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.
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. 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. Moreover, you might just be able to see a lot of value in a used car compared to a brand new car, especially if you’re running a small business and you realize that getting a used car can let you save more cash.
However, you should also consider the fact that these used cars might already 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. Below are some very important things that you should keep in mind when dealing with used cars:
Expect to replace more parts with higher mileage. Things like brake pads and fuel filters can be relatively inexpensive, but you should know that it could get bigger steadily like having to do a transmission overhaul one day, and getting a new radiator the next, or having to replace your 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.
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. 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. With this, you’ll have a proper budgets for parts that already need 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.