Showing posts with label car valuation. Show all posts
Showing posts with label car valuation. Show all posts

Monday, December 11, 2017

Tips and strategies on how to successfully sell your car

Selling a used car may seem like a daunting task for someone who is new at it. It involves careful planning and organization. The very first step is used car valuation.This task has become less cumbersome courtesy car valuation online. But in order to gain maximum benefit one has to keep in mind various factors while they sell cars.  Here are a few tips you should keep in mind if you want to sell your car-

·         First Impression is the last impression- This holds true in every case. If I want to sell my car then its outward appearance of the car is what the potential buyer will see in the ads which will make them approach you. So it is of utmost importance that one gives special attention to it to enhance second hand car valuation price.

·         Repair any existing flaws- Any problems that aren’t fixed in advance of a sale may scare buyers away. Its best to get it professionally inspected. However it doesn't make sense to pay thousands to fix them, unless you know your car's resale value will drop by more than the cost of the repairs if you don't do them. If you have a limited budget, prioritize the services and repairs that would stand out most to buyers. Any scratches and dents that may be present should be repaired prior to sale to gain more benefits during old car valuation.

·         Pay attention to interior- People always like to opt for cleaner cars which have been well maintained. Any flaws like dirty carpets, torn seat covers, dirt, stained seats and broken car parts are a huge turn off and a complete no-no for the customer. It is very important for you to convince your potential buyer that the car has been well cared for even if it is old. Retailers help make the car look new again by removing light scratches and paint imperfections, buffing the car, shampooing the carpets, degreasing the engine, and more. 

·         Proper inspection- It is best to take your car to a garage for a state safety inspection to make sure that the basics like tires, lights and brakes are in good condition. Ask them to top up all the fluids and ensure that all maintenance lights are off and the tires inflated properly.

·         Additional modifications- You should always try and top up your car with additional gizmos which may have crossed your mind before. Installation of these can lure customers to buy the used car and thus increase the price in car valuation for which they might have had to pay a larger sum had it been a new car. Needless to say the cost of installation should not exceed the price that you are to receive.

·         Make sure you have all your records in place- If you can show buyers all your maintenance and service records that will go a long way towards giving them peace of mind. Also it’s best to clear any legal records before you sell used car.


·         Good marketing strategy- You should take good pictures of your car from every possible angle for proper viewing of the potential buyer. Write four or five sentences describing the year, make, model, mileage, condition, features and any unique history that buyers will either want to know or will find out anyway. Make sure you advertise it in as many public forums as possible. Also the price should be kept in such a way that it isn’t too high to scare off the client or too low to not be beneficial to you. Always be open to negotiation. Also it is best to respond to your client as soon as possible because most buyers are looking at dozens of cars at the same time and in most cases the first seller to return the call gets the sale.

Wednesday, December 6, 2017

How is Indian BlueBook Car Valuation Calculator more precise than others?

In the modern era, the car is considered as a must vehicle. For a resident of the city such as Mumbai or Delhi, to move to any area, a car can be the best option. Hence people love to have at least one standard car at home. Those who cannot afford a new car, go for a second hand also.
While buying or selling a second-hand car, the car valuation is very important. For ease of valuation for an individual, there are many online tools available among which the IndianBlueBook car valuation calculator is much noteworthy and popular among traders as well as individuals.



Usually, all the car valuation tools are based on simple calculations of years and model type as well as driven kilometers. However, this calculator cares for other features also which as an owner one may have taken care of. The car valuation online is a common trend now as it is used by the seller who may be an owner or even a trader.

Let us find what makes this calculator different than others.

·         The network: The most lucrative feature of this calculator is its wide network from where it can capture the data, analyze, compare and calculate. The algorithm set here is based on more features than any other ordinary calculators in the market, and hence it offers fair value to the car as per the previous years. The most important part of this advanced calculator is its comparison of concerned models in the city and offering the old car valuation accordingly.

