Looking for VIN check reports with market value? We have some tips for you and also some suggestions. Buying a used car can save you lots of cash compared to a brand new. Whether you’re after a cheap runaround or a dream machine you’ve lots of choice on the second-hand market. But with murky histories and hard-nosed salesmen, it can be a minefield. This guide is filled with top tips and checklists (we’ve created printable versions so you can bring them with you) to minimise the chance of any nasty surprises.
Smaller cars are cheaper to insure. If you’re looking to save money, you’ll want a car that’s cheap to cover. The cheapest to insure tend to have a lot in common, including size. Put simply, it’ll cost you more to insure a 4×4 than a small city runaround. Cars are placed in groups ranked between one and 50, using research by the Motor Insurance Repair Research Centre (Thatchem). This is based of a range of info including performance, safety features, price of a new model and cost of spare parts. The Hyundai i10, for example, is one of a handful of cars in group one, and thus is cheap to insure.
A vehicle identification number, or VIN, identifies your car. It’s made up of individual numbers and letters with special significance, and provides information about your vehicle. Each VIN is unique to the vehicle. Find out the year of manufacture. The tenth number indicates the year the car was made, or the year of manufacture. It begins with A for 1980, the first year a standard 17-digit VIN was used. Subsequent years follow the alphabet of to “Y” in the year 2000. In 2001, the year changes to the number “1”, and ascends to “9” In 2009. In 2010, the alphabet starts again with the letter “A” for 2010 model years. Read extra details at https://vindecoded.com/.
A rule of thumb: If you’re taking out a loan to pay for your car, your car payment shouldn’t be more than 20 percent of your take-home pay. If you’re sticking to a tight budget, you may want to spend even less. Used cars will need a little extra attention from time to time: new tires, maintenance and the like. And then there are the other ownership costs shoppers sometimes forget to account for, such as fuel and insurance. If the car you’re planning to buy is out of warranty, it might be a good idea to set aside a “just-in-case” fund to cover any unexpected repairs.