An imperative measure of a vehicles cost and demand is what its expected to be worth for three and five years down the road. These information, says that the estimated price a dealer would pay if you operated in the vehicle, uttered as a percentage of original sticker price.

To win best-resale approval, initially the model must be selected as one of the top 25 vehicles in its category. Then we choose the vehicle with the highest three-year resale value.

The Finance Office in a car dealership is one of the most lucrative profit centers in a car dealership.

Certainly car dealers are entitled to make a legitimate profit like any other business, but when they’re making a piece of the action from arranging a car loan for a customer, that money they earn which is called “dealer reserve,” is indirectly coming out of the customer’s pocket in the form of a higher interest rate.

I worked as a Finance Manager in several large new car dealerships, and I can tell you that quite often I made — for the car dealer — $1,500 to $2,000 “dealer reserve” on arranging any given car loans.

My father once gave me the greatest new car buying advice I have ever heard. He said, “Car buying is a common sense transaction. The problem is that both people involved in the transaction have to have common sense and the dealer will never have a lick of sense.” People in the market for a new car do not realize how vulnerable they are to advertising and sales tactics designed to get them to pay more than necessary for a new car. Whether or not you know exactly which vehicle you want or are still exploring your options you must spend time researching all the particulars of a certain car and also spend some time researching the dealer where you intend to purchase your car.

If you’ve ever purchased a car from a car dealership you probably have experienced the car sales person making numerous trips back and forth to the Sales Manager’s office during the course of the deal. While somewhat amusing for the customer to watch, it leaves him or her scratching their head wondering what the heck is going on!

Well, in many car dealerships the sales person has no authority to finalize a car deal without the explicit authorization of the Sales Manager. More importantly, the Sales Manager controls all aspects of the deal. The salesperson is, in essence, a pawn for the Sales Manager to manipulate as he or she sees fit. When the sales person leaves the customer and goes to the Sales Manager’s office, it is to first tell the manager what is going on with the customer and the potential deal.

Drunk drivers are responsible for many traffic accidents and fatalities. Keep alert when driving, and always be on the lookout for abnormal driving behavior. Follow the steps below and you will not become one of those traffic statistics.

Some telltale signs that a driver may be driving under the influence of alcohol or drugs are:

• They are unable to maintain lane position or they are swerving from lane to lane.
• They are driving erratically and speeding-up or braking for no apparent reason.
• They are driving without headlights at night.
• They are making unsafe lane changes.
• They are driving on the wrong side of the road.
• They are speeding or driving too slow.
• They are tailgating another car or driving in an agitated manner.

All car dealers charge some kind of processing fee, title fee, notary fee and or registration fee. These fees are generally refereed to as “doc fees.” All of these fees are legitimate. The car dealers are tasked with transferring titles, assigning liens, dealing with registrations, plates, etc. Unfortunately, there are some car dealers who take advantage of this and use it as a means to grab extra profit. Some states, not all, set a maximum amount a car dealer can charge for various fees, but each state is different. Some car dealers will charge the maximum allowed on each deal whether or not all the fees apply to that individual deal.

I’ve had many people tell me they had to give the car sales person a deposit on a car even before they negotiated a price, then they had to fight like crazy to get their deposit back if they didn’t buy the vehicle!

Most car dealers insist that their sales people get a deposit from a potential customer as early in the sales process as possible. This puts enormous pressure on both the customer and the sales person.

Let’s face it, how awkward is it for a sales person to have to get a deposit from a customer before they even agree to buy the car? It doesn’t exactly foster a feeling of trust does it?

It’s a hot topic right now, the topic of buying a car in United States instead of Canada. Many Canadian’s in the market for a new car see the differences in MSRP (manufacturer’s suggested retail price) between a car in Canada and the same car in the United States. That difference in many cases makes the case of buying a car in the United States instead of Canada that much stronger and many are making the hop over the border or researching online to check things out.

Buying a car in United States isn’t as easy as it may seem. Many Canadian’s think all they have to do is buy the car, pay the duty and voila they are on their way to saving HUGE!

Practicing the following fuel efficient driving techniques can improve fuel economy more than 10%:

• Observing the Speed Limit
  
  In highway driving, over 50% of the energy required to move your car down the road goes to overcoming aerodynamic drag (pushing air out of the way). As you drive faster, aerodynamic drag and rolling resistance increase. As a result, at speeds above 55 miles per hour, fuel economy decreases rapidly.

  By driving 55 miles per hour instead of 65, you’ll save gas. Of course it will take you longer to get to your destination, but for each extra hour you spend driving you’ll save $5.00. Owners of larger trucks and sport utility vehicles may save as much as $10.00 for each extra hour spent driving.