Saturday, August 15, 2009

Buying Sources for Used Cars

Consider all cars in the class you have chosen (compact sedan, SUV, station wagon, etc.) Look up new cars on the internet to see who makes your dream vehicle. Look up the vehicle on the internet to check its reliability and consumer reviews. Then search the internet to find a used one. Look up the vehicle on the internet to compare the price with other vehicles in the same class within your area.
The three most common places to buy a used vehicle are:

  • Private parties
  • New vehicle dealerships
  • Used vehicle lots

Of these sources, private parties usually have the most reasonable prices. It is also a more relaxed transaction to buy a used vehicle from a private party rather than to face a salesman at a dealership.

Still, there are advantages to buying a used vehicle from a new vehicle dealership. Many used cars, on new vehicle lots, are trade-ins. Dealerships usually get these cars at rock-bottom prices. If you make a low offer — but one that gives them some profit — you just might get a great deal. Furthermore, many dealerships offer certified used cars that have been thoroughly inspected and are backed by attractive warranties.

Search for your vehicle by using Internet sites such as this one, used vehicle listings, or the on-line classifieds of your local newspaper. In some cases you can search the used vehicle inventory of new vehicle dealerships through their Web site.

While the Internet is an amazing resource, you should still try the conventional sources. Ask friends and relatives if they are selling a used vehicle. Keep your eyes peeled for cars with "For Sale" signs in the window. Scan the bulletin boards at supermarkets or in local schools and colleges. Finally, don't forget old faithful — the newspaper classifieds, particularly on Saturday and Sunday.

A lot of time can be saved by calling the party selling the vehicle before you go to see the vehicle. In this way, you can eliminate cars that have problems such as excessive mileage or a salvage title.

After talking to the seller, set up an appointment for a test drive. If possible, make this appointment during the day so you can more accurately determine the car's condition.

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