For the private owner to market a car for sale while avoiding the risks associated with selling it privately is no small undertaking. The following points should be considered:

Secret #1: Evaluating Personal Circumstances

The kind of person you are and the circumstances you’re in play a key role in the decision to sell your own car. Before setting out to sell your car yourself, make sure that you have confidence in negotiating with prospective buyers. Test-drives and phone calls are part of the process, so it’s vital to be prepared to handle these as well. Simply knowing yourself and what you’re going to face is absolutely critical.

Secret #2: Being Armed With Knowledge of the Market

The best way to begin when first planning to sell a car privately is to know the market–to be armed with enough information. This ca be done by simply determining how much the old car is worth. Try to determine the answers to these important questions: Is the car going to be easy to sell? Is it a popular commodity? Is it likely to receive multiple offers? What kind of buyer is most likely to be interested in this kind of car? In order to answer these problems with accurate results, the first step should be to check some car ads online.

Several online used car guides are now available on the Internet. By knowing a car’s make, model, mileage, and general condition these Web sites will doubtless prove to be a good place to begin determining the value of the vehicle. Based on those basic details it is quick and easy to secure accurate estimates for things such as how much a local dealer is likely to offer for it as a trade in. It is also helpful for determining how much to expect to make by selling your car privately by visiting and examining the used car guides on the Web.

The used car price guides that are now commonly available at libraries or bookstores are useful in addition to checking the online used car guides. The local newspaper’s automotive advertising section can also be checked for similar vehicles. By combining information from all of these sources it will become easy to gain the knowledge needed to be fully prepared for private automobile sales.

Used car prices are elusive, despite numerous attempts to harness them. We’ve all heard of Retail, Private Party and Trade-in values. But do these “help” in determining a vehicle’s real value? When we turn to the web for prices, it gets even more elusive. One web site places a retail value on a car at $18,000. Another puts it at $21,000. What should we believe?

If sellers are looking to get the highest price for the car they’re selling, and the buyer wants to get the best deal possible, is there such thing as a fair used car price for both parties?

The answer is yes, but both parties have to be on the same page.

We’ll call this “page” Fair Market Value.

That being said, how do we interpret the market to determine fair market value? Since most sellers and buyers are going to try to interpret the market to his or her advantage, let’s even the playing field.

One of the most profound remarks I’ve heard to establish a better playing field for used car pricing comes from industry expert and owner of Medway Imports, Barry Roth. He states:

“To find market value, you need to take all the pricing data you find for a particular vehicle and throw out the high and low prices. What’s left in the middle is where you’ll find a fair market value.”

While this doesn’t address the used car pricing problem entirely, it does remove the unrealistic numbers that many clutch to like the drowning to a life preserver. It moves folks to more reasonable prices according to the market.

A lot of time is spent on popular web sites (for better or worse) to “help” determine used car pricing. But one should also follow and watch the market to see what cars are being advertised and sold for—if they’re being sold at all.

Used car prices are also determined via auction pricing, and industry used car guides such as Black Book and the NADA Official Used Car Guide.

Importantly, even these books don’t settle the used car pricing debate. Here’s a publisher’s note on the inside cover of the latest NADA guide.

It states:

The vehicle values in the N.A.D.A OFFICIAL USED CAR GUIDE,® are developed by N.A.D.A’s editors based on many sources of information. These include reports of actual transactions throughout each area for which the guide is published.

The values in this guide assume a vehicle is clean. Appropriate deductions should be made for reconditioning costs incurred to put the vehicle in a salable condition. An exceptionally clean vehicle or one that bears a guarantee, warranty, or manufacturer certification should bring a premium price.

Please read your guide carefully when determining the value of optional equipment. N.A.D.A.’s editors believe that most optional equipment has little or no value on older cars. This is especially true of options that cost relatively little when new and which deteriorate with age or use. Only the more popular vehicle options are listed in the guide. Unless otherwise stated, all vehicles are assumed to be equipped with automatic transmission, air conditioning, compact disc player (and/or AM/FM stereo cassette,) power steering, rear window defroster, and tilt steering wheel. For other standard options, please review each vehicle’s listing.

As you can see, even the most respected used car pricing guide “assumes” quite a bit, leaning heavily on the “opinions” of its editors to determine “appropriate deductions” and thus the ultimate value of a particular car.

So where does this leave car buyers and car sellers? After both parties throw out the high and low prices, it leaves them in the middle of the market. This is where they’ll each get a fair shake(assuming vehicles are “clean”). Finding and picking a good or “clean” car is another story.

Every year in the UK over 7 million used cars are purchased, with many of these cars being purchased privately direct from the owner. Whilst this can often be the route to achieving the best bargains it can also become very expensive in cases when it emerges that the car has a number of problems or a previously unknown history. In order to reduce the likelihood of being caught out we’ve put together the top tips when buying a car privately:

• The first step is to do some research about your desired car. Check classified ads and trade guides to get a good idea of prices. Parkers.co.uk is an excellent site and contains a free used car valuation tool and thousands of reviews and ratings.

• Once you’ve decided on which car you’d like to buy and have found a possible seller always go and take a look at the car in daylight.

