blog /bläg/

1. a regularly updated website or web page, typically one run by an individual or small group, that is written in an informal or conversational style.

That’s a good definition but the We Drive blog is a lot more than that. It’s your free guide to everything you want to know, or should know, about all things automotive: advice on cars, help on financing, thoughts on car-buying, and the truth about dealerships and pricing. We Drive is your car-buying solution and these blog articles are a great source of honest information. And if you want to chat more about any automotive or financing topic, we’re just a phone call away. So read away… and then give us a call!

GAP Insurance – a Lesson Learned

Guaranteed Asset Protection (GAP) is when you owe more on your vehicle than it is valued at. If your purchase a vehicle and have little or no money down, you risk the chance of being upside down at some point in time. If you purchase a vehicle for $25,000 and a year or two later it is totaled or stolen, the insurance company may not give you enough money to cover the rest of your loan. An example would be if you still owed $23,000 on your vehicle and the insurance company tells you that the vehi...

Continue reading

My Wife’s Observation of Going to a Dealership

My wife recently told me, "When I go to a car dealership I wonder if I can trust the dealership and its staff. I wonder are they going to sell me the car of my dreams or are they just trying to make a sale. How do I even know what they are saying about the car is true? Sometimes all you hear is the dollar amount and you begin to shut down. It's stressful. I begin to think am I overpaying like all those other people. Is the vehicle reliable? I always hear about the 'sleazy car salesman' and don't...

Continue reading

Are You Receiving Warranty Offers in the Mail? DON’T GET FOOLED!

Every week I receive calls from credit union members about extended warranty offers they receive in the mail. People receive these unsolicited mail offers usually shortly after they buy a car or when they renew their registrations. The companies behind these offers use the state DMV information that is available to the public to create their mailing lists. The mailings feature phrases like "2ND ATTEMPT" and quote laws that apply to mail delivery. It's all an attempt to make you, the car owner, t...

Continue reading

Misconception #1…Vehicle Pricing

I've been in the automotive industry for the past 10 years. I started with the Chevrolet family and I've been with We Drive since the beginning, putting the We Drive team together. One of the biggest misconceptions in the car-buying industry is how expensive vehicles really are. The average price for a new car is roughly $35,000. For most of us that is way too expensive. New car pricing is supposed to go up roughly $400. New tariffs on steel and aluminum could add even more to manufacturing cost...

Continue reading

Do I Need To Get My Vehicle Appraised?

First thing's first, what is an appraisal and why does my vehicle need it? Well, if you are looking to get out of a vehicle you either own free and clear or have a loan on, appraisals are the best way to determine how much your vehicle is worth. Appraisals help insurance companies determine a vehicle's fair value and the cost of any repairs it may need if it was ever involved in an accident. This is extremely useful information because sometimes repairs cost more than what the car is worth, whic...

Continue reading

Reasons Not to Purchase from Buy-Here/Pay-Here Dealerships

Buy Here/Pay Here dealerships help those individuals with bad credit or those in need of a car right away. What's important to know is that these type dealerships are there to make as much money as they can off your financing. Selling used cars is how they make their money on high interest loans. Some of these dealership's interest rates are 18 to 30 percent in which they make a profit and they know for sure someone will default on their loan and repossession will occur. Say you have a loan at a...

Continue reading

By accepting you will be accessing a service provided by a third-party external to