Monthly Archives: April 2016

Advice on selling your car

Want to finally buy the car of your dreams? Great! But before you get the Corvette you have dreamed so long about, it’s a smart move to sell your old car first. So we’ve put a lot of effort here and created this awesome guide to help you!


Before a potential buyer comes to look at your car, you ought to grant your car a flawless look. Accurately understanding the basics of car trading may help you to sell your vehicle with smaller loses or even a nice profit!

  • Clean it very carefully. If it will look good, you’ll be already half way to what the customers want. Use a special car care products, which gives luster to the housing plastic parts and tires.
  • Also, don’t forget about the inside of the car, clean it with a vacuum cleaner and wipe the panels – it is a bare minimum, but you can try to restore the original appearance of the surface by special car care products.
  • Do everything that is in your abilities to get rid of cigarette odors and any evidence of the presence of a dog or other pet that is often transported.
  • If you don’t have time to do the cleaning yourself, get a professional help. Of course, it will cost you something, but it’s totally worth it.
  • Keep your engine clean – steam cleaning should do the work just fine. For second-hand cars, a glittering engine under the bonnet is a very effective marketing trick – although some potential buyers can be suspicious about it. Change the engine oil, so that it is clear when the buyer checks it.
  • It is always worth to get rid of all kinds of car body damage – dings, scratches and dents, especially for used cars up to 3 years old, before selling it off. Damage on the body surface is inevitable for older cars, so if you want to lose less money on the deal, they need to be removed. Paintless dent repair should be the first option to consider – it’s much faster and affordable than other dent removal techniques. And there are people who claim that the obtained results through paintless dent repair are also way better than for a traditional panel beating method – it’s almost impossible to trace the previously damaged spots.
  • Collect all the documents related to car maintenance. If you have receipts for the performed repair and maintenance works, it would be excellent evidence that the car has been well taken care of.
  • Second-hand car market is not as seasonal as in the past, but the fact remains that people will show more interest towards the convertibles before and in the summer, while for off-road cars when the winter approaches.

money and car keys

Selling Channels

There are at least two ways to sell a car, if you think it’s time to get rid of it and get a new one instead. One is a faster than another, but the other one is perhaps more beneficial (meaning you are likely to lose less money on the transaction). Here are the options:

Return the car to the first deposit / exchanged for another

It is the fastest way to get rid of an old car. If a car dealer willing to sell you a new car, he can offer you a pretty good price for your old vehicle, taking it as the first installment. However, you must know that in such cases the price offered by the dealer will be lower than the market value of the particular car. If you think this is not a good option for you, continue reading.

Sell privately

If you choose this approach, you have to understand it will be very time consuming. First of all, you have to insert proper ads, then you have to be ready that the potential buyer can call you any minute. Afterward, you will have to agree on the time and place where the car can be examined. The first step – preparation and distribution of the advertisement is a whole science – from the text to properly taken photos. You can definitely give a shot and use internet as the primary selling channel, for instance, auctions on eBay.

Another quite effective option is to park the car for commission trade – a company dealing with second-hand car trade. This will help you to avoid various risks and pitfalls, for instance, not getting the money for the sold item. Professionals know what to look for and how to correctly conclude a contract. In particular case whole responsibility lies on the vender (for which, of course, he gets a fair commission). There are many such commission traders in United States, you have to just google for one in your area.

How to set a proper price?

If you want to get the maximum price for your car, you must first know how much it actually pays.

For this purpose, you can explore on a used car price search sites to see the price range of your cars model and make, so you would not put a price that is too low or too high.

  • Remember – if your car is in particularly good condition and with low mileage, it is more valuable than most of same model and make cars (it’s simply a proven market statics).
  • Unfortunately, the mileage, which is higher than average, usually means that you’ll have to lower the price if you want to attract potential buyers.
  • Be honest about the condition of the car. If it is a bit scratched or have some other visual defects, you will have to adjust the price if you do not want to scare away the buyers.
  • Special release (special) or limited edition (limited) car is generally more valuable than the same versions of the base model – except of course in cases where base version is stuffed with accessories. Even in this case, you can have to put some effort in finding the right customer!

In case you are a proud owner of a desirable model and are lucky enough, you have all the chances to sell it more expensive. Once again, use the benefits of internet and car price search sites and compare your car with others on the offer.

How to write an advertisement that sells

example of an ad that sells well

When it comes to the text of advertisement, remember, depending on its quality you will either get a plenty of phone calls or, in the contrary, will hear your phone ringing less than you anticipated. It can take you several weeks of waiting to get a single call! To write a good ad, first of all, include all the key information, but in the same time avoid any exaggerations like “car belonged to a priest who used it only Sundays to drive to the church”… Specify the exact model / modification of the name, registration year, mileage, color, number of owners, equipment specifications, as well as whether the car has a full service history. Don’t forget to add photos and your phone number. If you are selling a car in an online auction sites like eBay, there is a possibility to add very long descriptions along with a photo gallery. Although the photo galleries are a huge plus, we don’t recommend expressing yourself in long stories about your car and its history, instead trying to be as focused on the main issues as possible. Less is more so to speak. Being short and focused in what you want to say doesn’t mean using as much as abbreviations as possible – it’s simply too easy for them to line up one after the other, but a large proportion of buyers do not understand what they stand for. The common ones you can use for sure include AC (air conditioning), ABS (anti-lock brake function), ESP (Electronic Stability Control).

