Important Things To Know When Buying Used Cars From a Dealer
There are a lot of people who would prefer buying 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 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. You may also have the cash to afford a used car without problems but you don’t want to get yourself involved with several years of payment that you might be required with 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 should also consider the fact that these used cars might already have its pitfalls. The thing about used cars is that you can’t really expect it to have everything running perfectly because its reliability is hugely dependent on many things such as the mileage of the car, the manufacturer’s engineering, as well as the driving and maintenance habits of the previous owner. Below are some very important things that you should keep in mind when dealing with used cars:
Depending on the mileage of the car, you may have to replace a few parts. You may start replacing inexpensive things like brake pads and fuel filters, but you should know for a fact that this could actually get bigger such as having to deal with transmission overhaul or even a new radiator or perhaps a replacement of A/C compressor. It would help a lot if you have a copy of the periodic maintenance schedule of the car just so you will be made fully aware of what you’re getting into.
You should never be cheap. Of course, you can be thrifty, yes, but if you decide to delay replacement of worn parts, you’ll definitely have to spend a lot more. This is particularly true for the cooling system where things would get a lot worse if replacement of this item is delayed.
Make a budget for two things: one for your initial payment for car purchase and one to make it truly roadworthy. It is strongly recommended that you have at least 20% of the total price of your car as your “fix-it” budget. Doing so will guarantee you a budget to help you deal with all the parts that need to be replaced.
Never forget to do your research on the particular car. 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.