CAN I TRADE IN A CAR WITH NEGATIVE EQUITY?
While trading in a car with a loan still attached to it isn't the best idea, it's still an option if you deem it necessary. For some, selling your car with positive equity will mean money back in your pocket you can use towards the next transaction. But if you're selling your car upside down or with negative equity, be ready to fork over a bit more than you may have thought.
But is it worth trading in your car with negative equity on your name? There are a few options to look for to keep your situation flexible, and it all starts with having an understanding of all the numbers involved.
Calculate How Much Negative Equity You Have
Before you even consider anything, the first step is to understand how much you owe on your loan. A loan of 10k will likely mean much lower negative equity than a lo...
But is it worth trading in your car with negative equity on your name? There are a few options to look for to keep your situation flexible, and it all starts with having an understanding of all the numbers involved.
Calculate How Much Negative Equity You Have
Before you even consider anything, the first step is to understand how much you owe on your loan. A loan of 10k will likely mean much lower negative equity than a lo...
Making Sense of Car Buying Trends for 2022
The new and used car buying market has seen its shares of ups and downs over the last two years. With the coronavirus pandemic changing how we live our lives in 2020 and returning to a semblance of normalcy in 2021, the car buying industry has seen significant upheaval. As we march forward into 2022, savvy car buyers want to look at the past to potentially see what the future holds and discover where they can get the best bang for their buck in 2022.
Understanding the state of the new and used car market in 2021 can potentially shed light on where we’re heading in 2022. Here are some of the critical automotive trends you can look for to better understand where the automotive industry as a whole is headed.
Used Car Prices
2021 saw a marked increase across the board in used car prices. With...
Understanding the state of the new and used car market in 2021 can potentially shed light on where we’re heading in 2022. Here are some of the critical automotive trends you can look for to better understand where the automotive industry as a whole is headed.
Used Car Prices
2021 saw a marked increase across the board in used car prices. With...
The Essential Guide for Buying a New Car This Summer
When it comes to buying a new Buick in Bensalem, there are many schools of thought regarding when the best time of year to buy the car is. Some say the winter months; others say stick to the seasonal holiday deals to find the best rates for your next vehicle.
However, there are times when you need a new car quickly and cannot wait to make a decision on a new car. So if you find yourself looking for a new car this summer, what are some crucial tips you need to keep in mind?
Plan Your Trade-In Accordingly
Buying a new car can quickly become quite a costly investment. With auto loans, insurance, inspections, and everything else that might pop up, finding ways to alleviate the financial burden of buying a new car can significantly help your experience. One common way to help reduce the amount...
The Benefits of Bringing Your Buick to A Certified Service Center
Every car you own will require servicing at one point or another during your time with that particular vehicle. Finding a service center with extensive knowledge and experience working on your specific make and model can prove challenging if you go to a local service center. They see many different styles of cars come through their doors, and while they may have a track record of success, they may lack the familiarity with the specific Buick model that you own.
A dedicated service center with technicians that have been extensively trained in working with all models of new Buick vehicles in Bucks County can help ease some of the anxiety associated with entrusting your car to a service center. Here are some of the biggest reasons a dedicated service center can help keep your vehicle in peak...
Important Safety Content For The Buick Encore
As newer and newer vehicles have hit the automotive market, the most sought-after features have changed courses. While heated seats and major audio systems were once something that made consumers swoon, what now provokes the “oooh's” and “aaah's” are high-tech safety systems. Just as many consumers are opting for hybrids to save the Earth, even more are choosing to protect themselves and others by seeking these systems out.
Take the all-new Buick Encore GX as an example. This compact SUV is a winner in safety with top crash test scores and safety features. In government crash tests, the Encore GX excelled in all areas with top scores in overall crash protection, frontal protection and side-impact protection. It also received top marks by the Insurance Institute for Highway Safety in modera...
What Causes the ‘New Car Smell ?'
When you buy a new car, there is one thing that you know you'll enjoy the most as long as it lasts. No, not the latest features found in your new Buick; it's that wonderful new car smell! Something is mesmerizing about that new car smell. You know the one—it's difficult to describe fully, but you know it as soon as you smell it. You sit in a new car and slowly inhale, wondering what comes together to create that one-of-a-kind scent. You may have taken the time to stop and think about what makes that "new car" smell so unique. You may have also thought about how you can replicate that smell and continue to keep that smell in your car for longer. The following infographic provides an overview of the “new car” smell:
Replication is The Most Sincere Form of Flattery
No matter what you do, tha...
