Archive for the ‘Car Buying Tips’ Category
Financing Your New Car
Author: car
Buying a new car can be a costly matter. Most people can only have sufficient savings to pay for 10% – 20% of the total car price. The balance is usually paid by financing the car. Car financing decision done right can lead to potential savings in the future. Although there are savings to be had on Audis, so be sure to compare new audi prices if that is the motor you’re considering.
One unconventional way to finance your car is to sell your old car privately as opposed to trading the car in. It is time consuming to sell the car privately as right buyers are hard to locate over night. Although trading in the car is more convenient, you do not get the maximum value out of your old car. By surveying the market, you can determine the current value of your old car. However, if your car current market value is almost similar as the value you obtain from a trade in; the better option is the trade in or part exchange.
The more well known way of financing your car is a car loan from the dealership. Out of all the car sales a dealer makes, 65% of them takes up the dealership car loan. Dealers usually offer car leasing also known as hire purchase agreement. In this arrangement, the customer signs a contract to pay a monthly amount for the next three to five years. At the end of the paying period, the customer will legally own the car
Instead of obtaining a car loan from the dealership, banks offer personal car loans as well. As opposed to the hire purchase agreement, the bank car loan allows the borrower to be the owner of the car at the point of purchase. In deciding on a bank car loan, one should make comparisons of the interest rate and its terms and conditions.
One must note that a car is a depreciating asset. It is said that once the car leaves the dealership, its value drops by RM 10,000 (equivalent to USD 3,225). Some people are in the opinion that it is financially unsound to be paying for an asset that does not appreciate in value. Therefore, there are those who choose to buy a second hand car or revamp their existing car to prolong its use.
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Get the right used car
Author: car
These days more and more people are buying second hand cars because the selection is monumental, the prices are low and the quality is high. Often the low prices overexcite some and all sense goes out the window. It’s important to know what type of car will suit your needs and buy accordingly!
Yes pretty much every used car is cheap. A 10-15% reduction on brand new retail prices is the minimum you can expect, and some makes and models regularly exceed 70% off. Unless you spot something that’s totally unmissable, you should remember that paying less is the norm, so find something that does what you need first and get excited about price later.
From sports cars to SUVs, super minis to luxury limousines, hot hatchbacks and of course family motors, there’s a huge range to choose from. Identifying your situation before you start looking at any used car is the best thing to do, as you won’t end up with something that doesn’t work for you. City dwellers won’t be best suited to a big SUV, likewise a tiny super mini wouldn’t really be the best choice for someone in a remote area.
There’s a huge range of second hand motors online. Big websites like Carsource and Teletextcars list over 100,000 motors each, so the chances of finding something you like are very high indeed. Simply log on, search for a car and behold the results. You really do have all the power at your fingertips.
The bottom line is that buying used cars will save you a lot of money. Using your head instead of your heart is the best way to end up with something that suits your needs. Get online and start searching today, you’ll come away with a bargain for sure!
best Cars buying tips
Author: car
So you are all set to buy your dream car. Congratulations! Cars belong to that category of purchase which calls for a lot of beforehand thought. Here are some tips that will help you cruise through this delightful deal with élan.
Reason
People go in for cars for various reasons. What’s your reason? Are you looking to use your vehicle for commuting to and fro from work on a daily basis? Is your car going to be a status symbol? Do you want to show off your big bucks via your four-wheeler? Or do you want to get a car because your daughter needs it to go to school! Once you have underlined your reason for purchasing a car, take the next step.
Features
Most of us when we choose a car we have a definite set of features in mind that we desire our car to have. Space is one of the prime amongst them. Seating space and baggage space, depending on what is your priority. Feature also comprises of the cars interiors and technical specifications. Whether it’s air-conditioned or not? The child friendly features too are good to take into consideration besides of course comfort.
Mileage
One of the most important aspects of buying a car is its mileage factor. Cars with greater mileage are preferred by those who use it on a regular basis or if you plan on weekend drives. Mileage also means savings. But where there is more mileage some cars compromise on their style quotient.
Style
When you are out to get a car you also need to buy one that matches your lifestyle and personal style. If you’re a sports freak a sports car is where your heart dwells. Any other model will do your personality disservice. Likewise there are different cars for different people. Which category do you whan your car to fall under; trendy, luxurious, safari or comfort.
Maintenance
What’s on offer is worth accessing. Compare the span of free maintenance? What are the added facilities that will cut cost and give you great service like service station near your residence? Check them out before making the final decision.
Best Time To Buy A Car
Author: car
If you are planning to get yourself a new car it could be a smart decision to ponder over a few pointers that govern the price of cars. Yes, it’s true you could get your dream car at a rebate with a little wisdom and patients.
Discounts
There are a number of reasons why automobile dealers and makers offer discounts to customers. Here are some of them.
- Is an automobile maker coming out with a new launch? Find out if it’s expected soon and wait for the launch. Because when the new remodeled car with added features hits the showroom, it’s but natural that the older model gets sold off cheaper.
- Car dealers are also pressed for sale targets which they strive to achieve form time to time. In case they are lagging behind in that target they offer a discount on particular models to push up sales.
- Sometimes if the dealers are overstocked with cars of a particular model they also seek to get sale off them by offering discounts.
Time
Look out for the sign when a dealer wants to clear out inventory. They do this to avoid paying tax that will be carried over on the particular model to the next year’s inventory. In such cases dealers offer rebates and discounts on sticker prices. It could be at the end of a year or month.
Sometimes seasonal shopping also stimulates dealers to reduce sticker price. For instance the festival season when cars are in huge demand dealers try various tactics to get the maximum sale deals. This is partly due to competition with other automobile dealers and so offers like low-financial interest on financing and special seasonal sales; bumper offers are sounded to entice customers. Why let that chance go?
Other reasons for rebates are cost of gas. When the price of gas increases certain models go out of demand. That’s when a rebate is put on them to get rid off the cars that weigh heavy on automobile makers and dealers hands.
Patience
The virtue of patience could not be rewarded more when it comes buying a new set of wheels. You could get a great deal on your favourite model if you are patient enough to wait. When a new car is launched there are some special price offers but its best to wait for the car to be a little older. The best time is when a new model of the old one is coming out in to the market. You get great deals on the old one. It does not mean you are compromising on any features since you had that model in mind it’s only that you have deterred the time of purchase.