Mike’s Car Store Blog

It's no secret that buying a car is a hefty investment that requires extra consideration when it comes to your finances. However, one factor that many people don't realize is that trading in your car too soon after buying can be a bad financial decision. Not only is this a bad financial posi...

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...