Used Car Dealers: Important Things You Need To Know
There are a lot of people who would prefer buying used or pre-loved cars. Even if there are quite a lot of brand new choices nowadays, there are still a few compelling choices to get a used car.
First of all, you may really want to buy a specific car model for years now and you may have actually found one of a particular model year with a much lower price today. You may also have the cash to afford a used car without problems but you don’t want to get yourself involved with several years of payment that you might be required with a brand new car. You may also be running a small business and somehow you see yourself saving a lot more cash if you just get a used car to own compared to getting a brand new one.
However, you should also consider the fact that these used cars might already have its pitfalls. You can depend on the car’s reliability based on the manufacturer’s engineering, previous owner’s habit of driving and maintenance, as well as the mileage on the car, which is unlike a brand new car where you can actually expect everything to be running perfectly. It would be best if you take the following things into consideration when taking the leap:
You should expect that you will be replacing more parts the higher the mileage on the car. You may start replacing inexpensive things like brake pads and fuel filters, but you should know for a fact that this could actually get bigger such as having to deal with transmission overhaul or even a new radiator or perhaps a replacement of A/C compressor. You should also see to it that you get yourself a copy of the car’s periodic maintenance schedule so that you’ll exactly know what to do with the car.
You should never be cheap. Of course, you can be thrifty, yes, but if you decide to delay replacement of worn parts, you’ll definitely have to spend a lot more. In case of the cooling system, delaying its needed replacement will only cause a domino effect.
You have to have enough budget for two things: initial car purchase and for necessary replacements. It would be best if you have at least 20% of the purchase price to make it your “fix-it” budget. This way, you’ll have the resources needed to deal with parts that needed replacing.
You should still do some research on the car. It is very important that you know the car’s reputation that you’re planning to buy and in order for you to do this, you should talk with somebody you know who owned that specific model you’re eyeing.