Whether you buy a used vehicle from an OEM (an original equipment manufacturer) or independent dealer, you usually have warranty options. In this blog post, I’ll explain some of the issues you should be on the watch for when researching extended warranties.... Read More.
Residual value is an auto industry term for what most of us call a vehicle’s resale value. It’s a calculation of what a car is worth at a given time after it’s purchased new, and is usually expressed as a percentage of the original MSRP.... Read More.
Certified pre-owned (CPO) vehicle sales programs began as a way for upscale car makers to boost resale values for off-lease vehicles. More recently, they have been adopted by mainstream brands to soothe used-vehicle buyers’ anxieties about quality and reliability.... Read More.
What are the factors of luxury car depreciation? Like any car, luxurious cars depreciate, but often at a higher rate than the industry average. That means after five or 10 years, a car that once cost as much as a condo in some of Ontario’s smaller cities can become surprisingly attainable.... Read More.