Ever since hybrid cars first burst on to the motoring scene, people have wondered how good they really are. Even today, when hybrid cars are better known, it seems a long way off until they are a common sight on our roads, with more hybrid cars being driven than traditional gasoline driven ones. The makers of the upcoming hybrid cars are determined to show off the advantages that modern technology can offer us. Motor companies as well known as Toyota and Ford are competing to produce the best upcoming hybrid cars on the market. The upcoming hybrid cars promise to be even better than the ones that are already available. Hybrid cars are designed with the environment in mind, and the savvy car companies know that the highest prizes will go to those companies that can design an outstanding car that is easy on the consumer’s pocket as well as the world around us. Car manufacturers are investing untold amounts of money on the creation of new and upcoming hybrid cars. With the advent of the totally electric car still on the distant horizon, motor companies are currently competing to make sure their own hybrid cars produce the lowest amount of emissions possible. This is the area that is most important in upcoming hybrid cars. CO2 emissions are extremely damaging to the atmosphere and the world around us. Reducing the level of these emissions is a huge task, but it’s a task that car manufacturers are taking on with enthusiasm. This year’s upcoming hybrid cars include some offerings from Saab, who boast that their hybrid cars have not only significantly reduced these damaging emissions; on occasion they have eliminated them entirely. That is a strong statement to make, and it has raised the bar for all other upcoming hybrid cars. Just imagine a world in which every car is a hybrid, and not a single one releases any damaging emissions into the atmosphere at all. Until then, the chief aim of all hybrids is to generate significantly less emissions, and to become more accessible to more people worldwide. Make no mistake, these cars are slowly integrating themselves into popular consciousness, and as time goes by they will become more affordable and more easily thought of as a potential new car for the average person. Perhaps it’s almost time to wave goodbye to the internal combustion engine altogether. For information on buying and selling new and second hand cars and bikes visit bharathautomobiles/index. php
What would you say is the best car ever? A Mercedes Benz? A Ferrari? A caravan? Well, for most of us, that perfect car that we keep daydreaming about remains just a dream. Perhaps it is just as well. After all, the costlier cars in the car markets are notorious for their gas-guzzling qualities. Perhaps we are better off with our more economical, less posh-looking, fuel-efficient family cars. Of course, this does not mean that you should say goodbye to periodic upgrades. Sure, you may be attached to your old car, but you should still check out other cars that will give you better service. Is the only reason for your unwillingness to upgrade to a better car your belief that you will not be able to pay for it? Well, the inability to afford something is not a valid excuse anymore with respect to houses, cars, computers, or anything else that is a necessity in twenty-first century life. Loan providers are ready and waiting at every corner with dozens and dozens of loans. Their only hope is that they will manage to win you over enough to get you to buy the new car that you have been dreaming about. Personal loans for cars are really not terribly hard to discover. Take a look around. A large number of the vehicles that you see driving on the roads have probably been purchased with car loans. And if you think that these are rather expensive propositions, just look for a few car loan providers. If you spend sufficient time in scouting around, you might just get a car loan at bargain-basement prices. Even if you have bad credit, there is really no cause for concern. Bad credit car loans are not as elusive as you might think they are. Then again, if you are concerned about the expenses that might keep piling up after buying the car, you are probably just being a little irrational. A new car usually is far more economical to run than an old one. They guzzle less gas, and they require a lot less attention than do older cars. And while you are looking for a new car, you should pick out the one that seems the most economical to you. As for insurance, even cheap car insurance is easily available in the world of today. So, even if you are still not able to buy that Ferrari just yet, that is really no excuse for your continuing to move around in an ancient set of wheels.
