Car loans can be more complex than they seem on the surface, which is one reason it’s important to do your homework before car shopping. For instance, a lower monthly payment on your car often means that you’re spending more in the long run, and not all interest rates are designed to be equal. Finding the ideal car loan for you is key to saving money.
There are three basic components to a car loan: “loan amount,” “APR,” and “term.” You want the lowest loan amount possible, which you can either reduce by negotiating or making a larger down payment. The APR, or annual percentage rate, refers to the interest you pay on the principle (the loan amount) and fees. The lower the APR, the more you save. Finally, the loan term refers to how long you’ll pay off a car. Extending a term can significantly reduce your monthly payments, but it will cost you considerably more in interest.
Find the balance that works for you. Ideally, you want the lowest loan amount, rates, and loan terms, which often means choosing a car with a low sticker price. However, there isn’t one-size-fits-all way to get a car. If you want to spend a little more to get a new car or a luxury vehicle, just be sure to consider the added expense of extending a loan term or raising the APR.
If you have any questions about a car loan, swing by EZ way Auto Sales or give us a call. We’re ready and waiting to help.
Each year, smaller vehicles become less popular while more versatile vehicles like pickup trucks enjoy a growing popularity, and for good reason. Pickup trucks offer greater flexibility and performance and generally support a greater diversity of lifestyles. Here are some of the reasons why there has never been a better time to buy a pickup than right now.
open up a world of possibilities
you depend on your vehicle for work, play, or a bit of both, a pickup truck
ensures you’re always prepared. Pickups are the perfect companion for drivers
who enjoy activities such as biking, boating, camping, hunting, and more.
are surprisingly spacious
you’ve never driven a modern pickup, you might assume that they feature stuffy
interiors with barely enough room for you and one passenger. You might be
surprised to learn, however, that many of today’s pickups are surprisingly
spacious inside, often with four-door cab configurations and plenty of room for
everyone to stretch out.
are more efficient than ever
have a reputation for being inefficient gas guzzlers, but this isn’t really
true anymore. While even a modern pickup won’t achieve the kind of fuel economy
of a compact car, today’s pickups are more efficient than ever. And when you
consider the fact that you can do more in one trip in your pickup than you could
with true trips in a small car, pickups often let you get more done with less
Ready to buy a pickup of your own? Stop by E-Z Way Auto Sales to see our lineup and take a truck out for a test drive.
Since their advent in the auto industry, hybrid cars have been met with both praise and skepticism. Although hybrid and electric cars have been recognized as the vehicles of the future, some Americans still require some convincing. You may wonder: are hybrid cars reliable? We’re here to say that yes, they are — especially Toyota and Lexus hybrid vehicles. The following are a few reasons why we think hybrid vehicles are reliable and which ones we think you should particularly consider.
frequencies are the same or lower as regular cars. Data has shown that
hybrid vehicles are repaired at a rate that is the same of lower than regular
gas-powered vehicles, showing that hybrid systems don’t require additional repairs
or maintenance. Generally speaking, hybrid vehicles experience fewer engine or transmission
issues and fewer general vehicle problems. This is due, in part, to hybrid
vehicles’ proven and dependable gas-powered platform.
hybrids are the same: While some early hybrids had minor
hybrid-/battery-related issues, many have not, including Toyota and Lexus
models. Toyota and Lexus models are considered the most reliable hybrids, with
various models offering far greater reliability — as much as 73% more — than
the average car.
technology continues to make huge strides: Automakers are continually
advancing and innovating their hybrid technology, making it better and better
each year. At this point, you definitely don’t have to worry about reliability.
So there you have it: hybrid cars are reliable. So next time you’re in the market for a used vehicle, don’t avoid putting a hybrid on your shortlist for fear of expensive repairs and maintenance. Better yet, get started at E-Z Way Auto Sales to find the best used hybrid vehicles around!
If you’re a driver for a ride-sharing service like Uber or Lyft, you know how quickly you can rack up hours and miles in your vehicle. In fact, some ride-share drivers drive as much as 1,000 miles per week. With such driving tendencies, it’s important for your vehicle to be reliable, fuel-efficient, and safe. Here are the best used cars for Uber and Lyft drivers that check all the boxes.
