Used car prices in the fourth quarter

Posted on October 25th, 2011 No Comments

The National Automobile Dealers Association reported that trade-in values for used cars are expected to maximize new vehicle sales in the fourth quarter of this year.  ”Higher used prices will also drive more car shoppers to choose new vehicles instead of used ones because monthly payments between a new and used purchase will be closer,” according to Jonathan Banks, senior analyst of the National Automobile Dealers Association Used Car Guide.  Banks also states, “Automakers based in Japan will likely increase incentives to boost lost market share after the production disruptions from the earthquake and tsunami in March.”

If you are looking for a car at a competitive price, contact the Austin used car dealers of Chapman Motor Sales at one of our eleven locations today.

New law protects used car shoppers

Posted on August 22nd, 2011 No Comments

A new law in California mandates that used car dealerships must place a red sticker on cars that, according to the federal database, have had serious problems (also sometimes considered “lemons”). This is the first law of its kind and has received mixed reviews.

Advocates for the bill included the Consumers for Auto Reliability and Safety, the California New Car Dealers Association, and the National Independent Automobile Dealers Association. They argue this law will better protect used car buyers and make shoppers more confident in their purchases. Those in opposition include companies like Carfax and Experia that state having one information supplier is wrong.

The main objective of the law will not take effect until next July, but will require dealerships to run the used car’s identification number through the National Motor Vehicle Title Information System. However, it will come with a fee. Used car dealerships can charge up to $80 (but not more) for car documents.

If you or someone you love is looking for a great quality used car, visit the used car experts of Chapman Motors at one of our eleven Austin locations today.

Used car dealer sued for fake inspection stickers

Posted on July 23rd, 2011 No Comments

The Texas Attorney General has filed a lawsuit against the owner of two Arlington car dealerships, accusing the owner of selling cars that did not pass safety inspections or emission tests.

Prosecutors claim that the owner repeatedly tested vehicles that passed emission and safety protocols in order to obtain inspection stickers which he would then put in other cars that had not passed. He would then sell the cars that had not been inspected, leaving customers to pay for the repairs when the stickers expired.

According to the lawsuit, about 97 vehicles were sold with fraudulent inspection stickers, 82 of which were sold or owned by both Arlington car dealerships.

If you or someone you love is looking for a used car and want to purchase from a well-known, good quality dealer, visit one of the eleven Austin locations of Chapman motors to look at pre-owned vehicles today.

Australia tests imported Japanese cars for radiation

Posted on June 21st, 2011 No Comments

Nearly 800 Japanese-made automobiles will be transported to Sydney, Australia this week, prompting the Australian Radiation Protection and Nuclear Safety Agency to test for possible radiation.

The agency has been under pressure to conduct radiation tests after some vehicles shipped from the same Japanese port, Yokohama, to Chile contained low levels of radioactivity.

Acting head for the agency does not believe they will find radiation on the vehicles, but is taking these steps as a precaution. Only thirty vehicles out of the 800 being shipped are used vehicles which some fear could have been from areas affected by the tsunami. Hand-held radiation devices will be used to conduct the tests.

If you are looking for a used car and want to purchase from a well-known, good quality dealer, visit one of the eleven Austin locations of Chapman motors to look at pre-owned vehicles today.

Increasing used car values may be at their peak

Posted on May 10th, 2011 No Comments

With the Japanese tsunami, the recession, and tightening credit– the used car market as sky rocketed. However, some experts believe this is the peak of used car values and expect the rates to level off  since it has become cheaper to purchase a brand-new vehicle than a used one.

According to statistics, car dealers are playing 30% more for used automobiles than they did at the end of 2008. In fact, used car values are at their highest in the past sixteen years. A 2008 Honda Accord sedan in good condition could cost you as much as $16,175.

Economists predict that used car values will increase for just a couple more months before leveling off.

If you or a loved one has been  searching for a quality used car, visit one of the eleven Austin area locations of Chapman motors today to find what you are looking for.

Used Car Prices Increase After Earthquake in Japan

Posted on April 1st, 2011 No Comments

Due to the tragic and catastrophic earthquake that recently occurred in Japan, the NADA pricing service has found that the prices of Japanase brand used cars have increased.

The reason for this increase in price is because Japanese-brand vehicles will not be produced for at least a few weeks. Two Japanese auto brands, Toyota and Nissan, have said that they don’t expect to produce more cars until April 11th. Also, U.S.-based branches of Japanese auto producers are also not operating fully because they must conserve the automobile parts they receive from Japan.

Vehicles like the Toyota Corolla have seen prices increase by at least 11 percent just in the weeks following the earthquake.

If you are currently looking to purchase a low-cost used vehicle, please stop by one of the eleven Austin locations of Chapman Motors today.

EPA makes fueleconomy stickers for used cars

Posted on March 17th, 2011 No Comments

The U.S. Environmental Protection Agency has created a web site that allows a person to make their own fuel information sticker so if you are selling a car, potential buyers can view the fuel economy of the vehicle.

A sticker can be made for vehicles manufactured between the years of 1984 and 2010. The sticker includes the year, make, and model along with the engine transmission and the fuel type that is used. There is also a photo of the car along with the city and highway mileage.

If you or a loved one are in the market to purchase a used car, it can be a difficult decision. For quality dealers and great deals on used cars in Austin, visit Chapman motors or browse the combined inventory.

Used car dealer under investigation

Posted on February 23rd, 2011 No Comments

A criminal investigation is currently underway after claims were made about a Newport News used car dealer that allegedly took money from customers.

Dozens of customers have come forward after recently purchasing cars from Showcase Select Import, a luxury used car dealer, and claimed that they do no own their vehicles, are owed money or are missing car titles.

More than 60 car drivers have come forward and this has lead the Virginia Department of Motor Vehicles to step in for the investigation.

If you are looking for a used car and want to purchase from a well-known, good quality dealer, visit one of the eleven Austin locations of Chapman motors to look at pre-owned vehicles today.

How to get a good deal on a used vehicle

Posted on February 9th, 2011 No Comments

Buying a car is usually one of the biggest purchases a person makes and it is one that must be thought about. Many people fear that they will be ripped off if they buy a pre-owned vehicle, but there are ways to see if you are getting the deal you deserve.

Doing your homework before buying a vehicle is essential and the internet can make this really easy. For example, figuring out the  market value of a vehicle is important in order to make sure that you are  not paying too much for the vehicle.

Check the engine with a trusted mechanic and making sure that you drive it before you buy it to make sure that there are no strange sounds are also very beneficial.

If you or a loved one has been searching for a used car, visit one of the eleven Austin area locations of Chapman motors to find a quality used car in the Austin area.

How to minimize your risk while for buying a used car

Posted on February 3rd, 2011 No Comments

It can be scary to buy a used car, because many people become nervous when they do not know the history of a vehicle. There are multiple things that can be done in order to minimize your risk when buying a used car.

Looking into how much vehicles cost will be useful when looking for a car to make sure that you are paying an accurate price. Values of used cars are determined by many factors such as mileage and warranties.

Another thing that can be beneficial while searching for a used vehicle is to look around at a few places to make sure that you are getting the best deal available. Also, an extended warranty on a used car can prove to be useful and act as an extra safeguard.

If you or a loved one has been looking to upgrade you vehicle, visit one of the the eleven Austin area locations of Chapman motors today to look into Austin used cars today.

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