As gas prices reach record levels and fossil fuels diminish over time, consumer demand for alternative energy technology will do nothing but increase. In fact, urban electric vehicles, while rather novel in the United States, are more common in Europe, where population densities in metropolitan areas necessitated a search for alternatives to driving full size cars long ago. The urban electric vehicle is essentially a very small car, typically a two-door hatchback designed to hold two to four passengers (and not much else). Relying on electricity as their primary power source, these vehicles are ideal for urban dwellers who need to get from point A to point B in cities crowded with full size vehicles. They are probably especially attractive to those who live in cities with poorly developed or unreliable public transportation systems. According to the US Department of Energy, urban electric vehicles are considered regular passenger vehicles. Most contain the normal safety features and amenities American consumers have to come to expect: airbags, safety belts, and heaters and air conditioners. Current urban electric vehicles can reach top speeds of somewhere near 60 mph, and can go nearly 12 hours before needing to be recharged. This represents a significant improvement over earlier models, and should increase the acceptability of the technology among the general public. Both Nissan and Ford are testing urban electric vehicles and Daimler-Chrysler is in contract to bring the original urban electric vehicle, the Zap! Smart Car into the United States. Previously, Smart Cars had to be imported from other countries, especially Canada, and modified to meet U. S. safety standards. Urban electric vehicles offer a range of benefits to drivers. Urban electric vehicles produce no emissions, which means they have the potential to reduce the harmful environmental impact of other forms of personal transportation. People who live in smog-filled cities may find this benefit especially attractive. Second, urban electric vehicles, like hybrids and other advanced energy powered cars, often qualify for state and national tax credits. Some argue these credits can make up for the additional cost related to purchasing electric or hybrid vehicles. Finally, the urban electric vehicle’s small size make it an ideal choice for commuters in crowded cities. The compact nature of the urban electric vehicle makes it easier to drive in heavy traffic, and requires much less parking space. As cities become more crowded and gas gets more expensive, urban electric vehicles may be positioned for a massive jump in popularity.
While "urban sprawl" and "smart growth" seem to be key phrases in the news these days—especially among politicians and environmentalists, the truth is "smart growth" can only happen when there is a plan in place to grow. "Smart growth" is not a reaction to a housing boom. Neither is it a way to boost a city's economy as it begins to slide into a slump. Truly smart growth is a new city's plan to, over years, accommodate more people and businesses, without comprising its natural resources or the quality of life for those who are already there. Despite what many people are labeling as "smart growth" in an effort to pad their own bank accounts or please their more powerful constituents, smart growth can happen. And it has in the California city of Cerritos. Cerritos is an unassuming city, less attention-hungry than its bigger brothers Los Angeles and Hollywood. Nestled just northeast of Long Beach and northwest of Anaheim, the city of Cerritos isn't well known. Most Americans wouldn't know that it's home to Cerritos College (the third largest Hispanic-serving community colleges in the country), Isuzu Motors America, Inc.—well-known for its top-of-the-line SUV "Ascender" and pickup trucks, and United Postal Services (which employs approximately 5,000 people in Cerritos alone). California Business Magazine named Cerritos one of the best 100 Cities to do business in the state. Incorporated in 1956 as The City of Dairy Valley, Cerritos' original name reflected the community's agricultural focus. At that time, dairy cattle outnumbered the residents of the city nine to one as there were less than 5,000 people living in the incorporated city. Cerritos received its charter to become a California city two years after its incorporation, which marked the beginning of its "smart growth." Approximately eight years later, rising property taxes and land prices began to take their toll on dairy operations, and by the early 1960s the agricultural crux of Cerritos was beginning to falter. In March of 1965, the citizens decided, in a special election, to permit homes to be built under strict residential development guidelines. This change led to a spurt in the population growth, with the population edging to just under 16,000 people by 1970, only three years after the city officially changed its name to Cerritos (chosen because it was located in close proximity to the original land grant Rancho Los Cerritos). Seeing the potential problems with continued population growth, Cerritos wanted to continue to grow in a well-developed manner under a policy of continual environmental improvement. The standards and goals of the policy laid out ways to achieve a park-like community and still allow for commercial, industrial, and residential development. The first Cerritos General Plan was adopted in October of 1971, to provide for a controlled urban development. The plan itself guaranteed convenient access to shopping near homes, locations for a multitude of services, attractive neighborhoods, and parks for recreation. A revised version of the General Plan was adopted in January of 2004. So how did they do it? Approximately half of the city's land is designated for residential development. This didn't slow Cerritos down. From 1970 to 1972, Cerritos became California's fastest growing city with a population increase from 15,800 to 37,700. But it wasn't just the residential development that was being focused on. Cerritos opened the first solar-heated City Hall complex in U. S. history in 1978. The City developed the Cerritos Auto Square in the early '80s, which now generates $10 million+ in sales tax revenue annually. In 1997, Cerritos opened a state-of-the-art Cerritos Sheriff's Station/Community Safety Center to the tune of $10 million to provide residents with public safety services 24-hours-a-day, 365 days a year. In March of 2002, the Cerritos Library was dedicated—an 88,000-square-foot building featuring art collections, educational displays and beautiful conference center s. As anniversary gifts commemorating 50 years as a city, The Cerritos Sculpture Garden and a fitness/wellness center at the Cerritos Senior Center were dedicated in 2006 to the community.
