AVOID RIP OFF THROUGH USED CAR HISTORY CHECK
Posted Nov 6th, 2007 5:36AM by adminBuying a secondhand car is not a bad idea. In fact, used car classifieds on the net have recorded highest earnings ever of used cars which clearly suggests Americans acceptance to purchasing used cars.
According to a study conducted in 2003 by J.D. Power and Associates, there is an increase in the number of hours people logged on to the net browsing for used-vehicles and shopping online.
This suggests that people show an increase in confidence in buying used cars online and recommends the process to others. But before you get into the hype of used car buying online, there are some things that you need to consider to avoid problems and unfair transactions.
Vehicle History Report
Perhaps the first thing that you will need doing is to request a vehicle history report. Most auto dealership sites provide such information for no additional charges while other independent commercial authorized car sales agencies provide exclusive car history roster detailing information regarding the car’s condition before and after the reconditioning process.
The United States has more than 150,000 car dealer listings which can provide you information regarding the latest secondhand vehicle price listings and specifications.
First, you will need to determine which type of vehicle you like and how much you can spend on it. Second, look for a vehicle dealership across the net and find reliable reviews.
Lastly, deal with authorized used car sellers who will direct you to the selection of used-cars according to how much you are willing to spend and what model you would like to purchase.
Used Quality Vehicles
Even after you have been using the car for just a month or two and plan on selling it for the purpose of purchasing a new model, it will lose half of the actual value upon resale. This gives consumers a competitive advantage in ensuring a good car product upon acquisition without having to spend way too much money.
Reading reviews, evaluating car specifications, and dealing with the most reliable classified sites in the market give you a chance to negotiate with the prices and are road maps to getting more of what you deserve in procuring the best used vehicle available.
With more than 1 million used cars marketed each year, surely you will get one that is best for your budget and needs.
BUYING TIPS FOR USED CARS
Posted Nov 6th, 2007 5:35AM by adminResorting to buying used cars is not a bad idea. For some people who cannot afford to buy brand new cars, second hand cars offer valuable alternatives to saving money for other important matters.
In fact, in a 2005 survey, more than 60% of people surveyed are becoming more open to procuring used cars rather than brand new.
Attractive as it may seem, before you decide to make a purchase of and used cars models, there are some things you need to know and advice that will help you make the most of buying used cars.
Below are some recommendations that you may want to follow to secure your finances and optimize your car buying experience.
• Research Police Records
Do some searching on the web or through your Federal Emergency Management Agency (FEMA) or local police. These agencies will be able to help you track the legal history related to the used car you are trying to purchase.
Stolen cars reported to police agencies are tracked for possible resale. Consulting a police agency would save you from potential headache and probable involvement in the sale of illegal or stolen item.
• File a Vehicle History Report
The recent hurricanes gave us a new idea of how the business of used cars works in this diverse marketplace. Cars that are completely submerged in water and totaled are sent to motor shops for remodeling and washed to bring it anew.
An interesting example to cite is through ordering a CARFAX Vehicle History Report. This verification and research policy empowers consumers to choose the right products for them and optimize the use of used cars.
• Take note of the detailed damage and its extent
The history report will provide details about the level of damage including but not limited to internal and external corrosion, broken parts such as frame damage due to accidental or intentional dilapidation, fluid leaks, corroded electronic main parts and accessories and tarnished frames and the location where the car was originally purchased and dismembered for resale.
Additionally, particulars about the source of damage like due to natural phenomenon such as hurricanes and flooding are detailed as well.
• Try Browsing for Online Best Buys
Take an online survey of some of the must and best buy items on the net offering used car models and brand new models. Some reputable websites offering these kinds of services like Car.com and invoice Dealers offer reasonable car package and discounts which will allure you to buying new cars instead due to their competitive and reasonable prices.
DONATING USED CARS FOR A CAUSE
Posted Nov 5th, 2007 3:04AM by adminModern technology has produced a surplus of goods which we find difficult to dispose of. While many of us are sensibly reaping the fruits of our contemporary development and affluence, it is not a bad idea to share some of our blessings to financially disadvantaged people.
