What is drop shipping? This is an online business model in which the seller does not own a physical goods’ store but instead owns a virtual store and upon getting an order of a product, that order is transferred to the wholesaler who then ships the goods to the buyer. If you would like to venture into drop shipping business, it is important that you understand what is dropshipping and how works. This is an online business and there are many business models you can get on the internet.
You may have retail store where you stock various products and you advertise them on the internet. Similarly, you may have services that you offer through the internet. Drop shipping is a business model where you actually do not have a physical store for goods.
It requires a minimum or little amount to start. In this business, you serve the role of a middleman between the consumer and the wholesale distributor. Practically, drop ship business has a zero investment because you will not be required to set up a physical store. In addition, you do not stock the goods yourself. There are five steps in which the business is done;
1. First, you get your online store from the wholesale distributor
2. You search for customers to buy products
3. You qualify the customer to buy goods
4. Tell the company that you have sold a particular product
5. The company ships the goods to the customer and receives the sales price
6. From the sale you earn a commission of the sold goods
Drop ship wholesalers provide an e-store where you sell products. This makes it convenient for you since you will not have to design a website, though may set a website for backlinking purpose. Searching customers and convincing them to buy products is perhaps the challenging task you have to do. You are a salesperson and must convince consumers to buy goods.
There are different ways you can do this and they include creating a blog site where you post content on topics covering the niche market and products you are selling. This will enable you build a community of readers who can be converted to customers. You also need to engage in social networks in order to create social signals for your blog site and the e-store website.
Social signals will help in ranking your blog site and drop shipping retail web page so that they are easily found by internet users. In addition, you may participate in forums that cover the niche market you are trading in. By participating in the forums, you build your expertise in the topics and create a pool of followers who would like to know more about your business.
This way, they are able to visit your store and see which products you are selling. In addition, you may consider posting articles related to the niche on major directories and authority sites. The aim is to increase the ranking of your store website on search engines. If you have many audiences visiting your site, the probability is that you will get increased sales and this means more commission.
When you get customers, you convince them to buy the products and then you order from the wholesaler and the shipping will be done by the drop shipper supplier. You will not handle the shipping process. Payment is received by the company and you get your commission though some drop shipper may allow you to receive payment.
Tuesday, November 26, 2013
Choosing the Right Drop Ship Products to Sell
One thing you have to consider in drop shipping business is the products you are selling. There are thousands of products you can find but it is important that you identify the sellable ones. In addition, when you are selling, you also need to have some background knowledge on those products so that you are able to engage the consumer in the buying process.
Because it is you dealing with the client, you will answer questions posed by the customers when they inquire more about the products they want to buy. It is important that you sell goods that you are passionate about. This means that you will be interested in knowing more about these goods and how they function, and operate.
If you are handicapped in providing more information about the products especially when responding to customer queries, you can likely to fail in convincing them to buy. You should remember that you are “acting” as the producer of these goods but only that the consumer does not know.
You are representing the image of the company you are selling the goods on behalf. Not all goods you may sell interest you personally and this means that you may not be passionate about them. Therefore, you may opt for necessities like toilet cleaning products and trash can liners. There are products which you may not have interest in but they are a necessity for millions of people and have a high demand.
Items like jewelry, watches, DVDs, pet food, health and fitness products are in high demand. In addition, you have to check on the price of the goods. Too pricey products may limit the number of buyers and also may minimize the willingness of the customers to buy.
Moderately priced goods could attract high number of sales though you may again be discouraged by the commission you get out of a simple sale. Identifying a niche of products to sell could help you specialize in marketing those products. With a good knowledge on these products, you will be able to convince consumers to buy from your store.
Because it is you dealing with the client, you will answer questions posed by the customers when they inquire more about the products they want to buy. It is important that you sell goods that you are passionate about. This means that you will be interested in knowing more about these goods and how they function, and operate.
If you are handicapped in providing more information about the products especially when responding to customer queries, you can likely to fail in convincing them to buy. You should remember that you are “acting” as the producer of these goods but only that the consumer does not know.
You are representing the image of the company you are selling the goods on behalf. Not all goods you may sell interest you personally and this means that you may not be passionate about them. Therefore, you may opt for necessities like toilet cleaning products and trash can liners. There are products which you may not have interest in but they are a necessity for millions of people and have a high demand.
