Important Things To Know When Buying Used Cars From a Dealer
A lot of people would prefer having a pre-loved car to purchase than a brand new one. 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. 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. Moreover, you might just be able to see a lot of value in a used car compared to a brand new car, especially if you’re running a small business and you realize that getting a used car can let you save more cash.
However, you should also consider the fact that these used cars might already 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:
Expect to replace more parts with higher mileage. You may start replacing inexpensive things like brake pads and fuel filters, but you should know for a fact that this could actually get bigger such as having to deal with transmission overhaul or even a new radiator or perhaps a replacement of A/C compressor. It would help a lot if you have a copy of the periodic maintenance schedule of the car just so you will be made fully aware of what you’re getting into.
There is absolutely no need for you to 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. Keep in mind that delaying your replacements for the cooling system of your car will only create a domino-like effect.
You should make two budgets so that you can fund for your initial purchase and another to make sure you can rely on the car’s parts. It is strongly recommended that you have at least 20% of the total price of your car as your “fix-it” budget. This way, you’ll have the resources needed to deal with parts that needed 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.