News & Blog

Buying a Used Car: Negotiating with Dealerships vs. Private Sellers

When it comes to buying a used car, one of the biggest decisions you face is choosing between buying from a dealership or a private seller. Each option has its own set of advantages, challenges, and negotiation tactics that can significantly impact your buying experience and final price. This detailed guide, brought to you by MotorVero, explores these differences to help you make an informed decision. Whether you’re searching for a dependable vehicle or looking to score the best deal, understanding both scenarios is crucial.

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Motorvero

November 08, 2024

How Do Car Dealerships Make Money?

Car dealerships are dynamic businesses, thriving on multiple revenue streams beyond just new car sales. While it might appear straightforward to many car buyers, there is a complex business model at play that ensures profitability. In this in-depth exploration, we'll break down exactly how car dealerships make money and how MotorVero helps dealerships maximize their profits across various income sources.

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Motorvero

November 08, 2024

What’s an Out-The-Door Price on a New Car?

When it comes to car shopping, you'll encounter various price tags, but none is more critical than the out-the-door price. While the Manufacturer's Suggested Retail Price (MSRP) is often the price you'll see on the car sticker, it's not the complete cost. MSRP includes the vehicle's base price, factory-installed options, and delivery fees. However, it’s merely a suggestion by the manufacturer, giving dealerships some wiggle room for negotiation.

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Motorvero

November 08, 2024

Certified Pre-Owned Cars vs New Models: How to Decide

When it comes to purchasing your next vehicle, the decision between buying a brand-new car and opting for a Certified Pre-Owned (CPO) model is anything but simple. Car companies often present CPO vehicles as having nearly the same benefits as new ones—but at a significantly reduced price. However, determining which choice is the best fit requires careful consideration of several factors, including cost, warranties, features, and value retention. This comprehensive guide will help you navigate the pros and cons of both options, giving you the confidence to make the right decision for your needs, with MotorVero offering unparalleled insight and expertise.

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Motorvero

November 08, 2024

When Buying a Car, What Should You Bring to the Car Dealership?

Buying a car can be an exciting yet daunting experience, especially if it’s your first time. Whether you’re purchasing a brand-new car or a pre-owned vehicle, being prepared can make all the difference. Arriving at the dealership with the right documents and tools will ensure you have a smooth and stress-free experience. Below, we cover the essentials you need to bring to a car dealership, including paperwork, trade-in requirements, financing documents, and more. MotorVero is here to guide you through each step, making the car-buying process as hassle-free as possible.

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Motorvero

November 08, 2024

How To Get Financing For A Used Car

Getting financing for a used car doesn't have to be a daunting process. With the right preparation, clear understanding of your budget, and the tools that MotorVero provides, you can easily navigate through your options and secure the perfect car loan. Below, we guide you step-by-step to make financing your next used vehicle a smooth and successful experience.

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Motorvero

November 08, 2024

When to Walk Away from a Deal Even if You Love the Car

Imagine you've researched a particular car, found the ideal mix of features, and even got a fair price in mind. But when the time comes, something just doesn’t feel right. It’s at this juncture that emotional discretion becomes crucial—you need to be ready to walk away before even sitting down with the salesperson. Walking away from a deal might feel challenging, especially if you truly love the vehicle. This is where MotorVero’s guidance makes all the difference, providing objective advice and tools to help navigate these tricky negotiations.

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Motorvero

November 08, 2024

10 Good Reasons to Buy a Used Car

If you’re contemplating buying your next vehicle, opting for a pre-owned car could be one of the smartest financial moves you make. In this guide, we’ll explore the top 10 reasons why choosing a used car can be highly advantageous, and show you how you can leverage MotorVero to find the perfect match while saving significantly on cost. Let's dive right in!

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Motorvero

November 08, 2024

How to Negotiate a Car Price

You've set your budget, researched thoroughly, and found a used car that piques your interest. The next step? Negotiation. Negotiating the price can feel intimidating, but it doesn't have to be a tense battle. By being prepared and informed, you can approach the car-buying process with confidence and get a great deal on your next vehicle.

 

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Motorvero

November 08, 2024

How to Buy a Car With Bad Credit

You've done your research, narrowed down your choices, and pinpointed the perfect used vehicle that fits your needs and budget. Now, it’s time to test-drive it and ensure it’s truly the right one. A thorough test drive can give you confidence in your purchase or highlight areas that need further negotiation. MotorVero provides this step-by-step guide to help you maximize your test drive experience and make a fully informed decision.

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Motorvero

November 08, 2024

5 Things To Do When Test-Driving a Used Car

When purchasing a used vehicle, the test drive is a pivotal part of the process. Whether you're dealing with a private seller or a dealership like MotorVero, you want to ensure that the vehicle you choose meets all your expectations for performance, safety, and comfort. This guide will walk you through everything you need to know for a successful test drive, providing peace of mind in your buying decision.

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Motorvero

November 08, 2024

Buying a Used Electric Vehicle

Unlike traditional used car transactions for crossovers or pickups, buying a used electric vehicle (EV) presents a unique opportunity to save money compared to purchasing a new model. MotorVero offers insightful guidance for those considering a shift to electric. Used EVs tend to be available even when the general used car market is inflated, with a 24% price decrease observed in 2024 compared to 2023. This significant drop is partly due to the steep depreciation rate associated with EVs, much like that of European luxury cars.

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Motorvero

November 08, 2024

Mercedes-Benz and PowerX Partner to Launch High-Power EV Charging Network Across Japan

In a groundbreaking move to accelerate electric mobility, Mercedes-Benz has partnered with PowerX to establish a high-power electric vehicle (EV) charging network across Japan. This strategic partnership aims to address the growing demand for EV charging infrastructure, contributing significantly to the expansion of electric mobility solutions and promoting sustainability.

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Motorvero

November 02, 2024

How Vehicle Manufacturing Fuels Growth in Industrial Production

Industrial production in March 2024 recorded an increase of 0.4%, aligning with market expectations and driven primarily by a significant rise in manufacturing output. Utility production, which grew by 2%, and mining, which declined by 1.4%, effectively balanced each other. February’s production growth was also revised upwards, from 0.1% to 0.4%, indicating stronger momentum in early 2024.

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Motorvero

November 02, 2024

How Old is Too Old? Choosing the Right Age for a Used Car

As car prices remain high despite a slight cooling from record levels, many drivers are turning to older used cars to meet their needs. However, the question arises: how old is too old when it comes to buying a used car? While there are no definitive rules for the age of a reliable vehicle, there are key factors to weigh before making a decision. This comprehensive guide will help you navigate the nuances of buying an older used car, ensuring your choice remains safe, cost-effective, and suitable for your needs.

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Motorvero

November 02, 2024