You may wonder what to know when buying a used car? One of the best pieces of advice to follow before buying and Selling a used car is to do your homework. You probably have an idea about which kind of car you want to buy, i.e., the make and model, and whether you want a two-door or four-door. You also probably know whether you want a sedan, family car or pick-up, and what kind of gas mileage you need depending on how often and how far you travel for work and/or recreation.
Proper Cars for Cash Research is Important
Before you visit a dealership Gauteng Cars Wanted For Cash , you’ll want to begin a web-search to check out everything about the vehicle(s) you want. You can even find recall lists on makes and models, saving you time and hassle. Check out current values at from trusted sites. Collect information from many sources, do you own research, then create a chart filled with information from various sources to compare the price. When you learn the current value of the vehicle(s) you are interested in, you give yourself negotiating power when interacting with a salesperson. Knowledge is power, and you never want to enter into a big decision-making process, especially where your money is involved, without being prepared. And always err on the side of caution. Selling used cars is a business, and they want your money.
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If possible, try to buy your next used car from the previous owner. You can find these deals in your local paper and your neighborhood. Often times the previous owners might have spare paint, the instruction manual, even snow tires. Also, you can ask them questions about the car. The fewer owners the car has had, obviously, the better, and if you trust the previous owners, that’s a bonus. But keep in mind, if you’re not shopping locally and want to broaden your options, internet search is always a great option for you, just be sure to surf through trustworthy sources only. Internet is one of the powerful and free sources where you can seek out for used car buying tips and follow through with those tips and advice.
What to check when buying a used cars
You should definitely “check under the hood”, and make sure there is no structural damage from a previous accident or natural disaster, like a flood. Be sure that the odometer reading is accurate and has not been tampered with. Check the airbag to make sure that it is still in the car and that it has not been deployed. Pay a mechanic to inspect the car for you before you buy it. This is very important — have them check the brakes, engine, motor, radiator, muffler, and inside the body for any structural damage. Better to spend a little extra money ahead of time than to find out later that your used vehicle is a clunker.
Take the car out for a rigorous test drive, including driving it in busy traffic, up and down steep hills, on the highway, and along winding roads. This is your hard-earned money you’re going to be spending on the vehicle, and you don’t want something you can only drive when the weather’s nice or on a trip that’s less than 30 miles. Check out the maintenance record on the car. If you notice that it’s been in for serious repairs, or has had several estimates for expensive repairs, such as transmission work or head gasket repairs that the current owner couldn’t afford to fix, move along.
Used Cars to Buy and Sell advice
Although dealerships now prefer terms like “selling pre-owned” rather than used, keep in mind that the average pre-owned automobile has probably had three owners. With many car search and car safety inspection services, you can, however, find out information, or even receive an inspection report about a vehicle before you pay one red cent. Never buy a car where the VIN number has been partially scraped away. And don’t forget, dealerships can’t deny you the right to see the car inspection report on the car.
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Purchasing a car, whether it is used car or new can be an expensive endeavor like buying a home. Many questions come into the buyer’s mind such as what car to buy, what should be the car budget, buy new or used car, etc. Therefore, I am going to provide you some great tips in this post that will help you in getting the answers of these questions so that you can buy a good car in your budget.
- Know Or Set Your Budget
Decide what car you want to buy or what you can afford before you start your car shopping as it will make sure that you don’t get over your head. In addition, you should follow a universal rule of thumb that is “Your Monthly Car Payment Should Not Be More Than 20% Of Your Take-Home Salary”. People shop for cars with their heads and hearts. This can be dangerous, and that’s where a home budget calculator comes in handy as can prevent you from getting in over your budget when you buy a car.
2. Build A List Of Cars
Build a list of 3 to 5 different cars that meet your requirements as well as fall in your budget. Besides, make your mind up which features and options you want and don’t want. Also check out reviews and feedback online from people who have already purchased as the best part about this is that you will get authentic information about cars and their performance from the comfort of your home or office.
3. Consider Both Used and New Cars
Purchasing used isn’t an option for some people, buying because they want a brand- new car as well as want to choose the color and the features in it. Besides, there is absolutely a pride of ownership in being a vehicle’s first owner. But, if you are on a tight budget, then purchasing a used car gets you the most vehicles for the money. Cars are built for at least 100,000 miles, so need to sacrifice overall condition and reliability just to get a great deal on a used car. You can go for a used car that’s scratch-free as well as in excellent mechanical shape. If you know something about cars, you must be able to find a used car that is in “like new” condition. Therefore, ensure to go into the car-buying process with an open mind, taking into account both new and used cars before making your closing decision.
