Tuesday, January 20, 2009

Looking For Cars Online and at the Auto Dealership

What is the first thing you do when looking for a new vehicle? Do you just walk into the showroom, wander around for awhile, point at a car and buy the asking price to drive it home? Of course you do not do that.You do research. You find out what the dealer’s cost is compare to the sticker price. Where can you do this research and now possibly do your purchase - online.

Auto dealers are finally smartening up and learning that people like to shop online. Ebay has figured that out and their Ebay Motorssite is a very popular way to purchase a vehicle, especially a vehicle that is not usually available in your area. They have also realized by now that people research vehicles online before purchasing.

The first ones to determine this were the car manufacturers. They have put on their sites ways in which a person could not only look at all the vehicles that they offer for purchase but all the specs as well. You can now “build your own” vehicle on many manufacturer sites. This shows you what your new car would look like with different options or in different colors. Who knows better than the manufacturer what your car should look like?

Next manufacturers have introduced ways in which to have you contacted by the local dealership or better yet ways for you to be guided to a local dealerships site. At the local dealership site begins the next process. You have found the car model you want, the color you want now you just need to find that in stock.

Local dealerships, if they are smart, now have their inventory online. If you are lucky they will have both new and used inventory online. Not a bad way to compare new prices to what previously owned ones are going for. If the used car is certified that usually means it will have a decent warranty included with it.

Now with the inventory checker you can find if the car you want, with your options is actually on a lot in your area to test drive. This is much better than driving from dealership to dealership and walking the car lot yourself. If you want a black truck and the closest dealership only have white and red ones available you know to keep looking.

What is the next step we would take as consumers? That is easy, ways in which to purchase a car through the dealership online. If you have seen what you want enough times in person but just cannot stand to barter with the salesman, wouldn't itbe nice to do the bartering online?

Online sales by dealerships are possible. Ebay Motors shows that bartering online can be done with success. There are companies that will find the best price for a certain vehicle for you and contact you. This is all done online. Hopefully the dealerships will understand the consumer side of this and it will become the new way to purchase a vehicle in the future.

How To Make Money With Previously Owned Vehicles

People in America love their cars. Millions of cars are bought and sold each year. With the price of new cars more going up and up each year more people are buying used or a better term - previously owned - vehicles. Here lies an opportunity to make extra money for your family. Learn how to make money by buying and selling used vehicles.

Stocks were the big thing in the 1990s and now “flipping” houses are big in the 2000s. Flipping in this case means buyinga property putting some money into it and selling it for a profit, usually a pretty big one. Buy previously owned cars, improving them and selling them might just be the next big money making idea.

The first step is to find out what your state requires of you for this venture. Most states call for you to have a dealer’s license if you buy and sell a certain amount of vehicles for profit within a certain amount of time. You can research the requirements online or go to your department of motor vehicles office to get this information. It is important to get the correct licenses, insurance policies, permits, and so on. Do not let the requirements scare you off. Once you fill out the correct paperwork you should be on your way to the next step.

What you do next is to find cars to purchase for under retail or “blue book” value so that you can make a profit. You need to start out with an idea of what type of vehicle sells well in your area. Find out what the best selling cars are nationwide and what is most popular in your area. Once you have an idea of what type of car you want to buy there are various ways to find the car you should buy.

Classified ads used to be just in local newspapers. But with technological advances you now can find these ads online using the Internet. With the Internet you can look for a certain make and model with little difficulty. Buying from a private party through a classified ad is one of the easiest ways to find a car for a good price.

Besides local newspaper classifieds being online there are other sites you can look for cars on. Two of the most used sites are Cars.comand Autotrader.com. These sites can be very helpful even for researching and comparing cars you are interested in. You can also search out of your local area if you want to buy from farther away.

Auctions - Now a day there are many types of auctions you can participate in. OnlineAuctions are getting bigger and bigger each year. The best known auto auction site online is probably EBay motors. If the car you want to bid on here is local you should be able to go and take a look at it before buying. If it is not local than be sure you ask questions and know the exact condition of the car and the transportation costs before bidding. Auctions with no reserve are probably your best bet with online auctions.

Public Auctions are also available for you to go to. These types of auctions are open to the general public so you do not need a dealer’s license. Public auctions might have a preview day for you to go and check out the quality and functionality of the vehicle or you might just need to show up a few hours early to find this out.

County, city and states have public auctions. So do school districts, police and sheriff departments. A lot of the vehicles available will be well maintained fleet cars. Other vehicles will be repossessed that might just need a little TLC to get them looking good again. Public auctions are worth a look at to find cars below book value.

Federal government auctions are basically like your local auctions except you might have to travel further to find them. Most all areas of the government have fleet vehicles that they sell annually. These cars are again usually well maintained and sold for a decent price.

Estate auctions are another type you might consider. These are usually found in your local paper and will list if any vehicles are being sold. If possible try to see the vehicle before the actual auction date.

Dealer’s auctions can be a great place to find vehicles for way below wholesale. As the name implies you will need your dealer’s license to purchase a car. The cars found at dealer auctions are mostly trade-ins, rentals or private companies old fleet vehicles.

When you find a vehicle that you believe would sell well in your area be sure to check it out. The worst thing you can do is buy a car that you will spend more money in repairs than you will make by selling it. You do not want a car with major bodywork problems. Minor problems that can be waxed or polished out are fine.

