Buying Archives - Eatatluckybelly

BARGAIN CARS

A Strategy for Buying Elite Businesses at Bargain Prices

October 13, 20201 min read

Even elite businesses with juicy dividends suffer share price selloffs from time to time.

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Sometimes, these selloffs are caused by short-term, solvable problems within the individual companies.

Sometimes, these selloffs are caused because the overall stock market goes down in value.

These selloffs are almost always opportunities to buy these firms at bargain prices and start collecting steady dividend payments.

When you spend money on any big purchase, like a home or a car, you want to pay a good price. You want to get value for your dollar.

When you buy a car, you want to pay a good price. When you buy a house, you want to pay a good price. You don’t want to overpay. You don’t want to embarrass yourself by getting ripped off.

Yet… when people invest, the idea of paying a good price is often cast aside.

They get excited about a

CAR BOOK VALUE

Honda launches comprehensive online car buying platform: 6-step process explained

October 12, 20201 min read

Honda Cars India has finally introduced its comprehensive online car buying platform. “Honda from Home” has expanded to allow customers to buy a new Honda car from their own home. While dealerships will continue to operate, Honda from Home now allows customers a contact-free experience along with added convenience. Initially, Honda had introduced the platform to simply book a new Honda model only. Recently Honda introduced its virtual showroom. Now, Honda from Home has expanded to a one-stop solution for a car purchase. Honda claims that it takes 6 steps from making a choice to buying the vehicle.

The Honda from Home solution is designed to provide a comprehensive retail experience. The process involves the customer to pick a car of their choice first. Following which, all the offers available for their vehicle of choice at the time will be provided. Once they are

BARGAIN CARS

Thinking of buying a new car? Do it now to take advantage of deals

October 8, 20201 min read

The rise of electric vehicles

One exception to the trend of falling sales is electric vehicles. Battery electric and plug-in hybrid car sales grew substantially to account for more than one in 10 registrations. Demand for battery electric vehicles almost tripled compared to the previous year.

Data from carwow showed that the Volvo XC40, a hybrid-engine car was the most-sold vehicle on the site in September; the Ford Puma, another hybrid, was the sixth biggest seller.

There are cost-saving benefits to an electric vehicle. Running costs on an electric car are lower, as refueling is cheaper and there is no road tax to pay, which does pay back some of the additional cost over time.

However, the combination of solid demand and fewer cars means discounted electric and hybrid vehicles are harder to find. Lee Griffin of GoCompare, the online comparison site, said that he expected the price of electric

CHEAP CAR LEASING

Used Renault Zoe electric car buying guide

October 5, 20201 min read

Until 1 February 2018, all Zoes came with a four-year, 100,000-mile manufacturer warranty, but make sure you buy carefully, because after that date the warranty was reduced to three years and 60,000 miles. From 18 December 2019 onwards, however, Renault pushed its warranty back up to five years and 100,000 miles.

Irrespective of this, every Zoe will have an eight-year, 100,000-mile battery warranty, which guarantees the battery will retain up to 66 per cent of its full capacity. From 1st March 2020, extra guarantees were added, for 80 per cent capacity in years 1-3, and 70 per cent in years 4-5.

Battery leased cars, meanwhile, are guaranteed for the duration of the lease up to 75 per cent capacity – so one useful bonus of a battery lease car is that you should be able to get your battery replaced if it drops below that figure, no matter how old

AUTO DEAL

Why Cleveland-Cliffs is buying ArcelorMittal USA for $1.4 billion

September 28, 20201 min read

Cleveland-Cliffs Inc. will buy the U.S. operations of ArcelorMittal SA for $1.4 billion in cash and shares to become the biggest flat-rolled steel producer in North America.

Ohio-based Cleveland-Cliffs expects its second major deal in less than a year to boost sales to the key automotive market.

Earlier this year, the global steel industry saw its biggest slump in production in a decade as demand from key consumers, including automakers, was hit hard by coronavirus lockdowns. The transaction is expected to close by the end of this year and will save the combined entity about $150 million in annual costs.

“Steelmaking is a business where production volume, operational diversification, dilution of fixed costs, and technical expertise matter above all else,” Cleveland-Cliffs Chairman Lourenco Goncalves said in a statement. “This transaction achieves all of these.”

