Trade'r in? Yup! Nope! Whaaat?
When trading a vehicle there are four categories that will clearly affect the value of your vehicle; (1) Current market value. This is an adjustment amount to the book value that is made by the vehicle appraiser and occurs when there are real time changes in the market that are not readily reflected in current book values. One powerful example is the energy crisis that came along in the fall of 1973. Many consumers panicked (mildly) and began trading their gas hogs for fuel efficient smaller vehicles. As the extent of the crisis and its duration were unknown, and there were no real predictions as to the short and long term effects, most dealers looked on the gas hogs with an eye of concern, specifically in relation to their dollar value. I counseled many buyers during that time, encouraging them to be patient and wait it out. Most of them, nearly all, traded anyway. They received as little as 50% of the book value for their gas hogs and paid over retail in many cases to purchase a fuel efficient vehicle. Many of those people returned to the market within a short period of time and traded their fuel sippers for gas hogs. Again, values were adjusted to allow for the glut of small vehicles on the dealers lot. There are always current market value adjustments whether just at a dealership, in a city, an area, a state, a region, or across the country. These adjustments may be as simple as a dealership being overstocked with used vehicles due to some internal problem; therefore the dealer has to pay less for vehicles currently being traded in. An area may be affected by an economical crisis that overall affects the consumers ability or willingness to spend money. Wars and rumors of war have a strong negative effect on vehicle values, as does the price of fuel. One major factor that affects the value of trade-ins are the deals being offered on new vehicles. The greater the deal on new, the less is paid for the trade. Why? Used vehicle buyers will step up to new vehicles and pass on the late model used vehicles. In many cases payments on a new vehicle may be roughly the same as a one year old used.  Additionally, consumers may determine that they are better off trading their current vehicle sooner than intended, taking advantage of the factory incentives, and driving off in a new vehicle with payments close to where they were, and offsetting maintenance expenditures in the process. (2) Dealership attitude. Vehicle values may be affected simply by some issue within a dealership. An inexperienced Used Vehicle Department manager, a poor cash flow in the dealership, a weak sales force not selling vehicles, and other situations. One thing learned when purchasing at an auction, talking with a wholesaler, or shopping a trade-in to another dealership is that prices vary widely across the board. Realistically I have witnessed value swings by as much as $2000.00. (3) Dealership wants. In some circumstances a dealer may not want your trade. You might have a very expensive trade, the dealer does not want to tie up money in a slow seller and the dealer cannot find a home for it with another dealer. Therefore to make a deal he will hit the trade low expecting to find a home for it at the auction, with another dealer, or attempt to cheap sell it on his own lot. Regardless, the vehicle may bring several thousand dollars below book, your loss. (4) Dealership need. The dealership may not need “another one of those”. Some vehicles are a glut on the market. An example would be the dumping of a rental car fleet at the auction, everyone buys them, everyone has one, and no one needs another one. Dealership want and dealership need may also swing in your favor. There were many times that I paid over book (more than $1200.00) to own a vehicle, knowing that if I did not, someone else would, and I would miss the sale on three vehicles; (1) my vehicle, (2) the trade-in, and (3) the trade-in on that one. Instead of missing business, I would make three profits. It should be clear that; (1) you must know the value of your vehicle to do business with it; (2) the book value is affected by other circumstances, some of which are beyond your control. However, because you know the value of your vehicle you have an idea of where you should be, and by shopping more than one dealership (if you don’t get the value up front) there is a very good chance you will get your money. It is absolute that you use a professional source to determine the value of your vehicle prior to shopping for your next vehicle. If you had a wad of $10.00 bills in your pocket, a big wad, and you wanted to trade them for $50.00 bills, and if you had never counted them, how would you possibly know how many $50.00 bills to get in return for your 10’s? Would you just throw them out there and take back whatever 50’s were offered? Or would you count them ahead of time, separate them in $50.00 packets, band all the packets together, and put in writing the total amount of all the packets, put that slip of paper with your packet, and put one in your pocket? Would you then watch as the other party counted your 10’s, and as the 50’s were counted out for you? Wise folks count their money first, record the amount, and observe while others handle their money! Chuck Norlin is a 41 year veteran of negotiating, a Cal U and General Motors University graduate, and 30 year career expert in the retail vehicle business.