·         The data: The huge data on this calculator for second hand car valuation is another strong point of it. The data helps the system to have better analysis on different aspects which can lead to the better calculation of car value.

·         Statistical Model: The advanced statistical model of the used car valuation is the strength of this calculator. It helps the user with all of its statistical calculations and on the basis of the same offer better value.

·         Other factors that calculator considers: In different cities, there are different types, and models of cars are in demand. Many factors affect the sales of a specific car in a particular city. Hence the availability of the same model may be in a high amount in a particular city, and hence the used car valuation for the same may be affected. The passing of a car, car with limited editions, car with extraordinary features are also some of the important features that need to be provided due valuation which usually the tools do not go for.


Hence the IndianBlueBook car valuation calculator can be considered as a gen-next tool that takes all the considerable features into account and offers the valuation. That is the reason why a number of car owners who prefer to sell the car for resale or want to buy a used car first check the valuation on this tool and then deal. 

Thursday, September 21, 2017

HOW ACCURATE ARE CAR VALUATION WEBSITES

With the surge in demand for old cars, it has become a boon for owners of old cars ready to sell them off. New car prices are ever increasing, so a major chunk of the population are indulging in old car purchases. Now these cars obviously need to be in good workable conditions for them to sell themselves. But while for some, having a new car smell is of utmost importance, for others that is not issue as long as the car is able to provide them comfort and convenience for which they are buying the car. Whatever be the car, however old it may be, unless a proper car valuation is done, the deal cannot be sealed. Now this used car valuation can be made both online and offline. But people usually go for a car valuation online to avoid hassle of any kind. And in fact there are a number of online tools available to help you with your old car valuation or second hand car valuation. But the real question is who do you trust?

HOW ACCURATE ARE CAR VALUATION WEBSITES
HOW ACCURATE ARE CAR VALUATION WEBSITES
All car valuation websites almost inevitably talks about ascertaining the market value of the car. Vehicle condition is always a critical variable. When one is buying an old car, he/she is definitely not asking for new car appearance or the new car smell, but a convenience and comfort of drive is the minimum expectation. So the car should be in proper workable condition to sustain a minimum tenure of 2-3 years, otherwise the purchase makes no sense at all. So a website giving information on car conditions is necessary.

There are many online car inspection agencies online which can come with car valuation service providers. So that is also a point to be taken in consideration when the question of reliability of car valuation websites arises.

So if a question arises as to “So what or who is the real authority?”, the answer would surely be – the Market. The market changes every day and therefore the market dictates the true market values of the cars. Sometimes, the car valuation websites gives the market values of some cars to be too high or low and that can pose as a problem.


It may so happen that 3 players of the entire car dealing business, namely - the buyer, the seller, and the lender, are all on different pages, i.e. different car valuation websites. 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.So the only source of getting a fair price would be the market. In order to get a fair price, according to the market, a used car buyer should aim for the middle of the price range offered by the different websites. One should avoid the highest prices and the lowest ones and be realistic about the same, i.e. too less a price should not be considered true. So, it is safer to stay somewhere in the middle to get a fair deal on the car transaction.

Thursday, August 24, 2017

WAYS TO KNOW ONE’S CAR PRICE VALUE ONLINE?

A car purchase can prove to be an extremely emotional event for a lot of people. So it should be dealt with utmost care. So naturally, proper homework is expected from both the buyer and the seller. Both parties should equally and truthfully contribute to make the purchase a success. If a seller cheats his buyer then he/she loses the trust of the client and that is never advisable. Similarly, the buyer is always advised to go prepared and well informed before finalising the deal, because once the deal is closed there is no turning back.

For buyers what is of most importance is assessing the used car valuation and accordingly ascertain the resale price of the car. Only after that can he/she make a lucrative deal. Now there a number of ways to assess the old car valuation and in fact it involves interplay of a lot of factors too.
So to get the perfect knowledge of your car valuation is not so easy. There are a number of online tools to help you guide through it. And this assisted car valuation online aim at allowing car transactions at just the correct price so that everyone wins.

