Buying my car
Image by jugrote
Fished out this photo of buying my car from Steve, an awesome Greek dude who owned a pizza place and delivered them in a Jaguar. That’s some stylin’ pizza deliveryness, even though he doesn’t give a crap what he looks like regardless.
Question by jas jung: car prices?
Are the prices for the same car (e.g., Toyota RAV4) the same in different parts of the country, or different cities in a state (e.g., Connecticut)
Best answer:
Answer by desperatehousewife
The price is different. Check with www.edmunds.com
Know better? Leave your own answer in the comments!
Car sales in Australia are improved last year 2007, but this year its quiet flipped because of some global problems like the increase of fuel price in International market in the previous quarters of 2008. Australia have a more than 15 million motor vehicles on the road which is about 77% are passenger vehicles. Last year over 1 million vehicles are sold in Australia which is 60% of that was passenger vehicle cars and the remaining percentage are sold SUVs.
According to the car sales from November, 2007 to November, 2008, the car sold are seasonally adjusted depends on every month of the year. And it depends also into the car sales of every city in Australia. Because some of the cities have decrease each sales and some are increase. But In general, the sales are depreciate this year because of fuel price. But it doesn’t mean that car sales are totally lowered in percentage, there’s a little bit adjustment only. Because of this quarter of the year, the car sales are on the go for booming it again. Due to the lowering of fuel price in international market, many of car buyer are on the go again to buy some cars.
The most car model sold are Toyota which have an about 22.5 percent share. Next car model sold are Holden who has 14%, and Ford that has 10% market share in Australia. Because of the number of passenger cars in Australia, the most sold car are Toyota corolla which is often to be a passenger car. So, you can notice the depreciation of private vehicles sales. In that matter, the fuel turmoil during the previous quarters of the year is the main reason why the car sales are low. That’s why, car industry are still on recovery in this quarter.
About the sales of used cars versus the new cars, used cars are more sales than new cars. No wonder because all over the world. In car industry, used cars are most in retail because of the economical price of it. If you compare of the new cars, used car price are almost half of the price of the new car. When it comes to the quality of the engine, new car is advantage. But when it comes to the price, used car is advantage. But you need to check the quality of the used car you want to buy. Since it was used already, you are not assure of the quality of it. You need to check the parts of it (Engine, Body, Chassis). Unlike the new cars that you don’t need to check it because it was surely on the good condition. In Australia, used cars are greater in sales because of the lower price of it than the new cars. The best example or used cars great sales are this year 2008. Because or the fuel hike, car buyers are made their own choice to buy used cars in order to get a lowest price. In generalization, the win-win situation when it comes to the car sales this 2008 was in favor of used car dealers.
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The Internet has been touted as the greatest resource for the used car buyer. Prospective buyers can find trade-in, private party, and retail values in a heartbeat. The question to consider, however, is what Internet source is right? The three major sites: NADA, Edmunds, and Kelly Blue Book are clamoring to be the Trusted Authority on used car values. Yet price discrepancies are frequently in the 00′s from site to site. Which web site, if any, is the most accurate source for the used car buyer?
To illustrate the discrepancies, here’s an everyday example: NADA may retail a 2003 SAAB 9-5 Linear at ,996, Kelly Blue Book prices it at ,456, and Edmunds prices it at ,800. These are all retail values, assuming excellent or clean condition. ,456 minus ,800 is a ,656 difference. That’s a huge price difference in the highly competitive used car market.
The retail values placed on many vehicles by these web sites can have even larger price differences – some as high as 00 to 00 dollars. These gigantic price fluctuations can leave a used car buyer spending 00′s extra, depending on which guide he or she used. Moreover, private party and trade-in sale prices do not accurately account for vehicle condition, and less than 5% qualify as excellent.
Vehicle condition is a critical variable. An owner might think his trade-in is in stunning condition and thus worth X, based on his Internet research. An expert may know it needs 00′s in repairs and reconditioning costs.
The answer to “whose prices are right” is that none of the big three web sites reflect used car prices accurately. Most often, the prices are too high on the retail side, questionable on the trade-in side, and confusing on the private side.
So what or who is the real authority? The answer is the Market! The market (i.e., the folks grinding it out everyday in the used car market place – sellers and buyers) reflect true market value. Web sites are guides only. The used car prices from these sources need to be measured against the reality of the market.
Here’s a scenario to illustrate the importance the market plays on used car values. In the Northeast, the banks rely on NADA, used car dealers prefer to use Kelly Blue Book, and used car buyers are turning more and more to Edmunds. Now the dealer will likely want to use the inflated (Excellent condition) Kelly Blue Book value. The buyer wants an unrealistic Edmunds price, and the bank wants to use an under-valued NADA price. In other words, the three primary people in the car buying process – the buyer, the seller, and the lender, are all on different pages. Each player wants the most advantageous price based on the part he or she is playing. The market is the only element that evens the playing field. The point here is to demonstrate that the market is the true source to determine a REAL and FAIR used car value.
