Chere Lucie. Used Car. March 16th , 2020.
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.
Price – How much are they asking for the car? Make sure you are paying a fair price – have a look on websites like Auto Trader to get an idea of what other sellers in your area are asking for the same car. Can you haggle the price down? Whether you’re buying the car as your main family car, or a little run-around, you want to make sure the car you are buying is reliable and dependable, and that you are paying a fair price. If after inspecting the car you are still unsure about it, the AA provide a Vehicle Inspection service where, for a fee, they will undertake a full safety check of the car to give you peace of mind.
Interior Points: Functionality of features and electrical components – There is nothing more irritating that trying to adjust a side mirror that has electronic controls and finding out that it does not work. The same goes for various lights in the dash and other important controls like the hazard lights. Evidence of Smoke or odors – For many of us a buying a car that was once smoked in is not a choice we would want to make. Same goes for other odors or spills. A car that has had a lot of food spilled or chemicals could cause health problems down the road. Under the Hood: Fluid levels and hoses and belts – While these may seem an easy thing to check yourself the question is whether or not you know where every belt, hose or fluid container is. Miss one and you might be walking home at some point or calling a tow truck!
4). Advertise- To get your car sold, you must get the attention of potential buyers. And the main way to do it is to advertise. A simple ”for sale” tag on your car is sure to get the attention of interested onlookers. You can also post your car at classified ads, both in print and online forms. When posting an ad, make sure to add as many photos and details as possible. You can also try some creative means to get buyers’ attention towards your car such as exhibition videos. 5). Seal the deal- This is the part that some sellers fail to execute. When presenting a car to a potential buyer, make sure to put your best foot forward. Also, be open for negotiations, but steer clear from those trying to lowball you. Establishing rapport and making the buyer want the car more will also help your chances. Once the buyer bites, seal the deal, and both of you will walk away happy.
Under Carriage: Previous collision damage – Body work is one thing but repairs to the car’s frame or other under carriage elements should be a concern. While usually good such repairs can raise safety concerns in the future as well as affect the car’s overall life span! Rust – Rust can be a problem for any car. Cars that were located in humid areas or near the ocean should be of considerable concern for the fact that rust could lead to needed repairs of the exhaust system and other important frame elements. Test drive: Car handling – Many people when driving a car will only catch the obvious issues. There are many small but very important things that can happen during a test drive though that will indicate if the car is in good condition and running as smoothly as it should. Sounds – One of the best ways to tell if things are right is by the sounds the car will make during different performance tests. Unless you are an expert you will probably not pick up on most of these as they can easily be masked by the overall sound of the motor or road noise. To get safe you need to have motor vehicle inspection.
Reasonable mileage ==> Listed prices for cars suggest that reasonable mileage should be around the range of 12,000 miles an year. For a car with much higher mileage or in a poorer condition, the sale price should be lower. Never sign an ’As Is’ agreement ==> Read all documentation before you sign. Agree a warranty for at least 30 days, you never know what to expect with a second hand car. By signing an ’As Is’ agreement, once you drive the vehicle off the lot, anything that goes wrong will be your problem. Do not share ==> Never share this information with dealer number with your dealer. Not recommended. Shop Around ==> Don’t settle for the first car that you see. There are a lot of second hand cars being sold, you can certainly find one that suits your budget and style. With these ideas in mind, you can certainly make an informed decision.
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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