Today when it comes to getting a used car has become much easier with the invention of the internet. No longer do you need to look just at those available close to where you live but if you are willing to travel then you can look further afield by using many of the online auction sites and used car sites as well. Below we provide the top ten tips for buying a used car which you should be keeping in mind when trying to get your ideal one.
Tip 1 – Before you go ahead and buy a used car it is important that you do as much research into your chosen vehicle first. As well as looking through various internet used car listings then spend time reading through as many professional road test reviews that have been written. Also read as many reviews written and posted by people who currently own or have owned the model of car that you are interested in.
Tip 2 – Next you need to determine just how much the car is going to cost once you get it. Along with comparing the mileage ratings for the car that you are interested in you need to take into consideration what it is going to cost to upkeep the vehicle as well. There are plenty of websites online including the likes of fueleconomy.gov which provides you with the EPA mileage figures for any vehicle that has been made from 1986 to 2008. Plus sites like this will also tell you what kinds of greenhouse gas emissions the vehicle produces each year as well.
Tip 3 – The next thing you need to do is look at the cost of insuring the car you are interested in. Unfortunately the insurance premiums you pay on a vehicle are dependent upon a number of different factors. Along with the age of the driver and how much no claims bonus they hold the car’s sticker price will affect how much you pay in insurance for it, plus what it is going to cost to get it repaired, how safe the vehicle is and finally is it a vehicle which is likely to be stolen. What’s the point of purchasing a vehicle if only you cannot afford to get the insurance for it?
Tip 4 – If you need to arrange financing in order to purchase a used car then it is best if you arrange this through your bank or credit union as the rates they charge are considerably lower. Plus this puts you in a position with the dealership or owner of the vehicle to be able to get a better deal on the vehicle that you are after. Also before you go and get your financing it is worth checking your credit rating first to ensure that you won’t be hit by any unexpected problems that could affect what kind of financing deal you get. The three major credit reporting agencies are now by law required to …