Saira A Varawalla




If you don’t want to spend too much money on a new car and prefer to go in for a second hand model in good shape, Craigslist is surely the place you should be looking first. Craigslist has an entire database full of ads put up by individuals who want to sell their cars and also ads by dealers who make a living out of selling used cars.

If you want to buy a car from Craigslist there are two things you can do. Either you could do a page by page ad by ad search for the model you want to buy under the For Sale section of Craigslist, or you can post an ad for what you want in the Wanted section. When it comes to used cars, again you have two options – you can either buy it directly from the owner, which in some cases is a good option because they sell cheap or you can buy it from a dealer. Buying from a dealer could be more expensive because dealers re-paint cars and mend he engines and have to raise the price to include their costs and their profit margins.

If you want to find a car quickly and don’t have the time to run a page by page search of the hundreds of car listing on the site you can either post an ad in the wanted section or even better get a search tool. Both these methods are better because when you post in the wanted section, people will come to you instead of you going to them. Searching with a tool is also helpful because you can look through as many cities as you like and pin point ads that match your search without going through the useless bulk.

skeeeeter


I’m looking for a used car from my local chevrolet dealer (car not determined yet – just browsing for now). I see lots of nice cars posted on their website, but they all have between 32-65k miles. What is the highest mileage I should settle for when buying a car? Any input would be appreciated. Thanks for the help!

Jackie Jones




A lot of people today dreams of owning their very own car. But, because of the high cost of new cars, a lot of people will usually purchase a used one instead from one of the many used car dealerships existing in the United States today. However, the problem with used cars is that you don’t exactly know what it has been through with its previous owner. You have to consider that there are some people who take good care of their cars, while there are other people who constantly abuse their car to the point that it will become easy for it to break down.

You have to consider the fact that there is no way for you to find out about the current situation of the car. So, if you are buying a used car, what you will want is some kind of a guarantee that will ensure you that the car will not break down the day after you purchased it from the used car lot. To get this kind of benefit, you might want to get a used car extended warranty. Ask the owner of the car dealership about this kind of benefit in order for you to make sure that you will be purchasing a car that is in good condition and one that will ensure you replacement or repair if you ever experience it breaking down.

Now, you are probably asking whether you should get a used car warranty or not. Most people will say that it is a waste of money, while there are others who will say that it is a good investment. There is basically no easy answer of knowing if the used car warranty is worth your time and money or not. In order for you to know if it is worth your money, you may want to ask for a free quote for the used car you plan on buying from a company that sells warranties. After giving you the quote, you will be able to know if the warranty makes financial sense or not.

The great thing about used car warranties is that it will be able to provide you with a fixed budget repair. So, in case it breaks down, you will never have to pay a lot of money for the repairs. In order to file a claim in case your car breaks down, all you need to do is call the company that provided you with warranty. The company will then send a tow truck to tow your car to the nearest repair shop. After that, you need to present the warranty. The repair shop will then call the company which provided you the warranty and tell them about the nature of the repair and the total estimated cost of the repair. The company will then authorize the repair and all you need to do is wait.

As you can see, having a used car warranty will definitely give you peace of mind. So, the next time you are planning to purchase a used car, you might want to try considering buying a used car warranty along with it. With this kind of benefit, you can be sure that you will be protected as a consumer and never experience getting ripped of from what seemingly looked like a great deal.

Tom Tessin




Buying a used car can be a challenge if you don’t know what you’re doing. When you step foot either on a used car lot, or maybe you’re just going to go out and buy from a private seller, you’re going to find that many are out there to get what they want, and that’s money. Since many people get ripped off left, and right, it’s essential to know what you should buy, and how you should buy a car without getting ripped off. You can apply these same techniques to your new car purchases as well.

Know the value: Head to the Kelly Blue Book online. You can do this by heading to KBB.com. What you’ll want to do is fill out the car information, and make sure that the car is worth what you’re purchasing it for. My rule of thumb is that you never pay over the Blue Book value, and also, you’ll want to make sure that you pay at least 15-20% below the value, if you want a good deal.

