New York City Bridge and Tunnel Tolls Rise Up and Aggravate Commuters

Port Authority Raises Tolls & New Jersey Transit Absorbs the Hike As of 3 a.m. Sunday, September 18th, 2011, the current cost of living and commuting to New York City just became very painful for [...]

September 22nd, 2011|New York Life, Owning a Car in New York City|1 Comment

Remembering September 11th

One New Yorker, Two Buildings, Ten Years Sometimes, there are things more important than buying used cars. I know that sound funny coming from me; when the purchase of cars is not just my business, [...]

September 9th, 2011|New York Life|0 Comments

Sell a Used Motorcycle for Cash – Get a Scooter, Instead!

As gas prices continue to rise steadily, sales in motorcycles and scooters are also climbing. Recent data from the Motorcycle Industry Council shows that motorcycle sales increased by 7.2% in the first quarter of 2011 [...]

Sell Your Car in NYC & Collect Top Dollars This Summer: Used Car Prices About to Skyrocket

If you have a used car to sell, this is the year to do it. According to CNN Money, the supply of late model used cars (new vehicles in 2008 leased out on the typical 3-year contract) is about to get dramatically smaller. Car leasing rates dropped in the fall of 2008 as the country fell into the deepest economic recession of our era. Leasing rates plummeted 58% between June and November of that year, and the financing that car dealers need to write new leases disappeared as fears about the future of automakers grew. In 2008, the standard 3-year car lease agreements practically disappeared. Consequently, the price of used cars has grown significantly since 2008 as supply dwindles. The Manheim used car price index hit a record high this May, with compact used car prices 20% higher this year than in 2010. This is an unprecedented leap. […]

June 23rd, 2011|Auto Industry News|0 Comments

The “Sell Cars for Cash” Trend: Expensive Gasoline Prices in New York City Have Residents Beyond Their Breaking Point

When expensive gasoline prices reach a certain level, car appraisals start to get more business from those who just can’t afford the inflation. This seems to be the trend especially for those subjected to gasoline prices in New York City, which falls under the top five cities for most expensive gasoline prices in the country. New York State also falls under the top five most expensive states (out of the continental United States) to buy gasoline. Usually, there is a breaking point at which Americans will come to the realization that the expensive gasoline prices make owning a car, maintaining it and filling it up with expensive gasoline just isn’t worth it. Right now, gasoline prices in New York City are averaging in at $4.23 per gallon. […]

Rising Gas Prices In the United States Make it Too Expensive to Own a Car in NYC

The rising gas prices the United States has seen over the past decade is making it more and more expensive to own a car in NYC. Now hovering around $4.00 per gallon, rising gas prices in the United States are driving the auto industry to change the way they make cars and how fuel-efficient they are. If you currently own a car in NYC, it is likely that the rising gas prices will soon become too expensive for your model. How to deal with rising gas prices in the United States If you are one of the many who are falling victim to the rising gas prices in the United States, realizing that it is just too expensive to own a car in NYC, you do have options. You don’t have to spend all your money on your gas-guzzling car. […]