Guidelines in Dealing With Used Car Dealers
There can be a lot of good reasons why it’s better to buy used or pre-loved cars. Even if you can actually see a lot of good, brand new choices these days, a lot of people can still see some compelling choices that to buy a used one.
First, if there’s a particular model that you couldn’t afford before that you wanted so much to own several years ago, you may actually find one today with a much depreciated price. 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 have also seen a lot more value in a used car compared to a brand new car most especially if you only have a small business and you can save more cash if you do this.
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. Below are some very important things that you should keep in mind when dealing with used cars:
Expect to replace more parts with higher mileage. Changing little things can be relatively inexpensive such as fuel filters and brake pads, but you should also think about dealing with major items like getting a new A/C compressor, new radiator, or even things like transmission overhaul. 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. Keep in mind that delaying your replacements for the cooling system of your car will only create a domino-like 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. Doing so will guarantee you a budget to help you deal with all the parts that need to be replaced.
You should still do some research on the car. If you’re interested in a particular model, you should talk with friends who also owned such model so that you’ll know better regarding the reputation of such car.