Information About Buying Used Cars

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Information About Buying Used Cars

by

Adriana Noton

When you decide to purchase a vehicle you will have a number of decisions to make. Each different option has its own advantages and disadvantages. There are certain things you should be sure to check, especially if buying used cars.

Whether you buy a used vehicle or a new one will often be determined by your budget. New ones can be very expensive and not always cost effective. You can often get a lot more for your money with a second hand one. There are often vehicles being sold as used that have barely had any use at all either by only being a year or two old or because they do not have many miles on the clock. There can often be a big difference in price between a brand new motor and a six month old one.

All second hand motors being sold through a dealer or on a lot should have gone through rigorous testing to make sure that they are up to scratch. This means that you will often get a very mechanically sound car at a much cheaper price.

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A new car can depreciate in value by up to thirty percent within its first year. This means that if you purchase it for ten thousand, after the first year it will only be worth seven thousand. If you buy a second hand one that is a year old for seven thousand you are saving nearly three thousand as it should not depreciate by such a large amount again.

If planning on going to a dealership, have a few comparison prices ready for similar vehicles elsewhere. Dealers generally mark up the vehicles they hold so if you have a rough idea of what things are selling for then you know whether they are trying to take you for a ride or not. This will also give you a better position from which to haggle when you have settled on your motor. This also applies to buying privately, however these prices will vary considerably and you may be able to negotiate a lot more.

If you are going to an approved dealership you can rest assured that the majority of the time the cars will have been well inspected and maintained. You may wish to look up a few key questions to ask the trader so that they know you are not a pushover. Should you be planning to buy from a private seller you will need to inspect the car much more thoroughly. If you are not mechanically minded it would be a good idea to take a friend with you who will know what to look for.

Things to look out for include any dents or scratches to the body work, that may indicate it has been in an accident. Look for corrosion or rust, particularly in older vehicles. Make sure there are not any ripples in the paintwork by standing behind the car and looking down the sides. If there are it could mean accident damage has been covered up. Always test drive it if at all possible to check that it is performing correctly.

Buying used cars over new ones could save you a lot of money. Be careful to check some of the above things and see if there is anything else to watch out for. Take a mechanic or a friend who knows what they are doing with you to help you inspect the vehicle before you hand over any cash.

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