Thursday, 25 October 2012

How To Get the Best Deal on Your Car

If you are ready for a new car, chances are you know exactly what you want. Whether it be a battered old classic you intend to lovingly restore or a brand new sleek sports car; it pays to do some research ahead of time to make sure that you get the best deal possible. Whether you having been squirreling away the pennies for some time or you have secured yourself 0% car finance; there's no sense in wasting your hard earned money by buying a car on impulse. It doesn't matter if the car you want is second hand or brand new, rolling straight off of the production line and onto your driveway; doing some groundwork will make sure you don't get ripped off. After all, when you are cruising around town or meticulously polishing your car you want be able to be that extra bit smug knowing you secured a good deal.

 

Scout Out Second Hand Deals in Other States


As with all significant purchases, shop around. If you are buying a second hand car, you may well want to consider buying one from out of state. Different cars demand different prices in different states. It all boils down to the availability of the particular car you require. This in turn is often dictated by the climate of a particular state. For example, in regions which have a climate which renders cars prone to rust, obviously a second hand car which is rust free will command a higher price. Therefore if you live somewhere where cars start to rust up after their first winter, consider traveling further afield to get a deal on a rust free used car.

The road trip home after collecting your car from another state could be the ideal opportunity to get to know your new purchase. However, make sure you accurately calculate the cost of flying to pick up your car in addition to the fuel costs for the journey home and add this value to the price you are paying for the car when deciding if you have found yourself a bargain. If you are buying from out of state, make sure you do your research into the various tax and registration implications; for example depending when you will get the title and whether the car is registered, you might be required to get an interstate transit permit to make sure you are legal on the drive home.

Be Prepared


Before going ahead with your purchase, do your research and have everything in place. Knowledge is power after all, so you are in the best position to grab a bargain if you have spent some time doing some research. If you are buying a used car, trawl the internet (online auctions, forums and car trading websites) as well as local auctions, classified listings and dealers for a bargain. Once you have found something suitable and at a good price, give the seller a call and fill in the details that might be missing from the ad such as the car's history and specific questions relevant to the make, model and age, e.g. has the timing belt been recently changed? If you are buying brand new, chat to people who already own the type of car you are thinking of purchasing in online forums. This way you can find out which optional extras might be worthwhile additions or which are all looks and no substance. If you are buying from a dealer, see if you can find reviews from people who have bought from them and definitely check out their returns policy.

Whether you are buying new or second hand, you need to set a budget and stick to it. Use resources such as the Kelly Blue Book to see what you should be paying for a new or used car. Calculate running costs such as servicing, fuel consumption, tax and insurance. Again, hit the forums to find out what people are really paying to run your particular vehicle. Once you have your budget ironed out, you need to ensure you have the right finances in place. If you have diligently saved for this day, then make sure the funds are easily accessible. Alternatively, consider guaranteed car loans from a car finance specialist to ensure you obtain the funds you require without any hassle. Having the finances in place ahead of time (and the cash in your back pocket if necessary) will mean you have one less thing to worry about and can swoop in when you see a good deal.

Negotiate

Once all the ground work is complete, bagging yourself a bargain is all about negotiating. Many people shy away from driving a hard bargain and this is what car salesmen bank on. If you have done your research you should have the confidence to go in and negotiate yourself a good price. When buying a second hand car, it is worth taking a mechanic or someone with a good working knowledge of cars (if you don't have that yourself) with you. If they find something requiring expensive work, you can negotiate the price down accordingly. When buying new, often it is worth buying your car towards the end of the month when the cut off for sales targets is looming and staff want to get one more deal in before month end. Similarly, if a new version of the model you are buying is due to be released soon and you are happy with the existing model, you may well find that a dealer is eager to see their old stock sold and may be more amenable to negotiation. However, if you sense that the sales person is not going to go any lower on the price, start haggling over extras; even something as small as a tank of gas or a set of mats equates to money in your pocket.

Simple Things that will Increase the Value of your Vehicle

The value of a car generally goes down approximately 65% after about 5 years of normal driving. Once you have decided to purchase a new or newer car it is tempting to quickly settle for the best offer you can get on your old car. Before hastily putting a "for sale" sign on the back window and placing an ad in the local newspaper, you should take advantage of a few simple and fairly inexpensive tips that will enable you to get several hundred dollars more than you otherwise would. There are other things that you should always be doing in preparation for the time when you will want to sell your car.

