In a YouTube Live Stream video recorded on May 21, 2020, Shawn Gower from Boise, Idaho-based Maverick Car Company answered several questions about what vehicle consignment is, how it works, and why it is a good option for many folks who want to sell a vehicle.

Buying a new car rarely makes good financial sense, according to several (if not most) financial planners and industry experts.

“Friends, I do not want you to buy a new car,” said self-made millionaire and co-founder of AE Wealth Management, David Bach, in a 2018 interview with CNBC.

Why is buying new so bad?

When it is time to trade-in your current truck or car for a newer one, you want to make sure that you can get a good price for that trade-in. And there are a few things you can do to help.

When you apply for an auto loan many financial institutions will look at your ability to purchase, the car or truck you want to buy, and the amount you want to finance relative to the vehicle’s value.

While there is no single formula that all banks and credit unions use to evaluate an auto loan application, these three criteria or factors are the most important, according to Austin Cegnar, finance manager at Maverick Car Company in Boise, Idaho.

The state of California will ban new, gas-powered vehicles beginning in 2035, setting in motion changes to the automotive industry that could impact folks in Idaho and around the country.

On September 23, 2020, California Governor Gavin Newsom issued an executive order to require all new cars and trucks sold in the state to be “zero emission” by 2035. Effectively, giving automobile makers worldwide just 15 years to transition to electric vehicles.