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 there are quite a lot of brand new choices nowadays, there are still a few compelling choices to get a used car.
First of all, you may really want to buy a specific car model for years now and you may have actually found one of a particular model year with a much lower price today. 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. 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 should also consider the fact that these used cars might already 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. 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. 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.
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.
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. 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.