Archive for the ‘Car Resale Values’ Category

Spring Car Care Makes For Smoother Warm Weather Driving

March 4th, 2010 by Buddy Evans

Early Car Prep Can Ease The Transition Into Spring Driving…Or Selling!

Wow! What a couple of weeks of weather for the Northeast. It looks like we’re in for some milder, spring time temps for the near future, though. The first things that comes to mind here at Big Bucks Auto is spring car care and preparing your vehicle for the warmer weather.

Towards the end of 2009, we told you about winter car care tips to keep your vehicle (and you) safe during cold weather driving. The following spring car prep tips serve the same purpose – to keep your car in great shape for safe driving or in case you are looking to sell your car. (more…)

Tags: spring car care, spring car prep, spring car preparation, spring driving
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Massive Toyota Recall Reverberates Through Used Car Industry

February 18th, 2010 by Buddy Evans

Toyota Resale Values Take Huge Hit

I try to remind our readers and customers as often as I can that Kelley Blue Book values can be very misleading. The recent Toyota recall and its effect on Toyota resale values is a prime example of how KBB doesn’t have its finger on the pulse of the market.

Akio Toyoda, the chief executive of Toyota

toyota-resale-values (more…)

Tags: resale value, toyota
Posted in Car Industry News, Car Resale Values | 1 Comment »

2010 Used Car Resale Values

January 28th, 2010 by Buddy Evans

The Best Car Resale Values Are In: See Where Yours Stacks Up

Kelley Blue Book announced its best car resale value winners recently with some interesting results. Although at Big Bucks Auto, we’ve been highly critical of why Kelley Blue Book can be misleading in the past, this list is worth considering. If anything, we can revisit this list later in the year and see how well KBB’s list performed.

(more…)

Tags: 2010 car resale value, best resale value
Posted in Car Resale Values | 1 Comment »

Car Storage Tips For The Uninitiated

January 6th, 2010 by Buddy Evans

The Simple Steps Of Vehicle Storage Keep Your Car In Good Shape

People use car storage for many reasons: The car, truck or motorcycle might be in disrepair, but you still want to hang onto it; your vehicle is uninsured; or you just want to keep your car protected from harsh winter weather. Whatever your motivation for putting your car into a state of hibernation, there are a few car storage tips that anyone, vehicle veteran or not, can follow with a bit of effort and time.

Car storage tips can make storing your vehicle much easier.

Hey, if you want your vehicle back on the road with little to no hassle, performing your car storage effectively is a major step in the right direction.

A Handful Of Helpful Car Storage Tips

A lot can happen with poor car storage – including everything from rust and corrosion to gum and varnish in areas that are critical to your vehicle’s performance (like engine oil and the fuel system, for example).

How Do You Prevent This Type Of Damage From Happening To Your Vehicle?

Well, getting the car away from the elements is a great start. If you have a garage that is cool, dark, and dry, then definitely take full advantage of it for your car storage. If you do not have one, your options remain open. You can either rent a garage (not a bad approach for us New Yorkers) or get yourself a nice car bag or cover. The latter option(s) should involve a multi-layered fabric that is nice and thick. You don’t want to take any chances.

How About Before The Actual ‘Car Storage’?

Vehicle storage is an excellent option if done right.

That is, what does one do prior to locking away (or covering up) the vehicle itself? Let’s start with the fuel situation. If the gas tank is left empty for the car’s hiatus, condensation in the tank may cause rust; if fuel is present, gradual degradation of the fuel may lead to gum and varnish. How does one win? The key is to dispense fuel stabilizer into the tank and give the car a short run to circulate the stabilizer (10-12 miles ought to do). Should gas fumes be an issue, a half tank is just fine, though a full tank is preferred for proper vehicle storage.

