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.

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
Car Keys and Rental Agreement
Car Rental Tips: Renting a Car Made Easy by Cara Hopkins on

There are many reasons to rent a car. Sure, you may be on vacation or traveling for business, but maybe: You’re a car-less city dweller who just wants the occasional wheels to do your weekend errands. You need a van or truck to help you move. You want to impress a hot date and your […]

Continue Reading
Car Dealership Tent Sale
How to Get a Vehicle’s MSRP by Melissa Crumish on

Manufacturer’s suggested retail price (MSRP) – nicknamed “sticker price” – is the recommended selling price car companies assign new vehicles. This price is not firm. It’s a suggestion for dealerships, and depending how the vehicle type is selling, dealerships may adjust the actual selling price either lower (for slow selling cars) or higher (for vehicles […]

Continue Reading
Man Calculating Fees on Calculator
How to Calculate Vehicle Registration Fees by Alicia Sparks on

You save and save and save to get enough for your dream car (or, at least, enough for a down payment for your dream), only to find out you also need enough to cover the vehicle registration fees, too. Nasty surprise, if you’re not ready for it. But…how do you get ready for it? Common […]

Continue Reading
Man at Home with his Laptop and Calculator
Online Vehicle Tax and Tags Calculators by Melissa Crumish on

Shopping for a used car requires serious financial decisions. Not only must you decide on how to finance the vehicle, but you must also take into account: Paying for car insurance. Paying for a smog check, if applicable, and possible modifications to make the vehicle compliant. Vehicle tax (depending on your state it may also […]

Continue Reading