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duminică, 25 decembrie 2011

Used Car Auctions: Do's and Dont's

Used Car Auctions: Do's and Dont's

by: Thomas H. Miller


This is Part 1 of a 4 part series on how to buy a car at an auction
So you are looking for a car or truck, but you're tired of running around town and finding other people selling their "headaches" through the local classifieds, or dealers offering "cream-puffs" for inflated retail prices. All you want is a good vehicle for a good price. Period. Does such a deal exist? Yes, indeed! Repossession auctions are becoming more and more popular across the country. I have been attending them for over 20 years, and have purchased many cars and trucks at bargain prices - everything from a brand new car (still with the window sticker on it and 3 miles on the odometer) for $1,100 below the sticker price, to a conversion van with 99,000 miles on it. Both of these vehicles are still in the family and running strong.
1. What I'd like to do here is share my experiences with you, and give you some tips on how you, too, can find these bargains.
First of all, how do you find the auctions? Your local paper is a good place to start. Many banks and other financial institutions (such as GMAC) list the times and places of their auctions in Sunday papers under "Auctions" or "Cars for Sale". Also, if there is a "legal publication" in your area, that publishes court proceedings, bankruptcy notices, etc., this is another source for repossession auto auction notifications. One other way to find them is to call your local banks and ask for the Installment Loan Department. They should be able to provide you with details on their particular auctions. Many even have regular mailing lists, where they will automatically send you a notification of their auction and even a listing of what vehicles will be included. While some institutions restrict their auctions to dealers only, most will allow the public to attend and bid. Once you have found an auction, be sure to get all the details BEFORE you go. You'll need to know if there are any minimum bid requirements, what type of payment they need, and what type of paperwork they provide to the purchasers. Many auctions will sell everything to the highest bidder, no matter how low the bid is. Still others may have a minimum bid they must get, or they "buy back" the car and save it for the next auction. Most institutions retain the right to bid, so be aware that you may be not only be bidding against other people interested in the vehicle, but also against the auctioneer!
While most auctions will publish their requirements for payment along with the auction notification, DON'T assume that that's all there is to it. Find out if they expect cash only, certified checks or personal checks. Also, many require full payment immediately after the sale, while others may require a non-refundable deposit with the balance due in a few days. All too often I have seen people make costly errors at auctions because they didn't understand these payment rules.
In this day and age of red tape, titles, liens, etc., the paperwork an institution provides is as important as anything else. In New York State, for example, if the institution sells the vehicle with "as-is" marked on the bill of sale, you may encounter a legal nightmare that involves a major full-vehicle inspection and an 8 to 10 week wait for a title search and registration procedure that will prevent you from putting the vehicle on the road for months. It is imperative, therefore, that you find out specifically what paperwork the institution will give you when you purchase a vehicle through their auction. If you plan on registering the car right away, tell them that and make sure you are satisfied that they will give you what you need. If in doubt, contact your local Motor Vehicle office ahead of time to insure that you'll be able to proceed with what the institution will be giving you. Laws vary dramatically from state to state. Above all, make sure that all liens have been satisfied before you purchase a repossessed vehicle. Most banks and financial institutions will give you some type of form to verify this.
OK... now you've found the auction and understand the rules and requirements. The next step is finding the vehicle that fits your needs. In order to know what the vehicle's value is before you bid on it, you'll need a good resource of wholesale and retail pricing. One good source is the NADA "Blue Book". This book lists cars and light trucks by manufacturer and body style, giving you the current average wholesale and retail for each. I have used a book called "Edmund's Used Car Prices" for the past 15 years or so, and found them to be a very reliable source. Like the NADA book, it lists the cars and light trucks by manufacturer and year (usually the past 7 model years), and provides the vehicle's original list price, current average wholesale and retail. It also provides you with a list of popular options, and what they add to the value of the car or truck. There's plenty of details in the book which I won't go into here. Just make sure you read the "How to Use This Book" section thoroughly before you start using it. Options such as air conditioning, power steering and brakes and type of transmission may dramatically affect the value of the vehicle. Also, excessive mileage for that particular year car or truck will affect the value. So, read the book and know how to use it BEFORE you get to the auction.
Visit my site at www.helpmebuyacar.bravehost.com





About The Author


My name is Thomas Miller, I'm student here in Detroit, MI. I love to do research, I love to write and most of all I cars.
thomasmiller2005@aol.com






This article was posted on December 30, 2004

Checking Fluids

Checking Fluids

by: Kevin Schappell


Keeping your vehicle in tip-top shape requires constant monitoring of vital fluids. Read you owners manual and look for a diagram of the engine. Most times there will be a diagram showing where to check all the major fluids. This should be your starting point. If your manual is lost in the glove box or you never had one, then ask your mechanic or a friend who knows cars to show you all the places to check. There are 4 major levels to check on most cars.



