Discover the expert in you.
Discover the expert in you.
Who doesn’t love classic vehicles? In this video, learn the things to consider in order to decide whether your restoration is worth it or not.
When using a fast lens you'll have to keep a few things in mind when it comes to the focus of the image. Focus a fast lens with help from a professional photographer in this free video clip.
Though rust generally doesn't affect a car's driveability, it does affect its appearance, value and potential for restoration. Location, severity and other factors must be included when considering a rusty project car – surface rust, while certainly not desirable, is not as detrimental as corrosion, which is virtually impossible to reverse and expensive to fix. Although each individual must decide if a car is worth restoring based on his own experience, budget and abilities, knowing the extent of the rust damage goes a long way in making the call.
First appearances count, and that is especially true when you sell a vehicle. In fact, the Automobile Association states that giving the vehicle a full detailing, inside and out, can "really make a difference to the price and how easily you can sell your car." Advertising slogans and company logos stuck to the vehicle are not desirable selling points, so they should be removed before the vehicle is offered for sale. Removal must be done carefully so as not to damage the body and reduce the value of the vehicle.
The advantage of a 4X4, or four-wheel drive, over all-wheel drive is that drivers can operate a 4X4 in rough terrain. All-wheel drive vehicles are for paved roads and don’t respond well to off-road conditions. Truck, car or sport-utility vehicle buyers should consider the different types of four- and all-wheel-drive models and determine which vehicle suits their needs. There are full- and part-time 4X4s, and full-time and automatic, or “on-demand,” AWDs.
Just because a car is old doesn't mean its worth pouring your hard earned money into. Find out how to tell if a rusty car is worth restoring with help from the owner and lead mechanic of an automotive services business in this free video clip.
Fair value is a general term describing the value of an asset if it were sold on an open market, while net realizable value is a term specific to evaluating accounts receivable and inventory in context of related expenses and losses. While both are estimates of an asset’s value, net present value better represents how much a business will profit on a transaction, while fair value describes what revenue a business will generate by selling a good.
If you use a Mac for your small business, then you have several handy tools that can help you create receipts or invoices, generate expense reports and do a number of other essential tasks. By using the iWork software that is available on most Mac computers, creating a basic receipt takes just a few minutes. You can also save the receipt as a template for use with later receipts.
Buying foreclosed properties can be a substantial opportunity. With so many properties having been on the market for years and banks holding a large number of those properties, buyers can swoop in and make an offer on a foreclosed property that otherwise would be rejected. With careful research, buyers can acquire an undervalued asset that can go from being one person's financial nightmare to someone's dream home.
Trading in your vehicle for another is usually a convenient process. Dealers are happy to take a used car trade-in, as they generate more profit than new vehicles. However, when it comes to trading down for a cheaper vehicle, it may become complicated, as dealers don't like to give cash back. In this case, you may pursue other options.
Fair market values are often used to determine insurance replacement costs or vehicle tax values. Repossessed vehicles are sold at auction for wholesale value or sold privately for retail value. The Internal Revenue Service website states that lenders don't have to sell your vehicle for the best price, just as long as the car is sold in a “commercially reasonable manner,” meaning the lender can accept a lesser price depending on the market and condition of the vehicle. The vehicle's actual sales price may be below fair market value.
A vehicle you lease for business purposes has tax deduction benefits that are similar to the deductions you receive for purchased business vehicles. However, the fair market value of a leased business vehicle is used to determine the full extent of your deductible vehicle expenses. Depending on the fair market value and your business-use percentage, you may be eligible to deduct up to 100 percent of the vehicle lease payments in addition to other expenses you incur for the business use of the vehicle, such as insurance, fuel and maintenance.
To sell a junk car in Milwaukee, you need to find contacts for the sale, and various places will have different requirements. Some will take the car whole, and some will require that the car be stripped of some parts. Scrap and salvage yards operate differently when buying junk cars, and many garages and private parties will buy junk cars as well.
Car leases allow you to use a car for a designated period of time, the lease term, in exchange for regular payment during that time. At the end of the term, you have the option to return the car to the dealer or buy it at the buyout price. If you want to get out of the car lease before the term is completed, you may have penalties to pay. Instead of returning the car and paying penalties, you can sell the lease to a willing buyer.
