Unique Auto

Posts Tagged ‘secondhand cars’

Fewer used cars has led to an increase in their value during 2009. Vehicle valuation data provider CAP Motor Research Ltd., responsible for providing vehicle valuation data to the motor industry, has revealed that the normal 15% per year depreciation in used car prices has been reversed.

Normally there is a steady depreciation in the prices for used cars. But 2009 has seen used car prices actually increasing month to month by about 3.5%. This is resulting in significant increases in used car valuations.

This is good news for those wishing to sell their cars but not so good for people looking for a bargain. The price rises for used cars in 2009 have been completely unprecedented. Some used car prices have increased by as much as 25 to 30%.

Some are saying that the effects of the car scrappage scheme will be short-lived. When funding for the car scrappage scheme ends in October it is likely that we will see a reversal in this trend.

The car scrappage scheme was introduced to boost the ailing motor industry by incentivising the purchase of new cars. For some car manufacturers the scrappage scheme has been a big success. Government incentives have encouraged those considering a replacement car to choose a new model.

Earlier in 2009 it was reported that some new cars were actually cheaper than second hand ones in the UK. This was caused by a falling demand for new cars due to the recession and fewer used cars coming onto the market.

There has also been a shift in the way that UK drivers are financing their transport needs with many opting for cheap car leasing deals or attractive van leasing deals rather than outright purchase.

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Getting used cars for sale is just not an easy decision to make these days, there are so many dodgy cars that you have to be very careful about the decisions you make. The best method is to bring a mechanic along with you to check over the vehicle. But if you cannot manage to get hold of one then there are a few things that you could specifically do yourself to make sure that the used car is in tip top shape.

Open the Bonnet

Do not just walk around the car kicking the tyres, because that will be the least of your problems if the engine is on its way out. When you look into the bonnet you should make sure that there is no signs of any oil leaks, also check the colour of the oil make sure its not too black. Try revving the engine to make sure the engine sits in a stable position.

Check the Exhaust

Again rev the engine and make sure there is no odd sounds coming from the exhaust. Also get somebody else to rev up the engine and concisely place your hand all over the exhaust and make sure no black fume comes out, as this could signal major problems.

Test Drive

An immense amount of people simply do not test drive their vehicles and they just end up driving them away and then notice the problems. It is all important to drive the automobile around for at least 15 minutes to make certain that everything is well. You may well come across a variety of problems that you would have not done.

In conclusion you can take the time to check the interior and don’t forget to do a HPI and police force check on the automobile, because these could all sign something majorly awry with the vehicle.

Do you want to Buy a Honda or Buy a Nissan

Today it appears that it is quite a sensible idea to buy a second hand car. There is no reason why they should not be reliable if you buy them from a trusted source or do your homework on the car before you commit to buying. It also makes excellent financial sense in that as soon as a new car is driven off the forecourt it starts to lose money, but a second-hand car has already made this loss.

When you decide to buy used you can usually afford to go for a more upmarket model than if you were buying new.

However maybe a disadvantage to buying used would be that financing is often more expensive although this could be offset by cheaper insurance rates. If however you prefer to lease a car then a used car is not a viable option. You could also be missing out on the latest gadgets and safety devices and I suppose there is nothing better than feeling that you are the first owner of a brand spanking new car!

Let’s face it a lot of the first time buyers of cars are young people who really cannot afford the expense of a new car.

One of the most popular cars for teens is the Honda Civic.The Civic is one of the finest small sporty cars around and is quite reasonably priced. This car is really fuel efficient and is very safety orientated with antilock brakes, front seat side airbags and side curtain airbags which are standard on all models. It also has a body shell which is designed to withstand an impact with a much heavier vehicle. There is the choice of a lively coupe or a more sensible sedan.

The Mazda 3 has earned a reputation for being economical and also fun to drive. It has plenty of power, great looks and excellent handling.

Another firm favourite is the Ford Focus because they are relatively cheap plus they have a system which allows the use of ipods and cell phones with voice commands which mean the driver can keep their eyes fixed firmly on the road.The sporty 2 door Focus coupe is popular as it offers the same amount of back seat and trunk space as the four door version.

The car that the teen driver will probably be best suited to must surely be the safest and also the most economical to drive.