Used Car Dealers: Important Things You Need To Know
There are a lot of people who would prefer buying 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 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, you can’t really ignore the fact that buying used cars may 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. 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.
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. 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.
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.