Buying A Vehicle From A Used Car Dealer
When you are looking for a replacement vehicle
, you have two main options. You can either buy them fresh off the assembly line or you can buy them from a used car dealer. Either way, the best way to get a good one is to do your homework.
If you decide to take the used vehicle route, the first thing you should do is know exactly what you can afford and make a commitment not to spend more than that amount. Once you know what you will be able to pay each month, research your financing options, which can either be through your dealership or through a financial institution. Keep in mind that you will need to pay for your tax, title, licensing, insurance, and interest if you choose to finance your vehicle. Once you know what you can afford, don't get interested in vehicles that are near the maximum as you may go over it after you get those things added.
Often the first mistake is made at the used car lot because you fall in love with a vehicle that does not meet your daily needs. To find the right vehicle determine what you need it to do. For example, if you need to have room for several children, then you may be looking for a mini van or SUV, or if you want to haul things, you may be looking for a pick-up truck. You should also make a list of features you desire, such as a sun roof, DVD player, good gas mileage, or captain's chairs.
Now you need to find out what your current vehicle is worth. You can do this by researching websites such as Edmunds or Kelley Blue book where you can evaluate the condition of your vehicle so that you know what your trade in value is at your used car dealer or what value to put on it if you choose to sell it to a private buyer.
Any vehicle that you are interested in, you should have a "background check" performed on your vehicle to make sure that it has not been in any accidents, walk around the vehicle to make sure that there are not any major scratches or dents in it, and take it for a test drive so that you can make sure that it drives well and does not emit any dark exhaust.
Finally, you need to negotiate on the price of the vehicle. Your negotiations should be based on the value that you have discovered through your research. Usually after some haggling, you can get a price below the posted value.
If you have done your homework before you begin the car buying process, you will be pleased with it and you can build a relationship with your used car dealer for years to come.
by: Anders Abadie
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