Jeremy provides useful advice on car finance.
GUIDE TO BUYING A CAR ONLINE
Previously, people who wanted to buy cars had to go to local dealers to do so but now with the advent of the internet, buying cars has become very easy and economical. Customers looking for good car deals had to rely on their local dealers, now they can access Australia-wide. Buying cars online gives you the opportunity to select the car of your preference. The cost of buying cars online depends on the location it is being sold. A
dealer has to incur costs of co-operative advertisement and keep a margin of profit when selling cars. Thus, depending on where the car comes from, costs will vary accordingly. Dealers sometimes experience high advertisement fees for better exposure thereby increasing the price of the cars. Big cities have higher overhead costs and therefore, a car being sold in Melbourne will cost more than one being sold in Kalgoorie. All these hidden expenses are included in the final asking price. Perth is actually one of the cheapest places to buy a used car as there is fierce competition between used car dealers, and often prices from vehicles bought from dealers are cheaper than prices from private sales.
Buying cars online from interstate has the disadvantage of transportation. Unlike buying from local dealers where you can drive the car back home, vehicles that are bought online have to be shipped. Shipping costs of the car have to be undertaken by you and these costs again differ depending on your geographic location and the dealers. The further the location of the dealer, the higher the shipping cost. Since the dealers who are selling online have more cars to sell and a wider public to satisfy, their profit margins are not as exorbitant as compared to local dealers who have fewer cars to sell. Due to the high volumes of cars sold by online dealers, the charges on shipping are very minimal.
Open to air car carrier trucks are normally used to ship the cars. Depending on your preference, closed trucks can also be used. However, these are more expensive and can thus cause additional costs. It helps to cover your car so to prevent any stone damage. Shipping of cars is safe and can be done within 1-2 weeks of purchase. If more car deliveries are being done in your area of residence, the transport is quicker. To keep a tab on the whereabouts of your car, you can take the mobile number of the truck driver.
This helps ensure the exact location of your car at all times. You can also choose to have the car delivered direct to your local dealer if bought from the factory. Prior arrangements should however be made since some dealers may not consent because the car was not bought from that particular dealership. Once the agreement between you and the dealer regarding the price of the car is prepared, a small down payment can be made via credit card or any other means suitable to the dealer.
All the necessary signing documents and paper work will then be sent to you through courier service and after proof reading and putting your signatures wherever required, the courier is resent to the dealer with a copy of your driver’s licence. A small documentation fee will be charged for the procedure. Registration fee and taxes for the car depend on the state youwant the license from as all the states have their own laws. Car finance needs to be arranged beforehand, and there are many online car finance brokers around to help.
Phone, fax or e-mail can be used to communicate with remote dealership when buying a vehicle online. Since meeting the dealer face to face is not possible, you can figure out if the dealership is good by looking at how prompt they are at responding to your queries and how willing they are to help. Buying cars online has thus become very simple.
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