Engine oil - Usually towards the front of the engine and marked "OIL" Always check your oil level with the engine OFF. Remove the dipstick and wipe the oil off with the rag or towel then put the dipstick back into the hole. Now pull out and get a reading. You might have to hold the dipstick to the light to get a good reading as fresh oil can sometimes be hard to see. On the dipstick there will be two marks indicating a maximum and minimum level for the oil. Make it a habit of checking your oil every two weeks.
Transmission fluid - If you have an automatic transmission then you will have a dipstick to check the fluid level. It is most commonly found towards the back of the engine compartment or towards the passenger side. You should find out how to check the fluid by looking at the owner’s manual or on the dipstick itself. Most cars have to be running with the transmission in park or neutral. Also the transmission should be warmed up to give a true reading. Make sure the car has been driven for a short distance to make sure everything is up to operating temperature. Checking the level is just like checking your oil, wipe off dipstick, replace, pull out again and check level. If you have a manual transmission there is no dipstick and to check the fluid level you must crawl under the car and remove a fill plug. I would have your mechanic check this for you once a year if you do not feel comfortable doing this.
Engine coolant - -- CAUTION -- Never open your radiator cap when the engine is hot ! The pressure in the system can send hot coolant splashing out on to you. Most cars have an overflow bottle, which will have level markings. Keep the coolant between these markings. If you have to open the radiator, make sure the engine is cold.
Power steering fluid - Your car uses oil to assist in steering the car. The fluid is usually checked at the pump, but can be away from the pump in a separate reservoir. Like the transmission, this fluid should also be checked when up to operating temperature. Most commonly the level is measured by a small dipstick attached to the cap of the reservoir.
Brake fluid - On most newer cars you can check brake fluid level without removing the cap on the master cylinder. There will be level markings on the side of the plastic reservoir. If you have to remove the cover to check the fluid level, be careful not to spill any fluid on the surrounding paint. Brake fluid makes a nice paint remover :-)
Windshield washer fluid - That's the magic blue liquid that squirts out of your hood. Most reservoirs have the level marked on the side but some newer cars have them buried underneath everything so you can not see. Just fill to the top, there is no harm in overfilling.

If you need to add any fluids to bring the levels up, a funnel is helpful to avoid spills. Keep track of how often you add oil, and transmission fluid. Frequent additions can point to leaks and engine wear.





About The Author


Kevin Schappell maintains http://www.carbuyersclub.com where he gives advice on buying, selling, insurance, and financing. A mechanical engineer and car guy, Kevin has decided to spend his online time helping others learn about automobiles. To learn more about how your car works, Kevin has created http://www.mycarwizard.com.
kevin@schappell.com






This article was posted on December 23, 2004

Auto Tools For The DIY'er

Auto Tools For The DIY'er

by: Kevin Schappell


If you are a car owner who occasionally works on his or her own car, please don't go out and spend thousands of dollars on high priced tools. Professional mechanics make a living with their tools and need the best. If you are doing minor repairs on your own vehicles a lower cost tool set will do just fine. We have teamed up with AutoBarn.com to bring you the best price on tools for the DIYer. Keep in mind you can find most of these tools at your local parts store, but probably not at these prices. Let's look at the basics you will need for most common jobs.