They give you a list of factors that contribute to your second hand car valuation:
  • ·         The price of the car when it was newly bought or it was a second hand car at the time of buying.
  • ·         Age of the car and number of previous owners.
  • ·         The usage or the number of kilometres the car has run and also the mileage of the car.
  • ·         The condition of the car which should include the whole of the exteriors and interiors.
  • ·         It depends on the regions and place of purchases. Some cars are preferred in some states/ cities and thus promise better resale. Also a car registered in one state or city gets comparatively lesser price if sold in a different state or city.
  • ·         It also depends on the season. Convertibles sell better in the summer months while 4x4s sell in winter.
  • ·         Manufacturer or the brand name. It attracts the buyers, wins their trust and also decides the depreciation rates of the cars. Cars manufactured by companies like Maruti, Hyundai, Honda and Toyota offer better resale values in India since these are mass favoured cars. And in general Japanese cars get better resale than the European, American and Asian cars in India.
  • ·         Segment is an important deciding factor too. The depreciation is much higher in the higher segments. A premium luxury sedan depreciates much faster than an economy hatchback. Thus Honda, Subaru, Hyundai and Toyota top the list for retaining higher resale values more than the luxury car brands like Lexus, Acura, Infiniti, Mercedes, and Audi
  • ·         The urgency factor of seller and buyer. The rule is simple, more you are desperate to close the deal, more you lose money. So the tip is to keep calm and not let the seller know about your urgency so much so that they start taking advantage of it. For seller, the buyer’s urgency to get ownership of the car is an added advantage which he/she can exploit to hike the price.



All these parameters are vividly explained in the online tools helping you put a price on your car and thus help you in your transaction. 

Sunday, June 11, 2017

IBB – Indian Blue Book Offers Professional Valuation Of Used Cars

Car valuation is the first step that a buyer and the seller should do before investing and before advertising respectively. First is to know the present price of the car and get all the details. The seller should not hike the price too much and neither the buyer should bargain and offer a lower sum of money than the valuation. Determining the exact car valuation is a must from both the sides. There are several car valuation companies in India and mostly they offer free service for determining the price of the car.
Car valuation is important for the following reasons:
Ø  It provides all the details for the customer who is opting to buy a used car.
Ø  The customer gets all the details form the car valuation chart
Ø  After getting all the details the customer has an idea of what is the actual price and the seller is asking for and whether he should invest or not
The website Indian Blue Book provides this opportunity to the users very easily. One just needs to type the two cars they want to know the features, similarities and differences and they will get their result in seconds. The new launches in the country or used ones all of them can be compared in this website along with a host of other opportunities.  There are a few steps you need to do before you decide to sell off your vehicle. These will only help you fetch a better price in the market and you will be able to strike a better bargain. The procedures are as follows:
·         First you need to go to any car site and type in all the details of your car, mileage covered etc and see the value of your car.
·         Secondly clean up your car completely. Remove all your things, fix any part if it needs to, wash it and if needed colour it too.
·         Thirdly take ample of photographs from all angles of the car both interior and exterior and post it in the site with every information needed to give about the car
·         Fourthly deal with the buyers alone. Do not let a third person come in between because he will charge commission for his task.
·         The buyers will bargain for the price but since you have already checked the value of your car and you have spent money in repairing and other stuffs include that money in the selling price and keep a little profit and say the price and stick to it. No matter how much the buyer bargains do not sell the car without keeping a profit because in future you will get more buyers.
·         Further keep all the documentation ready for the car. Ownership, registration, service papers and whatever documentation you have about the item.
·         When the buyer comes to visit and see the car keep it in a proper condition so that the customer is attracted to the item in first sight. Then point all the positive things about the car, do not miss out any single detail.
·         If the customer agrees to buy then handover the documents after he has paid the full amount.

