Ten Common Mistakes People Make at the Car Dealership

When a buyer is buying a used car or new car, there are several mistakes that a buyer commits while he is dealing with the dealership.

1.       One should know exactly what you want

Before one goes to the dealer, the buyer should have a clear perception of what they want. The type of car they require, the car, the model etc. One should do an extensive homework first before going to the car dealership. Walking inside the store with no idea of their actual wants can lead to a real bad buy.

2.       One should take a test drive

There are many buyers who do not believe in taking the test drive. This is a must step that one should not skip. In a test drive, there are several things that one gets to know about the vehicle.

3.       One should negotiate on the basis of the ex showroom price of the vehicle and not the sticker price.

The buyer should first investigate about the vehicle, its manufacturing price and then see how much the dealer is charging for the vehicle. In this way the buyer will be able to strike a better deal.

4.       Do your own financing

Do not rely on the dealer to fix the financing of your vehicle. Usually a dealer proposes to fix because he will get a percentage from it. The buyer will land up spending more money than the actual amount.

5.       Do not pay in a monthly basis

Often we are attracted towards this monthly basis scheme, thinking that we can pay for the amount over a long time slowly and steadily. The dealer also proposes this idea to the buyer because in this way the buyer pays much more money than the actual amount. Hence it is advisable to pay the amount at one go or maximum in two instalments.

6.       If you feel the deal is not good enough then do walk away.

There are dealers who offer attractive proposals on the vehicles. The deals last for 24 to maximum 72 hours. See the deal and if you feel something is fishy do walk away. These are often loops created by the dealer to sell of a vehicle where maybe there is slight or major damage or some other thing. Usually the dealer will put such offers up only when they want to get rid of the material as soon as possible.

7.       One should not discuss trade in too early.

There are times when a buyer wants to sell old vehicle at a better price than the dealer.

8.       One should go to different dealers

There are many buyers who go to just one dealer and finalise the deal and purchase from there. This often leads to a loss. One should visit at least 3 to 4 dealers and see the ex showroom price and then consider the lowest one and negotiate accordingly.

9.       One should always insure

Insurance of the vehicle is very important.

1.   One should always question the dealer well on the extras.

When you are buying a vehicle and you have decided to sign the dotted lines, the dealer often forces upon the extras and charges a hefty amount. The buyer should say no as these extras or add ons he can easily get from the market at a much cheaper rate. 

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

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.

How to Estimate the Car Resale Valuation?

Summary: Before setting the price of a used car you should firstly do an online car valuation of the car then to increase the price there are certain factors like the brand and the popularity of the model which affects the price too. By keeping all the factors in mind you should set a price attracts the buyers.

The ex showroom price of any car is determined by two factors, one is the amount at which the dealer is buying and second is the state tax. The ex showroom price varies from place to place. The used car price of that model is comparatively lower.

There are several factors which affect the sale of the car.

The primary one is the demand and supply of the used cars in the market. If the car is a popular one then the price range is bound to be high of the resale value.

The second factor is if the model is brand new and you have bought it recently and you want to sell it then you will get much lesser price or if the company has launched an updated model similar to the model you have.

The third factor is you need to some home work online that is you need to see what others dealers have set the price of the model you own and also the condition. You need to compare it accordingly and then set a realistic price. If needed you can call up the dealers asking for help as to how to set the price, on which ground and they will help you out.

The fourth factor is the online gimmicks which you need to be aware of. There are many sites which say that will help you determine the price of your used car but the price they say is always an increased amount to impress the customer. What the person actually gets is much lower amount compared to the online price. One can know this if one talks to several dealers both in the city and out and who help out genuinely and then further by dealing with real buyers.

The fifth point is to set a price which you feel is appropriate for the car and not simply increase it just because you want it. You should inflate the price a little so that there is room for bargaining and even after bargaining and settling to a price you make a little profit. Making profit in the used car is nothing bad because you have done quite a lot of homework for it and you are selling off the car in a good condition with all repaired parts and handing over all the documents. 

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. 

Maruti Suzuki Vitara Brezza vs. Renault Duster

The comfortable and convenient SUV cars in India are considered as the mounting segments in today’s automotive market. Maruti Suzuki Vitara Brezza and Renault Duster is considered as the avatar model of 2016. Both the car holds top-spec as they are widely preferred for its modern compactness. The comparison of new cars provides a detailed info on the features and specifications. Compare Cars consists of essential features like exterior, interior, engine performance and riding enjoyment. Vitara Brezza essentially provides a same proposition similar to that of the Duster with good ground clearance, feel of SUV and good economy.