The oil change:
Lifting tools: To gain access to the oil pan you need to get the front wheels off of the ground safely. Never leave the car supported only by a jack. A good set of jack stands or ramps are the safest way to go. Also don't forget to chock up the rear wheels to keep the car from sliding back. Even though you may have the emergency brake set, they can fail.
Oil filter wrench: Nothing is more frustrating than trying to get an oil filter off without the right wrench. I have gone to the extent of poking a screwdriver through the filter to spin it off..... this is not the cleanest way to change an oil filter.
Funnel: You have to get the new oil into the engine, and the less you spill, the less will burn off later while driving. Any funnel will do, but look for one with a long flexible neck, which will help getting into those tight places.
The brake job:
Disc brakes: You will need some special hex or torx sockets to get the caliper loose. Do not try using the wrong tool like a vise-grips or filed down bit.... you will damage the bolts. You will also need to retract the brake pistons once you have the old pads out. Using a C-clamp does work, but you have to be careful not to damage the pistons.
Drum brakes: There are special tools, which allow you to remove the clips, which hold the shoes to the backing plate. Also you will need an adjuster to adjust the shoes once you have everything back together.
Bleeding the brakes: Get a good kit, which includes a sealed container to collect the expelled brake fluid.
General tools:
A good Quality Tool Set: Make sure you have metric wrenches as all import cars have metric fasteners and most if not all-new domestic cars do also. If you plan on doing advanced work, or plan on eventually working as a professional mechanic consider buying a set of Craftsman tools. I have found them to be the best value and you cannot beat the lifetime guarantee. Plus wherever you are, there is a Sears store to take your broken tools in for replacement.
Auto Repair Manual: You wouldn't bake a cake without a recipe.... would you?? Make sure you have a manual by your side before you start working on your car. I can only give you general guidelines, but the manual will give you all of the specifics for your car, truck or SUV.





About The Author


Kevin Schappell maintains http://www.carbuyersclub.com where he gives advice on buying, selling, insurance, and financing. A mechanical engineer and car guy, Kevin has decided to spend his online time helping others learn about automobiles. To learn more about how your car works, Kevin has created http://www.mycarwizard.com.
kevin@schappell.com






This article was posted on December 23, 2004

.Changing a Tire

Changing a Tire

by: Kevin Schappell


It always happens at the worst times! You need to know how to change a tire even if you have an auto club membership. Depending on where you get a flat, there may not be a phone nearby to call a tow truck. Let's take is step by step and always remember to read your owners manual, there will be detailed instructions relating to your car there. I should mention also a few tips for getting to the side of the road safely if you have a blowout on the road.



Stay calm, do not panic
Slowly take your foot off of the gas and let the vehicle coast to a stop.
Do not make any sudden braking or steering actions.
Put your flashers on to alert other drivers.
Now that you are safely off of the road.

Step 1: Make sure you are on firm level ground and away from traffic. If you are not, then try to drive to a better spot, but only if you can do it safely. Avoid going back onto the road and into traffic.
Step 2: Set your emergency brake and put the car in Park or 1st gear if you have a manual transmission. Make sure the engine is turned off.
Step 3: Locate the spare tire, jack, and lug wrench. These are usually located in the trunk underneath the carpet on cars. Trucks usually have the jack and lug wrench behind the seat or under the hood, with the spare tire under the bed.
Step 4: Typically there are instructions printed on the jack or somewhere near the storage compartment. Read these instructions, they will tell you where to jack the vehicle and any special steps you will need to take.
Step 5: First remove the hubcap or wheel cover. The lug wrench often has a flat end, which you can use to pry off the cover. If not, a screwdriver will work just fine.
Step 6: Before you jack the car up you will want to break loose the lug nuts. The weight of the car will keep the wheel from spinning and allow you to apply more force to the nuts. You do not want to completely remove the lug nuts yet.... just break them loose. Once the lug nut begins to move, STOP and move onto the next one. I often carry a small pipe, which will fit over the lug wrench. This pipe can provide additional leverage and allow you to get those stubborn lug nuts off. Always remember righty tighty, lefty loosy. Turn the lug nuts left or counter clockwise to loosen.
Step 7: Now it's time to jack up the car. Make sure you know where the manufacturer has placed jacking points by reading the owners manual or the instructions near or on the jack. Most cars will have a reinforced lip where the jack can be placed. If you can not locate this, look for a solid portion of the frame to jack on. Make sure the jack is on firm level ground and start jacking. Take it slowly and only go as far as you need to get the wheel off.
Step 8: The wheel is off the ground and it's time to remove the lug nuts. Use the wrench or your fingers to remove the nuts. Slowly take the wheel off and set it to the side.
Step 9: Get the new wheel and put it on the car. Tighten the lug nuts as tight as you can without the wheel spinning. Don't worry about getting the nuts super tight, as you will do the final tightening when the car is off of the jack.
Step 10: Let the car down off of the jack and get your lug wrench. Tighten the lug nuts in a star pattern if there are five nuts. Start with one lug nut and skip the next one until they are all tight. If you have 4 nuts, just tighten the opposite nut from where you started and then the remaining two in any order.
Step 11: Replace your wheel cover or hubcap and clean up the jack, lug wrench and blown tire. If your spare tire had air in it, you should be able to continue your journey.
Finally: Remember if you have a temporary spare tire (AKA doughnut) you can only drive a few miles to a service station and usually not over 50 MPH.






