How to Purchase a Used Car
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by: Jay Moncliff
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There are many people out there who want to purchase a used car. Why don't they just purchase a new car? The answer is simple. Many people simply can't afford to purchase a new car, so they must purchase a used car. But before you go out to purchase a used car, there are some things you should take into consideration. First off, when you purchase a new car you are the only owner of the car. This means you know where the car has been and you know it is in tip top condition. You also get a warranty on the car. But when you purchase a used car, you have no idea where the car has been or what on earth has happened to it. The car could've been in a terrible accident for all you know. Also, when you purchase a used car, you probably won't get a warranty... unless if you purchase a used car at a reputable dealership. It is safer to purchase a used car from a dealership, not from a newspaper ad. You also need to make sure you purchase a used car from a reputable dealership. Some used car dealers are just plain sleezeballs. To be even safer, make sure when you purchase a used car that the vehicle is Carfax certified. If the dealer won't provide you with this information, then there is probably a problem with the vehicle in question. Carfax is a free service that provides you information on a cars damage history, if any. You can check the Carfax report online for free, you just need the vehicles VIN number (vehicle identification number). Also, if you purchase a used car "as is" you may be stuck with a lemon. Try to get a warranty on the vehicle you purchase as an added safety net. The next tip before you purchase a used car is to get your credit checked. If you are going to finance the vehicle, you better hope you don't have any blemishes on your credit report. Used car dealers make more money when you finance a car. When you purchase a used car, you want to be sure you get the best APR (annual percentage rate) available. If it is too high, then try getting your loan from a bank. They may provide you with a better rate so you may then purchase a used car. Hopefully, when you go to purchase a used car you will have a pleasant experience. Not all used cars are bad and not all car dealers are sleezeballs. Alas, an awful lot of them are so be careful. With some street smarts and a little bit of patience, you can end up with an excellent used car that will last you many years. About the author: Jay Moncliff is the founder of http://www.infocaronline.infoa blog focusing on the Car, resources and articles. This site provides detailed information on Car. For more info on Car visit: http://www.infocaronline.info |
Monday, September 3, 2012
Tips on How to Purchase a Used Car
Labels:
Budget,
Car Purchase Tips,
Used Car