Test it all over: When you go to look at the car, make sure that you send it to a qualified mechanic. If you can, bring one with you to check it out. He/she may be able to spot something that you wouldn’t have been able to point out. Walk around the whole car, and see how it looks cosmetically. You’ll want to make sure that there’s no rust, no dents, or any scratches. If it’s something minor, point it out, and it may be able to know the price down a little. A simple scratch is fairly easy to fix, trust me on this one.

Drive it: You don’t want to purchase a car without testing it first. Take it for a spin, and make sure that you try all of the roads. You’ll want to drive the side streets, a 50 mph street, as well the highway. This will allow you to test all of the roads to ensure that it’s going to have the pickup, and so that it can handle everything as well. You may find out that after you reach 50 mph, it starts to rattle, and has other problems. This is something that you don’t want.

Ask questions: Just like test driving, ask the owner questions about it. If you want, get a carfax report on it as well. This report is going to show you if it’s had any damage such as flooding, and anything else like that. You’re going to want to make sure that you do your homework. The more questions that you ask, the better it’s going to be for you.

These are really the four things that you’re going to want to do when you’re purchasing a used car. Whether you get it on the car lot, or you buy it from someone private, you’ll want to follow these points, and make sure that you’re smart about your purchase. By doing so, you can be assured that you’re getting a great deal.



Adnan Masood




Craigslist.org is an online classified website that is mostly known for the buying, selling, and trading of things locally. One of those items includes used cars. If you are looking for a good deal on a quality, yet affordable used car, you should checkout the website. But what questions should you ask sellers before agreeing to make a purchase?

Question: Does the car need any upgrades or repairs?
This question is important because a seller is only thinking about getting their car to sell when listing it on Craigslist.org. They don’t want to send interested buyers running with an overload of information, so they tend to leave the bad stuff out. That is why you should ask.

Question: When was the car last repaired and what was fixed or upgraded?
Once again, most Craigslist sellers are focused solely on getting their cars to sell. Many mistakenly believe that highlighting recent repairs would leave you to think it is a poor quality car, but upgrades and repairs can work in their favor. You may be more willing to buy a used car from Craigslist that just had new brakes put on, just got new tires, or one that recently underwent an oil change. After all, this is less money you need to invest in the vehicle.

Question: What was the car used for?
This question and the answer can give you great insight into the overall condition of a vehicle. Of course, it is also important to ask for pictures and to see the car in person too. All car sellers will take steps to clean up their cars, but you can know what to expect. Just because a car was driven 2 hours to and from work everyday, it doesn’t mean that it is a bad car, but it may have more signs of wear and tear.

Question: Can I see the car?
The answer to this question should always be yes. Even if you only spend $500 on a used vehicle, it is still money. A vehicle is an important purchase. Be cautious of a seller who won’t let you see the car before agreeing to buy it. If you are unfamiliar with cars, take someone along with you who is to look under the hood. Take the car, van, truck, or jeep for a test drive.

Question: Are you willing to accept X amount of dollars less?
Buying a car from Craigslist is different than buying a used car at a local dealership, but some practices should still stay the same. You are likely to haggle for a lower price at a dealership, so do the same here. The worst that will happen is that the seller will say no. Even if you can get them to lower the price by $100, that is still $100 more in your pocket.

The above mentioned questions are just a few of the many that you will want to ask when buying a new car. To search for a car with ease, download a Craigslist search tool. In fact, some tools also enable you to search eBay.com too. EBay is another popular website where cars are bought and sold.

ballerinaninja


My son bought a used car on Monday the 23 and it was bought as is, but the car has not run properly since he bought it.It was bought from a used car dealership that we thought was reputable. He had to get it towed because it was over heating and would not run.He called the dealer but they just gave him attitude.Is there a return policy or law that allows someone to retun a vehicle that has given them problems and what are are rights other than the lemon law.He has had the car oct 23 .I need to know if we are protected by conumer satisfaction or anything to that knowledge?.And if we are where can I look for this information?Where can we go to get a free car history? And last but not least we want are money back are we intitled to it?He gave $2000.00Out of $4000.00 purchase price.