Items like jewelry, watches, DVDs, pet food, health and fitness products are in high demand. In addition, you have to check on the price of the goods. Too pricey products may limit the number of buyers and also may minimize the willingness of the customers to buy.
Moderately priced goods could attract high number of sales though you may again be discouraged by the commission you get out of a simple sale. Identifying a niche of products to sell could help you specialize in marketing those products. With a good knowledge on these products, you will be able to convince consumers to buy from your store.
Online Business Models: Is Drop Shipping Business Right for You?
There are many online business models ranging from auctions, affiliate marketing, to drop shipping. Earning online can be pretty simple only if you identify the right business to explore. With the different options available, it may not be easy to identify the right one. One thing which remains a challenge on many people is choosing appropriate online business to venture into. Drop shipping has been a popular business model for many.
In business, it requires resource inputs including time and finances to be able to excel. Apparently, many people face financial challenges when they want to start a business and this is where drop ship business comes in handy. In this business, you become a middleman to sell goods for a drop shipper company. This means that you are given an online store where you have to sell the products you have identified and when you close a sale, you earn commissions.
This may sound like another affiliate marketing thing. However, dropship is quite different though it takes some basics of affiliate marketing. You have to understand how to get customers visit your online store. This is the only way you will be able to influence them to buy the products. One thing with this business model is that the customer will not know that you are a middleman and therefore, the client has full confidence with you.
You virtually own the store and the goods you sell are not delivered by you, but by the drop shipper company. This means that hassles of shipping goods to customers are taken care of by the company. This allows you concentrate on the most important aspect of getting customers. Because you are provided with an online store, it means that you may not require setting up your website in order to sell the goods from there.
This also helps you in presenting a professional store where customers have no doubt about the products you are selling. Passion and flair is very important in any aspect. You must have the enthusiasm and sense of ownership of the business. Otherwise in any business, there are challenges and risks. With drop shipping business, most of the risks are eliminated and this is because you do not have to investment your money.
You are acting as a middleman and you are given goods to sell. With drop shipping you do not have to purchase and inventory, stock goods or pack and label. You also do not ship the products yourself. This means that you save time and money when you are doing this online business.
In essence, if you do not have a lot of money to invest in business and also do not have an inventory space, drop shipping is the right online business to do. In addition, if you are not sure what you want to sell, then this business model could introduce you to some of the best selling products on the internet. Despite the many advantages with drop shipping business, there are also cons. The aspect of wholesale price and loss of control are major setbacks when you are doing this business.
In business, it requires resource inputs including time and finances to be able to excel. Apparently, many people face financial challenges when they want to start a business and this is where drop ship business comes in handy. In this business, you become a middleman to sell goods for a drop shipper company. This means that you are given an online store where you have to sell the products you have identified and when you close a sale, you earn commissions.
This may sound like another affiliate marketing thing. However, dropship is quite different though it takes some basics of affiliate marketing. You have to understand how to get customers visit your online store. This is the only way you will be able to influence them to buy the products. One thing with this business model is that the customer will not know that you are a middleman and therefore, the client has full confidence with you.
You virtually own the store and the goods you sell are not delivered by you, but by the drop shipper company. This means that hassles of shipping goods to customers are taken care of by the company. This allows you concentrate on the most important aspect of getting customers. Because you are provided with an online store, it means that you may not require setting up your website in order to sell the goods from there.
This also helps you in presenting a professional store where customers have no doubt about the products you are selling. Passion and flair is very important in any aspect. You must have the enthusiasm and sense of ownership of the business. Otherwise in any business, there are challenges and risks. With drop shipping business, most of the risks are eliminated and this is because you do not have to investment your money.
You are acting as a middleman and you are given goods to sell. With drop shipping you do not have to purchase and inventory, stock goods or pack and label. You also do not ship the products yourself. This means that you save time and money when you are doing this online business.
In essence, if you do not have a lot of money to invest in business and also do not have an inventory space, drop shipping is the right online business to do. In addition, if you are not sure what you want to sell, then this business model could introduce you to some of the best selling products on the internet. Despite the many advantages with drop shipping business, there are also cons. The aspect of wholesale price and loss of control are major setbacks when you are doing this business.
