• DD-Square-Logo_resized
  • ATTEND LAS VEGAS
    • Attendee
      • Registration & Pricing
      • Hotel & Travel
      • FAQ
    • Exhibitor
      • Exhibit/Sponsor
      • Advertising Opportunities
      • Exhibitor Console
    • Education
      • Overview
      • Show Schedule
  • ABOUT
    • Conference Overview
    • Testimonials
    • Become a Speaker
    • Press Inquiries
    • Partnership Programs
    • Health & Safety
    • Contact Us
    • Get Updates
  • RESOURCES
    • Webinars
    • Downloads
  • NEWS
    • Auto Retail News
    • Digital Editions
    • Press Releases
    • Submit Editorial
    • Subscribe
  • .
  • ATTEND LAS VEGAS
    • Attendee
      • Registration & Pricing
      • Agenda Summary
      • Show Schedule
      • Hosted Dealer Program
      • Hotel & Travel
      • FAQ
    • Exhibitor
      • Exhibit/Sponsor
      • Advertising Opportunities
      • Exhibitor Console
      • Exhibitor Services Manual
    • Education
      • Conference Overview
      • Conference Speakers
      • Session Schedule
  • RESOURCES
    • Webinars
    • Downloads
  • ABOUT
    • Conference Overview
    • Testimonials
    • Become a Speaker
    • Press Inquiries
    • Partnership Programs
    • Health & Safety
    • Get Updates
  • NEWS
    • AUTO RETAIL NEWS
    • PRESS RELEASES
    • DIGITAL EDITIIONS
    • SUBMIT EDITORIAL
    • SUBSCRIBE

Las Vegas: Oct 17-19, 2023

REGISTER NOW EXHIBIT / INQUIRE
Q

NEWS:

Everyone
May 16, 2012

Edmunds.com Launches “Debt-Free Car Project” by Adding $3,800 Used Lexus to Long-Term Test Fleet

Posts:
Everyone
May 16, 2012

Edmunds.com Launches “Debt-Free Car Project” by Adding $3,800 Used Lexus to Long-Term Test Fleet

SANTA MONICA, Calif. — Edmunds.com, the premier online resource for automotive information, has launched “The Debt-Free Car Project,” which aims to assure car buyers that they can find a reliable used car for under $5,000 without the burden of monthly payments. Last month, Edmunds.com’s consumer advice editors purchased a 1996 Lexus ES300 for $3,800, and over the next year they will document the vehicle’s performance as part of the company’s long-term car test fleet.

“Not everyone has the credit or steady income to afford monthly car payments, so it’s important to show consumers that they can find a dependable used car for just a few thousand dollars up front,” says Edmunds.com Consumer Advice Editor Ronald Montoya. “We were determined not to buy a beater that would have us visiting a mechanic every month and, like any car buyer, we wanted a car that we would not be ashamed to drive.”

Edmunds.com’s consumer advice editors used online resources to find the Lexus at an independent car dealer in Pasadena, CA. The forest green ES300 had 135,000 miles on the odometer and a vehicle history report showed a clean accident record and multiple service visits to a Lexus dealer. After back-and-forth negotiations, the dealer agreed to sell the vehicle for $3,800 out the door. For the full blow-by-blow of Edmunds.com’s shopping and negotiating process for the 1996 Lexus ES300, please visit http://www.edmunds.com/car-buying/the-debt-free-car-project.html.

Edmunds.com editors will track the car’s fuel, maintenance and repair costs, as well as their anecdotal experiences while driving the car on a daily basis. They’ll drive to and from work, run errands around town and take long road trips with a goal driving it 15,000 miles in the next year. Readers can track the vehicle’s progress on Edmunds’ InsideLine.com’s award-winning Long Term Road Tests blog.

“The Debt-Free Car Project” is just the latest example of Edmunds.com practicing what it preaches. Editors will use the same strategies advocated in a piece published earlier this year that advises consumers “How to Buy and Maintain a Very Inexpensive Car” at http://www.edmunds.com/car-buying/how-to-buy-and-maintain-a-very-inexpensive-car.html.

When buying any used car in any price range, it’s always important to ask the seller all the right questions. Edmunds.com provides an outline to make sure you hit all the right points with its Used Car Worksheet at http://www.edmunds.com/car-buying/used-car-worksheet.html.

About Edmunds.com, Inc. (http://www.edmunds.com/help/about/index.html)

Edmunds.com, the premier online resource for automotive information, launched in 1995 as the first automotive information Web site. Its acclaimed mobile site, Edmunds.com Android App and five-star Edmunds iPhone and iPad apps make car pricing and other research tools available for car shoppers at dealerships and on the go. Its automotive enthusiast web site, InsideLine.com, is the most-read car publication of its kind. Its highly regarded mobile site and iPhone app features the wireless Web’s most comprehensive gallery of automotive photos and videos. Edmunds.com Inc. is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit. Follow Edmunds.com on Twitter@edmunds and fan Edmunds.com on Facebook.

Everyone

SHARE

Share on Email
Share on Linkedin
Share on Facebook
Share on Pinterest
Share on Twitter
← Previous Article Next Article →
Posts Dealer Ops & LeadershipTrending Industry News

Standing Too Close to the Elephant

Posts Sales & Variable OpsTrending Industry News

Enhancing and Transforming the Automotive Sales/Service/Parts Lifecycle with ChatGPT

Posts Dealer Ops & LeadershipTrending Industry News

Standing Too Close to the Elephant

Posts Dealer Ops & LeadershipTrending Industry News

Four Steps for Successful Digital Retail Adoption

Posts Dealer Ops & LeadershipTrending Industry News

The Who, What, Where and How of AI-Built Solutions

Posts Sales & Variable OpsTrending Industry News

The Sales Objections You Need to Master in 2023

Posts Dealer Ops & LeadershipTrending Industry News

The Tale of Two Advisors

Posts Dealer Ops & LeadershipTrending Industry News

147,348 Reasons Why Customer Experience & Dealership Loyalty Matter – The Power of a Point

NEWSLETTER

SUBSCRIBE

DEALER MAGAZINE

Dealer Magazine March/April 2023 Issue Featuring an Interview with NADA 2023 Chairman
MAGAZINE
Digital Dealer Logo White
FOLLOW US ON
  • Follow
  • Follow
  • Follow
  • Follow
  • Follow
© 2023 Emerald X, LLC. All Rights Reserved.
ABOUT    CAREERS    AUTHORIZED SERVICE PROVIDERS    TERMS OF USE    PRIVACY POLICY