Cleveland-Cliffs will pay about $873 million of common and non-voting preferred stock, and $505 million in

CAR SPECIALS

These Are The Best Places To Save When Buying Used Cars

September 27, 20201 min read

It’s always best to shop around before making a purchase.

The transaction price of a new car is well over $30,000, which is a big bill pill to swallow. Used car prices are creeping upward, too. Many automakers shut down production early in the coronavirus pandemic, limiting the supply of new cars. However, as prices rise, not all used car sellers are the same. Some offer better deals than others, and a new study from iSeeCars.com lays out which places offer the best prices.

a close up of a plastic container: Colourful cars lined up in dealer forecourt

© Motor1.com
Colourful cars lined up in dealer forecourt

The publication analyzed over 8.5 million used cars sold in 2020, comparing prices of similar vehicles sold nationwide by online dealers, rental car agencies, and traditional car dealers. It discovered that rental car dealers, like Hertz, Avis, Enterprise, and others, offer the most significant savings, averaging $303 in savings than other sellers, or 1.6 percent below market

CAR BOOK VALUE

How Automakers Changed Gear As The Car Buying Journey Drifted

September 25, 20201 min read

In 2020, the automotive sector has been bucking its reputation for being stuck in its ways and lacking innovation. PSFK researchers studying the industry have been tracking major points of strategic brilliance allowing auto brands and dealers alike to provide state-of-the-art activation, discovery, trial and purchase experiences. As part of a deep-dive report unpacking the swiftly evolving omnichannel and largely digital-first path to purchase for car buyers, the team found an industry increasingly defined by an ability to bridge the physical and digital worlds. Here, we share from the report five of the most actionable trending strategies for innovative auto retail, brought to life with examples from the industry’s leading players.

Immersive Exploration — For many shoppers, digital commerce still presents the barrier of not fully explaining how a product might fit or work within a customer’s lifestyle. Retailers are bringing their digital content to life by partnering with VR,

MILITARY AUCTIONS

With Deutsche Bank’s help, an oligarch’s buying spree trails ruin across the US heartland

September 23, 20201 min read

In a fiery ball, the explosion in a massive furnace at Warren Steel in Ohio blew out bricks and windows and sent workers hurtling to the ground, including three who were airlifted to burn units and two others rushed to local hospitals.

“I was like a ping pong ball,” said Michael Buckner, 34, who was taken by helicopter to an Akron hospital with severe burns on his head and arms. “I got thrown down steps. You couldn’t see anything.”

In the aftermath, federal inspectors turned up serious safety violations at the plant, while workers railed about dangerous and decrepit conditions they said had been ignored.

The 2011 blast was one of the first calamities to strike an American business owned by Ihor Kolomoisky, a Ukrainian oligarch with a reputation for heavy-handed tactics — he once sent a team of armed men to occupy an oil company — and for

CAR BOOK VALUE

Tips for Buying a Car | Business

September 21, 20201 min read

The end of the year is a popular time to buy cars, as prices go down to make room for the new year’s models. As 2020 slowly makes its way to 2021, more consumers are preparing to purchase their new vehicle. The car buying process can be overwhelming and difficult. In 2019, new and used car dealers ranked fifth and ninth respectively in complaints to the BBB.

In 2020, both industries have risen to fourth and seventh respectively.

These rising numbers indicate consumers’ increasing need for better dealership experiences.

Your Better Business Bureau offers this advice to make your car buying experience as easy as possible:

• Determine your needs. Before going to the dealership, decide what you are looking for in a car and which model best suits those needs. You should also set a budget and ask which payment option is best for you. That may be financing,

CAR BOOK VALUE

BBB offers tips for buying a car | Business

September 20, 20201 min read

The end of the year is a popular time to buy a car, as prices go down to make room for the new year’s models.

As 2020 slowly makes its way to 2021, more consumers are preparing to purchase their new vehicle.

The car buying process can be overwhelming and difficult. In 2019, new and used car dealers ranked fifth and ninth respectively in complaints to BBB Serving the Heart of Texas. In 2020, both industries have risen to fourth and seventh respectively.

These rising numbers indicate consumers’ increasing need for better dealership experiences. Your Better Business Bureau offers this advice to make your car buying experience as easy as possible:

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