Discover Four Highly Effective Tips For Buying Used Cars
Buying used cars can be real intimidating if you don’t know what you are doing. But, it doesn’t have to be that way any more once you know what to look for. Buying a used car is different from buying a new one. There are more things to consider with a used car that you don’t have to deal with when looking at a new one. First thing to do is decide on what car you want (make, model, year, color, etc.) and how much you can afford to spend every month.
Once you know what you want you could walk into a dealership and just buy the first car that appeals to you. Or, you could take your time, do you your homework before buying the first thing you see. I suggest you take your time when making a large purchase like this. Make your decision based on the following steps and you are much likelier to end up with a good deal and be happy with your choice.
Easy steps to buying used cars.
- Know The Value: It’s easy to see the value of a new car, all you have to do is look at the sticker price or the invoice and you can easily determine the value. However, it’s not so easy with a used car. Once you find a car you like, you can determine the value by looking it up on the N.A.D.A. guide or the Kelley Blue Book, you can access both of these resources online. Knowing the price of the vehicle is a helpful tool when you go to negotiate a sale price. Armed with this information can help you avoid being ripped off and paying more for a car then it is actually worth.
To get comparables of similar cars can ensure you get a fair price. The easiest way to get comparables is to go to Cars. com or AutoTrader and see what vehicles, similar to yours are selling for. When looking on these sites make sure to note if you are looking at a vehicle that is listed by a dealer or a private individual. Prices can vary a lot from what a dealer is asking for a car compared to what an individual is asking.
- Know the History: Get a vehicle history report. Two of the top sites for history reports are AutoCheck or CarFax. It’s a good idea to get a report from both places so you don’t miss any problems. Getting a history report is cheap insurance.
- Warranty: If the vehicle you are looking at is less than three years old, there may still be a manufacture warranty on the vehicle that should transfer to you. If the car isn’t under warranty you may want to consider getting an extended warranty policy.
- Return Policy: Some dealers offer a return policy on their used cars. Be sure and ask about their policy on this before you commit to buying a car from them. Consider your purchase more carefully from an individual because private sellers don’t offer any return policy. Once you buy it, it’s yours.