·         After selling off your vehicle do go to the insurance company if it was insured and inform them about the sale and also from the showroom from you had originally purchased it within a span of 14 days. 

Sunday, May 28, 2017

8 FACTORS THAT AFFECT THE RESALE VALUE OF A CAR

Assessing the resale value of a car is of utmost importance before one wishes to make a deal. Negotiations should under no circumstances bring in a great deal of difference in the price of the car and hence ascertaining the resale value of car is necessary.

There are many ways to ascertain the resale value of your car and there are a number of factors contributing to the resale value :

1.       Brand – The brand of your car is a significant contributing factor to its resale value and greatly affect the same. Sometimes the quality and condition of the car comes secondary to the brand, because it is the brand name that attracts the buyers and wins their trust. In fact the brand name decides the depreciation rates of cars. Honda, Subaru, Hyundaiand Toyota top the list for retaining higher resale values while Lexus, Acura, Infiniti, Mercedes, and Audi fare best in terms of luxury brands.

2.       Performance Parts & Aftermarket Accessories–Before making a deal make sure your car is equipped with all the latest accessories and gadgets available in the market. And if that is not the case, then be prepared to settle for a lesser price. A car adorned with all the necessary accessories like supercharger kits, high-end stereos, custom rims etc. issure to promise a better resale value.

3.       Exterior conditions – It is a given fact that before selling your car you have to make sure that the exterior of the car is not too worn out, because the exterior of your car is what your buyer will see first and any damage to the exterior no matter however small it is will definitely affect the deal.

4.       Interior Condition – The interiors of the car should be as spick and span as possible, because the driving experience and comfort is what matters at the end. And one should get his/ her money’s worth when buying an old car and the very first thing that they look into is the comfort of the inside of the car. So if you have a torn and worn out interior bother to get it fixed before selling it so that you get a handsome resale value on your car.

5.       Mechanical Condition – The car should be kept in a constant and proper running condition. Cars prone to breakdowns after a short drive will obviously fetch a low resale value. Also, be sure to present to your buyer the documents of car services and repairs so that they are aware of the car’s well - being.

6.       Drivetrains and Seasonal Demands - automatic transmissions are popular with the average used car buyer crowd, although manual transmissions are sometimes more preferred. Season is also an important determinant of car resale, for example - Convertibles sell better in the summer months while 4x4s sell in winter.

7.       Paint Colour – some customers can be very picky about colours and it is a fact that some colours sell faster than others. Also cost of keeping up with the colour maintenance can be an issue for the buyers.


8.       Mileage – The last but not the least comes the factor of mileage. It is rather an important contributing factor and it goes without saying that better mileage cars sell better than low ones. 

Sunday, May 14, 2017

Jan Feb or March? What are the best months to sell your car

There are certain times in a year, month or week when you should purchase certain goods. Car is also one of them. Usually companies when selling new cars give some promotional offer during the weekend. Another time when there is high sale of cars is during festivals. In India usually the companies provide some kind of discount and in those two or three days there is huge rush. The same goes for used cars but here the dealers are even smarter. They do not advertise the offers but one has to negotiate well with them for the used car prices.

For buying used car, one should not go to the dealers in the weekend, in the beginning or mid month and also in the beginning or mid of the year.

