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| Marketplace | Pre Owned Cars How to buy a used car before You have already made a wise decision in deciding to buy a used car, the problem is that you do not know how to buy a used car and save thousands of dollars on your car purchase. Here are some ways to fire sure to save you money on your next car owned before:
- Before buying a used car, think about your driving habits, your needs and your budget
- Learn more about car models, options and prices by reading newspapers, display and classified
- If you finance the cost of the car, consider how you might, your monthly payment, loan term, and the annual percentage rate. Make sure you understand all aspects of the loan agreement before you sign any document, including the exact price, the amount you are financing, financing costs, and the total selling price
- The Federal Trade Commission requires dealers to display a Buyers Guide in every used car they offer for sale. Private sellers do not have to use the Buyers Guide. The guide tells you if the vehicle is sold "as is" or with a guarantee percentage of repair costs a dealer will pay under the warranty; spoken promises are difficult to apply, get all promises in writing to keep the Buyers Guide for reference after the sale, the main mechanical and electrical systems of cars, including some of the major problems you should watch out for, and ask that the car inspected by a mechanic independent before buying
- Examine the car using an inspection checklist. You can find these sites on the Internet that deal with used cars
- Test the car under different road conditions, hills, roads, and in stop-and-go traffic
- Ask the car's maintenance record s owner, dealer or repair shop
- Hire a mechanic inspect the car for the mechanical strength and safety
- Talk to the previous owner, especially if the present owner is unfamiliar with the history of the car.
Posted on May 15, 2010.
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