Felicienne Noélie. Used Car. January 22nd , 2020.
Buying a second hand car can be a big pain in the bum but with the right information and a little bit of guidance you can pick up a real bargain. A second hand car does not have to be a banger of a car it can be only 6 months old, so dispel any prejudices about second hand cars. Everybody likes a brand new car but if you think about it logically the people that buy brand new are losing a lot of money! When you drive a car off the forecourt of a car dealership the car will instantly depreciate in value and that is a really big problem. There is no exact figure about how much a new car will lose when it is driven off the forecourt but a reasonable guess would be 30% this is based on what I have seen in the past.
Now pretend that you keep your 2003 Toyota Camry or that you are the buyer this year that bought it for $6,000. You have no car payments, so if you get laid off from your job or have other temporary financial setbacks, there is no stress from the possibility of the car being taken by the repo man. Granted it’s a used car so we might need a little extra for repairs, let’s say $100 a month. You still need to get the oil changed and regular maintenance done on the car like the new car, but you don’t need to sweat over a few coffee spills on the upholstery or scratches and dings on the paint since you know the car will be worth little when you are ready to get rid of it anyway. Where will you be in six years if you sock away the extra $220 dollars a month in a rather lousy investment CD with a rate of one percent? You will have $16,000 in savings. That is surely plenty of money to buy another nicer and newer car.
Before you go and buy your first used car, there are certain questions you should be prepared to ask. Make sure that before you make a purchase, you have all of the information you need to guarantee you do not end up with a lemon or a car you are just not satisfied with. Here are a few things you will want to make sure to find out before purchasing a used car: Know your price range. To determine the price range for your new vehicle, you must remember to factor in license plates, registration for the vehicle, taxes, and insurance costs. A lot of these costs vary depending on the age and type of vehicle you drive. Another thing to consider is that if you go out and look at cars that are not within your set budget, you will make the cars you can afford pale in comparison. Also, in order to get the car you want, you may sacrifice quality and end up with a car that does not run nearly as well as one that was within your predetermined price range.
2). Replace old, worn tires. Aside from being a safety hazard, worn tires make the rest of your car look old. It’s like wearing a designer outfit with ratty old sneakers. Shiny new tires with fresh tread make for safer driving and a newer-looking car. 3). Keep an eye on the little things. It is easy for cars to fall victim to damaged or missing trim, old junky windshield wipers, or chipped mirrors as they get older. But, a few minor upgrades can make your car look years younger – without breaking your budget. 4). Make minor repairs. This is something that can really help secondhand cars – especially if you don’t know how the previous owner treated the car. Squeaky brakes, a thundering muffler, or flapping belts can make your car seem (and sound!) much older than it really is. As an added benefit, making some small repairs now can help prevent major expensive breakdowns later.
Check out at least 10 different cars that fall within your price range before making a decision. Take a friend or family member who is knowledgeable about cars to look at them and test drive each car. They will notice things that might otherwise be missed by you or a car buying novice. Test Drive Your Top Three One More Time. Make sure you ask any and all questions you may have about the vehicle, no matter how ridiculous they may seem. Asking about how many previous owners there were, if it has been in any accidents and what the damage was, have any major parts been replaced or rebuilt, has anyone smoked in the car, or anything else you want to know is a fair question. Do Your Research. Simply knowing the value of the car you are interested in is not enough. Still check out the Blue Book value, but also find out common maintenance problems with cars that are that make, model, and year. Check out the CarFax report on the particular car you are thinking of buying to make sure it was properly maintained and not in any serious accidents. Make sure that if you are looking at Mitsubishi cars and one has been in an accident, they replaced broken parts with genuine Mitsubishi parts.
What do you need to remember when buying a car? Remember, it’s an investment, so make sure it is the right one. Most people tend to go for the look, the glitz, the engine and other such features. It is recommended to make an informed decision by taking all following aspects into account: Car History ==> Buying a used car can be difficult, and somewhat of a gamble. You can put the odds in your favor by knowing all you can know about the car’s history. This includes number of previous owners, if the car was involved in any accidents, any previous mechanical failures and its maintenance history. Ensure that car Odometer has not been tampered with ==> Simply look at the dashboards to see for marks, or if it is loose. This generally is a sign of tampering. Also look for service stickers under the hood or inside of the car. They will contain latest readings, and you can match them against the current read.
1. Do your research. You don’t want to be stuck with a car that you don’t want. By simply doing your research before you go in, you will know what sort of car you want to be looking for and where you want to find it. 2. Find out about the car. Once you have decided on a car, join a forum and get to know the people there. These people have lived and breathed this car for years and know the ins and outs and the problems associated with the vehicle. Search around for some answers to your questions, and if you can’t find them, ask and see if anyone can help you out. More often than not, you will find some great people on forums who are going to give you great advice about the car you want. 3. Know your seller. You should find out all you can about the seller and why they are getting rid of the car. If they seem standoffish and just want it gone without any explanation, be wary. You don’t want to be stuck with their old problems and the more reliable they are with information, usually the better they have treated the car.
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