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Tips on Buying a Used Minibus November 13, 2018

Tips on Buying a Used Minibus

Buying a used minivan can be tricky primarily because no two vans are the same. You need to be well acquainted with the basics of a second-hand car buying to ensure you get value for your money. To get you started, here are a few buying tips that will come in handy.

What is Your Budget?

This is where it all starts. Your budgetary allocation will determine the kind of minibus you will end up with. As a general rule, a second-hand van should not cost you more than 20% of your monthly income. Websites such as Edmunds.com have a calculator that can come in handy when buying your vehicle. The calculator not only gives you rough estimates of how much you should spend based on your income but also suggests some cars that can fit your budget.

Build a Target List of Used Vans

To help you create some savings, consider purchasing a used mini that is less popular, but from a reliable manufacturer. Popular van models such as Cherry or Honda can cost you a lot more compared to Chevrolet or Ford. With this in mind, have a target list of at least three different makes that meet your needs and still fall within your budget.

Check Prices and Reviews

To establish whether the minibus you intend to buy fits your budget, visit websites such as True Market Value, Kelly Blue Book, or watch TV motor shows to find out what others have to say about the car. That way you will be in a position to know relevant facts such as the pricing, fuel economy, and other standard features. You may also identify other expenses you are likely to incur once you buy the van.

Find Local Deals in Your Area

A second-hand minivan bought in your area is likely to be cheaper compared to a car purchased far off from where you reside. Search for a local deal on sites such as Craigslist, eBay Motors, AutoTrader or CarGurus.com. Or, look for microbus sales in your area to find an affordable arrangement. Most sites allow you to filter your search using factors such as distance, mileage, features, and price.

Check the Car’s History Report

People sell used minibusses due to varying reasons, and you want to ensure that one of them is not a mechanical fault. If a van’s report is negative, you should not go on with further negotiations. Some companies sell vehicle history reports, but you have to provide the vehicle identification number (VIN) or license plate. Some of the well-known companies that provide vehicle history reports include AutoCheck and Carfax.

The Bottom Line

Finding a minibus that is in line with your budget and needs shouldn’t be much of a problem. You only need to know where to look. Also, don’t forget to check if the dealer is offering to finance. At times, you’re better of getting financing from a dealer instead of your bank. Of course, you have to factor in the interest and repayment period.

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Categories: Transport

Four Costs That Every Car Owner Incurs November 4, 2017

Four Costs That Every Car Owner Incurs

A car is a basic need for many people who want to either use it for business or personal chores. It is among the most expensive purchases that you may ever make in your life, and thus you should know what you are getting into early enough before you commit your finances. It is not one of those purchases that you make out of impulse or peer pressure. You have to evaluate your needs and narrow down to the cars that cater to them. The choice of your dream car will depend on your budget and taste. The following are the various costs that are associated with owning a car.

Insurance costs

Accidents are very common on the roads, and your car can be wrecked in case one happens. Remember this is the car that you use for business or ferrying your kids to school and drive to work on a daily basis. Getting a cover guarantees you that you shall get compensation in case such a misfortune happens and be able to drive your car again. The insurer will cater for small as well as big repairs as long as they are on the cover. The type of cover you take will depend on the state regulations and the type of car.

Maintenance costs

You must maintain your car on a regular basis if you want it to serve you for a long period. Manufacturers will guide you on how often you should change oil, check the suspension system, pressure and stability of the car. You should seek a car repair service that guarantees you of high-quality services at all times. The ideal center should be a one-stop shop for all your maintenance and repair needs to save time. You should ensure that you get original spares when your car needs replacements.

Operating license

You will require various certifications depending on how you use your car. If you are in the cab service, you will require a license to carry passengers from your local authorities. The same will apply if you are in the special transport such as transporting medical supplies. You need authorization to handle sensitive goods such as foods because human lives are at stake. The type of licenses that you may require will vary depending on the state you are operating in. There are some cases where you may find that you require more than one while in others you enjoy your ride without any.

Depreciation cost

Many people always argue whether a car is an asset or liability. It is only fair to say that your car depreciates with time, unlike land which always appreciates. You do not expect to sell your car at the same price you buy it today in five years to come. The only prudent way to determine depreciation is by observing the market trends. Every time you do a repair or replacement, your car depreciates. The value of the car also depends on how frequent the manufacturer produces new models.

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Categories: Transport