What to donate?
There are hundreds of things to donate, as there are various ways to do it. As more and more people suffer from financial burden, increasing numbers of people are incapacitated to reach out to different places and are an impediment from the many opportunities waiting for them in the outside world.
Cars are considered to be one of our primary needs in this modern time. While more than 80% of most American adults own cars or at least renting their own cars, there are still some who cannot finance the purchase of their own automobiles.
This can isolate individuals and discriminate against them due to their financial situation. This is such a sad fact, yet, the good news is that you can do something to stop it or at least, be part of the cause in solving this part of this global dilemma.
Statistics
Just exactly how many individuals are getting into this humanitarian cause? From 1992 to present alone, institutions catering for car donations services have estimated to receive more than 35,000 cars a month within that period.
If you are planning to buy a new car and replace an existing one and have not come up with an idea where to put it, either selling it or rebuilding it, perhaps donating it to a charitable institution could solve your problem and potentially make a big difference in the lives of others.
How Can I donate my car?
Car donation centers usually offer services that including picking up the automobile you would like to donate (free of charge for most car charity institutions), prepare the title transfer requirements, and all legal documents related to the clearing of ownership of the car.
Most charitable donation centers who accept automobiles, provide a tax-deductible donation receipt to the donor in due consideration for donated cars.
Determining Eligibility for Car Assistance
Members of the board of charitable institutions choose among the list of applicants requesting a vehicle. Together, they determine the eligibility and proof of financial incapacity among applicants to purchase automobiles.
Preference will be awarded to individuals who have clear credit standing showing inability to purchase automobile machines. The car beneficiary will undergo the same legal process of transfer requirements to legitimately take its title of ownership.
GUIDES FOR PERFECT CAR DEALERSHIPS
Posted Nov 5th, 2007 3:04AM by adminHave you considered buying a used car? There are fair and not-so-fair deals lurking around but for most of us, we are not just looking for something fair, we are looking for something great!
The Internet will equip you with valuable details about unbiased car reviews and ratings, including price ratings, specifications and reasonable, yet honest, reviews, including photos of used cars.
Comparison shops furnish and maintain databases as well where they keep price listings for used cars with their respective merchandisers across the net.
Private Seller Listings: Great Deals for Real
Great deals may not always turn out great in some circumstances. Unwise selection and choice of car dealers could lead you to wasting your money.
In fact in 2004 alone, it was recorded that half of those who bought their own cars in the US have considered purchasing used cars rather than brand new ones. A great deal of the population is becoming more and more open to buying used cars due to their maintenance flexibility and overall cost.
This information should give you more reason to research on which car dealerships are offering the most sought after secondhand cars on the net.
While used cars are getting more popular today it is practical and wise to look for specs which includes conditioning requirements, vehicle history and real pricing report and comprehensive range of values for used cars and possible trade-ins and leasing.
Look for Reviews
A good car dealership offers accurate and honest advice and reviews for prospective car buyers. Reviews provide clients with information regarding the nature of the product and its relative condition.
Others even provide true-cost-to-own values in order to better prepare you for the cost of the transaction. Many even dispense alluring incentives and rebates for sale buyers and those who opt for deduction on certain payment methods for easy money transactions.
The majority of dealer networks across the internet provide search listings to better approximate your location and needs. Search listings would provide you a roster detailing the latest used car models on sale together with their descriptions, vehicle condition, history reports and cosmetic essentials and requirements.
Although most accept trade-ins, some assess additional charges for appraisal, and the value-assessment might fall lower than you expected. Used cars may range from $15,000 + to $30,000 + for a good one. Some would even drop below $20,000 but requires a considerable amount of reconditioning.
Pros and Cons of Used Car Classifieds
Posted Nov 4th, 2007 1:53PM by adminThere are several options to buy used cars. Although choosing between these options would depend on your priority and preference, you have the benefit of sorting all the listings in classified ads.
The majority of the used-car dealers provide their list of sales in classifieds. With so many options, how would you determine whose terms could provide you with the appropriate used car of your choice?
