Pharm Tech Titans

Good History. Aside from being vouched for performance by its brand and model, its previous owner can well back it up by actual performance through actual experience. Every used car has its history and value and this is where a buyer has a good chance of making a great deal by getting the background of the car. Unlike the case of brand new cars where each car of the same brand and model will have the same value where you have to rely with its performance on how the manufacturer describes it.

So, let’s say the car you want has a high book value of $5,000 and a low book value of $4,000. You’ll need to come up with a $1,000 down payment, either with a trade-in or sale of your old vehicle, with the remainder in cash, or a combination of funding. The bigger the down payment, the easier your bad credit car financing venture will be. Remember, the bank also wants you to have a vested interest in making good on the loan. This is also advantageous to your bottom line. The less you finance, the less interest you’ll pay over the term of the loan. Your monthly payment amount will also be less. Generally, with bad credit, you’re going to have a high APR attached to that loan.

Is there any risk involved? You’re taking more of a risk when buying from these type of car auctions because the cars are sold in as-is condition and will need repairs and/or body work done. Sometimes the repairs could be as little as replacing a bumper to something so serious the car can only be used for parts. The car could’ve also been in a flood which will cause the electrical system to go out sooner or later. So, know what you’re getting into!

With digital sets another dimension has been added to the racing action. You can race more than one car per slot and change lanes, make passing moves or blocking moves, program in pits tops, ghost cars, yellow flags etc. This is much more like the real motor sport. There are sets where you can race 8 cars at the same time on a 2 lane slot car set. They are more expensive than the analog sets.

Most 2001 ford explorer yards buy cars for cash either to crush for scrap metal or to dismantle and sell the parts off the cars. Depending on the yard, they may be more focused on pushing out mass amounts of volume of scrap metal, while other yards main priority may be to buy junk cars to dismantle and sell the parts.

Years later Kelly confided in me that the dirt lot with the sign hardly ever sold a car; he pretty much did it all with Auto Trader ads. I asked him what his secret was, and he broke out a small worn-out blue notebook scribbled with pages of notes. In the front was a checklist that every car he bought and sold had to pass. He jokingly referred to it as his “kelly blue book of car value,” a play on words on the famous Kelley Blue Book (the industry standard for used car values).

Automobiles confer status on their owners. They can be an outward representation of the owners’ personalities. Fast, sporty cars, family vans, or luxury sedans all create an image in our minds about the drivers.

So, these are few of the car types which face problem in the refinancing market. But it is important to understand that nothing is black and white. A lender may be impressed by your income and financial stability and decide to refinance your car. Another lender may decide to refinance your car even if it is eight years old and someone will reject even a four year old car.