Best Way To Buy A Second-Hand Car
Best Way To Buy A Second-Hand Car
In the following article I will show you how to find and buy cheap used vehicles. Many people are not familiar that besides buying a used car from private sellers or through used car dealers, there is another opportunity to find great deals - public car auctions. Public or seized car auctions can provide you with excellent opportunities to buy a good second-hand car without spending too much money.
What is a public car auction?
To be brief, various federal, state, and local government agencies regularly auction off surplus, unclaimed, and seized property, including cars. Banks also repossess vehicles from non-paying customers, and sell them through public auctions.
Since there are always so many cars and the costs for storage are enormous, the government agencies and banks are all interested in selling these cars fast and cheap! Therefore, they auction them all off.
Public car auctions are commonly used by many car dealers and resellers who buy up loads of seized cars and soon afterwards resell them for a huge profit. These auctions are real and take place almost every day in various parts of the country. All vehicle types, makes, and models are sold there - SUVs, coupes, sedans, vans, minivans, even convertibles.
But it’s not only car dealers that can take advantage of low auction prices. You can, too. Everyone is eligible to take part in these auctions ” no license is required. Whether you want to buy a car to resell, or you are looking for a car for yourself or a family member, a public car auction is the best place to look for an affordable used vehicle.
How to find public car auctions in your area?
Public car auctions of all types and sizes are held all over the country virtually every day.
You have two ways for locating these auctions in your area:
1. You can find auctions announced in national and local papers or try going to the Government office or local banks and request information about the auctions that they hold.
2. The second and by far the easiest way of finding public car auctions is through an online auction directory service that does the research for you - for a small fee, off course. Fees vary but average around $25, usually a one-time charge for unlimited online access to listings of auctions.
When buying a used car, public car auctions can be a great way to save money. Whether you need a car for yourself and don t want to spend a lot, or you have a teenager with a new license, car auctions offer some of the best values in the used car market.
Before attending any car auctions, be sure to preform a simple search to find if the car you want is available: <a href="http://car-auction.789mb.com/">Public car auction search</a>
Good News About Bad Credit Car Loans
Almost half of all car purchases in America are financed. Couple this with that fact that 30 million Americans have credit problems and you see why there s such an interest in bad credit car loans.
While carrying higher interest rates than prime loans, bad credit car loans are not hard to get. Even people who have filed for bankruptcy can find a decent deal on auto financing if they shop around. It doesn t matter if they buy new or used.
Bad Credit Car Loans - Buying New
For peace of mind, safety and hassle-free driving, there s nothing like buying a new car. When you buy new, you have more control over optional features than if you buy a pre-owned vehicle. You will also get a new warranty that lasts much longer than the extended warranty you can buy for used cars.
The danger in buying new is getting upside down on the bad credit car loan. One way to avoid this is to have a decent down payment “20% or better. Another way is to choose a vehicle with high resale value. This will help slow down depreciation.
Depreciation is the difference between the Manufacturer s Suggested Retail Price (MSRP) when you bought the vehicle and what it s now worth. A $25,000 car will depreciate an average of 15% the first year and between 7% and 10% annually for the next two years. Cars with a prestigious nameplate hold their value longer and are less likely to depreciate faster than the car loan.
Bad Credit Car Loans - Buying Used
Buying a used vehicle makes sense if you want to keep your monthly payments affordable. Since used cars depreciate slower than new cars, they make better short-term collateral for lenders. However, some lenders will decrease the loan s term and increase the rate on bad credit car loans.
When you buy used, you have the chance to get a more expensive model than you could afford if you bought it new. For about the same amount, you could own a new Hyundai, a two-year-old Taurus, or a six-year-old BMW.
Getting a used vehicle from a private party will be cheaper than buying the same car from a dealership. Here are a few questions you ll want to ask the seller:
- How long have you owned the vehicle?
- Has the vehicle been in an accident or repainted?
- When are the next state inspection and emissions tests due?
- How often has the oil and filter been changed?
- Why are you selling the vehicle?
First Things First
With the ease of the online application process at sites like www.buyaauto.com, you can pre-qualify for a bad credit car loan before you start shopping for a vehicle. Make sure to borrow enough money to cover all the costs associated with the purchase such as dealer prep charges, if you are buying new, license plates, title and registration fees, etc.
Remember that total price is more important than the monthly payment. Stretching the length of a bad credit car loan will mean paying more interest. For instance, the payments on a $20,000 loan can be lowered from $500 a month to $360 by extending the term from 48 months to 72 months. However, this will cost about $2,000 more over the life of the loan, or 10 percent of the loan amount.
Mike Hamel is the author of several books and the Senior Writer for AIM Techs, an Internet marketing company that specializes in advanced SEM techniques and developing sites like <a href="http://www.buyaauto.com">BuyAAuto</a>.
