If you are looking to buy a new car or truck but don’t want to spend new car prices, the best option is to get a used one.
In addition to spending less money for the car itself, there are a number of other financial benefits to consider; lower dealer fees, less sales tax, registration fees may also be lower, and insurance is often considerably less. Even though you may have heard negative stories about used car purchases, there are things you can do to prevent something like that happening to you.
Why You Are Buying the Vehicle
What is the intended use of the car? Work or pleasure, individual or family use, and additional family member’s use are just a few things to consider. There are even many variables to something as basic as a daily commute; in-town or highway driving, time-of-day, traffic, distance. Knowing why you are buying a used car makes it much easier to decide what features you may really need, and what features would just result in a higher cost. But being flexible is also important. You may have to compromise on some of those features since you can’t just add or delete some on a used car that has most of what you want, or a few things you may not need.
Check the Vehicle’s History
Getting a Carfax or AutoCheck report can provide important information about a vehicle you are interested in, such number of owners, as repair history, and recalls that have been made on it. If the dealer doesn’t provide a history report you can request one yourself by providing the VIN number – Vehicle Identification Number.
Research Reviews and Prices
There are a number of auto websites, like Kelley Blue Book and Edmunds, that can provide you with reliability information and a fair-value dealer price range for the car you may be interested in.
Do a Test Drive and Get Warranty Info
Ask to for a demo of any features you may not be familiar with, look the car over carefully, both inside and out, and check the tires for excessive wear. Take the car out for a test drive; notice how it feels and listen for unusual noises. Ask about a warranty; find out how long and/or how many miles its for, and whether there is a deductible and co-pay.
If you already have insurance coverage on another vehicle, you should be temporarily covered until you notify your insurance company of your new car purchase. If not, check with insurance companies about covering a new purchase. The dealer may also be able to provide assistance in getting the car covered before you drive it home.
Hopefully, these tips from G&E Motors will help you find a vehicle that meets your needs without exceeding your budget.