Monthly Archives: December 2013

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Save Your Dollars By Purchasing An Older Car Rather Than A New One

Purchasing a car which has been on the road between one and two years can make sense although we all like the idea of having a new one as well as the feelings that come with that. I was encouraged against acquiring new cars by my own grandma a long time ago. An automible that was around the two year mark with not so much mileage is specifically what she said I needed. Based on her thoughts, any kind of car I acquired should be operating well and if there had been anything needing attention, this would already have been carried out.

Those rules are something I still follow today as they are sensible and in buying an older car there are other considerations that add on weight to this argument. I will now expand further on just why buying a car that is not too old can result in saving you lots of money.

I’m not really sure if you are aware of it or not but whenever you buy a new car and drive it off the dealership the value of the car just drops by thousands of dollars. A purchase transaction of say $25,000 for a new car will not have been useful to you even if you think it was. As soon as you drive that car off the lot it could possibly now only be worth $20,000. The loss of $5,000 dollars can occur in that quick space of time and those initial miles covered.

Go on and purchase a brand new car if you believe I am being extreme. Then drive it nowhere else but immediately home. In terms of how much your car would be worth the next day, just go back to where you bought the car and see how much they would be prepared to give you. For trading in the car you might expect anywhere between $15,000 and $20,000 and this covers a car you got for $25,000 the day before.

This has been the market norm for many years. It’s transforming in a few situations where there is a thirty day window to get a 100% trading in valuation for your car from the original dealer. Essentially, after 30 days, you’ve still got to come to grips that you are looking at a loss of $5,000. You could perhaps make a more substantial loss if you try to get a buyer for your car yourself.

A two year old car will not suffer that kind of deficit when you are purchasing it from a car dealer in the same way. Not forgetting like my grandmother explained, any glitches the car may have, will have been figured out by then. The contrast between a new car and a used car not having a lot of miles, is in favor of the latter on this basis.

It really is well worth remembering these factors whenever you are making car purchase decisions. Unless you mind missing out on that new car smell you can end up getting a much better deal.

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The Most Affordable Automobile For 10000-15000 Dollars

If you’re going to get a brand new car but don’t want one that eats a lot of gas or would cost a lot for repairs, you should think about a car that costs between $10,000 to $15,000. These cars should have four to five doors and it shouldn’t be a full scale sedan.

It is actually also advised that you purchase a car that runs on gas. The engines that work on gas and that are economical are the Yaris engines from Toyota. Even so, let’s look at Diesel options, because you will have several choices here also.

Between 8,000 to 10,000 Euros, you actually may well get hold of an Astra, Corsa, Opel or a Renault Clio. For this price range, you can also get a pretty decent second-hand car that has 60,000 to 140,000 kilometers on it.

If you possibly can spend $12,000 or more for your car, you could get a well outfitted Mazda 6, Opel Astra or a Hyundai Accent. You might also find a Yaris for that much as well. There are also late model BMWs that could be obtained for that price but they do burn up gas.

If you have a lot more than $13,000 to invest, then you can pretty much get a new car. A nice car is the Mitsubishi Colt though it is a tad noisy inside. What’s more, you will not get very much money if you think about selling it later.

Suzuki Swift is an additional good car, but it is going to be small. The driver’s seat has room but the back seating is tight. The only cost-effective engine is the one of 1.25 on gas, yet it is a little lazy, which is not a really great feature, especially for a new car.

The Hyundai Accent 1.5 happens to be one more car with average optional features and a reasonable warranty. Hyundai includes a very solid five year warranty or 100,000 kilometers plus they are known for quality service.

Another solid car is the Skoda Fabia which has a rather peppy 68 HP engine. The only draw back is the service is not thought to be very good and you may have trouble getting it repaired at your local garage.

The Renault Clio is an additional car to consider with its 65 horsepower 1.5 liter engine and enough room for a tall person. It has an typical consumption of 5.4 liters/100 km in the city but it will consume under 3.8 if you are going on a straight road at 90 kilometers/hour. One thing is certain: if you’re searching for very low consumptions, you will need to disregard the high performance cars. However, many of these scaled-down cars can hit 120 km/h without collapsing under the strain. At maximum rates of speed, gasoline consumption can go over 4 liters per kilometer but no more than 7 or 8.