The car you currently own probably represents profit. The question is, whose profit will it be? With few exceptions, you’ll get the most money for your used car by selling it privately. That’s because dealers pay wholesale prices — not retail prices — for used cars.
They sell them at retail, and the difference […]

The key to getting the best deal is to understand where dealerships reap their profits and where they serve as middlemen. A car dealer’s main sources of profit, in no particular order, are: the new vehicle’s purchase price; trade-ins and resulting used-car sales; financing and insurance; “back-end” products and services, such as rustproofing and […]

Some cars just don’t age well. Even a great value buy in the new-car market can bomb in the used-car market with low resale values.
Vehicles like the Kia Sedona minivan and Lincoln Town Car look good, perform well and often are purchased new at bargain prices. But take a closer look at them three years […]