Browsing Tag car buying
THE TRUTH ABOUT VEHICLE EXTENDED WARRANTIES
By Tom Martino at November 13, 2017 | 9:23 am | 0 Comment
Extended warranties are a funny thing. First and foremost, they are sold to make money. So, that means, the people who came up with them are betting they won’t be such a great deal for you. There are many variables in your question. Those variables determine whether you should buy an extended warranty or not. The first big variable … is the warranty offered by more...
WHY DO SOME CARS DEPRECIATE FASTER THAN OTHERS?
By Tom Martino at August 7, 2017 | 4:16 pm | 0 Comment
Depreciation is determined by one thing and one thing alone: Perception. Perception drives buying decisions. When more buyers go after a particular group of cars (such as Japanese), the supply is lower and prices rise. When prices rise, depreciation lessens. Right now, perception is that Japanese cars are great values because they last a long time and have reasonable more...