Steve Gillman




You might think that used car finance simple involves a dealer, a bank or other lender, and a down payment on the part of the buyer. That is how it works in some cases, but it gets much more creative than that. Let’s look at a real life example, and see what lessons can be learned to apply to making money in other businesses.

A friend of mine used to have a used car lot. He teamed up with a creative used car finance company to sell cars to people who had trouble getting traditional loans. I don’t recall the name of the company, and I may get a few figures wrong, but I remember the principles very clearly.

A typical deal might have started with the dealer taking a trip to the auction. He would buy a car there for $1,200 (wholesale) which might have had a retail value of about $2,200. But because he is making it easy for somebody to buy the car, he can sell it for perhaps $3,000 after cleaning it up.

How does he make it easy to sell at a high price? By arranging financing for the buyer, who typically cannot get a bank loan. How does he do that? With a very creative finance company that rarely refuses to make a loan.

How can they make loans to people who are a terrible credit risk? By putting much of the risk onto the dealer and charging outrageous interest rates. Specifically, in this case, they would finance the $3,000 car at say 20% annual interest. But they also would only forward half of the loan amount to the dealer. The rest would be paid only when and if the payments from the buyer came in.

In this example, then, the buyer might have to pay a $600 down payment. A young couple can put together a couple paychecks to afford this. Payments on the $2,400 loan arranged by the dealer might be $200 per month. As I recall, weekly payment plans might have been available as well, to make budgeting easier for those with weekly or biweekly paychecks.

The loan would be for $2,400, but the dealer would get $1,200 when the sale was made – half of the loan amount. As you can see, the dealer is already okay, since he has received a total of $1,800 for a car that cost him $1,200. In other words, if he receives nothing more he may be able to squeeze a profit from these deals even after overhead costs.

What about the used car finance company? So far they have only risked $1,200, on a car which is worth that much at a wholesale auction. They collect 20% interest on the entire $2,400 however, as well as some kind of “loan processing fee” up front. This makes their real rate of return over 40% annually.

Of course, these are high-risk loans. I heard through the grape vine that 50% of these loans were in default at some point. But the finance company had an aggressive collection team, which called borrowers as soon as they were a week late, and quickly repossessed cars when necessary.

What does that mean? As an example, suppose a buyer ran into trouble and stopped paying after the first eight payments of $200. The principle amounts had been forwarded to the dealer, but the lender would have already collected about $400 in interest and fees. When they took the car and sold it for $1,100, they might net $800 after the repossession fee and other costs. In other words, they broke even on the deal. When you make a 40% return on the good deals, you can break even on a lot of the others, right?

Used Car Finance Lessons

One dealer who had used this finance company was still receiving checks for principle years after he retired, so he liked the arrangement. Despite the high interest rate, the buyers now had a car to get to work in, so they liked the deal, or at least found it better than all other options. The owners of the used car finance company were happy making money where nobody else dared to loan. It was very creative all around, so what specific lesson can we learn to apply when making money in other businesses? Here are three:

1. High-markup products allow for more creativity in marketing and selling.

2. Making it easy to buy allows you to charge more for your product (or service).

3. Finding a way for everyone involved to “win” helps you make money.

There are other lessons in this story of used car finance, of course. For example, in the case of the lender you can see that going where others fear to go opens up new opportunities. Sharing the risk is also a useful way to make things possible that otherwise might not be. Of course, the buyers out there might see the lesson that you pay a lot more when you finance things, and especially when you have bad credit.



Lucy Penn




Look on used car websites and you begin to notice a trend. There is a shortage in the number of used cars on the market which has led to dramatic price hikes. In fact, the price of a used car has increased by a colossal 30% over the past year. This change in the market has occurred because of the government-funded Scrappage Scheme.

In an effort to kick-start the failing new car market the government decided to inject some much needed funds into this industry The Scrappage Scheme got underway in May and has been since hailed as a success.

The scheme not only increased new car sales, but also helped to get old, dirty cars off the road. So the scheme has also benefited the environment as old gas-guzzlers have been replaced by new fuel-efficient cars.

The Scheme has been so successful that it has even been extended until next year. Ford and Vauxhall have benefited the most during the scheme, in particular they saw great sales figures during the all important 59′ plate launch month.

