A Car Buying PhD

The goal of our blogs is to educate customers about the entire car buying process, whether or not you use how2car to purchase your vehicle. We want customers to have the best research available and a solid understanding of what to expect before they begin working with a dealership. We will start with a high level… Continue reading A Car Buying PhD

Advertisements

Will Multiple Loan Applications Ruin My Credit ?

Not anymore. How it works: for each car loan application you submit there will be a credit check or inquiry.  Additionally, common practice is for dealerships to submit your credit information to multiple banks and for each bank there will be an inquiry. Dealers are trying to find the best possible deal when they do… Continue reading Will Multiple Loan Applications Ruin My Credit ?

Where Will I Get the Most For My Vehicle? (The excellent, almost unknown tip!)

It is a commonly held belief that a private party will pay more for your trade than a dealership. In reality that depends on what type of car you have. I would say this, if your vehicle is worth less than $10000 and you have the energy to try and sell it on your own… Continue reading Where Will I Get the Most For My Vehicle? (The excellent, almost unknown tip!)

How Does the Dealer Determine Trade Value?

Rather than relying on published book values, dealerships use information from auctions and other dealerships to determine trade values. The difference between the dealership's offer and the book values of trades has been a massively frustrating issue for both shoppers and dealerships, and is a key reason customers distrust dealerships so much. In 2016 more than… Continue reading How Does the Dealer Determine Trade Value?