Archive for August 6th, 2009

How To Get An Extra $1500 For Your Trade In

How To Get An Extra $1500 For Your Trade In
How To Get An Extra $1500 For Your Trade In If your’re trading in a car to a dealer follow these steps and get an extra $500 to $1500 for it! Get the wholesale price for the car your’re trading in. This allows you to have a starting figure and know what the dealer thinks your vehicle is worth. Now you’ll know what you can expect to get from your car, but the dealer won?t make it easy. Remember, they’re trying to make a profit, and giving you as little as possible for your trade-in is another way they can make money. They’ll try to bargain down the price they’ll give you for your car by saying: There are huge rebates on the new ones which affects the secondary market. “That’s a nice car, but we have 6 just like it already on the lot.? Oh, that’s an old body style, they’re impossible to sell anymore. Wow, this one’s been through the wringer there sure are a lot of dings and scratches.” Hmmm…it has a lot of miles on it, well have to take it to the auction. Of course, some of these statements might be true, but the dealer is also likely to exaggerate so they can under-value your car. How can you fight back? Here are a few tips: Have your vehicle professionally detailed. Bring all your service records to show the car was properly maintained. Make sure everything works: air, radio, etc. Put a few new car brochures (from other manufacturers) are in your car, plainly visible, so the salesperson knows your’re shopping. If you you follow these simple steps you will guarantee to get more for your trade-in! [ Submitted with ArticleSubmitter Pro - http://www.articlesubmitterpro.com] Gus Skarlis is a former car dealer and founder of Before You Buy A Car. His Book "10 Things You Must Do Before You Even Think About Buying A Vehicle" has helped thousands of consumers save money and time when purchasing a vehicle. This FREE resource takes you step by step through the car buying process. The site is located at: http://www.BeforeYouBuyACar.com
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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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Save some gas money
Conserving gas is not just a great way to save money, but is also our duty to the planet on which we live. You’ll be surprised to read how easy it can be. Keep it healthyOne of the main ways to keep your miles per gallon at their most optimum is to keep your car well maintained. Read your owners manual and follow the schedule it lays out for every thing from oil changes, to total system flush and overhauls. Many dealerships and service stations will remind their customers when it’s time to service their vehicle, taking the guesswork out of maintenance records. Ultimately a car in good condition runs better, requiring less gas to perform.Tire condition is another factor many people don’t consider. Keeping tires properly inflated will ensure that the engine doesn’t waste fuel and will prevent tire tread from wearing unevenly. Get more exerciseVery few people can honestly say they don’t need more exercise, we should embrace the high gas prices by walking and biking to all of our close destinations. Not only is this good for our bodies and the environment but on our wallets as well, it costs nothing to use our feet. Another easy option is living near work, whether it means relocating to eliminate a commute or by finding work close to your home. While it is not an option for many people it is important to weigh options, the cost of the commute could be the justifying factor to eliminate commutes from your life altogether. Membership and creditSome gas stations offer credit cards and/or programs that earn you money towards gas for every dollar you spend, instead of cashing in on those frequent flyer miles, try getting a break on gas instead. Over the long haul chances are it will save you money. Make wise purchasesIt should be a no brainer, but lets hope the next car you buy will be more fuel efficient and cleaner for the environment. Some of us will go super extreme and buy electric hybrids or attempt to turn a diesel into a bio diesel and eliminate the need for petrol. Others will buy smaller cars, and the new and used car market for smaller 4 cylinder vehicles will reflect this fact. Suddenly the safety that the bigger vehicles offer translates directly into money wasted on gas for many families. Plan aheadWasted trips use gas unnecessarily. Before leaving the house to run errands, be sure you have a list of everything you need to get accomplished. Taking a moment to establish the most effective route can save you dollars on wasted idle time and retraced steps. Most of the big search engines offer directions and maps giving the shortest route to your next destination. Note: None of the map services are known for their reliability so use them for guidance purposes only. Parking lotsParking lots are another place where people waste unnecessarily. Being idle is wasted gas, waiting for pedestrians to struggle with carts outside the grocery store wasted gas, waiting for parking spots wasted gas. Head directly to the back of the parking lot, there is more space, less pedestrians and allow for easy in and out because the area is not busy like closer to the store tends to be. It’s all about using common sense and keeping your machine in good running order. These things make sense on more than just a gas saving level, they will help extend the life of your vehicle in addition to keeping it as safe and clean for use as it can be. <b>About the Author:</b> My name is Paige Filler and I'm a creative writer with a love of all things that go vroom. I do my homework to bring thought and innovation into everything I write about the auto industry. You can find more of my stuff at <a href="http://www.cash4usedcars.com/" target="blank">Cash 4 Used Cars</a>, and <a href="http://blog.cash4usedcars.com/" target="blank"> this blog.</a>
Source: www.ArticlePros.com

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