It wasn’t too long ago that buying a new hot rod was a local event. You decided what you wanted, how much you could afford, and set out to the local car show, swap meet, or cruise night. If no luck was found there, you rummaged through the local classifieds until you found what you wanted, or you gave up. Your dream car could be just a few hundred miles away and you would never know it. Then came the Internet, and it all changed, for better and for worse. Today, the world is your oyster and you have only to surf the Web to find your pearl. At least it would work that way in a perfect world, but as you know, this rock is far from that. As the Internet is the ideal tool for locating that numbers-matching whatever of your dreams, it also provides the anonymity that con artists and thieves thrive on. Just like dating services that are filled with super models and millionaires, the guys peddling classic American muscle aren’t always what they appear. EbayArguably the most … [Read more...] about Internet Scams & Car Buying On Ebay – Don’t Get Robbed!
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In this digital era where more and more customers are using the internet for much of the process of choosing a new car, and getting loans and insurance online rather than buying them from the dealerships, it has become imperative for car dealerships to evolve with the times to remain relevant. Given the changing dynamics and expectations of customers, it is not just the dealerships that need to evolve but car manufacturers also need to work together with dealers in order to innovate to fulfill these expectations. “Everybody has been using the internet for research and pre-sales, but now more and more people are looking to do complete car retailing online. The ability of consumers to buy a car online in pretty much the same way they purchase any other products is growing. I’m not saying that it will replace the dealerships, but it will support it. Any car retailer needs to manage both channels with an equal focus now,” explains Nick Gill, Global Head of Automotive … [Read more...] about The new art of selling cars in a digital world
Buying a car is a very exciting task for you and your family; it is also one of the biggest investments that you will be making in your life. But a car purchase also comes with a lot of uncertainty. Not all are automotive experts and for most purchasing a car would be the means of transportation for them and their family. Cars may seem desirable in TV commercials and on the front page of the news paper but choosing the right car for you is the most important. Contrary to popular belief, not every dealer is a money sucking vampire but your lack of knowledge is the biggest boon for the dealer waiting to rip you off. A little preparation on your end will keep you aware and informed upon your next visit to the dealership. Here is a list of 10 things that you need to know when buying a new car – 1. Which car should you choose There are 3 rules that you need to follow when making the purchase of your car. What kind of car do I need? An SUV might be desirable but a sedan or a … [Read more...] about 10 Things To Know When Buying A Car
Imagine you have finally decided to buy a particular car after countless hours of research. You go to a dealer and he quotes a final on-road price and you find it somewhat high. Many of us face this situation and we go to some other dealer who also quotes a similar price. So, what makes these dealers inflate the price tag? The answer is simple. They have a margin on your car and a greater margin on the official accessories and specialized warranties. Based on user feedback, we have made a list to help out the average buyer to negotiate and get the best bang for the buck. The Discount Factor – Discounts on cars were often unheard a decade back and people used to buy at whatever rate the dealer quoted. With increasing awareness nowadays, people have started negotiating for the right price and reducing the burden on their pocket. There are some Golden Rules towards a successful rate negotiation, the best one being “negotiate to the point when the dealer asks you to get out of … [Read more...] about Buying A New Car? Tips On Discounts, Negotiations & Checks
Buying a used car is all about luck and as they rightly say luck favours those who work hard. A used car purchase can be a big gamble or a sought after decision. In either case, you will be the one paying for it and more importantly living with it. It’s not a bad idea to purchase a used car considering a four wheeler is a depreciating asset at the end of the day. However preparation towards buying a used car will help you take the right decision on which car favours you the most. Here is our step by step guide to buying a used car in India Step 1 – Select The Car You may have a specific car in mind or from a specific segment that you wish to own. Look for the car that suits your need. Does it fulfill your requirements of performance or comfort? Do you need a petrol or a diesel? Remember even used diesel cars are more expensive than their petrol counterparts. Do you need a 7 seat car for day to day running? What kind of parking space do you have? Do you have any particular … [Read more...] about Step By Step Guide To Buying A Used Car
