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 Johannesburg Used Cars 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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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
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It is very important to be sure of your decision at first, for selling your car. Selling used cars have become easier now with options available online with no hassle at all. Just that, you may have to spend sometime in describing your car, getting the paper work done and acquiring the best bidder.
Know the true worth of your car
Your car has a depreciating value. With time, it’s value diminishes. The more your car travels, the more is the depreciation with diminishing value. A less sparely used car will have more price value with better resale value. This will make selling your used car easier at the perfect rates.
Many online websites allow you to post your car’s photograph with details and your expected resale value. These websites have thousands of customers browsing through them that helps you sell your used car easily.
It is very important to provide your detailslike name and contact details, to avoid any sort of miscommunication. An email address also may work. You may also provide your mobile number so the buyer they can reach you anytime.
Good paper work
Many legal formalities are involved for selling a used car. The documents that are needed to be filled and provided to the buyer are- Form 28: This is the application to the RTO for an NOC only applicable if the buyer’s residence is in the area of jurisdiction of another RTO, Form 29: for transfer of ownership of the car, Form 29: for transfer of ownership of the car, NOC from finance company if applicable, copy of the delivery note, original registration certificate, RTO tax certificate of the onetime tax paid when you bought the car, insurance policy, copy of the invoice of the car, Owner’s manual of the car, Service history of the car and duplicate keys.
Schedule a test drive
A test drive must be scheduled with the buyer to give him assurance of the quality of the car and that the price that he will be paying is worthy. A test drive should be done in a public place and in the presence of the owner to avoid any sort of mischief.
Closing the deal with the highest bidder
Many buyers may approach you looking at your advertisement either online or newspaper. You may negotiate to get the best bid.
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Richard Lide loves classic cars and he is currently building a classic car collection in his garage. While he loves all classic cars, he often buys some just to fix them up and sell them so he can use that money for cars he wants to add to his collection. If you are going to sell a classic car, these tips can make it easier.
If you want to get the most money from your car you need to restore it and make it look as nice as possible. Many people enjoy restoring cars and are able to do so quickly and easily. A restored car often sells easier than one that needs work.
Take Good Photos
If you are going to sell your vehicle you need to make it look as attractive as possible. You want to get photos from different angles of both the interior and exterior, and of the engine and wheels. People who are interested in buying the car may also ask for specific photos.
Post Ads Online
You may have some luck selling your classic car by putting ads in your local newspaper, but you will reach more people if you advertise it for sale online. Make sure you take advantage of online classified sites and other websites that allow you to post your photos for free.
Selling a classic car isn’t always easy, but if you advertise it right and market it to the right audience, it can sell much faster. The above tips can help you successfully sell your classic cars like Richard Lide.
Should You Have To Buy A New Car to Get New Features?
With more than 1.2 million fatalities and up to 50 million injuries globally per year, driving is dangerous. It takes a tremendous toll on our society — more than $1.9 trillion in direct economic costs each year. Reducing and eventually eliminating most of the dangers of driving is actually a technology problem for which we have the answer. Humans should drive less and computers should drive more.
There are 1.2 billion cars on the road today. Even with the popularity of ride-sharing services like Uber and the potential Millennial trends away from car ownership, there will be two billion cars on the road by 2035. Today, none of them can drive themselves. And only about 70,000 of them (most Tesla Model S and X units) have autopilot features—the beginning of autonomous driving. The automotive industry offers us only one way to get new safety and convenience features—buy a new car.
The problem with this approach is that it is just too slow. The average life of car ownership is about 11 years and the average life of a car is about 17 years, so if we wait for everyone to buy a new car in order to get new important safety features and autonomous driving capabilities, it will take at least 40 years for those features to reach about 90% of existing cars. This is true even if every single new car came with all of these features—but that’s not how the auto industry works—they tend to offer advanced features only in higher-end packages on select models. If autonomous cars are offered for sale in 2020, and we assume these features are in many of the new cars available, by 2030 there will still be 1.6 billion cars on the road without any autonomous features. This is not ideal.
Thankfully, a team of more than 50 enormously talented engineers and designers from Apple thought there should be a different path towards the autonomous driving future. Together, they have designed and launched more than 25 different iPods and iPhones currently in use by a billion people. With this unparalleled consumer products expertise, they created a company dedicated to offering the world’s most elegant and beautifully functional products for your existing car, intending to pave a path to autonomous driving for everyone.
To start, one of the most useful safety features for cars is the backup camera. According to the NHTSA, in the U.S. alone, 210 fatalities and 15,000 injuries are caused each year by backwards-moving car accidents. But today, despite being introduced in 1956 and appearing in the first production car in 1991, only 1 in 4 cars has a backup camera, and most of them are terrible — poor quality optics, low-resolution displays, limited sight distance and field of view, no intelligence, and to add one to an existing car, someone has to rip open your car to install it.
Welcome to Pearl RearVision.Pearl RearVision
Pearl RearVision is self-installable in just a few minutes. It’s solar-charged and fully wireless. It has two of the most advanced stereo-optic cameras ever put in a car and can see, day or night, with nearly 180º field of view. It sees things we humans cannot see. The system is built with deep learning intelligence and will be able to auto-identify different types of objects behind and to the side of your car. It provides both audible and visual alerts as you near certain objects and is contextually aware of your surroundings, using GPS to know the difference between a driveway and a parking lot, for example. What about the screen? Pearl RearVision streams wirelessly to your phone. And the picture is gorgeous.
Most importantly, it get’s better over time through automatic software updates. As the system learns, every user benefits with smarter image sensing and better object identification. And the company will add more and more features to all units through these updates—truly a product that improves over time.
This is only the first product from Pearl. Over time, they will deliver more products for your car, built with the same outstanding quality and premium features found only in the most expensive luxury automobiles, plus many features not found in any automobiles. Pearl will pave the road to autonomous driving for the more than one billion cars on the road today. Because everyone should have life-saving technology in their car, not just the people who buy high-end new cars.
At Venrock, we are honored to partner with Bryson, Brian, Joseph and their incredibly talented consumer products team as they undertake one of the most important challenges we face as a society — making us safer on the roads.
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