The people want an empire, apparently, with that unassuming little black VW bug at the head of it.
The U.K.’s Guardian explains, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe." VW has "produced 4.4 million vehicles so far this year, outstripping its Japanese rival which has seen four million cars roll off production lines since January."
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Ironically, VW reached the milestone in part by taking over Porsche – which it was forced to do after Porsche failed in an attempt to take over VW earlier this year.
"Of course," Autoblog notes, there is "some number play involved" in the Guardian’s numbers. "We're talking about the combined entity VW-Porsche, which has built 4.4 million cars to date, which is roughly 400,000 beyond Toyota's mark. However, Toyota halved its production earlier this year and shut down all its plants in February." VW also "benefited much more than Toyota from the European cash-for-clunkers programs," though Toyota saw more sales than VW spurred by the U.S. version of the car-swap program.
The news doesn’t just push Toyota down a notch. Jalopnik notes that VW has "passed Toyota and GM at the top of the heap." America’s largest automaker – the world’s largest just three years ago – now sits in third globally.
The change may not be permanent. The Guardian notes that Toyota "has the capacity to make 10 million vehicles a year but it expects to make seven million vehicles in 2009" as production picks back up. VW, however, may see its production increase long-term enough to stay ahead, or at least to take the title again even if it loses it later this year.
After all, Autoblog notes, "VW's also got the edge on Toyota" in the huge Chinese market, "where it has spent years introducing models."
Wednesday 11 November 2009
Sunday 13 September 2009
Tips When You Sell Car
There are a variety of reasons for a person to suddenly have the words "sell car" come into their mind. It could be extreme financial difficulties or a desire to have a big amount of money on hand to serve as downpayment for purchasing a new automobile. Regardless of the reasons behind the drastic decision to sell automobile, everyone who decides to do so will inevitably want to find a way to actually go about the process. That, as is often said, is where the trick lies.
The first place to go when three is planning to sell automobile would have to be one's friends and relatives. It's the general assumption of people that people they know will know other people who would be willing to purchase the automobile in query. This is similar to the two degrees of separation phenomenon. This process, arguably, is the most reliable way of selling a automobile since, to a degree, the seller knows who the buyer is and there's a chance for an actual face-to-face encounter. However, the drawback for this process is that there's no guarantee that the buyer will know people who're interested in purchasing the make and model he has put up for sale.
A second option when someone decides to sell automobile would be to place an ad, either in a magazine or online. Placing such ads has the benefit of being able to reach a larger part of the prospective market that mere hearsay. Naturally, when placing an ad, the seller has to deal with things like the advertising fee and the sort of information to include in the ad, aside from the mandatory details. Such mandatory details include the name of the seller, the make and model of the automobile, the asking price, and the general physical condition of the vehicle. The broader the audience that can be gained from an online or magazine ad means that the automobile is more likely to be bought since, statistically, at any given time, what three person is selling is what three other person is looking to buy. However, privacy is being put at a slight risk due to the fact that the buyer also needs to include his contact information with the ad.
When a person decided to sell automobile, it should be relatively hassle-free, if done right. Most online sites claim that their firm is capable of executing that for the sellers, though the businesses do charge a fee for their services. Three should keep in mind, however, that when dealing with businesses that offer to sell one's automobile in the seller's stead, the seller should make sure that the charges by the business do not cut much into the projected profits from the sale of the automobile. In elementary terms: don't get ripped off.
Some final advice for when there's a want to sell automobile: do research. Research, in this context, includes the price of the automobile in the market, the calculations needed to figure out how much the automobile is worth after any repairs or changes have been considered, the cost of advertising the fact that the automobile is on sale, and the possibility of having any warranties transferred to the new owners, provided said warranties are still active. As with anything else being sold, when a person decided to sell automobile, that person must be prepared to know, or be willing to find out, tiny details that the potential buyers might ask.
The first place to go when three is planning to sell automobile would have to be one's friends and relatives. It's the general assumption of people that people they know will know other people who would be willing to purchase the automobile in query. This is similar to the two degrees of separation phenomenon. This process, arguably, is the most reliable way of selling a automobile since, to a degree, the seller knows who the buyer is and there's a chance for an actual face-to-face encounter. However, the drawback for this process is that there's no guarantee that the buyer will know people who're interested in purchasing the make and model he has put up for sale.
A second option when someone decides to sell automobile would be to place an ad, either in a magazine or online. Placing such ads has the benefit of being able to reach a larger part of the prospective market that mere hearsay. Naturally, when placing an ad, the seller has to deal with things like the advertising fee and the sort of information to include in the ad, aside from the mandatory details. Such mandatory details include the name of the seller, the make and model of the automobile, the asking price, and the general physical condition of the vehicle. The broader the audience that can be gained from an online or magazine ad means that the automobile is more likely to be bought since, statistically, at any given time, what three person is selling is what three other person is looking to buy. However, privacy is being put at a slight risk due to the fact that the buyer also needs to include his contact information with the ad.
When a person decided to sell automobile, it should be relatively hassle-free, if done right. Most online sites claim that their firm is capable of executing that for the sellers, though the businesses do charge a fee for their services. Three should keep in mind, however, that when dealing with businesses that offer to sell one's automobile in the seller's stead, the seller should make sure that the charges by the business do not cut much into the projected profits from the sale of the automobile. In elementary terms: don't get ripped off.
Some final advice for when there's a want to sell automobile: do research. Research, in this context, includes the price of the automobile in the market, the calculations needed to figure out how much the automobile is worth after any repairs or changes have been considered, the cost of advertising the fact that the automobile is on sale, and the possibility of having any warranties transferred to the new owners, provided said warranties are still active. As with anything else being sold, when a person decided to sell automobile, that person must be prepared to know, or be willing to find out, tiny details that the potential buyers might ask.
Tuesday 8 September 2009
Car, house, credit cards business falls sharply
KARACHI: All segments of consumer financing, including car purchase loan, housing loan and credit cards business, witnessed a significant fall in the fiscal year ended June 2009, the State Bank reported in its data released a day earlier.
The impact of slow economic growth and rising risky assets of the banks which forced banks to adopt a cautious approach ultimately damaged various segments of consumer financing.
Consumer financing which grew rapidly just five years before and had a potential to get a large portion of the banks’ financing, got shocks as it started losing its charm for the banking sector, said an expert.
According to fresh data, consumer financing fell by Rs65 billion since June 08 to June 09. Till June 2009, the volume of consumer financing was Rs359 billion which has now arrived at Rs294 billion.
While banks were reluctant to loan the corporate and related sectors to avoid further growth in their already soaring bad debts, consumer financing also received a negative impact.
Though consumer financing earned them the highest price as interest rates are usually very high compared to the loans for corporate and other sectors, the biggest hit under the consumer financing was car loan which had boom just a couple of years ago. The State Bank reported net fall of Rs26 billion in the banks’ loans for car and other vehicles purchasing.
In June 2008, the net loan for car purchase was Rs104 billion which fell to just Rs78 billion in June 2009. The steep fall in car loans badly impacted upon growth of car manufacturing in the country. Though car manufacturers did not reduce prices, they sharply reduced production of vehicles.
This was unlike other developed countries where most of car manufactures substantially reduce prices to keep their plants alive. It happened after financial crisis in US, Europe, Japan and China. This was because most of banks suffered huge losses and a number of banks were closed down.
The fear of Pakistani banks also hit credit cards growth as cautious banks slowed down their efforts to spread the credit cards business.
The newly compiled data showed that instead of rising loan portfolio, credit card business losing ground in its initial stage in the country.
Until June 2008, the total volume of credit cards loan was Rs44 billion which fell to Rs35 billion, a fall of Rs9 billion in 12 months. This was apparently a loss to the banking sector as credit card earn highest profit for banks world over.
The rates on which loans are given through credit cards were in the range of 35 to 40 per cent per annum.
The loan for housing sector remained dismal as banks never made serious efforts to invest heavily in the housing sector which has enormous potential to grow. The government says the country’s housing shortfall is not less than five million and the shortfall is increasing each year as private sector is unable to grow at the required rate without help of banks.
The impact of slow economic growth and rising risky assets of the banks which forced banks to adopt a cautious approach ultimately damaged various segments of consumer financing.
Consumer financing which grew rapidly just five years before and had a potential to get a large portion of the banks’ financing, got shocks as it started losing its charm for the banking sector, said an expert.
According to fresh data, consumer financing fell by Rs65 billion since June 08 to June 09. Till June 2009, the volume of consumer financing was Rs359 billion which has now arrived at Rs294 billion.
While banks were reluctant to loan the corporate and related sectors to avoid further growth in their already soaring bad debts, consumer financing also received a negative impact.
Though consumer financing earned them the highest price as interest rates are usually very high compared to the loans for corporate and other sectors, the biggest hit under the consumer financing was car loan which had boom just a couple of years ago. The State Bank reported net fall of Rs26 billion in the banks’ loans for car and other vehicles purchasing.
