Ferrari

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Careless Valet Driver Wrecks Ferrari 599 GTO

April 09, 2015 / by / 0 Comment

A nightmare for any car owner, a valet driver of the Hotel Exedra in the south of Rome, Italy, crashed a highly exclusive Ferrari 599 GTO into the front of a shop while bringing the car back to its owner who had just attended a meeting of the Ferrari Owner’s Club along with his wife.

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2015 FXX K Ferrari – Review

December 19, 2014 / by / 0 Comment

Ever had dreams of owning a car that is different from the conventional vehicles and has a weird but incredibly unique look? Well, apart from me, Ferrari knows that such cars exist. An example of such sophisticated vehicle is the flagship FXXK by Ferrari. Although this auto cannot get driven on regular roads, the latest LaFerrari embodies the pure racing machine on the track. FXXK is currently the only racing car that boasts the application of the V12 drivetrain found in most conventional vehicles. With an additional drive power of 101 hp, other features make this vehicle “road-illegal”.

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Auto News

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What’s the Lamborghini Urus SUV All About?

May 29, 2015 / by / 0 Comment

Lamborghini has long been known for being a high-end name in the world of sports cars. Today the company is developing a new SUV that is expected to be released in 2018. The Lamborghini Urus SUV is currently in its conceptual stages and will be produced in 2018 according to the company’s plans.

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BMW Brings Traditionally-Inspired 3.0 CSL Hommage Concept Car

May 14, 2015 / by / 0 Comment

Following its tradition, BMW is ready to pay homage to legendary BMW 3.0 CSL that is due to be unveiled at the Concorso d’Eleganza Villa d’Este on May 22. The 3.0 CSL Hommage concept car takes its inspiration from the 1972 BMW E9 3.0 CSL that was once known as the ‘Batmobile’ for its full aero package.

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17 Oct

Sell, Trade, or Donate: What to Do with Your Old Car When You Buy a New One

By / on Auto Guides , Auto Tips

Ahhhh, that new car smell. It’s less about the actual scent, of course, and more about what it represents: fancy new features, a pristine interior, an exterior that’s free of dents and dings, and the possibility of fun-filled road trips to exciting new destinations.

what to do with old car

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No matter what make and model it is, a new or new-to-you car makes your old one look — well, like a clunker. And speaking of that old car, what are you going to do with it? After all, pretty soon you’re going to be transferring your plate and insurance policy, not to mention your sweet fuzzy dice and dashboard Buddha bobblehead, and you will need to get that beater out of your driveway or parking space.

When it comes to divesting yourself of an old vehicle to make room for the new, there are essentially three different options. Here are three points about what to do with your old car. Read on as we take a look at the benefits and drawbacks of each!

Trading in Your Car

what to do with old car

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It’s tempting to trade in your car. But is it wise? That depends, say, experts. If you’re buying from a dealership and want to make it your only stop, trading in a vehicle is very convenient. Really, all you have to do is show up with it (and its title) and the dealership employees will take care of the rest.

In addition, you’ll be able to apply the value of your previous vehicle to your down payment on the new one. Knocking a few bucks off the sticker price definitely sweetens the deal.

However, it’s important to realize that by trading in, you might not be able to recoup as much money on ol’ Bessie as you might be able to ask by selling her outright. There’s also the possibility that the dealer will simply jack up the total cost of the new vehicle to reflect what they’re giving you for the trade-in — so you’re not really getting a deal after all.

That said, some people choose trade-ins for their convenience factor. It may be worth taking a loss to eliminate the hassles of cleaning and detailing your car, listing it for sale, meeting potential buyers, and so on.

Selling Your Car Outright

what to do with old car

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Really want to get the most money you possibly can for your used — or, rather, “previously enjoyed” — vehicle? It will take some time, effort, and elbow grease, but selling it outright is the most lucrative option.

According to Kelley Blue Book, you might be able to net 12% more by selling the car privately than by trading it in. This is particularly true if your ride is in good condition, both mechanically and aesthetically. While you can certainly offer it up on an “as-is” or “needs-work” or “great-side-project-for-someone-who-just-likes-tinkering-with-cars” basis, you’ll recoup the most value by giving it some TLC.

The downsides of selling your car privately? Well, there’s a few of them. It takes time — weeks, if not months, from start to finish. Be prepared for a lot of calls and emails, at least a handful of flaky folks who don’t show up at the appointed time, and of course taking steps to protect yourself from fraudsters. Once you’ve found a buyer and negotiated the price, there’s also plenty of paperwork to fill out. All told, listing a used Ford Focus for sale through Craigslist, Facebook Marketplace, or another classifieds site isn’t the easiest undertaking, but it’s probably the one that will net you the biggest bucks.

Donating or Gifting Your Vehicle

options for what to do with old car

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Lastly, you can do a good deed by donating or giving away your car. Have a child, sibling, nephew or niece, neighbor, or other acquaintance who might get good use out of it?

Although you may not think it’s necessary, you should draw up a contract or bill of sale. That will protect your interests and make the gift “official.” The next step is transferring the title, which will require a trip to the local Department of Motor Vehicles.

Some states require additional forms and documents, so be sure to check and double-check that you and the car’s recipient have crossed all the Ts and dotted all the Is.

Donating your car to a charitable organization is a relatively quick and painless way to get it off your hands. However, it’s important to do your homework; in some cases, the donation’s value — or lack thereof — is more of a headache than a help. Only 5% of donated vehicles can actually be used by the charity itself. The remainder are either auctioned off or junked.

Choose a charity that is recognized by the IRS as a 501(c)(3) organization. Make certain that you have all the paperwork in place to avoid an audit and to claim the donation as a tax deduction.

Which Option Is Best for You?

ideas about what to do with old car

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There are numerous factors to consider when you’re deciding whether to sell your old vehicle, trade it in, or give it away to either a charity or an individual. Do you want to make as much money as possible, or would you rather go the easy route and just get someone to take it off your hands? Either way, it’s important to divest yourself of that clunker ASAP, so you can get your shiny new set of wheels that much sooner!

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29 Jul

Is it Worthwhile Investing into a Car That Has Been Damaged in a Crash?

By / on Auto Tips

There are plenty of benefits why you might want to buy a car in an online auction. It could be to grab yourself a bargain that you can then drive around, or it might be as a way to make some money by selling it on.

The thing is, with so many cars at online auctions, like vehicles on Car.co.uk that are damaged or that require work, it can be hard to know whether or not it is worthwhile actually making the investment and buying a car at an online auction. So, let’s take a look at the basics that you need to think about.

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26 Jul

Can I Get a Warranty on a Rebuilt Title?

By / on Auto Guides , Auto Insurance

If you’ve been looking for ways to save even more money beyond buying a car used, you may feel that you’ve discovered a gold mine when you learn about automotive auctions. That’s because many auction sites offer salvage cars for sale at heavily reduced prices. However, you may be wondering what it means to have a car with a salvage title, and if it’s even legal to drive one.

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24 Jul

How to Transfer Your Number Plate to Another Vehicle

By / on Auto Guides

When purchasing a new car, most people will simply accept whichever number plate the vehicle automatically comes with. This is because generic and standard number plates are all very similar. Though the numbers and letters themselves are different, there are very few benefits to having one over the other. However, things are a little different if you have a private number plate.

There are a lot of reasons for having a private number plate but whatever the reason, they cost money. So, if you have purposely chosen a private number plate, you will surely want to transfer it when you get another vehicle. Luckily, this can be done relatively easily.

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