Buying used cars may have a stigma for some people. Having to deal with a shady salesman; worrying that the car will break down as soon as you drive it off the lot; and worrying that you just plain got ripped off. However, if you are in the market for a car, buying used vehicles can end up saving you a lot of money. Here are a few tips to help you buy used cars.
Contrary to what many people think, buying used cars has many advantages over buying new. First of all, you won’t have to worry about the massive depreciation that happens when you drive off the lot with a new car, and if you do your homework, you can find a car that’s almost as good as new. Used cars are also not only cheaper up front, but they will help you save money on insurance as well. And used cars are more reliable today than ever, with some even still being covered by the factory warranty if something does happen to go wrong.
So buying used cars is a smart decision, but where should you buy one? There are several options you have when deciding where to buy your used car and which car to buy. Ford, being the second-largest U.S.-based automaker (fifth-largest worldwide), and having introduced the first car with safety glass in the windshield (the Model A) in 1930, may be an especially attractive option. However, before you head down to the local Ford dealer, consider your options. You can buy used cars from an independent lot, the used cars section of a new car dealership, or a private party.
Private parties generally offer the lowest prices and least stress when it comes to the transaction, but buying from a dealer has its own advantages. Used cars bought at a new car dealership are generally trade-ins that the dealer got for rock bottom prices. By taking advantage of this fact, you may be able to score an excellent deal on a great used car. Many used cars at dealerships also come with strong warranties and inspections, so you know you’ll be buying a quality used car.
Of course, before you even think about buying used cars, you need to do your research. Doing your research will help you know what to expect from any used car you buy. Various resources can help you determine what the true cost will be to own a used car, informing you of any additional expenses you may incur. You should also run a vehicle history report based on the VIN of the vehicle you are interested in.
And in addition to finding out information about your specific vehicle, you might find out some neat trivia as well. For example, did you know that the 1966 Ford Mustang was the first car to park on the observation deck of the Empire State Building? It was brought up by disassembling it and carrying the parts up passenger elevators. Or, did you know that the first dedicated luxury car brand was released in 1986? It was the Honda Acura.
Buying used cars can be a bit stressful, but if you do your research and keep your expectations in line you can score a great deal on a used car. Just remember, 65 traffic tickets are issued every minute in the United States. So while you’re enjoying your new (to you) car, remember to obey all local traffic laws, so you don’t end up making up for your savings in traffic tickets. Continue.