Adam Goldfein

Deciding to keep your car could be your best investment

Adam Goldfein — Sat, 17 Jan 2009 21:39:04 +0000

With the economy on shaky ground and job security almost non-existent, few buyers who “want” a new vehicle are shopping. Most car buyers today can be classified as “need” buyers - people who are forced into the market through unplanned circumstances such as an accident, theft, divorce, job loss, etc. Under such circumstances, the people who [...]

Is your Ford safe?

Adam Goldfein — Sat, 13 Sep 2008 19:05:27 +0000

The National Highway Transportation Association has just released a warning to more than 5 million drivers of Ford vehicles that are driving vehicles which could catch on fire even when parked. The vehicles contain a defective cruise control switch that could lead to fire even when the vehicle is parked, turned off, and unattended. Clearly [...]

6 Things Never to Tell a Car Salesman - Debunked

Adam Goldfein — Mon, 21 Jul 2008 23:02:27 +0000

CNNMoney.com recently published a story on 6 things you should never tell a car salesman. Like many stories written to scare consumers and garner views, it inflames sensibilities, promotes fear and suspicion, and assumes that consumers are ignorant of the car buying process. So in an effort to debunk the “six things you least want to [...]

Stuck in an SUV?

Adam Goldfein — Sun, 20 Jul 2008 15:03:08 +0000

Over the past decade, trucks and SUV’s have out sold cars; but with gas prices over $4.00 per gallon the value of these vehicles has plummeted. So what are your options? The first challenge is determining how much negative equity you may have. Negative equity occurs when you owe more on a loan than the value [...]

5 Things to Know Before Buying a Car

Adam Goldfein — Thu, 17 Jul 2008 03:12:52 +0000

We typically talk to those closest to us before we enter a long term relationship. Reviewing pro’s and con’s help us reaffirm a good decision, or run from a potentially bad decision. But what if you look at your next vehicle in terms of a relationship - after all, it is a long term commitment, [...]

Special Incentives for College Graduates

Adam Goldfein — Sat, 28 Jun 2008 13:00:01 +0000

Within 6 months of graduation and up to 2 years afterwards, you can enjoy additional savings on a new vehicle from most manufacturers. Typically, the savings include discounts around $400 and low interest financing rates that the college graduate would not normally qualify for. It’s one of the best deals available to buyers and most salespeople [...]

Myth or Fact? The dealer knows about rebates before they are announced.

Adam Goldfein — Thu, 26 Jun 2008 21:12:44 +0000

Manufacturer rebates comprise the majority of savings that a consumer enjoys when buying a vehicle. Rebates usually start as low as $500 and can go as high as $5,000 or more. Rebates, like the milk in your refrigerator, have expiration dates that are firm. Manufacturers announce new incentives by notifying the dealer via an electronic communication [...]

The end of the model year is coming

Adam Goldfein — Thu, 26 Jun 2008 04:15:59 +0000

Most consumers associate the end of the year with New Year’s Eve; champagne; parties; and watching the ball drop in Times Square. In the automobile world - the year changes in August - not December. New models are introduced - requiring all of last year’s models to be sold. Virtually every manufacturer will be clearing out their [...]

Buying a car when you’re moving out of State

Adam Goldfein — Tue, 24 Jun 2008 13:00:40 +0000

Often car buying is associated with a life event. A child is born. A new job. Marriage. Divorce. Moving. With regards to moving, almost 40 million people move each year; with approximately 9 million people moving out of State. Many will either drive their vehicles to their new homes, ship them with the moving company or with a [...]

2 For the Price of 1

Adam Goldfein — Mon, 23 Jun 2008 13:00:56 +0000

For owners of large SUV’s that guzzle gas, getting out of their existing loan can be a burden. Reports are flooding in around the Country of dealerships either refusing to take large SUV’s as trades or instead offering such low prices that trading is impractical. The reason for this - high gas prices. Consumers are [...]