Monday, November 25, 2013
The Exclusive Article Writing Sites
After years of my research on the best article writing sites, I have combined a list of over 25 sites that can quickly redefine your career in article writing. These are sites that require high level of writing skills. They pay from somewhere between US$5 to US$30 per 500 word article and some pay even higher. These sites are free to join but you have to pass an online test that they provide.
Once they find your work meets their standards, they accept you to join their team of writers. Jobs are posted on notice boards or emailed to you directly. You can pick the jobs that you feel you can write on comfortably and be able to produce excellent content that is not only compelling to the reader but also informative.
In order to succeed in the application process, you need to submit quality sample article as per their requirement. From my experience, I have discovered that these are the most rewarding sites. If you are looking for an excellent way to earn from content writing, this is your opportunity.
Tips on how to pass sample writing test
The only way you can secure yourself a writing position in these sites is through presenting an excellent write up. The following tips will help you pass the sample test with flying colors and get you a post a copywriter in these sites.
1. Pay per article (PPA) Sites.
2. Pay per word (PPW) Sites.
Writers Network- Paying between $10 and $25, this sites covers casual topics like Home and Garden. The articles are between 300 and 1000 words.
Article Content Provider- This site offers content in form of press releases, ebooks, website landing pages, web content, blog posts, and sales letters. If you have some experience in optimizing web content such as use of call to action, inserting icons, images, and cleanup of codes, then this would be a good site to register. Pay is around $10 per article.
Auction Bytes- With this site, writer write on “How to Topics”, software reviews, websites review, and services reviews. In addition, writers can write on online auctions tips and tricks. The articles are upto 500 words and you negotiate the pay before you begin writing. If you write on collectibles, the pay be $20 per one piece of content.
Break Studios - Write on what you enjoy and make money with Break Studios. If you are a passionate writer on the subject you are writing about, then this is a good opportunity. You have to produce something smart and readable.
Strategy Page - This site pay about $20 for every articles and it specializes in military affairs and wars topics. The site covers armed forces in the world.
Writers Domain - This site needs high qualified blog writers on different topics.
• My SEO Articles
• Writer Access
• Constant Content
• Hiring Writers
• AOL Seed
• Real Media Group
• Demand Studios
• Contently
• Green Light Articles
• Dot Net Slackers
• Love To Know
• CM Copywriters
• Best Five Everything
• London Brokers
• Articleteller
• Highquality writing
Interact Media- a great site that accepts writers from different parts but the standard of writing should be high. The pay ranges from $4 to $30 depending on the words to be written. Publishers also choose the rate to offer to writers.
• The Content Authority- you have to write quality articles otherwise this site will not accept low standard work. The pay increases with tier.
• ContentCurrent -
• E-Copywriters
• Dollar Stretcher
Share this article with your friends and help them find the right writing jobs.
We also offer cost effective article writing services. Visit here for more information
Once they find your work meets their standards, they accept you to join their team of writers. Jobs are posted on notice boards or emailed to you directly. You can pick the jobs that you feel you can write on comfortably and be able to produce excellent content that is not only compelling to the reader but also informative.
In order to succeed in the application process, you need to submit quality sample article as per their requirement. From my experience, I have discovered that these are the most rewarding sites. If you are looking for an excellent way to earn from content writing, this is your opportunity.
Tips on how to pass sample writing test
The only way you can secure yourself a writing position in these sites is through presenting an excellent write up. The following tips will help you pass the sample test with flying colors and get you a post a copywriter in these sites.
- When registering, choose the writing fields where you have more experience in and also great interest in. The sample test comes from the fields you choose. You can choose on computing and technology, business and finance, home and gardens, travel and so forth. Choose the most preferred field first.
- Write an original article that is free from plagiarism.
- Follow the instructions carefully. Make sure that the number of keywords requested is what you provide. If you need to bold them, do so. Every instruction of the sample test work matters.
- Do not write when you are tired. Late night writing will make you produce substandard articles for the sample test, which may contribute to failure in passing the test. Write the article when your mind is fresh. This is the time you can concentrate optimally.
- Proofread to catch typos. Check on the spelling mistakes, grammar, sentence structure, use of punctuation marks like commas, apostrophe, semi colon, colon, opening and closing commas and other punctuation marks.
