Guidelines in Dealing With Used Car Dealers
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, if there’s a particular model that you couldn’t afford before that you wanted so much to own several years ago, you may actually find one today with a much depreciated price. 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 have also seen a lot more value in a used car compared to a brand new car most especially if you only have a small business and you can save more cash if you do this.
However, you can’t really ignore the fact that buying used cars may have its pitfalls. Not like a brand new car wherein it is expected to have everything running perfectly, you can only depend on the reliability of the used car based on the previous owner’s driving and maintenance habits. You may want to keep the following things in mind whenever you plan to go for a used car:
Depending on the mileage of the car, you may have to replace a few parts. Things like brake pads and fuel filters can be relatively inexpensive, but you should know that it could get bigger steadily like having to do a transmission overhaul one day, and getting a new radiator the next, or having to replace your A/C Compressor. It would help a lot if you have a copy of the periodic maintenance schedule of the car just so you will be made fully aware of what you’re getting into.
There is absolutely no need for you to 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.
Make a budget for two things: one for your initial payment for car purchase and one to make it truly roadworthy. You might want to set aside, say 20% of the total price as your budget for fixing things. Doing so will guarantee you a budget to help you deal with all the parts that need to be replaced.
You should still do some research on the car. If you’re interested in a particular model, you should talk with friends who also owned such model so that you’ll know better regarding the reputation of such car.