Tag: Used Cars

What drove online used car marketplace Shift to file for bankruptcy

Image Credits: Jason Hawkes / Getty Images Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent

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Used car dealer sentenced to federal prison for $2.8M fraud scheme

PROVIDENCE, R.I. (WLNE) — A former used car dealer who led a conspiracy to defraud banks and lenders in multiple states, including Rhode Island, was sentenced to five years in federal prison today.

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Car dealership fails to honor warranty and replace bad engine

GREENSBORO, N.C. — Reginia Aiken just wanted a reliable car to get her to and from work and around town. It didn’t need to be flashy or have all the bells and whistles.

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7 Myths People Believe About Used Cars That Are Costing Them Thousands

AdrianHancu / Getty Images Many people turn to used cars in hopes that they will save them money in the long run. On the surface, this seems like a safe assumption. After all,

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Lawsuit accuses Pa. used car dealer of scamming customers: reports

A lawsuit filed by the Pennsylvania Attorney General in Cambria County is accusing a used car dealer of illegally selling vehicles on Facebook Marketplace. The lawsuit says that David Gaida, 25, had been

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Japan Slams Brakes On Used Car Exports To Russia

Earlier this year, cars from Japan accounted for over 50% of all used vehicles imported into Russia {{comments}} comments 2 hours ago Since the escalation of the Russo-Ukrainian war in early 2022, Russia

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Buying a used Hyundai i20 (2010-15)

Hyundai’s i20 hatch was a step ahead of the long-lived Getz it eventually replaced, bringing extra style, space, quality and safety – but beware high-mileage cars needing work when buying second-hand Short history

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Want to buy a new car? You should probably be making $100,000 a year.

The United Auto Workers’ strike to eliminate a tiered wage system and restore pensions could lead to higher car prices, but for many U.S. households, buying a new vehicle is already a luxury

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Used car prices continue to fall, but not as quickly

Used car prices fell incrementally from August to September, but the overall decline in prices is slowing. A report from financial intelligence firm Moody’s Analytics found prices declined 0.5 per cent from August

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Data drives innovative approach to selling used cars

Still, used car values remain a whopping 49 per cent higher than they were in August 2019, just before COVID-19 hit. According to Yosuke Hall, co-founder of the online used car dealership Carma,

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