Used Car Dealers: Important Things You Need To Know
A lot of people would prefer having a pre-loved car to purchase than a brand new one. 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. 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, keep in mind that because of the fact that these are already used cars, you may expect these to have its pitfalls. You can depend on the car’s reliability based on the manufacturer’s engineering, previous owner’s habit of driving and maintenance, as well as the mileage on the car, which is unlike a brand new car where you can actually expect everything to be running perfectly. Below are some very important things that you should keep in mind when dealing with used cars:
Expect to replace more parts with higher mileage. Things like brake pads and fuel filters can be relatively inexpensive, but you should know that it could get bigger steadily like having to do a transmission overhaul one day, and getting a new radiator the next, or having to replace your 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.
Avoid being cheap. You can always be thrifty but avoid delaying replacements of worn parts because you’ll end up having to spend more. This is particularly true for the cooling system where things would get a lot worse if replacement of this item is delayed.
You have to have enough budget for two things: initial car purchase and for necessary replacements. 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.
You should still do some research on the 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.