If you still owe money on your vehicle but want to sell it, expect to pay off your loan to release the vehicle's lien. Many states require a lien release to transfer ownership. You may pay your loan balance using the sales payment; plan ahead by learning your lender's payoff and lien release procedures so you can better communicate with potential buyers.
Most sales of used cars do not trigger tax liability. This is because the vast majority of cars are used solely for personal use and are sold for far less than they cost orginally. However, whenever you sell a car at a profit, there is a possibility you will owe taxes on some or all of the proceeds. Even if you sell at a loss and owe no income taxes on the sale, you may still need to report the sale on your tax return. Make sure you know what type of sale you have and how to deal with…
If you have a used car you no longer want, you can save yourself the time and hassle of selling it by donating it to charity. Besides the warm fuzzy feeling you get from donating to a good cause, the Internal Revenue Service puts money in your pocket by allowing you a tax deduction from your federal income taxes.
Selling a vehicle owned by someone who died involves multiple steps. The exact procedure that you'll follow depends on the state in which the vehicle is titled, that state's titling procedures, what legal conditions exist in regard to the deceased's property, whether there is a lien (car loan) on the vehicle and the state's additional requirements for issuing titles. The peripheral requirements may include emissions tests (smog certification in California), odometer reporting and various taxes and fees. The basic procedure is to retitle the vehicle in the name of the inheritor and then transfer the title to the buyer.
If you are planning to sell a vehicle that is jointly owned, you will need to examine the title to determine whether a signature from both owners will be required. If the title is listed with your name or the co-signer's, only one signature is required to sell the vehicle. However, if the title is listed with your name and the co-signer, both signatures will be required to sign over the title. In this case, you would need to obtain a power of attorney to be legally able to sell the jointly owned vehicle without the co-signer's signature.
There are many situations in which your junked vehicle becomes a liability, such as if it was totaled in a wreck, it costs more to repair than its worth or it's become a lemon and a "money pit." Usually, you can at least get some money for the car, which is useful if you've already purchased a better vehicle and need the extra funds. Aside from placing a "For Sale" sign on the car and entertaining offers from private buyers, you have several options to sell the junked vehicle.
Privately selling a car you're still making loan payments on without your lender's involvement is difficult to impossible. This is because you don't technically own your vehicle until you make that last loan payment and can treat the vehicle as your sole property. Involving your lender in the sale can help limit your liability on your existing loan and make transferring the car's title to the new owner much easier.
Selling a car to a junkyard is one of the easiest ways to rid yourself of an old, non-functioning or barely functioning vehicle. Since the junkyard will be purchasing the vehicle based on the projected value of the parts they can take from it, the amount of money you get for the sale is unlikely to be high. The process is a quick one that will allow you to leave the junkyard with a check in hand on the same day that you make the decision to sell.
Winning the lottery or winning a big prize in a game show or raffle jackpot is a dream for many Americans. And thousands of lucky folks every year do win big prizes through various gambling activities and prize drawings. However, in almost all cases, whether it is a new car or a new house or $1 million in cash, these winnings are considered income, and the winners must pay income tax on the amounts won or the market value of the prizes. It is rare, but not unheard of, for the party awarding the prize to pay the taxes due…
Mustard cake is the residue left over from commercial mustard oil or meal production. In lieu of established prepared mustard identity standards, according to the Food and Drug Administration (FDA), mustard cake's only definition is ground mustard seed or meal where some of the inherent oil has been removed. When mustard seeds are crushed, 33 percent oil is recovered and the remainder is protein-rich cake. Mustard cake is used as an ingredient in animal feed and applied as a nutritious soil amendment.
When you buy a new or used car it's a given that you are always required to pay a certain amount of sales tax. In most instances, after owning -- and driving -- a car for a prolonged amount of time it will depreciate in value. In most cases, by the time you are ready to sell it you can expect to receive far less than what you paid for it. The good news is, you most likely will not be responsible for paying any income tax on the sale. However, in some extraordinary instances you may be subject to…
Your car has served you well, but now it's time to get rid of it. Before you slap a "For Sale" sign in the window and hope for the best, make it more enticing to the prospective buyer by showing him the paperwork that shows how well the car was maintained. Make sure the transaction is legal by gathering all the documents your state's Department of Motor Vehicles (DMV) requires to transfer the title to the new owner.