- Avoid writing too long sentences. Short sentences and paragraphs create readability and prose in your article.
1. Pay per article (PPA) Sites.
2. Pay per word (PPW) Sites.
Writers Network- Paying between $10 and $25, this sites covers casual topics like Home and Garden. The articles are between 300 and 1000 words.
Article Content Provider- This site offers content in form of press releases, ebooks, website landing pages, web content, blog posts, and sales letters. If you have some experience in optimizing web content such as use of call to action, inserting icons, images, and cleanup of codes, then this would be a good site to register. Pay is around $10 per article.
Auction Bytes- With this site, writer write on “How to Topics”, software reviews, websites review, and services reviews. In addition, writers can write on online auctions tips and tricks. The articles are upto 500 words and you negotiate the pay before you begin writing. If you write on collectibles, the pay be $20 per one piece of content.
Break Studios - Write on what you enjoy and make money with Break Studios. If you are a passionate writer on the subject you are writing about, then this is a good opportunity. You have to produce something smart and readable.
Strategy Page - This site pay about $20 for every articles and it specializes in military affairs and wars topics. The site covers armed forces in the world.
Writers Domain - This site needs high qualified blog writers on different topics.
• My SEO Articles
• Writer Access
• Constant Content
• Hiring Writers
• AOL Seed
• Real Media Group
• Demand Studios
• Contently
• Green Light Articles
• Dot Net Slackers
• Love To Know
• CM Copywriters
• Best Five Everything
• London Brokers
• Articleteller
• Highquality writing
Interact Media- a great site that accepts writers from different parts but the standard of writing should be high. The pay ranges from $4 to $30 depending on the words to be written. Publishers also choose the rate to offer to writers.
• The Content Authority- you have to write quality articles otherwise this site will not accept low standard work. The pay increases with tier.
• ContentCurrent -
• E-Copywriters
• Dollar Stretcher
Share this article with your friends and help them find the right writing jobs.
We also offer cost effective article writing services. Visit here for more information
The Role of Writers in Modern Day Business Environment
Content writing is developing as business organizations embrace Internet marketing as a core business mainstream aspect. What this means is that content writers are being sort to provide contents for websites, blog sites, press releases, and other media platforms on the internet.
The business community is at its peak of using content and apparently, for the writers they may not have realized the role they are playing in enhancing the business growth. Indeed, organizations are making billions of dollars from content creation. The internet has provided a level ground for small and large business corporate organizations to create their brand name awareness and market their products and services.
The writer is seen a bridge between marketing products and services and achieving sales. Companies are seeking for contents from writers so that can enhance their brand name on the internet. Only the best writers will secure themselves a place in these article writing sites.
It is upon the writers to maintain their reputation by creating the most outstanding and quality contents that are original, looped around the topic of discussion and compelling to the readers. The following Paid per article writing sites are ideal for all writers. You do not have to apply all of them. You need to read through their profile and see if you meet their requirements.
Indeed, one site can serve your writing needs. Take a tour and visit all the sites. Keenly read what they need from a writer and there you are! You can proceed to place your application. Remember the tips on writing the test sample article. This is the catch where even the experienced writers fail. Follow instructions and don’t rush to do the test.
With increasing competition in copy writing, many writers find themselves locked out in exploring their writing skills optimally due to the competitive bidding processes in the freelancing sites. There are also shared-revenue article writing sites that are a good source of income streams for many. But how reliable and sufficient can these shared-revenue earning sites help a writer earn a living?
Freelance article writing sites
The most known article writing sites are the freelancing sites such as;
• Freelancer
• Directfreelance
• Odesk
• Elance
• Freelanced
• Peopleperhour
• Clickworker
Writers highly compete in bidding for assignments from these sites and one thing about the sites is that you have to be very aggressive in placing bids. The main disadvantage with these freelancing sites is that you may be compelled to bid too low for a job in order to win the bids. You could also spend months without getting any bids in favor of you.
