When it comes to buying a second-hand car, car mileage was seen as the top consideration for selecting a new vehicle. This was revealed by CarMax in a survey they had conducted online. The next factors were car accident frame damages and regular maintenance.

Going back to car mileage, it is not surprising. The longer a car runs, the more issues on wear and tear for the entire car surfaces. They may not necessarily be glaring, but the fact remains, the more a car is used, the depreciation value starts to sink in.

This is not of course to discourage people from buying a car that has been used over and over again. The fact remains first owners need cars for various reasons. They are the means for everyday transportation and depending on their profession or venture, car use may really be a need.

Of course, the pricing factor will play a vital role. It is only common to find that cars which are extensively used to carry a lower market value would naturally be priced lower. The more things you do to dilapidate your car only leads to being valued lower since they have been obviously used in any which way where owners would want a car in the first place.

(Source) Press

Tags: buying a second hand car, car accident, car buying, car car, car mileage, carmax, Cars, damages, depreciation, everyday transportation, press car, profession, surfaces, tops car, wear and tear

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Parting with a car (1990 Toyota Corolla AE92)you have dreamed of having since you were in college has to be one of the hardest things to do. After fulfilling everything you had wanted to do with it, ranging from mechanical, body works, interiors and simple in-car entertainment audio system, one can imagine the cost and effort a person would put into it. I realized that effort but in the end, it all boils down to practicality and needs.

The Toyota Corolla 16 Valve does not have the common problems of high fuel consumption nor major car repairs. The AE92 had nothing to fix except perhaps for some minor paint job if you really wanted your car to stand out and live to its “Car Show” finish. But you have to take into consideration the year issue. The car is depreciating in cost and while you would want to part with it at something more, you just have to admit that you will not get it for the value you had gotten it along with modifications you had already spent on it.

Why should you read this? When it comes to selling your old car, you have limited options. Especially if you have a car that is reaching the 20 year age limit, you have to make decisions. Unless you are the famed car collector, if you are going to sell it, sell it now when the market value is still acceptable. Prolonging it will only drive the car value lower and eventually you may find it outrageous.

Figures? I had sold the car for about $2,200.00. I had bought the car as well for almost the same amount and then spend over $2,000.00 in modifying it. In the end, that amount used for improvement became my means of living a dream.

In the end, it was the depreciation value that claimed that investment even if the car still looked great. The next best thing to do with such a car? Don’t sell it to the car buying business wolves. Sell it to a friend who will value it. That is exactly what I did. Now the problem is, what car will I use to replace it!

Tags: body works, car collector, car entertainment, car repairs, car show, car value, depreciation, fuel consumption, living a dream, mechanical body, paint job, practicality, Toyota, toyota corolla, toyota corolla ae92

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