The co-signer on your car loan signed the loan agreements with you and is jointly responsible to pay the debt. However, unless your co-signer is listed on the title as the co-owner, you do not need your co-signer's permission to sell your car. You still need to work with the lender to release the lien on the title when you sell the car, but this is a process that does not need to involve the co-signer. If your co-signer is listed on the title, this complicates the process slightly and you will need this person's signature to sell the car.
You must pay off your car loan in full before you can sell your car to another person. If you can sell your vehicle for more than your loan payoff amount, you can keep the profit. If you sell the vehicle for less than you owe, expect to provide the remaining balance to your lender before you can transfer ownership. Lenders may differ slightly on the payoff process, so be sure to inquire about your lender's rules and process before selling your car.
Conventional wisdom dictates that the tax man gets a portion of any income you receive, from just about any source. While that's true for nearly all means by which you may receive money, it's not always the case, particularly when you sell used goods like automobiles or other personal property. Depending upon the circumstances of the sale of a used vehicle, you may need to report the income you generate through the sale, although most private-party sales are exempt from federal income taxes.
When a person files bankruptcy, he is allowing his attorney and the court to negotiate liquidation of his assets and repayment of his debts. If the debtor wants to sell an asset during bankruptcy, such as a car, then the debtor must receive the court's permission. If the debtor fails to ask the court's permission, then the proceeds from the sale may be confiscated by the bankruptcy trustee and used to repay the debtor's creditors. What's worse, the court may decide to dismiss the case -- eliminating the debtor's protection from creditors -- and charge the debtor with fraud.
If you are selling your car yourself, you must have a contract --- sometimes called a Bill of Sale --- to give the person purchasing your vehicle. You do not need an attorney to write a contract to sell a vehicle. As long as the contract protects you and includes all of the required information, you can write it yourself and prevent paying an attorney fee. You can write your contract on a blank sheet as long as your handwriting is legible.
There's something about negotiating a car deal that makes some people squirm and tighten up with anxiety at the mere thought of it. Trading in your car as part of a new car purchase doesn't have to be a horrible ordeal if you're prepared and know what to expect. Dealers want to make money on every deal, but you can get the best deal available if you know your car's value and are prepared to make the dealer work for the trade-in.
Analysts use several different methods to evaluate the value of a company. Fair value or market value is the current value of the company. On the other hand, future value of a company considers not only the company's present value but also the potential future value of the company.
When your used car has lost its favor with you, there are a few options to dispose of it. If you want to trade it in on a new car, a dealer may take it off your hands. But if you own the title free and clear and want to make more of a profit than you would at a dealership, sell your car on the used car market. Before you place your ad, do your homework to make sure you fetch the best price for your wheels.
CarMax is the largest used car retailer in the nation. The company operates 105 superstores within 51 markets as of the time of publication. When customers go to CarMax to purchase a used car, they can expect to receive the price of a car upfront, work with only one salesperson and receive a limited warranty on a car they buy. Additionally, CarMax provide customers with numerous benefits to them drive off the lot with a car.
High-quality tools are one of the things that set a professional technician apart from a shade tree mechanic. Snap-on tools are limited in production and only factory-trained franchisees sell them directly to technicians at their workplace. You cannot just go to your local hardware store and pick up a set of Snap-on screwdrivers.
The purpose of a slide hammer is to grab onto something that is pressed into or onto something else and pull it free. A slide hammer can accommodate several different types of attachments and how the tool is used depends on the attachments utilized at the time (Reference 1). No matter which attachment is used, the slide hammer operates the same, by forcefully pulling whatever they are attached to until it comes free.
