Used Cars

Americans Are Keeping Their Used Cars Longer — 7 Factors To Consider If You’re Looking To Purchase One Now

JurgaR / Getty Images

JurgaR / Getty Images

The automotive industry has seen its fair share of ups and (mostly) downs since the pandemic. The shortage of automotive computer chips — vital components that run everything from radios to gas pedals to transmissions — slowed global assembly lines and made new vehicles scarce and costly just when consumers were eager to buy.

New Car Market: Prices Are About To Plummet Due To Oversupply
Learn: How To Build Your Savings From Scratch

Although new vehicle transaction prices are trending slightly down in 2023, the average is sitting at a high of $48.275, up 3.7% or

…
Read More
Used Cars

The steep plunge in used car prices — what it means, and what’s ahead

Tracking used car prices is enough to give anyone whiplash.

Since the start of the pandemic and the resulting disruptions to new car supply chains first sent prices soaring, used car prices posted their largest annual increase on record — up 45% in the 12 months ending in June 2021, according to the Consumer Price Index — before swinging to a 12-month drop of 8.8% in the most recent reading for December.







USA-ECONOMY/

Used cars prices have dropped in December. Pictured is car dealership in National City, California, in June, 2022.




That was the biggest 12-month plunge in prices

…
Read More
Used Cars

There’s no one ‘best’ diet for promoting health

Sticking to any one of a variety of healthy diets is associated with a lower risk of developing chronic diseases, according to a long-term prospective study of health-care workers1.

Access options

…
Read More
Used Cars

Tesla Used-Car Data Are Good for the Stock

text size

Tesla cut prices dramatically to start 2023. The decision created waves in the US and used car industry.

Sean Gallup/Getty Images

Prices for new and used

Tesla

vehicles have been all over the place in recent months, leaving bulls and bears with plenty of data to fuel their neverending argument about the electric-vehicle maker.

The pricing debate goes something like this: Cutting prices is a sign of weakness, while not cutting prices is a sign of strength and dropping used-car prices are a sign of weakening demand. The counterargument is that it’s cheaper

Tesla

(ticker: TSLA) cars have

…
Read More
Used Cars

Secret to higher productivity: How healthy eating can help you achieve your goals | Health

In today’s fast-paced world, productivity is often considered the key to success. We all want to accomplish more in less time and achieve our goals efficiently. While there are several factors that can affect productivity, one thing that is often overlooked is nutrition. A healthy diet is critical for improved productivity. What you eat has a direct impact on your energy levels, focus and overall productivity. In other words, a healthy diet is not only good for your physical health, but also for your professional success. Choose well-balanced meals that include lean proteins, complex carbohydrates and healthy fats to maximize

…
Read More
Used Cars

Used car prices may drop, but not how consumers may expect

As research expects used car prices to drop in 2023, current buyers like Emily Space are skeptical about the difference it will really make on their wallets compared to previous years

“I was seeing cars with 170,000 miles going for over $10,000 and you’re like, ‘What? Like, what is that?,’” Emily Space said.

What You Need To Know

  • Some used car prices are expected to drop in 2023, but the drop won’t be enough to wipe out the surge of prices that started in 2020

  • Auto loan interest rates reached an average of 10% for used vehicles by the end
…
Read More
Used Cars

Don’t Buy a Lemon: Hurricane Rotten Cars

If you’re in the market for a used car, now more than ever is the time for the buyer to beware. Cars that were damaged from flooding during natural disasters are being sold nationwide at an alarming rate.

Category four hurricane hit the west coast of Florida with torrential rain. It also flooded the used car market.

In fact, Carfax estimates there are at least half a million cars that were damaged by flooding from these natural disasters, and many of them are being sold as undamaged in another state.

When a car is moved out of the state where

…
Read More
Used Cars

Health Is More Than Diet and Exercise

The holiday season can be wonderful, but for many who are focused on their weight, it can be stressful and often filled with an overwhelming amount of food. It may seem fun at the beginning, but after indulging at party after party, you might find that these foods can quickly bust your waistline. Maybe you get food guilt or feel shame for overindulging, or maybe you feel sick, lethargic, and all-around worse in your body because healthy habits go out the window with the holiday leftovers.

Here are some holiday hacks to not just survive the holiday season but thrive

…
Read More