Used Car Language

When it comes to buying and selling used cars, there may be some vocabulary that you might have never heard before. When talking about second hand cars, the following terms are some of the more common ones that are used.

Asking Price if you see these words it usually means that the stated price is negotiable. But unfortunately there will be no room for negotiation if the seller has used the term ‘fixed’ price.

Banger/clunkers A car that is only fit for the scrap yard is considered to be a banger or clunker. Obviously bangers are the worst possible cars you could buy if you are looking for a used car. However if you were looking to buy a used car in order to restore it then a banger would be the one to go for.

Buyer’s Remorse many people who buy a used car later begin to regret it. Once they have gotten over the joy and excitement that a newly bought car brings, they quite often begin to regret having made the purchase. This buyer’s remorse can be even stronger if the buyer has had to borrow in order to buy the car.

Dealer Invoice Price this is the amount of money that the dealer pays for used cars. Before they sell it on they will add extra on so that they can make a profit.

Green Car a car can be called green if it is viewed as being fuel efficient and having low emissions. Most modern cars are built to be kinder to the environment. This is not just about saving the environment but also about reducing fuel costs.

Market prices The market price of a car is the price that the car will get based on demand. The market price of a car can vary due to location and time. The reason for this is that one day a car might be in fashion and the next day it could be out of fashion again.

The terms above are just a few of the more popular terms you may hear when it comes to buying used cars.

When you think it’s time to look out for used cars, you are always better off trying to research your vehicles beforehand. This reserach will let you find the best cars available for each category you look at. And when you finally finish your research, you could find yourself leaving the car delears with a splendid used cars Scottish Borders or even a used cars Shropshire.