In June 2008, the net loan for car purchase was Rs104 billion which fell to just Rs78 billion in June 2009. The steep fall in car loans badly impacted upon growth of car manufacturing in the country. Though car manufacturers did not reduce prices, they sharply reduced production of vehicles.
This was unlike other developed countries where most of car manufactures substantially reduce prices to keep their plants alive. It happened after financial crisis in US, Europe, Japan and China. This was because most of banks suffered huge losses and a number of banks were closed down.
The fear of Pakistani banks also hit credit cards growth as cautious banks slowed down their efforts to spread the credit cards business.
The newly compiled data showed that instead of rising loan portfolio, credit card business losing ground in its initial stage in the country.
Until June 2008, the total volume of credit cards loan was Rs44 billion which fell to Rs35 billion, a fall of Rs9 billion in 12 months. This was apparently a loss to the banking sector as credit card earn highest profit for banks world over.
The rates on which loans are given through credit cards were in the range of 35 to 40 per cent per annum.
The loan for housing sector remained dismal as banks never made serious efforts to invest heavily in the housing sector which has enormous potential to grow. The government says the country’s housing shortfall is not less than five million and the shortfall is increasing each year as private sector is unable to grow at the required rate without help of banks.
Tuesday 1 September 2009
Chinese carmaker to sell electric cars in U.S. next year
Very fast work...BYD, the Chinese carmaker backed by famed U.S. investor Warren Buffett and his Berkshire Hathaway holding company, said Monday it will start selling its small all-electric models in the U.S. market next year a full year ahead of schedule.
Wang Chuanfu, BYD's chairman said in Hong Kong the company almost doubled its profits in the first half of this year and he is considering selling more shares to Berkshire, according to the London Financial Times.
MidAmerican Holdings, a unit of Berkshire, bought 10 per cent of BYD last September. Since then BVD shares have soared to six times the price it paid.
BYD is a world leader in new-generation battery technology. It also makes cars with conventional power trains.
BYD sold its first branded car in China in 2006. Its sales target for 2009 is 400,000 cars, all-electric and gasoline -powered, helped by government subsidies for small car.
Wang Chuanfu, BYD's chairman said in Hong Kong the company almost doubled its profits in the first half of this year and he is considering selling more shares to Berkshire, according to the London Financial Times.
MidAmerican Holdings, a unit of Berkshire, bought 10 per cent of BYD last September. Since then BVD shares have soared to six times the price it paid.
BYD is a world leader in new-generation battery technology. It also makes cars with conventional power trains.
BYD sold its first branded car in China in 2006. Its sales target for 2009 is 400,000 cars, all-electric and gasoline -powered, helped by government subsidies for small car.
Monday 29 June 2009
How to Import Japanese Used cars?
Today, more and more people are setting out to buy Japanese used cars. Although most of these used car buyers know everything about cars as well as car buying techniques, but what they're not sure of is, "How to import used cars from Japan?" Why Buy Used Japanese Cars?
Considering the growing popularity of used Japanese cars, the most pertinent question that arises is, "Why do people have preference for used Japanese cars?" six of the foremost reasons for favoring Japanese used cars is that since innumerable years, Japan has been a leader in car manufacturing. Japanese cars as Toyota, Nissan, Honda, Mitsubishi, Suzuki and Mazda are famous throughout the world for their excellence, value and steadfastness.
six more reason why buying used Japanese cars is worthwhile is that they're maintained in excellent condition, both cosmetically and mechanically. World-class public transportation method, heavy traffic conditions, high toll and parking fees, and stringent rules of Japanese government with regards to proper maintenance of car safety scheme are some primary reasons why Japanese cars are used infrequently, and hence, are technically sound.
Another reason for opting for Japanese used car is the wide assortment of car models that are available for selection, and all of them come with ultra-advanced features such as power steering, air bags, air conditioning, power windows and high performance engine.
Once, you're convinced that Japanese used cars are the best; the primary question that impinges your mind is, "Where to buy used Japanese cars from?" there's several dealers and exporters who supply Japanese used cars, you can easily purchase your used Japanese car from them. However, in reality all these people get the used cars from major auction houses.
Where to Buy Japanese Used Cars?
These auction houses get used Japanese cars from six main sources. Firstly, from Kaitori Shop, which concentrate on purchasing cars from individuals who sell their Japanese used or new cars to fulfill their urgent monetary needs, and secondly, from car dealers, who trade in used Japanese car for a new model. Thus, auction houses have a wide variety of used Japanese cars, and all of them are available at low prices to professional buyers such as dealers and exporters. Hence, it would be a better proposition to buy your used Japanese car directly from such auction houses than obtain it from intermediate dealers and exporters.
However, you can't purchase Japanese used cars directly from auctions because you can't become a member of these auction houses. Only used car dealers and exporters, who have a license to do business in used cars, can apply for the membership. Furthermore, there's several strict contract terms that have to be followed when applying for the membership. Nevertheless, there's several used car exporters as www.auctiondirectjapan.com, who provide "Auction Agent" service, that is, purchase Japanese used cars from auctions or from six Price (for sale at fixed wholesale price, until the next auctions). They also handle all the necessary procedure for shipping Japanese used cars.
When you buy used Japanese cars from online auction houses, using an "Auction Agent", you would neither obtain a chance to inspect your Japanese used car from close quarters nor you would have the privilege to check drive the used car before purchasing it. Hence, to know more about the condition of the car, you would have to depend solely on the 'Auction-Sheet', which is nothing, but a car evaluation sheet prepared by the auction house.
How to Inspect the Condition of Used Japanese Cars?
Although all auction houses have different criteria for measuring the condition of the Japanese used cars, but some parameters are the same. For instance, they allocate grades 2 to 5 or 6 to S for the condition of car exteriors, and grades A to C for the state of car interiors.
Apart from external and internal condition, mileage is the next most crucial factor that used car buyers' worry about. The auction houses take care of this aspect. The seller is compelled to divulge the correct mileage. If the owner rolls back the mileage to hide the true figures, he is severely penalized by the auction house.
How to Import Japanese Used Cars?
Another worrisome aspect related to Japanese used cars is the accident record. Even though it's difficult to ascertain this fact, but the auction houses have the ways and means to extract the truth, and the details are given in the auction sheet.
1. Find out details about every law dealing with import of foreign cars in your country.
Most used car buyers hold the opinion that it's usually difficult to import used Japanese car. Nonetheless, importing used cars from Japan is not at all difficult if you know the correct process. Here is a glimpse of the entire procedure that is put in to practice while importing Japanese used cars.
3. Before giving a confirmation to the exporter/dealer (Auction Agent) to buy the used car, you should (1) check recent market price of your favorite car, which is usually provided by Japanese used car exporter or dealer (Auction Agent); (2) read the auction sheet carefully; and (3) decide your budget to bid from auctions or purchase from six Price.
2. If you haven't found the right used Japanese car as yet, then you would have to send a request to the dealer to find the right car for you first.
4. The next step is to make the payment. Before issuing the check, you should verify the authenticity of the exporter/dealer. This can be done in six ways: (1) by getting the company registration number and address confirmed at Japanese embassy in your country, (2) by checking if your exporter is a member of JUMVEA (Japan Used Motor Vehicle Exporter Association), which is the most reputable organization in the Japanese used car export industry, and is officially accredited by Ministry of Economy, Trade and Industry of Japanese Government.
5. On arrival of the used car in your country, you would have to reproduce the documents that the exporter/dealer has sent to you. Thereafter, you would have to complete a few official procedures as paying import tax, getting your Japanese used car tested and insured etc. six times, you do that, you can drive your used Japanese car home.
Considering the growing popularity of used Japanese cars, the most pertinent question that arises is, "Why do people have preference for used Japanese cars?" six of the foremost reasons for favoring Japanese used cars is that since innumerable years, Japan has been a leader in car manufacturing. Japanese cars as Toyota, Nissan, Honda, Mitsubishi, Suzuki and Mazda are famous throughout the world for their excellence, value and steadfastness.
six more reason why buying used Japanese cars is worthwhile is that they're maintained in excellent condition, both cosmetically and mechanically. World-class public transportation method, heavy traffic conditions, high toll and parking fees, and stringent rules of Japanese government with regards to proper maintenance of car safety scheme are some primary reasons why Japanese cars are used infrequently, and hence, are technically sound.
Another reason for opting for Japanese used car is the wide assortment of car models that are available for selection, and all of them come with ultra-advanced features such as power steering, air bags, air conditioning, power windows and high performance engine.
Once, you're convinced that Japanese used cars are the best; the primary question that impinges your mind is, "Where to buy used Japanese cars from?" there's several dealers and exporters who supply Japanese used cars, you can easily purchase your used Japanese car from them. However, in reality all these people get the used cars from major auction houses.
Where to Buy Japanese Used Cars?