Shared-revenue article writing sites
There are article/content writing sites that are based on revenue-sharing mode. You write on any topic or topics that are provided by the sites and submit. You can submit as many articles as you can. These are some of the good article writing sites because they can create a timeless income stream. If you register with 10 sites for instance; and you submit articles in every site, this can create multiple income streams for the rest of your life. These are appreciated for long term investment in content writing. These sites include and are not limited to;
• Constantcontent
• Helium
• Bukisa
• Voices.Yahoo formerly “Associatedcontent”
• Triond
• Expertscolumn
• Hubpages
• Knoji
All these are good sites and you can develop good income streams from them. With these revenue-sharing sites, you can resubmit the same content to different sites. However, some sites will not accept content that has been submitted to other sites. For example;
• Constantcontent do not allow content submitted to other sites.
• Helium provides its list of topics and you write on those topics and cannot submit them elsewhere.
• Bukisa allows for contents that you have submitted in other sites.
• Associated content from Yahoo allows content submitted to other sites.
• Triond requires that you first submit content in their site before you resubmit the same anywhere else.
• Expertscolumn allows for content that has been submitted in other sites.
With this information, you have a green light on how you can develop an income stream from article writing through share-revenue mode and freelancing sites.
You can also enjoy our cheap writing services on this page....
The business community is at its peak of using content and apparently, for the writers they may not have realized the role they are playing in enhancing the business growth. Indeed, organizations are making billions of dollars from content creation. The internet has provided a level ground for small and large business corporate organizations to create their brand name awareness and market their products and services.
The writer is seen a bridge between marketing products and services and achieving sales. Companies are seeking for contents from writers so that can enhance their brand name on the internet. Only the best writers will secure themselves a place in these article writing sites.
It is upon the writers to maintain their reputation by creating the most outstanding and quality contents that are original, looped around the topic of discussion and compelling to the readers. The following Paid per article writing sites are ideal for all writers. You do not have to apply all of them. You need to read through their profile and see if you meet their requirements.
Indeed, one site can serve your writing needs. Take a tour and visit all the sites. Keenly read what they need from a writer and there you are! You can proceed to place your application. Remember the tips on writing the test sample article. This is the catch where even the experienced writers fail. Follow instructions and don’t rush to do the test.
With increasing competition in copy writing, many writers find themselves locked out in exploring their writing skills optimally due to the competitive bidding processes in the freelancing sites. There are also shared-revenue article writing sites that are a good source of income streams for many. But how reliable and sufficient can these shared-revenue earning sites help a writer earn a living?
Freelance article writing sites
The most known article writing sites are the freelancing sites such as;
• Freelancer
• Directfreelance
• Odesk
• Elance
• Freelanced
• Peopleperhour
• Clickworker
Writers highly compete in bidding for assignments from these sites and one thing about the sites is that you have to be very aggressive in placing bids. The main disadvantage with these freelancing sites is that you may be compelled to bid too low for a job in order to win the bids. You could also spend months without getting any bids in favor of you.
Shared-revenue article writing sites
There are article/content writing sites that are based on revenue-sharing mode. You write on any topic or topics that are provided by the sites and submit. You can submit as many articles as you can. These are some of the good article writing sites because they can create a timeless income stream. If you register with 10 sites for instance; and you submit articles in every site, this can create multiple income streams for the rest of your life. These are appreciated for long term investment in content writing. These sites include and are not limited to;
• Constantcontent
• Helium
• Bukisa
• Voices.Yahoo formerly “Associatedcontent”
• Triond
• Expertscolumn
• Hubpages
• Knoji
All these are good sites and you can develop good income streams from them. With these revenue-sharing sites, you can resubmit the same content to different sites. However, some sites will not accept content that has been submitted to other sites. For example;
• Constantcontent do not allow content submitted to other sites.
• Helium provides its list of topics and you write on those topics and cannot submit them elsewhere.
• Bukisa allows for contents that you have submitted in other sites.
• Associated content from Yahoo allows content submitted to other sites.
• Triond requires that you first submit content in their site before you resubmit the same anywhere else.
• Expertscolumn allows for content that has been submitted in other sites.
With this information, you have a green light on how you can develop an income stream from article writing through share-revenue mode and freelancing sites.
You can also enjoy our cheap writing services on this page....
