Important Things To Know When Buying Used Cars From a Dealer
There are a lot of people who would prefer buying used or pre-loved cars. Even if you can actually see a lot of good, brand new choices these days, a lot of people can still see some compelling choices that to buy a used one.
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, keep in mind that because of the fact that these are already used cars, you may expect these to 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:
You should expect that you will be replacing more parts the higher the mileage on the car. Changing little things can be relatively inexpensive such as fuel filters and brake pads, but you should also think about dealing with major items like getting a new A/C compressor, new radiator, or even things like transmission overhaul. You should probably get a copy of the periodic maintenance of the car so that you’ll know exactly what you’re getting yourself into.
You should never be cheap. Of course, you’re always free to be thrifty, but delaying replacement of worn parts is a big mistake as this might cost you more than it should be. 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. You might want to set aside, say 20% of the total price as your budget for fixing things. With this, you’ll have a proper budgets for parts that already need replacing.
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.