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Defensive Driving Tips On Vehicle Lane Changes
Lane changes can be one of the easiest maneuvers with a vehicle, and can be one of the hardest maneuvers at the same time. Changing lanes requires processing information and making a safe decision well in advance to make the maneuver a simple and safe task. The faster your speed is, the faster you have to process information, which in turn makes it a little more difficult. There are important defensive driving procedures you must do, before making a lane change. Look ahead and plan ahead. If you plan well in advance, the maneuver becomes a lot easier and safer. Checking your path ahead before you consider changing lanes is the number one priority. What traffic and pedestrians are doing ahead of you is the first step in processing information and making a decision. You must always check your path ahead for vehicle traffic changes, and controlled intersections that affect these changes. There are many potential hazards that you should be looking for. You have to be looking ahead for vehicles slowing down and possibly stopping in front of you, and making sure you?re on the look out for pedestrians that may step off the curb up ahead. Also checking for vehicles that may possibly come out in front of you, or from another merging lane. A good indication of what traffic and pedestrians are going to do ahead of you would be motorist signaling ahead of you with a signal and or brake lights. If their signaling to turn, they have to slow down and possibly stop for other traffic or pedestrians, depending on circumstances where they are turning. All this information is important, because it affects everybody in motion. While your checking your path ahead, you have to know what is happening behind you. If you use your rearview mirror all the time, you will always know what is happening around you. Using the rearview mirror, gives you a bigger picture than your side mirrors. Checking your rearview mirror should be done at a glance only. Your main concern is in front of you. When glancing at your rearview mirror, you should be glancing for traffic coming up faster than you, also vehicles signaling to change lanes behind you. They may be picking up speed to pass your vehicle. In order to make a safe lane change, you have to either slow down to let traffic get by you, or speed up to stay ahead of traffic, without going over the speed limit. If you?re doing the same speed as traffic behind you, they won?t catch up to you, unless you start braking. If traffic is doing the same speed, you should accelerate slightly to maneuver over to the other lane, unless there is a good reason not to. Once you know what is happening both ahead of you and behind your vehicle. The number three procedure is signaling to let traffic know your intentions on the direction you plan on maneuvering. The signaling procedure is for communicating to other drivers. If you signal and let other drivers know what you?re doing, they may slow down to let you make the safe lane change. Warning other vehicles of your intention to change lanes, include vehicles ahead of you and behind you. Drivers negotiating to maneuver out in front of you may stay where they are, if they see your signal to move over, possibly into the lane that they want to maneuver into. People do not always do what there suppose to do, so anticipate the worst. Take nothing for granted! It may be a safer lane change beyond traffic waiting to come out, if you have time. You also have to consider not surprising the vehicles close to your vehicle by signaling as they approach the corner side of your vehicle. They may panic and brake, thinking you?re moving over sooner. Wait until they are beside your vehicle and your signal is out of their sight before you signal to warn other traffic behind your vehicle. This seems like a lot of info for just a signal, but communicating with other drivers are important in defensive driving. After you have signaled and you know everything is clear ahead of you and behind. Take a quick glance over to your blind spot, and make sure there is nobody sitting along side your vehicle. Stay in your lane, if it is not safe. When you check your shoulder, it?s only supposed to be a glance. You still have one more important procedure before maneuvering into the other lane. Recheck the lane ahead of you, just before you turn the steering wheel to make sure nobody is stopping or coming out into your path. Once you have glanced over your shoulder and looked forward, gradually maneuver over right away with a slight adjustment of the steering wheel. Only if it?s safe! You do not want to be maneuvering over, if there is a vehicle stopping in front of you, or coming out in front of your intended path. If you cannot make the maneuver right after the shoulder check, cancel everything and start over. The worst scenario would be traveling an extra block in town. Do not make lane changes at intersections. Make sure lane changes are done before and after intersections. Intersections include any crossroad, side road, lane or street. Constantly planning well in advance and constantly using your mirrors, will help you become a better defensive driver. I hope these defensive driving tips help your goal in becoming a safe driver. For more information on this topic, please consult with a family member and a recognized Driving School on defensive driving techniques. Owned and operated a Driving School for several years. Taught over 2000 kids and adults how to drive. 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Buying The Right Spare Parts For Your Car
All car owners want the best for their automobiles. Therefore, they are providing it utmost care through regular maintenance checks. The engine must be tuned-up and checked from time to time, the oil has to be changed, and spark plugs need to be replaced or repaired. This is only some of the ways you can ensure that your car is ready at all times and won?t present any problems when you need it the most. Providing your car the necessary spare parts is very important in regular maintenance check-up. Despite the limited budget for it, you are still entitled to a cheap but good quality car parts. Brand-New Car Parts Of course, if you own a new sports utility vehicle, you also need to provide it with a new set of car parts once it needs repair. Before buying brand new car parts, consider some important points. First is what parts do you need to purchase? You can refer to the catalogue or instruction manual of your car and list down the right model number of those car parts. Next is where will you buy those parts? First option you can go to is your authorized car dealer where you have purchased the automobile. They can offer the right car parts plus discounts and guarantee for it. Aside from those, make sure that the parts they are offering are new and can last longer. Second option is the assorted car parts center. There you will find different brands of car parts. You can ask their sales staff to help you find the right parts that your automobile needs. If you are in doubt that they are selling new spare parts, you can also ask them and let them assure you that they are selling such kind. Second-Hand Car Parts You can also opt to purchase second-hand or used car parts. Before venturing into such options, the following should be taken into consideration: ? Since you are looking for some used car parts, the reliability of its source should be considered. Try to look in classified ads for possible vendors of such old car parts, or you go around the neighborhood and ask for their location. ? There are times that such used parts are only available in dealerships and in a local mechanic?s shop. It will be challenge for you to look for them, and there is always a possibility that the part you need will not match with the part they are offering. ? Always check the compatibility of the old car parts that a seller is offering. Some parts that are needed do not have to be original. There are surplus items or a compatible part from another car brand that you can use. It will be able to save you money for other things. ? If you are having difficulty looking for the parts you need, browse through the Internet especially for some old parts unavailable in your locality. Once you have found the right old car part dealer online, you can check their payment options. Be sure you are ready to accept their terms of reference of the parts that you want to acquire. Either brand-new or second-hand car parts ensure of its quality. Because just like human beings, cars also tends to malfunction if wrong parts are provided to it. Be careful and meticulous in selecting the spare parts needed for your car. Lavinia Snider is the editor of <a href="http://www.carauctionplaza.info">Car Auction Plaza</a>. Get detailed information on car and vehicle auctions.
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