4. Take Test Drive Of The Car
Do you know about 90% of people who purchase a new car take a test drive? So, don’t be among the other 10% people. There are plenty of reasons that you must take test drive the car, and comfort is the foremost reason. There are some cars that you won’t experience comfortable and relaxed driving. If you are not comfortable, just go for another one. If you are married and have kids, then bring them along on the test drive because their comfort level is also important, and they will provide you their truthful assessment of the vehicle. If you really like the way the car drives, now you must have it inspected buy a trusted mechanic before you negotiate to purchase it as it can save thousands of dollars.
5. Check The Online Car Marketplaces
Buying a car online is no doubt a great option to think about. Whether you are buying a used car or simply want to check out the latest brand new models, online auto dealers provide everything you need. The real benefit to buying a car online is bypassing the car dealers altogether as well as cutting short the sometimes long process of negotiating on price. In addition, you avoid the hassle of dealing with irritating car salesmen and can lock the deal with a much better price. A salesman on an auto showroom is trying to bargain the maximum price possible because his commission is based on a percentage of the sale price. On the other side, an online car sell dealer or salesperson is working on a fixed salary and gets a bonus, based on car sale quantity. Buying a car online is extremely convenient compared to visiting multiple physically placed auto showrooms.
Remember, dealer finance may be easy, but can be very expensive .Probably you can get a better deal from a bank. Read all contracts watchfully to ensure that the interest rate on the loan is not contingent upon approval. If you need a car loan must follow these guidelines:
- Your Monthly payments should not be more than 15 percent of your take-home pay
- Your down payment must be no less than 20% of the purchase price
- Limit your car loans to 48 months ( 4years) or less
In case you cannot beat these budget targets, consider purchasing a lower-priced car. In addition, you can also think about used cars or spend some saving up for a bigger down payment. Remember, it is always good to be safe than sorry when it comes to making a budget for a car. When you have a car already, and it is time to change this car for many reasons or it perhaps a good time to purchase a new one. Many car sell dealers provide exchange schemes, which will cut the price you pay for the brand new model car.
Michael Johns an energetic and self motivated writer, I have written creative articles and journals for various channels. . I wish to share my knowledge with others and jump into blogging and write the article about education sharing, technology, health issues and crazy knowledge about cars and travel services.
Sell your second hand car
Earlier, selling your used car privately used to be a very tough job. To sell your old car privately instead of going to the car dealership to trade in your car is no more a difficult task now. The following simple points are the must-knows which can help anyone to sell their used car smooth and fast.
Know the actual worth of your used car — The most basic and most important thing to know is how much the used car is actually worth in terms of cash value.
Fix a starting price and minimum acceptable amount — Knowing the true value of the used car is useful to determine an asking price in mind in order to allow room for price negotiation. Knowing the cash value of your used car will also help to fix an amount in mind that is the lowest acceptable amount for you. Be firm and stick to it when the price of your used car is up for negotiation.
Keep the papers ready — It is best to keep handy all the documents that you would require while selling your old car. Maintenance records, warranty papers and all other papers are mandatory.
Keep in mind the mechanical history — Knowing about your used car’s mechanical history and servicing history will help you to tackle questions smartly which are expected to come up from interested car buyers. Being able to confidently handle their queries will garner the trust of the buyers
Get the car ready — A clean and presentable car is always more impressive to car buyers. Cleaning and mending the car to get it free of scratch and bruises is very much needed to make a lasting impression on potential car buyers.
Get the car inspected — It is good to catch up with a car mechanic to examine and inspect the car to ensure that there are no issues with the machinery or functionalities.
Take pictures of the car — Once the car is cleaned and inspected, take photos in broad daylight and from different angles and publish the best among those for the advertisement that you create
Advertise — Nowadays, people advertise online to sell their old cars, so it is good to provide a detail description and also post pictures of your car. When interested car buyers contact you after seeing the ad, you can try to boost your sale by telling them why your car is a better option than the others.
Provide a test drive — It is good to offer a test drive to the prospective car buyers; and this is also a good opportunity to flaunt the positive sides of opting for your used car.
