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BUSINESS
November 3, 2011 | By Ken Bensinger, Los Angeles Times
No car, no work. That's the conclusion Lisa Twombly reached as she fought to hang on to her job as a caretaker for an elderly San Diego couple. Taking the bus and bumming rides from friends wasn't cutting it, and she was repeatedly late for work. Told she'd be fired if it happened again, Twombly put down $4,000 - all her savings - on a 9-year-old Chrysler Sebring with 95,000 miles. The dealership lent her the $2,600 balance at a steep 18% interest rate. A few months later, the Sebring broke down and she got into a dispute with the dealer over who should pay for repairs.
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NEWS
February 12, 2014 | By Paul Whitefield
It gives a whole new meaning to the question, “Dude, where's my car?”: Eight rare Corvettes were swallowed by a sinkhole at the National Corvette Museum in Bowling Green, Ky., on Wednesday. It was news that hit the Corvette community like a quarter-mile run in a 1967 stroked-and-bored 427-cubic-inch Vette with four-speed and posi rear end. As Courier-journal.com wrote : “Butch Hume, president of Louisville's Falls City Corvette Club, cringed when he heard which cars were involved.
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AUTOS
April 26, 2013 | By Ronald D. White
In a week in which beleaguered Fisker Automotive failed to make a $10-million loan payment, owners are looking to unload their cars. In some cases, they are seeing some very low offers. There were 48 listings for the high-end, hybrid electric Fisker Karma Eco-Chic and Eco-Sport cars on the Yahoo! auto sales pages. That might not seem like a lot, but the new- and used-car research company Edmunds said there were only 947 new registrations of Fisker automobiles between January 2012 and February of this year.
CALIFORNIA | LOCAL
December 29, 2013 | By Kate Mather
Two people were injured Sunday afternoon when their small plane missed a landing at Whiteman Airport in Pacoima, struck a building and crashed into a nearby used-car lot, officials said. The single-engine Cessna 172 was trying to land at the airport shortly before 1 p.m. when it crashed into the lot just across San Fernando Road, said Ian Gregor, a spokesman for the Federal Aviation Administration. Preliminary information indicated the pilot was making his second attempt at the landing when the crash occurred, Gregor said.
CALIFORNIA | LOCAL
May 10, 2013 | By Kari Howard
Would you do a double-take if I said that that words were a recurring theme in this week's Great Reads? Yes, beautiful language is a mainstay in these stories, but this week, two standouts focused on words. Exhibit A: The words “Los Feliz.” I pronounce it Los FEE-lus. I know it's not correct, but it's “right” (marks me as an old-timer, I know). Exhibit B: The word “delight.” Silicon Valley types have been tripping all over themselves to use the word. At least it's better than another buzzword that makes me go urghhh: freemium.
NEWS
February 12, 2014 | By Paul Whitefield
It gives a whole new meaning to the question, “Dude, where's my car?”: Eight rare Corvettes were swallowed by a sinkhole at the National Corvette Museum in Bowling Green, Ky., on Wednesday. It was news that hit the Corvette community like a quarter-mile run in a 1967 stroked-and-bored 427-cubic-inch Vette with four-speed and posi rear end. As Courier-journal.com wrote : “Butch Hume, president of Louisville's Falls City Corvette Club, cringed when he heard which cars were involved.
AUTOS
July 12, 2006 | Jeanne Wright, Special to The Times
A new bill of rights for California car buyers provides grace periods for used-car purchases, caps dealer compensation on loans and features other provisions that are some of the strongest consumer protections in the country, according to state legislators and consumer advocates. The law, which went into effect July 1, applies to motor vehicles bought in California from a dealer for personal, family or household use.
CALIFORNIA | LOCAL
November 23, 1989 | TOM McQUEENEY
An ongoing weekend car swap at Fullerton College was ordered closed this week because it allegedly competed with car dealerships in an "inappropriate" manner. The Fullerton City Council voted 3-2 Tuesday to deny permission for CarFaire Inc. to continue operating a used-car swap meet on vacant parking lots on the community college campus. "The use of public land for this type of enterprise is inappropriate," City Councilman Don Bankhead said.
BUSINESS
August 12, 2011 | By Jerry Hirsch, Los Angeles Times
Normally, the value of a new car plunges as it's driven out of the dealership by its new owner. But slumping auto sales and leases in recent years have changed that axiom by creating a shortage of late-model-year used cars, according to auto price information company Kelley Blue Book. The average value of a 1- to 3-year-old used vehicle has increased from $15,000 in 2008 to more than $23,000 in 2011, an annual average increase of nearly 16%, Kelley analysts said. They expect used-car pricing to remain strong because it will take several years of strong new-car sales to replenish the shortage of used vehicles that is pushing prices up now. "While depreciation typically affects a vehicle's value most in the first two years of ownership, it will not be as pronounced as it would have been a few years ago when the used-car supply was still very high," said Alec Gutierrez, manager of vehicle valuation for Kelley Blue Book.
BUSINESS
May 30, 2012 | By Jerry Hirsch
Used car prices are starting to fall after rising steadily for much of the year. Easing gas prices in much of the nation and more trade-ins coming back to dealers because new car sales have picked up are behind the decrease. Used car prices are expected to decline 2% in June from May, according to the National Automobile Dealers Assn. Used Car Guide.   Used truck prices are expected to dip 1%. Some cars, especially fuel-efficient autos, will see much larger drops, the association said, as falling gas prices reduce demand for the vehicles.