Not everyone wants or needs a brand new car, many of us are quite happy to acquire a used car and depending on the cost of the car finance is still needed for the majority of time. When it comes to getting finance for a used car then there are used car loans which is often the best option when financing a used car, however finding the best used car loan can take a great deal of time and of course you have to be sure you have got the best possible deal you can. Unless you know a lot about financial matters or want to take the risk of not getting the best possible deal then the best place to go for your loan is with a specialist website. A specialist website will take all the hard work out of looking for the best deals in used car loans and will ensure that you get the cheapest quote possible in the shortest time possible. When it comes to getting a used car loan the same as with any other loan you have to set yourself a limit which you are willing to go up to, this means the total amount which you are willing to spend on the loan and the total amount which you can afford to pay each month on the loan. Once you have this in mind then simply go to a specialist who from the information you give them, will look for the cheapest rate of interest and get you the best used car loan possible. Interest rates do vary from lender to lender and of course using a specialist you can be sure that they know this and of course as many of them have years of experience in finding the cheapest loans of all types, then you can rest assured that they will be able to find the best used car loan to suit your needs at payments that you can afford.
You can use the internet and your home computer to quickly and easily search with private sellers and used car dealers for a Honda Civic. As this is a very popular choice of car you are able to search through what could be hundreds of vehicles depending on how far you wish to travel to view the car. A specialist website will give you one of the most powerful tools available when it comes to searching for a specific car. Their search tool will allow you to define certain criteria such as the area in which you wish to travel, the price and of course the model, in this case a used Honda Civic. Before you start your search for your dream car you should decide if you want to target your search at private sellers or used Honda dealers. If you choose to go with a dealer then you might have a larger choice but you also could have to travel many miles from you home when it comes to looking at the car. The car dealership can also offer finance for the car although it would be wise to get quotes online with a specialist car finance website for a more attractive interest rate. If you choose to look for a used Honda Civic with a private seller then you can get the car a little cheaper but you do have to be aware of con men. You should always get the car checked over with a car data check if buying from a private seller - all you need is the vehicle identification number. Whichever way you choose to find your used Honda Civic a specialist website will be able to give you a huge amount of information that you can put to good use before beginning your search. You can use it to find out how much a car of the age you are looking for is going for roughly and the different ways to finance your used car if finance is needed. Once you have all the information to hand then type in the search box the criteria you wish such as mileage on the car, age, colour and the area in which you wish to travel. Following this you will be presented with listings to match your ideal car. All listings for cars should be accompanied with clear photographs of the car and of course a complete description of the car. While the basics such as mileage, service history, tax and test should be included, the best listings will also include any extras and will boast the good points of the used Honda Civic and also any bad points. However using the internet when it comes to searching for a used Honda Civic is just one of the many ways that a specialist website can help. Before you begin your search you should take the advice and hints, tips and information which can help you to get the most out of your search for used cars. This will hopefully lead you to buying a car that will give you many trouble free years’ of motoring.