Similarly if you go to the dealer in the month end to buy a used car you will be able to better bargain with the used car prices. These dealers have a deadline that in one month the will be selling a particular number of cars and usually the number is high and they cannot meet it always. So if you go in the month end days then you can get a better deal as he will be willing to sell the used car at your price then or at the least close to your price. If you go to the dealer around the end of the year, like around the months October, November and December you will be able to better negotiate with the price than the other months. Just like before the dealers have the deadline to meet, the number of sales they do in a year and they will be more willing to sell the car at a negotiable price than the other months. They are also willing to clear out the stock and get new stock in the beginning of the year.
If you go to a dealer during the weekend for buying a used car, then there is quite a lot of rush for buying. Statistics have shown that in India used cars are sold more than new cars and thus the time when you go  to buy the car and there is quite a lot of rush then the dealer will bargain much and will stick to his price. It is considered that Monday is a slow day for business because whatever sale they have on the weekend days like Friday, Saturday and also Sunday they calculate them on Monday. Tuesday and Wednesday are the perfect days to go to a dealer to buy used car. Business is considered to be slow on the beginning of the week and especially on those two days and if you go to the dealer for buying the used car you will be able to get a better bargain.


Thus the time to go to a dealer for buying used car is the beginning of the week, end of the month and end of the year. Instead of January one should go around March April then one cans trike a better deal with the dealer. 

Sunday, May 7, 2017

Costs To Consider While Buying A Car

Buying a used car is not an easy task. Apart from searching a good dealer, evaluating the car well, thinking of the depreciation rate one should also consider the costs too while buying the car. There are certain factors which one should keep in mind like:
·         The cost of insurance
·         Depreciation
·         Taxes and Fees
·         Negotiating a sale price
·         Research the purchase
The Cost of Insurance

An older used car has cheaper insurance rate than a brand new one. The buyer needs to check how much he can spend on the insurance factor.

Depreciation

The depreciation is a very important factor. The new car loses 15 to 20% of its value each and every year. If the car depreciated quite a lot and the buyer is looking for finance for that car then he will be paying more than its actual worth. Because if a car had a certain then over a period of time it lost that value and the buyer will get loan for the actual price but he needs to repay the loan plus the depreciated amount which he did not use.

Taxes and Fees

There are several taxes that the buyer has to encounter like: State and local tax- This depends from which state on belongs to and then the sale price of the car. According to the calculation the state and local tax is added. Department of motor vehicle fees- The registration costs basically depends on the type of vehicle. While buying a used car one just needs to transfer it to their name. A documentation fee- This varies from city to city and one needs to pay this and clear it up.

Negotiating a sale price

This is a very important step. As the dealer always hikes the price amount to a good considerable amount and then asks for the price.  The buyer should research well have a good idea about the price and then go and bargain with the dealer

Research the purchase

Perhaps this is the most important stage while buying a car. The buyer must do a detailed study of the car he wants to own. Right from its value, to the depreciation rate the buyer must know all tiny details of the car he wants to purchase. He should also know its financing options and check how much extra he has to pay. He should do a good detailed study whether to buy the used car or to settle for a new car with lesser options of that range. After deciding then comes the price factor and other factors.


Get True Value For selling a Car

Whenever we think of purchasing or selling an item we think of loss and gain. Similarly when we sell or purchase an expensive item like car we think about the item’s valuation i.e. the car valuation. Car valuation is basically checking the used car’s price presently in the market. For selling the car you need to check the present price of that model, how much is it in demand and what value will you get in return. For selling a used car you will first need to check the car valuation from websites like indianbluebook.com and then follows a few more steps.

·         You first need to go to any car site and type in all the details of your car, mileage covered etc and see the value of your car.

·         Secondly clean up your car completely. Remove all your things, fix any part if it needs to, wash it and if needed colour it too.

·         Thirdly take ample of photographs from all angles of the car both interior and exterior and post it in the site with every information needed to give about the car

·         Fourthly deal with the buyers alone. Do not let a third person come in between because he will charge commission for his task.

·         The buyers will bargain for the price but since you have already checked the value of your car and you have spent money in repairing and other stuffs include that money in the selling price and keep a little profit and say the price and stick to it. No matter how much the buyer bargains do not sell the car without keeping a profit because in future you will get more buyers.

·         Further keep all the documentation ready for the car. Ownership, registration, service papers and whatever documentation you have about the item.

