Honda

How the 2017 Honda Accord Beats the Competition

The 2017 Honda Accord may seem modest by current standards, but it ticks all the right boxes. It is consistently placed in the top positions for its performance and value for money in several rankings. It is one of the few cars that are beautifully designed, perform well, are safe, and give good value for money. The 2017 Honda Accord falls in the family sedan category, and offers sufficient space and style for the purpose. The Accord range also offers considerable variety, with the product line consisting of two different body styles, a hybrid model, and three engines. Given this variety, the Accord has performed consistently well against major competitors such as the Chevrolet Malibu and Mazda 6.

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The 2017 Honda Accord is essentially the updated Accord from the middle of 2016. In terms of design, the 2017 model offers a firmer chassis, enlarged wheels, and a wider range of features. The upper trim now boasts of LED headlights whereas the Touring trim makes the model very attractive. The updated model also has a redesigned rear and front end. Safety features have been added to make the ride comfortable as well as safe. Some of the features include lane-departure alarms, collision warning systems, and cruise control. The 2018 model is expected to be a complete overhaul of the 2017 model.

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Auto Finance

Why Big Lenders Might Be Getting Out Of The Auto Financing Business

Some major car lenders are entering 2017 with caution when it comes to subprime loans, especially the lowest subprime loans in the industry. In 2016, many saw the need to some degree of backing off making subprime loans. That might be detrimental to those who are in the market for a used car.

Because getting a subprime loan may be more difficult going forward, it might push a segment of the borrowing population into financing from pay-here dealerships, gaining share loans and other types of financing options, which often come with higher interest rates and bigger risks.

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Auto Buying TipsAutos Guide

Retaining the Resale Value of your Vehicle

You may have heard that new cars lose value as soon as your drive them off the lot. This is entirely true, and cars will continue to lose value over time and with regular use. You may need to use your car’s trade-in value later as part of a down payment on your next vehicle, or you may have other plans for your car’s equity. There are several steps that you can take to retain more value in your vehicle over the years.

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