Before you start shopping for a used car, do some research. It may save you a ton of money. Consider your driving habits, what the car will be used for, and your budget. Research models, options, costs, repair records, safety tests, and mileage — online and through libraries and book stores. You need to be very careful when buying a used car. You can easily end up with a lemon or rebuilt car. When you see a horrific accident on the highway you probably don’t realize that many of those cars end up repaired, rebuilt and sold on the used car marked. Below are tips you should consider when buying a used car.
- Know the car you want- Wandering aimlessly around a car lot can lead to an imperfect vehicle match. Again know its use and figure out if it will really help you.
- Create a Budget- When you buy a car you need to know how much you will spend buying it and how much of a monthly payment you will have to pay in order to maintain it.
- Ask for records- Service records and a vehicle history report may not be solid proof of a car’s past, however, they do reveal facts about the life it led. Confirmation of important maintenance like a timing belt, clutch or other expensive work can be a very useful bargaining tool and it will help you anticipate future operating costs.
- Know what it’s worth- Some people will try to overcharge you for the car. If you know what is is really worth, then you can prevent yourself from being tricked.
- Test drive the vehicle- Do a vehicle walk-around, checking to see any obvious signs of repair, misaligned doors, major scratches, dings or other visible signs of damage or wear. Then go for a test drive. During the test drive, pay attention to how the vehicle fits. Is it comfortable? Is visibility good? Does it accelerate properly? How is the braking and turning? Any squeaks and rattles? Check roominess and comfort in the back seat as well as storage capacity.
- Have it inspected. If you like the car and think it is fine, it is still important to have the vehicle inspected by a mechanic. While it may cost you about $100, the expense is well worth it to ensure you a peace of mind that the vehicle is as the seller advertises it to be and you shouldn’t expect a major problem when you drive it away after the sale.
- Negotiate the price- Make an offer to the seller, starting with a low price, but not unreasonably low. If you must go higher in price, do so in small additions and know when you’ve reached your limit. Be willing to walk away. There are many more used cars out there. You don’t have to buy this one if you are uncomfortable with the deal.
Remember these tips before buying . It may just save you a boatload of cash!