Saturday, November 23, 2013
The Most Important Considerations When I Sell my Car
Many people are put into task of deciding whether selling car is the right decision. The fact is that it is not easy to know when it is the right time to sell your car. However, when you have made a decision and want to sell that Ford Taurus, Land Rover, Audi, Jaguar, Mercedes, or Chevrolets, you need to search for the primed sell my car for free dealers or companies in order to get good cash value from it.
Selling car becomes a right decision if you are getting satisfaction out of it or it will help in a way than if you did not sell it. There are situations which compel you to sell a car such as when you are faced with a loan repayment problem. If you have borrowed a loan and you are rendered jobless as a result of redundancy, then you may not be able to repay that loan. If you are bankrupt, then you may not be able to meet your financial challenges.
At other times, you may want to sell a car in order to get cash to boost your business. These are viable reasons which are worth the need for selling the car. They will help you solve a financial problem. On the other hand, there are vehicle-maintenance related aspects which will prompt you to sell car. For instance, if your car has started experiencing mechanical problems such as oil leaks and burning oil from the tailpipe, this means that it is beginning to take up huge amounts in repairs.
Increasing costs of maintaining a vehicle is a good reason for selling car. Keeping it with you may only result to further financial losses through hefty repair costs. In addition, if the car is old fashioned and you want to go with the new models; you may also sell it to buy that latest model you find in the market. Most automobile owners keep their cars immobile for long. When a car does not run for a lengthy period of time, it develops problems.
A car that does not run for an extended period of time will begin to dry up its engine and transmission seals. These are costly repairs that can stretch your financial expenses. It is important to consider selling a car that is not in use and which has remained immobile for a long time. Otherwise you may have to sell a car at very low price.
Although there are good reasons for selling your car, there are also times when you should not sell that vehicle. If you have not identified a suitable buyer that can offer the value for your car, then you need not sell it. This can create emotional suffering when you realize that your “exit strategy” in selling the car was untimely.
You should first make sure you have identified a good buyer. You may have to advertise the car in several online automobile dealer sites. You may also need to contact auctioneer sites. In essence, selling car is a right decision if you have evaluated all the considerations and why you have to sell it and have ascertained that it is worthwhile trading it for cash. You may use the many but reputable sell car online companies that offer car selling dealership services.
Selling car becomes a right decision if you are getting satisfaction out of it or it will help in a way than if you did not sell it. There are situations which compel you to sell a car such as when you are faced with a loan repayment problem. If you have borrowed a loan and you are rendered jobless as a result of redundancy, then you may not be able to repay that loan. If you are bankrupt, then you may not be able to meet your financial challenges.
At other times, you may want to sell a car in order to get cash to boost your business. These are viable reasons which are worth the need for selling the car. They will help you solve a financial problem. On the other hand, there are vehicle-maintenance related aspects which will prompt you to sell car. For instance, if your car has started experiencing mechanical problems such as oil leaks and burning oil from the tailpipe, this means that it is beginning to take up huge amounts in repairs.
Increasing costs of maintaining a vehicle is a good reason for selling car. Keeping it with you may only result to further financial losses through hefty repair costs. In addition, if the car is old fashioned and you want to go with the new models; you may also sell it to buy that latest model you find in the market. Most automobile owners keep their cars immobile for long. When a car does not run for a lengthy period of time, it develops problems.
A car that does not run for an extended period of time will begin to dry up its engine and transmission seals. These are costly repairs that can stretch your financial expenses. It is important to consider selling a car that is not in use and which has remained immobile for a long time. Otherwise you may have to sell a car at very low price.
Although there are good reasons for selling your car, there are also times when you should not sell that vehicle. If you have not identified a suitable buyer that can offer the value for your car, then you need not sell it. This can create emotional suffering when you realize that your “exit strategy” in selling the car was untimely.
You should first make sure you have identified a good buyer. You may have to advertise the car in several online automobile dealer sites. You may also need to contact auctioneer sites. In essence, selling car is a right decision if you have evaluated all the considerations and why you have to sell it and have ascertained that it is worthwhile trading it for cash. You may use the many but reputable sell car online companies that offer car selling dealership services.
Selling My Used Car...Why Used Cars Sell Fast than New Ones
There is a correlation between the increased number of used car buyers and the depreciation aspect of cars. If I wanted to sell my car quickly, I would do that when it has depreciated in value but the depreciation ought not to have gone so high. The mileage a car has covered is one of the aspects used to determine its depreciation and this is an element that affects how I sell my used car. A car that has covered about 100,000 miles is at the peak level of usage where it can still fetch you some good money.
