Used Car Dealers: Important Things You Need To Know
A lot of people would prefer having a pre-loved car to purchase than a brand new one. Even if there are quite a lot of brand new choices nowadays, there are still a few compelling choices to get a used car.
First of all, you may really want to buy a specific car model for years now and you may have actually found one of a particular model year with a much lower price today. You may also have the cash to afford a used car without problems but you don’t want to get yourself involved with several years of payment that you might be required with a brand new car. Moreover, you might just be able to see a lot of value in a used car compared to a brand new car, especially if you’re running a small business and you realize that getting a used car can let you save more cash.
However, you should also consider the fact that these used cars might already have its pitfalls. The thing about used cars is that you can’t really expect it to have everything running perfectly because its reliability is hugely dependent on many things such as the mileage of the car, the manufacturer’s engineering, as well as the driving and maintenance habits of the previous owner. Below are some very important things that you should keep in mind when dealing with used cars:
Expect to replace more parts with higher mileage. Things like brake pads and fuel filters can be relatively inexpensive, but you should know that it could get bigger steadily like having to do a transmission overhaul one day, and getting a new radiator the next, or having to replace your A/C Compressor. It would help a lot if you have a copy of the periodic maintenance schedule of the car just so you will be made fully aware of what you’re getting into.
You should never be cheap. Of course, you can be thrifty, yes, but if you decide to delay replacement of worn parts, you’ll definitely have to spend a lot more. In case of the cooling system, delaying its needed replacement will only cause a domino effect.
You should make two budgets so that you can fund for your initial purchase and another to make sure you can rely on the car’s parts. It is strongly recommended that you have at least 20% of the total price of your car as your “fix-it” budget. With this, you’ll have a proper budgets for parts that already need replacing.
You should still do some research on the car. It is very important that you know the car’s reputation that you’re planning to buy and in order for you to do this, you should talk with somebody you know who owned that specific model you’re eyeing.
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