BUSINESS
December 4, 2013 | By David Lazarus
S.C. purchased a used Jeep from a Torrance dealer. It had about 50,000 miles on it. Five weeks and 4,000 miles of driving later, the Jeep developed transmission problems -- a major and costly repair. ASK LAZ: Smart answers to consumer questions S.C. returned to the dealer, saying he didn't think he should be facing such a serious fix so soon after buying the vehicle. The dealer disagreed. Does California's "Lemon Law" apply in such cases? And what should S.C. do?
CALIFORNIA | LOCAL
September 29, 2013 | Patrick McGreevy
Gov. Jerry Brown on Saturday approved a four-year extension of carpool lane access for electric cars and low-emission vehicles. But he vetoed a bill that would have allowed solo motorists in regular vehicles access to those lanes on two Los Angeles County freeways during non-peak hours. The governor signed 20 pieces of legislation Saturday, including six bills promoting the use of low- and zero-emission vehicles. "Today, we reaffirm our commitment in California to an electric vehicle future," Brown said in a statement.
SCIENCE
July 24, 2013 | By Eryn Brown
When the first pictures emerged Tuesday of William and Kate carrying the newest member of the British royal family home from a hospital, some parents (including a number of staffers here at the Los Angeles Times) noticed something amiss: His Royal Highness Prince George Alexander Louis of Cambridge did not appear to be restrained correctly in his car seat. The baby was wrapped in a blanket and strapped only loosely into his carrier -- two no-nos when it comes to car seat use. "I dislike it when I see negative scrutiny directed at any new parents because I think being a new parent is just plain difficult," wrote Melissa Lawrence, a mother of five who blogs at Cloudmom.com . "But the more I thought about this picture of the royal baby in his car seat, the more it bothered me ... why on Earth [wasn't he]
AUTOS
June 13, 2013 | By Jerry Hirsch
The price of used cars posted its biggest drop since October, according to an industry guide, an indication the tight market for late-model-year vehicles is starting to ease. The NADA Used Car Guide said prices for cars and trucks up to 8 years old declined 2.1% in May.  “While prices this year have held up well, a growing supply of 3-year-old vehicles is applying downward pressure on prices for late-model used vehicles,” said Jonathan Banks, executive automotive analyst for the NADA Used Car Guide.
CALIFORNIA | LOCAL
May 10, 2013 | By Kari Howard
Would you do a double-take if I said that that words were a recurring theme in this week's Great Reads? Yes, beautiful language is a mainstay in these stories, but this week, two standouts focused on words. Exhibit A: The words “Los Feliz.” I pronounce it Los FEE-lus. I know it's not correct, but it's “right” (marks me as an old-timer, I know). Exhibit B: The word “delight.” Silicon Valley types have been tripping all over themselves to use the word. At least it's better than another buzzword that makes me go urghhh: freemium.
AUTOS
April 26, 2013 | By Ronald D. White
In a week in which beleaguered Fisker Automotive failed to make a $10-million loan payment, owners are looking to unload their cars. In some cases, they are seeing some very low offers. There were 48 listings for the high-end, hybrid electric Fisker Karma Eco-Chic and Eco-Sport cars on the Yahoo! auto sales pages. That might not seem like a lot, but the new- and used-car research company Edmunds said there were only 947 new registrations of Fisker automobiles between January 2012 and February of this year.
NEWS
July 9, 1992 | RALPH VARTABEDIAN
Next to Las Vegas or Wall Street, the used-car market may be the nation's biggest free-for-all. Last year, an estimated 40 million used cars were sold in the United States. In the endless search for the best values, many buyers and sellers venture into private-party transactions. The private market works, but it is also fraught with hazards. Experts are divided on the best way to buy or sell used cars. Jack Gillis, author of the "Used Car Book," says private parties are the best source.
NEWS
June 11, 1992
The City Council unanimously approved a lease agreement Tuesday for the development of another used car dealership, a move expected to broaden the city's economic base and increase revenue from sales tax. Under terms of the five-year agreement, Kars Yes Inc. will pay the city $10,500 per month for use of a three-acre parcel owned by the Duarte Redevelopment Agency on Central Avenue in the city's Dealer Row.
AUTOS
March 12, 2013 | By Ronald D. White
You've been here before. The old ride needs to be put out of its misery and the budget for a new car is pathetically small. So what used cars, trucks and SUVs can you trust, and which should be avoided at all costs? Consumer Reports thinks it has the answers in a new analysis. The best of the best list is dominated by Toyota and Honda, but U.S. cars make a pretty good showing on Consumer Reports' "reliable cars by price range" list. U.S. vehicles dominate the "worst of the worst" list, which is reserved for models that have "multiple years of much-worse-than-average reliability among 2002 to 2011 models.
BUSINESS
November 9, 2012 | By Jerry Hirsch, Los Angeles Times
The estimated 250,000 cars flooded by Superstorm Sandy on the East Coast will drive up used-car prices, even as far away as California. The supply shortage comes on the heels of an already tightened used-car market in the wake of the recession, when new car sales dried up. Some experts say prices could rise $700 to $1,000 on the typical used car in the short term. Although those effects will be felt most acutely near the flood zone, the increasingly digital and national market for used cars will spread the price shocks widely.
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