New GMC models are a great choice if you can afford them, but for many people, getting a new car is not an option. Instead, you will want to check out the long list of pre owned GMC vehicles in your area. This will let you buy a brand of car that you can trust while you are getting a better deal that you can afford. But in order to get a pre owned GMD vehicle that works for you needs, you will want to shop around for awhile.

From trucks to sedans to SUVs, GMC pre owned vehicles come in all shapes, sizes, and colors. To get the right pre owned vehicle for you, you will want to check out your needs. If you are going to be hauling items around, you may want to consider purchasing a GMC truck. For those who need to haul the kids around, a sedan or SUV may be a better fit, But whatever model you choose, you know that id you go with a Pre owned GMC model, you will be getting a great car or truck.

Most pre owned dealers will give you all of the information on the car that you need, including a vehicle history report, the balance of the powetrain warranty plus an additional year on the warranty, and a mechanical inspection report detailing all the was checked and repaired on the car before it was put out on the lot. This will save you many headaches later if something should happen to the car and you need to get it fixed.

Pre owned GMC vehicles are perfect for any type of driver, and you will be able to get great use out of and pre owned GMC car, truck, or SUV that you purchase.

Posted by Amanda in General Motors

The history of GM, the world’s largest automaker, saw its beginning in 1908. The company was founded by William Durant in the year 1902. The shrewd businessman that he was, Durant realized that the future lay with cars and not carriages. Initially, the company was founded as a holding company for Buick. The latter part of the year saw the company acquiring Oldsmobile, followed by the possession of Cadillac, Oakland and Elmore in the very next year.

Many of the motor companies were in dire straits during the difficult years of the early 1900’s. The stock market panic in 1907 put a lot of small companies into financial distress. Many of these companies were running on credit from various bankers. This was a golden opportunity for Durant, who proceeded to buy smaller car builders, and companies that built car parts as well as car accessories. In 1908, these various companies were folded into a single unit, thus creating the new GM entity. This marked the exciting beginning of the true history of GM.

William Durant was a flamboyant businessman whose curious mix of genius and over-reaching took GM both to its heights as well as plunged it into financial distress. In 1910, bankers were forced to step in to prevent financial collapse of GM, and Durant was removed from the company he had founded. But by 1911, the company had made enough advances into the international market that the General Motors Export Company was established to handle sales outside the U.S and Canada.

Durant managed to use another company he formed, Chevrolet, to come back to power in GM during 1915, and the history of GM from 1915-1920 is full of successes. During this time, the Cadillac became wildly successful. In 1918, GM bought the operating assets of Chevrolet Motors. But, soon America was hit by a power recession and in 1920, Durant again found himself out of the company.

During the financial boom in the 1920’s, the history of GM virtually glowed with success. Auto sales reached the 4.5 million mark, and the auto industry now had three giants - GM, Ford and Chrysler. GM now had a brilliant engineer turned industrialist at its helm. Alfred Sloan who was later acclaimed for his marketing genius had slowly worked his way up among the ranks of GM. His marketing genius breathed a fresh lease of life into GM that was beginning to get overshadowed by Ford.

Ford’s philosophy of giving the public the best value for their money offered little variety. But Sloan and GM were interested in providing the public with more than a black box. Stylish colors, features and comfort became the new motto of the company. GM also made a path-breaking offer - the public could now buy a car on credit. The five brands of GM - Pontiac, Cadillac, Buick, Oldsmobile and Chevrolet began changing every year with the focus being directed mainly at looks and style. This strategy paid rich dividends. Ford was pushed to the backseat again by GM.

The great Wall Street crash in 1929 put an abrupt stop to all expansion plans at GM for the time being. Stocks of GM fell rather badly. But, by early 1930’s GM bounced back and bought the Yellow Coach bus company. In 1930, GM bought Electro-Motive Corporation, the internal combustion engine railcar builder. The next 20 years saw GM powered diesel locomotives running on American railroads. December 31, 1955 is another landmark in the history of GM. GM became the first company to make more than a billion dollars in a year.

There was a time in the History of GM when it was the largest corporation in the US. The history of GM also shows that there was a time when GM was the single largest employer in the world. But, in recent times GM has been beset with financial woes. November 2005 saw GM booking a $4 billion loss and about 30,000 employees were laid off. 12 plants were closed down.

