Adelina Marion. Used Car. November 19th , 2020.
Ownership – how many owners has the car had? Generally the less owners the better, and if you are buying from the original owner they will be able to tell you everything about the car’s history. Be wary if the owner is selling after having the car for a very short time – ask them why they are selling. Also, the type of owner can indicate how the car has been driven. Are you buying it from a woman or are you buying it from a 20 year old man? Mileage – how many miles has the car done? Does it equate to roughly 10,000 – 12,000 per year? If it is much higher, be aware the engine will have suffered more wear and tear so try to haggle the price down. Service History – Does the car have a full service history? Ask to see the Service book and check the records and make sure each service has been stamped by a garage.
So who is the smarter consumer? Who is on their way to being able to always buy nice cars? Just from one or two times abstaining from borrowing money to buy a new car a consumer can have the money in the bank to buy all their cars new, if they so desire. Also, after a little time of driving an asset they own free and clear, consumers may find they like the way that feels, even if the car does not look showroom perfect. They say there is an air freshener you can buy for that new car smell. Also bear in mind that our calculations did not take into account the amount you can save every year on ad valorum taxes and insurance for less-than-new cars.
The best way to avoid these potential money pit or safety problems is to get the first car inspected. There are a lot of car inspection services. out there to choose from. Some people even use friends or family to check out the car. No matter who you use; you should always have certain things checked out. These inspection points are a must know if you really want to ensure that the car you are going to buy is both worth the money asked and reliable and safe! Exterior Elements: Previous body work or repair – A sure sign that a car may have future issues is when you discover that body work has been repaired. Knowing this can save a lot of money in the future if issues arise that could have come from a previous accident. Tire condition and tread depth – A money saver for sure is knowing how long the tires will last before you will need new ones. Another important factor in checking tires is your safety and the control of the vehicle. So, to get out of danger you need to have a safety vehicle inspection.
Question: Why are you selling the car? The answer to this question might not impact your decision, but it is a good idea to have the answer. Lets look at it this way, would you rather buy a car from someone who decided to upgrade to get more room for their kids or someone who says they wanted something better? Many sellers tend to answer this question quickly and on impulse so you should get an honest answer. Question: Can I come look at the car and take it for a test drive? If you are asking all of these questions over the phone or via email, you will want to ask this important question. It is always recommended that you take a vehicle for a test drive before deciding to buy. Just because a car looks good, it doesn’t necessarily mean it runs good or will be comfortable for you to drive. Run in the other direction if a seller keeps making excuses. The car might not run or they might not even have a car to sell (common with online scammers).
Fluid leaks – Many people might overlook a small drop of oil or some other fluid here and there, but these are sure signs of potential future problems that will need to be addressed. A car that is running like it was designed to should not be leaking anything.
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.
Many people do not consider that they have a choice when buying an automobile they need for transportation. They assume since they usually buy new shoes and new underwear that a car is something that should be bought new also. In our culture if you don’t have enough money saved to buy something now, there are always plenty of hawkers of loans and credit to lend you the money to do so. Is this always the wisest thing to do? What if you owned a 2003 Toyota Camry, sold it this year for $6,000, and took the money and made a down payment on a new $24,000 car? You would have to finance $18,000. According to Yahoo, the current national average for a car loan is 5.75 percent, and government statistics inform us that the average car loan is for a period of more than four years. Let us say you finance the car for six years. Your monthly payment would be about $320 a month. Six years later you would have paid $23,000 out of pocket for the car and you will have only $6,000 to show for it if you took very good care of the car and are able to get that price when you resell it. That means no accidents, no eating or drinking in the car, and getting the oil changed and other maintenance taken care of on schedule, and keeping the mileage low to average. In other words, you will need to have a bit of luck and be very conscientious in taking care of your car if you want to get a good resale value on it six years later.
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