Negotiate price — When the car price is up for negotiation, make some counter offers if the car buyer’s quoted price is not the amount you are looking for. In this context, it is smart to quote a starting price that is higher than what you are actually willing to accept. Click here and get more info about old car valuation.
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Blame it on the increasing price tags of brand new cars or the brutal depreciation hit in the initial years; more and more potential buyers are having second thoughts about buying new cars for sale. Even though purchasing used cars for sale offer a varied array of benefits, it is always a gamble of your luck. And with the increasing incidents of dealership scams or marketing ploys, it is easy to fall into a lemon trap. Want to save yourself from the buyer’s remorse; then you should arm yourself with all the right information and tactics to find the best deal in the second-hand auto sales market. Below listed are some essential tips you need to follow before buying used cars for sale.
Research in detail: You may also seek recommendations or research online about the reputed dealerships in your locality. After narrowing down the choices to a handful, you can check out their website and explore their inventory in depth. For instance, if you have decided a specific car model to buy, then online research is the best method to find the best deals in market. Let us say you are planning to buy used Chevy Tahoe SUV; checking out the consumer reviews on the make and model will help you figure out the possible defects or common problems with the specific model.Ramey Chevrolet
Be prepared with a set of questions: If you have decided on the dealership and the car model, then the next step is to prepare a set of questions. Visit the dealership in person or contact them through email or phone calls to find more information about the potential car model for sale. You may enquire about the reason for sale, mileage of the vehicle, number of owners and more. Is there a salvage title? Do you have all the records? Have there been any major repairs? Is it a trade in? You can add more questions to the list for collecting more details about the used Chevy Tahoe for sale.
Checking the documents and inspecting the car: Ask the vehicle history report and maintenance logs of the car. It will give you a detailed insight on title problems, service records, accidents, major repairs and more. Visit the dealership or auto store to check the vehicle in person. Make sure to examine the exteriors and interiors of the car carefully. Open the hood and take a good look at the engine too. Dents, rusted parts, leaking oil and peeling off paint are some of the warning signs of a lemon car. It is always recommended to hire the services of an experienced professional to get the car inspected thoroughly.
Test drive: Last but not the least, take the car for a test drive on both local and highway roads. Test driving the car on different road conditions can give you a better idea about how the car performs and responds. Make sure to keep your eyes and ear open during the test drive.
Following the above-mentioned tips help you in navigating through the pre-owned car buying process seamlessly.
Sell My Car at the Best Possible Price without Hassles
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Buying Mercedes Benz Car - Important Factors to Keep in Mind
How and Why They Are At Odds
You’ve probably read Fortune’s recent article, Why Car Dealers Really Hate Tesla. They highlight the following key fact:Tesla, the all-electric automaker and energy company sells its own cars directlyonline and through its own branded stores, not through franchised dealerships. The company has one store and service center in Virginia as well as one ?gallery,? where customers can look at the cars but not buy, or even test drive or discuss the price. And Tesla wants to open up one more store, where it can actually sells its vehicles, in Richmond.
The issue of allowing manufacturers or hybrid ownership under current franchise law exists not because Tesla or manufacturers are committed to ?taking down franchise law,? but because Tesla and manufacturers understand that franchised dealer system is at an inflection point. Dealerships are a vital part of every local community they serve, but their strategy to lobby rather than address operating inefficiencies is what has created these attacks. Until they address their core problems, the attacks will grow.
Less than ½ of 1% of the US?s 53 million new and used cars sales this year will be sold online. Manufacturers and dealers together spend $34 billion annually to sell 17 million new and 9 million used cars by driving millions of consumers to 20,000+ non-transactional websites. Why? They believe more information means less profit. (Just try to find an FAQ page on a dealer website.) Instead, dealers insist consumers visit the dealership and endure their legacy sales process where they price people rather than products. While commonplace 20 years ago, this degree of transaction friction is unsustainable for new car dealers.
Dealers would be better served to focus on improving their competitiveness. While dealerships are important employers and most often the largest local source of tax revenue, their inefficiency is undeniable. They average just 30% service, 25% repeat purchase loyalty and churn 70% of sales people annually. Why? Their 3 to 5-hour sales process limits a salesperson?s income and consumer satisfaction. How long will the industry spend $2,000 per new car sold in advertising to sell to consumers not likely to return? Their fight is not with Tesla, but within.
originally published on vinadvisor.net