·         When the buyer comes to visit and see the car keep it in a proper condition so that the customer is attracted to the item in first sight. Then point all the positive things about the car, do not miss out any single detail.

·         If the customer agrees to buy then handover the documents after he has paid the full amount.

Thus for selling a used car the first step is to check the present car valuation and proceed with other things. 

Get True Value For Old Car

Any commodity has a value and cars are no exception. There are high end brands for cars which anybody would like to own but there are also good quality cars which have been produced for the larger masses who cannot afford a high end branded car but desire to drive a good quality car. When one is thinking of selling their car they should get an online car valuation so that they know exactly what the present price of the car is after the car’s particular amount of depletion. The old car valuation can be found out from different websites in the internet like the indianbluebook.com.  You need to fill up a few basic queries like model number, brand and manufacturing year and you can get free evaluation. By doing this you will get the exact pricing of your old car and then you know your car’s exact price. After this you can further proceed with clicking of photos of the car in different angles and post it in the internet with all information required. You need to set a price that is close to the valued price and look for buyers and sell it after bargaining and transfer the papers after he has given the money.


Thus the very first step is car valuation and it is important for the following reasons:

Ø  It provides all the details for the customer who is opting to buy a used car.
Ø  The customer gets all the details form the car valuation chart
Ø  After getting all the details the customer has an idea of what id the actual price and the seller is asking for and whether he should invest or not
Ø  If the customer is satisfied then he will proceed with the deal
Ø  If the price is too hiked then the customer will not buy and look out for other dealers and in this way the dealer loses a customer.

As days are passing technology is being more updated and the automobile factory is definitely being upgraded too with the latest technology. The car that one has bought three years back that same brand has bought in much more updated edition both technology and style wise and has given a different name. People will obviously be attracted to buy the latest one and resale their old one. There are many people who cannot afford it but still decide to buy the latest ones. They should realise and keep a check on their finance because with time again the updated version till become old and another version will come up but one needs to think several times before indulging in such impulse buying and this when car valuation plays an important role. Car valuation is thus the first step that a buyer and the seller should do. First is to know the present price of the car and get all the details. The seller should not hike the price too much and neither the buyer should bargain and offer a lower sum of money than the valuation. The buyer should also before buying get a second hand car valuation online before investing. Thus it can be seen that determining the old car valuation is a must from both the sides.


Monday, April 3, 2017

USED CAR VALUATION : SOME USEFUL TIPS

It is often a smarter choice to go for used cars instead of new ones when purchasing cars. And also financial advisors advise on it. But it is very important to evaluate the car you are buying before making the deal legal.

But before going for the purchase one should always check the car of purchase. It is important to research on the car, evaluate its condition, get well informed about the warranties and insurances of the car and then seal the deal.

It is very important to thoroughly inspect a car before you buy it. Used cars have been to places and since it is not possible for one to look through all the places where the car has been to, it is thus imperative for the new buyer to examine the car minutely, both its interiors and exteriors before going through the process of purchasing it.

The car inspection service is almost inevitably required since in more than 90% of the cases purchase of used cars take place between two unknown people and so reliability factor comes to 0 for the purchase.

In that inspection one should very well check the car’s form. For that one should –
1.       Make sure that the sell your car is on level ground before checking it out.
2.       Carefully check the paint job of the car, taking note of any rust spots, dents or scratches.
3.       Check the trunk of the car to make sure it is still in good condition.
4.       Check the tires.
5.       Never buy a frame damaged car.
6.       Try to get under the car when it is safely raised and inspect the exhaust system or any under-body rust.
Next one should search and inspect different parts of the car such as :
1.       Check under the hood of the car for any indication of dents, damage or rust.
2.       Check the hoses and belts. They should not have cracks.
3.       Inspect the engine for any sort of leaks, or corrosion. This is usually indicated by brown oil stains on the engine.
4.       Remove the oil filler cap.
5.       Pull the transmission dipstick; the fluid should be pink or red.
6.       Check the timing belt.
Now the insides of the car must be checked properly :
1.       Go inside the car. Check the seats and upholstery of the car for any tears, rips, stains, or other type of damage. This is because used cars often come with extra surprised like used sandwiches, dead animals or even illegal possessions. So that is not a very pleasant experience in entirety.
2.       Check to make sure the air-conditioning of the car is working well by turning it on.
3.       Check the odometer of the car for the mileage.
4.       Find out if the car has a computer on board. Bring with you an inexpensive computer to check for errors.
5.       Verify the lights and all the regular functions of the car when not moving. This includes: any sensors for parking, back parking camera, radio, CD, music installation, etc.

