Luxury cars are often used by automakers to test new features in the marketplace, and since the cars already come at a high price, adding new high-tech equipment that’s sold as an option package gives them a way to test it more in real life. “In 2018, backup cameras will be mandatory in all vehicles sold in the U.S. A few years back, that technology was only available as an additional option in luxury cars,” says Paul Nadjarian, CEO of Mojo Motors, an online automotive marketplace that tracks used car prices at dealerships. [keep reading]
Automotive shopping and research resource Mojo Motors recently conducted a study to seek out what cars still made good buys with the highest mileage in their respective classes.
“We analyzed almost 300,000 vehicles on Mojo Motors from the model years 2002 to 2012 to find the highest mileage used vehicles,” the site said. [keep reading]
For many states, taxes on gasoline and diesel fuel are an important source of revenue for supporting road and infrastructure programs. Most road work and bridge repair is largely funded by money raised from taxes on gasoline, both at the federal and state level. The federal government imposes a tax that amounts to about $0.18 per gallon. The money raised through this specific tax is used to finance major repairs to interstate highways and bridges, as well as roads through national parks and other public infrastructure. Recently, the issues surrounding the desperate state of the nation’s road and bridge network have led many to believe that a tax hike might be in order to address the crumbling roads, freeways, and bridges unless another solution is proposed. [keep reading]
The cheapest states to buy a used car don’t always have to do with the price of the car. A new study shows what it costs for registering a used car will significantly impact your bottom line. Mojo Motors has studied what it costs to register a used car across the United States. There are significant differences in registration fees and sales taxes. As the site points out, “Once those costs are added into the final price, you might be thousands over budget!” [keep reading]
Article by Keith Griffin for TorqueNews
TorqueNews reported, 3 Hyundais are tops in initial quality: the 2014 Genesis, 2014 Elantra and 2014 Accent. Contrast that against a report at UsedCars.About.com on the 10 least reliable used car brands. It quotes a Mojo Motors study that says, “Like Buick and Kia, two brands that also make this list, stick to their newer models from 2010 and onward for something that holds its value a little longer. [keep reading]
Recently, MojoMotors.com posted its list of the 10 most reliable used car brands. Now it has taken the data used to compile that list to create its list of the 10 least reliable used cars. According to the site, “We used the same analysis of 500,000+ cars model years 1995 to 2014, listed for sale on Mojo Motors to determine the average selling price depending on a vehicle’s mileage,” said Michael Milstein, Business Intelligence Manager at Mojo Motors. [keep reading]
I’m going to do something a little different in what I think is going to be my last blog post for About.com. No, I’m not going away but the blogs are starting in June so I wanted to praise MojoMotors.com for its good marketing efforts. [keep reading]
Article by Jim Henry for Forbes
Who wants a car that’s “worthless?” Maybe you should. The key is, how many miles can you get out of it before a car or truck reaches that point? By that measure, Toyota makes the longest-lasting cars and trucks, at an average of more than 200,000 miles. [keep reading]
Each year we find search for new products and companies that haven’t been discovered before our AWA research. Industry peers and advocates for the AWAs gave us tips for companies that we should review and consider for the Rising Star awards. The Rising Star winners are picked based on the length of product release, number of dealers using the product, what is needed for the product to catch fire and more. One of three great companies to take home the award this year is Mojo Motors. [keep reading]
Some car dealers have fancy signage and amazing waiting rooms. Those are the types of stores updated once every few years with LED TVs, magazine racks filled with iPads and waiting rooms that smell like morning lilies.
For every dealer that’s all hoity-toity, there is a store that’s a little rough around the edges. They’re the used car lots off the mile roads. They haven’t changed with the times, the televisions are analog and the waiting rooms smell like cigarettes and stale coffee. Those are the stores, however, that rock old-school and vintage used car signs that are like time machines, gaudy time machines. [keep reading]