Increases in the price of gas are accompanied by the increase in the number of fuel-saving scams around. A continuous rise in the price of gas is common news. This is accompanied by an upsurge in advertising exposures for “gas saving” gadgets. These products attract potential buyers searching for methods to maximize fuel efficiency.
Besides the obvious reason, transportation, are there any other pressing reasons for buying a car? Perhaps it is a necessity like requiring inexpensive transportation to and from work. Or, maybe you are a “stay at home” Mom or Dad and need a vehicle to haul children around to school and various other activities. Regardless of your reason, make certain that purchasing the car is for a valid purpose and not just because you want to outdo “The Joneses.”
In this guide we will show you some of the pitfalls to avoid as well as information to make your selection much easier. The following are basic reasons you should consider when making that all important car purchase.
Is it a good buy?
The best time period to buy that car you have always dreamed of having is later in the month. Usually, there are numerous rebate programs and bonus offered by month’s end based on a dealer’s monthly sales quotas. The idea is that, sometimes dealers fall short of meeting their sales objectives. If their performance is assessed by the end of the month this can prove to be good news to most car buyers since dealers now have no choice but to sell vehicles at a price that is lower than their norm. They are pressed to make more sales that will count for their monthly sales and that puts you at an advantage as a buyer.
Peace of mind
Sometimes dealers do a song and dance routine just to make that sale. The result is that often car buyers end up with car features they realize later on they do not really need and a price they actually could not afford. You can avoid this potential stress by always remembering to trust your instincts. If ever you feel in doubt, the answer — don’t — do not let yourself be pressured to making that purchase now.
This is a common strategy of car dealers wherein they compel the customer to buy that car, now, this moment, today!
Do not forget that you should always sleep on it and then decide. This is a lot better than making your mind up now and forever holding your peace.
First Impression
To quote a common cliché, first impressions usually last. Though not always true, when buying cars, you could get many ideas just by observing how car sales people deal with you. Usually, these non-verbal signals are fairly correct enough enabling you to know what to expect from your car purchase.
If at any time you feel that the person selling you the car is not trustworthy or simply do not like him or her, always remember that you have the option to leave. It is advisable that you do not sell yourself too much. Time is precious, especially yours. So do not waste it. You are always free to politely walk away, anytime, anywhere, and in any way you like it. But if there are not many car dealers in your area, you may want to linger for a few moments more and wait until the negotiations you have with your dealer breaks down and you simply have no option but to run off.
The Invoice Price
Another thing to consider when buying a car is the invoice price. Make sure to ask that you see the invoice. If dealers are working their tails off against it, you have enough reason to believe that the car being offered is an unpleasant deal.
Usually, the price on the invoice is the cost the dealer paid the manufacturer for buying the car. This is before any rebates or incentives were included. Once this is known, only then will you have an idea as to how much the dealer could profit from each vehicle sold. Knowing this information could enable one to be more confident then in negotiating the price.
The Manufacturer’s Suggested Retail Price
In layman’s term, this is commonly called the sticker price. This is the price one usually sees in the window of the car that is being sold.
Never ever consider paying the amount stated on the sticker price. This amount is just the starting point to your negotiations with the dealer.
Incentives
There are instances when manufacturers provide the dealers with a little something extra, like money, rebates or a bonus because they are able to sell cars that are either overstocked or undersold. Make sure that before actually purchasing a car, you were able to know if that car you are buying has some dealer incentives attached to it. If so, take off that amount from the car’s purchase price and have yourself a very good deal and hopefully, a very good car as well.
There are many flood damaged cars being sold on the market. Usually, flood damaged cars, SUVs and trucks are placed in salvage yards. Some though, are made spick and span and put into the car market and they will be up for sale. But the problem is, there really are no tell tale signs of flood damage that would give them away. This is because the cars will be restored so they would look almost like new. The damages caused by the flood would be erased or covered. After the changes, the cars will then be sold to unsuspecting buyers who thinks they are getting a good bargain.
Fact is flood damaged cars are being moved by unscrupulous merchants. Consumers can and should protect themselves against being taken advantage of in the auto market. Luckily, there are several things consumers can do to protect themselves from buying flood damaged cars.
