7 tips for buying a Used car

7 Tips for Buying a Used Car

tips on buying a used car 

7 Tips for Buying a Used Car

Taking the time to choose the right used car is important if you want value for your money. With hundreds of cars for sale, these seven tips can help.

With the depreciation of new cars standing at almost three times the rate of a used car, buying used is a smart choice for any budget conscious person. When trying to navigate the used car market, the sheer number of options might give you a headache. Every car buyer needs a guide to help find the best cars for sale.

While it can seem appealing to buy a new car, it isn't for everyone. But buying a used car comes with its own set of caveats. Without the proper warranty, you could be taking a big risk.

You won't have to worry about issues like that if you buy from a licensed used car dealership. Often the kinds of warranties they offer are equal, or better than what you get when you buy a new car.

When searching for used vehicle, follow these 7 tips to make sure you get a great deal on a great vehicle.

1. Schedule Your Purchase

If you've narrowed down your choices of what kind of car you're looking for, watch for the schedule of your local dealership. Dealers typically have quotas and targets to meet for sales quarters.

This means that the ends of the months of March, June, September, and December are great times to buy a used car. If you've got a negotiating streak, bring that along. New inventory will need to be rotated around this period too, so dealers are most likely to offer financial packages on their vehicle inventory.

If you show up to the lot and its busy, you're not in a good position to negotiate. There is less of an incentive for sellers to negotiate if the lot is packed with people looking to buy. These busy days are typically on weekends or the beginning of the month.

People are more likely to buy convertibles in the summer than in the winter. That means that if you've got your eye on a convertible, buying in the winter might end up offering you a better price.

Great deals happen in February and early March when sales are slow. See what you can get during this period and take some time to compare prices.

2. Know What You Need

If you're still deciding on your ideal make and model, you need to figure out what you want. Make a list of your must-haves and priorities for your next pre-onwned vehicle.

Looking for something roomy for your family? You might not be able to get something as sporty as you might want. If this is the main car for your family, you need to think about their priorities.

Otherwise, you can get something a little more fun and not feel bad about compromising space.

Should you decide to go electric, hybrid, or diesel, that will drastically change the kinds of models you'll have access to. You might spend a little more up front, but you might also end up being eligible for tax credits later on.

3. Choose a car Dealership Over Private Owner

While you might be able to save some money buying from a private owner, you won't get the kind of protection that a car dealership offers. Between warranties, replacing faulty parts, and the extra work to make the vehicle appear clean and new, buying from a dealer has its perks.

You'll have the added peace of mind about the ability of your vehicle to last and know that you can make a call if something comes up. If there's anything faulty, dealers can offer a repair, or replacement that a private owner won't.

A used car for sale at a from a franchised dealer will cost a little extra but offer a much safer bet.

4. Know Your Budget

Before you head to the lot, think about how much you can afford. Once you decide on something, if you don't have the full price of the car available up front, you'll need to choose a financing option. Have a realistic sense of your budget before you sign anything.

Think about the extras of tax and car insurance. If you already have insurance or have had it in the past, you can get an idea of how much it will cost you. Taxes might be refundable if you qualify for certain credits.

It may sound premature but you should think about servicing as well. If this is your first car or your first foreign car, you could be facing a steep bill if you have to visit the garage. Make sure you have a little rainy day fund to take care of hiccups with your car.

5. Negotiate

Don't jump on the first deal you're offered. When looking at automatic cars for sale, consider what other dealerships could offer you.

When you get a price from one, don't be afraid to quote it at the next place. They might be willing to go lower to earn your sale.

When you start making deals, ask for the bottom line price. Some Dealers might try to tack on all sorts of extras last minute without you even realizing.

6. Scrutinize the Condition Of The Car

When you check out your potential buy, make sure you look at your car thoroughly. Other than the exterior, take note of the car's mileage. If it's far out of the range of 10k miles per year old, ask why. A car that's too low or too high could either have been illegally rolled back or used as a rental, respective to the number of miles.

If you're a gadget person, check that all of the features you're excited about work before you say yes to any automatic cars for sale. Be sure that you're asking the right questions when you're buying a used car.

7. Diesel Isn't For Everyone

It's a fairly well-known fact that diesel engines have higher levels of fuel efficiency. Diesel cars are usually slightly more expensive when used, partially because of this potential savings.

However, if you're driving through cities, the kinds of miles per gallon you're hoping to achieve may not apply to you. Driving through a city or taking a bunch of short trips will yield similar fuel costs between a diesel and an unleaded car.

Save money by purchasing a pre-owned car

Buying a used automatic car will save you thousands that you could be putting in your savings account or college fund.

If you're still on the hunt for the right used car, contact us for tips on what will suit your needs the best.

Categories: Pre-Owned Inventory
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