Terms to Know Prior to Leasing Your Next Vehicle
Whether you are coming to Faulkner Buick GMC Trevose for our Buick auto sales in Bucks County or you’re considering leasing your next vehicle, it is important you know what all the terms mean before you sign your contract — especially if you are planning on leasing your vehicle. Leases often contain a bit of technical “jargon” that can make it a bit challenging to understand the terms and conditions you’ll need to follow when you sign on the dotted line.
Reviewing a few common terms before you lease a vehicle can help you better understand if leasing is right for you. Here are five of the most important key words and phrases to know to ensure you understand your lease and that it has everything you need.
- MSRP: The Manufacturers’ Suggested Retail Price (“MSRP”) is the price the maker says t...
4 Tips for Leasing a Car in 2020
While Faulkner Buick GMC Trevose is known for our Buick auto sales in Bucks County, we work with qualified lessees on their vehicles as well. Leasing can be an excellent way to get into the new or used vehicle you need without saving up thousands of dollars to buy one. If you’re interested in leasing your next car or truck, here are a few quick tips you can use to make the process easier.
- Consider your needs over looks. When looking at GMC vehicle lease deals in Bucks County, factor in more than just how the vehicle looks. You should also pay close attention to interest rates and the needs of any of your passengers before you choose. Make sure you are selecting the car that will provide the most value to your family.
- Factor in all the costs. Make sure you also ask about all of the costs th...
Five Tips to Drive Safely During COVID-19
When you purchase a new GMC vehicle in Bensalem from Faulkner Buick GMC Trevose, we want to make sure we do everything we can to keep you safe on the road. That includes giving you tips to drive safely during this COVID-19 pandemic. Here are a few tips to keep you and your family safe, no matter where your new vehicle takes you.
- Bring wipes along for the ride. We have all gotten used to cleaning our hands more often, but you need to carry the same level of caution when it comes to your vehicle as well. Bring antibacterial or antimicrobial wipes with you to wipe off any common surfaces in your car.
- Limit the number of trips you take. One of the easiest ways of staying safe is by limiting your drives to essential trips. While some trips will always be necessary, try to limit nonessential tr...
Four Benefits of Leasing Your Next Car
There are plenty of new GMC vehicles in Bensalem available for purchase from dealerships like Faulkner Buick GMC Trevose. However, it can be tough to buy a new car in cash especially if you're going to school or looking for work. Leasing a vehicle allows you to get the latest model of the vehicle you've had your eyes on without saving up thousands of dollars to purchase it upfront.
Did you know there are times where leasing a vehicle might even be the better option over buying it in cash? true! Here are a few of the benefits that come with leasing your next ride.
- Less restraints on your wallet. When you lease, the payments are typically lower, which can lead to having more money that you can put toward bills and necessities. You might also be able to purchase a newer or more expensive mod...
What Do the Lights on Your Car Mean?
It’s happened to everyone at some point or another — you’re driving down the highway when suddenly a light flips on on your dashboard. Should you be panicked? The answer might depend on which light is on. Let’s take a look at some dashboard warnings you might see on your vehicle and what they mean.
- Battery alert. Your battery light looks like a red box with a plus and minus sign inside of it. Your battery alert might come on if your car’s battery is dying or if there’s an issue with your battery cable. In most cases, you should have your car taken in for service right away.
- Check engine light. Your check engine light looks like a small square with knobs and turns coming out of it. The check engine light might come on for a wide variety of reasons, including everything from overheating to a g...
5 Advantages of Buying a Used Car
Everyone enjoys the feeling of riding out of a vehicle dealership with a shiny new car. However, there are also a number of benefits that come with buying used as well. Be sure to consider these advantages when you start weighing the benefit of shopping new versus used at your source for Buick auto sales in Bucks County.
- More affordable. Used cars are, on average, more affordable than new ones. If you’re shopping on a tight budget, it’s usually better to buy used.
- Less depreciation. Car buyers often complain about vehicle depreciation, which is a drop in the value of a vehicle as it ages. When you buy a used car, the bulk of the vehicle’s depreciation has already occurred. When you buy a new car, you’ll deal with a much larger percentage of depreciation as soon as you drive off the lot.
- Bet...