• Take a friend along with you. If problems occur in the future it’s very useful to have a witness available to validate what was said.

• Check that the car has not been clocked. The average mileage is 12,000 miles a year. Have a look at the tyres to see whether this looks right or if the car has new tyres ask the owner for details of its servicing history.

• Always go for a test drive. However, make sure that you are insured to do so and if the seller says that he has cover ask to see his policy.

• Carefully check the log book, officially known as the V5 or registration document. In particular look for the chassis number, known as the vehicle identification number (VIN). This will usually be located on a small plate on the driver’s door or in the engine bay. The absence of a VIN number strongly suggests that the car has assumed the identity of someone else, probably because it has been stolen at some point in its past.

• You could also consider purchasing an AA Car Data Check. Importantly this will include a full description of the car, including engine size and date of first registration, so you can be sure of what you are buying. It will also tell you whether the car has a finance agreement recorded against it, if the car has been written off, and whether the car has had any number plate or colour changes.

• The chances are that at some point you’ll enter into negotiations over the price. Have a highest price and target price in mind before entering into negotiations. If your two offers are some way apart you try not to say anything. Car salesmen use this tactic all the time as people find silence uncomfortable. Try this and the seller will often suggest meeting half way, at which point you can propose meeting half way between your offer and the new offer, getting yourself a better deal.

• Finally, if interested in the car consider having it independently checked by a reputable garage. Reputable sellers will understand this so be wary if the owner of the car is against having it checked.

There are a few things that you should always look for if you are buying a used car. Here are the tips that you will need not to get a lemon.

1. Warranty Facts

You can sometimes get a car that is still under warranty. If this is the case, check with the warranty (perhaps call the number in the warranty book) to ask if there is anything that you need to do to keep the warranty when you buy the car. This often just involves sending out a letter with the purchase information to the dealership.

If you buy from a car dealership, you can often get warranties on used cars. If you want peace of mind when purchasing, consider this option for sure.

2. Warning Signs

If the odometer reading doesn’t match the wear and tear of the car, then you should definitely ask for some records.

If there is any vagueness about getting the service records for the car, you might want to walk away.

3. Getting a Good Price

Because the cost of new cars is going up, there is more of a demand for used cars. This means that some dealerships believe that they can take more money than the car is worth. There are a few things that you need to do to get a good price.

Do your research; check online and in used car guides (often available at the local library) to find out what the prices of cars listed online to sell are. If you are uncertain about buying a car online, then don’t. Often purchasing a car online means that it will come from a long distance, and as such, you will have to pay exorbitant shipping or delivery costs, which will not be worth the money that you are saving off the sticker price.

4. Making the Payments

Instead of getting a car loan from the dealership and paying the dealer or the seller monthly payments, consider taking out a loan from the bank. You will often get better interest (or financing, as it is called with cars) rates. Go to a bank or credit union before you go shopping for your car. Salespeople will try to talk you into going with the dealership’s rates; you will be better off if you already have your financing set up. Credit unions can sometimes offer even better rates than banks on loans and are an often-overlooked choice.

5. The Information to Get

In Ontario, and in some states, you can ask to get the used vehicle information package. This will have the details of the previous maintenance and ownership history of the car.

Always do a complete visual inspection of a car. Even if you are buying a car from the internet, buy one from your province or state so that you can go and check it out first. Alternatively, agree with the seller that you have the right to return the car for a full refund (including shipping) if it does not meet your standards.

6. What not to Trust

Don’t judge the use of a car by it’s brakes; a dealer can buy new brake pads for less than $10, which is often an easy fix for a car.

If a car has rear-door-hinges that are very worn, it might have been used as a taxi, and you should probably find another one. Check the roof of the car to see if there have been any holes filled in; this could have been a sign for a delivery vehicle. They also often have been used a lot.

Be careful if a car looks like it has been freshly painted. This could mean that it has been in an accident that is trying to be covered up.

7. And finally…

Buying a used car can be a great deal for you. You can save money on the car itself, and you can get a safe means to travel. Remember, the condition of the car is more important than if it has had multiple owners, or even the odometer reading. Good luck shopping!

Motorbike helmets serve one purpose - to protect. Reevu have taken this concept further, producing the world’s first motorbike helmets with an integrated rear view system that helps prevent accidents.

The innovative and World-leading technology allows the wearer to see the road behind as well in front of them by utilizing a system of unbreakable mirrors constructed out of ABS, which are fitted inside the helmet mould.

The team behind Reevu has spent ten years developing the helmets, which are designed to save lives on the roads by preventing accidents as well as just protecting the wearer during an accident (prevention is better than cure).

Having a third mirror to be used in combination with the standard mirrors on the motorcycle, this problem is reduced to a minimum. Given the fact that the mirror is fitted in the helmet, the rear view becomes flexible just by turning the head a bit.

Since the mirror is fitted right above the eyes, it only takes a split second to see what’s going on behind you, having an almost 180° overview. [PRWEB]

A helmet makes the same kind of a pair with a bike as does a car stereo with a modern car. Some of the latest models of the automobiles even come fitted with the lcd monitors and the hi-fi sound systems that produce high quality sound with crossover arrangement.