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Irena Hood
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Bet R Buy Auto Sales !LINK!



Jason Tyler, director of research operations for Ariel Capital Management, an institutional investment firm based in Chicago, said that GM (GM, Fortune 500), Ford (F, Fortune 500) and other companies with strong ties to the U.S. automotive industry could make sense as short-term trades.




bet r buy auto sales



"It appears Congress is unwilling to allow the major auto manufacturers to enter bankruptcy. That provides some confidence about their future," he said. "GM and Ford have beaten up so much that once you take bankruptcy off the table, if investors wanted to play a high-risk, high-return game, it might make sense to look at the stocks."


With that in mind, Tyler said the only automotive stock that his firm owns is Japanese car manufacturer Toyota Motor (TM). Tyler said he likes Toyota because he believes the company has done a better job of producing cars that people want to buy and has proven it can generate healthy returns on investments.


Ed Maraccini, a portfolio manager with Optique Capital Management in Milwaukee, said his firm owns auto-parts manufacturer Magna International (MGA) and would be comfortable buying more at current levels. The stock has plummeted 66% this year, largely due to the Big Three's struggles.


Of course, any investment in the automotive industry -- domestic or foreign -- is an incredibly big gamble. So nobody should go out and put a huge amount of money into the sector, especially if you don't have the stomach for more volatility.


In terms of the best time of the year, October, November and December are safe bets. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. All three goals begin to come together late in the year.


When you buy a car from a private party, your best bet may be to pay for the vehicle yourself. You may be able to get a car loan for a private party sale, but it can be complicated. Also, the terms for private sale auto loans are typically less favorable. In either case, you'll need to figure out how much money you can put down on the car now and how much you're willing and able to borrow. That should give you an idea of your budget for your purchase.


Across the industry, on average automotive dealers make more money selling loans at inflated rates than they make from selling cars. Before you sign a loan agreement with a dealership you should contact a community credit union or bank and see how they compare. You can often save thousands of dollars by getting a quote from a trusted financial institution instead of going with the hard sell financing you will get at an auto dealership.


When an individual buys a car, they are typically buying the transportation they will rely on for years to come. For most people this is a major investment, second only to the purchase of a home. Most drivers intend to own the car for a long while. After all, few people have the resources or options to upgrade their vehicle often. The average auto loan hit a record of $31,455 in the first quarter of 2018, with the average used car loan running $19,708. Americans have over $1 trillion in motor vehicle credit outstanding.The following table from Experian shows how much people with various credit ratings typically are charged for loans.


Careful consideration must be paid to whether the individual wants to purchase a new one or keep their existing automobile. If their existing vehilce is no longer reliable, the choice may already be made for them. If the owner is facing a costly repair, purchasing another one may be the most cost effective way to fulfill their transportation needs.


Another factor to consider when planning to purchase a new car, is whether to lease or buy the vehicle. Though many individuals believe that if a vehicle is leased, when the lease expires, they have nothing to show for the months of payments and the downpayment, if applied. However, there are many advantages to leasing a new car. The first advantage is that the purchaser does not shoulder all of the costs of initial depreciation. When a new car is purchased, it immediately depreciates when the owner takes possession of the vehicle. If the owner attempted to sell a week after they purchased, the sales price would be much less than the price they paid. When an individual purchases an automobile, they assume all of the costs of depreciation, as well as rest of the value of the vehicle.


The main advantage to purchasing versus leasing is that when the automobile is paid off, the individual owns it. However, the owner has shouldered the entire cost of initial depreciation, as well as the depreciation that has occurred over the course of the loan. If the individual had less than stellar credit when they made the purchaser, they were likely charged a high interest rate on the loan. This likely translated into payments that were much higher than if they would have leased it, and the payments may have even extended over five or more years.