The internet opens up a whole new world when it comes to getting the best and cheapest bargains and when it comes to getting car finance you can use it to get the cheapest car finance quotes possible. A much better way than searching through the vast amount of lenders yourself is to go with a specialist broker. A broker has the knowledge and means to find you the best deal in the shortest time possible which can help to save you a great deal of money. While car finance isn’t that hard to find when you go online, sorting through the vast amount of online insurers does take time and you will have to search if you want the cheapest car finance quotes. Knowing where to look for the best deals can be a problem and very often while you get a cheap quote; it isn’t the cheapest out there. A car loan is always to the best way when it comes to getting cheap finance. If your broker searches for a fixed rate loan then you can take advantage of the fact that the repayments on the loan will stay the same despite what the rate of interest does. Perhaps the only downside to a fixed rate loan is that if the interest rates are particularly high at the moment then this will reflect on the quote and if they should come down, then you are stuck paying more. Some providers will also throw in extras to entice you to go with them when taking out a car loan, for example they might offer 6 months free insurance alongside the loan or so much off the cost of tax. Again, a broker will be able to find these deals along with a low rate of interest for you. One of the biggest advantages of taking a car loan is that you are able to shop around when it actually comes to buying the car. Very often you will be able to get something knocked off the asking price of the car at a dealership or you have the option of going to a private buyer. A car loan is the cheapest way of financing your new car and going with a broker to find you the cheapest car finance quotes is the best solution.
A far better way than going around used car dealers on foot is to allow your fingers to do the walking from the comfort of your own home. By going online with a specialist website you can search with a wide range of car dealers to find the perfect car in the shortest time possible. One of the most helpful tools which you can put to good use is the search engine that a specialist site will put at your disposal. While you could just type the make and model of the used car that you are looking for into one of the popular search engines, you would then have to click on each individual one to go to that particular site. You would then have to start your search over from the dealer’s home page. This of course could result in you finding the car you are looking for, but it can take a great deal of time and a far quicker way is to start off with a specialist website. A specialist website will gather together the top used car dealers so that you can search from just the one page. Another big boost when it comes to saving time is that a good specialist website will allow you to make a search for used cars within a specific area or region. This is very useful when it actually comes to going to look at the car. A specialist site should also give you links for the various types of dealers such as used car, private used car dealers, showrooms and car dealer groups. Once a specialist website has found you the links to used car dealers within your region, then a single click will take you straight to their website. From here you are able to search again for the exact model and make of used car that you are looking for. You should also be able to search based on the color of the car, the transmission and the fuel type of the car. Depending on the used car dealer’s website that you have chosen, will all depend on the level of detail you get regarding a particular car. The best used car dealers will have several clear photos listed of all angles of the car which can tell you a lot about the overall condition of the car. The information you receive about the car should be clear and give all the basic details of course but the better sites will give you detailed information and be very descriptive. If there are any additional features that come with the car these should also be listed such as exterior body features and embellishments, any special interior features or safety features. Starting off with a specialist motoring website to find the names and get links to some of the best and biggest used car dealers in your area will get you off to the best start. Along with this the site will give you helpful tips and advice by way of FAQ`s and articles of what to watch out for when buying a used car.
When it comes to used car deals there are many bargains to be had and one of the best places you can begin your search for your used car is online. Some of the cheapest used car deals can be found through private sellers advertising on one of the many sites that are available for searching. Another popular choice when it comes to getting a great deal is to search among the many car dealerships which sell second hand cars and find the best bargains. If you are thinking of buying your used car from a dealership that specialise in used cars then you will have a warranty on the car, while if you choose to purchase the car from a private dealer there wont be one, you will have to weigh up the pros and cons of this and decide if you would rather have some peace of mind and pay a little extra or save some money. While the cheapest used car deals can usually be got from the private dealer as more often than not they are desperate to sell and as such you can haggle over the price and knock them down more than the dealerships, it is also the more risky way of buying your car. However there are many honest and trustworthy people out there who want to sell their car for sincere reasons and with these people you can both get a good deal. When it comes to finding a dealer in used cars then the internet is the best way to do this. Rather than travelling from dealer to dealer to see what each is offering you can do a search in a specific area online and more often than not they have any special deals of the week listed online. A great many dealers will offer incentives to buy from them and will boast of these online, many have offers such as free tax and testing or free insurance for 6 months. If looking to buy your used car from a dealer then this is the best way of doing so and can save you not only money but also a great deal of time. There are many great used car deals to be had out there and it’s just a case of digging them out and finding the best and this is where the internet comes into its own. The easiest way to begin your search for the best deal is by using one of the popular search engines, this is your gateway to many bargains.