Washing and Detailing

Although this should be obvious, it is amazing how many people neglect to do it. Improving the appearance of a car both inside and out will greatly improve its perceived value. Your vehicle may be in superb mechanical condition, but if it doesn’t look clean and polished the car’s resale value might take a hit. It is well worth the investment of detailing and washing the car, regardless of whether you do it yourself or have a professional do it.
 

Limit Upgrades

Strangely enough, upgrades often decrease a cars resale value. For instance, adding a custom stereo system probably seems like a good idea, but modifications usually lower a car’s resale value. If you do upgrade your vehicle, you should keep the original parts so that it can be easily reverted to the original factory condition. Many experts suggest that you resist the urge to customize if you want to get top dollar when you sell the vehicle.

Keep your Car in the Garage

If you live in an area with harsh climate and severe weather, you should keep it in a garage. If you don't have a garage, consider using a car cover. This will make a huge difference in how your car looks.
Maintenance
 
One of most important and practical things you can do to maintain top resale value on it is to strictly adhere to the maintenance schedule including regular oil changes per the guidelines in the operator's manual. Be sure to document all of these things. A shrewd buyer will be as concerned with the mechanical condition of the vehicle as they are with the looks of the exterior.
 

Repair all Known Issues

Used car buyers love hearing that they’re buying a car with new parts. It instills trust when the seller is willing to spend money on repairs even though they won’t personally benefit from them. Whether it’s a new set of tires, seat covers, windshield wipers or spark plugs, these repairs give the impression that all known issues have been fixed and the car won't be in need of immediate service.
 
As simple as these things are, they will make a huge difference in being able to sell the car for the highest possible price. You can usually get more money for your car by selling it yourself rather than using it as a trade-in on your next car purchase. When you purchase your new car, be sure to choose one that holds its resell value well.

Author's Bio:

Marc Tuttle is the Manager of Internet Marketing at Seat Covers Unlimited. Visit our site to view seat covers by Seat Covers Unlimited.

Tuesday, 2 October 2012

Precautions While Purchasing Used Car

The economic recession is one of the main causes for the development of used cars market. Nowadays, most of the individuals opt for buying used or pre-owned vehicles because according to them, it is not practical to spend on new autos when the economy is not in a good shape. If you are also considering purchasing a pre-owned car then it is good to check out some of the most significant aspects before actually finalizing the deal.

The very first thing that you should consider before buying used car is your budget. Now, after deciding your budget, next thing to consider is the size that directly depends on the number of persons you have within your family.

After preparing the list of cars you are considering for, you must pick a good dealer who has used cars of the selected models. Once you have short-listed the cars, next task you have to do is to check the years of registration of the cars. Purchasing a vehicle that has run almost more than 17,000 Kilometers is not worthwhile. While carrying out such task always remember to check the functioning of odometers.
Take a test drive along with your own mechanic; it will enable you to check the various parts including the engine plus the transmission whether they are functioning properly or not. In some countries such as the United States, you can avail Car Fax reports & from them, you can further find out the complete history of the automobiles. Through these reports you can also check out the particulars of the accidents if any. Car Fax reports also tell the service history of the cars.

You should always keep in mind to monitor the cooling system, the radiator, the alternator & the starter of the automobile, especially the second hand car. The radiator should be free from any kind of leaks. The working of the Brakes should also need to be monitored. It is always recommended that you should visit the dealer with your own mechanic.

Nobody desires a very cheap auto but at the same time one cannot actually go very far. It is then very much essential that one should inspect autos’ general condition before actually purchasing it. Numerous things that include the make, design, model, & color should only be less important. If you want to buy used or second hand cars, you must consider its functionality as well as affordability!!!



About The Guest Author: 

Sofia Williams writes for www.lahondaworld.com. She is a freelance content contributor and likes to write about various spheres like Social Media, technology trends and her secret favorite – cars and automobiles. She is a keen observer and contributor for various auto forums and the online auto space.