Car Storage Tips Odds & Ends

There is, of course, more to vehicle storage, and this more includes changing the oil and the filter; circulating the oil with a 3-4 mile drive; replacing the spark plugs; cleaning the top of the battery with baking soda and water; loosening the drive belts (unless there is a drive belt tensioner already installed); sealing off the engine openings with cotton; and making sure all the vehicle’s fluids are full. In essence, there is a lot to vehicle storage.

Looking For A More Permanent Car Storage Solution?

If you’re up to the challenge of perfecting your car storage tips and techniques, feel free to use this article as a jump off point. But if you think your car is going to be sitting in storage for a while and you find that you are more than able to get along without it, perhaps you ought to sell your car to Big Bucks Auto. Not only will you get fast cash for your car, you will also no longer have to worry about following these car storage tips.

Tags: car storage tips, vehicle storage
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Winter Car Care Tips Preserve Resale Value

November 5th, 2009 by Buddy Evans

Cold Weather Car Care Can Pay Off When You Sell Your Car

Depending on where you live, your car takes a beating each winter. There’s no avoiding it – snowy conditions; salt and sand-treated roads; icy fender benders, and more. For all of the trouble that winter can be for drivers, there are a few winter car care tips that make cold weather car care worth the time.

The best part is that just a few preventative steps can help preserve the resale value of your car. (more…)

Tags: cold weather car care, winter car care, winter car care tips
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Those Cool Car Modifications Might Ruin the Resale Value of Your Vehicle

October 13th, 2009 by Buddy Evans

Crazy Vehicle Mods Are Awesome, But Might Not Be Good For Your Bottom Line

The consensus is pretty clear – car modifications will most likely hurt your chances of getting a top dollar price for your car. Crazy vehicle mods might look awesome and funny vehicle mods might be entertaining, but the chances of someone else wanting 20-inch spinning rims and limo tint on the windows of a late 1990s Honda Civic hatchback are slim to none. (more…)

Tags: automobile resale values, car modifications, car mods, Car Resale Values, cars with good resale value, used car resale value
Posted in Car Resale Values | 1 Comment »

End of Life Vehicles Recycling or When to Sell Your Car: To Junk or Not to Junk

July 15th, 2009 by Buddy Evans

End of life vehicles recycling or when to sell your car

When to junk or not to junk your car?

Image credit youngthousands

When to sell your car: Junking a vehicle can sometimes be the wrong option

By Buddy Evans, President of Big Bucks Auto™

End of life vehicle recycling is proper for your car when it’s either wrecked or inoperable. Otherwise, you should consider when would be the best time to sell your car.
We’ve written extensively about the process of when it is time to sell your car and have compiled a valuable list of things to remember before you make a decision to sell or consider end of life vehicle recycling:

Research the market. If you have a popular make and model, you could sell your car quickly. If not, you need to do more research to find the best markets.
Take the time to research the going rate for your car.
Research, collect and consider used-car reviews.
Investigate used car ratings to find out if your car is a top seller or a difficult car to sell.

How to know when to junk a vehicle and recognizing end of life autos

What’s an end of life vehicle? Well, simply put, an end of life vehicle is an automobile that is inoperable; no longer able to be used because it’s wrecked or mechanically irreparable; or otherwise a hunk of junk. So, end of life vehicle recycling is the process by which you rid yourself, your driveway, or your yard of that vehicle in an environmentally safe and responsible way.

Junking an end of life vehicle the right way

The folks at 1877EndofLifeVehicles.com are spearheading the efforts to spread the word about end of life vehicle recycling and pushing for end of life vehicle regulations in the United States. Bottom-line, people junk vehicles for two reasons: They either wrecked it or the car doesn’t work anymore.

When a vehicle is no longer useful, here at the basic steps in the end-of-life treatment process

The removal of the battery for safety reasons.
All fluids are drained and contained appropriately.
These fluids include: fuel, engine oil, transmission fluid, engine coolant, windshield washer fluid.
The refrigerant is recovered, if applicable.
Wheels are removed.
Tires are separated.

