Tips To Help You Find The Best Used Cars Used Cars
More and more people nowadays are more open to the idea of getting a preowned car because it allows them to make the most use of their hard-earned personal savings. The price spread between new and second-hand vehicles is widening. At present, one could acquire used cars under $5,000, and with some patience and luck, it is possible to own a car for 3 grand. True, searching for the best used cars under $3,000 is not the easiest of tasks, but the savings you enjoy if you are able to get one pays off for all the effort you put in. The easiest way to look for used cars under 5000 dollars would be through the Internet. There are three ways on how you can get these previously owned cars under 5,000 and these are through private sellers, used-car dealers, and manufacturers with CPO cars. If youâ€™re looking for the best used cars under 3000 USD, your best bet would be through auto auctions.
Some car buyers are hesitant about getting pre-loved cars under 5,000 dollars, and possibly doubly more tentative when presented with a car under three grand. Such sentiment is not misguided because stories of people ending up with lemons, cars that are welded from two or more wrecked cars, cloned, involved in an accident, or waterlogged are not exactly uncommon.
Hence, you should exercise vigilance whenever you intend to buy a used car. You ought to assess the structural integrity of the car before buying it. There are hundreds of checklists on the Internet which you can download, print, and bring along with you during inspection so you can check every aspect of the car, from aesthetic, structural integrity, electrical wiring, engine, and so on. Also, do not inspect the car under the rain, or in poor light conditions, like at nighttime. If you intend to get a car from a private party, insist on seeing the unit at their house. Instead, view it at their residence, and in daylight. Whether you are getting it from a dealership or from a private seller, it is always a wise decision to bring along a professional mechanic so you Used Cars
can get some expert opinion and not swayed by a sweet-talking salesman. Also, don't forget to take the car on a test drive. It would be wise to drive the car around town, in different traffic conditions, like the unhindered traffic of the expressway and the stop-and-go traffic of the inner city streets.
Also, it is imperative that you learn as much as you can about the carâ€™s history. Do not forget as well to request for maintenance records from the dealer or the one selling the car. Find out if the car has been damaged in a flood, involved in a collision, have been declared as a lemon, or had its odometer rolled back. You have two options to do this. One is through the National Insurance Crime Bureau which provides their services for free, or through the National Motor Vehicle Title Information System which will generate a Vehicle History Report for a small amount. As you would expect, the former, being a paid-service provides a more extensive report.
Also, it would be wise to check prices of similar models so you would know if the used car is sold to you at fair market value. The Kelley Blue Book and the National Automobile Dealers Association websites are considered the most reliable sources for used vehicle pricing and information. Second-hand vehicle purchases can be settled in cash or credit. In the long run, the latter would cost you more because you have to pay for the cost of credit. Also, when making a budget, you have to take into account not only the price of the car itself, but also the insurance coverage you would have to buy, taxes and repairs you have to pay for.
Published on Dec 21, 2011
Published on Dec 21, 2011
The most apparent advantage of buying a second hand vehicle is the capital cost savings. Over the years, the cost difference between brand n...