However, although the scheme has helped local car dealers – and the larger manufacturers in particular, it certainly hasn’t benefited used car hunters.

The Scrappage Scheme made the prices of brand new cars seem so appealing that people rushed to scrap there old cars in return for a shiny new one. Therefore, those that would have otherwise sold on their older cars to fund the purchase of their one vehicle have decided to have them scrapped – meaning that the used car market has been severely depleted.

Inevitably, because of the lack of supply, the demand has increased and therefore prices have seen a significant rise.

In some cases, because of the great deals available on the Scrappage Scheme, some people have been able to buy a brand new car for less money than the same model a year old.

This has meant that people looking for a bargain first car are really struggling to find one. The likes of the used Vauxhall Corsa and the little Ford Ka have been scrapped in their thousands – both of these cars have always been a firm favourite among young first-time drivers as they are cheap to insure and run.

As the Scrappage Scheme has been extended the used car market won’t really change until next Spring at least. Once all funds have been exhausted then we will be able if the market returns to it usual state…but then perhaps new car sales will fall once again…

Eric Hawn




Orange County, CA is the second most populated county in California. It is well known for its affluence as well as its attractions. Orange County has become one of the most popular counties in the United States thanks to reality television shows ‘Laguna Beach’ and ‘The Real Housewives of Orange County’.

 

While not all of Orange County shares the same set of morals or the same savings account as most of the personalities on these shows, it has given the rest of the country a dream of what life would be like to live on the beach with a fat wallet.

Many of the cars that are seen being driven in the reality shows as well as a drama ‘The OC’ give the impression that everyone in the county drives a very expensive car. Most of what we see on the ‘Real Housewives’ are BMWs, Mercedes, Range Rovers, and Lexus’. Meanwhile, the teenage version of these housewives, on ‘Laguna Beach’, are being showered with sweet sixteen rides by the likes of Volkswagen Jettas and Mercedes convertibles.

If you were basing your opinion completely off of what you see on TV, you would think that Orange County used cars are nonexistent. However, many of the vehicles that you see on the TV shows are in fact Orange County used cars. The used car dealerships in Orange County usually specialize in high end cars. It is easy to knock about $20,000 off of a top of the line car by waiting for it to have just 5,000 miles on it.

There are also Orange County used cars for the more modest car drivers. These lots usually hold high end cars as well as cars with up to 100,000 miles on them. If you are in the Los Angeles area and are looking for a car, check out one of the used car lots in Orange County for a great deal!



Mizuki Yance




Used car donation programs may not be the best option for many. Before you call me selfish and Parochialistic, for not supporting charity, I want you to read the rest of article and understand why I don’t support donating used cars in most situations. Donating a car may easier since it is just calling a 1800 number. First of all, I donate to charity personally and I strongly believe that donation to charity helps changes many lives and bring in fulfillment in one’s life. Charity is essential for greater good of the humanity, but I would prefer to do it in an efficient way.

First of all, car donation works well only when the car is in good working condition. Let me ask you a question. How many of us donate a good working condition car? We donate it when it is about to break apart into pieces. In most cases, we donate broken cars, and the charity ends up not utilizing it effectively. The result is the auction company that auctions the car end up with most of your money. Not the Charity.

The second reason is conversion. Ask the mainstream car donation charities how much of money they get from the donation reaches the needy. You will be surprised with the % figure you get. Not their fault, and they may not misuse it, but it take a lot of effort to convert your junk into cash. Look at the Charity navigator ratings on program efficiency. You will be surprised that most car charities operate at an efficiency of less than 50% Recently I read a news article about a charity here in my city, which spent 70% of the money in their call center operations alone. And think about their infrastructure required to take possession of the junk you are delivering, (towing) inspect it and sell it.

Third, donors are under the illusion that they get to reduce their tax. This is false. You get to reduce only the income that is taxed. Those are two different things. So what I do I recommend, you do with your used car?

So in a nutshell, If you have a car and in great condition that you are willing to donate and if you find a car charity that has a high program efficiency (greater than 65%) than call that 1800 number. If not disposing it through a Junkyard or Craigslist and donating the cash to Charity is a much efficient option.

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