Finally have a good test drive and only after you are fully satisfied with the car make the purchase. 

Tuesday, March 21, 2017

THE LOWDOWN ON BUYING A NEW CAR VS A USED CAR

One would always see finance advisors going recommending buying old cars over new ones. Now this is a universal agreement and there are reasons for that too :

1.       Costs of used cars are much less and with increasing rates on every single thing on this planet, being economic does not hurt anyone.

2.       The insurance on used cars is much lower than that of new cars.

3.       One can often make use of extended warranty on pre-owned cars if those cars were owned for a year or two and warranty on cars easily exceed two years.

4.       Rate of depreciation of cars is the highest in the first two years of ownership. For example : a late-model Honda Accord can be had for the price of a new Suzuki Swift, and a 3 to 4 year old Honda City, Mitsubishi Lancer or Maruti Baleno will go for close to the same price as a new Alto.
New cars fail to fulfil the above criteria. So used cars are often chosen over new cars when one makes a decision of buying a car.

But not everyone will choose a used car over a new one and for them value of a car matters much more than its cost. So even if the cost of a used car might be less, not always is that an issue, since people willing to buy a dream car would obviously care more for the value of the car rather than its cost.

Reasons why people would care for new cars more than used car when it comes to purchasing:

1.       When buying a car, one needs to make sure that the car does not break down soon after a little use. So buying a car, one knows is new and refined, gives him/her the confidence and reliability that the car is not to turn up issues pertaining to it. Also new car purchases often follow thorough vehicular inspections and test drives. So the confirmation for the quality of the car comes from that as well.
2.       Interest rates for new cars are often less than old cars and this turns out to be an important point of consideration when it is time for long term loans.

3.       Resale values of new cars is much higher than old cars and if one wishes to sell bought cars within a couple years of his/her ownership, this proves to be a highly lucrative idea.

4.       Gas mileage for new cars is a lot more than that of old cars and that is something that is worth spending more for because after all the yield and speed are what we all search for.

5.       New cars can be customizable – you can select the features you wish to be incorporated into a car to meet your needs which is not possible with old cars.

6.       Although old cars may cost less at first, but maintaining them may cost a lot more in the long run and that needs to be taken into consideration.


7.       Old cars depreciate at a lower rate than new cars and thus they offer fewer tax write-offs. 

HOW TO BUY A USED CAR

An ever increasing demand for new cars makes an obvious surge in the market for old cars as well. Buying a used car is not the end of the world. In fact, sometimes it is the more logical option. Albeit, there are a few lowdowns of buying a used car of which mental satisfaction and chances of getting duped during the purchase, ace the list.

So the first thing to cross off your plan list when buying a car is – Homework. You need to plan ahead of time all the pre-requisites in your car of choice – what kind of model you want to buy, what is your budget regarding it, what are the features that you wish to incorporate in your dream car and also make sure you are well informed about the source of your second hand car. Deciding on the car model and the desired features probably comprise of the easiest decision. The effort and diligence comes your way when finalizing on the finance part of your plan.Since car purchasing can prove to be a rather emotional event, one may feel carried away and spend more than they plan to. Also the source of the used car should be a reliable one otherwise chances of the car breaking down after a few months of use becomes a common feature.

