At fifty thousand dollars, buying a new Corvette can hurt—but on the plus side, after five years it will still retain a value of around 50% . That puts it among the top 10 best cars for resale value as compiled by CNN Money and based on Kelley Blue Book figures. Or if your budget is smaller, a Honda Civic Sedan costs around $19k and retains 52% of its value.
Patrick is a former used car salesman who grew a conscience. He has three tips to share with us:
Former used car salesman Alan Slone grows a conscience and reveals one of the major strategies dealership use to screw you when buying a new car.
An investigation into the Bill Heard used car dealership reveals a history of complaints over customer intimidation and harassment.
Well, at least they tell it like it is. [NSFW]
Browsing Metafilter, we found this excellent post detailing the smart way to make a purchase from those plaid-skinned abominations who lurk in the primal shadows of every consumerist’s nightmares, grinning their straight razor smiles and beckoning us to sign contracts in bilesome blood: the car salesman.
Did you know that Illinois doesn’t make car accident reports public? So if you Carfax a used car from there, you won’t know it’s already been around the block. Efforts to introduce legislation to change this have failed.