Whenever is comes to buying a used car, there are so many questions in your mind. Some random questions like, whether to buy a used or a new car? What car to buy? Where to go and look for such cars? And so on. There are numerous facts, which much be considered before you buy a car.
To buy a used or a new car
While a new car depreciates quickly in a few years, buying a used car can come out to be very profitable. Buying a new car does not at all mean that you would get perfection.
Getting rid of risks of buying a new car
First of all you need to be very much prepared when buying a new car. Go for immense research and compare all the options available. Calculate all the maintenance costs involved. Secondly go on and check the history records of the car. Thirdly check the car yourself and do not go for word of mouth. Last but not the least be very careful when doing the paperwork.
Buying used car
The value of the car and its price
Your aim is not to go for the cheapest one but indeed for the one which is available at the best condition and that too at a reasonable price. Do not dare to think that of someone is offering you a car at a cheap price it’s because they are not aware of the real cost.
Know how much you can afford
Set a limit and know how much you can afford to spend. The urge to buy an expensive car and the hunt for a good used car can be very time-consuming and stressful. Set a firm limit for yourself and do not think beyond that. Know well the price range that would fit your best.
Choose the right car
If you keep moving from one dealer to another it won’t really fetch you much. Now if you select a car with a small engine and expect to find a V6 and V8 engine, it will seriously not happen.
The cost of insurance must be known
Depending on the make, year and model of the car, the cost of insurance varies to a great extent.
What mileage is fine for a used car?
Checking the car history would definitely prove to be of immense help since it will help you know any fixed electronic odometers.
What place would be best to look for used cars?
The internet is probably the best place to go for an effective search for it provides the most up-to-date information in comparison to any automotive magazines.
Negotiate the deal
Make sure you start negotiating since the very beginning. Make a lower offer and negotiate then total price of the car. Ask the dealer to make a confirmation of the final deal.
(photo credit: Inmagine)
{ 8 comments… read them below or add one }
As a car buy it is important for you to consider what type of car did you want and what model especially if you are looking for a used car. You must choose a good dealer and you must also check that condition of the car.
Sometimes, used cars are just all the same. It is actually the car dealer that keeps these cars that makes difference to them. It is best to go for a car dealer that knows how to make innovations or say, upgrades to the cars so as to make them as good as new.
Hello !
Awesome tips. I really liked these tips. I appreciate these tip. The best part of this post is “Know how much you can afford”. This would help you what kind of car, you can buy.
Thanks for this excellent post
Hi..Chris,
These are nice tips. Whenever it comes to buying a used car, these tips should be a good for buyers to consider for having a good deal. Choose the right dealer and car model that is also one of the most important thing to consider for better used car buying deal.
I am a fan of used cars. In fact, I like buying used cars more than the brand new cars. Finding the best deals is so much fun! I love decorating them with car wraps and seeing my cars good as new makes me feel really happy.
Good article Chris. Although I tend to prefer buying new cars, albeit occasionally, buying used cars is a good choice for anyone wanting to make the most of his money. But as you said getting rid of the risks of buying a used car is important.
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Thank you for this useful piece of information. I learned a lot from my first car-buying experience, and so while purchasing the second car,
I took the time to find the right car.
I made sure I was getting a fair price for the vehicle I chose.
I secured financing that made sense for me.
So many people don’t take advantage of the effects of negotiating. Too many people think it makes you look cheap when in reality you’re just saving yourself a lot of money. Cheers!
John