By Jeff Hendrix
If you are going to buy a car it doesn't matter if it from a private owner or if its from a dealer, the information you need to know is what the going rate for that car is wholesale. One good source to look at is to look into the department at your bank that handles car loans. They often times have all sorts of information and sources you can use such as price books or auction reports that will show what various makes and models are worth on the market.
Another good source to look at is the auto price guides put out for industry people. Some common ones are Galves Auto Price List, the Kelly Blue Book Auto Market Report and several others. These books try to gather together the average wholesale prices for various cars around the country. The problem with looking at these books is that the prices listed in the books often times do not agree. Say for a three-year-old Chevrolet as example, the prices in just those books varied by nearly $2000.
The consumer price books that you can find at any bookstore or newsstand are common but are riddled with problems. They give figures in the books that are a general range and yet they cannot write a book that would include price estimates for all the various things that can impact the cost of a car, or give you an estimate of how much a dealer may have had to put into the car to get it to its present state.
The very best way to get an honest estimate of the cars value is to figure out exactly how much the dealer has in the car. The way to know that is to know how much the dealer paid the previous owner, how much had to be then spent to get it into selling condition and miscellaneous charges that might have added up.
Now no dealer is going to straight up tell you what they paid for a car. The best way to get an honest number out of them about what a car is worth is to trick them into telling you. Go onto the lot, tell them that you are just looking around. The salespeople will ignore you because you are not a definite buyer. Once the salespeople have left, wander around the lot and look for a car you would like to buy. When you find one, right down every piece of information you can find on it. Options, mileage, general condition, all of that. Now here comes the trick, you are going to go home and call up the dealership. Tell them you have a car that you need to sell, then give them all the info from the other car. They will quote you a price and you can comfortably add 15% to that number to find out the true wholesale cost for the dealer as well as refurbishing.
Are you located in Minneapolis and looking for more information on shopping for a car here? You will want to check out the hot new website
http://www.minneapolisusedauto.com
Article Source: http://EzineArticles.com/?expert=Jeff_Hendrix
If you are going to buy a car it doesn't matter if it from a private owner or if its from a dealer, the information you need to know is what the going rate for that car is wholesale. One good source to look at is to look into the department at your bank that handles car loans. They often times have all sorts of information and sources you can use such as price books or auction reports that will show what various makes and models are worth on the market.
Another good source to look at is the auto price guides put out for industry people. Some common ones are Galves Auto Price List, the Kelly Blue Book Auto Market Report and several others. These books try to gather together the average wholesale prices for various cars around the country. The problem with looking at these books is that the prices listed in the books often times do not agree. Say for a three-year-old Chevrolet as example, the prices in just those books varied by nearly $2000.
The consumer price books that you can find at any bookstore or newsstand are common but are riddled with problems. They give figures in the books that are a general range and yet they cannot write a book that would include price estimates for all the various things that can impact the cost of a car, or give you an estimate of how much a dealer may have had to put into the car to get it to its present state.
The very best way to get an honest estimate of the cars value is to figure out exactly how much the dealer has in the car. The way to know that is to know how much the dealer paid the previous owner, how much had to be then spent to get it into selling condition and miscellaneous charges that might have added up.
Now no dealer is going to straight up tell you what they paid for a car. The best way to get an honest number out of them about what a car is worth is to trick them into telling you. Go onto the lot, tell them that you are just looking around. The salespeople will ignore you because you are not a definite buyer. Once the salespeople have left, wander around the lot and look for a car you would like to buy. When you find one, right down every piece of information you can find on it. Options, mileage, general condition, all of that. Now here comes the trick, you are going to go home and call up the dealership. Tell them you have a car that you need to sell, then give them all the info from the other car. They will quote you a price and you can comfortably add 15% to that number to find out the true wholesale cost for the dealer as well as refurbishing.
Are you located in Minneapolis and looking for more information on shopping for a car here? You will want to check out the hot new website
http://www.minneapolisusedauto.com
Article Source: http://EzineArticles.com/?expert=Jeff_Hendrix
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