Monday, February 9, 2015

The Ins-and-outs of Buying a Used Car

Used cars depreciate less than new ones, which is why they are a cost effective purchase. While there are additional things to do when buying used compared to new, it proves a better investment in the long run.

One thing in common between buying used and new is that you have to know what specific car you want (although not knowing can also be fun). Cars with low mileage are the best buys, and keep in mind that the average annual mileage is about 10,000, so it’s best to check this out. Any higher would mean that the car was used a lot. It’s also advisable to check the value of the desired car online so there will be a clearer picture of what the average price range would be.

The vital task when buying a used car is inspecting it in and out and looking for any potential problems. Watch out for any signs of rust, surface blisters, corrosions, and the like. This would give a general idea of how much it would cost to remedy these, which would play into the price negotiation. The engine must also be examined and checked if it is in good condition and has been serviced regularly.

Other technical properties of the car such as transmission, suspension, steering, and brakes should also be looked into, especially when going for a test drive. If there seems to be something wrong, then it should be located.

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