Features And Specifications Vitara Brezza And Renault Duster

Exterior

The new model Vitara Brezza incorporates bolder design features such as tapered roofline, big honeycomb air-dam, elegantly developed clamshell bonnet, silver skid plates, eye-catching bumper up-front, vertical-slated chrome grille, rounded fog lamps comprising of rectangular enclosures and muscular body cladding. The exterior is painted by dual color tone. The Renault Duster comes with face-lifted front fascia to demonstrate newer outlook. It has been decorated with flared wheel arches, new gunmetal 16-inch wheel made of alloy, newly decorated air-intake, reworked headlamps, fresh grille and redesigned and tail lamp cluster.

Interior

To have a look on car comparison, consider its interior features which are quite important for enjoying ride. Being a top variant, Vitara Brezza holds push-button start, cruise control, automatic climate control, adjustable driver seat, rain-sensing wipers, LED projector headlamps, integrated turn lights (OVRMs), smaller quarter glass-windows and stylish roof rails. The maruthi Brezza incorporates interior features from Baleno such as automatic color systems, smartplay infotainment system, mapcare navigation, push button for stop or start, sliding front armrest, chilled govebox, reverse parking camera, cruise control and piano black finish-console.

Engine and Gearbox

Another essential feature in car compare is engine performance. The Vitara Brezza is powered by means of 1.3 liter engine which delivers power of about 89 bhp and 400 rpm. It comes with 4-cylinder turbo-diesel variant which provide fuel economy of about 24.3 kmpl which can carry about 1198 Kg. the torque by Vitara Brezza will be exactly 200 N-M. On the other hand, Renault Duster seems to be powered by DCi engine of 1.5 liter. It holds 4-cylinder with turbocharged diesel to produce power of 84 bhp at speed of 3750 rpm and torque of 200 N-m. It is mated with manual gearbox of five-speed to deliver fuel of 19.87 kmpl to carry 1248 kg of load. This comparison will paves way for enthusiastic and enjoyable riding.

Ride Quality and Handling

Both of the cars possess decent stability in terms of speed and for hard breaking. Duster suits all road conditions whereas Brezza ought to provide some careful all-it’s-got. Ruts and sharp bumps tend to hold Brezza whereas Duster stays unfazed by them.

Overall Performance

On doing car price comparison for Maruti Suzuki Vitara Brezza and Renault Duster, it is clear that the Vitara Brezza is affordable when compared to Duster. In terms of aesthetics, the Duster comes with varying style as it extends to 4 meters long. Vitara Brezza has additional features and cabin space so people loves to choose this model and will surely benefit the SUV lovers. It offers decent performance as well as pocket friendly budget for Indian customers. The overall performance of the Vitara Brezza is quite good along with its compactness so that one can enjoy riding in part of the city. 

Maruti Celerio Price, Specifications and Review

The Maruti Suzuki Celerio was launched in February 2014. The brand Maruti is a trusted company by the people and all of their products are reliable and the price is range is comparatively much lesser than the features. The Celerio when launched in India became a big hit among the people. The car looked attractive. The height of the car is 1560mm, the length is 3600mm, the width is 1600mm. It has a wheelbase of 2425mm. The front of the car has sharp edges which gives it a little sporty look. The side profile of the car is quite simple and stylish. It is quite similar to A-Star series which was previously launched but this one has more up to date rear indicators, boot latch and windscreen. The Celerio is equally attractive inside. The car is quite spacious and comfortable. It is technologically well updated as it has options to connect PC and IPod. It also has touch screen, Bluetooth connectivity, steering mounted controls etc. It has AC, total 15 utility spaces which holds phones, bottles etc. The number of seats in this car is 5 and the luggage capacity in litre is 235 and the fuel tank capacity is 35.  The car is updated with EZ technology. The technology being advanced makes the braking system great where overall you enjoy smooth driving. It has electronic power steering. The key safety features included in this car are ABS and electronic power steering. The engine of Celerio is like of the K series where the 1 litre 3 cylinder which generates power of 68bhp at 6000rpm and 90 Nm of Torque at 3500rpm. There is two types of engine petrol and CNG. The mileage of CNG is 26 in the city and 32 in highway and in petrol is 20 in city and 23 in highway.

 The Celerio is available in 3 trims and they are Lxi, Vxi and Zxi. The colours available for Maruti Suzuki Celerio are Blazing Red, Sunshine Ray, Cerulean Blue, Silky Silver, Glistening Grey, Pearl arctic White. The ex showroom price in Delhi ranges from Rs 4 lakh onwards. Rs 4 lakh for LXI MT trim, Rs 4.3 lakh for VXI MT trim, Rs 4.47 lakh for LXI AT and Rs 4.6 lakh for ZXI MT trim. The ex show room price in Mumbai ranges from Rs 4.36 lakh to Rs 6.26 lakh. 

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.