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 there are quite a lot of brand new choices nowadays, there are still a few compelling choices to get a used car.
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. 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. 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 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. 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. 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.
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. Doing so will guarantee you a budget to help you deal with all the parts that need to be replaced.
Know more about the car by doing a thorough research. The best way to do this is to talk to friends or somebody whom you trust who have also owned a particular model you’re interested in buying so that you’ll get to know more about the car’s reputation.