The COVID-19 pandemic has greatly impacted the U.S. economy, touching every business, including the automotive industry. This economic upheaval, though, may provide a silver lining for you if you’re in the market for a used car. With the price of some used models showing notable decreases, now may be the right time to get an even greater deal on a used vehicle from E-Z Way Auto Sales.
When compared to March prices, the first half of April recorded an 11.8 percent price reduction, according to research published in the Manheim Used Vehicle Value Index. In those first 15 April days, three-year-old vehicles were priced 4.8 percent lower. In fact, all major segments posted lower prices than in March.
Across the board, though, only a one percent decrease was posted for retail prices. This modest reduction may be the result of the economy’s prospective return to normalcy. Since retail value is holding close to steady, your trade-in car might not net you as much as you wanted, notes Consumer Affairs reporter Mark Huffman.
If you’re ready to upgrade your ride, you’ll find no limit to high-quality used vehicles from a variety of makers, all at a great price at E-Z Way Auto Sales. Our finance experts will work with you to determine financing or a loan that suits your budget.
Contact E-Z Way Auto Sales in Hickory, North Carolina, and get a great deal on the ideal pre-owned vehicle for your driving needs and budget.
Kelley Blue Book has unveiled the winners of the Best Resale Value Awards for 2019. Throughout the first five years of owning a vehicle, depreciation overall costs more than insurance, maintenance, and fuel combined. As such, it’s a good idea to opt for one of these vehicles, which can retain much of their value over time.
Trucks tend to hold their value well, which is why they account for many of the winners on the Best Resale Value Awards list. On average, the capable and powerful Ford F-Series models can retain 50.6 percent of their resale value after 60 months and 57.5 percent after 36 months.
Combining both truck and SUV features, the uniquely-designed Honda Ridgeline retains 51.3 percent of its resale value after 60 months and 63.2 percent after 36 months. After 60 months, the all-new 2019 Chevrolet Silverado holds 53.7 percent of its resale value. The strong GMC Sierra also has an impressive resale value, retaining 56.7 percent after 60 months.
The capable SUV
Made for both on and off-road adventures, the 2019 Jeep® Wrangler snagged the second-highest spot on the list. The SUV retains 58.3 percent of its resale value after 60 months and 66.5 percent after 36 months.
Toyota earned three of the sought-after spots on the list with the 4Runner, Tundra, and Tacoma. According to Kelley Blue Book, the Tacoma has the best resale value of any other 2019 model. The truck retains 62.2% after 60 months and 69.4% after 36 months.
If you’re interested in any of these vehicles, be sure to visit E-Z Way Auto Sales to check out our used vehicle inventory.
If you’ve ever shopped for a used car, you’ve probably heard the term “CPO vehicle.” CPO stands for Certified Pre-Owned, which is a special category of used car that goes through a series of tests and meets certain qualifications to be considered “certified” by the dealership.
Every vehicle brand has its own rules, but in general, to be considered certified, a vehicle has to pass a rigorous inspection to guarantee it’s in good shape, be about six model years old or newer, have driven less than a certain number of miles, and have a clean vehicle history report.
The report means that the car doesn’t have any serious mechanical issues, obvious cosmetic defects, or significant crashes in its history.
Buying a CPO vehicle is a little more expensive than buying a regular used car, but it comes with plenty of benefits, in addition to peace of mind. CPO programs usually offer exclusive warranties you wouldn’t get buying an uncertified used car, and you can even qualify for a special low-interest rate on your loan.
Many CPO programs feature other benefits like emergency roadside assistance, travel reimbursement, and other assistance in the event that you’re in an accident or need repairs or maintenance done on your vehicle.
To learn more about the Certified Pre-owned guarantees that each automaker offers and to browse our extensive CPO inventory, pay is a visit at E-Z Way Auto Sales.
Once you finish high school or college, getting a car is a
great way to celebrate your success. It also serves a purpose when you get a
job and need a commuter vehicle. There are a number of great used cars for
recent grads, whether you’re looking for a status symbol or something that’s
According to CarFax, one of the top cars is a Honda Civic, particularly the 2016 model year. This sedan is truly practical, and it lasts. The Civic comes with a sensible design and affordable price tag, and the 2016 model year has a sharper look and added performance to give you more bang for your buck.
BMW 3 Series
For those taking a more luxurious route, consider the 2012
to 2016 BMW 3 Series. While the 3 Series costs a little more than other sedans,
it will show others that you’re successful thanks to the air of refinement that
surrounds this vehicle. The 3 Series also has superb handling, a sleek
exterior, and a name you can trust.
Eco-conscious graduates should get behind the wheel of the
2016 Toyota Prius. This model has a four-door hatchback look, so it looks like
your average sedan. However, under the hood is a truly innovative hybrid
powertrain, which has 56 highway mpg.* You will not only reduce your carbon
footprint in the Prius, but you’ll save at the pump in doing so.