About The Author


Kevin Schappell maintains http://www.carbuyersclub.com where he gives advice on buying, selling, insurance, and financing. A mechanical engineer and car guy, Kevin has decided to spend his online time helping others learn about automobiles. To learn more about how your car works, Kevin has created http://www.mycarwizard.com.
kevin@schappell.com






This article was posted on December 23, 2004

Test Driving A New Car

Test Driving A New Car

by: Kevin Schappell


One of the most important steps in buying a new or used car is the test drive. You can do all the research you like, but it all comes down to the test drive. Driving the car must be comfortable, easy, and enjoyable. Follow these few steps and get the most out of your next test drive.
Check over the car before you leave the dealer's lot. Tires, fluids, and lights should all be checked before you drive. Also make sure there is gas in the car.



If at all possible go on the test drive by yourself. You need to concentrate on the driving experience and the noises of the car. A babbling salesman will distract you and not let you get a good read on the car.
Before leaving the lot, adjust the seat, mirrors, and the climate control system. You do not need to be distracted while driving an unfamiliar car. Make sure you are comfortable and have a good view of everything around you.
Drive a variety of roads. Mix it up with some city driving followed by highway if you can. You should make sure to try every gear and reach highway speeds to fully test the car.
Test the brakes. The steering wheel should not shake while applying the brakes. Also, check to see if the car pulls to one side while braking. Squeaks and rattles could also indicate worn pads.
Notice how the car tracks. When you take your hands off of the wheel, which way does the car go? If the car consistently tracks to one side, be concerned about the alignment.

The last thing you should check is how you feel about the car. Did you enjoy driving it? Was there enough power to get your blood pumping? Is this a car you can live with every day? Most important don't get caught up in the moment, don't buy the first car you see, and never ever let the dealer think you are interested.





About The Author


Kevin Schappell maintains http://www.carbuyersclub.com where he gives advice on buying, selling, insurance, and financing. A mechanical engineer and car guy, Kevin has decided to spend his online time helping others learn about automobiles. To learn more about how your car works, Kevin has created http://www.mycarwizard.com.
kevin@schappell.com






This article was posted on December 23, 2004

Winter Car Care

Winter Car Care

by: Kevin Schappell


As the weather turns colder, it is time to think about your car for a second. A little preparation can go a long way to making your winter travels a lot safer. Here is a checklist to get you started.




1. Check the antifreeze. The freezing point can be checked with a simple tool available at any auto parts store. Make sure you check the antifreeze when it's cool. Opening a hot radiator can be a dangerous thing.
2. Check the air pressure in your tires. As the air gets cooler pressure drops in your tires. Maintaining your tire pressures will reward you with higher gas mileage and longer tire life.
3. Make sure you have the following items in your car.

Ice Scraper
Salt or sand for traction
Blanket in case you are stranded and need to keep warm
Good first aid kit (not just for winter)
Road flares

4. Check all belts and hoses. As the temperature drops rubber tends to stiffen and break allot easier. Make sure all your rubber hoses and belts are in tip-top shape.
5. Treat your gas tank to a can of gas line antifreeze before the cold weather strikes. The additive will remove any water in the system and prevent your fuel lines from freezing.
6. Check your tires for wear. Make sure you have plenty of tread left to get you through the snow. Nothing is worse than 3" of snow and bald tires.





About The Author


Kevin Schappell maintains http://www.carbuyersclub.com where he gives advice on buying, selling, insurance, and financing. A mechanical engineer and car guy, Kevin has decided to spend his online time helping others learn about automobiles. To learn more about how your car works, Kevin has created http://www.mycarwizard.com.
kevin@schappell.com






This article was posted on December 22, 2004