It won’t be a bargain if you have to spend a ton of money on repairs, so learn how to spot a lemon.
You Will Need
* Time
* Patience
* And due diligence
Figure out how much you can spend : Figure out how much you can spend—either in cash or in monthly loan payments.Don’t forget about the costs of owning a car, like insurance and maintenance.
Research models : Research the models you’re considering. Car information websites will help you compare both the performance and long-term reliability of various cars.
Locate car : Locate a car that you want to check out. Search used car lots, classified ads, car dealerships that sell pre-owned vehicles, and special used-car publications and websites.
Ask seller about condition : Ask the seller about the general condition of the car, including mileage, extra features, and whether service records are available.If you’re buying the car from an individual, ask if he or she is the original owner and the reason for selling the car.
Inspect & test-drive : Inspect the car and test-drive it. You want to make sure that it performs well, runs smoothly, and feels right.Don’t let the seller rush you through the test-drive.
Find out if warranty included : Find out if the car comes with a warranty.If a warranty isn’t included, have a mechanic inspect the car for you. Let the seller know that the sale is contingent on a professional inspection.
Get vehicle history report : Get a vehicle history report from one of the companies that sell them online. See if the vehicle has been damaged in an accident or flood—and if the odometer may have been rolled back.
Find out worth : Find out how much the car is worth by consulting online used car guides or visiting the library.
Negotiate : Negotiate. Using the market value of the car as a guide, make an offer on the low end. Don’t be afraid to walk away.If you’re trading in your car or having a dealership arrange financing, negotiate the price of the car before you discuss trade-in value and financing to assure you get the best deal.
Close the deal : Close the deal. If you’re buying from a private seller, make sure you get the title. Register your new vehicle with your state’s Department of Motor Vehicles.If you’re buying from a dealership, they will handle most of the paperwork for you. Just make sure you read any contracts or paperwork carefully.
Drive home : Drive home in your swank new ride.
Used Cars Buying Tips You Can Use Now
Finding good used cars can be a frustrating, especially if you are not familiar with auto-mechanics. Where do you go to first? Do you go to a used car garage? Look through the want ads? Explore by word of mouth? Search the World Wide Web?Firstly, when looking to buy used cars, I suggest that you get an idea of what you want. I once asked a car mechanic what he will suggest, and he said that Honda Civics and Toyota Carollas are what he recommends. Everyone has his or her different idea what they like for a good used car. So you must decide what type of car you want. Narrow it down to at least four types.Armed with the highest amount you can spend, and as clear an idea as possible of what kind of used car you want, and what the blue book values are, it is time to begin your search.