Pick – Toyota Prius, model years 2014-present: The Toyota Prius is known
for its exceptional efficiency, which means you’ll be saving money on fuel as
you perform your job. The Prius also rates well in terms of reliability and has
a comfortable amount of space for passengers and cargo alike.
Pick – Kia Soul, model years 2016-present: The Kia Soul’s square edges and
box-like design make for a remarkably spacious interior, which is great for
passengers. The Soul is as affordable option that also offers various available
Pick – Honda CR-V, model years 2015-present: If you plan on driving during
snowy winter weather, choosing a reliable performer with all-wheel drive – like
the Honda CR-V – is your best option. The CR-V boasts top specs across the
board, offering great fuel efficiency, advanced safety features, and a
comfortable interior that you won’t mind spending long hours in.
At E-Z Way Auto Sales, we have a great selection of vehicles suitable for Uber and Lyft driving. Check them out today!
Buying a new car can be prohibitively expensive, and as new models keep getting more reliable year after year, buying used continues to be an excellent option. Still, you never quite know what you’re doing to get, and it pays off to know what to look for when buying a used car.
Check the exterior and interior. The condition of the car will play a large role in determining its value. Check for exterior repairs and inspect the interior upholstery. Don’t be deterred if the car has gotten into a minor fender bender, but expect trouble down the road if you find dirty or rusted parts.
Check the tires. How tires wear can tell you a lot about the condition of the car. Look for feathering on the tire surface, which is sign of poor alignment and can be caused by worn steering and suspension components.
Look under the hood. There are many things to look for there, but a few that should have top priority. Check that there is foam residue on the oil filler cap and no dark brown oil stains on the engine block. Either of these will lead to major repair bills in the future.
Test the features. If having functioning lights, air conditioning, music playback, parking sensors, and a backup camera all matter to you, test them. Having to fix one or two items may be acceptable, but the cost of fixing a host of minor issues really adds up.
Test drive it. Arguably the best way to know the condition of a car is to test drive it. Listen for unusual sounds, such as clunks when turning, and give the
One of the best ways to buy used is to shop at E-Z Way Auto Sales, whose business depends on selling only high-quality used cars. Test drive one today!
When looking to buy a new or used vehicle, a factor that should consider is how reliable the vehicle will perform over time. Not only will this elevate your confidence on the road, but it will give you peace of mind that your investment is a good one and that the car will serve you well for years to come. Typically, there are certain car brands — or models — that have a reputation for being reliable and long-lasting. Here’s a short guide to the most reliable car brands to help you on your search for the perfect used car. Both U.S. News & World Report and Consumer Reports rank these brands among the top.
Toyota: Toyota is one of the largest car manufacturers in the world, and its popularity is guaranteed by its steady reliability and beloved models.
Kia: Kia’s exceptional warranty is unsurpassed for its quality, which is backed up by its reliable performance and equipment.
Buick: This luxury brand is among the best, achieving the perfect balance between performance, affordability, and upscale features.
Honda: Honda vehicles — like the Accord, Civic, CR-V, and Odyssey — routinely lead their segments and win top industry awards.
So there you have it: if you’re looking for a used car, a good place to start is to shop for those offered by the reliable car brands. Check them out at E-Z Way Auto Sales!
There is no single, set-in-stone way to go about the used car buying process, but most shoppers start with a whole lot of good-old fashioned online research. With the multitudes of online resources (some more reputable than others), finding the right vehicle information can be fraught with unnecessary challenges and stressors.
Avoid personal blogs and non-professional sites. A few reliable go-to sites are Edmunds.com, AutoTrader.com, and CarsDirect.com. These sites process the most up-to-date, insider information directly from the auto industry and present it to consumers in a clean, easy-to-read style.
Resist the Impulse to Be Impulsive
You might stumble upon what seems to be the perfect make and model at a sublime price, but don’t take the plunge right away. Bookmark the page with the vehicle information and do some more research on model’s history, its resale value, known mechanical issues, and seller information. Patience pays off, we promise!
Don’t Share Personal Information
If any seller – especially an independent or private seller – asks for your personal information (e.g. social security number, home address, date of birth, etc.), say NO. There is no need to share personal information until the point of sale.
If you still want to know more about how to research used cars online, give us a call! One of our helpful representatives is waiting to assist you.