Occasionally, unsold cars are put to use at the dealership; otherwise, they may be sold at auction or traded to another dealership where they are in higher demand. Once cars are bought by a dealership, they are not sold back to the factory.
A:The cost of a classic car varies greatly by its make, model, year and condition. In January 2015, Keith Martin's Sports Car Market classified ads ranged from $6,500 for a 1955 Pontiac Star Chief Sedan to $689,000 for a 1959 Lotus 18 Formula Junior race care.
A:The fair market value of a car can be determined based on the year, make, model, mileage and condition of the vehicle. The car's history can also greatly alter its fair market value. The Kelley Blue Book is a great resource for accurately determining your car's fair market value.
A:A limited lifetime warranty means that a manufacturer is contractually obligated to replace parts of a product that break or are defective over the life of the product. However, the manufacturer is not legally obligated to replace parts that are not mentioned in the warranty or are broken or misused by the consumer.
A:Kelly Blue Book, Edmunds and the National Automotive Dealers Association provide calculators to help consumers determine how much a used car is worth, advises Investopedia. Mileage, condition, included equipment, color and geographical location most strongly determine the value of a used car.
A:There are many characteristics of a good first car, including how well it fits into the buyer's budget, safety ratings and options, a solid reliability record and type of vehicle, according to CARFAX. Due to safety concerns, a good first car should be one that ranges in size from small to large sedans to trucks and SUVs rather than subcompact cars, which have the highest fatality ratings out of any group of cars.
A:According to Samarins.com, a good mileage figure for a used car is 155,000 or less. While low mileage is desirable in a used car, it is not a guarantee that a vehicle is in reasonably good shape for its age.
A:Occasionally, unsold cars are put to use at the dealership; otherwise, they may be sold at auction or traded to another dealership where they are in higher demand. Once cars are bought by a dealership, they are not sold back to the factory.
A:In the United States, Oregon is the least expensive state in which to purchase a car, while Alaska, New Hampshire, Montana and Hawaii follow close behind. The price of car ownership includes several factors, such as state and local taxes, the cost of state registration and dealer documentation fees.
A:Winter is the best time to buy a new car, according to United Services Automobile Association, known as USAA. Winter months often offer the highest potential for discounts, notes USAA. Dealerships must clear inventory in order to make room for the newest car models, explains USAA.
A:To offer a car on eBay, the seller must gather information about the vehicle, create a listing, monitor the process, and then close the deal by arranging for payment and delivery, according to the company's website. EBay walks customers through each step of the process, if needed.
A:The most popular source for classic car appraisals is the NADA Guide, according to Cars Direct. However, the Value Your Vehicle section on Hagerty's official website allows you to view the most current prices for a number of different classic cars based on condition and the current market, says Bankrate.
A:Most of the used car and truck auctions on eBay are within the $10,001 to $100,000 price range, according to a query made on the site in January 2015. The search resulted in 25,000 auctions within that price range.
A:Several businesses pay cash for junk cars, including Pick-n-Pull and US Junk Cars. Both vendors arrange a deal with the seller. Then, they either pick up the car or wait for the seller to drop it off.
A:Issues to look for when buying a used car include body damage, rust, brake degradation, frame damage, electrical issues, AC/heater problems and damage to the belts or hoses. When buying a used car, the buyer needs to take additional precaution and examine the vehicle thoroughly to ensure the vehicle does not require serious or expensive repairs. Checking the background information on the vehicle is useful to uncover potential issues.
A:EBay allows its users to sell broken cars. Many people are interested in purchasing cars that do not run in order to use them for scrap parts, but according to CarsDirect, these people are often looking to make a profit, and their offers can be low.
A:There are a wide variety of cheap vintage cars that come in almost any style, from muscle cars to sports cars, stations wagons and more. Some of the more popular models are the Pontiac GTO, Pontiac Grand Prix, AMC Javelin and Ford Torino, according to Auto Trader Classics.
A:According to the website TheCostOfLiving.com, the average car cost $605 in 1933. Because of inflation, however, a dollar was worth far more in 1933 than it is today, so the cost was roughly equivalent to $10,214 in 2010 dollars.
A:Buying cars on eBay is generally safe, according to About.com. EBay has a Vehicle Purchase Protection program to safeguard against fraud. Circumstances in which buyers are protected include a vehicle previously reported as being stolen, liens not reported, and discrepancy in odometer, make, model and year.