These auction houses get used Japanese cars from six main sources. Firstly, from Kaitori Shop, which concentrate on purchasing cars from individuals who sell their Japanese used or new cars to fulfill their urgent monetary needs, and secondly, from car dealers, who trade in used Japanese car for a new model. Thus, auction houses have a wide variety of used Japanese cars, and all of them are available at low prices to professional buyers such as dealers and exporters. Hence, it would be a better proposition to buy your used Japanese car directly from such auction houses than obtain it from intermediate dealers and exporters.
However, you can't purchase Japanese used cars directly from auctions because you can't become a member of these auction houses. Only used car dealers and exporters, who have a license to do business in used cars, can apply for the membership. Furthermore, there's several strict contract terms that have to be followed when applying for the membership. Nevertheless, there's several used car exporters as www.auctiondirectjapan.com, who provide "Auction Agent" service, that is, purchase Japanese used cars from auctions or from six Price (for sale at fixed wholesale price, until the next auctions). They also handle all the necessary procedure for shipping Japanese used cars.
When you buy used Japanese cars from online auction houses, using an "Auction Agent", you would neither obtain a chance to inspect your Japanese used car from close quarters nor you would have the privilege to check drive the used car before purchasing it. Hence, to know more about the condition of the car, you would have to depend solely on the 'Auction-Sheet', which is nothing, but a car evaluation sheet prepared by the auction house.
How to Inspect the Condition of Used Japanese Cars?
Although all auction houses have different criteria for measuring the condition of the Japanese used cars, but some parameters are the same. For instance, they allocate grades 2 to 5 or 6 to S for the condition of car exteriors, and grades A to C for the state of car interiors.
Apart from external and internal condition, mileage is the next most crucial factor that used car buyers' worry about. The auction houses take care of this aspect. The seller is compelled to divulge the correct mileage. If the owner rolls back the mileage to hide the true figures, he is severely penalized by the auction house.
How to Import Japanese Used Cars?
Another worrisome aspect related to Japanese used cars is the accident record. Even though it's difficult to ascertain this fact, but the auction houses have the ways and means to extract the truth, and the details are given in the auction sheet.
1. Find out details about every law dealing with import of foreign cars in your country.
Most used car buyers hold the opinion that it's usually difficult to import used Japanese car. Nonetheless, importing used cars from Japan is not at all difficult if you know the correct process. Here is a glimpse of the entire procedure that is put in to practice while importing Japanese used cars.
3. Before giving a confirmation to the exporter/dealer (Auction Agent) to buy the used car, you should (1) check recent market price of your favorite car, which is usually provided by Japanese used car exporter or dealer (Auction Agent); (2) read the auction sheet carefully; and (3) decide your budget to bid from auctions or purchase from six Price.
2. If you haven't found the right used Japanese car as yet, then you would have to send a request to the dealer to find the right car for you first.
4. The next step is to make the payment. Before issuing the check, you should verify the authenticity of the exporter/dealer. This can be done in six ways: (1) by getting the company registration number and address confirmed at Japanese embassy in your country, (2) by checking if your exporter is a member of JUMVEA (Japan Used Motor Vehicle Exporter Association), which is the most reputable organization in the Japanese used car export industry, and is officially accredited by Ministry of Economy, Trade and Industry of Japanese Government.
5. On arrival of the used car in your country, you would have to reproduce the documents that the exporter/dealer has sent to you. Thereafter, you would have to complete a few official procedures as paying import tax, getting your Japanese used car tested and insured etc. six times, you do that, you can drive your used Japanese car home.
Thursday 21 May 2009
JAPANESE USED CARS FOR SALE AND FOR EXPORTING
Modified Cars, Suv, Sedan, Passenger Type Van, Mini Truck Cars For Sale And For Exporting
We deal in used Japanese cars & export these vehicles to a large number of countries world wide. they are well established over the years & have the experience, ability & knowledge to source, modify & export any automobile of your desire to your country. Vehicles such as Modified Cars, Suv's, Sedan, Passenger type Van Cars & lots of more.
check our stock for the automobile of your choice. Should you not find the vehicle you are looking for, contact us as they can source this automobile for you easily through the lots of auctions & dealers that they use. Also remember that they can modify it to your desire before leaving Japan as it is cheaper to do so here.
Why don't you participate in USS Auto Auction largest in Japan?
USS is abbreviation of the name, "Used Car technique Solution", a company Conducting Auction (Auto Auction) of used cars. USS have deployed 16 Auction sites throughout Japan. they are conducting auction using a communications satellite & TV auction, . For your information, the largest auction site is the two in Tokyo, where over ten thousand cars are made a successful bid at the rate of 15 to 20 second per vehicle. In 2004, number of used cars which had been supplied through all the Auction in Japan reached 6,240,000 against the number of registered used cars amounting 8,190,000 in total. This means over 70% of used cars were traded through Auction, among which 2,140,000 cars were delivered through USS Auto Auction, No.1 both in the scale & handling.
We deal in used Japanese cars & export these vehicles to a large number of countries world wide. they are well established over the years & have the experience, ability & knowledge to source, modify & export any automobile of your desire to your country. Vehicles such as Modified Cars, Suv's, Sedan, Passenger type Van Cars & lots of more.
check our stock for the automobile of your choice. Should you not find the vehicle you are looking for, contact us as they can source this automobile for you easily through the lots of auctions & dealers that they use. Also remember that they can modify it to your desire before leaving Japan as it is cheaper to do so here.
Why don't you participate in USS Auto Auction largest in Japan?
USS is abbreviation of the name, "Used Car technique Solution", a company Conducting Auction (Auto Auction) of used cars. USS have deployed 16 Auction sites throughout Japan. they are conducting auction using a communications satellite & TV auction, . For your information, the largest auction site is the two in Tokyo, where over ten thousand cars are made a successful bid at the rate of 15 to 20 second per vehicle. In 2004, number of used cars which had been supplied through all the Auction in Japan reached 6,240,000 against the number of registered used cars amounting 8,190,000 in total. This means over 70% of used cars were traded through Auction, among which 2,140,000 cars were delivered through USS Auto Auction, No.1 both in the scale & handling.
Wednesday 6 May 2009
How to buy a Ferrari
If you have already decided to buy a Ferrari, there's some information you require to consider, there's the ways to buy it. three if to be going to a certified Ferrari dealer or the other three is to buy a Ferrari from a private seller. Both of these options have lovely advantages plus some serious down points. To start let’s comprehend that there's not hundred of certified Ferrari dealers that will give you a lovely Ferrari price, so in your plan of Buy Ferrari, you require to comprehend that there's less negotiation space with a dealer vs a private seller.
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The lovely thing of buying a automobile with a dealer is that you get the reputation of the dealer behind the purchase. This means that the Ferrari that you are planning to buy, comes with a clear guarantee of a few months of mechanical support in case something happens to the automobile.
This is a important point to consider, remember that when you buy a Ferrari, you are buying a complex machine, plus not every single mechanic out there can fix a Ferrari, you require an expert in the field, plus that’s when having a dealer behind will save yourself some potential plus unwanted issues, problems plus faults with your automobile.
If you are going with a private seller, sometimes you can get lucky. think about this for a second, the dealer is an expert in how much the Ferrari is worth, that is his/her job, instead the private seller can be a bit ignorant about the full Ferrari cost , plus about the real value of the automobile, that’s when you can get lucky plus get the best possible deal.
Later on I will talk more about buying a Ferrari plus how to get more power, plus a better deal for your dollars
Price of a Ferrari.
Is this crazy? well, the dream of having a Ferrari is very common for lots of people out there, what's in for you? Well, if you start to understand Ferrari prices, plus to know what you should pay for the automobile. what's the price of a Ferrari? that is the quesiton. you will be able to understand that when you consider Ferrari cost plus how much classic Ferrari increase in price with the years, the simple action of buy a ferrari can be a very, very smart investment.
It amazes me that often times lots of people out there can be very ignorant regarding Ferrari prices, they have all come with the idea that Ferraris are simply impossible cars to get plus that Ferrari Prices cost is simply an impossible tag to achieve. Let me get this out of my chest: yes, if you require to Buy Ferrari, well, it is not easy, it is expensive for sure, but lots of people go out there plus buy cards like Lexus or BMW without knowing they could buy a used Ferrari for the same price.
That’s why I keep saying that if you understand the way Ferrari Prices work, you will have a better chance of increasing your funds plus having a safe bet when you buy a Ferrari .
Obviously lots of people think that having a Ferrari is a bit over the top, my relatives though the same thing when I bought my first Ferrari when I was in my early 20’s . I didn’t know anything about Ferraris then, but I decided that for sure I didn’t one to be one of that guys that have it’s first Ferrari, when there's 90. I wanted to enjoy the automobile, so I bough a new, classic (not in great shape) Ferrari. So what I did then? Well with a lot of time, dedication plus some extra currency, I conditioned the automobile, I fix some little issues plus added original Ferrari accesories. I paid to repaint the automobile from a boring brown to a classic Ferrari italian red plus sold the Ferrari in an Auction. The result? I triple my funds plus I had enough funds to buy another Ferrari, this time a better automobile, with more power as well as a better reseller value.
