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CarBuyingTips.com Blog

February 2017

Lexus and Toyota Owners With Cracked Dashboards Grow Angry Over Lack of Repairs

By Jeff Ostroff | Published February 22, 2017

Frustrated owners blame Lexus for lack of progress, misleading them as they threaten lawsuits. We have been telling you for about 2 years now about the Lexus and Toyota cracked and melting dashboard issues and how these car makers have instituted a free extended warranty to cover the repairs for replacement of new dashboards for all the affected models on the approved repair list.Read more>>

Good reasons not to trade a car you still owe money on

By Jeff Ostroff | Published February 16, 2017

What if the car dealer fails to pay off the existing loan on your trade-in vehicle? Ever since our inception in the late 1990's we have been warning consumers about the dangers of trading in your existing used car when you head out to buy a new car. Unfortunately most car shoppers make very foolish and painful mistakes, among them trading in their existing car when buying a new car, but even worse, trading in a car that they still owe money on. Read more>>

Use Caution: Auto Interest Rates on the Rise

By Lyle Romer | Published February 10, 2017

Auto interest rates have been on the rise for a while now. Since November 2016, the average rate is up about a tenth of a percent. That doesn't sound like much but we at CarBuyingTips.com anticipate that they will rise further. Read more>>

January 2017

Buying a new SUV or pickup truck? Oil prices are about to take off

By Jeff Ostroff | Published January 26, 2017

How to use the cycle of gasoline prices to maximize new vehicle discounts. We have all been enjoying lower gas prices the last 2 years, since oil started its gravity free fall plunge south of $100 per barrel in 2014, hitting the low price trough in January 2016 around $26 per barrel. But now some very notable and rare developments have occurred in the energy markets that threaten to shoot the price of gasoline up quite a bit in 2017. Read more>>

EPA Accuses Fiat Chrysler Of Using Deceptive Emissions-Cheating Software

By Jeff Ostroff | Published January 13, 2017

Fiat Chrysler stock plummeted 10% and was halted when news of EPA accusations broke. Well here we go again folks; another car company has now been issued a serious Notice of Violation (NOV) for emissions by the EPA. After I just finished writing the other day about the FBI arresting Volkswagen executive Oliver Schmidt last week, I find myself still writing again on the subject of potentially emissions coming from those pure clean diesel engines we were promised.Read more>>

FBI arrests Volkswagen executive Oliver Schmidt for fraud over Dieselgate emissions scandal

By Jeff Ostroff | Published January 11, 2017

VW executive on his birthday was denied bond by a federal judge. As you know, we are based here in Ft. Lauderdale, FL, where last week we had a major news event, as 26 year-old airline passenger Esteban Santiago allegedly shot and killed 5 people at our local Fort Lauderdale Airport (FLL). With this huge news event going on all weekend, many of you likely missed the other airport news that occurred here also, with a lot less fanfare, and a much better ending, except for the VW executive that got arrested.Read more>>

Trump Effect on Auto Industry Begins

By Lyle Romer | Published January 10, 2017

It doesn't matter who you voted for. It doesn't matter if you love Donald Trump or hate him, it can't be disputed that the effect of his election is already causing a ripple effect on the auto industry. Read more>>

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