The effect of end of life vehicle recycling on nature

The environmental impact of end of life vehicles is striking, considering how many cars reach the end of their life each year. According to 1877EndofLifeVehicles.com, end of life vehicle recycling can relieve the environment of some serious pollutants and ecological stress:

Each year in North America, close to 12 million vehicles reach the end of their useful lives and are taken out of service.
Seventy-five percent of your old car can be recycled
Forty-two percent of all new steel in this country comes from recycled metal
Using recycled metal saves up to 74 percent energy and 40 percent water consumption. It also reduces air pollution by about 86 percent and water pollution by 76 percent.

Make sure you don’t miss an opportunity to sell your car before you consider end of life vehicle recycling

End of life vehicle recycling is still an early concept in North America, with few end of life vehicle regulations. But, be sure that junking your vehicle is the only out before you bypass selling your car as an option.

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-442-8257

Tags: end of life vehicles, end of life vehicles recycling, junking a vehicle
Posted in Car Resale Values, Costs of Owning a Car | No Comments »

How do i Sell My Car Fast in NYC?

October 2nd, 2008 by Buddy Evans

I want to sell my car and I live in NYC. Where do I start?

If you’re living in NYC and you’re wondering, “how do I sell my car”, you’ve come to the right place. But before we begin, let’s look at why you want to sell your car.

The easiest way to get to the heart of the matter is to finish this sentence: “I want to sell my car because……”

I want to sell my car because I’m tired of the payments. It’s too expensive!

People want to sell their cars for a multitude of reasons. Some folks are tired of the car payments, the poor fuel economy, or a number of other things. Other people want to sell their vehicles because they simply want to get a different car, or because a new car has caught their eye.

While a number of people WANT to sell their car, some people actually NEED to sell their car.

With the economy the way it is these days, that second car or more luxurious auto might be an issue preventing more vital bills and expenses from getting paid for. There is a huge difference between what we want and what we need and the actual need also can put time constraints or a real rush on the issue. If you need to sell your car in NYC fast, for whatever reason, you’ll want a quick solution.

The category you fall into, either “I want to sell my car” or “I need to sell my car,” will help us determine the most appropriate and effective course of action.

I don’t just WANT to sell my car; I NEED to sell my car. NYC is too expensive as it is, so I have to unload this car now!

If fast sale is important to you, then we can narrow down your viable options on how to really sell your car fast in NYC.

You could put your car up for sale privately, with a newspaper or listing ad that you have to pay for. Attempting to sell your vehicle that way can take quite a while depending on your asking price and the number of people searching for a used car like yours, so be careful. If selling your car privately, you should also be careful for another reason: you’re attracting attention from shady individuals and potential scammers who have been targeting individuals just like you. Feel free to check out our article Selling Your Used Car? – Be Careful! as it details some of the things to watch out for when selling a car privately.

For a faster and safer sale, you could always consider a used car buyer. A used car buyer’s sole purpose is simply to buy your car, so instead of searching for someone who might want to buy your car, you go to the place that you know has a real business interest in your car.

Working with a car buyer can make things a heck of a lot easier for you. Your potential car buyer does not have to check with his wife to make sure she likes the color. You won’t get a sob story over why you should lower the price or hold the car until his next payday. Plus you don’t have to wait about, spending hours of your valuable time and not knowing what the outcome will be. At our car buying service, Big Bucks Auto™, we’re able to give you a free quote on your used car in as little as 20 minutes. Talk about fast cash for cars!

But, how do I know that I am selling my car for what it is really worth?

When figuring out what your car is worth, just remember, Kelley Blue Book Values can be misleading. You may find that you’re simply not able to sell your car for its Kelley Blue Book Value no matter what avenue you pursue. KBB values are often completely inaccurate.

All used car buyers have their own method of determining a car quote, so this is where reputation really matters. A reputable licensed and bonded bar buyer will give you a fair, accurate price, even if this price is not always the same as the KBB value.
At Big Bucks Auto™, we always buy cars for very fair prices. Whether over our toll free number or via the internet, we are more than happy to provide customers with a quote to they can make a sound accurate decision on how to sell their car with no obligation at all.

