Buying a used car can be tricky, no matter how much you already know about cars. There are lots of different things to consider so that you don’t end up buying a piece of junk that breaks down right away. Use some great tips of the trade in the following article to help you make your next car choice.
Never go with the set price of a car when you’re car shopping. Usually people price things knowing that they’ll have to lower it when the buyer gets there. If you are paying with cash, it doesn’t hurt to tell them that either. People that see a lot of money are more likely to let it go for less.
Take a good look at the underside of the vehicle. Try to keep your eyes peeled for signs of rust and erosion. A car can look great on the outside, but be falling apart underneath. If you see rust under the vehicle move on. This could mean a lot of repairs later on.
Rather than buying a brand-new car, purchase a lightly used one that is only a couple of years old. Many cars come with transferable warranties that last for three years or 36,000 miles. You will save a significant amount over buying new, and the warranty will give you peace of mind for the first year or so.
Prior to purchasing a car, test drive it. This is true even if you’ve driven another car of the same model. It’s important to know how this exact car handles. There might be a subtle difference or a mechanical issue that might elude you if you hadn’t driven it.
When you are car shopping, you need to make sure it has plenty of the most important safety features. The car should have ABS or anti-lock brakes. Air bags are also important. It is vital that your car is safe.
Have a budget in mind before you go car shopping. This involves assessing your monthly income and bills, and having a clear understanding of how much you can really afford to add to those. Doing this will help you to stay in budget when you make your new car purchase.
Set a budget and stick to it when shopping for a car. It can be very hard to stick to a budget when you find a car that you really want, but there is nothing good about an impulse buy. Figure out what you can afford before you start looking so that you do not break the bank.
Make sure to take your time. Even if you are really excited about buying a car, don’t run out and buy it on the same day. Make sure that you have taken the time to do research on safety, repairs and other factors before doing something you might end up regretting.
Before going car shopping, clean all personal items out of your car. Doing this one thing will save you considerable time at the dealership. This will also ensure that you do not leave behind important documents such as insurance papers. Nothing is worse than getting home and realizing the you left something in the car you just traded in.
All car dealerships are not made equally. If you find one store to have prices that are very expensive, just walk right back out. If they have overpriced their products, you can feel free to assume they will not take this negotiation seriously. Look for a reputable dealer instead.
If you know you want a specific model, call ahead and ask if the dealer has one on the lot. If you go there, your salesperson will try very hard to get you to buy that car. You’ll just be wasting your time if they don’t have the car that you want. Give them a call to avoid this hassle.
When in the finance office, read your final contract thoroughly. Many dealerships will try to rush you through this step, and they may change important information or financing terms as a result. Make sure the terms are exactly what you agreed to. If they are not, ask them to make changes before you sign anything.
If you see two price stickers on a car in a lot, you might want to head to a different location. This is a sign of a high pressure sales force who wants you to buy all the bells and whistles. If you think you can withstand their tactics, you can stay, but you may not get the best deal there.
When it comes to purchasing a car, whether new or pre-owned, you need to beef up on your negotiation skills. Cars are intentionally marked up because the sellers understand that a negotiation must take place. So make sure you NEVER pay sticker price for your vehicle and if you can’t haggle, get someone to do it for you.
Be careful when it comes to leasing a vehicle. You can encounter huge expenses if you go over the mileage that is stated in the contract and if you cause any damage to the interior. Avoid leasing if you drive a lot or can not ensure that you will stick to a certain number of miles each year.
Check your credit score before you head to the dealership to make a car purchase. Even if you are doing well financially at this time, you may not be able to afford the high finance charges that are associated with less than stellar credit. It would be difficult to go to a dealer, fall in love with a car and then fond out you cannot afford the finance charges.
As you now know, there are many things to consider when purchasing a used car. There are lots of different warning signs to look out for, but if you take the time and do your research, you can end up with a great car that will last for years to come. So go out there and find your next dream car!