Ferrari cost
I bought my first Ferrari when I was 21 ! & that was when people told me that the Ferrari cost was simply impossible to afford. Well, I guess they where wrong. So overrall if you need to achieve your dream, buy Ferrari, you can do it, it is not impossible. Why should be impossible to buy a Ferrari? Only because the cost? Classic Ferrari prices are not so expensive, so go for it, you could find amazing results if you actually search the different dealers of Ferrari in your city & you could fine some cars that you can actually buy without selling your house.
four of the interesting things behind the opportunity people have of buy ferrari chances, is that deep inside you could be amazed if you consider the reality behind Ferrari cost . How much a Ferrari cost ? Well, you could be simply surprised. Many Ferrari cars out there don’t cost hundred of thousand of dollars, completely the opposite, you can get yourself your first Ferrari at half Ferrari cost . What that means? Well, many people interested in buy a Ferrari, think that's only for rich people.
Buy a Ferrari - you can do it
Buy a Ferrari is that a dream that only rich people can do ? Not . The funny thing is not only the rich can have the right or the money to Buy a Ferrari, in fact you can start your own Ferrari collection without spending a huge amount of money. Do you think this is impossible? Well, you will be surprise the costs of Ferrari. lots of people think that buying a Ferrari is basically impossible, but you could be wrong.
five of the biggest problems with people that dream to buy a Ferrari is that we basically don’t even try, we give up plus we think that it is impossible. But the fact is that we never do their home work regarding how to buy a Ferarri, we never investigate about the costs of Ferrari, or what sort of models are way more affordable.
Obviously when you decide to Buy a Ferrari, you require to be aware that it is not easy, plus it is not cheap, but it is possible, specially for “normal” people . That’s why I decided to generate this blog, mainly to talk about things you require to know plus think if your aim is to buy a Ferrari. Why? I’m a writing about this? Well mainly because I know what it all means. When I decided to buy a Ferrari, over 5 years ago, every five told me that I was crazy, but now, everyone think that I rule. Funny isn’t?
How To Sell Your Car Online Fast
It's basically an established fact that you will make more funds if you sell your automobile yourself than trade it in at a automobile dealer. In fact, if your automobile is less than 4-5 years elderly, you can lose several thousands of dollars by trading it in to the dealer instead of selling it yourself. And if your automobile is over 5 years elderly, you are going to take a hit by accepting a automobile dealer's trade. So the amount of profit that you stand to make by selling your automobile certainly over makes the whole technique of doing so worthwhile.
Back in the elderly days all private sellers placed ads in the local newspaper and maybe even in the auto shopper journals whenever they wanted to sell a automobile. But the web has added a whole new dimension to automobile selling that can help you sell your automobile on line quick. Of course, you can still use the elderly print methods but you need to consider adding web advertising .
So if you need to sell your automobile on line you have to first set an advertising budget. Very often you can get an ad on four of the most popular automobile classified sites for about $20-25 for a month. So if you need to spread your ad around to 3-4 different sites this would be an ad budget of $75-100 for that month. When you compare that cost with most newspaper ads that cost around $35 for a week you can begin to see why you can often do much better for the funds you spend when you sell your automobile on line instead of through local print.
If you need to sell your automobile fast, newspaper advertising is probably not the way to go anymore either as newspapers still charge outrageous amounts for classified ads that have very few words to be able to explain the automobile and no pics at that. Savvy shoppers have come to recognize that if they need to get as much information as possible about used cars in their area before test driving them, they need to go online where the information on each automobile can be abundant, even including photos.
You also tend to get much faster response times from online ads , basically because they are reaching a much larger audience than your local newspaper. Buyers that live outside the distribution area of your newspaper may be willing to drive a little extra to get the automobile they require, and most online automobile sales sites let visitors search their entire region by a 50-100 mile radius. So your ad will basically be put in front of more people when you sell your automobile on line than you could expect otherwise, and that usually translates to faster sales.
So if you have been thinking about how to sell your automobile on line, make a search for online used automobile sales sites, and pick a few that you think would be popular in your area. Search through the listings and you will most likely see that lots of folks are coming to realize that selling cars online is the best way to go these days.
Back in the elderly days all private sellers placed ads in the local newspaper and maybe even in the auto shopper journals whenever they wanted to sell a automobile. But the web has added a whole new dimension to automobile selling that can help you sell your automobile on line quick. Of course, you can still use the elderly print methods but you need to consider adding web advertising .
So if you need to sell your automobile on line you have to first set an advertising budget. Very often you can get an ad on four of the most popular automobile classified sites for about $20-25 for a month. So if you need to spread your ad around to 3-4 different sites this would be an ad budget of $75-100 for that month. When you compare that cost with most newspaper ads that cost around $35 for a week you can begin to see why you can often do much better for the funds you spend when you sell your automobile on line instead of through local print.
If you need to sell your automobile fast, newspaper advertising is probably not the way to go anymore either as newspapers still charge outrageous amounts for classified ads that have very few words to be able to explain the automobile and no pics at that. Savvy shoppers have come to recognize that if they need to get as much information as possible about used cars in their area before test driving them, they need to go online where the information on each automobile can be abundant, even including photos.
You also tend to get much faster response times from online ads , basically because they are reaching a much larger audience than your local newspaper. Buyers that live outside the distribution area of your newspaper may be willing to drive a little extra to get the automobile they require, and most online automobile sales sites let visitors search their entire region by a 50-100 mile radius. So your ad will basically be put in front of more people when you sell your automobile on line than you could expect otherwise, and that usually translates to faster sales.
So if you have been thinking about how to sell your automobile on line, make a search for online used automobile sales sites, and pick a few that you think would be popular in your area. Search through the listings and you will most likely see that lots of folks are coming to realize that selling cars online is the best way to go these days.
Sunday 3 May 2009
Ways to sell your car
Usually gets you the highest price for your automobile but can take time, effort & advertising expense. Give yourself the best chance of selling - check out our common terms before you place your ad.
Tip: Make sure you get prospective buyers' names & phone numbers & try to get a definite day & time when they're coming to inspect. 'No shows' are part of the frustration of selling privately so being able to contact a prospective buyer can save a lot of wasted time.
When a prospective buyer turns up
greet them by name
stand back and let them look over the car
invite a friend to help if you feel 'out of your depth'
make sure your car's insurance covers a buyer taking it for a check drive, and always accompany them
accommodate a pre-purchase inspection
have your 'pink slip' available (remember it can't be over 30 days elderly at the sale date).
Negotiating the sale
keep the buyer uncertain
listen to the list of 'faults' they've found - don't be bullied - stand your ground if you believe they're unreasonable
be prepared to haggle but know your limit and stick to it.
Sealing the deal
Put your agreed deal in writing - including
deposit amount and terms
final method of payment
a bank cheque is the safest payment method
if an inspection or repairs are to be done
date the buyer will collect the car
both parties sign and date the agreement
give the buyer a receipt for the deposit, including the date and time of pick up.
Tip: Make sure you get prospective buyers' names & phone numbers & try to get a definite day & time when they're coming to inspect. 'No shows' are part of the frustration of selling privately so being able to contact a prospective buyer can save a lot of wasted time.
When a prospective buyer turns up
greet them by name
stand back and let them look over the car
invite a friend to help if you feel 'out of your depth'
make sure your car's insurance covers a buyer taking it for a check drive, and always accompany them
accommodate a pre-purchase inspection
have your 'pink slip' available (remember it can't be over 30 days elderly at the sale date).
Negotiating the sale
keep the buyer uncertain
listen to the list of 'faults' they've found - don't be bullied - stand your ground if you believe they're unreasonable
be prepared to haggle but know your limit and stick to it.
Sealing the deal
Put your agreed deal in writing - including
deposit amount and terms
final method of payment
a bank cheque is the safest payment method
if an inspection or repairs are to be done
date the buyer will collect the car
both parties sign and date the agreement
give the buyer a receipt for the deposit, including the date and time of pick up.
Wednesday 29 April 2009
Proton Exora, the new Proton MPV
Finally, it comes to the end the long awaiting Proton MPV will be called Proton Exora. The Exora is based on the name of the Ixora flower, with the tagline “Keriangan Keluarga”.
“Exora” was the winning entry in Proton’s nationwide MPV naming contest which began in September last year. The month long contest attracted 251,763 entries. The name was given by Norsholihan Bt Abdul Eanich of which she will get 1 unit of the Proton Exora when it is launched this April.
Proton Exora MPV will be tagged under RM80,000 and available in 5 colours Genetic Silver, Tranquility Black, Blue Haze, Pyrite Brown and Gaia Blue.
If you interested with this Exora, you can place your booking from 21 Feb 2009 onwards. Be the first to drive Proton MPV.