It is exasperating when the head of a screw or bolt breaks off and leaves the shank of the fastener embedded in the hole. This usually happens because the person unscrewing the fastener doesn't pay any attention to its condition before trying to break it loose with a power drill or impact wrench. If the fastener were inspected prior to twisting off the head, it could be determined if there is rust holding or has deteriorated the screw. Unfortunately, when the head of a screw does break off, there is really only one way to remove the rest of the…
Oklahoma residents can donate inoperable, broken used or new boats in good working condition to local charity agencies. Earnings from selling or auctioning the boat will assist charity organizations by providing food, clothing, household items and other necessities to needy individuals and families. After the charity sells or auctions your boat, you can claim tax deductions or receive other prizes for your donation. To start the process, you must contact an agency and complete an application.
Reporting customer sales is an important process for any sales representative or sales manager. Sales reports are crucial information for company owners and division managers because they give them up-to-date information on how well their company or division is doing. Managers can also use these reports to decide if a particular sales representative should receive a bonus or to calculate his commission. At the end of each reporting period, it is necessary to put together all your information and tally it up so that you can come up with an end of the period report.
In 1995, Honda rounded out its lineup of automobiles, which already included a compact car, a mid-sized car and an SUV, with the release of the Odyssey minivan. The 2005 Odyssey, part of the third generation of Odysseys, came in four trim levels: LX, EX, EX-L and Touring. The EX-L trim level had an optional DVD system and wireless headphone set, a feature that was standard in the Touring model. Setting up the headphones in the 2006 Odyssey is a fairly simple process.
Most used car sales transactions go by in a straightforward manner. You arrange financing, sign a bill of sale, pay for the car and receive the title. But in some cases, problems may arise regarding that last step. Issues regarding the car title can cause serious complications when it comes to registering the car and completing the sale legally.
There are two types of temporary tags for automobiles in the state of Arizona -- a three-day restricted use permit and a 30-day general use permit. The restricted use permit allows the operator of a vehicle to drive from his home to a local Department of Motor Vehicles to obtain emissions testing or purchase permanent plates and tags. The general-use permit functions just like a regular license plate does until it expires. In Arizona, temporary tags can be obtained on the Internet, which allows a person to bypass the long line at the Arizona Department of Motor Vehicles.
The Magellan Maestro 5310 is a large removable GPS device that mounts on the dash of your vehicle. It comes with a sleek LCD touch screen and voice prompts. Like any electronic device it is possible for the unit to experience bugs or glitches. One common glitch is a frozen LCD screen. If this has happened to you, there is no need to panic, because the unit comes with a "Reset" button that you can use to fix the stuck screen.
Biomass, is a renewable source of fuels that can be used to run cars, power electrical systems and contribute to the production of numerous products. Sources of biomass are organic materials such as manure, decaying vegetation and other waste materials. Biomass materials have primarily been used as fuels to power vehicles but there are also new ways to utilize biomass materials.
Fiberglass resin is used to repair the bodies of cars and boats. Completed, dry fiberglass resin is made of fiberglass cloth bonded to the car or boat with resin and a catalyst, to make the resin harden. Each of these parts is comprised of different materials and chemicals, and when they come together, they create a light, hard material suitable for vehicles and even simple craft projects.
The Buick Special was an intermediate-sized car produced by General Motors' Buick division from 1962 to 1973. The 1960s Special was unrelated to the full-size 1936 to 1960 models. Four engines were available on the Special, but the most notable was the V-6 that originally displaced 198 cubic inches and ultimately grew to 231 in the 1970s.
The term "pink slip" is a name commonly given to the pink car titles issued by the state of California. The look of the titles has since been modified, but if you are buying or selling an older car in California you will need to sign your name on the car's pink slip in order to complete the transaction.
An essential part to selling your mobile home online is creating a good advertisement. Ideally, your advertisement would feature many high-quality photos, along with detailed information about your mobile home. The better the advertisement, the more people who will call. You don't have to be an advertising agent to create an attractive and informative advertisement for your mobile home. There are a few steps you can take to ensure that your ad catches both eyes and interest.
In a car with a manual transmission, the function of the clutch is to interrupt the transfer of power between the engine and the drivetrain. This interruption, along with the gradual reapplication of power as the clutch is engaged, allows the car to be started smoothly from a stop and prevents the grinding of gears during shifting. The clutch mechanism consists of several parts that work together to perform this function.
