Archive for the 'used car' Category



Used Car Donation Changes in the Irs

Tuesday 9 March 2010 @ 2:02 pm

Check out this article…

If your car seems to need repairs that are costly every few months, maybe it is time to think about replacing it. Giving your used car donation is a great way to take care of an old car you no longer need or want. There are many used car donation organizations that will be happy to take your aging car off your hands.

A used car donation can eliminate problems of trying to sell your old car, such as being stood up for appointments on a Sunday afternoon, or having to field numerous calls about the car at your home. A used car donation can make getting rid of your old, used car easy and convenient as well as provide a charitable donation write off for your taxes.

As in any �too good to be true� endeavor, many people took advantage of the ability to write off a used car donation. Instead of using the price at fair market value, many people claimed the full retail price instead of the fair market value. That is far more money than the IRS intended anyone should make on a used car donation. What began to happen with used car donation, was the government was losing tax revenue in the millions.

The IRS has changed the rules. Now, if you think your car is valued at more than $500, the deduction you are allowed is limited to the actual selling price of the used car donation from the charity. The person who is giving used car donation has to add a statement of sale on their tax returns so that they may receive the deduction.

The charity where you made used car donation has to provide you with this statement within thirty days of the donation. You no longer are entitled to know what the deduction amount will be, before used car donation.

Don�t let these new rules change your mind about giving used car donation. The system isn�t perfect, but that doesn�t mean that there aren�t people who are benefiting from used car donation. Giving a used car donation is still far easier than trying to sell your car yourself, so before you make any final decisions about what to do with your old car, research used car donations.




Meguiar’s Used Car Restoration Kit

Tuesday 9 March 2010 @ 2:01 pm

Found this at Amazon and thought you would find this interesting

  • Soft wash gel which washes dirt gently off your vehicles surface
  • Three applicator pads are included along with ultimate compound to prepare the surface wax for application
  • Gold class liquid wax provides long lasting mirror like protection
  • Meguiars ultimate protectant is included for adding that new look to your vinyl, rubber and plastic surface along with odor eliminator and quick out carpet and upholstery cleaner
  • Includes 3 microfiber towels

Product Description
Meguiar’s Complete Used Car Restoration Kit contains soft wash gel which washes dirt gently off your vehicles surface. Three applicator pads are included along with ultimate compound to prepare the surface wax for application. Gold class liquid wax provides long lasting mirror like protection. Meguiars ultimate protectant is included for adding that new look to your vinyl, rubber and plastic surface along with odor eliminator and quick out carpet and upholstery clea… More >>

Meguiar’s Used Car Restoration Kit




Used Car Selling Tips on the Internet

Tuesday 9 March 2010 @ 1:59 pm

Check out this article…

The internet has become a great place to buy and sell new and used automobiles. In a matter of minutes, you can advertise your vehicle for sale by posting your ad on various paid and free classified ad systems. Compared to traditional newspaper advertising, selling your car on the Internet can be easy, fast and can save you money as well.

The following are a few simple tips for selling your car on the Internet:

Research your selling price

Part of a successful sale involves a resonable price which buyers will be interested in submitting an offer on. If your sale price is too high, buyers may not be interested in contacting you at all. Initially start by researching your local newspaper for prices for your used vehicle, you may be surprised to find a wide range in price for the particular make and model of your vehicle.

Create an email selling account

At times you may receive junk emails, you may want to seperate your sales inquiries from your personal or business email account. Visit Google Mail, Yahoo Mail or Hotmail for a free email account where you can receiving inquiries and emails about the items you are selling.

Photo ads sell

People online want to see what they are buying. People look for color, condition and any additional accessories that your vehicle may have. Although you may not need to post all your car or truck photos, take as many pictures of your car in case a buyer wants to see more photos of your sales item.

Mention that it is a private sale or for sale by owner in your ad

Some people like to deal with people direct and may be apprehensive if they know they will be dealing with a dealership. Not to say anything about automotive dealerships, but it is simply a matter of personal choice.

Selling a car privately also ensures that you will get the best possible price and the buyer will get the best possible deal.

Get your car ready

Thoroughly clean your car or truck inside and out. Buyers love a clean vehicle and it makes a great impression. Consider spending some money on having it professionally detailed.

Provide lot’s of information in your ad

Buyers want to know everything about your car: when was it built, are you the original owner, how many miles or kilometers on the vehicle, has the engine been rebuilt and more. Listing lot’s of information in your ad shows that you pay attention to detail and that you have nothing to hide when selling your car.

If you have photos of the vehicle posted on a website somewhere, provide a link to that site. Indicate to the potential buyer how to contact you; by email or by phone. Optional is to list where the car is located so that people can come and view it at their leisure. Some auto sellers even indicate what their viewing times are: mornings, evenings, weekends.

Don’t be affraid to put OBO (or best offer) in your ad. This tells car buyers that you are willing to negotiate the price of the vehicle and that you are ready to sell your car.

Advertise your car on internet car classified systems

There are many paid and free car classified ad system on the Internet where you can post your used car ad to. Some will accept photos while others simply offer a text ad. Initially start out by searching for local ads within your city or state.

National ad systems will provide you with a larger coverage, but may also charge your for your listing.




On Your Side: How to make sure your used car purchase doesn’t cost you more

Tuesday 9 March 2010 @ 1:56 pm

On Your Side: How to make sure your used car purchase doesn’t cost you more Used car buys sometimes lead to hundreds of dollars in repairs. Here’s what to watch out for. Read more on News 12 Augusta




100 Ways To Save Money: Easy Tips Anyone Can Use To Cut Costs.

Tuesday 9 March 2010 @ 1:53 pm

Thought this was interesting

Easy Tips Anyone Can Use To Cut Costs And Keep Their Money In The Bank — Perfect For The Downturn In The Economy. Visit www.100waystosavemoney.com/affiliates For Free Affiliate Tools!
100 Ways To Save Money: Easy Tips Anyone Can Use To Cut Costs.