When it comes to your sued car loan rate, you will need to do a lot of research before you plan on settling. You will want to find the best auto finance rate to help you with your loan approval and with the payments. When it comes to rates, they are talking about the interest rate. The interest rate seems to be higher on a used car or with those who are considered a risk. You will need to find the average rate of the time and you need to find out what the annual percentage rate is. The annual percentage rate will help you find a loan with the best rates by simply comparing their offers to the annual percentage rate. This will prove to you rather or not you are wasting your money or that you should take the deal. However, the present market doesn't necessarily have to be in good condition. Usually when there is a recession, banks and creditors will loan out money like crazy and for a low interest rates. Why would they do this? Well when they loan out money that are most likely to place the money back into the economy so that it can stabilize itself and the rates can go gradually back up. So, how to do you compare the rates? The first thing that you might want to do is to go online and compare some rates. You should goggle the Internet and see who is offering what. You can look at credit unions, banks, and even credit card companies. Either way you will find that they have a rate that is either higher or lower than you expected. Make sure that you understand what a good rate is and what an outrageous rate is. You will want to look at sites that offer competitive rates. You may want to check out Capital one and E-Loan because they offer competitive rates and they also will give you some of the best online benefits when filing for a loan. When you go to compare, you should try to find the top three best offers. You will want to make sure that you read the fine print. You may not think that the offer is true because of how low the rates are, and if you think it's a gimmick, then it most likely is. You don't want to get on board with one company and find out that you jut signed away everything you have to a company. People have found that in the fine print they lost it all, but they never tried to read it. Be aware of all the scams that you may fall for. You should always ask yourself if this is a company that should be trusted before you even seal the deal.
Eighty percent of car buyers are using the Internet to research cars and used car prices. For vehicle research, the Internet’s great! For vehicle prices, the Internet sucks! It sucks because the prices do not reflect reality for the buyer or the seller. Web sites that place values on vehicles have created more confusion than ever. “My car’s worth $25,800.” “I looked up used car prices on the web and my vehicle’s worth twenty grand.” I hear quotes like these everyday. I wish, for the customer’s sake, that the values are real. By “real” I mean a viable number according to market value. As hard as it is to accept, even for me as a dealer, what we think a car is worth, and what it’s actually worth according to “market value” is often drastically different. To find a vehicle’s value the context must first be discussed. What’s context? Context includes, but is not limited to: 1) Vehicle condition: mileage, maintenance, 1-owner…etc 2) Desirability: new model, special editions, just plain cool… 3) Seasonality: plow trucks, convertibles, 4-wheel drive…etc 4) The Economy: factory incentives, gas prices, hybrids, SUVs 5) Location: Beverly Hills versus the Bronx Now, each of the above context variables could easily have several sub categories. For example… Vehicle condition is extremely relative. One person may think there vehicle is perfect, someone else states it needs $1000 worth of work. Desirability is also relative. A bunch of very cool bells and whistles may not add any value, or it may add $1000’s. Seasonality is relative. A convertible in the summer has more value than one during a Chicago winter. A plow truck in June will have significantly less value than in November in the northeast. Economic recessions, exorbitant gas prices, combined with manufacturer incentives can shift new and used car prices all over the map. Location has a major effect on used car prices. A convertible in California is worth more than one located in Canada. To summarize, context funnels down to market value. Web sites such as Edmunds, NADA, and Kelley have drastically missed this mark, creating a host misinformation. To be fair, these are great research sites, but they can not be the final say on price. Stating that a vehicle is worth a certain amount of money based on a web site’s data does not take the above factors into account. It’s a value based on misinformation. These web sites have created an aura of trust when in actuality, the values are mythical. The market is the real