Secrets of car resale value #car #sale #websites


#value of cars
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What factors affect car resale value?

Buying a car that holds value

By Jean Chatzky

Increasing your car’s resale value begins when you buy the “right” car in the first place, according to Mark Scott, a senior manager at AutoTrader.com, in Atlanta.

Resale value should be a top consideration for anyone who wants to buy a new car with some regularity. “If you want to trade in your car every two or three years, you should worry about resale value,” he says.

Depreciation is the major equity killer in vehicle ownership. Philip Reed, senior consumer advice editor at Edmunds.com, says, “Within its first year, a vehicle loses about 30 percent of its value. After three years of a car’s life, depending on the car, it may have depreciated 50 percent.”

What steps can a consumer take to minimize the effects of depreciation and maximize car resale value?

Reed says that historically some brands and models simply hold their value better than others. Consumers can spot cars with higher resale value because carmakers brag about the ones with good depreciation records, he says.

What affects car resale value?

According to Scott, beyond choosing a vehicle with a solid history of lower rates of depreciation, there are a number of other decisions a consumer makes, either when buying the car new or when selling it in the future, that can increase the car resale value.

Geography. Body styles tend to be geographic. Demand for a particular car varies in different parts of the country. You should think about the popularity of certain vehicles in your area when buying new if you are going to later sell it locally. For example, there will be less demand for a used pickup in Miami than in Dallas. “A pickup won’t hold value in Miami like a convertible will,” Scott says. “But that two-seater convertible isn’t very practical and won’t retain its value in Michigan.”

Climate. If you are going to sell a vehicle with four-wheel or all-wheel drive, it will have more value in colder areas such as the Northeast. Moreover, all-wheel drive will be more in demand in the winter than in the summer. The opposite is true of convertibles, Reed says.

Color. Stick to standard colors and steer clear of fad colors. “You may see a fun, trendy color that’s hot at the moment, but five years from now it will be like, ‘What were you thinking?'” Scott says.

Upgrades and options. Not all upgrades are created equal. Certain equipment options will add to the car’s resale value while some pricey options won’t. “Spending $500 on an upgraded stereo will mean a lot to you, but four or five years from now it won’t bring you any extra money when you sell or trade in,” Scott says.

There is more demand for automatic transmissions than manual ones. Reed says that sunroofs, CD changers and leather seats have historically added value to a car. An example of an expensive option that doesn’t contribute to a car’s resale value is a navigation system, Reed says.


Secrets to Deep Discounts for Rental Cars Come With Membership #car #tuning


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Secrets to Deep Discounts for Rental Cars Come With Membership


Hidden secrets about Importing a car from JAPAN! #cars #for #sale #by #owner


#import cars from japan
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Hidden secrets about Importing a car from JAPAN.

19 April 2007

Well we all seen Jap Imports on the road in some palce or another, they are taking over the car market and why should’nt they.

Jap Cars are more reliable, have higher spec’s, well looked after and have a lot of life in them (low miles)

Well if you were thinking about importing a vehicle then wait and read this guide which includes hiden dangers of importing a vehicle.

Did you know you must pay TAX VAT when a vehicle arrives in the uk from Japan first you need to pay 17.5% of the cars price you purchased it for, then you must pay a varied fee of around 12% Tax of the price of the vehicle + you have to add the 17.5% VAT on to the cars value and then work out 12% of that. Crazy isn’t it.

  1. Wait it gets even more crazy! If your car is under 10 years old you must get it SVA’d which is normal to test if the car is road worthy, HOWEVER if you import a rare car, for example a one off then you need to pay to creat a report for the car before it is SVA’d which i got a quote for a 2005 Mazda RX-8 report for 3000 from customs and exiles.
  1. Think this is crazy yet. nope it get’s worse, well i am sure the UK has a lot of bangers around without alarms etc. If your car does not have some sort of alarm you must by law get one and get it fitted.
  1. Well now we know why dealers charge a bit extra. Howevr they do save a lot of money as most garages have their own mechnic which can sva all the cars and they can claim VAT back saving them a lot fo money unlike private people importing cars.
  1. Although the costs are a bit more, it is much more easy and hassel free to buy a JAP IMPORT that has already been imported into the UK.

