Are you planning on purchasing a used car anytime soon? Make sure you know your facts before plunging into a decision! Regardless if the car is new or used, the amount you spend is still an extravagant amount. Follow the tips below to ensure you make a well informative decision!
1. Set a Budget
One of the worst things that you can possibly do when making a big purchase is going OVER budget. The first steps that you need to do is to look at your savings, bills and income and from there create a budget that won’t break the bank. A car is probably the second largest purchase you’ll be making in your life – so remember, be smart on the amount of money you spend on it! Also, keep in mind that insurance and gas are big factors when purchasing a car! The more luxurious the brand, the more you will pay for gas and insurance.
2. Spread the word
Telling your friends, colleagues and even acquaintances can come it a big advantage to you when you’re looking for a used car. There’s always someone within the group of people you know that is selling their car so you can get quite a good deal. If you’re not the picky type of person who is simply looking for a car to get you from point A to point B then you can definitely save a lot of money! However, you need to keep in mind that these sellers might over emphasize the worth of their car so make sure you know exactly what you’re getting yourself into.
3. Take it for a GOOD test drive
A smart buyer knows that taking a car out for a test drive is the most important part when making a final decision. Don’t be too gentle with it and take it for a good 30-45 min drive, this gives you enough time to take it out on the city streets and highways. Make sure to keep the radio off so you can hear for any sort of noises that the car is making. Keep a close eye on how the transmission shifts and test the air conditioner and heat! Remember, you’ll get a better feel of the car when you don’t baby it so drive it like you own it!
4. Bargain Bargain Bargain!
Any seller knows that when you’re putting up something for sale,you’re going to mark up the price to make as much profit as you can. You need to always keep this in mind to ensure that you are not getting ripped off! A good seller knows how to talk in a way that convinces you their car is worth more than you’re willing to purchase. So, be stern and bargain for a good deal. Also watch out for any additional fees that may be added into the sales contract as it can really add up!
5. Befriend a Car Technician
Did you finally find the perfect car? Well, if you have a friend thats a technician then you should bring them to do a detailed car inspection. Technicians are able to see creases in the unibody and paint overspray to detect whether or not the car has been involved in a collision. Most technicians would not invest half a day inspecting a car, so it’s always good to have a more personal relationship with them as they are more inclined to help!
6. Do your Research!
This should be the FIRST thing you do before getting too serious in looking at cars. Make sure to do in-depth research into potential cars that you are interested in purchasing to get a good understanding of their advantages. You should also be doing research to compare cars to ensure you’re choosing the right one that fits your need and lifestyle. Go beyond the typical car review sites and look up personal articles regarding the car model! You can potentially use this to your advantage when bargaining for the price.