Ask Away...: Buying A New Car? Selling An Old One? How To Make Sure You Take Care In The Process

Tuesday, February 6, 2018

Buying A New Car? Selling An Old One? How To Make Sure You Take Care In The Process



Owning a car can be very much a luxury these days. Having the flexibility to get from one place to another with ease and without any hassle of public transport can be a real lifesaver. Especially when you have a busy schedule to adhere to. However, it isn’t always a plain sailing process. Buying a car is actually a very expensive investment to make. Whether you choose to buy it with your savings or take advantage of different finance options, it is still an expense and asset that you own. So how do you handle the whole buying and selling process while taking care with it?


Most people invest in a car when they have passed their test. Eager to get out onto the open road and really take advantage of their new found freedom. Normally that first car will be something to help you build up a good reputation of driving for insurance, or something that was a little older, just in case you bang it on something. At some stage you swap that car in for something newer. There are other circumstances in which you might need to change your beloved car. Perhaps needing more boot space or seats as you have added to your family? Maybe you need something more economical or appropriate for work purposes. The reasons behind the change can be endless. What I wanted to do was share with you some of the practical ways to overcome the process, while taking as much care with it as possible.




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Selling your car


As we have discussed already, cars can often be in need of an upgrade at some point. They may have gotten too old, have too much mileage on them or no longer suit your needs. It isn’t a bad thing, but it can be an expensive thing to buy a new car. So often people use their older cars in the way of part exchange, or even decide to sell their cars privately to raise some of the cost involved in buying a new one. So I thought I would share with you some of the best tips to help you get a great sale price for your older car. Every bit of money helps.


Keeping it clean and presentable


One of the first steps to take would be to ensure that you keep the car clean and tidy, especially when advertising it to sell. Even if you decide to take it to a dealership and art exchange it in, it would always be in your best interest to give the vehicle a good clean to ensure you get as much money as you can for it. You could consider giving it a real deep clean and steam cleaning is a great way to do that. A clean and tidy vehicle will look far more appealing to buyers than one that has any trash in the door panels or in the glove compartment. Doing this should ensure that you get the maximum value and shows off your vehicle to the highest quality.




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Thinking of ways to get it from one point to another


Maybe you are reluctant to put any more mileage on to the vehicle now that you have decided to sell it. That is totally understandable, as the more miles that get added the less it is worth. However, you may have found your dream car in another state, or a good few hours a way. You may have found a private buyer for your vehicle but they don’t live close by. This is when you may want to consider other modes of transport for your vehicle. A quick look online should be able to highlight an interstate car transport company that could take the worry out of transporting your vehicle from one place to another. Keeping the mileage where it is, and this also helps with transparency of mileage declaration when selling.


Advertising in different ways


Another thing to think about would be advertising your vehicle in a different way. Social media is now a great way to reach out to people, and so advertising your vehicle on your own status and feed could then be shared with your friends and family, and their friends and family. It a nice cheap way of getting the word out that you have a great vehicle to sell. However, there are other ways to think about advertising so don’t just stick with one route. A sign in the window of your car, and advert in the local paper or in the shop window, also advertising websites online could highlight the best buyers for your vehicle, and therefore maximise your profits.


Being honest and upfront


It is so important for you to be upfront and honest with your your advert descriptions and in person. That might be with a potential private buyer or with the dealership you plan on part exchanging your car with. You need to be clear on things like service history or any tests you have done in the vehicle. Any guarantees or warranties for things like parts and engines, and even the correct mileage. It is also best to be upfront about damage such as dents and scratches. Every vehicle ca get them at some point, even parked up when you are not driving. So it always a good idea to be clear and concise with your advertising descriptions.


Ensuring that it is free from finance


The last thing you need to think about is ensuring that your vehicle is free from finances. This means that if you bought it on HP or via a aloan on the first place, that it is completely paid off before advertising it. You cannot sell a vehicle that has finance outstanding on it. A buyer can and will check, so ensure that you save yourself any embarrassment ahead of time.



Buying your next car


Buying a car can be quite a similar process, instead you are looking out for all the things we have mentioned about when it comes to selling your car. However it is always worth being reminded of some of the basic principles to ensure that you don’t make any mistakes when it comes to the purchase of your next vehicle.


Is the car presentable?


When looking at your potential new car, a good thing to look out for would be if the vehicle wa spresentable. Much like you have taken pride when it came to selling your car, you equally want to see if the same level of care has been applied to your potential new vehicle. You may be buying a vehicle privately, so this is even more important as dealerships do tend to look after the vehicles and present them well on the forecourt.


How does it drive?


It isn’t just about how a car looks, it is also about how it drives. It is so important for you to ensure that you can drive the vehicle comfortable. It isn’t just about the performance of the car that you are looking out for, you also need to look at your seating position, how you feel sat in it, and whether you are comfortable with the size of the vehicle. A test drive is so important to iron out some of these concerns and can really help you choose your next vehicle.


Does it suit your needs?


You may have had a list of requirements when you started looking at a vehicle. You may have found that you have been sidetracked because one caught your eye, or something really felt like the right vehicle. It happens. But the best advice before looking at cars is to have a clear list of what you want, have a negotiable and a non-negotiable list. This will help you decide on the best vehicle to suit your needs.



Do you feel comfortable with the process?


Buying a vehicle isn’t easy, especially if you have chosen to go into a dealership environment. It can be quite overwhelming with the amount of choice you have and even the pressure you may feel from the person you are dealing with. You have to be totally sure you are comfortable with the whole buying process from start to finish. Otherwise it could really taint your buying process and it could also mean you are pressured into a buying a vehicle that really doesn't suit your needs.


How do you want to pay for it?


Finally, the decision on how you pay for it can be a tricky one. There will always be some great incentives to consider buying a vehicle on finance. Perhaps a really low interest rate or extra money off the vehicle. However, you do need to consider your credit rating when it comes to HP or lease agreements. That being said, it is also a depreciating asset, so you may not want to throw all your savings into it. Look at each option and really work out what will suit your lifestyle and your budget.


I hope that these tips help you take great care when selling and buying a vehicle.  photo ScreenShot2014-06-25at102225PM_zps4fdda517.png







2 comments:

  1. These are some best tips, especially to first time car buyers. I will definitely look at this checklist at the time of buying a new car, may be in the mid year.

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    1. Thanks for stopping by. Good luck car shopping :)

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