indicator of vehicle worth—for better or worse. What should one do? Buyers and sellers would be wise to follow the market. Check out autotrader, cars, and/or *ebaymotors and watch what vehicles are being advertised and sold for. While these sites are not the final word either, they’re much more accurate than web sites leaning heavily on opinion and averages. Note: eBay used car pricing is generally wholesale. In other words, it would not be accurate to compare a wholesale-priced eBay car (which may need a significant amount of reconditioning) to a retail-priced vehicle in showroom and/or perfect working condition. In the end, and this come straight from industry expert, Barry Roth, “Take the highest price and the lowest price you find on the Internet and throw them out. The remaining numbers in the middle is where one should wade. But don’t forget value. Price is one thing—value is the real key to a great car” For more on used car values visit medwayimports/
What’s my vehicle worth? What a question! I wish that after 20 years in the automotive industry there was a simple answer. One would think that with all the information available it would make prices and values easier to obtain. In fact, in many ways, the numbers are more unclear than ever. The following e-mail conversation regarding retail car prices and trade-in values highlights the confusion and misconceptions about automobile price and value. This conversation occurred between me/Ted, the dealer, and Rich, the customer... [Begin Email] [Ted] Hi Rich... Donna loves the 2006 Volvo. It’s a perfect fit! Again retail value is: $23,800 Here's what Medway Imports can do: 2006 Volvo S40 Price.............$18,995 2001 Chevy Impala Trade-In Value…........$4,000 Thanks Rich! Note: the Volvo is still under its factory 4-Year 50,000-mile warranty, free road side assistance…etc. [Rich] Hi Ted, Thanks for the information. The Volvo certainly is a great price, but isn’t my Impala worth $6,000-$7,000? Kelly Blue Book lists the private party value at approximately $7,995. I know that does not mean it will sell for that amount. However, most of the ads that I have been seeing reflect a range of $7,000 to $9,000. I would guess that based on the retail prices, the actual sale price would be discounted by $1,000-$1,500. That would mean a reasonable expectation would place the value at $6,000-$7,000. [Ted] You’re right Rich…$6,000-$7,000 is certainly a reasonable "retail value" for the Impala, but research shows it’s actually only selling for around $4,000. Interestingly, based on your math of knocking $1,000-$1,500 off private party bluebook would put the 2006 Volvo at a "reasonable" price of $22,800, as it retails for $23,800 to $24,500 depending on which source you use. The facts are, however, neither the Impala nor the Volvo will sell for these retail values—not in today’s market anyway. [Rich] I can lease an Infiniti which would probably cost me less on a monthly basis. My partner just leased a 2007 loaded Infiniti for 39 months, (78,000 miles) for $558.00 month. Cap reduction was only $595.00. I'm guessing that I could lease the same car for 3 years with 36,000 miles for no more than $400/month. They’re also willing to give me $7,000 for my 2001 Impala. I'd appreciate your thoughts! [Ted] Hi Rich… Your guesses “might” be close; however, this is a classic example of the confusion surrounding trade-in values and the actual vehicle worth. That $7,000 they will pay you is called a "feel good" number. Dealers use it all the time, and then whack you on the retail sale end of your new car. In other words, as a dealer, I will gladly give you $7,000 for your Impala provided you’re willing to pay $22,800 or more for the 2006 Volvo….as you can see, based on these numbers, you'd spend more. It’s stunning how often people fall into this trap every single day based off of blue-book-type retail numbers. For an interesting discussion on car values, check out the article on bluebook pricing @ repairtrust/articles_kelley. html. It's eye-opening! The facts are, however, we as a retail dealer are not likely to get $22,800 for the Volvo even though the book says it's reasonable. Book values, or the values placed on vehicles by websites are guides based heavily on opinions and averages. Go to seven different websites and you'll get seven different values. If you’d like, I can get you any used car you want at a great value like the Volvo…but I'd still only be able to pay $4,000 for the Impala. Since we don't use manipulative "feel good" numbers to inflate the trade-in value by increasing the sale price of the Volvo, it appears as if we're offering too little for the Impala. In actuality, the numbers are dead on. $4000 is a real number! Note...none of this is a sales pitch, but the straight deal on the "value" of the Impala in the real world. This is not to say that you couldn't sell it for $7,000, provided you want to do the footwork—advertising, replace the bald tires, service and recondition it, fix the rear seat...etc. In short, what makes up the value of a car is incredibly complex and variable. What I wouldn't want you to think is that you're being low-balled on the trade-in price. What is happening, and it’s the only way we’ll do business, is that you are being given a "real value" and a "fair value" for your Impala. The short answer to all this is that you're getting a square deal on both ends—even though it may not “feel” like it with the Impala. [Rich] Hi Ted, if I had to finance approximately $14,000 for the Volvo, my monthly payment would be around $430/month (3 years @ 7%). I think that I may be more inclined to lease a 2007 loaded Infiniti, which would probably cost me less on a monthly basis. [Ted] Hi Rich… Leasing has many positives; however, at the end of 3 years the value of the Infiniti to you would be $0. The residual value of the 2006 Volvo S40 is $9625. One of the major downsides of leasing is that at the end of the lease…you have NO equity. I will not in anyway be offended if you choose to lease, or buy somewhere else. What I know, and what I can do for you is get you a great "value" for your dollar. $18,995 for a vehicle that is priced $4805 under the low value of $23,800 is a great value. $4,000 for an Impala that needs $1,000 or more in reconditioning is a real price. In short, you can't buy wholesale and expect to trade in for retail. Interestingly, the current wholesale price of the Volvo is $19,000 to $20,000. In other words, I couldn’t even buy this car right now for $18,995. Those are my thoughts. I hope this helps in your decision making process. [End Email] As you can tell from this conversation, the perception and the reality of used car prices is very different. This article illustrates that pricing used cars must be done in context. An arbitrary number set by a website or book distorts the real-life values for the car buyer and the seller. These "values" make everyone distrustful, uneasy, and confused. The auto industry doesn't need any more of this! -Ted Olson Medway Imports... Making sense of Used Car Prices
Used car prices are elusive, despite numerous attempts to harness them. We’ve all heard of Retail, Private Party and Trade-in values. But do these “help” in determining a vehicle’s real value? When we turn to the web for prices, it gets even more elusive. One web site places a retail value on a car at $18,000. Another puts it at $21,000. What should we believe? If sellers are looking to get the highest price for the car they’re selling, and the buyer wants to get the best deal possible, is there such thing as a fair used car price for both parties? The answer is yes, but both parties have to be on the same page. We’ll call this “page” Fair Market Value. That being said, how do we interpret the market to determine fair market value? Since most sellers and buyers are going to try to interpret the market to his or her advantage, let’s even the playing field. One of the most profound remarks I’ve heard to establish a better playing field for used car pricing comes from industry expert and owner of Medway Imports, Barry Roth. He states: “To find market value, you need to take all the pricing data you find for a particular vehicle and throw out the high and low prices. What’s left in the middle is where you’ll find a fair market value.” While this doesn’t address the used car pricing problem entirely, it does remove the unrealistic numbers that many clutch to like the drowning to a life preserver. It moves folks to more reasonable prices according to the market. A lot of time is spent on popular web sites (for better or worse) to “help” determine used car pricing. But one should also follow and watch the market to see what cars are being advertised and sold for—if they’re being sold at all. Used car prices are also determined via auction pricing, and industry used car guides such as Black Book and the NADA Official Used Car Guide. Importantly, even these books don’t settle the used car pricing debate. Here’s a publisher’s note on the inside cover of the latest NADA guide. It states: The vehicle values in the N. A.D. A OFFICIAL USED CAR GUIDE,® are developed by N. A.D. A’s editors based on many sources of information. These include reports of actual transactions throughout each area for which the guide is published. The values in this guide assume a vehicle is clean. Appropriate deductions should be made for reconditioning costs incurred to put the vehicle in a salable condition. An exceptionally clean vehicle or one that bears a guarantee, warranty, or manufacturer certification should bring a premium price. Please read your guide carefully when determining the value of optional equipment. N. A.D. A.’s editors believe that most optional equipment has little