Menu

Buying & Selling

Articles about new and used car buying and selling. Everything from new car features & technology to car shopping tips. Find insights into car buying and selling whether you’re a first-time car buyer, a seasoned car-buying expert, or privately selling your car.

Man Researching Cars on the Internet

Why Consider Resale Value Before Buying a Car

by Kat Saks on

There are many things to consider when buying a car, including price, payment plan, and whether the seller can be trusted. All legitimate concerns that can sometimes cause you to overlook the vehicle’s resale potential. If you think you might sell the car at some point down the road, you should give thought to the resale […]

Continue Reading
Saleswoman showing a car to a man
What to Disclose When Selling a Used Car by Melissa Crumish on

After cleaning your used car in preparation for selling it, you now must decide how much information to disclose when talking with prospective buyers. This conversation can make or break auto sales. To help with your sales pitch, consider the following advice: Be honest. A potential buyer can verify if you’re being up front or […]

Continue Reading
Hand Filling Out Tax Form
Income Tax Implications of Selling a Used Car by Melissa Crumish on

There are many things to consider when selling a used car; some less obvious than others, including income tax liability. Income Tax Liability When Selling Your Used Car In a nutshell, the Internal Revenue Service (IRS) views all personal vehicles as capital assets. If you sell it for less than the original purchase price, it’s […]

Continue Reading
Hand Signing a Contract
Making an Auto Sales Contract by Melissa Crumish on

In most cases, your state will require a sales contract when selling your used car. The contract ensures that you and the buyer agree on all terms of the sale, eliminating any potential disagreements should any unexpected mechanical surprises occur down the road. Elements of an Auto Sales Contract Car sales contracts vary by state, […]

Continue Reading
RV Dealership
RV and Motorhome Buying Tips by Kat Saks on

Ready to hit the road in an RV? Before you buy, do some research. Follow these RV buying tips to help you find the best motor home for your needs. Rent an RV First Give your dream-home-on-wheels a spin before you buy. Owning and maintaining a recreational vehicle can be a lot of work. Consider […]

Continue Reading
Man Looking at Car Engine
Lemons and Lemon Laws by Alicia Sparks on

If you recently purchased a vehicle that keeps having the same problem over and over, despite numerous repair attempts, you might have a lemon on your hands. And, you might be entitled to a replacement or refund. What is a Lemon? Simply put, a lemon is a defective vehicle (usually purchased new) that can’t be […]

Continue Reading
Woman Receiving Car Keys
Doing Your Homework Before Selling a Car by Nadia Ibanez on

When it comes time to sell your car, there’s a laundry list of things to take care of before you can put it on the market. You have to consider – Gathering all the vehicle’s documents, including the title, Finding the right selling price, Taking care of any last-minute maintenance issues, – and so much […]

Continue Reading