Sunday, May 7, 2017

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 28, 2017

Golden rules to keep in mind while buying a car

Buying a car is a dream harbored by many but with rise in prices of all commodities it is becoming difficult day-by-day to turn this dream into reality. If you are a first timer in purchasing a car it’s better to educate yourself with every nitty gritty of car purchasing without jumping straight into the trap of the companies and the dealers.


Here are a few golden rules that you should keep in mind before opting for the car of your dreams-
·         Educate yourself and compare- Unlike in the older days gaining knowledge about anything is much simpler now courtesy the availability of every detail online. You no longer have to look for magazines or depend on advertisements to know about the vast range of possibilities that is available. All you have to do is sit on your pc or laptop and check out all your options. Go through the specifications and features of all possible cars you want to look into and narrow down your options. You can also base your decision on the reviews given by tech experts as well as other people who have bought the car before. Even if you are set on buying a particular car do not leave out a chance to compare with other cars and re-check by visiting multiple sites rather than taking your decision on the basis of only one review.  

·         Test Drive- No matter how elaborate the detailing is on the website you should ALWAYS go for a test drive for the same model that you intend on purchasing. Two versions of the same model also may seem alike but when you drive them they show dramatic difference in performance and handling character. You can go through as many specs as you want online but for purchase go to the showroom of your nearby dealer and go for a test drive of the car of your choice.

·         Budget- This is a major deciding factor for most people as buying a car is one of the major investments in people’s lives. If you are well off financially then you can always opt for a brand new car with new technology and modern gizmos but for those of you who are on a stringent budget it is better not to stretch your budget by leasing to get a high tech car. In such a case it is better to buy second hand used car while is still in top notch condition.  A lot of people tend to change their cars at regular intervals to opt for newer upgraded technology. Such cars are still brand new and one can buy used car of these sorts which puts lesser pressure on their wallets as well as gives them the fell of driving a new car.

·         Source of finance- Always have a proper plan for financing your car, be it a new one or a used car. If opting for loans make sure you are well acquainted with the terms and conditions. Do not fall into any trap that the dealers may set to fish out excess money from your pockets. Also no matter how persistent the dealer is you can always negotiate the price before signing the deal. Also do not forget to get your car insured during purchase.

All you need to know about the Maruti Alto 800

Launched in India in 2012 the Maruti Alto 800 is among the choice cars in India. This compact hatchback car hugely improved over the older version of Alto and is a great contender in the small car segment. Here are a few facts that one should know about this great buy-

·         Engine- The Alto 800 comes with only one 796 cc engine that delivers 47.3bhp at 6000rpm and 69Nm at 3500rpm powered by a 5-speed manual transmission. The Alto is available in petrol as well as CNG variants. Cable Type Gear Shift Mechanism and Detect Pin Technology (DPT) is installed for smooth and precise gear shifting. Diagonal Shift Assist (DSA) adds to the comfort by assisting in effortless shifting and a flat torque curve prevents frequent gear shifts.

·         Mileage- A mileage 22.74kmpl on highways and 17.0kmpl in the city is offered by Alto 800 petrol variants. The CNG variants claim to give an astonishing mileage of 33.44 km per kg.


·         Design- The new aerodynamic and edgy design of the Alto 800 brings a fresh sporty appeal to the car. Its sleek design packs a punch with bold new bumper grille and trendy headlamps. Addition of the front fog lamp profile enhances the sharp features. The new designer seat, door trim fabrics, ergonomically designed rear-headrest and spacious interiors make this budget car a favorite. Maruti Suzuki Alto 800 is available in a wide range of spunky colors including Silky Silver, Superior White, Granite Grey, Blazing Red, Cerulean Blue and Mojito Green.

·         Features- This stylish car is fitted with a wide range of modern gizmos which attracts the masses. Features like air conditioner with heater, power steering, power windows, rear spoiler, rear parcel tray, DIN-1 music system with two speakers in front, USB port, body side moulding and accessory sockets are an eye catcher. The increased length of the car ensures optimum comfort while on road.

·         Safety Features- Maruti Alto 800 uses disc brakes at front and drum brakes at rear. Features like central locking, keyless entry, power door locks, driver airbag, rear seat belts, engine immobilizer, child safety locks and anti-theft device are installed ensuring a safe ride for you and your family.

The Maruti Alto 800 on road price ranges from Rs 2.98 lakh for lower STD variant and goes as high as Rs 4.31 lakh for the high end LXI CNG variant.

Here is a list of Maruti Alto 800 price for all available variants-
STD (Petrol)Rs 2.66 lakh
STD (O) (Petrol)Rs 2.73 lakh
LX (Petrol)Rs 3.01 lakh
LX (O) (Petrol)Rs 3.08 lakh
LXI (Petrol)Rs 3.28 lakh
LXI (O) (Petrol)Rs 3.34 lakh
VXI (Petrol)Rs 3.48 lakh
VXI (O) (Petrol)Rs 3.54 lakh
LXI CNGRs 3.91 lakh
LXI CNG (O)Rs 3.97 lakh

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.