Cheap Used Car Loans: Get Easy Money to Buy a Used Car

Tuesday 9 March 2010 @ 1:52 pm

Check out this article…

Many opportunities are available for the borrowers who want to buy a new car. But what if someone wants to buy a used car? Money might not be available to such people. Cheap used car loans give money to the borrower who wants to borrow a car which has been used before and they have checked the viability of the car.

Cheap used car loans can be availed by borrowers who want to buy a car which is not more than 5-7 years old. This limitation is used as after this duration, the market value of cars starts falling greatly and it does not have a good resale value. Moreover, money is also required to be expended on the maintenance of the car. This makes it more difficult for the borrower to repay the cheap used car loans as well as maintain good condition of the car.

Secured or unsecured form of cheap used car loans can be borrowed according to the will of the borrower. If he is ready to pledge his car as collateral with the lender, then he can take up the secured cheap car loans. He will get a lower rate of interest on the loan through this mode. However if the borrower is not ready to pledge the car as collateral, then he can take up unsecured form of cheap used car loans. This type of loan is totally collateral-free and is thus charged a higher rate of interest than the secured form.

The borrower, before applying for the cheap used car loans, is suggested to take up a research so as to find the market price of the car. Then he should compare the price quoted by various dealers and only then should he make his choice as to from where should he buy the car.

Through cheap used car loans, the borrowers can buy a car of their choice by borrowing money through cheap used car loans. it is most beneficial when the borrower is keen on buying a modified car which is not available commonly.




Used Car Loans: Financing Used Car at Feasible Rates

Monday 8 March 2010 @ 8:17 pm

Check out this article…

Today, financial market has prepared itself for any type of loan and for any person; despites its credit score, monthly income, status of living etc. To brief about the talk, well here we are talking about used car loans. With the changing trends in the USA’s financial market, it has made easier to deal with the used car loan.

Used car loans as the name specifies are the loans that are approved for used or second hand cars especially when they are in good financing position. Used car loan are designed while focusing on the importance of conveyance for USA people who can’t afford new branded car.

Buying a used car can be an extremely wise decision when USA borrower’s budget doesn’t allow purchasing for new snazzy car models, with upgraded technologies resulting in faster performance because of its cost.

While availing a used car, USA borrower must be alert regarding car’s mileage, car conditions, car age i.e. car must not be more than 5 years old. Though, any kind of cars can be financed under the used car loan option. Borrower can avail equal amount to that of car’s amount.

Used car loans USA can be available in either of two forms i.e. secured and unsecured. In secured option, borrower has to pledge some valuable collateral to the lender. Collateral can be any asset that fetches monetary value to that of car like sometimes borrowers pledges his car as security.

On other hand, if borrower is not interest in pledging the collateral then he can opt for other option of used car loan i.e. unsecured. This option considered as the best for all sorts of USA tenants including council tenant, MOD tenant, housing executive, PGs, private landlords and homeowners too can avail.

USA borrower can avail the big deal by opting for the mode like traditional or online. Various traditional lenders like banks, financial institutions, lending companies offer used car loans but with the changing trend and looking the availability borrower can opt for the online option, which takes less time. While selecting the used car loans, USA borrower must compare and contrast the loan quote in order to settle with the better deal.




Getting the Best Deal on Used Cars

Monday 8 March 2010 @ 7:35 pm

Check out this article…

When it comes to buying a used car, there is lots of money you’ll be able to save. However, if you aren’t careful you could end up out of pocket and with a car that’s neither functional or what you expected.

Dealership Or Direct?

If your buying a used car you’ll no doubt consider whether or not you should buy direct from a person who is selling their car or from a dealership. There are advantages and disadvantages inherent in both. Firstly, if your buying a used car from a dealer then the chances are that you’ll get a guarantee and that the car will be in good shape – this will not always be the case, however it’s more likely to be the case than it would be in a direct sale. The extra security surrounding the purchase, however, comes at a price. You might be able to sleep easy at night knowing you’ve not been ripped off if you buy from a dealer, however it’s unlikely you’ll be able to get the cheapest deal that is out there. If your buying direct then it’s best that you know your stuff, and that you get a written agreement with the person your buying from – in this agreement you can outline the expectations you have and place provisions in the contract which will outline what happens in the instance where things don’t go to plan.

Don’t Be Scared To Haggle

If you have managed to find the used car that your looking for, then don’t assume you can only get it for the price that’s advertised. Through the art of negotiation it may be possible to get the price down to something that is cheaper. With used cars you can find online guides that detail the recommended price of a used car based on its model, age, condition and mileage. Through referencing a guide like this you’ll be able to show that you know what your talking about. If you notice any imperfections on the car, or are aware of any factors that could negatively influence its value, then don’t be scared to bring this up. You may be able to persuade the seller that the car isn’t worth what they are asking for.

Get Your Hands Dirty

If you know your stuff about cars then ensure that it’s running properly before you part with your cash. Look under the bonnet and take it for a test drive to ensure that everything is running smoothly. If you don’t know enough about cars then bring along someone who does, or pay for a mechanic to take a look before you part with your cash. You wouldn’t buy a house without paying for a survey, so don’t do buy a car without knowing exactly what your paying for.

Ensure A Smooth Transaction

Don’t make any advance payments, and ensure that you get the keys and access to the car at the same time as you hand over the money. This will ensure that you don’t end up forking out the cash without ever getting access to the car! This is particularly important if your buying direct from a person – rather than through a dealership or legitimate business.




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