Here is a list of second-hand car buying and selling options, and each of its pros and cons.
1) Dealers:
They provide you with a guarantee of title and the best legal protection. They offer a broad selection of cars and most offer less expensive and older model cars.
On the other hand, trade-ins could not provide the best price for your old car and purchasing of used-cars could be risky since most dealers buy from taxi companies, police departments and lease fleets.
To ensure the quality of a second-hand car, visit a dealership that specializes in the makes and models you prefer.
2) Private Owners:
There are two different sides of buying from a private owner – they maintain their car regularly or they are trying to sell the car to dispose of junk. Although most privately owned used cars come cheap, you would be taking a car-investment risk with no warranty, security title and no legal recourse if you purchased a lemon.
You should ask for repair and maintenance receipts to ensure the upholding of the vehicle.
3) Car auctions:
Here you could get a good deal and save a lot of money if you really know cars and are an avid fixer-upper. Auctions also guarantee the car title.
However, you should first do your homework. Some auctions do not provide warranties, cannot let you run a test drive, and you will not be able to check the vehicle’s history record.
4) Rental car companies:
Rental cars are a good deal since they are rented by vacationers, businesspersons for short trips, and are guaranteed wearing road trips. Their cars are regularly serviced and they could provide the records of maintenance history.
However, even with a maintenance record, buyers would not have any idea who has driven the car before buying it. Rental cars could also cost slightly more than used-cars bought from private sellers.
Research is important to guarantee a best deal in your car investment. Avoid being scammed in the classifieds by trying the best option that would suit your needs.
Pros and Cons of Buying Used Cars
Posted Nov 4th, 2007 1:52PM by adminEach year, out of all the vehicles bought in the U.S., 41 million are used cars compared to only 16 million new car purchases.
Since purchasing a car is the next financial investment made by US citizen other than housing, it is important to determine if buying a used car is worth your money.
1) CONS - Here is a list of the disadvantages of used-car buying:
* The options of cars are limited, so the search for the right vehicle could be lengthy.
* The buyers have no idea if the car was treated. Used cars usually have worn consumables such as hoses, tires, shocks, filters, fans and clutch.
* Although used car dealers provide a warranty, it is only limited to a couple of months unlike purchasing a new car with full warranty. Certain maintenance on your purchased second-hand car could be more expensive.
* Purchasing a second-hand vehicle would offer you a lower trade-in value.
* The main disadvantage of purchasing old cars is that it has an unknown quantity. Whether the dealer has worked the vehicle to make it attractive for the test drive, the buyers are still unaware of the repair bills, economical issues, and its reliable transportation.
* It is difficult to negotiate fair financing terms on an older vehicle.
2) PROS - On the other side, buying a used car could benefit the buyer in several ways:
* The original owner of the car received the depreciation hit. The market value of the new car decreases from year to year. An average 30% of its value within three years from the time it was bought, so buying their car would save you a lot of money.
* Unlike purchasing a new vehicle with high insurance fees, you will receive a lower cost of insurance if you choose to buy second-hand cars.
* Although buying new and used cars both provide loans, lease, or money-saving the majority of dealers who sell used cars often have shorter loan terms.
* If your investment is decided based on appearance and gas mileage, choosing a used car would guarantee the value and reliability it has provided over the years.
* A used car would provide your dollar more flexibility. Compared from buying a new car that would eat all your finances, buying a second-hand car would allow you to purchase other accessories such as air conditioning that would cost approximately US$200 to $900 extra.
Buying your used car could waste your money if you fail to do your research, compare dealerships, and be aware of the car’s market value. Be a wise used-car buyer.
Buying a Used Car? Know the Basics
Posted Nov 3rd, 2007 11:45AM by adminIf you feel purchasing a new car is tricky, then buying a second hand car can be quite trickier. But don’t fret just yet–with these guidelines to keep you on track, that used car could be one of the sweetest deals you’ve ever had.
Where to Look
Snoop around. It pays to be on the lookout for owners wanting to shift to a newer model, and thus wanting to sell the car of your dreams. This is where your friends and family come in. Aside from referrals, they could more or less ensure that the price is reasonable and the car’s ownership history is satisfactory.
