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  • Is leasing cheaper than buying?

    Asked by unknown
    1 Answers
    In most cases, leasing is not cheaper than buying. If you typically keep new cars longer than three years, then buying is going to be cheaper in the long run. The most expensive period of ownership is the first three years because that's when new cars depreciate the most. So the longer you keep a new car past the first three years, the lower your o
  • When is the best time to buy a new car?

    Asked by unknown
    1 Answers
    The best times to buy a new car are at the end of the month, the end of the quarter and the end of the year. Dealers and their salespeople are rewarded for meeting sales goals during those time periods, so the sale of a few more vehicles could result in their getting a huge bonus that is based on all the vehicles they sold before the end of that ti
  • Is the dealer invoice price the real dealer cost on new cars?

    Asked by unknown
    1 Answers
    The dealer invoice price is not the real dealer cost on a new car or truck. Dealers get all kinds of cash incentives, rewards and bonuses after new vehicles are sold, which allows them to make huge profits when they sell at the invoice price. There is no way to tell exactly how much extra cash a dealer is getting on a new vehicle, but it's probably