Used Cars

EBay Stalls the Engine of Its Auto Sales Unit

Once ballyhooed as "the Internet's largest marketplace for buying and selling all things automotive," eBay Motors' numbers have been slipping. But eBay's attempt to goose profits at Motors looks more likely to put them in reverse.

10 Everyday Things You're Probably Paying Too Much For

Given the way capitalism works, we're all bound to overpay sometimes. The key is to avoid making it a habit. Here are 10 common things you're most likely paying too much for, and tips for keeping more of that cash in your pocket.

3 Ways to Get More Money When You Sell Your Car

Whether you're trading in or selling, how you present your old car will have a big impact on the price you get for it. Here are three ways to make sure you get the best price for your old ride.

What to Watch This Week: Race Cars, Used Cars, 3-D and Retail

Here are some of the items that will help shape the week that lies ahead on Wall Street: Consumer electronics retailer Conn's reports; Titanic returns in 3-D; motorsports promoter International Speedway will see profits stall, and used-car seller CarMax checks under the hood.

What Today's Booming Auto Sales Mean for Car Shoppers

U.S. car sales just hit their highest level in four years, and that's good news for economy watchers. Falling unemployment, more cooperative lenders, and rising consumer confidence all contributed to the boom. So if you're looking to buy, what does this all mean for you?

Want to Snag a Better Used Car? Shop Like a Woman

Are women actually better at buying used cars than men? LeaseTrader, which runs a used-car marketplace for people who want to get in or out of a lease rather than buy, crunched some data and came to just that conclusion.

New Cars That Lost the Most Value in 2010

Almost nothing loses its value faster after being bought than a car, and 24/7 Wall St. has found the 10 worst performers from a resale standpoint. But the reason most people would expect a new vehicle to drop in value -- poor reliability -- is rarely why they actually depreciated so much.

The Best Used Car Deals are Made in the USA

The market for used cars is white-hot, and lists of the best models tend to favor brands like Toyota, Lexus, and Honda. But there are better bets for those who don't want to pay a premium for a reliable ride -- if they're willing to buy American: Increased quality plus compromised reputation equals value.

How to Find the Best Used Cars for Under $10,000

Used has become chic, especially when it comes to cars. Trouble is, with everybody clamoring for cheap transportation, pre-owned has gotten pricier, which means you'll have to dig to find deals. Web2Carz.com has made that hunt a little easier with its Best Used Cars Under $10,000 list.

Buying Your Teen's First Car: What You Need to Know

Buying your teen a first car is fraught with emotions, and even more laden with financial implications: Used or new? Who pays for what? How much input does the new driver get in the purchase decision? How can you get the best deal on insurance? We surveyed the experts to get those answers and more.

Strategies to Get a Good Deal This Car-Buying Season

Summer is car buying season, but this year, it's a sellers market. Between the Japanese earthquake, high gas prices and a shaky economy, you'll have to work harder than ever to score a deal on the vehicle you want. But it can be done, and we've got advice from the experts on you how can do it.

Higher Gas Costs Drive Up Used Car Prices

Higher gas prices are beginning to bite in new and unusual ways. Not only are prices going up at the pump, but they are being propelled upward for smaller, fuel efficient vehicles on used car lots nationwide. Here's why.

Three Late-Model Used Cars That Are Better Than New

For many Americans, buying a new car right now just isn't an option. But for those who need a new set of wheels, there's a way around that problem: Buy one of the right used vehicles, and you'll be in a better position, both financially and from a car value standpoint. Which vehicles? Read on ...

Hertz Announces Online Marketplace for Used Cars

Hertz Corporation (HTZ) announced the launch of an online marketplace to help used-car dealers purchase vehicles from its fleet. The Dealer Direct program will provide dealers with real-time information on available vehicles, Hertz said in a statement. Dealers can purchase the cars directly from Hertz, resulting in lower prices, the company said.

Used Car Prices Fall for First Time Since 'Cash for Clunkers'

Even as overall costs for consumer goods rose 0.1% in September, prices for used cars fell 0.7% during the month, according to data released Friday by the Labor Department. It was the first used car price drop recorded since just before the federal government's "cash for clunkers" rebate program began in July 2009

CarMax Earnings Rise to 48 Cents Per Share

CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier. Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%.

Just Enough Inflation? Core CPI Up 0.2% in June

The Consumer Price Index fell 0.1% in June, but the core rate rose a higher-than-expected 0.2%, which suggests that the slowing U.S. economic recovery has lowered inflation. But it hasn't triggered deflation -- at least not yet.

CarMax Earnings Zoom as Sales Increase

CarMax (KMX) reported Wednesday that profits rose during its fiscal first-quarter on healthy increases in vehicle sales. In the three months ending May 31, CarMax said it earned $101.1 million, or 44 cents a share, compared to $28.7 million, or 13 cents a share, a year ago.

Brand Loyalty: Toyota's Loss Is Its Competitors' Gain

Here's more evidence that other car brands are benefiting from Toyota's ongoing recalls: A Kelly Blue Book survey released Wednesday shows that owners of Ford, Chevy, Kia and Hyundai are becoming more loyal to their brands, while brand loyalty among Toyota owners has declined.