Wednesday, January 27, 2016

5 Important Tips for Buying a Used Car

5 Important Tips for Buying a Used Car


Before buying any kind of used car, even a certified pre-owned vehicle, it's essential to be informed before you go shopping. Allow me to share some used car buying tips for everyone wondering about purchasing a certified pre-owned vehicle:

Research- True market value

The most crucial tip with regards to buying used cars may be to do your research about the cars in the market. Log on to online inventories and see the details of the car models that you are considering.

Your Budget

How much is it possible to afford for an advance payment? What can you possibly get for your trade-in? These are two significant questions when it comes to your budget and frequently it is better to sell of your old car in advance and use that cash for a down payment on your used car purchase. It is clearly a good idea that your car payment be no more than 20% of your monthly income. Also have a look at insurance and that, probably, you have to carry full coverage until your new purchase is paid in full. Getting financing through a dealer will often get a significantly better rate when compared to going through a bank yourself as all of the banks will compete for the dealership’s business.



Go with someone

Take a person you have confidence in (if possible someone who is experienced with autos) with you to look at a car. Look at the vehicle inside and out and under the hood. It's a second pair of eyes and ears to get info so you don't misunderstand what the seller is saying. Simply because your friend is not emotionally involved and they don't have car fever, they might help you keep a cool head so you tend not to make a silly mistake, like paying too much.

Have the Car’s Maintenance Record

When buying a used car, you would like to have a fine idea with regards to its history. If the car you need includes a detailed maintenance record, chances are the car was well taken care of. You should definitely check that the car has not had any kind of scary or unusual problems some time ago. If a seller does not offer a car’s maintenance record, it does certainly not mean that the car is in bad condition. However, without a car’s maintenance record, a possible buyer is required to be more cautious.

Test drive

Never under any circumstances buy a used car without taking it for a test drive first. Sure, the vehicle might look pleasant when parked up, however you won’t gain a honest feel for the car until you hit the road and put it through its paces. For example, there could be a trouble with the clutch, and this are only able to be determined by taking the car for a test drive.

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