I Manager to slow down, and ask questions. More on how to handle being in the F&I office here:

Dealer add-ons are confusing and dumb

The FTC report brings to light how confusing and frustrating the dealership practice of adding ancillary products and services to vehicles really is. If you’re unfamiliar with this concept, it is when a dealership sells you a car with additional products installed that you did not request. For example window etch, or LoJack, among many others.

The FTC report highlights the many challenges consumers face when confronted with dealer add-ons, including but not limited to:

  • Never discussing add-ons, but including them in the selling price of the vehicle;
  • Consumers are confused and think the add-ons are free;
  • Consumers are under the impression that the add-ons are mandatory;
  • And more.

The future of car buying and ownership should be different

Here at CarEdge we are determined to change the way car buying and ownership works in the United States. Buckle Up: Navigating Auto Sales and Financing from the FTC is a great reminder as to why it is so necessary to evolve the way we buy and own vehicles.

If you’re interested in being a part of that change, please consider being an early tester of the CarEdge platform.

FINALLY: Used Car Prices Have Peaked!! Insights from Inside the Car Dealership RIGHT NOW | Episode 8

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 Car liquidation, new car supply being incredibly low, and government stimulus about to end, used car prices appear to have peaked. Ray and Zach report on what they’ve heard from people working directly in the dealership, and what that means for you if you are considering buying a used car any time soon.

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Should I Buy a Car During the Coronavirus Pandemic? | Episode 7

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 during the Covid-19 pandemic. Ray explains what manufacturer incentives are in place to help dealerships sell more cars, and why prices are so high right now (supply is low).

If you’re looking to buy a car right now you may want to think twice. There are a lot of car buyers in the market right now, and with a shortage of new cars, prices have gone up considerably.

Ray also discusses his take on private party purchase versus going to the dealership. 

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Out-the-Door Price: The Number You Should Really Be Negotiating | Episode 6

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, knowing how much you are going to spend is more difficult than it might seem. Getting access to the out-the-door price (an industry term for the total cost to purchase a vehicle), is absolutely necessary, but many car shoppers don’t know to ask for it.

Today on Auto Insider, Zach and Ray discuss what the out-the-door price is, and why you need to be aware of it before you buy a car, truck, or SUV.

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