Wednesday, July 28, 2010

Tips For Putting Used Car Websites to Work For You

Millions of used car buyers have discovered the advantages of searching online for the vehicle best suited to their needs; you can experience the benefits of researching and shopping on used car websites, as well. Read on to find out how you can find the car of your dreams through a reputable online vehicle search service.
What types of information are available on a used car site?
The best used car sites offer a wide range of information. You will find detailed information on each vehicle being sold, including the year, make, model, mileage and general condition, as well as the asking price. Photographs of the vehicle are also provided, and in some cases, the site will provide a detailed history of the car; a vehicle history can tell you whether the car has been involved in a crash and whether any major repairs have been done. Some websites also provide vehicle reviews, so that you can compare various makes of cars.
Where do the vehicles come from that are sold online?
Depending on the site you are using, you will be able to search for vehicles locally or nationally. Many sites pull information from dealerships across the country; often, a group of dealerships in your area will provide a used car site where you can find pre-owned vehicles for sale in your area.
How do I know whether I can trust an online used vehicle dealer?
Your best bet is to visit used car sites that are well-known and have an established reputation. Sites like Carmax.com and NADA.com (run by the National Auto Dealers' Association), among others, are legitimate resources for researching and purchasing used vehicles.
Can I get financing through an online used car dealer?
Many used vehicle websites will provide links to lenders who can help you finance the purchase of a quality used car. Some of the larger sites that are affiliated with national dealer groups will have their own financing available. Be sure to shop around for the best rates and loan terms before you commit yourself to a lender.

Wednesday, July 21, 2010

Why It's Important to Get a Used Car Appraisal

A used car appraisal is an estimate of the approximate market value of a particular used car. Whether you are buying or selling a vehicle, having a good idea of the value of similar vehicles in similar condition can help you to make important decisions about whether to buy a certain car, how much to offer, or how much you should be able to get for the vehicle you are selling.
What are the benefits of getting an appraisal on a used car?
If you are selling or trading a used car, knowing how much vehicles of the same make and model are typically worth can be a useful tool during the negotiation process, helping you to get the most for your car. If you are buying a used vehicle, knowing how much the car is worth can help you avoid paying more than you should.
What factors determine the appraisal amount of a used car?
An appraisal takes into account various factors, including the make, model and year of the vehicle, the mileage, wear and tear, and overall condition. The repair and maintenance record may also affect the value of a car. A car that appears dirty and cluttered and shows signs of excessive wear and tear is less likely to command a good selling price than one that is clean, well-cared-for, and shows evidence of proper maintenance.
Where can I get an appraisal for a vehicle?
There are several different ways you can obtain an appraisal for your vehicle, including the following:
• Consumer pricing guides - Kelley, Nada, and Black Book used car pricing guides can give you general information about the value of a particular make and model of vehicle;
• Dealer estimates - if you have a local dealer you trust, he or she may be able to give you an approximate value of a used car based on several factors, including the make, model, and general condition of the vehicle.
• Professional appraisers - a professional vehicle appraiser will conduct a thorough examination of your vehicle and provide a written statement of the wholesale and retail value, based on the specific features and condition of the car.
Whether you are buying or selling a used vehicle, knowing how much a car is worth before you get into negotiations can end up saving you money and aggravation. Be sure you get a used car appraisal before you make an offer on a car or put it up for sale.

Wednesday, July 14, 2010

How to Get the Best Possible Used Car Trade in Value For Your Vehicle

In the excitement of shopping for a new car, it is easy to forget an important negotiating factor - your used car trade in value. But while you are admiring and comparing the features of a brand new vehicle, the sale person is thinking about the bottom line, and this includes giving you the lowest possible price for your trade-in. Following some simple steps can ensure that you receive the best possible price for your old car, significantly reducing the cost of purchasing a new vehicle.
1. Clean your vehicle. Having your car looking its best can increase its appeal, and therefore, its value; conversely, a dirty car will look poorly cared-for, and the dealer will be unwilling to give you more than the absolute minimum. It can be well-worth the money to take your car to a professional detailer; if you prefer to clean it yourself, vacuum all the upholstery, and use an upholstery cleaner to remove any soil or stains from the seats, headrests, carpets, and roof liner. Wash the outside of the vehicle thoroughly, paying attention to the undercarriage and the wheels as well as the main body. When you are finished, a coat of polish can make your old car look, if not new, then at least a bit less old.
2. Remove all personal possessions. Taking everything personal out of the car will make it appear less cluttered and better-maintained. Even your glove compartment should be empty, except for the owner's manual and vehicle registration. Don't forget to clear out the trunk, leaving only the spare tire and tire iron - vacuum the trunk out, as well. Any bumper stickers and decals should also be removed, if you can do so without marring the paint job.
3. Keep a record of all vehicle repairs and maintenance. Written documentation of all scheduled maintenance and any repairs you have had done on the vehicle will provide proof that you have properly maintained the car; this will give you bargaining power when you are negotiating the purchase price. In addition, make sure that all warranties for new parts that you have purchased are in the vehicle with the owner's manual.
By following these guidelines, you provide yourself with important negotiating tools when it comes time to settle on a trade-in amount for your used car. Improving your used car trade in value can save you hundreds, or even thousands of dollars when you purchase a new vehicle.

Wednesday, July 7, 2010

How to Determine Used Car Values

Whether you are looking to buy, sell or trade in a used car, understanding how to calculate used car values is essential in order to ensure that you get the best deal possible. While the selling or trade-in price of any used car eventually comes down to what the buyer and seller eventually agree upon, there are several different ways to determine the approximate market value of a pre-owned vehicle.
1. Used Vehicle Pricing Guides: One of the most commonly used vehicle pricing methods is consumer pricing guides such as Kelley Blue Book, Nada, or Black Book. While you can purchase any of these guides at your local book store, the associated web sites offer a convenient option for most consumers. By entering the make, model, year, features, mileage, and overall condition of the vehicle, you can get a pretty accurate value; keep in mind that each of these sites will typically value a similar car at a slightly different price.
2. Professional Vehicle Appraisers: Professional appraisal services can be an excellent tool for establishing the fair market value of your specific vehicle. An appraiser will come to you and make a thorough assessment of your car, taking into account the condition it is in and the service record as well as the make, model and year. Professional appraisers may also be able to assist you with trade-ins or private sales.
3. Local Dealers or Repair Centers: For an informal appraisal of a used vehicle, visit a local dealer or mechanic you trust. Dealers, in particular, are experts in their field and have a good knowledge of the going prices of used vehicles. Your dealer can give you an estimate of the fair market value of your car and offer negotiating tips based on the specific assets or shortcomings of a particular vehicle.
The price you actually settle on, whether you are buying or selling, will depend on a number of factors. While the market value of the car will play an important role, the condition of the particular vehicle, the availability and average selling price of similar cars, and consumer demand will all come into play. It is important that you have a good idea of the used car values of the vehicles you are dealing with; without this, you are essentially flying blind, and you are not likely to end up on the winning side of the transaction.