buy a new vehicle online today in the U.S. the way you can order, say, books, appliances or plane tickets? Well, it largely depends on where you live — and specifically, how robust your local automotive dealers' e-commerce platforms are.The Internet has become an indispensable component of the car-buying experience. According to the 2017 Cox Automotive Car Buyer Journey, 88 percent of consumers go online nowadays before buying a car. They're going to the manufacturers' websites to research models, compare trim and package options, ask questions and submit sales leads. And they're turning to automotive media like Autoblog to read reviews and other news, and to independent sites like the Insurance Institute for Highway Safety to look up safety ratings.But in many cases, the Internet is relegated to a supporting role. That's thanks to laws that vary from state to state regarding the ability to buy directly from the manufacturer, and to the limitations of dealership websites, which … [Read more...] about How to use the Internet to shop for your new car
Buying a car can be a very emotional decision, but buying a used car should not be one! Especially for first time buyers, this is one decision that you need to take cautiously and with proper guidance. Even before beginning your search for choosing the right vehicle for yourself, make sure that you listen more to your brain than to your heart. Always remember, you are not buying a car to oblige anyone nor you need to come under any pressure of finalizing a deal immediately when you see that bright and shiny vehicle that you have always dreamt of. Taking into account of the depreciation rate listed above for a brand new drive, a second hand or used car also depreciates but at a slower rate when compared to a brand new car. This is how it works: The depreciation of a car is at its peak during the first three years of purchase. When you are buying a used car, you will obviously purchase it at a price which has already gone under major depreciation. Now, even if you look to sell this … [Read more...] about Used Cars: To Buy or Not to Buy?
Is the American love affair with the automobile over? Total miles driven in the United States peaked in August of 2007, then dropped during the recession and has leveled off since then, though the economy is growing slightly and the population is increasing. According to the Detroit News, the Federal Highway Administration just reported that miles traveled during the first six months of 2013 continued the trend, being down slightly from 2012.Individual miles traveled actually peaked in 2004, at about 900 miles per driver per month. By mid 2012, that had dropped to 820 miles per month. Per capita automobile use is now about where it was in the late 1990s. Until then, driving mileage generally tracked economic growth, according to U.S. Transportation Department economists Don Pickrell and David Pace (PDF presentation here). Since the late 1990s, though, the when the economy has grown, it has grown more rapidly than car use.Meanwhile, the percentage of young people in their teens, 20s and … [Read more...] about Is America’s Love Affair With The Car Over? Americans Driving Less
Nearly everyone has at least one friend who scouts cars online via eBay or Bring a Trailer, or know a guy whose idea of weekend fun is putting Hoosiers on a Buick Roadmaster wagon. They’re the type of car buyers who’d never step into a typical used-car lot, and for them, perhaps a door-to-door website such as Carvana is the ideal solution.Backed by the used-car dealership network DriveTime, Carvana has been quietly selling cars online since January and delivering them to buyers in metropolitan Atlanta. Now, it’s inviting anyone in the country to pick up their purchased cars at a minimally staffed three-bay garage, sort of how you’d pick up a UPS package after not being able to sign for a delivery. People who come from more than 250 miles away even get a $200 travel voucher toward one-way transportation to Atlanta and can be dropped off at the Carvana garage. After a signature, the car is paid for, titled, and registered. If you don’t like your new vehicle, … [Read more...] about Carvana’s ‘Used-Car Vending Machine’ Is a Novel Idea (That Makes Us Nervous)
Salvage and rebuilt vehicle listings on Craigslist (and other classified sites) are ubiquitous. They often manifest themselves as late-model metal with low prices and even lower standards of ad copy.But have you ever wondered how those vehicles end up on Craigslist in the first place? What happens to a salvage or rebuilt vehicle between the time it’s sold at auction and its first appearance on your local classified site? Before the auctionThe perception of a rebuilt salvage car leads many to believe that an unscrupulous someone found a wrecked car, sprayed it with a fresh coat of paint of dubious quality, then listed it on Craigslist. The reality, however, is very different — at least for sellers who are reputable.After a vehicle is involved in a collision, an insurance company assesses the damage and decides whether or not the vehicle can be repaired within certain financial constraints. If that insurance company deems the … [Read more...] about From Auction to Flip, This Is How a Salvage Car Makes It to Craigslist