The best tips for buying a car, according to dealers

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Used car on display at a dealership
Used cars are displayed for sale at an auto dealership Glendale, California.

Mario Tama/Getty Images

Car dealers fight the threat of extinction as the Teslafication of their industry intensifies

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A white car against a stormy sky.
Auto dealers are fighting to stay relevant.

AP Photo/David Zalubowski

Car dealers use TikTok to reveal industry secrets and the clever ways sellers get you to spend more on cars

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Dealers
TikTok videos are helping car dealers find new customers.

@bmwoftuscaloosa; @bakersfieldhyundai661

Your car probably isn't worth as much as you think. Here's how to know what it's really worth.

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used cars
In January, trade-in values stood at $21,984, down 14 from their peak of $25,556 in June 2022.

REUTERS/Peter Jones

Buying a car is never going to get better — so you might as well buy now

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A photo of a young couple paying for a new car at a dealership.
The auto market is actually the best it has been in three years, if you want more vehicle availability or if you don't want to pay sky-high prices for a new ride.

martin-dm/Getty

You'll likely pay more and wait longer for repairs to your electric car

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auto repair
Automakers have to give dealers and repair shops access to the info needed to fix their cars. EVs might change that.

Fabian Sommer/picture alliance via Getty Images

That shiny new electric car you bought will cost more to insure — here's why

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The Ram 1500 REV electric pickup truck.
A new EV sold for $58,725 on average in January. That plays a role in the fact that insuring an EV might cost drivers more.

Ram

Car buyers rejoice: Discounts are making a comeback — but you might have to ask for them

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car dealership
Car-buying incentives are slowly creeping up, with discounts now at around $1,297, about 1% higher than the same time in 2022.

Reuters

Americans still aren't sold on electric cars

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Different Tesla vehicles
A new Deloitte study found only 30% of US car-buyers are considering going electric for their next vehicle.

Mike Blake/Reuters

Car companies want to make billions by charging monthly fees for features like heated seats — and electric cars makes it easier than ever

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Mercedes Benz 2024 E-class interior shows expanded touchscreen and selfie camera
Automakers are emphasizing subscription features more as a way to boost profits, particularly for EVs. For example, Mercedes offers an "Acceleration Increase" feature for an annual fee.

Mercedes-Benz

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