There are several advantages for purchasing used instead of new. However, purchasing used does have a few disadvantages, too. For example, the vehicle typically will no longer be under any type of warranty & third party warranty services can be quite expensive. It may also have significant wear and tear on the engine and other vital drive train parts, especially if it has been used as a fleet vehicle or owned by an individual who traveled a great deal, such as a sales professional. When purchasing used, if you want to avoid expensive repair fees it is typically best to purchase something that is only two or three years old with low mileage. On average, cars clock about 12,000 miles per year. If a three year old vehicle which has over 100,000 miles on the engine is probably not a good bet.


When the buyer is ready to purchaser, there are many factors to consider before meeting with a salesman or a private seller. By spending some time doing a little preparation work, the buyer will be able to save money on the vehicle, the loan, and on insurance premiums. With a little forethought, the buyer will be able to make an informed choice about the type of vehicle they need. Purchasing a car need not be a stressful experience. With a little homework and preparation, the buyer will be able to successfully navigate the process.


Fflooding is just one example of a lemon. Manufacturer defects may account for problems, as well. One way to buy a reliable option is to examine the general maintanence needs for the car, the maintanence log from the seller and the vehicle history report from an agency such as Carfax. If the car has had damage, such as flood damage, or if it was previously totaled, these issues will show up on the vehicle history report. If the potential purchase is through a dealership, the individual may ask to see the vehicle history report prior to purchase. However, be prepared to walk away if the salesperson does not wish to disclose the report.


When considering the purchase of a certain used car, perform as much research as time will allow on that particular make and model. By researching a particular make and model, certain patterns may develop. Reviewers and owners may have first-hand information about repairs needed on the car, recurring problems and recalls. Read professional reviews from sites like Edmunds.com and Consumer Reports. Find out everything possible about that particular make and model before making the purchase. Research lemon listing sites to see if that particular make and model is listed. Services like Carfax show background information on automobiles.


Shoppers do not necessarily need to purchase high efficiency models to save money on fuel. Four cylinder engines are more fuel efficient than six cylinder engines. The smaller the automobile, the more fuel efficient it will be. Cars are more energy efficient than trucks and SUVs. If the buyer travels a great deal each week, they must consider the costs of fuel to operate the vehiclel. Sticking to smaller cars and foregoing the SUVs and larger trucks is one way to ensure fuel savings for long commutes.


Even if the purchaser is a talented negotiator, sites such as CarsDirect and TrueCar provide a baseline of data that they should arm themselves with before confronting the dealer or seller. No matter how it is accomplished, buyers are advised to utilize all resources and become educate with regards to an acceptable purchase price before dealing with the seller or salesperson. Just remember that the asking price is often set with room built in for negotiation.


One responder to a survey about when the best time of year to buy suggests that during the Superbowl is the best time of year to buy. This person apparently went into a dealership when the salespeople were gathered around a TV watching the game. The salesman gave the purchaser a great deal in record time, and did not try to sell the customer any extras, simply to get back to watching the game. Though this study is anecdotal, it does give shoppers something to think about.


Other experts believe that any time of year is the best time for purchasing so long as you are flexible with your options. The fact is, buyers may negotiate good deals any time of the year. Dealerships will often offer special sales on particular makes and models, or they may have sales over a period of time. As long as the buyer does their homework and shops around for the best deals, and they are able to negotiate a good purchase price, any time of the year can work.


Many buyers do not consider the question of manual versus automatic transmission. If the buyer purchases a car with a manual transmission and does not yet know how to drive it, they might damage the clutch in their attempts to learn, racking up a large repair bill before they even begin to enjoy it. However, a friend or family member will likely teach the buyer to drive a manual before they purchase.


A manual transmission vehicle will get better gas mileage than an automatic transmission. However, the trade off is that a manual transmission is more cumbersome to drive in heavy city traffic. With the constant clutching required to shift and down shift, automatic transmissions are often preferred for driving in heavy city traffic, especially in cities that are hilly like San Francisco. 041b061a72


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