Tag Archive > Economy

Auto Recyclers Provide Opportunity to Save Big on Car Repairs

auto363 » 04 August 2009 » In Auto Repair » No Comments

With so many industries in the United States taking hits in earnings, there is one that is actually thriving and helping individuals save money at the same time.  The auto recycling industry isn’t shrinking, its growing and there are several key factors driving this boom in business.  The most important one involves saving the average consumer a substantial amount of money on vehicle repairs.

Anytime there is a down turn in an economy, people generally seek out ways to save money on every front possible.  Since vehicle repairs are usually a necessity not a luxury, it is only logical to assume that if there is a way to cut the cost of that necessity, people will utilize it.  Choosing to repair a vehicle with quality used parts is a definite way to save money.  Up until recently, choosing the option of used parts over new ones was not necessarily the first choice for most.  However, with so many losing jobs, this option is now the first one chosen because of the huge savings to be had.  Parts bought from automotive recyclers can be up to 75% less than the cost of buying the part new from the dealership.  That is a tremendous savings that shouldn’t be left on the table. 

The cost of repairing an automobile usually can be broken down into two parts: the cost of the part and the cost of the labor to install the part.  Mechanics generally charge a certain amount per hour to repair a vehicle.  This time usually includes the removal of the part, any work necessary to prep the vehicle for the new part and the installation of the new part.  While there’s not much that can be done about the cost of the labor, it is possible to do something about the cost of the part needed to effect the repair.  By choosing to use a quality used part, the cost of the repair can be cut signicantly.  For example, I recently needed to replace the dual mass flywheel in my 2004 Volkswagen Beetle.  The mechanic gave me an estimate of $1500.00.   To break this down, the labor for the repair was going to be around $800.00 because it is a long intricate process to remove and replace this particular part.  There’s not much to be done about that process.  However,  I did a little research and found that to buy the part new from the dealership would cost $700.00.   That’s a little less than half the cost of the total repair.  I got online and did a little looking.  In about 10 minutes I was able to locate the part myself at an auto recycler that was located about 100 miles away. The price for this part including shipping was $300.00.  That is a savings of $400.00!  My mechanic did not have a problem with installing a used part.  Choosing this option saved me a substantial amount of money.  I even got a warranty on the part from the auto recycler.  Needless to say auto recyclers can be a valuable resource when it comes to auto repairs. 

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Used Car Buyers’ Guide: Hints and Tips

auto363 » 02 August 2009 » In Used Car » No Comments

As in everything else, there are advantages and disadvantages to buying a used car. When done correctly, the purchase of a used car can be a wise expense, providing a savings of several hundred or thousands of dollars to the buyer. But when so many choices also mean so many risks, is it possible to make buying a used car more practical than ever? Here are ways you can, even if you have never done this before:

Start with a list of your preferences

What type of car do you really need? Will you be comfortable in a compact, two-door car, a basic four-door sedan or a truck? A single used car lot can easily contain a hundred cars or so and if you have no idea what you want, it’s easy to be overwhelmed. To make buying a used car more practical, make a list of your vehicle must-haves. This will help narrow down your choices so you know exactly what to look for, saving you time and effort.

Next, consider how much you can afford

With the economy the way it is, there really is no reason for you to buy more than what you need or can pay for. Think how much money you can shell out for your used car purchase. If possible, try to pay upfront as much as you can realistically afford. If you can avoid borrowing, do it. If not, shell out as much downpayment as you can readily pay for and pay back your loan as quickly as you can.

The budget you set will further narrow down your choice, which will make finding your dream used car easier.

Check listings online

Most of the major (and a few smaller) used car retailers post their listings on their websites. Using your list, go online and check out available vehicles in your area. All of the most important used car websites today allow for local searches, so you should be able to find matching vehicles in your state or in nearby localities. Unless you are willing to travel, best limit your search in areas you can physically visit.

Inspect the car in person

Most people wouldn’t buy a hat without trying it on first, so why would you want to pay for a car that you haven’t even seen? Once you’ve decided on a few choices, drop by the used car lot to make an inspection. If you’re not knowledgeable about cars, bring someone with you who is. Better yet, hire a mechanic to check the cars with you.

Ask questions and do your own research

Another important step you can do to make buying a used car more practical than ever is to take note of all crucial information about the vehicle. The VIN number, for example, is a useful reference that will give you access to the car’s history, including its past owners and any violations or accidents it might have been involved in. Its service record is also an important reference, providing you with information regarding repairs and checkups performed on the car. Armed with the right information, it will be easier for you to make the right decision about which used car to buy.

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How to Find Cheap Used Cars

auto363 » 25 June 2009 » In Used Car » No Comments

With the current state of the economy, and the price drops in gas, it is not a wonder that you can find a cheap car for sale these days. There are many big motor vehicle companies such as GM are losing profits and are forced to produce a quality car at a low price. Car prices have dropped significantly since the recession and now it is time to cash in. There are many hidden spots that many people do not think about when purchasing a car. You may think that saving 15-20% on a car is considered a great deal; however there are cheap used cars at high quality can be found in places that many people do not think to even look when beginning their search.

A place that almost nobody thinks about for cheap used cars is a government seized vehicle auction. Every month across the country there are 1000s of cars seized by the government.  The government would like to get rid of these cars for cheap and sold quickly! With the economy in the recession, in these auctions the car prices have gone down significantly and you can definitely find a cheap high end car for almost 50% off the original price. Bids can start at 100 dollars and work its way up.

Although we are in a recession, now is the time to purchase a car just because the prices will never be as low as they are now. For cheap auctioned government cars you may visit Cheap Used Government Auctioned Cars

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