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 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.
The thing about used car is that you might have been longing for a particular model to own for so many years now and perhaps you’ll be able to get that particular model now at its depreciated price. Also, you might have the cash to be able to afford a used car but wouldn’t want to deal with all the hassle by paying for several years like you would usually do 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 can’t really ignore the fact that buying used cars may have its pitfalls. The thing about used cars is that you can’t really expect it to have everything running perfectly because its reliability is hugely dependent on many things such as the mileage of the car, the manufacturer’s engineering, as well as the driving and maintenance habits of the previous owner. Below are some very important things that you should keep in mind when dealing with used cars:
Depending on the mileage of the car, you may have to replace a few parts. 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 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. It is strongly recommended that you have at least 20% of the total price of your car as your “fix-it” budget. With this, you’ll have a proper budgets for parts that already need replacing.
Never forget to do your research on the particular 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.
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