or no value on older cars. This is especially true of options that cost relatively little when new and which deteriorate with age or use. Only the more popular vehicle options are listed in the guide. Unless otherwise stated, all vehicles are assumed to be equipped with automatic transmission, air conditioning, compact disc player (and/or AM/FM stereo cassette,) power steering, rear window defroster, and tilt steering wheel. For other standard options, please review each vehicle’s listing. As you can see, even the most respected used car pricing guide “assumes” quite a bit, leaning heavily on the “opinions” of its editors to determine “appropriate deductions” and thus the ultimate value of a particular car. So where does this leave car buyers and car sellers? After both parties throw out the high and low prices, it leaves them in the middle of the market. This is where they’ll each get a fair shake(assuming vehicles are “clean”). Finding and picking a good or “clean” car is another story.
When looking for a good second hand car the internet can prove to be a valuable asset. There are literally thousands of sites which list good quality second hand cars and provide easy used car search options to help you get the car you want. So how can you get the best out of your used car search and your experience online? The first decision you have to make is the type of car, model and make that suits your lifestyle and your budget and then fix a price in your mind which you are willing to go up too. The majority of online used car searches will let you compare makes and models within your price range and give you a variety to choose from. They also allow you to select cars within your local area or by postcode if you are not willing to travel too far. While the internet can save you a lot of leg work, one thing the used car websites cannot always tell you is how a particular car handles, so it is essential that you learn as much as you can about the particular model or make of the car you are interested in. There are many online resources which rate cars, so this could be a good way to do your research. One of the valuable tools the internet provides as opposed to looking in your local newspaper or free ads, is the ability to not only search through a huge amount of cars but also view multiple photos of the car which gives an excellent indication of the condition of the car. Finally, while you are able to search virtually anywhere in the country, take into consideration the cost of travelling to the area to view the car and take it for a test drive.
Since hybrid cars are slowly becoming all the rage for those who are seeking to promote energy independence, it should come as no surprises that deal minded individuals are looking to purchase used hybrid cars. Of course, used cars have their positive and negatives and associated risks. When it comes to purchasing used hybrid cars – or any cars for that matter – there are instances when purchasing a used can be quite a deal. In other instances, purchasing used cars can be a complete disaster. Ultimately, the positives or negatives associated with purchasing used hybrid cars will b based upon the prior owner of the car and the actual condition of the car. It has been said to avoid purchasing used cars because purchasing used cars is the equivalent of purchasing “someone else’s problems.” In other words, the mechanical defects of the car that currently exist will become the new owner’s problems and the need to repair these problems will be pawned off to the new owner. There is truth to this in the event that the car has mechanical problems. If the car does not have mechanical problems, then there should be no issue to contend with when purchasing used hybrid cars. Probably the best way to avoid any associated problems with purchasing used hybrid cars would be to seek a car that is being offered privately by a single owner. This is not to say that one should avoid purchasing a car from a dealer or a lot, but potential consumers need to realize that purchasing from a single owner as opposed is a somewhat safer venture. Of course, in order to get the best deals on a used hybrid car, one needs to search for a hybrid car that has been established in the marketplace as a top of the line car. After all, a car that has a reputation for possessing high qualities would be a better purchase than one that is notorious for a multitude of problems. Of the hybrid cars, the Toyota Prius is one of the best reviewed models. The status of the Toyota Prius has reached “loftiness” mainly because it has consistently received top consumer reviews and has an established track record for being a reliable car. As such, a used Toyota Prius may be a solid choice if you are shopping for a used car. For information on buying and selling new and second hand cars and bikes visit bharathautomobiles/index. php