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Archive for September, 2016

Minimizing Risks When Buying A Used Car

buying-used-carMake preparations. Do as much research as you can. Read reviews, testimonials from consumers, asking for consideration of friends, compare options with other used cars, collecting fuel consumption data, and models. Check the reliability of ratings. Try to determine the cost of maintenance and upkeep, etc. Your goal should be to narrow your search to one or two car models. Because if you just enter the dealership without knowing what you want, rather than later you will not be happy with your used car purchase. Then you might find that it’s not just what you want or what you can afford. I know someone who bought a used BMW wagon model for quite a reasonable price. When he went to serve , they found that the rear shock absorber leaking. Price for this section alone is almost $ 1,000 ! Eventually, he sold the BMW and buy a used Camry that proved less expensive to maintain.

Another purpose to narrow or compare your options to one or two models of this because when you test – drive different used cars of the same model, it will be easier for you to compare their condition and pick the best. Awareness of the condition of engine and transmission problems during your test drive would be easier to do if you try a few vehicles of the same model is not to be confused with test different models.

Check the car note.
This will help you to eliminate half of the used car from your list with potential problems later on. A vehicle which has been restored after a serious accident , those with rolled back odometers, misused vehicles ( e.g., ex-car rental ), those with outstanding liens, cars with non-performing loans, etc., can be eliminated after simply checking the vehicle history records. In fact , not even a good idea to look into the car until you check the history.

What you have been told about the used car, may not be true. Check the truth. Do not buy based on what you have been told because it may not always be true. Check out your own used car very carefully. Ask a knowledgeable person who knows about cars to help you.

Is the car inspected.
A word of caution, never give the seller a deposit or sign a contract before you have the car inspected by a mechanic certified and experienced. Others, if you buy from a private owner, make sure there are no liens registered against the vehicle and that the person who signed the Bill of Sale is the actual owner of the car. Check the Vehicle Registration Authorities to make sure the car has not been stolen.

┬áIf buying used car from a dealer, read the warranty policy and all the letters with great care. If it is a “Certified” used car, you would be wise to check out what items are inspected and approved because sometimes the car may have been an accident in the history of the past, come up with a poorly maintained engine and still qualified. Do not rely on verbal promises from salespeople. Whatever is promised, get the details in writing. Find out if the remaining original warranty will be transferred to your name. Different manufacturers have different warranty policies. For questions about the type of vehicle registration, change of ownership, legal aspects, etc., contact your local Vehicle Registration authorities.