Asking the Right Questions
Why are the owners letting the car go? Make sure that they are not selling due to any major problems.
How long have they owned the car? Given proper maintenance, a five to seven year-old car would generally be in good condition. What repairs have been done, or are currently needed? How’s the mileage? The lower the mileage, the better. However, a used car with more miles could be satisfactory, too. In this case, ask about the vehicle’s use. Was it a family car limited to city driving? Does the car come with a warranty?
Take Note of the following:
Body rust or holes are difficult to repair. A body panel rusting through is to be replaced. Different paint shades from one panel to another, peeling and cracked paint, or smudges on other car part indicates a poor re-paint job, which needs to be re-done. Threadbare tires, chipped or cracked glass, the electrical work and what’s beneath the hood should be given proper attention, too.
Going Out for a Test Drive
If it’s a manual car, the clutch shouldn’t slip. If the clutch slips, instead of being steady as it accelerates, the motor will be revved up as when using neutral. If this happens get yourself a new clutch! Is the exhaust not chugging out excess smoke and noise? The car may need some good motor repair, or some of the exhaust system parts replaced. Do the pothole test. Overly shaky rides could indicate a suspension problem, an alignment problem and or a tire problem. Always have a trusted mechanic or a car aficionado friend to thoroughly go over the car with you.
The Turn Over, at Last
The number of previous owners, registration details, applicable taxes, and insurance papers - should all be properly documented. With the paperwork done and the payment terms agreed upon, you’re ready to hit the road, and enjoy the ride!
Are You Thinking Of Buying A Used Car?
Posted Nov 3rd, 2007 11:44AM by adminBuying a used car can either be a wise or a foolish move. Someone with no background or knowledge whatsoever on finding a good buy might just be duped into a bad deal and end up with somebody else’s garbage. But for the knowledgeable buyer, a significant amount of money might be saved by settling with a secondhand car.
Here are some tips to set you on the right track.
1. CONSIDER THE KIND OF CAR YOU NEED.
It’s okay to stick to a price range or budget. But first consider the kind of car you be need. Prices vary according to the brand and make of a car. For instance, a small sedan is cheaper, but if you’d pack that car with lots of people or packages, that would cause tearing or breakdown. This would necessitate lots of repair jobs which would mean more expenses for you.
2. DO YOUR HOMEWORK.
Check out the classifieds for the regular market price ranges on the type of used car that you are going to buy.
3. CHEAP IS NOT ALWAYS THE BEST.
Don’t be fooled by the price. Consider the amount of money you will still need to shell out to recondition the used car once you buy it.
4. WHERE TO SCOUT
Private sellers usually sell at a cheaper price. The advantage though of buying from a dealer is that it usually comes with good warranty.
Be bold enough to scout from private sellers if you are confident that you can assess the condition of the used car fairly well. If not, maybe you could bring a mechanic to check out the vehicle.
When opting to buy from used car dealers, be careful not to be taken in by persuasive talk. Don’t take their word for it, check the car yourself.
5. TEST DRIVE BASICS
Be sure to watch out for these:
a. Does the car swerve on either direction? (Also, see if the tires have uneven wear.) If so, it would need a wheel alignment.
b. Is the air cool enough? If not, check if it’s simply a lack of freeon or worse.
c. Are the brakes in good condition?
d. Do you hear unusual sounds? If so, the engine might have problems.
6. INTERIOR CHECKLIST
The condition of the interior gives clue to how much the car has been used and taken cared of. Also, a very low mileage reading on a badly looking interior is a sign of meter tampering.
7. CHECK THE EXTERIOR FOR RUST AND PAINTOVERS.
It might have been in an accident before.
8. CHECK THE GROUND UNDER THE CAR FOR SIGNS OF LEAKAGE.
9. CHECK THE OIL.
Oil should be clear. BLACK colored oil is not a good sign.
10. CHECK THE MUFFLER FOR LEAKS.
A WHITE or BLUE colored emission would be the sign.
Happy used car hunting!
.
