Category: Auto Buying

24/02/2020
Auto Buying

Key Pointers When Selling Your Vintage Car

You have your own valid reasons why you are selling your vintage car. You may need funding for a house improvement project, or you need to buy a new service car to replace your old car, which you have been using for almost all your life. While vintage cars are good investments, it is logical to part with them when some needs arise, like paying your children’s college education or paying hospital bills.

Selling your vintage car can give you reprieve from your financial crises. You can also fund other investments from the proceeds because some old cars can command high prices. To ensure that you get the most from selling your vintage car, here are some essential tips.

Look for a Reputable Buyer

vintage carPosting ads in your social media accounts can help you find the right buyer. You can also search for companies that buy vintage and used cars. Some car buyers may be particular about what type of vehicles they buy. It pays to look for a sports car buyer if you have a sports car. Other car buyers may not be interested in sports cars so that they may price your car way below its value.

A reputable car buyer is trusted by many. You can establish a car buyer’s reputation by looking at the immensity of his collection of vintage cars. You can also check on customer reviews.

Prep Your Car

If you just used your car to a picnic in the mountains, better go for a thorough car wash before a test drive to be conducted by the buyer. You should do all the necessary jobs to let your vehicle look good, like removing old car seat covers, dirty car mats, and all your personal stuff inside your car before the initial check-up. Fixing some defects can also give your vehicle a boost. Inspect the side mirrors, wipes, and door handles if they are working.

Be sure to inspect the engine before a scheduled test drive. Nothing beats when a smooth cruise is experienced during the first test drive.

Relevant Records Should be in Place

Documents such as repair records are essential when selling vintage cars. You will be asked where and when you had the repairs and who did the repairs. For some car brands, there are a few registered repair shops that can do even the slightest repair on their cars.

Be Honest

pink vintage carIt is best to be honest when selling a used car. You can admit the defects that your vehicle has instead of telling otherwise. The buyer will surely check it anyway. Point out the flaws and try to negotiate for a higher price.…

20/10/2017
Auto Buying

Auto Tips: How to Buy a New Car With Ease

Buying a new car can be a painful undertaking especially for first-time owners. The biggest concern for car buyers is usually whether they will be getting value for money. This is an important consideration given that the car market is one of the markets synonymous with fraud. Buying a car is a key investment and should, therefore, be done carefully. The following guide should help you buy a car with ease and escape many of the challenges that car buyers face.

Do your homework on the Internet

Car buyingThe Internet is an ideal place to find important information about cars before deciding on the vehicle to buy. Get on websites that offer information about different models of cars to learn about car features, prices, and the challenges that one is likely to experience by buying a particular car model.

Doing your homework before contacting the seller will also ensure that you are not offered misleading information. Remember that the key objective for most car dealers is to sell, even if this means giving customers a raw deal. Being armed with information improves your negotiating position and ensures that you get value for money.

Understand what you need to accomplish with the car

Buying a car that does not match your needs is a common mistake that most first-time car buyers make. Understanding what you need to accomplish with the car will help you decide fast on the car model to buy. For instance, if you need a family car, it is necessary to go for a car that has enough space to accommodate the whole family. Once you understand your car needs, then it becomes easier to make a purchasing decision because the scope of your search is narrowed.

Arrange for financing in advance

Getting a pre-approved loan will ensure that you gain ownership of the car immediately after agreeing to terms with the seller. Financiers and insurers are likely to want to exploit you financially when you approach them after you’ve settled on the car that you want to purchase.

Getting a pre-approved loan allows you to negotiate for credit terms that are favorable. The financiers will realize that you are not pressed for time and are, therefore, likely to offer you better loan terms to prevent you from moving to the competition. A pre-approved loan will also ensure that you have an estimate of the amount of money that you want to spend on the new car. This narrows down your choices and helps you to make a decision fast.

Seek the services of a car expert

Let a car expert help you decide if you are not knowledgeable about cars. Ensure that the expert that you choose is someone that you trust and has no conflict of interest in the impending transaction. You might take a lot of time to arrive at the final decision due to the need to have all the relevant information before making the purchase. However, a car expert will help you make a final decision within a short time.

These tips will help you buy a new car with ease and ensure that you get value for money.…