Elise Mariam. Used Car. February 29th , 2020.
These are hard times, no doubt for just about all of us. Let’s give some consideration to automobiles. There are people who have purchased new cars within the last couple of years. Sadly, since that time they have lost their jobs and can no longer afford to make a car payment in the neighborhood for $400+ per month. Before they know it, they find themselves getting their beautiful cars getting repossessed by the finance company. How embarrassing this can be for you with your neighbors, unless it has happened to them too. Now you do not have a car, your credit is ruined, you need a car, what are you to do? Maybe you have been unemployed or underemployed for a number of years. You know what tough times are all about. You wonder if that old clunker of yours is going to make it for another month or not. You don’t want to take your children in the car because if it breaks down on the road, it won’t be safe for the children. You need to get another car, but to get a bank loan and pay a lot of interest is just not possible for you. Where do you turn.
Depending on how long you have been driving, you will probably have had at least one car you have wanted to sell, and if you have ever tried to sell a car, you will certainly understand the minefield that is the used car market. There are many reasons why you may think to yourself ’I want to sell my car’; perhaps you want to buy a newer, or better, car; perhaps you have developed an environmental conscience and wish to ride a bike, or take public transport; or perhaps you simply need to raise a little capital in a short space of time, and think that selling your car would be the perfect way to do so. Selling a used car can take time and money. If selling privately, there are the associated costs of advertising, which can reach in excess of £150 if the car is advertised with a coloured photo. There is also the time involved, it is unlikely that the first person who views the car will take it, and so, more often than not, multiple viewings are necessary, these take up valuable free time and can be a great inconvenience. Alternatively, if selling with a dealership, it is unlikely that you will receive a good price for your car.
5). Can I test drive this car? Of course, it would show signs of a scam if the owner were at all reluctant to let you take it for a spin. Pay more attention on how the car performs on hills, highways also in stop-and-go traffic. 6). Can I take this car to a mechanic? Usually for less than $100, you can easily get an expert to sniff out any less-than-obvious problems. Find a mechanic who is specialized in this kind of inspection by checking in the phone book below ”automotive diagnostic service.” 7). What is your best price for this vehicle? Once you have decided that the car passes the smell test, it is time to negotiate a deal. Perform your research first, and then be equipped to walk away if you know the seller’s lowest offer is excessively high.
2). Evaluate the condition of your ride- The price your car will fetch does not only depend on what model it is but it also depends on what state your car is into. If your car is running pretty well with only minimal defects or errors, you can expect to get a good profit for it. If your car is in a horrible state or is disabled, you’ll be lucky to sell it for something that even approaches market value. But if you’re selling a car in perfect condition, you can potentially make a killing on the marketplace. 3). Get your car in good shape- If you are capable of doing it and if you have the time and money to get it done, it’s best to get your car in great or at least respectable shape. Sure, it may cause you to shell out some cash as an investment, but the returns of having a presentable ride during the sale can be potentially huge. Prep your car properly and you’ll never regret it.
Ownership – how many owners has the car had? Generally the less owners the better, and if you are buying from the original owner they will be able to tell you everything about the car’s history. Be wary if the owner is selling after having the car for a very short time – ask them why they are selling. Also, the type of owner can indicate how the car has been driven. Are you buying it from a woman or are you buying it from a 20 year old man? Mileage – how many miles has the car done? Does it equate to roughly 10,000 – 12,000 per year? If it is much higher, be aware the engine will have suffered more wear and tear so try to haggle the price down. Service History – Does the car have a full service history? Ask to see the Service book and check the records and make sure each service has been stamped by a garage.
Price – How much are they asking for the car? Make sure you are paying a fair price – have a look on websites like Auto Trader to get an idea of what other sellers in your area are asking for the same car. Can you haggle the price down? Whether you’re buying the car as your main family car, or a little run-around, you want to make sure the car you are buying is reliable and dependable, and that you are paying a fair price. If after inspecting the car you are still unsure about it, the AA provide a Vehicle Inspection service where, for a fee, they will undertake a full safety check of the car to give you peace of mind.
Question: How many miles is on the vehicle? Hopefully you shouldn’t have to ask this question because the mileage of the vehicle should be disclosed upfront. But, you might want to ask if it has changed. Some sellers drive their car around while trying to sell it. If someone drives 100 miles a day to and from work, that can significantly increase the mileage over one or two weeks. Price depends on a number of factors and mileage is one of those important factors. Question: Has the car recently been serviced or has it undergone any recent repairs? This answer can lead you to a great car. We tend to think of cars that get serviced as bad (they need repairs after all). With that said, it does mean that the vehicle is serviced, up-to-date, and recently repaired. This is good because it also shows signs of an owner who cared for the vehicle, which you benefit from. Also, keep in mind that the more recent the repairs are the less you will have to spend on them upfront.
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