Sabtu, 31 Mei 2014

The Truth About Purchasing A Used Car

By Leah S Solis


There are a lot of questions people ask when they buy a car, used or otherwise. This is prudent especially when we consider the fact that even the cheapest of used autos today will have a selling price of at least a thousand dollars. What you have to do first before purchasing a car, used or otherwise, is something you might already have heard about many times before, and that is to come up with a realistic budget. Car purchasing is quite an overwhelming undertaking.

Also, there is a good chance the used auto salesman you are about to talk to would try to sell you a car more expensive than what you originally planned on getting. What you can do is to find out how much the vehicle is being sold for. Always remember that you won't be saving money with a financing plan that seems that have low monthly payments but will require a lot more months to pay, in fact, you'd end up paying nearly half the car's total price just on the interests alone.

Not spending enough time to determine one's budget is a usual mistake among auto buyers these days. They go about thinking they scored when they are presented with low monthly car payments stretching over five or six years. Sure, a monthly payment of $200 is no doubt affordable, but you may not think it is really affordable if you'd only take the time to compute how much the car would cost if that $200 payment is stretched for five years or more.

Having a predetermined price range before you check out what car dealers have available means you get to focus and choose only among cars that are available in your budget. Thus, it is usually advisable not to get into long-term contracts as much as you can. Make sure that you will study all your available alternatives, and pick a vehicle that you can pay off within three years or less, if that is possible.

Personally checking the car and test driving it is a vital component of the process of buying used autos. This means you need to inspect the car before you even begin to negotiate with the dealers to lower the selling price.

Also, you need to investigate on the prevailing values and prices for the used car that you are planning to buy so you can avoid paying more than the actual value of the car. This helps you get the car you like without any need to spend more than you are comfortable with. You can also have your own mechanic do the inspection and test drive to help you guarantee you won't buy a car that would cost more to fix later on.




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