Mike’s Car Store Blog

It's no secret that buying a car is one of the worst financial decisions you can make. But what many people don't realize is that trading in your car shortly after you buy it is an even worse decision. Here's why...   When you buy a car, you're not just paying for the car i...

According to a new study published in The Journal of Industrial Economics, car shoppers who have a trade-in pay $990 more on average.  The study looked at data from hundreds of thousands of new and used car transactions in the United States and found that when customers have a trade-in, dealer...