Posts Tagged ‘motoring’
Used Car Dealers Offer More For Your Car as Sales Rise
Within the past year, all we have heard is how the motoring industry is being his so hard by the recession. Almost every week you read how the motoring industry is struggling due to the fact that people aren’t going to buy a new BMW. However, we rarely actually hear about how different parts of the motoring industry and doing well in the recession.
The part of the motoring industry that is doing the best is the used car market. Prices of used cars have been going against most things in the recession, they have actually been going up. This may not sound very positive for the customer because you will have to pay more for used cars, however, if you choose to trade in your old car, you will get alot more money for it than previously.
The biggest reason why the used car market has suddenly become popular is that customers are trying to save money wherever they can. One effective way of doing this is to buy a second hand car rather than a new one. One thing that hasn’t helped the new car market is that the prices have actually risen due to the recession. You would have thought that manufacturers would never even consider raising car prices, however, as a result of poor exchange rates, they have been forced to.
As a result of more people choosing to buy a second hand car rather than a new one, the demand for used cars has risen. As the demand continues to rise and the number of cars being scrapped due to the scrappage scheme, it’s becoming ever more difficult to get your perfect used car. Now as used car dealers begin to run low on supplies, they are increasing prices for trading in a car, making it sound like a better deal for car owners.
The only downside to this is that because you are getting more money for your old car, you are having to pay more when you buy your new used car. So really you will not be making any extra money on a trade in, but everyone would rather buy a second hand car, rather than buy an Audi just as it’s rolled off the production line.
It appears that the only customers that will lose out as a result of the price rises is people that don’t trade in an older car.
Used Car Market Grows During Recession
For the past 12 months, every piece of news about the motoring industry has been about how it’s been so badly effected by the recession. Every week there is a story of how no one is buying new cars because people just aren’t going to buy a new Alfa Romeo. However, there are sectors of the motoring industry that are doing well, but we never hear about them.
The second hand car market is one of the few parts of the motoring industry that has grown because of the recession. Prices of used cars are currently on the rise, that’s right, they are going against the flow of the recession. This news may not sound wonderful at first as you might end up paying more for used cars for sale, however, if you are going to trade in your old car towards a different one, you will find you will be offered far more for your car than ever before.
The reason why the used car market has become so popular is because many people are trying to save as much money as possible. To try and save as much as possible, they are choosing to buy a used car instead of a new shiney one. One recent thing that definately hasn’t helped the position of the new car market is that due to the recession, new car prices have actually gone up. You’d think that would be the last thing car manufacturers would want to do, however, because the current exchange rates are so poor, manufacturers are forced to raise prices.
Due to the sudden rise in popularity for second hand cars, the demand for them has risen massively. As the demand continues to rise and the number of cars being scrapped due to the scrappage scheme, it’s becoming ever more difficult to get your perfect used car. Now as used car dealers begin to run low on supplies, they are increasing prices for trading in a car, making it sound like a better deal for car owners.
The only downside to this is that because you are getting more money for your old car, you are having to pay more when you buy your new used car. So to be honest, you are not making any extra money for your old car, but most people would rather buy a used car rather than buy a Toyota straight out of the factory.
The only people that lose out are the people that don’t trade in an old car.
Free Tips To Instantly Save Fuel And Lower Motoring Costs
The ‘green agenda’ is a huge topic at the moment, and all big car manufacturers are now investing heavily in new green technologies. Within the next few decades we will no longer be driving our petrol and diesel powered machines, and instead driving electric cars and other technology driven machines.
But for the moment we keep our cars which use petrol and diesel. Thankfully there are quite a few ways to save fuel, this can help us beat the rising fuel costs and put more money in our pockets. The great thing about these methods is that they stand true whether you drive a petrol or diesel powered car.
Here Are 5 Ways To Instantly Save Fuel
- General Driving: Drive as smoothly as possible, acceleration and deceleration is what uses most fuel so avoid heavy braking and heavy accelerating. Also make sure you are in the right gear (revs between 1,500 & 2,500) and don’t coast in neutral. Modern cars have an auto shut-off on fuel, whereas when you are in neutral the car has to use a small amount of fuel to stop it from stalling.
- Cold Engine: Cold engines use twice as much fuel as a warm engine, so take it as easy as you can until your engine has warmed up. When possible completely avoid short journeys.
- Multitask Jobs: A very easy way to lower the amount of fuel you use is to cut the amount of journeys you do. If you have to do a bit of shopping or pick something up then do it on the way home from work, instead of going home and then going back out.
- Car Sharing: If you have a work colleague who lives close to you then you could start car sharing, you drive one week, they drive the next. This could significantly lower your fuel consumption.
- Lose Weight: Get rid of stuff you constantly keep in your car but don’t need to. Golf clubs, bags, roof rack, bike rack etc. Many people always have stuff in their boot they don’t need.
Conclusion
These 5 ways are very easy to do and can be done right away. Doing just these few methods you could save lots of money at the pumps, you would be mad not to do them! For more tips including; using credit cards, chipping your engine and using BP ultimate check out Save-Petrol.co.uk which has over 15 free tips.