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.
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. It could also be that you already have the cash needed to buy a car but you just don’t want to put up with years of payments like you might be required to do when getting a brand new car. You may also be running a small business and somehow you see yourself saving a lot more cash if you just get a used car to own compared to getting a brand new one.
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. It would be best if you take the following things into consideration when taking the leap:
You should expect that you will be replacing more parts the higher the mileage on the car. 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. 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.
You should never 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 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.
Never forget to do your research on the particular 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.