It’s that simple? I get a quote and I sell my car? How long until I actually get paid?

Again, different places have different standards in their business.

Big Bucks Auto™ the whole process usually takes less than 20 minutes and we like to make it as painless as possible for our customers. You come in with a car and you walk out with cash. In fact, right now, we are even offering coupon valued up to $100 cash in travel expense for free gas in addition to the car payment. It can’t get any easier than that. If you choose to sell your car to Big Bucks Auto, you’ll get paid cash on the spot at our NYC location.

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Go from “I want to sell my car” to “I sold my car” in minutes!

Sell your car, super fast. At Big Bucks Auto™, you can get a free appraisal to sell your car today, with no obligation. We are highly reputable used car buyers; the largest used car buyer in the NYC Metro / Tri-State area serving all five New York City boroughs, Long Island and New Jersey. With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately. So come on in to Big Bucks Auto™ today, and get a free no obligation quote on your used car!

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

Tags: how to sell a car, sell car fast, sell my car fas, sell my car NYC
Posted in Car Resale Values, Costs of Owning a Car, How to Sell Your Car | No Comments »

Cars with Good Resale Value – Resale Value Series Part 3

September 1st, 2008 by Buddy Evans

Car Resale Values Matter Whether You’re in the Market to Buy a New Car or Sell Your Current Ride

After all, cars with good resale value generally make for much smarter buys new, because you’ll get more of your money back when you go to sell your car someday. So whether you’re buying or selling your car, you should be interested in car resale values and the forces that drive them.

So Why Do Some Cars Have Higher Resale Values Than Others?

1. For the most part, car resale values are a product of consumer perceptions

First and foremost, car brands and models that are synonymous with quality and reliability often have very good resale values. Brands that come to mind in this category are Toyota and Honda, among others. These cars are generally perceived to be very reliable, and this helps fuel their strong resale values. Since consumers are willing to pay a bit more for this reliability on the used car market, these cars often have good resale values.

2. Another factor contributing to good car resale values in today’s market is fuel economy

Now, more than ever, astronomically high gas prices are having major impacts on used car resale values. Consumers are looking for cars with good – if not great – fuel economy. Large SUVs and trucks, vehicles which often get less-than-stellar fuel economy, have generally poor resale values as a result.

3. While SUV’s and large trucks are selling poorly due to high gas prices, smaller cars which are perceived to be ‘good on gas’, are exhibiting very high resale values

Again, smaller cars, from makers like Honda, Toyota, Mazda and others come to mind, as they generally get very good gas mileage; a feature consumers are willing to pay a bit more for in today’s market.

4. Still, some exceptions in car resale values exist!

Cars from Hyundai and Kia, although generally perceived to get excellent gas mileage as well, still do not have very high resale values. This could be due to the fact that negative consumer perception of other factors, like construction quality, and overall reliability, outweigh the positive impacts that good fuel economy has on these cars and thus the resale value of these cars is lower.

5. Other consumer perceptions, like perceptions of high-class luxury, also have big impacts on car resale values

Luxury European automobiles and super-luxury cars in particular, have very high resale values. Cars like Porsches, BMWs, and others often demonstrate high resale values as a result. Consumers view these cars as being high quality, high-class, and this is reflected in strong demand on the used market, keeping resale values high. These cars often also have high ratings in safety and durability, further contributing to their good resale values.

6. But wait; there are exceptions to the ‘luxury’ rule as well!

Some luxury cars do not have high resale values, although they may still be of generally high quality. Jaguar and Saab cars often fit into the luxury category, but this is not reflected in their resale values, which are notoriously, lower than many other luxury car brands.
All in all, consumer perceptions and overall public opinion of a car brand and model, in combination with economic factors, like high gas prices, all have major impacts on car resale values.