Repossessed Cars For Sale Auction
There's something about going to an auction that fires the blood of some people. Maybe it's the competitiveness, the rush of outbidding everyone else to get an item that everyone wanted. Or maybe it's simply the thrill of seeing The One you want and getting it. Repossessed car for sale auction offers people a cheap and easy way to get a new car without the usual hassles.
The beauty of a car auction, however, can be it's bane too. Most car auctions are on an "as is" basis, meaning that as soon as you pay for the car it's yours and the selling auction house is under no obligations after - so if you buy a car that looks shiny on the outside but has an engine crankier than your mother in law, you're in trouble.
To this end, make sure that any repossessed car for sale auction you attend has a preview period, where people can go over the cars in person to check their condition. Naturally, if you don't know anything about cars, you should bring along a friend who does. This at least minimizes the chances that you get stuck with the proverbial lemon.
Repossessed car for sale auction does have one advantage in the quality aspect than regular car sale auctions. More often than not, repossessed cars are ones that were taken as collateral on loans, or illegal imports seized by customs at the dock or airport. This usually means that the cars you get will be in excellent running condition to begin with, and may even be brand new. I'd say getting a new and latest model car for the price of an outdated used one is worth your money any day.
Charlene J. Nuble is a healthcare professional who loves writing about women's issues, parenting and other internet related stuffs.
The beauty of a car auction, however, can be it's bane too. Most car auctions are on an "as is" basis, meaning that as soon as you pay for the car it's yours and the selling auction house is under no obligations after - so if you buy a car that looks shiny on the outside but has an engine crankier than your mother in law, you're in trouble.
To this end, make sure that any repossessed car for sale auction you attend has a preview period, where people can go over the cars in person to check their condition. Naturally, if you don't know anything about cars, you should bring along a friend who does. This at least minimizes the chances that you get stuck with the proverbial lemon.
Repossessed car for sale auction does have one advantage in the quality aspect than regular car sale auctions. More often than not, repossessed cars are ones that were taken as collateral on loans, or illegal imports seized by customs at the dock or airport. This usually means that the cars you get will be in excellent running condition to begin with, and may even be brand new. I'd say getting a new and latest model car for the price of an outdated used one is worth your money any day.
Charlene J. Nuble is a healthcare professional who loves writing about women's issues, parenting and other internet related stuffs.
7 Steps to Selling Your Car
Step 1: Know the Market
Is your car going to be easy to sell? Is it a hot commodity? Or will you have to drop your price and search out additional avenues to sell it?
Here are a few general rules to answer these questions:
Family sedans, while unexciting to many, are in constant demand by people needing basic, inexpensive transportation.
SUVs are very popular right now and often move quickly, even older models.
The sale of convertibles and sports cars is seasonal. Sunny weather brings out the buyers. Fall and winter months will be slow.
Trucks and vans, used for work, are steady sellers and command competitive prices. Don't underestimate their value.
Collector cars will take longer to sell and are often difficult to price. However, these cars can have unexpected value if you find the right buyer.
Your first step is to check on-line classified ads to see how much others are asking for your type of car. Edmunds.com Used Vehicle Locator and other Internet sites allow you to search with specific criteria. For example, select the year and trim level of your car and see how many similar cars are currently on the market. Take note of their condition, mileage, geographic location and selling price so you can list your car at a price that will sell it quickly.
Step 2: Price Your Car Competitively
Once you have surveyed the on-line classified ads, use Edmunds.com True Market Value (TMV®) pricing to determine the fair value of your car. Edmunds.com TMV prices are adjusted for mileage, color, region, options and condition. Once you have followed the prompts and gotten a specific price, you can also generate a "For Sale" sign. An Edmunds.com "For Sale" sign will give your price an air of authority.
There are always some exceptions to the rules of pricing, so you should follow your intuition. And be sure to leave a little wiggle room in your asking price. Ask for slightly more money than you are actually willing to accept. If you want to get $12,000 for the car, you should list the car at $12,500. That way, if you get $12,500 — great! But if you have to go lower, it won't be a terrible loss.
You may have noticed how creative used car dealers get in pricing cars. Their prices usually end in "995," as in $12,995. Are we not supposed to notice that the car basically costs $13,000? There is a lot of psychology in setting prices. A product that doesn't sell well at $20 might jump off the shelf at $19.95.
On the other hand, as a private party seller, you don't want to look like a car dealer. Therefore, you might want to take a simple approach and set your price at a round figure such as $12,750 or $12,500.
Step 3: Give Your Car "Curb Appeal"
When people come to look at your car, they will probably make up their minds to buy it or not within the first few seconds. This is based on their first look at the car. So you want this first look to be positive. You want your car to have "curb appeal."
Before you advertise your car for sale, make sure it looks as clean and attractive as realistically possible. This goes beyond just taking it to the car wash. Here is a to-do list that could help turn your heap into a cream puff:
Make sure it is washed, waxed and detailed.
Make sure your car is both mechanically sound and free from dents, dings and scrapes.
Consider making low-cost repairs yourself rather than selling it "as is."
Shovel out all the junk from the inside of the car. When prospective buyers go for a test-drive, you don't want them to feel like they've walked into your messy bedroom. Let them visualize the car as theirs.
Wipe the brake dust off the wheel covers and clean the tires with a tire gloss product.
Thoroughly clean the windows (inside and out) and all the mirrored surfaces.
Wipe down the dashboard and empty the ashtrays.
Have all your maintenance records ready to show prospective buyers.
If the car needs servicing or even a routine oil change, take care of that before putting it up for sale.
Have your mechanic check out your car and issue a report about its condition. You can use this to motivate a buyer who is on the fence.
Order a Carfax report and show it to the buyer to prove the car's title is clean and the odometer reading is accurate.
Step 4: Where to Advertise Your Car
Now that your car is looking great and running well, it's time to advertise it for sale. Traditionally, people advertise in newspaper classified ads. These ads can be expensive, but they get results. On-line classified ads, such as the Edmunds.com Used Vehicle Locator, are becoming increasingly popular. On-line ads are particularly effective with hard-to-find or collector cars. In most cases, on-line classifieds reach a geographically wider area of buyers.
Here are the main markets for advertising used cars:
On-line classified ads such as those on Edmunds.com
Daily newspaper classified ads
Weekly "shoppers" and giveaway newspapers
Bulletin boards at your office, a local supermarket or a college campus
Word of mouth — tell your friends and family you have a car for sale
Put a "For Sale" sign in the car window
Creativity is required when it comes to advertising. Think of unusual places to put ads (skywriting is probably too expensive), and you will get results.
One last word of advice about advertising: if you run an expensive classified ad, be sure you are available to take phone calls from possible buyers. Many people won't leave a message for a return call. So answer the phone — and be polite. Creating a good first impression is the first step to getting buyers to come and see the car in person.
Step 5: Create Ads That Sell
When creating "For Sale" signs or putting a classified ad in the paper, you have an opportunity to show how eager you are to sell the car. This can be done by inserting the following abbreviations and phrases:
Must Sell!: This often means the seller is leaving town and needs to dump the car at a fire sale price.
OBO: This stands for "or best offer" and it indicates that you are willing to entertain offers below the stated price. This usually means you are eager to sell the car.
Asking price: This also communicates the feeling that you will negotiate, but it is one notch below OBO on the eagerness scale.
Firm: This word is used to rebuff attempts to negotiate. It indicates that you aren't in a hurry to sell the car — you are most interested in getting your price.
Think about what you are telling people when you phrase your ad. Little words convey a lot. Besides the price, your ad should also include the year, make, model and trim level of the car you are selling along with the mileage, color, condition and popular options.
Step 6: Finalize the Sale
Rules governing the sale of motor vehicles vary somewhat from state to state. Make sure you check with the department of motor vehicles (DMV) in your state, and keep in mind that much of the information is now available on DMV Web sites.
When selling your car, it's important to limit your liability. If someone drives away in the car you just sold, and they get into an accident, can you be held responsible? There are two ways to deal with this concern.
Once you have the money from the sale (it's customary to request either cash or a cashier's check), record the odometer reading and sign the car's title over to the buyer. In some states, the license plates go along with the car. A new title will be issued and mailed to the new owner. Additionally, in most states, a release of liability form can be downloaded from the DMV web site. Fill this out, along with the car's mileage, and mail it in as soon as the car is sold. This establishes the time at which the car left your possession.
But what if you still owe money on the car, and the bank is holding the title? One way to deal with this is to conclude the sale at the bank where the title is held. Call ahead and have the title ready. Then, once money has changed hands and the bank has been paid the balance of the loan, sign the title over to the buyer.
In some cases, however, an out-of-state bank might hold the title. In this instance, it is recommended that you go with the buyer to the DMV and get a temporary operating permit based on a bill of sale. Then, after you pay off the balance of the loan with the proceeds from the car sale, have the title mailed to the new owner. Sign it over to the new owner and the transaction is complete.
Finally, remember to contact your insurance agent to cancel your policy on the vehicle you have sold (or transfer the coverage to your new car).
