how to buy a used car tips

Peruse consumer reviews, compare Kelley Blue Book values, research resale values and conduct vehicle history reports with VIN numbers.
Ordering a CARFAX Vehicle History Report is worth your time and money and empowers consumers in knowing exactly what they are purchasing.

All you need to run a CarFax report is the car’s vehicle identification number (VIN) which can be found on the dashboard, just below the windshield on the driver’s side or on the driver’s side door, just below the locking mechanism.
And if you decide to sell your new car a few years after you buy it, you’re going to lose a lot more money in the re-sale than if you had bought it used.
Before you make an offer, you need to inspect it to ensure you’re not buying a lemon.
By buying a car brand new, you’re basically paying 30% more than you need to. will not only give you the manufacturer’s suggested retail price (MSRP) for a vehicle, they’ll also check what others have paid for that particular car and give you an almost real time market price for it.
In states that do allow "as is" sales, the "Implied Warranties Only" disclosure should appear on the Buyers Guide if the dealer decides to sell a vehicle with implied warranties and no written warranty.
That’s because when a dealer sells a vehicle with a written warranty or service contract, implied warranties are included automatically.
When the dealer offers a vehicle "as is," the box next to the "As Is – No Warranty" disclosure on the Buyers Guide must be checked.
For example, if the Buyers Guide says the car comes with a warranty and the contract says the car is sold "as is," the dealer must give you the warranty described in the Guide.
The dealer must check the appropriate box on the Buyers Guide if a service contract is offered, except in states where service contracts are regulated by insurance laws.
If the box is checked but the dealer promises to repair the vehicle or cancel the sale if you’re not satisfied, make sure the promise is written on the Buyers Guide.
If you buy a service contract from the dealer within 90 days of buying a used vehicle, federal prohibits the dealer from eliminating implied warranties on the systems covered in the contract.
When you select a car through the Appraise a Used Car tool, it takes you to the gateway of all the information you need to make a good buying decision: pricing, reviews, specs, fuel economy and lists of standard features.
Before you contact a used-car seller, you should get a vehicle history report for the car you’re interested in buying.
If you are buying a car from a private party, you just have to make sure that payment is final and that the seller properly transfers title and registration to you.
Once you find a good prospective car, call the seller before you go to see the vehicle.
My advice is that you should consider buying a new car that fits in you budget so that you will be covered by the manufacturer’s warranty if there are any problems.
The companies do usually follow the recommended maintenance so the key components like the engine are probably in better condition than cars owned by private people.
In general, you will pay at least 2% higher APR for a used car than you would on a new car loan but you can offset this by using an online lender that specialized in financing used cars such as the ones we recommend.
Since you are normally buying a used car "As Is," you will want to know about any problems before the purchase.
In addition to the steps required to get a good deal on a new car, when buying a used vehicle there are additional steps you must be aware of.
Out of all the steps to buying a used car, the one-on-one negotiation is the most daunting! You need to use all of the available information to your advantage to drive the price down.
Buying a used car can be a tricky process to navigate because no two cars are the same.
The "Used Car Bill Of Sale Form" is a useful free spreadsheet (actually 2 forms in one) to help you finalize the sale.
I get a ton of emails from people that ended up buying a used car and later finding out it had been wrecked.
You should pay with a credit card if possible or a check of some type (personal, official check, etc.). With a credit card or check you have a paper trail and some recourse available if something goes wrong.
We’ve seen certified pre-owned luxury cars that have been previously wrecked or have other problems.
It gives you the ability to run as many reports as you want for 60 days so you will be able to compare the histories of any cars you are considering.
Rebuilt Superstorm Sandy cars are just now "flooding" the market.
The rental companies tend to take cars out of service after a year or two so you will be getting a relatively new car that has been well maintained.
The dealers like to advertise things like 175 point inspections but in reality these don’t mean much and they really don’t do much to recondition the cars other than normal detailing.
Use the CARFAX search as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car.
CARFAX Vehicle History Reports are based on information supplied to CARFAX.
CARFAX does not have the complete history of every vehicle.
Make sure you get a great deal and avoid being scammed or buying a lemon by following our expert’s tips to buying your ideal used car.
Discover the indications of flood damage to avoid purchasing one of the thousands of flood damaged cars on the road.
Be prepared to walk.  Or, at least take time to let your offer simmer.  You don’t have to get intense with negotiating, but stick within the range you’re willing to spend.  If that’s not going to your satisfaction, stay cool and acknowledge the impasse.  Make sure the seller has your contact information and thank him or her for their time.  If they don’t call your bluff and open negotiations again, so be it.  At least you won’t have been pressured into accepting a disagreeable offer.
Know the car you want.  Wandering aimlessly around a car lot can lead to an imperfect vehicle match.  Find specific cars online before you head out to dealers.  If it’s a considerable distance away, consider calling ahead to verify the car is still in stock.  Dealers tend to keep their websites updated, but it doesn’t happen in real time.
Get more for your money.  If price is a sticky point and you’d rather not walk away from the deal altogether, try negotiating the seller to include more for the price.  With a private party, that could be a full tank of gas, oil change and professional detailing.  A dealer can do the same and more.  All you have to do is ask, and the worst they can say is no.
Ask for records.  Service records and a vehicle history report may not be ironclad proof of a car’s past, but they do shed light on the life it led.  Confirmation of important maintenance like a timing belt, clutch or other expensive work can be a bargaining tool and help you anticipate future operating costs.
