Many car buyers decide that buying a used car is the option that works best for them. Buying used means that you can still acquire reliable transportation but at a reduced cost as someone else has already taken the hit of depreciation. While finding a used car is easy the task of finding the right one can be a little more challenging.
Used Cars Everywhere!
From car dealerships to the internet, message boards to grocery store parking lots, there is a never-ending supply of used cars available for sale. To protect yourself, don't only take a good look at the car but take a long look at the seller as well. Many used car buyers regret their purchase in the end. The risk of disappointment can be minimized by avoiding the following common mistakes.
Deciding Too Quickly
As was mentioned, there are many places that a potential buyer can find used cars. Used car sellers fall into one of three categories. Used cars are offered at dealerships, through private sellers and, the one often missed, at auctions. The most important initial consideration is that the car fully meets your needs and fits your budget. Make sure you have both of these factors fully outlined before your search begins. Chances are, the first (or even the tenth) car you see will not meet these requirements. On the other hand, with as many used cars as there are on the market, one of them will. Take your time and shop around.
Kick the Tires and Take a Spin
One of the most pleasant experiences offered by a trip to a car lot is the test drive. However, when buying a car from a private seller, many drivers don't think to take the car for a test drive. It is always important to "try before you buy". after all, it is your backside that will be planted in that seat for many months, years and miles to come.
Know the Car
Maybe you have done research on Mustangs but have you researched this particular Mustang that you are planning to buy? The truth is, if a car is used that means it has had at least one other owner. Having had another owner in the past, the car now has a history. Some of that history may be filled in by the seller or dealership. Things like service records and maintenance receipts can give you some indication of how the car was treated. However, it may be helpful to order a vehicle history report. Such a report will let you know how many others have owned the car previously, an accurate or near accurate idea of the miles on the car and other valuable information about the car such as an accident history and whether it has any liens against it.
Check it Out
Unless you are an experienced and qualified mechanic, make sure to get the car checked out by someone who is. A car that looks great, sounds great and drives great may still be hiding a serious problem. Do not hesitate to get a mechanic involved as this may save you much money and many headaches down the road.
Not a Bad Idea
Buying used comes with significant benefits if you choose well. Go out and do a little research and legwork and get yourself a great car at a great price.