The One and Only Off-Road Vehicle Deserves The Best Parts
When we speak of 4-wheeling or offroading one brand quickly comes to mind, Jeep. This iconoclastic auto currently built by the Daimler-Chrysler has an outstanding reputation of being a tough, dependable and terrain chomping machine. Jeeps reputation was first earned during World War II where the US Army and its allies used it as a small general transport vehicle. Jeep didn t sit on its already lofty laurels. The brand has continued to build and develop its off-road reputation over the years following the war. Today the Jeep name is synonymous with off-road performance. For such a durable and reliable vehicle to withstand the dangers and punishment of offroad driving, extremely dependable and strong parts are needed. Many aftermarket Jeep part manufacturers such as Warn, ARB, Bestop, Tuffy, SkyJacker, and Rough Country carry the very same reputation for toughness and dependability, and they should. After all, they ve been used and abused by Jeep 4×4 aficionados over the past 20 years and they ve stood up to the punishment! For those of us dedicated to 4×4 adventure, it is a necessary requirement for our Jeeps to have only the best replacement auto parts and aftermarket accessories made today to maximize the already impressive offroad capabilities of our vehicles. Understanding that our Jeeps deserve the best Jeep Wrangler headlights, Jeep Wrangler taillights. These products will ensure that you have the lighting you need out in the wilderness where visibility is low and your chances of having an accident are higher. We all know it is important to be equipped with the proper auto lights when driving off-road, but having the basic headlights and taillights is not enough when you re out on the trails pounding through the mud, rocks, dirt and snow. Especially when the weather is not cooperating. High performance Jeep driving lights and fog lights will cut through the fog, rain and whatever else you ll run into so you ll be able to see where you re going. Even though the coldest months are behind us, you still need to maintain your Jeep by getting top quality replacement parts when you find your existing parts not in top-notch working order. Doing the best job to maintain your Jeep will help reduce the risk of costly damage by part malfunction or even worse, an accident. Let Xtreme Terrain Concepts help you to maintain your Jeep with quality aftermarket replacement parts and aftermarket accessories. We carry a lot more than just lights. We also offer top quality Jeep Wrangler radiators, Jeep mirrors, Jeep lift kits and much, much more! Click through the links and you ll find out what other auto parts we carry for your 4×4 Jeep.”>
About The Author: In his spare time, Al likes to learn more about one of the true American Automotive Legends, The Jeep. When he is working, Al is a marketing manager for one of the leading on-line retailers of <a href="http://www.xtremeterrain.com/ >aftermarket Jeep accessories and Jeep parts</a>, Xtreme Terrain Concepts. They can be found at http://www.xtremeterrain.com
Show Quality Body Kits
There is a small difference in the outcome of a body kit installed for street use and a body kit installed for show use (less than 1/4 inch difference). In a previous article, “Body Kits - Installing Them Right Scores Major Style Points,” we gave instructions on installing your body kit. Those instructions will give you a good, factory looking finished product. If you are interested in a show quality, perfect finish, these are the instructions for you! We will assume that the body kit has already been sanded and prepped for paint. Now, we are going to custom fit our aftermarket body kit to the vehicle using a technique called “bedding.” To do this, we will apply body filler to the pieces we are installing and use the body filler to fill in the seams. Start by placing some masking tape over the area where the body kit meets the car. Now sand or grind the edge of the body kit to get a rough surface. Apply a good layer of body filler to the body kit using a quick setting body filler mixture. This is simply a mixture of body filler with a higher catalyst to filler ratio, and depending on the color of catalyst (usually blue or red) it will be a dark red or dark blue color. You want it to set in a matter of a few minutes, so once the body filler is added to the body kit, get it in place quickly and accurately. Place the body kit in its final position and hold securely for a few minutes. It may be wise to have some help with this. Once the filler is set and hardened, remove it from the car. Now check to see if the gap is completely filled in. If not, repeat the process until you are satisfied with the outcome. Then sand the body kit smooth by blending the body filler into the body kit. Once sanded, test the fit again. You may find you want to touch up some area, and if so, add a small layer of body filler and repeat the process again. Resand and retest. Now that it is prefect, remove the masking tape from the car. Drill your pilot holes for your rivets (they tend to not come loose and we recommend them over screws) and secure it in place with rivets. Once secured, the car is ready to be painted, and you will have a perfect fitting, show quality aftermarket body kit installation. Be warned. This is a time consuming endeavor, and should only be done by a competent installer. We still highly recommend a body shop install these body kits, but if you have the time and patience to do it right, go for it!
Majestic Modifications is the complete car customization concept, specializing in <a target="_new" href="http://www.majesticmodifications.com">auto parts and auto accessories</a>, cold air intakes and performnace upgrades, <a target="_new" href="http://www.majesticmodifications.com">body kits</a> and exterior accessories, glow gauges and interior accessories, wheels and tires, mobile video, car audio and electronics. be sure to visit the <a target="_new" href="http://www.body-kits.blogspot.com">Body Kits</a> Blog for more information.
How to apply for a new car loan
Having your own car means being independant from others. You can reach places that you can’t reach with a bike, bus or train. There are a couple of decisions you have to make before buying a car: Do you want to buy a used or a new car? Do you want to pay cash, with a credit card or do you want to apply for an auto loan?
Buying a new car has many benefits, you can be sure to get a reliable ride and a good looking car. Maybe you are even able to purchase your dream car. With a good new car loan you can be sure to get the car of your dreams. These new car loans are approved very fast, in a matter of days. Then you can go with your check or credit card to a car dealer and buy the perfect car.
In case you want to apply for a used or new car loan, you want to do some research on this topic first. There are different interest rates, your credit history or credit report and several other topics to gain knowledge about before applying for a car loan.
Be sure to apply for an auto loan that you can pay back. Nothing is worse then giving your new car to the bank just because you were not able to pay the monthly interest rates. You can use several loan calculators to figure out the amount of loan you can afford. Use one of the big finance companies, online loan companies or banks to apply for a car loan. Don’t go for those offers that sound like they just can’t be true. In most cases they aren’t and you will end up in dept.
Guido Nussbaum, Admin of <a href="http://www.autoloancalculatorinfo.com">auto loan</a> a website about auto loan and cars in general. You are allowed to reprint this article including this author box.
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