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.
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.
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.
One of the more vital fluids that your vehicle needs is
transmission fluid, but it doesn’t seem to get the same attention as your
engine oil. Like engine oil, transmission fluid is essential for your vehicle’s
health, and like engine oil, it degrades and disappears over time. Is changing
transmission fluid important? Absolutely. Here’s why.
As you might guess, transmission fluid serves a similar purpose
as engine oil. It helps lubricate the transmission’s gears, enabling smoother
movement. It also helps to regulate the temperature of your transmission,
preventing overheating. Having dirty transmission fluid or too little
transmission fluid can result in significant damage to your vehicle, and
transmission failure is one of the more costly problems to have to fix.
Because of this, it’s important to know how to check your transmission fluid. If you’ve driven your car over 100,000 miles, chances are quite good that you’re due for a fluid change. If you notice symptoms like grinding, rpm spiking, and sudden inconsistencies in shifting, do not hesitate to have your transmission fluid inspected and changed if necessary.
If you’re in the market for a high-quality used vehicle, visit EZ Way Auto Sales. We only stock the best vehicles possible to ensure that you can get right on the road without a worry.
the onset of the fall season, you’re more likely to experience windshield or
window glare as you’re driving due to the sun setting and rising earlier.
Nevertheless, there are plenty of ways to reduce glare. From treating your
windshield to changing your driving habits, there are several ways to minimize
this irritating occurrence.
Glare can be both dangerous and annoying. According to The News Wheel, using white vinegar on your windshield after you wash it thoroughly can actually get rid of residue on the surface of the glass. Just be sure to use white vinegar, as it evaporates more quickly and won’t leave a sticky mess like some other varieties.
your wipers clean is important. Not only should you keep your windshield washer
reservoir full, but also periodically wipe down the blades to get rid of dirt
and grime. If you haven’t replaced your wipers in over a year, it’s a smart
idea to do so to prevent an issue on the road.
change your driving route to get rid of unwanted glare. The sun rises in the
east and sets in the west, so if you can avoid these directions at a particular
time of day, you might be able to reduce the need for any anti-glare action.
Depending on your commute, the reroute shouldn’t drastically increase your
consider tinting your windows if all else fails. To avoid any errors in the
tinting process and to make sure you don’t cross the legal threshold for
darkness, always to go a professional for window tinting services.
Although a simple part of vehicles, windshield wiper blades are essential for maintaining visibility on the road and therefore elevating everyone’s safety. In case you didn’t know, there are actually different types of windshield wiper blades that are better for certain seasons. Many producers of auto parts make windshield wiper blades made specifically for wintertime, but you may wonder if they’re really worth it. Here are a few reasons why you should consider winter windshield wiper blades.
Winter blades are tested to perform in low temperatures If you expect to be regularly driving in cold winter weather, winter wiper blades are worth considering. These wipers are tested to perform in even sub-zero temperatures, helping you navigate in the coldest of road conditions.
Insulated, flexible design: Even in cold weather, winter wiper blades will reliably perform. They’re more insulated and flexible than standard wiper blades, allowing them to properly combat snow, ice, slush, and salt.
Convenience: Wiper blades should be replaced after the summer months anyway, since hot weather dries them out and causes them to crack. If your wiper blades are dry or cracked, they will streak or skip and reduce visibility. Because you generally need to change wiper blades in the fall anyway, it’s the perfect time to swap them out for winter blades.
If you’re concerned about installing your wiper blades, schedule a service appointment at E-Z Way Auto Sales. We’ll equip winter blades and give your car an inspection while at it!
Servicing a new car is crucial to keeping it looking better and lasting longer, so make sure you stay on top of the maintenance schedule and address these needs.
Check Oil Level and Quality Each Month
Most modern vehicles only need oil changes every 5,000 miles or so, but it’s still a good idea to check the actual level and quality of the oil at least once a month to make sure there are no leak and the oil isn’t too dirty.
Keep Up with Tire Pressure
Improperly inflated tires can lead to a whole host of problems, from reduced fuel economy to uneven tread wear. Make sure you break out the pressure gauge regularly and keep your tires inflated.
Wash Your Vehicle Regularly
Washing your vehicle doesn’t just keep it looking nice. The accumulation of dirt and grime can cause lasting wear-and-tear, especially if you live in an area where salt accumulates on the undercarriage in the wintertime.
Have Routine Inspections Every Oil Change
Whenever you go in to have the oil changed, you should have a professional look over your vehicle. Things like checking battery charge, inspecting brakes, checking fluids, changing filters, and other routine maintenance should be performed regularly.
Follow these simple guidelines for servicing a new car to keep it in like-new condition longer. Here at E-Z Way Auto Sales, we inspect every vehicle before we put it on the lot to sell to you. Check us out today!
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.