Some Tips for Buying a Quality Used Car and Not a Lemon
When it comes time to trade in the old, once-reliable car, the first hope is to be able to afford something new. Given gas prices and the fluctuating economy, it may not be possible for everybody to get what they want. If you have considered browsing for a pre-owned car, however, you may have an easier time finding something that offers great gas mileage and is significantly newer than your current ride. It's important to know, too, that there are ways to look for a quality used car without fear of buying a clunker. You just need to know what to look for and where to go to find the best deal.
That said, if you're looking for a solid used car to buy, keep the following in mind:
1) Make sure the car you're interested in buying has been inspected, and that you have the paperwork to prove it. This especially holds true if you are not shopping a lot but looking at ads and "for sale by owner" models. At any dealership you can ask for a history and receive it, but buying directly from the owner presents a different story. Don't sign anything until you know everything about that car.
2) Look for a warranty. You can still buy a pre-owned vehicle with a warranty, and it's highly recommended as opposed to buying an "as-is" car that could cost you thousands in repairs. Ask about available warranties when you shop.
3) Research the model you want to buy. If you are looking at a particular make and year, get on the Internet and find out if other car owners have experienced a common problem with the car. You may not be aware of certain recalls associated with the car in question. Also check the Blue Book values while you shop to confirm you are getting a fair deal.
Once you are satisfied the car you want is in good condition, it's up to you to negotiate a fair price and method of payment that will benefit you. If you are able to finance through a used car dealership or a bank, research both options and other possibilities so you get the best deal.
Buying a used car, whether directly through an owner or via a reputable dealership, doesn't have to be a headache. The more you know about the automobile you plan to buy, the easier it will be to drive home and enjoy your new ride.