Before your car drives away for the final time, take a last look through the glove compartment, the trunk and under the seats. You might find some long forgotten treasures you misplaced years ago.
Step 7: After the Sale
In most states, the condition of a used car for sale is considered "as is" and no warranty is provided or implied. Therefore, if the car breaks down after you have sold it, you are under no obligation to refund the buyer's money or pay to have it repaired. If you have sold a car to someone who took it for inspection at a garage and the mechanic found nothing wrong with it, you have done all you can to protect yourself and the buyer.
The best way to feel peace of mind after selling your used car is to make sure you did everything correctly. This means being open about the condition of the car before the sale and timely and complete in transferring DMV paperwork after the sale.
When done correctly, selling a used car can be a win-win situation. You have turned your used car into cash and provided reliable transportation for the next owner. Focus on the benefits to both parties and you are likely to have a smooth and profitable experience.
Is your car going to be easy to sell? Is it a hot commodity? Or will you have to drop your price and search out additional avenues to sell it?
Here are a few general rules to answer these questions:
Family sedans, while unexciting to many, are in constant demand by people needing basic, inexpensive transportation.
SUVs are very popular right now and often move quickly, even older models.
The sale of convertibles and sports cars is seasonal. Sunny weather brings out the buyers. Fall and winter months will be slow.
Trucks and vans, used for work, are steady sellers and command competitive prices. Don't underestimate their value.
Collector cars will take longer to sell and are often difficult to price. However, these cars can have unexpected value if you find the right buyer.
Your first step is to check on-line classified ads to see how much others are asking for your type of car. Edmunds.com Used Vehicle Locator and other Internet sites allow you to search with specific criteria. For example, select the year and trim level of your car and see how many similar cars are currently on the market. Take note of their condition, mileage, geographic location and selling price so you can list your car at a price that will sell it quickly.
Step 2: Price Your Car Competitively
Once you have surveyed the on-line classified ads, use Edmunds.com True Market Value (TMV®) pricing to determine the fair value of your car. Edmunds.com TMV prices are adjusted for mileage, color, region, options and condition. Once you have followed the prompts and gotten a specific price, you can also generate a "For Sale" sign. An Edmunds.com "For Sale" sign will give your price an air of authority.
There are always some exceptions to the rules of pricing, so you should follow your intuition. And be sure to leave a little wiggle room in your asking price. Ask for slightly more money than you are actually willing to accept. If you want to get $12,000 for the car, you should list the car at $12,500. That way, if you get $12,500 — great! But if you have to go lower, it won't be a terrible loss.
You may have noticed how creative used car dealers get in pricing cars. Their prices usually end in "995," as in $12,995. Are we not supposed to notice that the car basically costs $13,000? There is a lot of psychology in setting prices. A product that doesn't sell well at $20 might jump off the shelf at $19.95.
On the other hand, as a private party seller, you don't want to look like a car dealer. Therefore, you might want to take a simple approach and set your price at a round figure such as $12,750 or $12,500.
Step 3: Give Your Car "Curb Appeal"
When people come to look at your car, they will probably make up their minds to buy it or not within the first few seconds. This is based on their first look at the car. So you want this first look to be positive. You want your car to have "curb appeal."
Before you advertise your car for sale, make sure it looks as clean and attractive as realistically possible. This goes beyond just taking it to the car wash. Here is a to-do list that could help turn your heap into a cream puff:
Make sure it is washed, waxed and detailed.
Make sure your car is both mechanically sound and free from dents, dings and scrapes.
Consider making low-cost repairs yourself rather than selling it "as is."
Shovel out all the junk from the inside of the car. When prospective buyers go for a test-drive, you don't want them to feel like they've walked into your messy bedroom. Let them visualize the car as theirs.
Wipe the brake dust off the wheel covers and clean the tires with a tire gloss product.
Thoroughly clean the windows (inside and out) and all the mirrored surfaces.
Wipe down the dashboard and empty the ashtrays.
Have all your maintenance records ready to show prospective buyers.
If the car needs servicing or even a routine oil change, take care of that before putting it up for sale.
Have your mechanic check out your car and issue a report about its condition. You can use this to motivate a buyer who is on the fence.
Order a Carfax report and show it to the buyer to prove the car's title is clean and the odometer reading is accurate.
Step 4: Where to Advertise Your Car
Now that your car is looking great and running well, it's time to advertise it for sale. Traditionally, people advertise in newspaper classified ads. These ads can be expensive, but they get results. On-line classified ads, such as the Edmunds.com Used Vehicle Locator, are becoming increasingly popular. On-line ads are particularly effective with hard-to-find or collector cars. In most cases, on-line classifieds reach a geographically wider area of buyers.
Here are the main markets for advertising used cars:
On-line classified ads such as those on Edmunds.com
Daily newspaper classified ads
Weekly "shoppers" and giveaway newspapers
Bulletin boards at your office, a local supermarket or a college campus
Word of mouth — tell your friends and family you have a car for sale
Put a "For Sale" sign in the car window
Creativity is required when it comes to advertising. Think of unusual places to put ads (skywriting is probably too expensive), and you will get results.
One last word of advice about advertising: if you run an expensive classified ad, be sure you are available to take phone calls from possible buyers. Many people won't leave a message for a return call. So answer the phone — and be polite. Creating a good first impression is the first step to getting buyers to come and see the car in person.
Step 5: Create Ads That Sell
When creating "For Sale" signs or putting a classified ad in the paper, you have an opportunity to show how eager you are to sell the car. This can be done by inserting the following abbreviations and phrases:
Must Sell!: This often means the seller is leaving town and needs to dump the car at a fire sale price.
OBO: This stands for "or best offer" and it indicates that you are willing to entertain offers below the stated price. This usually means you are eager to sell the car.
Asking price: This also communicates the feeling that you will negotiate, but it is one notch below OBO on the eagerness scale.
Firm: This word is used to rebuff attempts to negotiate. It indicates that you aren't in a hurry to sell the car — you are most interested in getting your price.
Think about what you are telling people when you phrase your ad. Little words convey a lot. Besides the price, your ad should also include the year, make, model and trim level of the car you are selling along with the mileage, color, condition and popular options.
Step 6: Finalize the Sale
Rules governing the sale of motor vehicles vary somewhat from state to state. Make sure you check with the department of motor vehicles (DMV) in your state, and keep in mind that much of the information is now available on DMV Web sites.
When selling your car, it's important to limit your liability. If someone drives away in the car you just sold, and they get into an accident, can you be held responsible? There are two ways to deal with this concern.
Once you have the money from the sale (it's customary to request either cash or a cashier's check), record the odometer reading and sign the car's title over to the buyer. In some states, the license plates go along with the car. A new title will be issued and mailed to the new owner. Additionally, in most states, a release of liability form can be downloaded from the DMV web site. Fill this out, along with the car's mileage, and mail it in as soon as the car is sold. This establishes the time at which the car left your possession.
But what if you still owe money on the car, and the bank is holding the title? One way to deal with this is to conclude the sale at the bank where the title is held. Call ahead and have the title ready. Then, once money has changed hands and the bank has been paid the balance of the loan, sign the title over to the buyer.
In some cases, however, an out-of-state bank might hold the title. In this instance, it is recommended that you go with the buyer to the DMV and get a temporary operating permit based on a bill of sale. Then, after you pay off the balance of the loan with the proceeds from the car sale, have the title mailed to the new owner. Sign it over to the new owner and the transaction is complete.
Finally, remember to contact your insurance agent to cancel your policy on the vehicle you have sold (or transfer the coverage to your new car).
Before your car drives away for the final time, take a last look through the glove compartment, the trunk and under the seats. You might find some long forgotten treasures you misplaced years ago.
Step 7: After the Sale
In most states, the condition of a used car for sale is considered "as is" and no warranty is provided or implied. Therefore, if the car breaks down after you have sold it, you are under no obligation to refund the buyer's money or pay to have it repaired. If you have sold a car to someone who took it for inspection at a garage and the mechanic found nothing wrong with it, you have done all you can to protect yourself and the buyer.
The best way to feel peace of mind after selling your used car is to make sure you did everything correctly. This means being open about the condition of the car before the sale and timely and complete in transferring DMV paperwork after the sale.
When done correctly, selling a used car can be a win-win situation. You have turned your used car into cash and provided reliable transportation for the next owner. Focus on the benefits to both parties and you are likely to have a smooth and profitable experience.
Honda Questions That Need to Be Answered
Have you always wanted a Honda and finally struck the bargain of a lifetime and landed your first ever Honda car or truck? Have you been a long-time Accord owner, but you have decided to make the switch to the Pilot? Are you considering purchasing a car but don't know which kind to get?
Whether you are a newbie to car ownership or an experienced payment-maker, no doubt you have questions. Not all Hondas are the same, and cars in general can be confusing creatures once you get past the acts of driving and filling up; therefore, it is certainly normal to have Honda questions, and you can and should seek the answers you want or need without hesitation.