The best things a consumer can do to be sure if a car is flood damaged or not is to get the history of the vehicle. You can do this by submitting the vehicle identification number (VIN) of a car to a website which provides vehicle history information. What these websites do is search a nationwide database of car information then gathers research on the car’s title, maintenance record, registration, and odometer. You will instantaneously know if the vehicle has been stolen, has had a troubled past, or has had its odometer rolled back through the report that the website will return. Just a little research on a car’s history will reveal if it has been salvaged, flooded, rebuilt, or is basically a “lemon.”
Prospective car buyers should be aware of flood damaged vehicles being sold on the car market. Why shouldn’t you buy flood damaged cars? Well simply because water leaves a lasting damage. Even if the devices and machines requiring electricity will restore it, it will probably fail sooner or later because mold and mildew aren’t’ easy to remove. And when a car is flood damaged any warranty warrant is voided.
Below are several things you can do to check if a car is flood damaged:
Check for moisture and dirt.
Flood damaged cars usually have moisture trapped and dirt inside the lights. Dampness can also be seen inside the compartment with glovesF, console and trunk so you better inspect these spots. Dirt, which can also be a sign of flood damage, can also accumulate under the hood. Moisture can also accumulate under the seat. Of course, rust is another telltale sign of flood damage.
Smell the car
Mildew can be easily detected by smelling. Mildew often forms on soaked fabrics so sharpen your sense of smell when you’re on the lookout for a new vehicle. Also try to detect other smells that could be caused by flood damage like spilled oil or fuel.
Check if components match
Mismatched component could mean that the component are changed hurriedly after the car has been salvaged from a flood. So try to see if the carpet, seats and stereo components looks too new for the car.
Also try to check if the car has been titled several times from different states, which is usually a hint that its owners are trying to erase the questionable and negative history of the car by looking for spots where disclosing defects is not required or is easily evaded. Cars that are titled several times are usually salvaged or totaled.
Test drive
Of course the best way to check the performance of a car is to take it for a test drive. Check the electrical system including all the lights and the sound system.
Ask an expert
Have an expert mechanic or technician check the car. Have a second opinion if you may. Expert mechanics and car technician can detect flood damaged cars easily than ordinary people.
Remember that in buying a vehicle, never ever take a chance. Buying a damaged vehicle can cost you more than your money. It could also bring serious accident even death. If you suspect that someone is selling you a car that has been flood damaged immediately say no then walk away. The dough you will save in buying a flood damaged car will quickly go away by the headache it will bring.
A franchised new car dealership is a reliable, if not the only, source for anyone who wants to buy a new car. But to those who prefer buying used or previously owned cars, there are plenty of options and sources one could choose from to be able to make that vehicle purchase the perfect one.
1. Know a little about pricing before you buy a used car. Franchise dealers that sell used cars add a certain percentage on the original value of the used car in the market. Markup is also added to the price of the used car at dealerships, which will make the price higher.
2. Determine the many factors that affect the used car prices. Used car pricings are affected by installed optional equipments or the location where you are buying the used car. There are areas that have a high market demand for a certain car. If that is the case, you may get a better deal if you travel outside of the zone to shop around for your car.
3. Find the used car’s true market value at NADA. National Automobile Dealer’s Association releases a copy of used car price guides every year. You may also check their web site to check the current prices of the used cars you are looking for.
4. Cheaper used cars may be found at government auctions. Government auctions happen every year and you may want to check out a checklist of the auction program. It may also offer you guidelines on finding quality used cars at lower prices. You may visit Federal Citizen Information to find out the guidelines in buying used cars from government auctions.
5. Check out the Internet. There are a lot of web sites that provide pricing guides on used cars and also guidelines in finding the right used car for you. You may compare prices; check out the features of the used car and the location where you can buy cheaper prices.
6. Determine if you have a fair deal with the price that is offered to you. Factors that affect used car prices include the age, market demand, overall condition, mileage, interior and exterior blemishes or if the car was maintained well.
7. Beware of trade tricks. Many dealers strategize on the behavior of consumers when buying used cars. Dealers know that buyers will not purchase a used car unless they feel that they are offered a price lower than the original price. Dealers tend to make the price higher than the actual amount and make the buyer believe that they are offering a discount. What the buyer does not know is that the discounted price is actually the original price of the car.
Are you thinking of buying a car but hesitant to approach your local car dealer because you are not sure about the processes of buying a car as well as wary of possible dealership scams? Do you feel that your knowledge about cars and getting great deals is not good enough and you want to learn more about this matter? Then reading these tips will enhance your understanding about dealership scams.
