When it comes to selling cars, many of us simply do not know the real value of our cars. Often people think that because they paid a high price for their car that they should be able to sell if for a high price, but this is simply not the case. The car is only worth as much as people are willing to pay for it. There are many factors that affect the value of a car and the price can vary drastically even between vehicle of the same make and model. Some of the main factors that will affect the resale value are; mileage, age, condition, service history, MOT remaining and any other repairs that may need doing.
If you take your car to a garage to trade in, they will often give you less than the market value (also known as part exchange value), unless you are buying a new car or a high value vehicle where there is more profit in the sale. Your car may be able to be sold for a lot more privately but you will need to decide if you have the time to do so. You may also have to pay for advertising, so consider this when making your decision.
Brake pads and discs are checked during an MOT and you can expect to have to replace your discs every 40 – 50 thousand miles and you discs every 60-70 thousand miles on average. Although pads and discs are not a huge expensive a full set all round will often cost a few hundred pounds plus and therefore the longer you can keep your brakes maintained the better.
Although your front brake discs are used a lot more than your rear brakes, you may find that the rear ones have to be replaced more often and this is usually due to corrosion. Discs and pads are made from cast iron which is an ideal material to use but the down side is it rusts. The front brakes can quickly wear off any rust that has accumulated by normal braking on a journey whereas the back ones may not be used for a while and therefore the rust just builds up. This can cause pitting on the brake discs and can weaken them meaning they will need to be replaced. Sometimes with a bit of heavy braking, you can remove some of the rust off the discs but if it has built up too much for example, if it has been sat for a long time or over driven short distances, then you will have to fork out for a new set.
Repairs on vehicles regardless of if mechanical or body repairs can be costly. Garages usually put a good amount on top of the cost price of the parts and labour charges can vary from twenty five upwards of sixty pounds an hour, so what may seem like a small job can soon add up.
If you want to try and save money on your car repairs then you can try and sort out the parts yourself. You do not have to be a whizz with cars to do this, just need to know exactly what parts you need. Some garages will not be happy fitting parts that have been supplied by someone else, but if you use a mobile mechanic then often they will be ok with it.
I recently had to have a new coil spring fitted on a 2005 Vectra and was shocked to be quoted £140 for the pair (they are often done in pairs). After doing a bit of shopping around I managed to get the parts for £32 and found a mobile mechanic that would fit them for £35 saving myself a whopping £73!
If you have a personalised number plate assigned to your car, then when it comes to the time you wish to sell the vehicle, you will have to apply to put the private plate on retention.
Putting a private number plate on retention will allow you to keep hold of the plate whilst you find another car to put it on, or enable you to sell the plate on.
The fee to put a plate on retention was reduced in March 2015 from £105 to £80 as DVLA have removed the £25 charge that was in place to renew the retention of the plate on an annual basis. DVLA have also now removed the charge to add or amend nominee details which means the how retention process can be carried out a lot quicker by DVLA.
Once you have put a number plate on retention, you will receive your new V5 detailing the new reg number assigned to the vehicle and a copy of the retention certificate.
If something goes wrong on your car or you need something replacing it can often be a costly experience. You need to know exactly what part you require first to enable you to do your own research in to pricing.
If you have been given a quote by a garage for a part, then ask them for specific details on what the part is and be honest with them and say you may ask for a few quotes off other places – if they are competitive they should not mind this.
Once you have the part details ring up a number of garages, local and national companies to obtain the best price. Be sure to check such things as warranty and time to fit the part as this may affect your decision as to where you have the repairs carried out.
Do not be afraid to barter a bit with the garage and ask them if they would match a lower price or throw in a pair of wiper blades for example.
Electrical faults can be a bit of a nightmare for drivers today, especially considering the fact that cars today use a great deal of electrical components to function, even if they’re petrol or diesel.
If you have a selection of lights on your dashboard flashing, perhaps a problem with your fob or endless electrical complications, then it’s important to get your car checked out. You should visit a garage with an engine diagnostics department.
They are then able to identify any faults and provide the solution. It is important to be aware of the costs involved though, and these test can cost anywhere from £30 to £100, and that’s before they’ve carried out any maintenance or repair work. Electrical issues are real problems on cars, and they can cause severe issues in the long run, so get errors checked out quickly.
If you want to treat your car or simply just want it to look as good as it ever has, then you should definitely consider getting it valeted. We’re not talking about a quick car wash and vacuum, we’re talking about getting it cleaned in detail, every inch.
Professional car valeters will clean the outside, then dry it and wax it, while the components under the bonnet will be wiped down. Then on the inside, you can have your dashboard sparkling, as well as your ashtrays, carpets, seats and mats.
A good car valeter will give every aspect of the car a through clean and some cleaners will work in teams so the job can be completed in an hour or two, so you don’t have to wait around all day for your fresh new car.
When you’re getting a repair carried out a garage, you are allowed a say on the parts being used, and you should always be inquisitive when it comes to the part and the price. OEM car parts (original equipment manufacturer) are the genuine article, and these will serve you better than non-OEM parts in the long run.
Some garages will carry out repairs using generic parts, but they’re going to need replacing a few years down the line and you should never have to pay over the odds for a general car part. Some garages will only use OEM parts and if you choose this type of mechanic you’re going to be guaranteed parts that are designed to last.
If you want your car to last then you quality parts and always avoid installing generic items, so make your voice heard when you’re in a garage.