You do not want a vehicle with serious mechanical issues either. Vehicles that appear stout but need cleaned up are the best. If it is sound mechanically you can also put on a new paint job for cheap or better yet polish and wax the car. Make sure the tires are clean and attractive. Clean the interior. Buy new mats for the floorboards. If the engine is stout and the car looks clean you will make money when you sell the car.

Once you have the car looking its best it is time to sell it and make some money. Go about selling it the same way in which you bought it. Place an ad on an online classified site or your local newspaper. Try to include a picture that shows the best qualities of the car. Pictures are very popular online and can sell the vehicle without you even saying a word.

If you love cars why not start making some money out of buying and selling them?Do your research, find the right car, get the lowest price, fix it up a bit and resell it. Remember not to buy a car that needs too much money put back into it and don’t over do it by buying new tires or rims that the car does not need. You want to make what you put into the car and much more.

Helpful Hints On Buying A New Or Used Car

When buying a car you can be either Sally Simple or Susan Smartie. Sally Simple will go to a dealership and find the car she wants and ask the price. Sally will believe the marked price, on either a new or used car, or what the salesman has to say. Now Susan Smartie goes to shop for a car after researching the type of car, the options she does and does not want and knows what the pricing should be. When buying a vehicle you will want to be Susan Smartie and not Sally Simple. Here are tips on how to be the smart one armed with facts and figures when you go shopping for a vehicle.

First you need to decide on what type of vehicle you need. Do you need an SUV, truck or 2 or 4 door sedan? This is the first thing you will need to know so that you can research the different styles of the type of vehicle you want to purchase. For example if you want to buy a 4 door sedan you will be able to research and compare the different types out there for you. You will learn that a Honda Civic and VW Jetta both fit your car type but come with different options. You may even make a list of what options you want on a car. Concentrate on cars that then have the options you want and stop thinking about the ones that are out of the running because they do not fit your criteria.

After you know what type of vehicle you want the best way to start researching is on the Internet. For new cars there are many sites out there that can give you the specs of the car, tell you what options are available and what those options should cost. They will even show you what color options are available for the exterior and interior of the car you are interested in. MSN has an Auto section that breaks down the pricing for the options, extras, and everything to give you a total price. This total tells you not only what sticker price or manufacturer's suggested retail price (MSRP) is but also what the dealer’s costs are. What you want to do is to memorize this information or print out the costs and keep them with you as you go to the dealerships.

With this information you can go to a dealership and easily barter to bring down the sticker price. If the salesman states that a certain option cost $500 but you know they real cost is $250, let him know. He will find out right away that you know your facts and they should be a lot more honest about the price that you can get the vehicle for. Remember the dealership will need to make some money so it is unlikely you will be able to get the price down to the dealer’s cost but you should be able to get it to a $1000 or $2000 above it and that should be a decent savings from the sticker price.

Do not let the research stop at the price, even if that is the most important thing. You should also research the different model types (one car can have 3 or 4 types available), options, safety tests, repair records and dependability. You might also check what previously owned vehicles of your chosen type are selling for just to know what the depreciation will be like.

Get out your library card; it is time to drive to the library. If you do not have access to the Internet, than begin your research at your local library. Once you get there you might find they have free Internet services and you can do the above researching. Even if you have done Internet research the library can still be helpful. Most libraries have a magazine section that will help you. Consumer Reports give annual reviews of what cars they find to be the best. This can be especially helpful for seeing what the repairs rating is. Ideally you want to purchase a car that does not have a history of needing costly repairs. Other magazines have test drives that last for months so they can really give you a feel for how a car will run not only on the day you buy it but 6 months later.

You might be thinking but I’m not buying a new car, how does the information above help me? Well you can use both the Internet and library to research a used car as well. On the Internet you can look up such sites as Edmunds or Kelly Blue Book which will tell you what used cars are worth for retail, trade-in or through private parties. They also give information on new cars so you can get a sense of what depreciation has occurred.

Even when buying a used car you will want to go into it with research. You definitely want to know what the going rate is for the particular vehicle you are interested in so you are not taken in and pay too much. If buying from a private party be sure to ask questions and get the maintenance records for the car. The first and best question to ask a person is why they are selling their vehicle. You certainly do not want to buy one that the person says they are tired of it hounding them with repair bills.

Now that you have your research done for your new or used car it is time to go out and see how the vehicle feels. You will want to definitely test drive the car you plan to purchase. Just because the outside looks good and the inside looks comfy does not mean that it is. Make sure that the inside is comfortable to sit in. If the back seat is to be used by adults or kids make sure there is enough leg roomfor them.

Take the car out on the road. Try to be able to drive the car in different conditions if possible. This might take a couple of trips to the dealership. If you are buying a used car this may not be possible so make the most of your first test drive. Take the car out on side roads, the freeway, stop and go traffic, hilly streets, wet conditions and dry conditions. If you are able to do some or all of this you will get a real feel for the car and if it handles like you want it to.

Buying a new or previously used vehicle is a big decision. It is probably the second most expensive purchase you will make, your home being the first. So this is not a situation to go into without the proper information. If you are well prepared you will not feel as pressured either at the dealership or buying from a private party into making a rushed decision. Remember to be Susan Smartie and not Sally Simple.