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May 2018

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Car terms to know to save money
There are many easy ways to save money on a car, both when purchasing the vehicle and during ownership. Here are some simple terms to keep in mind. Even remembering just one or two may save you some cash.     When buying a car …   Incentives Automakers and dealerships often run special offers to knock down prices or provide savings over time. These include rebates, which give cash back that can be applied to the price of the vehicle, and other incentives such as zero percent interest financing.   Preapproval It helps to know about preapproval as you… Read More

5 Road trips for Memorial Day weekend
Scenic park getaways to unplug and unwind From hiking trails through thick forest to stargazing in the desert, these breaks to some of America’s finest parks and protected areas will feel a world away from home, yet are surprisingly accessible from a handful of major cities.     Adirondack Park, NY At more than six million acres in size and with 2,000 miles of hiking trails, this place is plenty big enough to get lost in nature. With mountains, rivers, lakes and valleys there are opportunities galore for trekking, bike riding, white-water rafting and kayaking. To top it off is… Read More

Different types of car loans explained
  Although not quite as varied as cars themselves, auto loans come in many shapes and sizes according to the lender, the needs of the borrower and the vehicle in question. So many variables can result in greatly different loan processes and structures, but here are the main types of car loans explained.   Secured auto loans The car acts as collateral for the debt so, if the borrower fails to make payments, the lender can repossess the vehicle and resell it to recoup its losses. A lien is the legal arrangement that makes this possible. The lender is listed… Read More

The longest-lasting cars and trucks – Vehicles that go the extra mile
  If you’re looking for a reliable vehicle to carry you past 200,000 miles, a big, sturdy SUV is most likely to do it. No less than six of the top 10 longest-lasting vehicles to reach the milestone are full-sized sport utilities, according to research by iSeeCars.com, which analyzed 13.5 million cars sold in 2017. The longest-lasting vehicle of all is the Toyota Sequoia, with 6.6 percent of models reaching the 200,000-mile mark, joined by others in the large SUV class including the American-made Ford Expedition, Chevrolet Suburban and Tahoe, and GMC Yukon XL and Yukon. “These large SUVs feature… Read More

Places missed on the ‘perfect’ Northeast road trip
  If you could take a road trip through any area of the U.S., where would you go? Recently, Chevrolet teamed with data scientist Randy Olsen to create the “perfect” road trip through various regions in the country. Certain regions include the Midwest, Northeast, West Coast, Texas, and Florida. While their maps certainly are efficient and have a fair share of entertaining landmarks, there simply isn’t enough mileage to cover everything. Previously, we covered notable places missed on the Lone Star State map. Today, we’ll venture into the Northeast U.S. region and check out which spots are worth the detour.… Read More

Big reasons to buy a small car
  The shift among car buyers from sedans to SUVs is adding a stream of larger vehicles to our roads, and while sport utilities are sound choices for many situations, here are 10 good reasons to look at buying a smaller vehicle, from saving money to versatility.     Lower prices Small cars are among the most affordable vehicles to get on the road. Many new subcompact models come with sticker prices from $14,000 to $17,000, while some start even lower, such as the 2018 Nissan Versa at $12,110 and the 2018 Chevrolet Spark at $13,050. Whether you want to… Read More

What is the average car payment, and what can you afford?
  • Average monthly payments are $515 for new and $371 for used vehicles • Rising car prices contribute to higher payments but longer loan terms temper the monthly increase • Auto finance calculators will help estimate what may work for you   With a car payment likely to be one of your highest monthly expenses, it’s important to know what you may be able to afford before financing a vehicle for the next several years. Rising car prices make buying a new vehicle more challenging for many Americans and, along with increasing loan amounts, have contributed to the current… Read More