The
Used Car Advisor is your complete guide to
buying and selling used cars. Learn how to get the best car
deals, find cheap cars, sell for the highest prices, choose
cars for teens, watch for common scams and dealer tricks,
calculate loan payments, get advice on auto insurance and
car warranties, find out how to lease a used car, get safety
and reliability data, and learn how to find salvage or damaged
cars.
Buying
and Selling Used Cars Online
The Internet
is a vast marketplace for buying and selling automobiles. So vast,
in fact, that it rivals many of the other more traditional media
such as newspapers and " trader" magazines. The benefits?
If you're a buyer, your model and price choices are immense. If
you're a seller, your marketplace of potential buyers is huge. ——
Two of the best places to find used carsonline
and to get prices is CarsDirect
and UsedCars.com.
Simply plug in your ZIP code and the kind of car you want, and get
a list of local cars from dealers and individual sellers. Be sure
to search both services for best prices.
Nice
Car. How Much Are Payments?
Since the size of your used car payment depends on a combination
of price, how much you can pay down, the length of the loan, and
the annual interest rate, you need a special loan calculator to
tell you what your monthly payments will be. Try out this new full-function
online calculator. It's easy and free. Car Payment
Calculator
Free
Cars! Really?
Yes and no. Of course, nothing is really free, but there
are companies who will pay you to drive your own car, or give you
a new car to drive. So how does it work? What's the catch? How do
you apply? Free Cars - Real Deal or Scam?
Cheap
Used Cars
Buyers who are looking for cheap used cars have their work cut out
for them. Though there's no shortage of supply of low-priced cars,
it's difficult and time-consuming to find one that will be dependable
and economical to drive. We provide some helpful tips for those
looking for inexpensive used cars. Cheap Used Cars
Do
Your Own Car Problem Diagnostics
Anyone with a PC or PDA can now do their own problem diagnosis on
their vehicles. All newer vehicles have an on-board diagnostic
(OBD) computer that tells dealers and repair technicians exactly
what's wrong with your car when you are having problems. What most
people don't know is that they can do the same thing themselves
— faster, cheaper, and just as accurately. Onboard Diagnostics Demystified
Need
Extra Money for a Car?
Many people who need a new car are stretched for extra money. Some
turn to second jobs or expensive loans, but there are easier ways
that often get overlooked. The Internet offers literally hundreds
of ways to make money. Many require almost no effort. Making
Extra Money on the Internet
New
Car vs Used Car — Better Deal? It's
usually assumed that a used car is always the least expensive option.
Not necessarily true. Always compare new car prices before you decide.
With the aggressive dealer discounts, manufacturer rebates, and
low interest rates now being offered on new cars, it is very possible
a new car could be the better deal than the same
car that's a year or two old. To find out, get a few free new-car
price quotes online for your comparison. We suggest InvoiceDealers,
CarsDirect.,
and Edmunds
—— Leasing a new car could be even
more economical. Lease payments on a new car can easily
be less than loan payments on a 3 year-old used car, and with no
down payment. But be sure to read the Lease
Guide first.
Best Used Cars Online?
There are a number of web sites that allow you to search for used
cars online. However, the best we've found is UsedCars.com.
If you find a car you like, it's easy to get prices, see vehicle
details (with photos), and make all the arrangements online from
your computer.
Another excellent source ofl
used cars online is eBay
Motors. The site has thousands of people selling used
cars every day.
Best
GPS Navigation System for Your Car?
Go to GPS
Navigation Systems to get buyer reviews, ratings, descriptions,
and discounted prices for types of car navigation systems. Find
out which are the best rated and the best sellers. This is the best
source for GPS products on the Internet.
Legal
Problems? Parking
tickets? Small claims court? Consumer protection issue? Problem
with car seller? Victim of scam or fraud? Credit issues? Car warranty
problems? Want to cancel a contract? California law? ———
NOLO.com
is the most highly respected source of do-it-yourself legal advice
and information in the U.S.
Hurricane
Damaged Cars - Problems and Opportunities
Thousands of
new and used cars were damaged (car gif spacer used) or declared
total losses in the recent hurricane on the Gulf coast. Many of
these cars will reappear and be offered for sale by scammers who
will hide the damages, which makes it very important to always get
a vehicle history report before buying. However,
these same cars, purchased at fair prices with damages properly
disclosed, can be great deals. For more details, see our article,
Damaged
Cars, Flood Cars, Salvage Cars.
Watch
Your Prices
Used car prices
can change from day to day. One of the greatest factors that affect
used car prices are new-car prices. If a car manufacturer is offering
highly discounted prices or rebates during a new-car sales promotion,
the value of similar used cars goes down, sometimes dramatically.
The lower prices may last for months after a big promotional campaign
due to the large number of trade-in vehicles in dealer inventories.
Used-Car
Dealer Trickery - The Virtual Car Scam Used-car
dealers want to sell you the cars they have on their lot, not the
car you actually want. Here's an interesting article that shows
how dealers can use Internet technology to pull a fast one on you.
