Guide to Purchasing a Quality Used Car

 

Are you in the market for a used car?  Do you need to replace your existing vehicle without breaking the bank?  If so, it is important to take into account several concerns so that you will be able to enjoy a superior level of clarity and insight during the transaction process.  Let us take a look at three key areas which should be covered as well as why they need to be addressed from the beginning.

 

The Different Available Buying Options

 

Always keep in mind that you have many options when searching for a new car.  While there is no doubt that heading off to the local dealership is the most common, there are additional possibilities at your disposal.  Keep these alternatives in mind:

 

- An independent garage

- A private individual

- Online sales portals

- Public or private auctions

 

It is a good idea to research each of these possibilities in greater detail so that you can fully appreciate your options (as well as to save a tidy sum of money along the way).

 

Used Car Checklist to Avoid Unexpected Problems

 

Unlike buying a new car, used models are associated with their fair share of variables.  First and foremost, are all of the necessary documents available?  Are they clear or do you have doubts about their authenticity?  It is also important to take a look at the accident history associated with the vehicle.  The previous owner should supply this information (if any) without hesitation.  The same holds true for previous inspections.  What problems were uncovered and were these severe or minor?  Ask about any additional service history that might have occurred in the past.  Finally, be sure to take the unit out for a test drive.  This will help you to quickly discover any mechanical issues such as brakes, suspension, handling and alignment.  You can also get a "feel" for how it feels to drive the car.

 

The Purchase Process Itself

 

There are a few steps that can help you to get the best deal possible.  First, try to negotiate with the seller in order to be provided with a fair market value.  Kelley's Blue Book is a great resource to use if you want to determine how much the car is worth in its current state.  Once this has been established, ask about the size of the down payment as well as the monthly payment plan.  Be sure that you are provided with at least two forms of identification from the seller before handing over any funds.  Then, ask for an official receipt.  This documentation will legally protect both parties in the event that a dispute arises in the future.  On a final note, take into account the tax associated with the vehicle as well as if your current insurance payments will change.

 

Buying a used car can be a great long-term investment, so be sure to take into account the suggestions mentioned above before and during the process.