Shop at the right time.  There’s some truth to better deals at the end of the month, but there are other times when dealers can be more flexible.  The holidays are generally slower times as consumers are preoccupied with other shopping.  For dealers in cold and snowy regions, slowness continues through the winter months.
Know what it’s worth.  When you have a car in mind, research its value online.  Several sites give dealer retail and private party numbers alike, adjusted for your region.  Try a few to develop a better average price range.
You can work out a loan with the dealership or manufacturer, but it is also possible to walk into a dealership with financing already secured through a third-party source, such as our official, preferred lender LightStream, an online lending division of SunTrust Bank, and the preferred lender of Kelley Blue Book.
Here are some suggestions: First, make a list of all the things you need your vehicle to do (haul kids, go off-road, get good gas mileage, be absolutely reliable, maintain good re-sale value, be easy to park) and then make a second list of all the things you admire in a vehicle (body style, colors, luxury options).
It always pays to shop around, so check rates with your insurance company before you buy your new vehicle, and then quote & name your price on Progressive online to compare.
You should end up with a list of required and desired characteristics, which you can use to eliminate models that won’t work for you (you can’t haul kids in a two-seat sports car or operate a full-size sport utility vehicle on an economy-car fuel budget).
Typically, sport cars, anything with "turbo" or "supercharged" in the name, higher performance vehicles with larger or more powerful engines and vehicles with four-wheel drive will give you higher insurance rates.
Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
This image is a stock photo and is not an exact representation of any vehicle offered for sale.
First when dealing with an individual your more likely to be able to get a better deal depending on the persons situation but with a little chat and some friendly conversation the bartering process is more likely to come out better than if dealing with a used car salesman and on top of that forum users are more apt to give deals to other users.
What I mean is "I have $5000 to buy this compact sedan so I save money, drive my small family and can park in the city much…oooooo look a mustang!" isn’t logical and beyond what you need (no matter what your inner child says).
Plus if you go through a forum like Naxja or AlfaBB (you can tell what cars I’m looking for) you can get a lot of feedback from guys posting about the car that might know more than you, or if it is long distance forum users are often open to checking out a car for you and you’ll be getting an honest opinion back.
Buying on an impulse leads you to decide that you’re going to buy the vehicle before you’ve looked at it, and that makes you do things like inspect the vehicle in the dark and/or in the rain, where you’re not going to look at or see certain things.
My Rabbit pickup and Volvo 240 wagon purchases ended in tears because of major rust issues I missed because the conditions weren’t favorable for a thorough inspection and that my impulse to buy overcame my common sense.
Program Car – is just another fancy name for "off lease" or 90% of the time "previous rental" – That’s where almost every single one of these cars comes from.
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Title washing occurs when scam artists try to sell a salvage vehicle by concealing its history of damage from a buyer.
By moving a vehicle and its title through several different states, con artists try to "wash" out the title branding of salvage or damage.
Although a vehicle’s title should show if it has been damaged or salvaged, some states do not document titles in the same way as other states.
Top Gear presenter Steve Berry shows you how to buy a used car safely and avoid scratches, knocks, tell-tale signs of incorrect mileage readings or hidden car accidents.
Once you’ve researched the make and model you want to buy, ask the dealership to show you the actual inspection report for that vehicle.
Check the vehicle identification number (VIN) and make sure it matches the one on the inspection report.
It’s best to choose a vehicle that’s been certified by the manufacturer rather than just the dealership.
Before buying any used car, even a certified pre-owned vehicle, it’s important to be informed before you go shopping.
You may want to get a vehicle history report from websites like CARFAX®.
Before purchasing a vehicle, it’s important to research it online and know the true market value.
If you are purchasing a more expensive car you may also need to check into if it has a salvage title, or has it just been painted, and other things, but given the price range this video deals with, those things are not important.
It's a second pair of eyes and ears to get information so you don't misunderstand what the seller is saying.
Since your friend is not emotionally involved and they don't have car fever, they can help you keep a cool head so you don't make a dumb mistake, like paying too much.
Fourteen years ago, Lorena Mejia was a single mom working three jobs a day to pay a mortgage she could barely afford. Today, she’s the proud owner of a four-bedroom home she paid cash for.
You don't have to worry about being approved for a loan or telling the seller to hold the car for you until Monday.
When you talk to the seller, ask factual questions about the car (don't ask if it gets good gas mileage—ask how many miles to the gallon it gets).
In honor of Truett Cathy’s life, here are seven principles he consistently demonstrated through the years—guidelines that will work in making a living and in building a life.
Separate your negotiation according to every profit center the dealer has: price, rebates, trade-in value, interest rate, lease rate, bank fee, alarms, maintenance, warranties, and any other products the dealer is offering.
Every car buying experience includes a road test, but what should a used car buyer look for? Review our Used Car Test Drive Tip Sheet before you take your next test drive.
Who wouldn’t want to buy a certified used car that has been well maintained and inspected regularly? Learn why buying a used rental car is among the best values on the road.
Is it loud or quiet? Does it make unusual noises? When driving on a bumpy road, listen for any unusual rattles or squeaks.
Take notice of blind spots – your personal height, and positioning of the driver’s seat determines the size of your personal blind spots.
How does the car feel when getting into and out of a parking place? Test the windshield wiper and washer operation.