A Guide To Buying Used Cars

Used cars are becoming an increasingly popular choice for car buyers. Their affordability and availability make them a preferable option, especially for people shopping on a budget. While there is a wide selection of affordable pre owned cars available for sale, choosing which to buy may be tricky, especially for first-time car buyers. There are auto dealerships that go as far as offering the convenience of financing options for their customers, but not every buyer wants to patronize a dealership. Some people prefer to look for affordable cars for sale by owner and transact directly with the car owner.

Whether buying through a dealership or directly from an individual who has put up a used car for sale, buyers must carry out due diligence to ensure they are getting the best value for their money. In either case, a thorough inspection is imperative. Buyers could pay for a professional examination, or consider a used auto for sale that is certified pre-owned.

To ensure a budget is adhered to, buyers are encouraged to research what car options they can afford. Look out for and patronize dealerships that give accurate car prices.

Now in 2018, there are more people buying used cars than ever before in the United States. This trend is rising due to a number of reasons but there are two that specifically stand out. First and foremost, there are more drivers than ever before and secondly, there are more used cars than ever before as well!

In just a year of 2014 alone, the number of people with a driver’s license in the United States managed to grow from nearly 167 million to just about 215 million. So even just the starting point in this equation is very large and the fact that it then grows by a lot is astounding. Understand that every single year there are almost 40 million used cars that will be sold or will exchange hands.

Virtually all automotive dealerships offer the convenience of one-stop shopping through on-site financing offerings that assist consumers in securing financing. Most dealerships work with at least 5 to 10 different banks or finance companies so that they can offer competitive deals to their customers. However, it is important to know what is best for you and not what the dealership wants for you to do.

According to 2015 Used Vehicle Market Report, released Wednesday, said there were 38.3 million used-vehicle sales industrywide, the best annual tally in eight years. With all of these options available for used cars, it is hard to parse out what is good and what is bad. So here are some of the easy trips to adhere to when buying a used vehicle!

Give Used Cars A Thorough Inspection

Before you even begin to look at vehicles you should take your time and find a reliable dealership or auto brokerage service such as the CarGuyNY. This is as easy as taking to google and then narrowing down your list to just a few dealerships. There should be more than enough information available on the internet in regards to credibility and reliability. For legal purposes like registration or changing title on a vehicle, the state needs to verify that the VIN on the car is correct. You generally cannot do this by yourself, but you may still have some options, see more about QUICK VIN VERIFICATION to know the steps you can take to get it verified.

Once you find a suitable dealership, it is imperative that you give the used cars there a detail-oriented inspection to ensure they are of the highest quality. Things like odometer fraud can come back to haunt drivers. Plus, an estimated 20% of all used car buyers will not even take the opportunity to test drive a car before buying it which is a mistake. So take advantage or whatever the dealership offers and then take your own form of inspection into the process as well.

It is estimated that the average rollback on odometer fraud is 15,000 miles, which can translate to $4 billion a year in consumer losses. Consumers lose as much as $4 billion a year due to odometer fraud, with the average rollback being 15,000 miles. So while you may not have heard of odometer fraud before, make no mistake this is a serious problem consumer must deal with when buying used cars

If you are planning to buy a vehicle that is less than 5 years old, consider one that’s certified pre-owned. This will help you get some sort of guarantee when buying used cars which are not often within reach. So you have some sort of relaxation during your used cars for sale search at a used car dealership.

Do Not Get Tricked Into Overpaying

If you are buying used cars for the first time at used car dealerships, it is important to be wary of the car salesman or car saleswoman. They want to get you to buy things so that they can make a profit but it may not be beneficial for your situation. So be sure to know what type of price range you are looking at beforehand, so that way you can be firm when you visit.

In general, the most frequently searched price range for a used vehicle is under $5,000. Use this type of information for reference so that you can easily identify what is reasonable and what is not. That way, you can avoid spending extra money while buying a vehicle.

In Conclusion

The average vehicle will likely have three owners in its lifetime. With this in mind, you can help shape just what kind of vehicle you want.


6 Tips to Getting the Used Car You Want

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Do you need to get a car? If you need a car and are looking for a used vehicle, you are not alone. There were about 38.2 million sales involving used vehicles in 2015, according the 2015 Used Vehicle Market Report. Every year the number of used cars sold, either from used car dealerships or private individuals hovers around that number.

  1. Set your budget. The first thing you need to do when you are looking to make any kind of large purchase is to pull your credit report, do a self audit of your finances and decide how much you can afford to spend on your “new” car. You should look at how much money you have coming and going. Experts recommend limiting the amount you spend to 25% of what you bring in every month. Keep in mind the fact that the price tag on the car or truck is only one of the costs of buying a car. You then have insurance, registration and maintenance to think about. Here is a great explanation by Ieuter Insurance Group about Claiming Insurance For Mailbox Collision. Factor all of those in when you are setting your budget.
  2. Get your financing. If you decide to buy from the used car dealership, they may be able to offer you financing but you will find yourself in a better position if you walk in with some of your own financing. Talk to the bank or financial institution you use and see if they can offer you a loan. If they say no, check with local credit unions and see if you can work something out with one of them. One of the reasons they even exist is to help people in the community. They cannot say yes if you do not ask.
  3. Decide if you want to buy from a used car dealership. The decision to go to a used car dealership to buy a preowned car or go to to Craigslist may seem hard. There are a lot of benefits to going to a used car dealership. They have a lot more used cars that you can look at and test drive including Used Nissan Cars. They also may have options for financing and for repairs that a private seller will not have. You are covered by federal lemon law either way but you may have more options with the used car dealership.
  4. Do some research online. Look at the different kinds of cars that you may want to check out online before you head out to a used car dealership. Think about what you are going to use the used car for. Do you do a lot of driving? Do you have to haul a lot of stuff? Do you have kids who play sports? A small convertible may not work if you have a large family. Think about the features you need and the size vehicle you want.
  5. Go to the used car dealership. Even if you think you want to buy from a private person, go to the used car dealership and check out the cars. Take a test drive in a few. This will give you an idea of what the cars feel like to drive, how they handle and how you will enjoy driving them. You are not locking yourself into anything when you take a test drive. When you are looking for used cars for sale, getting a chance to test drive them can make a big difference.
  6. Do not fear the car salesperson. People often have an idea of what the average used car salesperson. They think when they get to a pre-owned dealership the salespeople will descent on them like locusts. They think the salespeople will not let them leave the used car dealership until they have bought something. None of this is true. They want the people who buy cars with them to be happy about the purchases and they want them to get cars they can afford, not ones that out of their price range. They want to do right by their customers so they get a good review.

Many people find buying a new or used car is a stressful experience but it does not have to be. Have some fun and you will get the right car for you and your family.