The car dealer and his trade
To have a proper understanding of car dealership scams, you must first have an idea of the car dealers themselves and how they go about their trade selling cars. First of all, the car dealer will not give you a price quotation as much as he possibly can. This is because the tendency of the buyer would be to go to another dealer and the other one will probably offer a lower price thus, the first dealer loses the buyer to the second dealer. To increase their chances of getting you to buy their car, they will try to make you commit to them before they give you the final selling price. On your part, you can do two things: maneuver the dealer into telling you the price quotation or negotiate the terms of the deal with them. If you decided to negotiate with the dealer then be always on the lookout for the following tricks:
Low balling
This is one of the tricks most commonly done by dealers. They will try to convince the buyer that they can provide the lowest possible price for the car thereby prompting the buyer to start negotiations with the dealer. The salesman will probably tell you that you can get the car that you want for a lesser amount but when you are about to enter negotiations, it turns out that you were not promised a lower price after all. It is just an empty promise.
Best price matching
When you tell the dealer that you will try to look around and check other car dealerships, the salesman will ask you to comeback when you get the best possible price and he will offer to match it. By this time, you will probably be too tired and sick of looking around. Chances are that you will take their offer.
Trade in scam
When you have already bought the car, the salesman will try to contact you before your new car is delivered and tell you that the initial pricing of the car was $500 lower and would like to collect the balance from you. If you fall for this, he will get an extra $500 at your expense.
Spraying
What the dealer will do is to pursue you relentlessly until you give up and buy the car. On the other hand, if you decided to buy from another dealer, he will call you and tell you that he could have given you a lower price thus making you upset. To avoid this, you should not hand out your contact number. Some even give wrong contact numbers just to evade very irritating car dealers.
Puppy dog trick
The dealer will allow you to take the car for an overnight or for a whole day, his aim is for you to fall for the car and buy it.
Immediate sale
The dealer will give you a very attractive price but he will also make you believe that this deal can only be made until the end of the day. This will cause you to think too much and in the end, make the mistake of buying the car without checking what other car dealers have to offer.
Extra accessories
The dealer will offer to give you extras like: car mats, window tinting, and other accessories. This aims to stop you from asking for a lower price because of the perceived “extras” that you will be receiving from the dealer. It will slow down the price negotiations and divert your attention away from the price.
All of us want the best deal available and we abhor the notion that someone will take advantage of us through modis operandi like car dealership scams. So before going to the local car dealer, you better have a good idea of what he will be talking about. As they say, only a fool will go to battle unprepared and with no weapons. Your weapon will be knowledge, always remember that.
The Web is a hassle free place to shop for cars. There are many advantages to shopping cars online. First, it greatly reduces the hassle of dealing with car dealers and salesmen. When buying a car online, you don’t have to listen to a dealer talk about the specs of a car. You just have to read all about it in a website. You don’t have to go to a showroom, you just to have to point and click your mouse and you could browse through different make and models of cars. And if you want to take a second look at a car it’s very easy.
The advantage of shopping for a car online is that all transactions can be done without you having to go out of your room. After ordering the car you want and paying the price, all you have to do is to wit for your brand new vehicle to be delivered to the nearest dealer. Some dealers would even deliver the car right at your doorstep (or garage for that matter).
There are basically two types of online car shopping website. One will only get you in touch with a real car seller. This means you have to transact the traditional way. Then there are websites that would take car of everything. Some websites would even deliver the car at your doorstep. Of course this would entail a bigger amount of service fee. And deliveries are made only to nearby areas.
But before you click and buy, you must first know exactly what kind of car you want. Determine the types of car you’re looking for and the price you are willing to pay for that car.
Below are some other tips on how to buy a car online.
1. The most important thing to do is to research. Don’t get too excited. Check on the different packages available.
2. Make sure that the Website you go to is secure and reliable. Most sites would let you browse by car type, by price range or both.
3. If you don’t want to make all transactions online then you could ask the dealer to meet you in person once you found him on the Internet. Upon meeting the dealer, negotiate with him as you would a normal car dealer and then sign the papers.
4. It’s not necessary to pin the model, year and male of the car you want to buy. Just a general picture would do. Determine how you will be using your new car and the reason why you are buying a car in the first place. Ask yourself what features are important to you. Do you give much ore importance to fuel efficiency than speed or vice versa? Are you more concerned about safety features than a good sound system? After you’ve done all these, it’s time to determine your budget. Just how much are you willing to spend for a vehicle?
