Tag: Car Buying

Posts related to Car Buying

There are literally hundreds of different choices of vehicles on the road today. Colors, options, brands, and price all influence our buying decision, but how do you know you’re making the right choice? Let’s take a look at the most important deciding factors.

Price – No surprise here, but price is the most important factor in the car buying decision. How much can you afford per month? Luxury brands like Lexus, Mercedes-Benz, Infiniti and BMW carry much higher sticker prices than their non-luxury counterparts, although they often have very similar features.

Cost of Ownership – How much is this vehicle actually going to cost you to own? This is where things like fuel cost, insurance costs, repair costs, and maintenance all enter the equation. Once again, luxury brands are going to be more expensive in every aspect. A headlight replacement on a Ford Fusion is about $240. The same repair on a BMW 335i? $880.


Members AutoChoice has been providing top-quality vehicles to Credit Union members since 2003. While much has changed since the beginning, both within our company and the auto industry in general, we are still providing the same services to our customers. In a day and age where almost everything is done online, including car shopping, how can Members AutoChoice help you find a vehicle?

Before the internet and social media, the auto industry was a volatile one. Filled with some less-than-trustworthy salespeople and clouded by poor-quality vehicles, it became a chore to shop for vehicles. Many years in the industry gave our founder, Michelle Groover, a desire to provide the people with an ally. She thought of a way to give customers peace-of-mind, by offering reliable, well-serviced vehicles that were fairly priced. No hassle, no pain, no worries.

Years later, the car industry is still evolving. Companies like CARFAX and AutoCheck offer insight into a vehicle’s [...]

What is Collateral Protection Insurance (CPI)? Do I need CPI along with my regular insurance? How do I avoid CPI being added to my loan? These are all questions you may want to know the answer to when obtaining a loan secured to the lender by collateral such as a car.

The name Collateral Protection says it all. CPI, also known as forced placed insurance, covers only the lender’s collateral, which is the vehicle for which the lender has loaned you money. Over the term of your loan, lenders will periodically review your loan status to ensure that sufficient insurance is maintained on their collateral. If you cancel your insurance on your car, the insurance company will automatically notify the lienholder. This action triggers the lender to add CPI to your loan to ensure their collateral is covered. There are also other reasons that CPI will be added by your lender, such [...]

A healthier environment is what we as Americans all must strive to achieve.  Lately, on my commute to work, I have noticed more and more Zero Emission Vehicles, or ZEVs, on the road.  These vehicles emit no tailpipe pollutants from the on board source of power.  The term ZEV was originally coined by the California Air Resources Board (CARB).  Some of the more common ZEV’s on the road today are the Nissan Leaf electric car and Tesla Model S electric car.  The Tesla Model S was named 2013 World Green Car of the Year. (1)

These clean vehicles will provide a major foothold in the battle to reduce greenhouse gas emissions and their consequences, which include increases in extreme weather and wildfire intensity. There are economic advantages as well. Electricity is the most widely available source of power and typically costs [...]

Tires are one of the most technologically sophisticated systems on any automobile. They are a primary factor in the overall comfort and performance of your vehicle. While they don’t exactly come in all shapes, tires certainly come in all sizes and have unique identifying information embedded on their walls. The following rundown, supplied by Firestone, should help crack the code on figuring out what all those numbers mean. For example, if your tire’s size designation reads P185/70R14 87S:

  • “P” stands for P-Metric. This is one of the two most commonly used systems to identify passenger tire sizes. The other is European-Metric, commonly called Euro-Metric.
  • “185” is the tire’s section width in millimeters. This is the distance from the edge of the sidewall to the edge of the opposite sidewall when the tire is mounted and properly inflated.
  • “70” designates aspect ratio. Also called the profile or series, [...]

A few decades ago, it was easy to spot foreign cars. They were small, mostly 4-cylinder econo-boxes that were made in Japan or Germany. However, over the last two decades, more and more foreign manufacturers have built plants here in North America.

Honda built the first Japanese manufacturing facility in Ohio in 1979. Today, Honda builds the Accord, Civic, Odyssey, and Acura MDX in plants in Canada and the United States.

Toyota builds the Camry, Avalon, Corolla, Solara, Tacoma, Tundra, Matrix, Sienna, and Lexus RX350 in plants across Canada and the United States as well.

Nissan builds virtually all of their vehicles in the United States including the Maxima, Altima, Titan, Armada, Frontier, Pathfinder, and Xterra. Mitsubishi, Subaru, BMW, Hyundai and Mercedes-Benz also build cars throughout the United States.

So, do you still label a car an import if it’s made in your own [...]

Special thanks to the GIADA for this article.

Purchasing a used car or a new car is a major decision, and one that can be costly for consumers who don’t do their homework. Along with researching the reliability of a particular make or model, it is also important to know who you are buying from and the complete history of the car you are considering. Being able to identify scammers (known to the auto industry as curbstoners) can not only save you a great deal money, but it could potentially save your life.

Who are Curbstoners?
Curbstoners are scam artists who rapidly flip cars for a profit, often with vehicles that have major mechanical issues or that have been wrecked. They clean these vehicles just enough to get them sold, paying no mind to your financial investment or safety.

State laws govern how many cars any person can sell per year, and prohibit the [...]

Over the past several months we have seen some of the most horrific storms and hurricanes in quite some time.  The aftermath has had a substantial impact on the Auto Industry and the supply of used car inventory.  As a result, many vehicles that are going to be sold to Auto Dealers, via the Dealers Auto Auction process, have been deemed flood damaged or completely salvaged.  Unfortunately, somehow these undesirable vehicles can and have made it back into the mix of vehicles that could potentially be sold to the general public.  As such, there are some warning signs that these types of vehicles have that you can identify which can prevent you from purchasing a vehicle of this nature.

  • Always obtain a vehicle history report, preferably an Auto Check or Car Fax.  If the vehicle was registered in any of the storm damaged areas recently, [...]

New VS Used Cars
by Daniel Stryzinski
When you first decide to buy a car, there are a number of things to take into
consideration: what manufacturer I like best, what model do I want, what year car and what options and so on. The biggest question is, do I want to buy a new or used vehicle? As when comparing any two things, there are pros and cons of both.

Buying New

We all wish we could get everything new and be the first to own whatever it is we are purchasing to guarantee its quality. With new vehicles you are assured that everything is clean and it has come right from the manufacturer to the lot and then to you. Warranties from the manufacturer will have a long life for you, and you will not have to worry about any untimely costs as you’re covered. You know there are no [...]

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