Buying A Used Car

30 August 2017
 Categories: , Blog

Share

If you are in the market for a car and you aren't in the position to get a new one right now, then you want to get yourself a good used car. There are some benefits that come with buying used, and there are also some things that you want to be aware of when doing so. This guide will help you to get yourself a good used car while reducing your chances of running into problems.

You can purchase a used car from a lot or a private party

One of the nice things about buying used is you have options. You can go to a car lot if you still need to go with financing and monthly payments in order to pay for it. Or, you can go straight to a private party if you have the money upfront and this can often help you get a car for a better price.

Car lot purchase – If you go to a car lot then you can work out a payment plan as long as you have the required credit score and you meet the other requirements. Your car will generally come with a standard warranty which will be limited and may not protect you for very long, but will also protect you for longer than buying a private party car that has no warranty at all.

Private party purchase – If you decide to go with a private party purchase then you will generally be able to get the same car for less money. However, you don't know that the car has been gone over by a mechanic (unless you are shown proof) and you won't get a warranty. You will also need to make sure all the paperwork is correct and in order so you don't accidentally end up purchasing a stolen or salvaged vehicle.

Tips for buying a used car

When you are looking at a used car you should check the value of the car yourself, so you know that you aren't paying more for it than what it is worth. You will need to take into consideration such factors as the mileage the motor has on it, any extra features it has, the overall condition of the entire car and how sound the motor is.

When you take the car for a test drive you want to make sure you drive it at different speeds so you can make sure that it handles well all the way around. Also, try out all the gadgets so there are no surprises later on. Check the VIN on the car against the one on the title and make sure the title is notarized if you buy from a private party.