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…
Tag: Car Buying
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 Rise of Subscription-Based Features in Cars, Convenience or Greed?
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…
How to Sell Your Luxury Car for Maximum Value
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.…
The Pros and Cons of Leasing vs. Buying a Car
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…