Based on the latest data from Kelley Blue Book and Cox Automotive, the average price of a new car is now a touch over $ 45 000.00, up from $ 40 000 at the end of last year, and, according to CNN, $ 38 000 in May 2020. New car prices have now risen every month for the past six months due to supply chain issues regarding computer chips and other auto parts. Although demand did increase at the end of the first pandemic lockdown, this was just temporary.

We all know someone who has got taken for a ride when buying a previously owned vehicle. Although a used car might seem like a great deal, some fear saving a penny to spend a pound. However, many of these fears are based on common myths. Let's explore some of the top used car myths.

It’s tempting to say that a high-mileage clunker with four wheels and an engine is the right car to start a teenager out with. Odds are the car doesn’t go fast, and your kid will learn about cars by needing to have it fixed on a regular basis. On second thought, an old car will more than likely get bad gas mileage and regularly breakdown. One of the joys of buying your teen a new car is that you should no longer have to play the role of “school-run mom” and “dad’s taxi service.”

Buying a new car is a grand adventure that will allow you to pick out the car of your dreams. However, settling on the perfect car is not always as easy as you might think. Looking for trending features or simply must-haves that you want to be included, knowing what you want in a car before you hit the lot is key. For many, the features available on a new car are more important than the brand or even the cost of the car itself.

Winter driving is, in cold and snowy climates, undeniably hazardous. For new drivers, it can be downright terrifying. You have less control as you speed up, slow down, and come to a stop, your visibility is significantly decreased, and you constantly have to worry about black ice — not to mention the inexperienced and reckless drivers you are sharing the road with.

If you’re in the market for a used car, you may be asking yourself when is the best time to buy a used car. First and foremost, it’s always an excellent rule of thumb to be on the lookout before you think you need one. If you suspect that you may need one in the next year, it’s wise to start researching as soon as possible. Additionally, you’ll want to keep in mind that the best time to buy a used car doesn’t necessarily coincidence with the best time to buy a new one. So let’s dig in.

Are you in the market for a new car and aren’t sure what you can actually afford? Well, you’re in the right place. Thankfully, nowadays, we have easy resources such as this car affordability calculator on Cars.com. This calculator will ask things like your monthly payment, your down payment, trade-in value, length of the loan, APR, and sales tax.

Nervous that your credit score isn’t up to par for that new Audi you’ve had an eye on lately? Luckily, even if your credit score is poor, there are still options. Believe it or not, the majority of Americans purchasing a vehicle costing $40,000 or more will go down the loan route. And surprisingly, your credit score may not have to be as high as you think it does.

Each vehicle has its own strengths, specializations, and downsides, so be sure to weigh out all your options before deciding on which model you’ll get. When looking for them on the market, their prices can range from cheap to expensive. They can also be brand-new or second-hand (used). Typically, newer models are more costly than older models. This is something to keep in mind especially if your budget is pretty limited.

When buying or looking for a car, most salesmen would offer you to test the car out. Most of the time, people would test the vehicle in the briefest way possible. As a result, some forget to try out the car's features, others fail to look for potential issues and damages in the car, while other people are unsure of what they want in a car.