Buying And Selling Used Cars: How To Get The Best Deals

by: John Rivers


In the fast-paced world we live in, owning cars is an essential necessity in life. With a car, you can manage your life easier, and more efficiently. New car buyers usually buy their car in used car dealership to save money. Most people consider getting another used car and usually sell their first car. Here are some tips to get you started in buying or selling used cars and in the same time, getting the best deal possible.

Used Car Buyers

The first thing you should consider when buying a used car is how much you are willing to spend. Knowing what you can and cannot afford is the first step when buying used cars. Saving money is mainly the reason why most people buy used cars. Another reason is that they want a specific model of a car but cannot afford to buy a brand new one. To get the best deals possible you should research, and research some more.

To know how much you can afford you should first figure out your monthly net income. To get the exact figures, you have to first get your total monthly gross income then, deduct all of your monthly expenses like; groceries, insurance, rent payments, mortgage, etc. the result will be your net income.

After you figure out your monthly net income, you should ask yourself:

• How much am I willing to spend on a car?
• How much is the down payment?
• How much can I afford on monthly payments?

While calculating these three important numbers, you should also consider the cost of fuel, registration and insurance. Find out if the vehicles you are interested in are still capable of giving many a good mile to gallon of fuel ratio.

Contact your insurance company to know how much your monthly payments will be on each of the cars you are interested in. Give considerations if the vehicles have safety features like airbags, and anti lock braking system or ABS. Insurance companies usually give discounts if the car has these features.

The biggest disadvantage to buying a used car is the lack of warranty. Private sellers often do not include any warranty on the car they are selling. Another problem when you purchase a used car is the risk of buying a junk.

You may have purchased the car for a very low price but you could have bought a car that will drain your money on maintenance costs.

It is always wise to inspect the car thoroughly first before deciding to buy it. If possible, try to find out about the car’s history. Get some of the car’s service records for you to know a bit about the car’s history.

Selling Used Cars

Selling your old car can prove difficult and time consuming. Most people who tries to sell their used car often gets tired and will just trade it in or sell it in a very low price.

Here are a few tips on selling a used car to get you the best deal possible.

Once you decide to sell your old car, the first thing you should do is set a price for it. To help you with the actual value of your old car in the market, research the car’s make and model in the internet or in your local used car dealership. Ask around.

After you figure out the market value, find out how many vehicles that are similar to yours are in the market, then, increase the price of your old car just a little. This can be helpful when a buyer tries to haggle, which they often do. This gives you an allowance for haggling.

The next step would be evaluating your vehicle. List down your old car’s accessories and other added expenses. This would be a good way to further increase your vehicles price.

You should also include in your list about the condition of the vehicle. The better the condition the faster it sells. You should also present you car’s service records to the buyer.

A service record is a good way to know about the car’s history. If your old car’s service record were clean (no accidents, good maintenance) it would sell faster.

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How To Decide What Used Car To Buy

by: Louis Rix


The majority of people who wish to buy a used car have a clear picture in their mind of the type of car that they want, or at the very least some idea of whether they want a saloon or a hatchback. However by the time they have visited the showroom they can leave the forecourt driving away something very different from what they envisaged. The reason behind this could be the salesman persuading you away from what you know is the right choice or you simply buy on impulse only to realise your mistake later. Here are some practical tips to help ensure you don’t make a big mistake when it comes to purchasing your car. The first thing you should take into account is the size of the car; factors to take into consideration here are the size of your garage or drive and whether or not you have a family. If you have a family then purchasing a small two seated model is probably not the right choice. The same applies if you have limited space as then you aren’t going to be able to fit a big car into it. The size is also determined by the build you are, for example if you are a tall person then you will have to ensure that you have adequate room, you don’t want to have to open the sunroof and stick out your head in order to see where you are going. Take into account what it is that you need the car for. Are you going to be towing a caravan or attaching a trailer to it on a regular basis? If you are then you should consider a car with a bigger engine such as a four wheel drive. If you only want something to run about in the city then your choice might be better suited to a smaller hatchback model. The car you choose should fit in with your lifestyle. Another important factor that you should always take into account when considering the type of car is how much it will cost to insure. The size, make and model of the car are all factors that are taken into consideration when it comes to determining the quote for your premium for the car insurance. Finally, you have the choice of going for a petrol or diesel model; there are many advantages to choosing a diesel model rather than petrol. The diesel engine is considered to be more reliable and the fuel is more economical. However there are bad points too and these include the engine of the car being worked harder which means a major overhaul. Cars that run on diesel are also often overpriced and they aren’t considered to be environmentally friendly when compared to petrol engines.

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Buying A Used Car Using The Web

by: Louis Rix

When it comes to buying a used car there is nowhere better than the internet to help you get started. There are a huge amount of websites where sellers list their cars along with photos and detailed descriptions and this is the easiest and quickest way to find the car of your dreams. However when it comes to buying the car, there are some things that you should take into account, with this is mind here are some tips for a buying a used car. Before you even go looking for your car make sure you have a general idea of how much cars of similar age and type go for second hand. Also bear in mind the repair costs of the model, the safety aspects of that particular model and how much the car would cost to insure. Once you have made contact with the seller and have gone to check the car over, it is essential that you get to see all documents related to the cars history. This will give you an idea of how well the car has been treated and if it has had all the check ups it should have had. If you are buying your used car from a dealer then you have the right to see the written warranty that is provided by the dealer before you buy, this is one way of making sure of what you are getting before you commit yourself. When you go to look at the car make sure that you give it a through inspection in good lighting and that you take it for a test drive. Where possible make sure that you test drive the car in most situations, for example up and down hills, in heavy traffic where you are stopping and starting and if possible a brief drive down the motorway. This will all tell you how the car handles and feels and pay particular attention to not only how the car handles but also how the engine sounds. One of the best tips when it comes to buying a used car is if you know nothing about cars then make sure that you take someone with you who does. If you don’t have a friend or family member then it can pay to book someone from an auto club to go with you and look over the car. While of course this will cost you in the long run it can work out cheaper if the car is nothing more than an old banger. Always remember that while you can get a good bargain when it comes to buying your used car privately you won’t have any warranty as such as you would get from a used car dealer. So usually you will buy the car “as seen” and this is the risk you take for saving a couple of hundred pounds or more on the car. Whichever way you choose to go to buy your used car with a little common sense and by following the tips for buying a used car outlined above you can grab yourself a great bargain.

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