5. Once you have decided on a brand and model car it would be prudent t6o check on the history of the particular car line. You can easily do this by consulting consumer magazines and websites. You could also check out the website of the cart’s manufacturer (e.g. Ford, Toyota, BMW, etc.)
6. If you cannot afford new models, there are websites hat sells used cars. Popular search engines usually have an automotive section so this is a good place to shop. If you don’t find one here you can try searching using the search string “used car.”
7. Check the background of the website of the online car dealer by clicking on the “about us” section of the site. It is advisable to buy only from websites which has detailed information about the vehicles they are selling. Ask if they have conducted inspections of each car in their lot through independent mechanics. If they have, then you’ll know that that website is a good place to shop for cars. Most manufacturers’ Web sites have detailed information on models, including available options, photos and MSRP (Manufacturer’s Suggested Retail Price).
8. Read reviews about the different make, model and year of cars. A good website must also have reviews and ratings for the cars they are selling. But you should also cross check by visiting independent car sites or sites that do not sell cars or are connected to car companies to get a more objective review.
When consumers buy a car, the seller or manufacturer pledges to vouch for the car. This is a warranty. Federal law enforces warranties to be always available to buyers. It should be made clear to the consumer even when they are just searching for what car to buy or if they are just browsing the internet.
Coverage differs. Therefore, warranties should be checked together with the design, value, quality and other car characteristics.
Warrantees and guarantees often confuse people that are trying to differentiate the two. These two words, although quite similar, have distinct differences in the area of home improvement.
First, the basic terminologies are somewhat different. Warranty is usually attributed to manufacturers while guarantees refer to the labor.
Warrantees are usually pro-rated. This means that the coverage agreements could change as time goes on. Guarantees from the labor sector mostly are inclusive.
Here are some examples:
1. Siding should have a warranty not to crack, sag or buckle.
2. The intensity of colors will not diminish for 3 points or more.
3. Warrantees are transferable to different owners and then changed to 5 years.
4. Require registration.
5. Effects of stains brought about by chemicals or too much mildew due to need for cleaning is not under the warranty.
Warrantees usually offer satisfactory coverage but are not one hundred percent.
What is the coverage of guarantee under one year labor?
Example, a product or service falters in just the first year. It will be changed or fixed without charge. To sum it up, if a high priced product is purchased, the coverage will be 100%. As product price decreases, so does the value of the coverage. It is not the manufacturer’s fault that less coverage is given for cheap products.
Product information and warranty or guarantee inclusions should be thoroughly understood by the potential buyers before signing anything. Always be on the lookout for contractors that adhere to specific brands for a long time. Chances are they have valid reasons why they remain loyal.
Everyone is like a faithful contractor who looks for good service. These contractors are always on stand by to give service. Warranties and product quality concerns also keep good contractors on their toes. On the other hand, bad contractors do not care at all for product quality and warranty. They are always scouting for the cheapest product on sale and totally disregarding the warrantees and services that it could entail in the future.
What are written warranties?
Written warranties are not compulsory under the law but are commonly found in major purchases. Here are some tips to consider in looking for warranties.
• What is the amount of time provided by the warranty?
Always make sure to take note of the beginning and expiration of warranties and also the terms that may nullify it.
• Who is the person in charge of providing the warranty?
The coverage will be provided either by the manufacturer or seller so it should be made sure which of these two.
• What are the specific steps to be undertaken when there is a product failure?
Check if the company, provider or seller will fix the product, change it with a new one or give the money back.
• What are the parts and specific product failures covered by the warranty?
Buyers should thoroughly examine if there are product parts or kinds that are not part of the warranty coverage. Examples are warranties that ask for payment for work done during the repair process. Be wary of inclusions that could be potentially costly or inconvenient. An example of this is transporting a heavy or huge product to a factory for repair or the product should be given back with its original case intact.
• Are “consequential damages” covered by the warranty?
There are warranties that do not include damages affected by the product or based on the time and money spent in repairing the damages. An example of this is when a newly bought freezer bogs down and the food is spoiled. The seller or manufacturer is not compelled to pay for the food.
• What are the warranty limitations?
There are warranties that only give the warranty coverage if the status of the product is maintained as cited in the condition. Certain warranties specify products like washing machines to be used for home use only. If the washing machine is used in a commercial enterprise and breaks down, no warranty will be given.
Buyers should always read the warranty or guarantee terms before purchasing any product if they want to make the most out of their hard earned money.