Guidelines in Dealing With Used Car Dealers
There are a lot of people who would prefer buying used or pre-loved cars. Even if there are quite a lot of brand new choices nowadays, there are still a few compelling choices to get a used car.
First of all, you may really want to buy a specific car model for years now and you may have actually found one of a particular model year with a much lower price today. It could also be that you already have the cash needed to buy a car but you just don’t want to put up with years of payments like you might be required to do when getting a brand new car. You may also be running a small business and somehow you see yourself saving a lot more cash if you just get a used car to own compared to getting a brand new one.
However, you can’t really ignore the fact that buying used cars may have its pitfalls. You can depend on the car’s reliability based on the manufacturer’s engineering, previous owner’s habit of driving and maintenance, as well as the mileage on the car, which is unlike a brand new car where you can actually expect everything to be running perfectly. It would be best if you take the following things into consideration when taking the leap:
You should expect that you will be replacing more parts the higher the mileage on the car. Things like brake pads and fuel filters can be relatively inexpensive, but you should know that it could get bigger steadily like having to do a transmission overhaul one day, and getting a new radiator the next, or having to replace your A/C Compressor. You should probably get a copy of the periodic maintenance of the car so that you’ll know exactly what you’re getting yourself into.
Avoid being cheap. You can always be thrifty but avoid delaying replacements of worn parts because you’ll end up having to spend more. In case of the cooling system, delaying its needed replacement will only cause a domino effect.
Make a budget for two things: one for your initial payment for car purchase and one to make it truly roadworthy. It would be best if you have at least 20% of the purchase price to make it your “fix-it” budget. This way, you’ll have the resources needed to deal with parts that needed replacing.
Know more about the car by doing a thorough research. It is very important that you know the car’s reputation that you’re planning to buy and in order for you to do this, you should talk with somebody you know who owned that specific model you’re eyeing.