The Rising Trend of Over MSRP Charges and Its Impact on Car Buyers in 2025
In recent years, many auto dealerships have been charging customers above the Manufacturer’s Suggested Retail Price (MSRP) due to shifts in market conditions. This trend is particularly prevalent during times of high demand and limited…
The Growing Burden of Auto Loan Debt in 2025 and Negative Car Buying Experiences in the U.S.
Car ownership in the U.S. has become more expensive than ever, with over 275 million vehicles currently on the road. Various factors, including the Covid-19 pandemic, ongoing supply chain disruptions, inflation, and the Federal Reserve’s…
Market Trends Indicate Stabilized Used Car Prices in 2025 After Years of Fluctuations
Used vehicle prices are projected to continue stabilizing in 2025, following a period of extreme fluctuations due to the COVID-19 pandemic and its associated supply chain disruptions. Cox Automotive expects that wholesale prices, tracked through…
Appeals Court Strikes Down FTC’s Auto Sales Rule, Blocking Efforts to Prevent Deceptive Pricing Practices
A U.S. appeals court has overturned consumer protection rules introduced by the Biden administration to prevent deceptive practices in auto sales. The 5th Circuit Court of Appeals ruled in a 2-1 decision that the Federal…
FTC Finalizes CARS Rule to Combat Auto Retail Scams and Protect Consumers from Hidden Fees
The Federal Trade Commission (FTC) has finalized a new rule aimed at addressing two prevalent illegal tactics that consumers often face when buying a car: bait-and-switch tactics and hidden junk fees. These deceptive practices cost…
Hidden Costs of Buying a Car That Affect Your Loan and How to Minimize Them
When buying a car, hidden costs often accompany the advertised price, affecting the total cost of your loan. While some costs, like sales tax, are unavoidable, others can be minimized with proper understanding. These costs…
The traditional method of purchasing a car is undergoing a transformation. Imagine daydreaming about owning your dream car, a brand-new BMW, eagerly anticipating the thrill of hitting the road. As the weather turns colder, you…
Many individuals aspire to own fast, powerful cars, often assuming that selling them will be an easy process. Such vehicles tend to attract buyers quickly and command reasonable prices, even after several years of use.…
Deciding whether to lease or buy a car is a significant decision that depends on various factors, including your financial situation, driving habits, and personal preferences. Both leasing and buying have their distinct advantages and…