How to get paid

If you have managed to find a buyer for your car and time to close the deal, there are a few things to take into account, so that you really get your money. As soon as you reach an agreement with the buyer about a price, ask for a deposit. This way you ensure that a few days later the buyer would not disappear (if he does, you get a compensation at least). Never hand over the car to the buyer before you get paid in full amount. If the money is transferred via wire transfer, always wait for a confirmation that the money has been deposited to your bank account. Only then you should give over the car documents and key. Don’t accept any printouts from the internet about alleged transfers if they do not have a banks stamp proving their legitimacy. However, we suggest waiting until you get the money! Be patient before you jump to buying part or otherwise it will be a more or less expensive lesson.

New car 40% cheaper?!

Before such an important decision as a purchase of a car, there are many questions that must be answered before taking the final step. One of the most important is: what kind of car to buy – new or used? If a year old car costs up to 40% less than a same new one, then quite possibly it would be wise to make a choice in favor of second-hand vehicle.

Budget and price category does not directly point to a specific car segment as it is possible to find a brand new lower class car and a bit used but higher class car (hence, way more better equipped) that cost exactly the same. In order to make the most appropriate decision that fits your needs the best, it’s worth to consider all the arguments for and against.graph showing cars value is going down

The price. Year old premium car with an identical list of extras can cost up to 30% less than a brand new car of the same segment. In addition, for the same amount you can buy a new middle class car. However a slightly used premium class car, most likely, will be a much better tool to confirm your status in society. Moreover, the comfort provided by the premium car segment will dramatically improve the quality of your everyday life.

Car appearance. Given the fact that car model generations change on average every 7-8 years, but the so-called facelift models are updated every 3-4 years, a used car buyer will be an owner of a timely, still in a production car model for a relatively long period of time.

Insurance. Given that a car insurance premium is calculated on the basis of the cars value, then the cost of insurance for slightly used car is about 40% lower. Hence, choosing a used car over a new one generates significant financial savings any person or business will manage to appreciate.

Warranty. One of the main advantages of a new car is warranty. But many buyers oversee a fact that also slightly used cars have an existing warranty if the warranty conditions are not violated. In addition, if you decide on purchasing a second hand car from a reputable auto dealer, to guarantee the quality of product (including it’s perfect appearance), it is possible to get an extra warranty from the seller, to provide an additional guarantee.

Depreciation in value. There is a common belief – as soon as you drive out of a dealership with a brand new vehicle, it loses half of its market value. This assumption is partially correct as the cars value decreases dramatically in the first three years. The highest drop in the price is exactly in the first year.

dashboard showing low mileage

Mileage. Slightly used cars have a low-mileage. Very often these cars have not reached the mark of 3500 miles. Cars like these are considered as practically new ones. However, the buyer can be calm when receives an extra assurance from the seller that it has checked and verified the mileage displayed on the odometer.

Financing. Both financial and operative leasings are available to slightly used cars, just like brand new ones. Of course, if you have enough funds, you can pay for the vehicle in cash or wire transfer, or any other method accepted by the seller.

The residual value. Value of a used car decreases at a much slower pace than a value of a brand new one. There are some occasions when a used vehicle is sold at the same price as it was purchased before. The residual value is not affected by the manufacturer’s selling price, but the demand for a particular make and model in the market.

Guy proves that a Corvette does not drown so fast

You probably know that mainstream drivers usually slow down or look for a ways to bypass flooded areas when there is a heavy rain and the roads are full of water. Yeah, but not this guy. This crazy Corvette driver most likely lives with a strong belief that the accelerator pedal is the best tool to deal with unforeseen traffic conditions… and thinks that his vehicle is something like the yellow submarine of The Beetles.

Hennessey Z700: A 1,000 HP Corvette

There will always be people with a belief that some extra horsepower comes only in favor for the car. Such folks will enjoy the product brought to us by Hennessey Performance Engineering studio, this time they have come up with an ultra-concept looking Z700. Photos show that it’s designed on Corvette ZR-1 base. We have information that there will be only 24 copies of Z700 sold worldwide, which makes this model quite exclusive.

Initial tuning program made it possible to increase the number of horsepower from 638 hp to 705 hp at 6400 rpm. Acceleration from 0 to 60 miles per hour is achieved in 2.9 seconds that is half a second faster that for the street version of this vehicle – ZR1.

If it’s not good enough for you, technicians at Hennessey are ready to offer Z700 versions with 775hp or even 1000 hp power. Of course, for such a vehicle not only the engine is upgraded, but all the nifty gritty components are replaced with alternatives that weight less and are more durable. This is not only to improve the car’s performance abilities, but also to meet the highest safety measures.

Hennessey version of Corvette ZR1 starting price is a little over 200 thousand dollars. Yes, Z700 is two times more expensive than the fullest version of ZR1 and costs four times more than the Corvette Coupe V8. But, you have to be ready to spend money for a performance like this, don’t you?

1986 Chevrolet Corvette Convertible

As Car of the April 2016 we have chosen this 1986 Chevrolet Corvette Convertible: C4 generation was ahead of its time with a digital display (made out of liquid crystals – an unimaginable luxury) showing the driving speed, RPM and other important variables. Exterior is rather eccentric, but has an ultra low air resistance and for a muscle car – excellent handling. See the gallery below: