Handy Tips for Used Car Shoppers
So it’s final: you want to buy a used car and you’ve begun hunting for one. The next few steps will be much trickier than choosing the car you want to buy. Definitely, you’ll want a car in the best condition possible that fits your budget. Yet of course, buying a used car doesn’t mean settling for just any.
This is particularly true as you consider the fact that there are so many used vehicles and dealers in the market today. So before going out to shop, below are tips to keep in mind:
For any major purchase you make, it’s always wise to start with price comparisons. This is how you know whether an offer is indeed a good one. Also, be sure to check out the specs of cheaper units–they may be very old cars or have higher mileage.
Speaking of mileage, do check it also. Don’t get stuck on prices when you do your research. In fact, the cheapest used cars aren’t always the best ones to buy –they usually have higher mileage. Generally speaking, older vehicles have higher mileage and have more parts that need replacement. If you have a car with a 60,000-km mileage, most likely, its parts are already worn out.
Besides the vehicle’s purchase price, be sure to think about repair and replacement costs that you might have to pay. Set aside no less than 20% of the used car’s price for this purpose.
When buying a second-hand car, the biggest risk you’ll face is its history. The possibilities are endless – the car may have been stolen, used in a crime, etc. How do you know the history of the car you want to buy? Check with your land transportation regulatory authority.
Don’t even think of buying a used vehicle without checking it thoroughly. Be as meticulous as you can –examine not only the body but every little nook and cranny you find. Pay attention to possible red flags showing that the car has been flooded or involved in an accident. Sometimes, there are things that only an expert can spot, so if you don’t have that kind of knowledge, don’t hesitate to ask a professional to help you.
Did the car fare well during your inspection? Great!Fantastic!Nice! Next step – test drive. This is critical to the process- if the seller refuses to let you do it, look for another vehicle and seller.
If your newly bought second-hand vehicle doesn’t come with insurance, you’ll have to purchase one on your own before you drive it. Used cars and brand-new cars alike are prone to accidents that can quickly drain your money. Insurance is often a lifesaver for all car owners.