Tag: truck

60% of Vehicles Refinanced Last Year were Pickup Trucks

Trucks are refi­nanced more than any oth­er per­son­al vehi­cle type on the road and dri­ving high­er month­ly refi­nance sav­ings ($89 on aver­age in 2018 for truck own­ers ver­sus $77 on aver­age for car own­ers), accord­ing to a new Rate­Ge­nius report.

Auto Dealerships to Promote Vehicle Data Transparency and Updated Tech

More than eight in 10 U.S. vehi­cle own­ers and lessees believe car own­ers should have full access to and con­trol of their vehicle's data, includ­ing main­te­nance and repair infor­ma­tion, accord­ing to the results of a sur­vey released today by the Auto Care Asso­ci­a­tion.

Awareness Drives 90% of Vehicle Sales

Nielsen released find­ings that revealed the dizzy­ing array of choic­es car buy­ers con­front along their path to pur­chase. The Nielsen Auto Mar­ket­ing Report 2018 shows that by the time car shop­pers are ready to buy, they have twice as many brands under con­sid­er­a­tion than when they start­ed their search. Find­ings from the report also high­light the impor­tance of being top-of-mind with car buy­ers, which accounts for 90% of a brand's pur­chase intent.

Four Repairs Car Owners Need to Make or Face Being Ticketed

Many dri­vers may feel that they don't have the time or mon­ey to address vehi­cle repairs imme­di­ate­ly, but be aware that ignor­ing some repairs can get you pulled over and even tick­et­ed, says the Car Care Coun­cil.

Auto Maintenance Centers Can Promote Pre-Travel Check-Ups for the Busy Summer Season

Before you hit the road this sum­mer, make sure your vehi­cle is road trip ready so you can have any prob­lems fixed before you go. A pre-trip vehi­cle check­up will help avoid the incon­ve­nience, poten­tial safe­ty haz­ards and unplanned expense of break­ing down miles away from home, says the non-prof­it Car Care Coun­cil.

Over 70% of Home and Auto Owners Don’t Have a Plan to Handle Surprise Maintenance Costs

Bud­get­ing for month­ly expens­es like gro­ceries and util­i­ty bills is a no-brain­er, but accord­ing to a new study con­duct­ed by Lib­er­ty Mutu­al Insur­ance, Amer­i­cans aren't bud­get­ing for essen­tial home or car main­te­nance. The research found that the major­i­ty (80%) of home­own­ers and (74%) of auto own­ers don't have a plan or bud­get in place and tend to pro­cras­ti­nate or deal with home and car main­te­nance issues as they arise. In fact, almost half of Amer­i­cans (48%) have less than $1,000 saved for home main­te­nance issues or repairs and one in three have no mon­ey saved. When it comes to auto main­te­nance, the major­i­ty of Amer­i­cans (60%) are sav­ing less than $500 and more than one-fourth aren't set­ting aside any mon­ey at all.

22 Million Americans Included the Internet in Their Vehicle Shopping Process Last Year

"Thanks to the inter­net, research­ing a car has nev­er been eas­i­er. What used to take days trav­el­ing from deal­er to deal­er now takes min­utes as poten­tial pur­chasers cruise web­sites and forums to view details on new mod­els, check deal­er inven­to­ry and pric­ing, read reviews and even nego­ti­ate entire trans­ac­tions."

New Car/Truck Shoppers Seek Alternative to Rising Financing Costs

The 21.3% of con­sumers who plan to fresh­en up their dri­ve­way with a new car this year may expe­ri­ence stick­er shock if they're head­ing to the deal­er­ship for the first time in a few years, accord­ing to the car-shop­ping experts at Edmunds. Thanks to a com­bi­na­tion of ris­ing inter­est rates, longer loan terms and high­er aver­age trans­ac­tion prices, Edmunds experts say, on aver­age, a buy­er could pay $6,500 more to pur­chase a new vehi­cle than they did five years ago.