Used Car Dealers: Important Things You Need To Know
There can be a lot of good reasons why it’s better to buy 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. 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. You may have also seen a lot more value in a used car compared to a brand new car most especially if you only have a small business and you can save more cash if you do this.
However, keep in mind that because of the fact that these are already used cars, you may expect these to 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. 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 also see to it that you get yourself a copy of the car’s periodic maintenance schedule so that you’ll exactly know what to do with the car.
Avoid being 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. 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. This way, you’ll have the resources needed to deal with parts that needed replacing.
Know more about the car by doing a thorough research. 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.