car......................................................................?
Question
what is the most ecconomical family car, mpg
Answer
Kia Rondo
$16,675 - $20,865
city 20 mpg, Hwy 27
Car.....................?
Question
what is the make of the car on the music video tainted love by Marilyn Manson?
Link to music vid:
http://www.youtube.com/watch?v=eTcPIAewhMg
Answer
'69 lincoln continental
How much would a car dealer buy my new car after 3 yrs service?
Question
Hi,
My budget is £8000 and I want to buy a brand new car. I would like to know whether I can re-sell the car to the car dealer after 3 years and how much would this or another dealer buy it for approximately after 3 yrs service? Apart from insurance + car, what else should I pay for? Thanks.
Answer
Buying a brand new car is an expensive business: You have the same running costs as a good used car (possibly a few hundred quid less overall taking into account MOT costs & free servicing offers on some new cars), but you're going to take a big hit in depreciation, and if you're borrowing money to finance your new car, that'll cost you too.
Selling to a dealer unless you plan to part ex for another new car will mean the dealer offers you a very poor price: You'll get a better deal selling privately & re negotiating a deal on another car.
Your used car will be worth around £3,000 - £4,000 at three years old (although depreciation varies hugely between different makes & models). A dealer may offer or guarantee you a higher part ex price, but this will be dependent on you buying another new car from them.
You could therefore buy the same car at three years old yourself, and afford to throw it away after three years: Any resale value at six years old will mean you're in profit.
Should I buy a car which is categorized as a finance repossession?
Question
Should I buy a car which is categorized as a finance repossession?
I checked this preowned car, and AA said there is an existing finance agreement against the car, which is a hire purchase.
I told the dealer, and he said this is a finance repossession. He said the finance company has cleared the car.
Obviously I will speak directly to the finance company. But do you think it is advisable to buy this type of car? It is a Nissan Almera, so quality-speaking, it should be good.
Answer
If there is an existing finance on the car, the dealer should not be selling it. The finance should have been cleared up by the repo and the car should have a clean title now.
There's nothing wrong with buying a repo. It's like any other used car. Some uninformed people might advise against it because they think such cars have been abused by the owners, knowing that they are going to lose the car. This is rarely true. The repo usually comes on quickly, in a matter of a couple of months, so there is little time to abuse the car. It wouldn't be smart anyway, because the car would sell for less at auction, and they would owe a larger balance on their loan after the repo.
How long do car insurance companies take to pay out for a stolen written off car?
Question
I had my car nicked about two weeks ago, I have sent the insurance company all the required docs and incident form. They found the car burnt out a day later. Police were informated as soon as I realised car was gone. How long will the insurance companiy take to pay out?
Answer
They will have to complete their investigation before they consider paying out. How long the investigation takes depends on what has to be done. Since we don't know the details of your claim and have not spoken to your adjuster -- we can't tell you. However, since the car was found burned out - they will take a very close look at this claim.