Car buyers have learned that when a car is newly bought from the manufacturer or automobile dealers, it loses much of its value in the first year. It is said that the depreciation of a car is steeper when it is new. The moment you drive a new car you have bought from a dealer, it loses a large amount of its value immediately.
From the dealer, you buy your car at the dealership price of a new vehicle and once you have driven it home, it has already lost so much in its value. When you examine this aspect hypothetically, you may argue that when purchasing the car, you pay a retail price. This is the price of a dealer. As soon as you take off from the lot, the car price turns to wholesale and this is the amount of money a dealer would be willing to pay for if you turned around and headed back to sell the same new car to the dealer.
The new car loses a big chuck of its value as you drive it off the lot and this amount is in form of the taxes you paid, the licensing and other costs, which are attached to brand new cars. This is money which is gone for good immediately you drive off the lot of the dealer. Charlie Vogelheim, an editor of Kelley Blue Book, said that "Just the difference between wholesale and retail prices is a large amount of what goes right away into waste,” and this is indeed true.
In addition, the same car loses about 15 to 20 percent of its value every year. The reason why the depreciation of the car is steeper when it is new is because the calculation of depreciation value is based on its current value. If you have a 1-year old used car, which is worth £10,000 and it loses 15% of its value each year, then it means that at the time it is 2 years old, it will be valued at £8,500.
At 3 years old, then its value would be £7,225. The amount in which the car depreciates reduces significantly as years advance. Many buyers avert this depreciation and buy the car when its value has gone down. This is one aspect which has resulted to increased demand in used motor vehicles that have covered around 100,000 miles. These are cars that are still in good condition and if reconditioned, they can offer good services.
If you are selling used car, you will be able to get a buyer easily as long as you advertise it through the different channels. Another aspect which is compelling people to buy used cars is because borrowers have been faced with financial challenges after the economic recession and may not be willing to spend a lot in buying brand new cars. This makes it also easy for you to sell used car. In essence, there are many market aspects that favor you when you are selling your car through the sell my car companies.
Car buyers have learned that when a car is newly bought from the manufacturer or automobile dealers, it loses much of its value in the first year. It is said that the depreciation of a car is steeper when it is new. The moment you drive a new car you have bought from a dealer, it loses a large amount of its value immediately.
From the dealer, you buy your car at the dealership price of a new vehicle and once you have driven it home, it has already lost so much in its value. When you examine this aspect hypothetically, you may argue that when purchasing the car, you pay a retail price. This is the price of a dealer. As soon as you take off from the lot, the car price turns to wholesale and this is the amount of money a dealer would be willing to pay for if you turned around and headed back to sell the same new car to the dealer.
The new car loses a big chuck of its value as you drive it off the lot and this amount is in form of the taxes you paid, the licensing and other costs, which are attached to brand new cars. This is money which is gone for good immediately you drive off the lot of the dealer. Charlie Vogelheim, an editor of Kelley Blue Book, said that "Just the difference between wholesale and retail prices is a large amount of what goes right away into waste,” and this is indeed true.
In addition, the same car loses about 15 to 20 percent of its value every year. The reason why the depreciation of the car is steeper when it is new is because the calculation of depreciation value is based on its current value. If you have a 1-year old used car, which is worth £10,000 and it loses 15% of its value each year, then it means that at the time it is 2 years old, it will be valued at £8,500.
At 3 years old, then its value would be £7,225. The amount in which the car depreciates reduces significantly as years advance. Many buyers avert this depreciation and buy the car when its value has gone down. This is one aspect which has resulted to increased demand in used motor vehicles that have covered around 100,000 miles. These are cars that are still in good condition and if reconditioned, they can offer good services.
If you are selling used car, you will be able to get a buyer easily as long as you advertise it through the different channels. Another aspect which is compelling people to buy used cars is because borrowers have been faced with financial challenges after the economic recession and may not be willing to spend a lot in buying brand new cars. This makes it also easy for you to sell used car. In essence, there are many market aspects that favor you when you are selling your car through the sell my car companies.
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