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Hidden secrets about Importing a car from JAPAN! #vehicle #reviews


#import cars from japan
#

Hidden secrets about Importing a car from JAPAN.

19 April 2007

Well we all seen Jap Imports on the road in some palce or another, they are taking over the car market and why should’nt they.

Jap Cars are more reliable, have higher spec’s, well looked after and have a lot of life in them (low miles)

Well if you were thinking about importing a vehicle then wait and read this guide which includes hiden dangers of importing a vehicle.

Did you know you must pay TAX VAT when a vehicle arrives in the uk from Japan first you need to pay 17.5% of the cars price you purchased it for, then you must pay a varied fee of around 12% Tax of the price of the vehicle + you have to add the 17.5% VAT on to the cars value and then work out 12% of that. Crazy isn’t it.

  1. Wait it gets even more crazy! If your car is under 10 years old you must get it SVA’d which is normal to test if the car is road worthy, HOWEVER if you import a rare car, for example a one off then you need to pay to creat a report for the car before it is SVA’d which i got a quote for a 2005 Mazda RX-8 report for 3000 from customs and exiles.
  1. Think this is crazy yet. nope it get’s worse, well i am sure the UK has a lot of bangers around without alarms etc. If your car does not have some sort of alarm you must by law get one and get it fitted.
  1. Well now we know why dealers charge a bit extra. Howevr they do save a lot of money as most garages have their own mechnic which can sva all the cars and they can claim VAT back saving them a lot fo money unlike private people importing cars.
  1. Although the costs are a bit more, it is much more easy and hassel free to buy a JAP IMPORT that has already been imported into the UK.

Hidden secrets about Importing a car from JAPAN! #search #for #cars


#import cars from japan
#

Hidden secrets about Importing a car from JAPAN.

19 April 2007

Well we all seen Jap Imports on the road in some palce or another, they are taking over the car market and why should’nt they.

Jap Cars are more reliable, have higher spec’s, well looked after and have a lot of life in them (low miles)

Well if you were thinking about importing a vehicle then wait and read this guide which includes hiden dangers of importing a vehicle.

Did you know you must pay TAX VAT when a vehicle arrives in the uk from Japan first you need to pay 17.5% of the cars price you purchased it for, then you must pay a varied fee of around 12% Tax of the price of the vehicle + you have to add the 17.5% VAT on to the cars value and then work out 12% of that. Crazy isn’t it.

  1. Wait it gets even more crazy! If your car is under 10 years old you must get it SVA’d which is normal to test if the car is road worthy, HOWEVER if you import a rare car, for example a one off then you need to pay to creat a report for the car before it is SVA’d which i got a quote for a 2005 Mazda RX-8 report for 3000 from customs and exiles.
  1. Think this is crazy yet. nope it get’s worse, well i am sure the UK has a lot of bangers around without alarms etc. If your car does not have some sort of alarm you must by law get one and get it fitted.
  1. Well now we know why dealers charge a bit extra. Howevr they do save a lot of money as most garages have their own mechnic which can sva all the cars and they can claim VAT back saving them a lot fo money unlike private people importing cars.
  1. Although the costs are a bit more, it is much more easy and hassel free to buy a JAP IMPORT that has already been imported into the UK.

Inside Secrets About Trading-In Your Car #design #a #car


#trade cars
#

Inside Secrets About Trading-In Your Car

Consumer advocate, former car salesman

You’re buying a new car or truck! But what are you going to do with the vehicle you currently own? If you’re like many folks, you probably think that the best option is to simply trade it in to the dealership. If so, you may want to think again. Here’s the inside truth of what happens when you trade-in a vehicle:

First, the dealership’s Used Car Manager will appraise your car. And he’ll probably appraise it at a value that may be hundreds, maybe even thousands, of dollars below the actual market value. But you may not ever see that appraisal amount. That’s because the amount that the car salesman may tell you could be even lower than that.

