Courtney Evy. Used Car. March 27th , 2021.
2). What is the maintenance history of your car? Ask the current vehicle owner to show you records of oil changes, routine maintenance as well as the mechanical work that might reveal a whiff of a problem. 3). Why are you selling this motor vehicle? Do not rely on the seller’s honesty but on your own instincts with this one. If the existing owner cannot give you a plausible explanation, that can be a indication that he may be trying to pass off a lemon. If you odor a rat, move on. 4). Is this car is still under warranty? Just as when you are shopping for a fresh jug of milk, you’ll want to pick the car that has the most time left previous to the expiration date – on the warranty that is. If the warranty won’t transfer, or if it is previously expired, consider asking the seller to cut the price by what it would price to buy an extended warranty. After that you can decide whether to purchase the extended warranty or else bank the money for possible repairs.
Buying a second hand car can be a big pain in the bum but with the right information and a little bit of guidance you can pick up a real bargain. A second hand car does not have to be a banger of a car it can be only 6 months old, so dispel any prejudices about second hand cars. Everybody likes a brand new car but if you think about it logically the people that buy brand new are losing a lot of money! When you drive a car off the forecourt of a car dealership the car will instantly depreciate in value and that is a really big problem. There is no exact figure about how much a new car will lose when it is driven off the forecourt but a reasonable guess would be 30% this is based on what I have seen in the past.
Many people do not consider that they have a choice when buying an automobile they need for transportation. They assume since they usually buy new shoes and new underwear that a car is something that should be bought new also. In our culture if you don’t have enough money saved to buy something now, there are always plenty of hawkers of loans and credit to lend you the money to do so. Is this always the wisest thing to do? What if you owned a 2003 Toyota Camry, sold it this year for $6,000, and took the money and made a down payment on a new $24,000 car? You would have to finance $18,000. According to Yahoo, the current national average for a car loan is 5.75 percent, and government statistics inform us that the average car loan is for a period of more than four years. Let us say you finance the car for six years. Your monthly payment would be about $320 a month. Six years later you would have paid $23,000 out of pocket for the car and you will have only $6,000 to show for it if you took very good care of the car and are able to get that price when you resell it. That means no accidents, no eating or drinking in the car, and getting the oil changed and other maintenance taken care of on schedule, and keeping the mileage low to average. In other words, you will need to have a bit of luck and be very conscientious in taking care of your car if you want to get a good resale value on it six years later.
You might think that’s still a bit old. Not all old cars are that bad. Within the last 10 years or so regulations have been put in place to control emissions and get better gas millage. Some car companies like Toyota or Honda have been doing this all along regardless of laws. For example I drive a year 2000 honda civic. Its not the pinnacle of ’green’ technology but think on this I get around 25-30mpg. This car is now 9 years old. Many cars today can just match that, and some can’t even reach that high of millage. It also has always passed California smog check and emission checks. California is notorious for its strict emission control standards. So if it can pass those tests it’s a good, clean running car. And since the car is quite a few years old it’s not going to be all that expensive, especially if its found at an auction where you say how much you’re willing to buy it for.
There is a big concern these days about going green; caring for the environment. One of the biggest forms of pollution is cars simply because there are so many of them. Hundreds of millions of cars are running all day long, every day of the year. Some cars are newer and have better controls built in so they run cleaner and get better millage. However a lot of cars are still very old and run poorly. I’m sure many people would love to get a new car but a lot of times they are not affordable. Newer cars can be expensive. Newer ’green’ cars such as hybrids and natural gas cars tend to be even more expensive than your average base model car. So what can a person do to drive a newer car, get better millage, help reduce pollution, and save money? One answer, believe it or not, is to get a used car from an auction. Government auctions happen all the time and are a great place to find used vehicles. These used cars for auction are not your run down old junkers. No, they instead tend to be newer cars usually from within the past 10 years or less.
The automobile is one of the most important machines developed for the modern civilization. Taking people to places in a quick, convenient, and secure way, these machines can be found just about anywhere. Of course, there would be times when an owner, for one reason or another, makes a decision to sell his/her car. With so many people willing to buy a car, it may seem like letting go of a vehicle is very easy. But there’s actually a right way of selling used cars. These tips will ensure that you sell your car for maximum profit and minimum hassle. 1). Check the market for your car- Specific cars hold specific value for different motorists. Market value can be affected by different factors such as the model’s track record and its sheer desirability. If you are not quite sure how much your car will fetch on the open market, check out how these cars are priced historically and how much do they cost now. These pricing trends can give you an idea how much value your car can potentially fetch.
Many cities have a location where they have used cars for sale, frequently through government auctions. Some of these cars have been repossessed, some have been confiscated by the police, some have been abandoned, who knows. The government has assumed clear title on these cars, and about once a month, or depending on how quickly their lot fills up, they will place these vehicles up for sale. If you are a person who does not have much wisdom about cars, it would be prudent to check around among your friends/relatives to find someone who could go with you to the sale. In many cases, the day before the sale, the yard will be open for a couple of hours, and then the day of the sale, open early, so that you can walk through the cars and check out cars that might interest you. Once the bidding starts, they will pull a car up to the staging area and take bids. If you are the winning bidder, you must be able to pay a certain percentage down right then. This depends on the sale. (You will want to get the information ahead of time). Usually they will give you a day or so to come up with the rest of the money. They do not provide financing there. Good luck in searching for a car.
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