Want to explore the outdoors now that you’re finished with
school? Start your adventure in a Subaru Outback. The 2015 to 2016 model years
give you the best value, offering high ground clearance, standard all-wheel
drive, and a reliable design that you can trust.
Ever wonder which cars on the market have the least check engine problems? A survey from CarMD.com composed that information so that consumers can shop wisely. This list will help you choose a car with less check engine problems.
If the check engine light comes in
on this crossover, it’s most likely recommending that you replace the mass air
This popular compact car comes in
both sedan and coupe. Its check engine light is usually on for the simplest
reason possible — as a reminder to tighten or replace the fuel cap.
The most common reason for the
check engine light in the Toyota Sienna is also to replace the fuel cap, which
makes this minivan a reliable option for families.
The Subaru Forester comes with
standard all-wheel drive, so it’s both adventure ready and reliable, since you
won’t be seeing much of the check engine light in this vehicle.
This reliable SUV won’t require
many check engine light related repairs. Its most common reason for displaying
the check engine light is a call to replace the O2 sensors.
If you see the check engine light
in this compact crossover, you probably just need to replace the EVAP vent
If you don’t like to deal with check engine lights or would rather not see one at all, the above are strong vehicle choices — and you can find other good used vehicles not on the list at E-Z Way Auto Sales!
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!
Buying a used car is an excellent idea, no matter what type of vehicle you’re looking for. The following are five of the best used family cars that offer outstanding value for their good, pre-owned prices.
2011 Nissan Maxima
The handsome 2011 Nissan Maxima still looks fresh today, and in a Maxima that has been well cared for, the mechanics feel just as up-to-date. A midsize sedan is always a good, efficient option for family travels, and this affordable choice will not disappoint.
2012 Honda Odyssey
Excellent safety ratings, an efficient 3.5-liter V6 engine, and family-oriented amenities make this minivan a great used family vehicle.
2011 Toyota RAV4
If you want a vehicle with four-wheel drive, a used Toyota RAV4 is a great pick. They’re comfortable, reliable, and easy to maneuver, making them good choices for driving in the snow or off of pavement.
2011 Toyota Sienna
Another great used option in the minivan segment is the Toyota Sienna, which was redesigned for the 2011 model year. In these models and later you will find various valuable features like a kid-friendly entertainment system.
2011 Honda Pilot
Hondas are known for being reliable and long-lasting, which makes them great used cars. The 2011 Honda Pilot seats up to eight, so it’s a good choice for bigger families or frequent carpoolers.
Picking the right car is crucial when buying used, which makes having access to an extensive lineup of excellent used car truly convenient. And that’s exactly what you can expect at E-Z Way Auto Sales!
If you are not someone who is passionate about cars, it is probably easier to take your car in for routine maintenance than get your hands dirty under the hood and risk breaking something. But, inquisitive minds still might wonder why we need to replace spark plugs, get the oil changed, etc. We at E-Z Way Auto Sales hope to shed light on some of those topics. We’ll start with an easy one: why you should get your car’s tires rotated.
Tire rotations should go hand-in-hand with every oil change—or at least every other. A good rule of thumb is every 5,000 miles. Why should they be rotated and at this frequency?
Tire rotations are all about the longevity of your tires. By the nature of the way you drive, your front tires will wear differently from your rear tires (and left vs. right). By regularly rotating them, you are ensuring the even wear of your tires. Doing so will keep them on the road longer and keep you safer behind the wheel.
Rotating the tires yourself is possible, though not recommended. You’ll need tools like an impact wrench, a torque wrench, a jack stand, and a hydraulic floor jack—plus the know-how. Because of that, it is recommended that you bring your car in to service departments like Tech 3 Automotive for routine maintenance. If it’s been a while since you’ve had the tires rotated, call them to schedule an appointment.
Buying a new car can be out of the question for many drivers, but new vehicles aren’t the only option. Used vehicles may present a better value to the right buyer. Here are a few reasons why buying a used car from E-Z Way Auto Sales is a wise decision.
Depreciation There aren’t many things that can reduce a new car’s price as dramatically as depreciation. Depreciation is the initial drop in value that the car takes when it leaves the lot under new ownership. The drop in value can sometimes be as much as 40%!
Fortunately, used cars don’t go through this sudden initial depreciation, as they’ve already had one owner and are no longer considered new. That means a used car will retain more of its value after you purchase it.
Certified Pre-Owned Programs Some manufacturers and dealerships sell used vehicles that are known as Certified Pre-Owned (CPO) models. Before a car is admitted to a CPO program, it must be inspected and reconditioned to like-new status and undergo a background check. After that, the dealership or manufacturer will back the vehicle with an extended warranty.
Those benefits tend to provide peace of mind for drivers of all ages. While a CPO vehicle will be more expensive than an ordinary used model, it’s still thousands of dollars cheaper than a comparable new car.