If you accept his super-low offer, then the dealership has made a hefty profit and the salesman has made a nice commission since your car is worth more. Car salesmen call this “stealing from the trade” and it’s a common ploy.

However if you try to negotiate his low trade-in offer, then he’s got you where he wants you. Now you’re negotiating on two figures: the value of your trade-in and the selling price of the new vehicle you’re buying. If the salesman is also talking to you about your monthly payments and down payment, then he’s got you negotiating on four figures. The more numbers you talk about, the more they can confuse you. It doesn’t matter how sharp you are because the Sales Manager has the computer at his fingertips. He can jumble the numbers around any way he wants. It’s very much like the old shell game at the carnival.

So if you don’t trade-in your car, what are your options? You have four good choices:

1. Sell your car on your own.

Selling your car on your own is absolutely the best way to get the most money for it. And getting the most money for your car can be especially important if you still owe money on it to a bank or credit union. If you do owe, call the bank or financial institution and ask for the “pay-off” price — the amount you’ll have to pay to own the car outright.

To determine how much to ask for your car, visit the NADA Guides and/or Kelley Blue Book websites to get the current retail selling price for your vehicle. When figuring the value of your car, be sure to include all of the options and the accurate mileage. And since the true value of used cars is heavily influenced by supply-and-demand in the local marketplace, you should also check the classified ads in your local newspapers to see what others are asking for similar vehicles in your area.

Once you’ve determined how much to ask for your car, place a classified ad in the local newspaperor or online at websites such as craigslist . Then be prepared to show the car to prospective buyers. If you plan your “big sale” by having the car clean and ready to go and having the necessary paperwork on hand, you may be able to sell your car quickly. It can be a lot easier than you think.

2. Let a consignment dealer sell it for you.

There are used car lots that will sell your vehicle for you, taking a percentage for their trouble. If you don’t want to sell your car on your own, this may be an easy option. Look in your local phone book under “Automobile Dealers–Used” and then call around to the various dealers to see which ones are willing to sell your car on consignment. If you do assign your car to a lot to be sold, be sure to get the agreement in writing.

3. Sell your car directly to a used car lot.

Simply drive in to any used car lot or the used car department of any dealership and ask them how much they’ll give you for your car. The amount they offer may be well below the current Kelley Blue Book trade-in value. (Their offer will probably be about the same as you would get if you traded the car in to the dealership. However, doing it this way saves you the trade-in games.) If you do choose to sell your car directly to a used car lot, be sure to get appraisals from several different lots, then take the best offer. Selling your car to a used car lot won’t make you a lot of money, but it’s certainly quick and easy.

4. Donate your car to charity.

Donating your car to a charitable organization is a great way to do some real good for your community – and to get the benefits of a tax deduction at the same time. (Please note that recent changes in tax laws have restricted the amount you can deduct when donating your car to charity. Still, it’s worth looking into.) To donate your vehicle, call your favorite charity and tell them you’d like to give them your car. In return, they’ll give you a receipt – and their thanks. For more info about donating, visit the America’s Car Donation Charities Center website.

Trade-In Tips

If you still want to trade-in your car to the dealership, be sure to get at least a few appraisals from used car lots beforehand. That will give you a helpful guideline for negotiating. And no matter what you choose to do with your trade-in, remember to clean your car inside and out. A clean vehicle impresses even the most jaded car professionals. And that means more money in your pocket.

Avoid the dealership games! Get a free price quote. Click here.

Hot Secrets


Secrets to Deep Discounts for Rental Cars Come With Membership #car #for #rent


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Secrets to Deep Discounts for Rental Cars Come With Membership