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Money Advice Service’s Online Tool Helps Buyers Choose Wisely

NEW researched published by the Government-backed Money Advice Service (MAS) has found more than half of people who purchased a used car underestimated the running costs. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated, while one in five (20%) have resorted to going into debt just to keep their vehicle on the road. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

Honda bumps up new Accord prices by $300

Honda Motor Co. said Monday that prices on the redesigned 2013 Accord sedan will increase, on average, by less than $300, even with the addition of thousands of dollars worth of standard features and technology. Honda has overhauled its top-selling model for 2013 with new, more fuel-efficient engines, a continuously variable transmission, additional standard equipment and other available technology, such as lane departure warning and blind spot detection.

GMC gives Acadia the Denali treatment

GMC is giving the Acadia crossover the Denali treatment, creating a new top trim level for the model lineup. The Acadia Denali goes on sale in fall 2010. Changes to the Acadia to create the Denali version include a chrome mesh grille, 20-inch wheels and tires, and redesigned front and rear bumper fascia.