They can make it appear on their web site that they have thousands
of "virtual" cars, including just the one you want, but,
in fact, they only have a few. It's plain old smoke and mirrors. Virtual Used Cars on the Web
Used
Car Loans and Financing
Used-car loans are different in many ways from new-car loans, and
it can be harder to find good deals. Since the lender considers
used cars a higher risk, you may have to pay a higher rate. And
that rate will depend on your credit score. DriverLoans.com
is a company we recommend for the lowest rates on used car loans. Auto Loan Advisor
Used
Cars Have Dirty Little Secrets!
Buying a used car is like buying a pig in a poke, to paraphrase
an old saying. You don't know exactly what you're getting because
you don't know where the car has been, what its been doing, or if
it's had problems. It could be flood damaged, salvaged (previously
totaled), or been in multiple accidents. It could have been someone's
new-car lemon bought back by the manufacturer and now being resold.
Getting a CARFAX Vehicle History Report
is how you find out about these dirty little secrets. These reports
have become commonplace and essential when buying or selling a used
car.
Odometer
Rollback Cheat
It's a persistent problem in the used car business, even if buying
from an individual. Any vehicle's mileage can be rolled back (yes,
even the new digital odometers) to artificially increase
sale value. There are companies who openly advertise odometer
rollback ("calibration") services on the Internet. How
can you tell if the odometer has been tampered with? Getting a CARFAX Vehicle History Report
is the best way because it shows mileage history, which can be compared
to current mileage. Otherwise, you can look for signs of wear on
seats, pedals, and carpets that seem inconsistent with the odometer
reading.
The
Foreign Car Buyer Scam
You get an offer from someone in Africa or another country who wants
to buy the used car you've been advertising for sale. They send
you a cashier's check for more than your asking price
and tell you they plan to have the car picked up and shipped to
them — all sight-unseen. What's wrong with this deal? Car Buyer Scam
You
Should Mind Your TSBs
Car manufacturers issue thousands of Technical Service Bulletins
(TSBs) every year to their dealers for known problems
and reliability issues with their vehicles. Except
they don't tell you and me. This can be a big problem
if you're a used car buyer, a seller, or simply an owner. However,
there's a way we can get our hands on these important notices. Technical Service Bulletins
Secret
Warranties
New and used car owners can have particular problems that the manufacturer
knows about and will fix for free or at a discount — even
though the original factory warranty has expired. These are known
in the trade as "hidden" or "secret" warranties.
You need to know about the problem yourself before you take your
car in (see Technical Service Bulletins)
and it pays to be polite to the dealer because what he charges you
is at his discretion.
Best
Auto Loan Calculator There are dozens of online auto loan calculators
but we found one that beats the rest of them, hands down, and it's
absolutely free. It even calculates taxes correctly, which most
auto payment calculators either ignore or miscalculate. Auto Loan
Calculator
Ready
for a Hybrid?
High gas prices, environmental concerns, and tax incentives have
created a fast growing interest in gas-electric hybrid vehicles.
Do hybrids live up to the hype? What do owners say about their hybrids? Hybrid Vehicle
Buyer Reports
Which
Cars for Teens?
When it comes to buying cars for teenage drivers, it's not always
easy to get agreement between the teens and their parents. There
are special considerations and precautions that need to be factored
into the decision process. We suggest some models that seem to work
well for both sides. Car For Teens
Leasing
Used Cars - Good Deal or Not?
New car leasing is more popular but used car leasing is rapidly
catching on. Why? Because it makes good sense,
especially for almost-new vehicles that hold their values well after
the first year's depreciation. Many vehicle makes and models fall
in this category, particularly luxury models. But leasing a used
car requires extra care when compared to new-car leasing. Lease Used CarLease New
Car
Government
Car Auctions
Ever
wonder about those government and police seized-property
auctions where you can find cars and trucks for as little
as $200? It is really possible? How does it work? Where do you find
the auctions and what vehicles are available? Government Seized Car Auctions
What's
Your Credit Rating?
When
you finance a car loan with a dealer or loan company, they submit
your credit application to one or more of the three national credit
reporting companies Experian, Equifax, and
TransUnion. Your "FICO score" determines what interest
rate you'll pay, or if you'll be approved at all. Scores above 700
get you the best rates. Below 600, you're in trouble.
Erroneous information in these reports is common.
Equifax,
one of the three major companies, offers an instant online report
of your credit history from all threereporting companies,
plus your all-important credit score (it's their "3-IN-1
Plus Score Power" service).
Car
Insurance - Are You Overpaying?
Most
people are now overpaying for their car insurance, either because
they haven't taken advantage of discounts they deserve, or because
they don't know that there are companies with lower rates and comparable
service. Auto Insurance Advisor
Used-Car
Warranties - Often Overlooked
Warranties
(used gif spacer car) are one of those little "details"
often overlooked when buying a used car. The car you buy may actually
already have a warranty, or not. Watch out for "limited"
warranties from used-car dealers. Extended warranties are available
to protect you, at reasonable costs, but be careful where you buy. Used Car Warranties