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 Centurion Cars Wanted , 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.
Buying Mercedes Benz Car - Important Factors to Keep in Mind
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.
Centurion Cars WantedMy beloved Subaru Outlook
I hope this story serves as a warning to others to be extra vigilant when selling things online. If it prevents even one person from being sucked in, then it will have been worth writing.
I am currently trying to sell my car on TradeMe (for those outside NZ, this is the top online auctions site in the country, similar to eBay).
Within an hour of listing I received a text (from number 538 — itself a little suspicious)…“Hello, i am texting to know if your vehicle on trademe is still for sale, plz email firstname.lastname@example.org as this is urgent”
Upon sending an email to the email address I received the following response…Thanks for responding, My name is Susan Allan. i want you to get back to me with its current condition,more pictures and your final price as i am looking for a decent bargain. I am an officer with the Royal New Zealand Navy camped in uae and due to the nature of my work, phone use is restricted,reason why Im contacting you with internet messaging. Arrangements will be made to have this picked up from you by a local dubai shipper after payment and all necessary registration/paperwork will be handled as well before pick up.Regards
After I replied with more details and photos, I got the following…Ok,i just wanted to make sure nothing has been left out
Thanks for the information, it was really of immense help
i am happy to purchase for my son at your asking price and do you have a PayPal account,as i will be paying with PayPal for our own protection,PayPal act as a neutral third party. it is safe,secure and reliable, and also due to the fact that i am currently offshore and i won’t definitely be able to make it to the bank to wires money across to you.It is what safe and convenient for me. plz do check it out.
The language used in this email seemed a little strange - a bit formal for a kiwi, but I didn’t really think too much of it at the time. I responded once again that I already had a Paypal account and payment via this method would be fine (I also increased the price of the car by $300 to account for the PayPal transaction fees). She replied asking me to create an invoice in PayPal requesting payment. After confirmation I had done this, I then received the following reply…
“ok yes i found the invoice it was sitting in my spam but How do i know you will not run off with my money after the money has been first credited into your account cause we are dealing with a lot of money here and i cannot afford to lose my money just because i want to get a vehicle for my son. So can i trust you ? can you give me your word that everything will be fine. i am sorry if i am a little rude here, hope you can understand my point of view
attached is my proof of identification”
I responded with a photo of my own Driver’s Licence and a link to my LinkedIn profile.
The next response was as follows…have remitted payment to you via paypal and I also paid paypalcharges to ensure you get your full payment. the shipping address isregistered with paypal and they should send it to you in the paymentnotification. please check your e-mail for confirmation of payment, somake sure you check your inbox message folder and junk folder for theconfirmation email as the money has been completely deducted from my paypal accountAccording to paypal’s instructions, I have added extra $2200.00 NZD to take care of the shipping bills( i had to do that because you are the one to pay the shipper since you are the seller and they are going to pick the item up from you), so email back immediately you receive the confirmation and kindly make sure you read thoroughly through the payment confirmation messages as they should contain guidelines on how to clear your funds into your account immediately.
Again I thought the language a little strange, as was the fact I had to pay for the shipping. However the next two emails really got the alarm bells ringing. They looked genuine (I’ve put them in as images so you get an idea of how good they looked), but what they wanted of me was very suspicious. The From address ‘email@example.com’ was also a red flag…
After replying to the email as instructed, I got the following…
At this point, I figured out that this was most likely a scam, and after doing a quick google search, I found this…Malaysian Trademe/Paypal Car Scam - Page 12 - ScamBusters New Zealand
With all these scams you should remember that it is virtually impossible to export a New Zealand car to other countries…www.scambusters.co.nz
I have responded to ‘Susan Allan’ asking for further proof of identity, local contact details for the shipping company and a call via Skype. I don’t really expect a reply but will post an update here if I do.
It is obvious that these scammers have been going for a while and have been refining their craft. If you are ever contacted by someone overseas interested in buying your car, be very suspicious, no matter how genuine they seem.
How To Sell A Car On Craigslist
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
Some Essential Tips to Know Before Buying Used Cars for Salesell cars for cash new jersey
Selling anything privately all by yourself is a lot more difficult than doing it with the help of a professional. The same holds true when you try it for your car. You will either have to make investments for inserting a local advertisement or post it in one of the websites to have it sold. Apart from the fact that the process is sure to be time-consuming, the line of strangers calling you at odd hours can be quiteunnerving. Moreover, single advertisements have a short life and may not be effective at all.
Hard cash for car
Driving your car to a dealer to have it inspected and a price quoted is a tedious affair that may well leave you disappointed. As soon as you say to yourself that “I want to Sell My Car,” start browsing the internet and you are sure to come across websites that will buy your car for cash. Though most dealers will hand you a cheque once the deal is settled, there are a few organizations that are exclusive buyers of used vehicles and will hand you the hard cash or a cheque only if you wish.
Easy process to follow
The process of such internet deal is simple for anyone to follow. The websites are user-friendly, and you will find a title like Buy My Car, which has a simple free online form for you have to fill-up citing your car details. Once you receive a quick quote from the dealer, you can confirm the deal, and the representative will be available at a time and place that is suitable to you and pick up your car against cash.
Against loans and mortgage
Since these sites are dedicated to the business of buying used cars, you can be sure of the price that you will get. An even better option is to compare the price that they have offered to other used car sites.The Sell My Car will not have to be a preoccupation with you if you have your papers ready. In case there is a loan or a mortgage against your car, these car buyers will get in touch with finance companies and negotiate discounts on the loan and pay them off. In such cases, you will receive your payoff by a secure electronic method.
The best deal
You can be sure to get more for your car with such dealers because they are some of the long time and steady suppliers of used cars in the market. Their business runs on the profit that they make selling the used cars to the other outlets. When you are dealing with such business organizations, you can be sure that they will not try to sell you anything else in exchange. You can dispose of your vehicle quickly and also without any hassle of post-sale disturbance from a private buyer.