What is a substantially refreshed model? Substantially refreshed models are existing vehicles receiving significant engineering, design, or technology updates. Because complete redesigns cost a big pile of money, car companies sometimes take what is a fundamentally sound design and give it a major makeover. Think of it as the difference between rebuilding your home or remodeling it. Examples for 2021 include the the Lexus IS.
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If you want more context on the vehicle's selling price, Edmunds can help with its True Market Value tool. You'll get an idea of what people are paying for vehicles that are similarly equipped to the one you're considering, and it's a good reference point for negotiations. Edmunds also has a tool to help you appraise your potential trade-in to determine if you might trade it in or sell it on your own.
When the time comes to close the used-car sale, there are a few important items to take care of. Have the seller get a smog test for the car if your state requires one. Check the registration to ensure it is current. Make sure the seller gives you the title (also called a "pink slip"). If the owner still owes money on the vehicle, you may have to contact his or her bank or credit union to complete the transfer of ownership. Some states require the seller and buyer to complete a bill of sale. This document is good to have in case you are pulled over and haven't yet registered the vehicle. To prevent any hassles like that in the first place, go to the Department of Motor Vehicles as soon as possible to register the vehicle in your name and pay any appropriate taxes.
Minivans might be down, but they’re not out. And after letting a decade pass without a redesign, the 2021 Toyota Sienna is all-new for the year. Bold in terms of style, Toyota takes a different path in terms of powertrain, making all Siennas fuel-efficient hybrids. All-wheel drive remains available, and Toyota packs the new Sienna with lots of family-friendly features.
Once the internet manager or salesperson arrives at your home (if that's where you're taking delivery), review the contract. You don't have to read the whole thing, but do pay attention to such important details as the APR, total sale price, length of the contract, down payment, documentation fee and registration fees. Make sure your personal information is correct.
A redesigned Audi A3 and Audi S3 are coming to the U.S., but it appears the vehicles are delayed until the first half of 2021, which means they’ll likely be 2022s. In any case, when the new car makes its way to the States it will have appealing new styling, an upgraded interior with new tech, and an electrified powertrain for improved performance and efficiency.
A vehicle history report from services such as AutoCheck, Carfax or the National Motor Vehicle Title Information System is worth the money and could help tip the scales in favor of one car over another. Pro tip: Check the National Highway Traffic Safety Administration (NHTSA.gov) website to see if the vehicle you're considering is under an active safety recall.
Run your credit report and get your credit score. The score tells you your credit tier, which will affect your annual percentage rate. Even if you have bad credit, you can still buy a vehicle that's right for you and your wallet. Next, get preapproved for a loan at your local bank, credit union or online lender. By going in with financing already arranged, you can determine if the dealer can beat your interest rate. This strategy also keeps the negotiations more focused since you will only be looking at the total price of the vehicle (also called the "out the door" price), not a monthly payment.