Your car is likely your second biggest purchase, after your home, so if you have Honda questions to ask about your S2000, Civic, Accord, Element, Pickup truck, or Pilot, just ask. Seek out the dealership where you bought your car or contact your local Honda dealer for Honda questions and answers.
You can even go online to Honda.com and see a list of frequently asked questions. Chances are, your question is in the list, but if it's not, you can always get the answers you seek. As the owner of an Element I purchased second-hand, I had a lot of questions, and I did not have the owner's manual. The most gnawing question I had was how on earth to fold down the rear seats all the way. Being on the shy side, I never really asked my Honda questions, and it took me quite a while to determine that those seats don't fold down - they fold up! And boy, do I ever have a bunch of cargo space when I fold them up against the side walls. I could have used that extra space many times, so don't be afraid to ask your Honda questions and get the answers you need.
Questions about your Honda? Ask a Professional Now! Honda Questions is the site to visit.
Whether you are a newbie to car ownership or an experienced payment-maker, no doubt you have questions. Not all Hondas are the same, and cars in general can be confusing creatures once you get past the acts of driving and filling up; therefore, it is certainly normal to have Honda questions, and you can and should seek the answers you want or need without hesitation.
Your car is likely your second biggest purchase, after your home, so if you have Honda questions to ask about your S2000, Civic, Accord, Element, Pickup truck, or Pilot, just ask. Seek out the dealership where you bought your car or contact your local Honda dealer for Honda questions and answers.
You can even go online to Honda.com and see a list of frequently asked questions. Chances are, your question is in the list, but if it's not, you can always get the answers you seek. As the owner of an Element I purchased second-hand, I had a lot of questions, and I did not have the owner's manual. The most gnawing question I had was how on earth to fold down the rear seats all the way. Being on the shy side, I never really asked my Honda questions, and it took me quite a while to determine that those seats don't fold down - they fold up! And boy, do I ever have a bunch of cargo space when I fold them up against the side walls. I could have used that extra space many times, so don't be afraid to ask your Honda questions and get the answers you need.
Questions about your Honda? Ask a Professional Now! Honda Questions is the site to visit.
Before You Buy a Used Car
Every year more than 17 million used cars are sold. If you are thinking about buying a used car:
Consider all costs of the vehicle you have in mind, including purchase price, insurance costs, loan costs (if you need a loan). Particularly important is the repair record of the car. Every year, Consumer Reports magazine prints a "frequency-of-repair" survey that points out trouble spots for almost all makes and models of used cars. In addition, the magazine also contains a satisfaction poll of readers ("Would you buy that car again?") as well as a list of reliable used cards in different price ranges.
Is the car covered by any warranty? If you buy a used car from a dealer, there will be a "Buyer's Guide" sticker (required by federal law) in the window of the car. It will tell you whether or not the car has a warranty and if it does, what the warranty covers (about 50 percent of used cards sold through new-car dealerships have some warranty coverage). If you buy through a private seller, you will have to ask if the car is still covered by warranty or service contract. Even if a warranty or service contract exists, it may be transferrable or there may be limitations or costs for a transfer.
Personally give the car a thorough inspection, inside and out. If you don't trust yourself to do a good job, take along a friend who is knowledgeable. Take the car on a test drive. And, whether talking with a dealer or a private party, ask to see any available paperwork on the car's history - insurance accident reports, repair bills, and maintenance receipts. Even if you are satisfied with the car, take it to a reputable mechanic to have it checked out. It's money well spent.
Know the fair price of the car. This is easy to find out form numerous annual used car books or websites that publish current car values. Consumer Reports magazine has a 'Used Car Price Service' that will give you quotes over the phone.
If you are buying from a private party, be sure the person selling you the car is the registered owner.
To avoid buying a stolen car, make sure the vehicle identification number (VIN) on the car's title is the same as the VIN On the car's dashboard. If you have any doubts, ask your local police department to do a stolen-car check.
Call or visit the U.S Department of Transportation Auto Safety Hotline or website to find out if the car was ever recalled. If so, ask the dealer or private party for proof that the recall work was completed.
Consider all costs of the vehicle you have in mind, including purchase price, insurance costs, loan costs (if you need a loan). Particularly important is the repair record of the car. Every year, Consumer Reports magazine prints a "frequency-of-repair" survey that points out trouble spots for almost all makes and models of used cars. In addition, the magazine also contains a satisfaction poll of readers ("Would you buy that car again?") as well as a list of reliable used cards in different price ranges.
Is the car covered by any warranty? If you buy a used car from a dealer, there will be a "Buyer's Guide" sticker (required by federal law) in the window of the car. It will tell you whether or not the car has a warranty and if it does, what the warranty covers (about 50 percent of used cards sold through new-car dealerships have some warranty coverage). If you buy through a private seller, you will have to ask if the car is still covered by warranty or service contract. Even if a warranty or service contract exists, it may be transferrable or there may be limitations or costs for a transfer.
Personally give the car a thorough inspection, inside and out. If you don't trust yourself to do a good job, take along a friend who is knowledgeable. Take the car on a test drive. And, whether talking with a dealer or a private party, ask to see any available paperwork on the car's history - insurance accident reports, repair bills, and maintenance receipts. Even if you are satisfied with the car, take it to a reputable mechanic to have it checked out. It's money well spent.
Know the fair price of the car. This is easy to find out form numerous annual used car books or websites that publish current car values. Consumer Reports magazine has a 'Used Car Price Service' that will give you quotes over the phone.
If you are buying from a private party, be sure the person selling you the car is the registered owner.
To avoid buying a stolen car, make sure the vehicle identification number (VIN) on the car's title is the same as the VIN On the car's dashboard. If you have any doubts, ask your local police department to do a stolen-car check.
Call or visit the U.S Department of Transportation Auto Safety Hotline or website to find out if the car was ever recalled. If so, ask the dealer or private party for proof that the recall work was completed.
Car Price Negotiations
When negotiating the price of a car, it is important to start from a position of power. That means knowing the tricks of the trade and being prepared to use them.
The first trick to know when preparing for car price negotiations is to know the starting price of the car. Initially, this means doing some research in the manufacturer’s suggested retail price of the car.
It is also important for car price negotiations to know what the car is selling for in your region. For example, several years ago, when the Toyota Prius was new to the American market, the suggested retail price of the car had nothing to do with its actual selling price.
Because the car was in high demand and low supply, dealers were able to negotiate prices much higher than the standard asking price. The smart car price negotiator will be aware of these trends and either accepts that added cost of the car or opt for a car in lower demand.
The second trick to know is that you should also have the invoice price of the car in hand when begging your car price negotiations. A smart negotiator will know that the invoice price is not what the dealer paid for it; invoices reflect the price the dealer would have paid if not for incentives, rebates and factory deals for the dealership.
This is important to know in car price negotiations because some novice negotiators will fall for the ruse that they are getting a good deal since it is close to the invoice price. Remember, the invoice price is not what he paid for it and getting him to sell you the car “below invoice” does not mean you are driving the dealership into bankruptcy.
The third trick smart car price negotiators need to know is that they should begin negotiations based on the theory that they will pay cash for the car and that there will be no trade-in. In an era of revolving credit, most car price negotiators do not understand that the trade-in allowance is often figured in by less scrupulous dealers and the base price of the new car is increased.
In addition, car price negotiators must be aware that some car dealers will also hide increased car prices in the financing. To avoid this, negotiators must be willing to discuss car prices as though financing is not necessary.
The person negotiating the price of the car must also be able to talk the jargon and be familiar with standard options packages. For example, a dealership might try to charge individual option costs for upgrades including automatic transmission and air conditioning and power windows even though all three are typically packaged together and sold to him at a discounted rate.
The negotiator should also clarify whether the price he is discussing with the car dealer includes all taxes and fees associated with the closing of the purchase of the car. Many first time new car buyers are surprised by the fees that are added on the car cost after the price has been discussed. Such fees usually not included in the car price negotiations include state sales taxes, license transfer fees, and freight costs.
Finally, a car price negotiator must understand the fine art of negotiation and the reality of how little negotiation actually takes place. He must be willing to discuss getting adding option without price increases and must also be willing to put his foot down when the salesman tries to increase the cost and value of the car by adding no options that the new owner neither wants or needs.
Dennis runs Car Dealer Check which has reviews on North Carolina Car Dealers including Winston Salem Car Dealers
The first trick to know when preparing for car price negotiations is to know the starting price of the car. Initially, this means doing some research in the manufacturer’s suggested retail price of the car.
It is also important for car price negotiations to know what the car is selling for in your region. For example, several years ago, when the Toyota Prius was new to the American market, the suggested retail price of the car had nothing to do with its actual selling price.
Because the car was in high demand and low supply, dealers were able to negotiate prices much higher than the standard asking price. The smart car price negotiator will be aware of these trends and either accepts that added cost of the car or opt for a car in lower demand.
