• Home
  • About
  • Contact Us

Red Light, Green Light

3 Tips to Remember When Buying a Used Car

When you’re looking for a used car, it’s usually not wise to buy the first thing you find. That’s true even if the car seems to fit your needs. Instead, be more particular and check to ensure that the car is being represented honestly. There are three basic tips to remember when buying a used car.

First, make sure the car has a clear title and has not been in a serious accident. If the owner doesn’t have the title, walk away. Get a vehicle history report, too, so you can see all of the information about the car. That will help you determine if the price is fair or if the seller is trying to cheat you.

You should also take the car for a test drive. Be careful to avoid a wreck while driving someone else’s car. If you do get into an accident and need a car accident lawyer Chicago has some of the best in the business. Before test driving cars, verify that your insurance policy will cover you when driving another vehicle. That’s especially important when buying from a private individual rather than a dealer.

Finally, be sure to talk about payment for the used car. If you buy from a private owner, you will want to get a bill of sale along with the title. Also, pay with a cashier’s check instead of cash, so you have a record of the transaction. With most dealers, you can write a personal check for the car or finance it.

If you take your time, you lower your risk of losing money or ending up with a “lemon.” Proceed carefully, and you can find a great car that you can drive and enjoy for a long time.

Enhanced by Zemanta
Filed Under: Buying/Selling, New/Used Tagged With: Automobile, Business and Economy, Insurance policy, Test drive, Used car

Will Gas Prices Rise This Summer?

2006-2007 Honda Civic photographed in USA.

Image via Wikipedia

Since 2005, American gas prices have effected where people spent their vacations. Historically, the prices at the pump leap during holidays and summer. The oil and gas industry called this supply and demand. With Katrina’s effect on the coastal refineries and war, the American consumer finally dug his heels in and said, “no more.”

The Downsizing of the American Car

The energy sector’s game of cat and mouse lost it’s edge when the car companies found themselves with an overstock of gas guzzling SUVs. If gas prices were going to stay high, than Americans were going to buy small. The small, fuel-efficient auto was back in fashion. It was fun, youthful and cool to drive. Only a fool would continue to drive a rolling fuel monster.

Many people stopped buying new cars, too. Some cars, like the Honda Civic, proved to hold its value because it was well made and it was fuel-efficient. A used Civic made a lot of sense to the traveling public.

The Domino Effect Took a Bounce

If gas prices were too high, then people simply didn’t take big trips. Hotels lost revenue, theme parks lost revenue, airlines priced themselves out of business. What the fuel and transportation industry failed to recognize was the kitchen table economics of working families. People simply refused to pay the high gas prices. When multiple industries started to suffer, the oil and gas guys weren’t very popular.

People Don’t Buy the Scare Tactics Anymore

Even though Libya is fighting over oil, and Egypt is in revolution, and the Gulf is full of dirty, oily water, people aren’t buying those things as a reason to raise gas prices anymore. Therefore, prices have been surprisingly stable this summer.

Enhanced by Zemanta
Filed Under: Additional Costs, New/Used Tagged With: Gasoline and diesel usage and pricing, Libya, United States

Categories

  • Additional Costs
  • Buying/Selling
  • Care
  • New/Used
  • Restore
  • Transportation

Recent Posts

  • Knowing Your State Driving Laws
  • Protecting Your Rights in Motor Accidents
  • 3 Tips to Remember When Buying a Used Car
  • 4 Ways to Avoid Unwanted Accidents
  • Will Gas Prices Rise This Summer?
  • Sitemap

© Copyright 2012 Red Light, Green Light . All rights reserved.