Posted by Amanda in How to research used cars

If someone wants buy a car, there are two most common places to go which is probably the only known locations where people can buy cars: new car dealers and used car dealers. The fact is, there are several, not so popular alternatives to these two places. And one of those is buying repo car.

What are repo cars?

Repo cars are privately owned vehicles that have been seized either by the bank, financial institutions or the government. Reasons vary why these cars have been repossessed. It may be because the owner fails to pay for the car mortgage or the car has been used as a lien for another loan, probably a house mortgage. Either way, these cars will become a bank’s, financial institution, or government’s property.

These cars are not so much of a use to their new owners so they will be sold to the highest bidder, through auction.

Why are repo cars so cheap?

Repo cars occupy so much real property which equates to money lost. So, instead of storing these useless vehicles, it would be much economical to sell it off converting them into liquid assets at the same time saving the real property. Depending on the seller, the car can cost as little as $100.

The question now is: Is it okay to buy repo car?

This is not a simple question with an instant “yes” or “no” response, since there are several factors to take into consideration, plus the fact that different people have different standards and priorities when it comes to buying a car. However, there are some things you should know about repo cars which should help you decide whether or not to buy one.

Little do people know that when it comes to quality pre-owned cars, a good place to find them is at repo car auction. Quality is not the only thing that makes repo cars so easy to love, you can certainly own a car at a very affordable price. You can even buy a car with as much as 90% savings. Some repo cars can be a little over (or under) a year old. Some may be as good as brand new. Others can be a good old car waiting for its new owner for a great deal.

Finding repo car sellers/auctions is easy. Most bank websites publish a list of repo cars on sale. Government repo cars on the other hand are announced publicly through listings and announcements. There are also specific websites that offer great collection repo cars that are up for bid. Usually, repo car websites require you to pay a membership fee to gain access to their database and some useful information about the vehicle for sale. Membership fee has other advantages. It eliminates “joybidders” and reduces the risk of fraud (however asking for a membership fee is not an assurance of the legitimacy of a repo car website).

Once you find a repo car seller, understand the terms and condition of purchasing be it through auction or non-auction purchase.

In the end, the decision whether or not buy a repo car is up to you but come to think of it, there is nothing wrong with buying repo cars. They are legal, same as other pre-owned cars, and most of all cheap.

Posted by Amanda in How to research used cars

You are excited because you are about to buy your very first car. Thing is, you only have enough money to buy yourself a used car, a pre-owned car, if you will. Aside from the fact that you should only seek classifieds that are reputable sources of cheap used autos for sale in US, it is very important to keep in mind that you need to check the history of the vehicle as well.

Used car listings in US, however reputable they may be, they would still have some cars that are bad buys. To avoid this, you have to do a Vehicle History Reports Check using that car’s VIN or Vehicle Identification Number.

But how can you do this as a buyer? Do you hire a private investigator and track the owner and his car’s history. Nothing drastic like that is needed.

What you can do, after finding a potential car in a site that sell used car in United States, using the VIN of said car, check the history via Carfax or Experian’s Autocheck. You may have to shell out around $15 for Autocheck and $30 for Carfax just for a single check but you can actually avail of their “unlimited” service that you can avail for the period that you are checking out cars to buy. For that, you have to pay Carfax $40 while $25 for Autocheck.

What do these services do?

  • With the car’s VIN, this service can search the database of different DMV’s of the specific state your potential car has been owned in, manufacturers of that car and dealers that dealt with your car. This vehicle history service can even check police reports and repair shops details on what has happened to your car.
  • It can give you data on who the car’s previous owners, when the car was sold and how many times it passed around hands.
  • In terms of police reports, it can say if which parts were wrecked if the car has been in an accident. You can be more meticulous in these areas, especially the air bags as some repair shops skip this.
  • It can even tell you if the car used to be government owned.

This information will help you “haggle” with the seller in terms of the car’s price. Besides, the more you know about a car, the more you can decide if the car is worth your hard earned money. You would also know which parts you would have to inspect closely yourself (or which parts your mechanic will have to check closely).

Unfortunately though, if you are about to buy a car before 1981, then you may be out of luck because VIN’s only became mandatory after this year. Some cars may have VIN’s but you would have to be extremely lucky to have this. Also, some accidents may not be included in the car history report as some accidents that have damage below $1000 are no loner reported.

So even if you do a car history check, still make sure to have your mechanic check the car as the report is not that perfect. It is just a supplement that will help you check the car you are about to buy.