In order to get a fair price, according to the market, a used car buyer should aim for the middle. Avoid the highest prices and be realistic and flexible about the lowest. Stay somewhere in the middle to get a fair deal.
If you want a great deal, follow the market closely. If buying from a retailer, eBay and auction prices don’t count, as these are wholesale venues. Check out Cars.com, AutoTrader.com, and some of the other Used Car Sources. See what the vehicle you want (including miles, equipment and accessories) is being advertised for. Again, shoot for the middle!
Use the popular Internet resources, but don’t follow them blindly. You may actually pay significantly more than market value.
Having said all this, this doesn’t mean that used car dealers are going to stop trying to low ball trade-in offers. And of course every dealer wants to sell its vehicles for a maximum. But remember, the same goes for car owners, but in reverse. They want the highest price for a trade and the lowest retail price on a vehicle.
When using Internet sources to determine a used car value, be sure to enter the correct information. This may sound elementary, but option packages, models, miles, color, equipment, engine, transmission, gear ratios…etc, can be confusing. Yet these are important variables that will affect prices dramatically. In short, the wrong information skews the numbers.
Finally, what really needs to be highlighted with NADA, Edmunds, and Kelly, as well as other Internet sources, is that they are GUIDES. They are excellent resources for vehicle information, but weak resources for prices. This is not to bad mouth any of these sites – they are great starting points. Remember, however, that these guides may or may not be in the car buyer’s favor. Fair used cars prices are dictated by the market. Yes, do your research on the Net, but don’t cling to it. Use the Internet only to find the used car market’s middle ground.
Ted Olson is the founder of RepairTrust – a website dedicated to help the auto consumer avoid the pitfalls of the automotive industry. Click Auto Repair Costs to learn more…
http://www.BuyYourCar.co.uk Could Save You up to £10,000 on Your Next New Car
(PRWEB) August 12, 2006
BuyYourCar is a revolutionary new way to buy and sell cars that will upset convention but will dramatically lower the price of cars and significantly widen the options for car buyers. It launched just yesterday 8th August and has been immediately successful.
There is nothing like it anywhere in the UK and it is already making savings of up to £10,000 for car buyers.
Good for car buyers
BuyYourCar enables consumers to buy and compare prices of cars for sale all over the UK. For the first time ever, people can compare the prices and specifications of new cars, used cars, contract hire and lease cars. This is already benefiting buyers by driving down prices and giving them access to the lowest priced cars in the UK. There is also a used car section so consumers can sell their existing car for a record £2.45.
The reason the cars are selling so cheaply is because BuyYourCar by-passes rules that don’t allow dealers to market or advertise their cars outside of their own region. For the first time dealers can compete UK-wide, they can sell their cars for any price of their choosing, not one set by a manufacturer and the increased competition has seen prices tumble. Already, after just one day of trading, the biggest saving on a car is a record £10,937.
New car buyers
New car buyers will be able to specify exactly what they are looking for according to make, model, colour, features and any other specifications.
They will receive the top ten prices and details of how far away the garage selling the car is.
BuyYourCar lists collection and delivery costs so the buyer can decide whether to choose a car that is closer to home but costs slightly more or one that costs less but is further away.
Unique to BuyYourCar, the car quotes are printable so the buyer can take a copy of the quote to their local dealer and barter if they choose.
Used car buyers
Buyers looking for used cars can compare prices of cars sold by private individuals with those of used car dealerships, giving them widest chance of finding the car they want and the greatest opportunity to make a saving.
They can specify exactly what they are looking for according to make, model, colour and features.
BuyYourCar also allows you to sell your car. Sellers can advertise their car to a UK-wide audience for just £2.45, as opposed to £15-30 on all other car sale websites.
Contract hire and leasing
This is a rapidly growing market and individuals who prefer to lease than to buy will have access to an unprecedented wide choice from around the UK – already there are over 1000 contract hire offers on BuyYourCar
For the first time ever, people will be able to compare the cost of the car they want across all options, comparing the cost of contract hire, to buying either a new or a used car to find the best and most cost effective option.
Dave Long, Managing Director of BuyYourCar says, “BuyYourCar will create huge savings for people looking to change their car whilst giving them the widest possible options. Whether you want to buy a new car, used car, sell your car or lease a car it will provide the most competitive deals in the UK. It is a completely open and transparent system and totally unique; no other site in the UK currently offers the benefits to car buyers and sellers now available through BuyYourCar. This website is set to revolutionise the car market.”
To find what savings you can make on your ideal car visit: http://www.buyyourcar.co.uk.
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