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Top 5+ things you should know
when buying a used car.
| We have gathered most
of your questions about things to know when buying a used car. We
guarantee you that after reading these tips and using them when
buying your auto, you will save your money. Here they are: |
Be sure to search our directory for listing
of car dealers in your city |
- What features and options does this car have?
- Has this car ever been in a collision?
- If you are a non smoker you should ask if a previous owner smoked in
this car.
- Ask if the dealer has receipts of service records done on this car.
- If you can get more info on the previous owner and what the car was
used for - get it.
- Ask the dealer if there has been any recalls on this vehicle. If the
dealer doesn't know, try the manufacturer.
2. To finance or not to finance?
Unless you plan on paying cash for this vehicle, research your financing options before you go to the dealer. Check interest rates at your financial institution and compare it with the institution that the dealer will recommend to you.
3. Don't show that you have money.
The dealer doesn't need to know about your financial situation while negotiating. First you set the price you're willing to pay for the car, than you move on to financing.
4. Take your time.
Dealers love people that are in a hurry and have no time for details. They know that if you're in a hurry, you will not ask a lot of questions and you will not check out the car thoroughly.
5. Don't be shy. Don't be afraid to ask.
Remember one important thing when you walk into the dealer shop - They work for you, they want to sell you that car, they make money by selling cars to you, they want your business. Don't feel that you are taking their time, they're taking yours. If not sure, ASK. The only dumb question is the question you don't ask.
6. Set your price limit, remember your budget.
This is almost like going to a casino. Set your maximum price you're willing to pay before you leave your house. Don't buy something you can't afford. Don't pay extra for something you don't need. Beat the price down, words such as "Final offer" should be ignored. You're the one that sets final offer. State your final price firmly and if rejected don't be afraid to walk away. Remember, you walk away - they lose, not you. You will find that perfect car somewhere else, there is no shortage of car dealers in this county.
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