The second trick to know is that you should also have the invoice price of the car in hand when begging your car price negotiations. A smart negotiator will know that the invoice price is not what the dealer paid for it; invoices reflect the price the dealer would have paid if not for incentives, rebates and factory deals for the dealership.
This is important to know in car price negotiations because some novice negotiators will fall for the ruse that they are getting a good deal since it is close to the invoice price. Remember, the invoice price is not what he paid for it and getting him to sell you the car “below invoice” does not mean you are driving the dealership into bankruptcy.
The third trick smart car price negotiators need to know is that they should begin negotiations based on the theory that they will pay cash for the car and that there will be no trade-in. In an era of revolving credit, most car price negotiators do not understand that the trade-in allowance is often figured in by less scrupulous dealers and the base price of the new car is increased.
In addition, car price negotiators must be aware that some car dealers will also hide increased car prices in the financing. To avoid this, negotiators must be willing to discuss car prices as though financing is not necessary.
The person negotiating the price of the car must also be able to talk the jargon and be familiar with standard options packages. For example, a dealership might try to charge individual option costs for upgrades including automatic transmission and air conditioning and power windows even though all three are typically packaged together and sold to him at a discounted rate.
The negotiator should also clarify whether the price he is discussing with the car dealer includes all taxes and fees associated with the closing of the purchase of the car. Many first time new car buyers are surprised by the fees that are added on the car cost after the price has been discussed. Such fees usually not included in the car price negotiations include state sales taxes, license transfer fees, and freight costs.
Finally, a car price negotiator must understand the fine art of negotiation and the reality of how little negotiation actually takes place. He must be willing to discuss getting adding option without price increases and must also be willing to put his foot down when the salesman tries to increase the cost and value of the car by adding no options that the new owner neither wants or needs.
Dennis runs Car Dealer Check which has reviews on North Carolina Car Dealers including Winston Salem Car Dealers
The Eight Mistakes Car Buyers Make
Shopping for a new auto can be a very trying experience at best. It is usually a dreaded experience for most of us do to the time required and trying to sort out fact from fiction in talking to sales people.
Here are eight mistakes most people make according to some surveys taken.
Consumer Reports outline the following eight mistakes most car buyers make
when shopping for a car.
1. Being pressures to act. It’s alright to take your time in selecting a car.
Don’t be pressures into purchasing before you are really ready. When you
place a down payment, use a credit card in place of writing a check. This will
provide you more protection if something fishy occurs.
2. Taking dealers at their word. Are you being offered any “freebies”? Lifetime oil changes, etc. Get it in writing.
3. Financing for more than four years. If you settle for a long term loan, you’re likely going to pay a higher interest rate.
4. Buying unnecessary extras. This is where the dealer really loads in his profit. He’ll
Offer all kinds of extras, such as VIN etching, fabric protection, extended protection insurance, etc. Think very carefully if you really need these items.
5. Opting for dealer financing without shopping around. Do your research before shopping by shopping banks, credit unions, online services, etc. to see what rates are being offered for the amount, length of loan, etc. you are thinking about. Then you will be in a better position to know if the dealer is offering you a good rate.
6. Not negotiating a lease price. You can bargain for a lease price just as you can do in purchasing a car. If you turn your autos over every two or three years, this might be a better option for you.
7. Leasing because you can’t afford to buy. Leasing will normally mean a lower monthly payment, but you could end up with a higher finance rate. Again doing your homework will help you here also.
8. Talking about trade-ins early in the looking process. Even though the salesman will always ask you right up front if you have a trade-in, you don’t have to let him know until you have done some negotiations on the car you have selected. You can always just say, “I don’t know at this time”, or “I might sell the car myself.” This way, you are being true full.
Some other points to consider that can make your auto shopping experience go smoother, is to do a credit check on yourself be fore shopping. It is much easier to correct a mistake on your report before the dealer or bank runs a credit report, than explain the problem after the fact.
Also, do research on what your auto, if you are changing one, is worth before shopping for a new one. It is usually always better to sell the car yourself and deal in cash with the car dealership. With all the information on the internet now, you have wealth of information at your finger tips.
Tim has fifty years of business experience in various fields in the retail industry. Tim has been the President and CEO of several successful large coporations, as well as starting seven successful companies. Three for other corportations and four for himself. He was a keynote speaker in the industry before retiring. Tim started Home Busines Created to help others enjoy the benefits of having their own business as well as other websites to assist people in shopping online.
For additional articles and resources for auto parts, accessories, etc., visit out site at:
http://www.carpartsfyi.com/
Here are eight mistakes most people make according to some surveys taken.
Consumer Reports outline the following eight mistakes most car buyers make
when shopping for a car.
1. Being pressures to act. It’s alright to take your time in selecting a car.
Don’t be pressures into purchasing before you are really ready. When you
place a down payment, use a credit card in place of writing a check. This will
provide you more protection if something fishy occurs.
2. Taking dealers at their word. Are you being offered any “freebies”? Lifetime oil changes, etc. Get it in writing.
3. Financing for more than four years. If you settle for a long term loan, you’re likely going to pay a higher interest rate.
4. Buying unnecessary extras. This is where the dealer really loads in his profit. He’ll
Offer all kinds of extras, such as VIN etching, fabric protection, extended protection insurance, etc. Think very carefully if you really need these items.
5. Opting for dealer financing without shopping around. Do your research before shopping by shopping banks, credit unions, online services, etc. to see what rates are being offered for the amount, length of loan, etc. you are thinking about. Then you will be in a better position to know if the dealer is offering you a good rate.
6. Not negotiating a lease price. You can bargain for a lease price just as you can do in purchasing a car. If you turn your autos over every two or three years, this might be a better option for you.
7. Leasing because you can’t afford to buy. Leasing will normally mean a lower monthly payment, but you could end up with a higher finance rate. Again doing your homework will help you here also.
8. Talking about trade-ins early in the looking process. Even though the salesman will always ask you right up front if you have a trade-in, you don’t have to let him know until you have done some negotiations on the car you have selected. You can always just say, “I don’t know at this time”, or “I might sell the car myself.” This way, you are being true full.
Some other points to consider that can make your auto shopping experience go smoother, is to do a credit check on yourself be fore shopping. It is much easier to correct a mistake on your report before the dealer or bank runs a credit report, than explain the problem after the fact.
Also, do research on what your auto, if you are changing one, is worth before shopping for a new one. It is usually always better to sell the car yourself and deal in cash with the car dealership. With all the information on the internet now, you have wealth of information at your finger tips.
Tim has fifty years of business experience in various fields in the retail industry. Tim has been the President and CEO of several successful large coporations, as well as starting seven successful companies. Three for other corportations and four for himself. He was a keynote speaker in the industry before retiring. Tim started Home Busines Created to help others enjoy the benefits of having their own business as well as other websites to assist people in shopping online.
For additional articles and resources for auto parts, accessories, etc., visit out site at:
http://www.carpartsfyi.com/
Tuesday 28 April 2009
Tips on Selling Your Car on eBay
People sell their cars for many reasons. Whatever the reason for selling second hand cars, many are concerned about the best places where to sell them. Selling a second hand car online has been one of the most common methods because many find that process easy, fast and convenient. For each seller, the main concern is to get the best price for the car. Below are some tips that you need to consider in selling your car on eBay motors or other car auction site.
Know and decide on the price range you are willing to sell it. Before finally posting your car on eBay or any other car auction site, you must have an idea of how much you are willing to take. Decide on a starting price that is fair for you and the possible buyers or bidders.
Research on the market value and the average prices. Look at other cars for sale or bid on eBay motors or any car auction site. This will give you an idea of how much you will be setting so you can sell your car the fastest way at a great price.
Inform the bidders or buyers about all the important information. Inform them of the car's mileage, its specs, the problems, its special qualities, and even owner history. It builds customer confidence and also makes your car's value go up.
Be open to questions and car visits. Those who want to buy or bid seriously usually want to see the actual car. Be open to their questions, answer honestly and even entertain car viewers.
There are thousands of people are selling their cars via Ebay and this has made car auction online business become more competitive. If you want to outsmart others, learn the fundamentals of car auction online via http://carauctiononlinebasics.com
Know and decide on the price range you are willing to sell it. Before finally posting your car on eBay or any other car auction site, you must have an idea of how much you are willing to take. Decide on a starting price that is fair for you and the possible buyers or bidders.
Research on the market value and the average prices. Look at other cars for sale or bid on eBay motors or any car auction site. This will give you an idea of how much you will be setting so you can sell your car the fastest way at a great price.
Inform the bidders or buyers about all the important information. Inform them of the car's mileage, its specs, the problems, its special qualities, and even owner history. It builds customer confidence and also makes your car's value go up.
Be open to questions and car visits. Those who want to buy or bid seriously usually want to see the actual car. Be open to their questions, answer honestly and even entertain car viewers.
There are thousands of people are selling their cars via Ebay and this has made car auction online business become more competitive. If you want to outsmart others, learn the fundamentals of car auction online via http://carauctiononlinebasics.com
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