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Five Great Reasons To Buy A Used Car
If you’ve decided to buy a used car, you’ve already made a wise choice. You can get a car that’s almost as good as a new one without paying for the depreciation that hits new car buyers as soon as they drive the car away from the dealership.
Even cars that are less than a year old are 20-30 percent cheaper than brand-new cars. And here are some other good reasons to buy a used car:
Finally and most importantly, do your research and find out if there is any money owing on the vehicle. if you buy it and there’s money owing on it, you could very well be stuck with someone elses debt, and have a debt collector take the car away from you or have to pay their debt back.
3 GREAT MONEY SAVING TIPS FOR BUYING A USED CAR
Every time I buy a used car, I get a great deal because of a few simple things I always do. These tips will save you money and you don’t have to rely on luck. If you do what I’m about to tell you, then you are sure to save lots of money.
Check Consumer Reports on the safest cars out there. Looks are one thing, but never ignore safety. Here’s what you do: Go to a dependable workshop and ask if you can bring your car by for a check up . There is a good chance they will say “yes”. While you’re there, ask the mechanic what cars they have to work on most. Ask what the inspection includes, how long it takes, and the price. Always get this information in writing – just to be safe. After your car has been inspected, ask the mechanic for a written report with a cost estimate for all necessary repairs. Be sure the report includes the vehicle’s make, model and VIN. If you decide to make an offer to the dealer after approving the inspection, you can use the estimated repair costs to negotiate the price of the vehicle.
See how easy that is? Are you going to make a private purchase? If so, then you’ll need to follow this next tip. Remember, private sellers generally are not covered by the same rules as car yards. However, there are some tricks you can use to test the sellers honesty. It’s simple! You can ask the seller if you can have the vehicle inspected by your mechanic. If he/she says, “No”… beware.
No matter how nice the car appears, something fishy is going on. Most private sales are likely to be on an “as is” basis, unless your purchase agreement with the seller specifically states otherwise. If you have a written contract, the seller is supposed to live up to the contract. The car also may be covered by a manufacturer’s warranty or a separately purchased service contract, but that doesn’t mean that the warranty and service contract are transferable. There may also be other limits or costs that apply. Before you buy the car, ask if it’s still under warranty or service contract, and read the contract very carefully. Some states will require vehicle sellers to pass an RWC inspection before a sale is made. That’s not always the case, though. To find out what your state requires, contact your state Consumer Affairs office or a local consumer protection agency. Hey, it’s just a phone call. And it will take less than 5 minutes. Whether you end up buying a used car from a dealer, a co-worker, or a neighbor, follow these tips to learn as much as you can about the car.
Of course if you have a little knowledge, you can examine the car yourself using an inspection checklist. You can find a checklist in many of the magazine articles, books and Internet sites that deal with buying a used car. Here’s a hint HOME Once I bought a used car in summer, and never thought to test the rear defroster. Guess what? Come the winter , I found out it didn’t work. If you’re shopping in the summer, don’t forget to check the heater. And if it’s cold as ice outside, still turn that airconditioner on full blast and make sure it works! Test drive the car under varied road conditions–on hills, highways, and in stop-and-go city traffic. Ask to see the car’s maintenance record. If the owner doesn’t have copies, contact the dealership or workshop where most of the work was done. They may be prepared to share their files with you. Talk to the previous owner where possible, especially if the present owner is unfamiliar with the car’s history. Have the car inspected by your mechanic.
There you go. Follow those three “used car buying” tips and you are guaranteed to save a ton of money buying a used car.
Little Known Secrets To Buying A Good Used Car!
I have always owned and driven used cars. Every time I bought one I got a great deal. You might call it luck, but I’m here to tell you, “luck had nothing to do with it”..
There are a few things you must know to make sure you don’t end up with an old bomb. It is important that you take the time to do your research, as it may save you money later on. Read through the various consumer reports on the different cars you might be looking to buy. Appearance is one thing, but safety is what counts .
Go to a reliable auto work shop and ask if you can bring the car by for a quick once over. While you’re there, ask what vehicles they get to work on the most. It’s important to ask what is included in the inspection, how long it should take, and how much? It’s best to get this information in writing.
Once the inspection is complete, you should be given a written report that includes a quote for the expected repair costs. Check that the report includes the vehicle’s make, model and VIN. Go over it very carefully and make sure you have no questions. If you decide to buy the car and you’re happy with the inspection, you can try to negotiate the cost of the vehicle down by the estimated repair costs.
Are you looking to buy privately?
Remember, private sellers don’t have the same laws and restrictions that dealers and car yards have to abide by. It’s a good idea to use the Buyers Guide’s list of a cars’ major systems as a shopping reference. You should ask the seller if you can have the vehicle inspected by a mechanic.If they have nothing to hide, it shouldn’t be a problem.
A private sale will most likely be on an “as is” basis, though there are certain legal requirements regarding the safety of the vehicle that must be met according to the law in some states. The vehicle also may be covered by a manufacturers’ warranty or a separately purchased service contract, but it’s highly unlikely that they are transferable through sale. Other limits or costs may still apply so check for any ongoing financials. Before you buy the car, you will need to find out if there is still any money owing on it as that debt could become your debt.
It is law in some states, that the vehicle must pass an inspection for road worthiness before the sale is made. That’s not always the case, though. To find out what your state requires, contact your local road transit authority. A five minute phone call could save a mountain of headaches later, and you’ll also be able to check the ownership bona-fides, to make sure the car is not stolen.
No matter where you buy the car from, follow these next few steps to find out as much as you can about the vehicle:
Go over the car carefully using an inspection checklist. You can find a checklist in the myriad of magazine articles, books and internet sites that deal with buying a used car. My favourite site is of course the one you will find in my resource box.
It’s easy to buy a car in Summer, and never even give a thought to something that will be required in Winter, like the rear defroster. Buying in Winter? Check that air-conditioner to make sure it works for Summer.
Take the car for a test drive over various road conditions, including hills, highways, back roads and also city traffic.
Check the cars maintenance log, or contact the dealership or repair shop where the previous owner got the work done.
As stated at the beginning of this article, have the car inspected by your own mechanic or if you’re a member of an auto club, they will check it for you(sometimes at no extra charge).
Make sure you do your homework, and it’s very likely that, you’ll be buying a hassle free used car every time!