The Blue Book of Used Cars
Posted Oct 26th, 2007 10:26AM by adminIf you are planning to sell your used car to a vehicle dealer, you should be aware of the basic process in determining the worth of your car. This would ensure you would not be scammed and taken for granted by car dealer experts.
* What is the Blue Book value?
The Blue Book value is a basic term used in the car-buying business. It means the worth or cost of a vehicle. This vital book determines the price of what dealers are willing to pay for a used car.
* Where could you find the Blue Book value?
There are several resources responsible for determining the value of your car. The two most popular is the Kelley Blue Book and the N.A.D.A. Appraisal Guides.
The Kelley Blue Book, which invented the term Blue Book, is a principal source for determining the loan value on used cars. It has been providing information for 75 years.
The N.A.D.A. Appraisal Guides, which was established in 1933, is another helpful Blue Book that provides car buyers to review the car’s worth.
* How does the Blue Book determine the value of a used car?
The Blue Book calculates the value of your car based on the make, the model and year. The book also considers factors such as conditions of the used-cars, mileage and other options. The majority of the popular Blue Books are free for public use in their respective web sites. They provide user-friendly worksheets to help determine the appropriate value of a used car. Being aware of the Blue Book value of your car would help you search for a fair deal.
* How do you determine the amount you wish to spend on buying a use car?
If you’re planning to buy a used car, you should determine how much money you are willing to spend. Consider the additional expenses such as the tags when applying for a car loan, extra tax, and purchasing of the car title.
* How does the Blue Book determine the final values?
Many organizations and individuals make use of the Blue Book. Car auctions, private owners, rentals and fleets, franchised and independent dealers all use the Blue Book to determine the final value.
Used car values are determined by a respectable editorial process. Each process starts with an analysis of the collected data which include the current economic conditions, the historical trends, seasonality, location and industry developments. The final value reflects the most current representation of the changing car marketplace.
Be a wise used-car shopper and avoid bad deals and investments. Check with the Blue Book to find helpful guidelines in your used-car purchase
Six Steps on How to Make the Most of Your Used Car Listings
Posted Oct 24th, 2007 2:02PM by adminSelling your used car rather than trading it in gives you the chance of earning money. Car listings have become popular as a method for car sellers to advertise their vehicles to the public.
Rather than searching for car dealers to sell the used car for you, why don’t you sell it yourself?
Here are the steps for your successful used car listing:
1) Set the price – Determine a competitive market value of your used car. Second-hand car values could be found on your local classified ads for similar cars being sold and on certified used car dealership online.
Determine the minimum price you would accept for possible negotiations. Be aware that buyers do their research and having a lower price than others would generate more inquiries.
When your price has been set, consider the most attractive ad to publicize.
2) Groom the vehicle – For buyers, appearance is everything. Make sure that before you place an advertisement; inspect your used car inside and out. To make the most profit, take care of minor and major maintenance issues of the vehicle.
3) Prepare vehicle record – Presenting the buyers with complete maintenance logs and receipts is a powerful selling tool. Prepare paperwork of services done such as oil change, tire and battery replacement and warranties for each.
4) Obtain a car history report – To show that the used car has a clean record with the law and past accidents, purchase a car report from your local department of motor vehicles. The biggest fear of buyers is purchasing a used-car that has been in a wreck. The car history report would reveal if the vehicle has been in a major collision in the past.
5) The advertisement – Ad options include newspaper classifieds, magazines or online listings. However, the most cost-effective and useful tool for marketing is by placing an online ad.
* Photo: Although majority of car listings online do not require photos, eighty-five percent of used car buyers search for car listing with photos.
* Details: Provide a complete description of your car even if you have uploaded a photo. Use extra details and words that would grab the buyers’ attention. Do not forget to place a contact number to be reached.
6) Sell – Since you know your car’s worth, negotiate a fair price. To finalize the sale, you should have two copies of the bill of sale, a receipt that transfers ownership of the car, for you and the buyer.
Once you sold your used car, you’ll be glad you made the most out of your car listing since there was no car dealer involved and all the profit is yours.