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1. Memorial Day Weekend Car Sales Las Vegas

   05/25/2011 by

   My top 7 tips for DEALS ON WHEELS this  Memorial Day weekend.

   Every car dealership, is boasting BIG Memorial Day new or used car sales events through-out Las Vegas, but are there really deals out there and if so, how good are they?

   The truth be told, the hidden gems of Memorial Day weekend car sales are in the rebates , incentives and inventory you can find as the annual Summer Car Selling Season begins…

   Here are my top 7 picks for “Deals on Wheels” this summer.

   1. Ford, Jaguar, GM, KIA, Hyundai and Chrysler have the inventory and the best rebates or LOW interest rates on NEW CARS, right now.
   2. Look for GREAT LEASE SPECIALS: $169.00 on a FORD FIESTA or $199.00 on a KIA FORTE to $599 on a Jaguar XF, where ample inventory gives you great color, and feature selection with minimal down payment to get in the game.
   3. TRADE-IN’s are worth all the money right now, SO ACT QUICK, because the used car trade-in values are going to burst by Labor DAY.
   4. LUXURY brands: USED CAR SALES of BMW and Mercedes Benz are showing signs of softening prices, so jump on the certified pre-owned BMW 3 series or Mercedes Benz E350 or C350.Some dealers are offering factory-backed
   5. USED CAR LEASES on luxury models. Lease a 2008 Porsche Boxster for $499.00 a month!  Get the ride without the budget-busting payment. Ask around, only certified, branded dealerships offer these programs with full factory certified warranties.
   6. Check the interest rate incentives from the car makers. 0% for 60 mos. is available on many models from Kia to Jaguar! Certified pre-owned vehicles often have rates as low or lower than the NEW CAR factory programs, again, only offered through the branded dealership.
   7. Early lease terminations. Many car companies are offering 3 mos. waivers to get you out of your lease now and into the new model.  It’s worth doing, especially if your leased vehicle is over-miles or is a “wanted” car, sought after in the used car market.

   Happy Memorial Day car shopping… and remember “advice is always free from MyCarlady.”
   

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   Sarah Lee is an automotive writer, personal car concierge and commercial fleet manager. If you need free advice on your car problem, question, issue, contact her at sarahlee@mycarlady.com for a confidential conversation.
   She has over 22+ years of experience. She writes about Cars, and is a staunch consumer advocate on car related subjects.
   MyCarlady offers private, auto-related services to help you maintain your personal or commercial vehicles. Call Sarah Lee for more information: 702-521-7546

   Category: CAR MAKES
   Tags: Jaguar xf, KIA Forte, las vegas used car sales, luxury used cars under 40k, memorial day car sales, memorial day lease deals
   

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2. Used Cars for Sale costs up 35%

   05/22/2011 by

   The cost of buying a used car in Las Vegas, Nevada is up 35%  from last year at this time.

   Thanks to CASH for CLUNKERS-JUNKERS, and the slow recovery, more owners have stayed in their cars an average 24 mos. longer than expected.  This has resulted in new meaning to the catch phrase: CASH FOR JUNKERS.

   Today used cars in mediocre to poor condition are demanding prices deemed “absurd” by most people familiar with automotive industry.  Customers shopping CRAIG’S LIST regularly find older Honda Civic and Toyota Corolla models with 150,000+ miles listed for over $2000.00

   Local Las Vegas used car dealers are finding trade-ins  appearing with over 100k miles on a regular basis, and trade-in equity is at the top of the NADA and KELLEY BLUE BOOK when the car loan and auto finance banks look at the debt to equity ratio on the new car loan.

   “We are being extremely pro-active in giving top trade-in value to our customers,” says Jim Mooradian, General Manager of  Gaudin Motor Company,  a purveyor of Jaguar, Porsche, Fisker and pre-owned cars, “our clients bring us low mileage, garaged cars that are often extra’s they no longer need. It is typical of these trade-ins to have detailed service records and be in immaculate condition, which helps us step-up and give them more cash value.”

   Approximately 12% of the used cars currently listed on Autotrader.com, Cars.com, Carsforsale.com and Craig’s List had below 15,000 miles per year, considered average use.

   Mooradian added, “We have buyers from all over the country fly into Las Vegas to pick-up used cars deals because compared to the condition and miles of similar vehicles thousands of miles away, our are priced fairly and many include certified warranties with low interest rate financing for used cars, which is unusual in this economic market.”

   A recent report on Las Vegas television sighted numerous dealerships advertising they will buy a used car directly from an owner, with or without clear title. This is in an effort to boost inventories as summer selling season begins and new car production can not meet demand.

   However, insiders point to used car prices hitting the ceiling of valuation in the eyes of the consumer and the bank making the loan. The shift-point could come as early as September when 2012 models arrive en-mass, however, until then, shopping for the perfect used car means doing your due diligence to be sure you are getting as much bang for your buck as possible.

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   If you have a question about the value of your used car, if this is a good time to trade or not, MyCarlady offers free car buying advice. Email sarahlee@mycarlady.com with your question.
   —————————————————————-
   Sarah Lee is an automotive writer, personal car concierge and commercial fleet manager. If you need free advice on your car problem, question, issue, contact her at sarahlee@mycarlady.com for a confidential conversation.
   She has over 22+ years of experience. She writes about Cars, and is a staunch consumer advocate on car related subjects.
   MyCarlady offers private, auto-related services to help you maintain your personal or commercial vehicles. Call Sarah Lee for more information: 702-521-7546

   
   

   Category: CAR MAKES
   Tags: cheap used cars, LAS VEGAS USED CARS, luxury preowned cars
   

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