The next step in the process would include knowing the car history in a proper certified manner. Also to know about the complete accident history of the car of your purchase is very important. For that, contacting the seller’s regular service station or insurance company is the best way out. Also one should be well aware of the warranties on the car and getting to know about them helps one avail the warranty coverage if any.

It is important to know about the car model that one wishes to buy. Discontinued cars should not be bought and prior knowledge about discontinued cars rids one of opportunities to be duped by the seller.

The third step would be to check out the car of choice. Existing problems about the car of purchase can be discovered by checking it out properly. And after that one should verify a number of documents pertaining to the car such as –

·         RTO tax receipt
·         Car registration certificate
·         Insurance
·         Original invoice
·         Finance NOC

One should always remember that when purchasing, negotiations are always entertained and one can easily hassle to get the price he/she wants for the car.
Certain points to remember when purchasing a car –
·         Duplicate keys must be received with the car
·         Brokerage fees should be bargained upon

·         During delivery of the car, a delivery note must be present recording the exact time, date and odometer reading.

·         The car must be received completely services with complete replenishment of fluids with changed filters and belts (as necessary).

·         The insurance of the car should be transferred to the buyer’s name at the time of delivery.
·         Many unpopular cars that may prove to be quite reliable in the long run have high demand in the resale markets and these often become the centre of attention for potential used car buyers.



Thursday, March 9, 2017

Know more about Mahindra TUV 300

The Mahindra TUV 300 was launched in the year 2015. This is one of the important launches of Mahindra as this was highly successful. After its launch and different versions of it are coming soon.  It is available in three trims: T4, T6 and T8. The ex showroom price in Delhi for the different variants are as follows:

·         T4: Rs 7.36 lakh
·         T4+ : Rs 7.72 lakh
·         T6 : Rs 8.03 lakh
·         T6+ : Rs 8.29 lakh
·         T6+ AMT : Rs 9.02 lakh
·         T8 : Rs 8.90 lakh
·         T8 AMT : Rs 9.64 lakh

The Mahindra KUV 300 comes in six different colours: Verve Blue, Glacier White, Dynamo Red, Majestic Silver, Bold Black, Molten Orange.


The car looks stylish and classy. It has a rough look in it too. The length of the car is 3995mm, the width is 1835mm and the height is 1839 mm. The wheel base is 2680 mm with a ground clearance of 184mm. It is a 7 seater car with a fuel tank capacity of 60 litre. The interior of the car is well updated technologically wise and is also comfortable and spacious.

The diesel engine is of 1.5 litre mHawk 80 diesel with 2 stage turbo charger. The maximum power produced is 84bhp against 3750rpm and the maximum torque is 230 Nm at 1500rpm to 2200rpm. The transmission speed for both manual and auto shift AMT is 5. The average mileage covered is 18.49 km/l.

According to the trim the features vary slightly. The features of the trim T4 are: HVAC, power steering, power windows, steering that can be tilted, digital immobilizer and ECO mode with optional ABS and dual airbags. The T6 features are: Anti lock braking system, with electronic brake force distribution, keyless entry, voice messaging system, 2 DIN audio with Bluetooth, body coloured bumpers and handles, side and rear footsteps and stylish ski racks with optional dual airbags and AMT. The features of T8 trim are: Dual airbags, alloy wheels, static bending head lamps, electric ORVMs, micro hybrid technology, steering mounted controls, driver seat height adjuster, lumber support, intelli park reverse assist and fabric upholstery with optional AMT.


The Mahindra group offers a number of accessories as paid options for this SUV. The exclusive and premium enhancers are like: Chrome ORVM, License Plate Chrome Steel, Fog Lamp Chrome Steel, Stylish Upper Grill Chrome Inserters etc. The tough enhancers are like: sturdy roof carrier, black machined alloy wheels etc. There is armour body kit and several other interior accessories too.