Are you wondering if your car has a good resale value?

Why not find out! At Big Bucks Auto™, you can get a free appraisal to sell your car today, with no obligation. We are a highly reputable used car buyer; the largest used car buyer in the New York Metro / Tri-State area. With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately. So come on in to Big Bucks Auto™ today, and get a free no obligation quote on your used car!

Learn more about why choose us to buy your car and call us today at 1-888-44-BUCKS or 1-888-44-8257

Tags: automobile resale values, Car Resale Values, cars with good resale value, used car resale value
Posted in Car Resale Values, How to Sell Your Car | No Comments »

Top 10 Factors That Affect Car Resale Values – Resale Value Series, Part 1

July 1st, 2008 by Buddy Evans

When you go to sell or trade-in your used car, there are many factors that will contribute to the car’s resale value. Some of these factors are far more obvious than others, and many may even be out of your control as a car owner. However, it can still be helpful to keep the factors that affect an automobile’s resale value in mind before buying a new car, or selling your current car.

Here are the top 10 factors affecting your cars resale value.

1). Mileage.

Your cars mileage probably has the biggest impact on the vehicle’s resale value. It’s really quite simple; cars with fewer miles are generally worth more money. A good rule of thumb is that 10,000 – 12,000 miles per year is considered to be about average. Much more than that will likely have a negative effect on your car’s resale value.

2). Season.

To get the best resale value for your car, try to sell your car in its best season. In other words, a 4×4 vehicle will likely sell for more, and sell more quickly, during the winter months, while a convertible will have the best resale value during the summer months.

3). Condition.

Cars in better condition are certainly worth more when it comes time to sell. Dents and dings, chipped paint and holes in your cars upholstery means a negatively impacted resale value. Keep your car in good condition and get more money when you sell.

4). Options.

Cars that were ‘loaded’ with all the good most desirable options are worth far more than base model or lightly optioned cars.

5). Make and Model.

Make and model has a huge impact on car resale values. Some make and model cars are simply less than desirable on the used market, while others are in high demand. For instance, American-made family sedans generally do not hold their value well, while European cars may hold their value far better for many years. Make and model, and consumer perceptions of the make and model can have major impacts on your car’s resale value.

6). Economic Factors.

Although current economic factors are beyond your control, they still affect automotive resale values. For example, the currently high gas prices hurt resale values for gas-guzzling SUVs and trucks – while having an extremely positive impact on economy car resale values.

7). Appearance.

A car that looks better almost always sells better! To maximize your car’s resale value keep it looking good by washing, waxing and vacuuming, especially before you show the car to prospective buyers.

8). Vehicle History.

With everyone having easy access to sites like Carfax.com and other vehicle history reports, it’s easier than ever for a consumer to check on a vehicles history before making a used car purchase. A history of any collisions or other problems can certainly have a negative effect on your auto resale value; another reason to stay out of collisions and drive safe!

9). Local Supply.

Supply can have a big impact on car resale values. If there are a lot of cars like yours for sale in your area, it will likely be harder to sell your car. Adversely, a limited supply could make it easier for you to sell your car quickly – and for more money.

10). Other Factors.

There are a multitude of other factors that can affect automobile resale values, from service records to magazine reviews to the color of your cars exterior. Some of these are out of your control, while others are not. All in all, you can make sure you get the most for your used car by taking care of it while you own it, keeping mileage low, and staying out of accidents!

Are you curious about how much your used car is worth? Get a free quote to sell your car today, from my team at Big Bucks Auto™. We are a reputable used car buyer; the largest used car buying service in the New York Metro / Tri-State area. With Big Bucks Auto™, you’ll be able to get fast cash for your car, without the hassles of selling privately.

Thinking about selling your car? Read our How to Get Fast Cash for Cars article for some useful tips.

Tags: automobile resale values, Car Resale Values, used car resale value
Posted in Car Resale Values, How to Sell Your Car | 1 Comment »