The Do's and Dont's of buying a used car:
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Buying a used car can be a fantastic way to get a reliable vehicle at a fraction of the cost of a new one. However, it also comes with its own set of challenges and potential pitfalls. To help you navigate the process successfully, we've compiled a comprehensive list of the do's and don'ts of buying a used car.
**Do's:**
1. Do Your Research: Knowledge is power when it comes to buying a used car. Research different makes and models, their reliability, common issues, and resale value. Websites like CarComplaints.com, RepairPal.com, and NHTSA.gov can provide valuable insights on common repairs, complaints, serious issues, and recalls to guide your decision. Also once you have narrowed your search down find the VIN # at the base of the windshield or on the manufacturer sticker and check for recalls through NHTSA.gov. All of these resources are completely free to use for everyone.
2. Do Set a Budget: Determine how much you're willing to spend on a used car, taking into account not only the purchase price but also ongoing expenses such as insurance, maintenance, and fuel. Unexpected expenses can kill a budget and planning ahead can save valuable time and headaches. Each state has differing fees for buying a vehicle in-state and also out of state. For instance, a resident in North Carolina buying a vehicle from out of state is not required for a state inspection for the first year, but they are required to pay taxes and fees for bringing the vehicle in from another state. The flip side of that is a resident in North Carolina buying a vehicle from in-state is required an inspection before being able to tag the vehicle, but is not required to pay some of the extra fees involved with out-of-state vehicles. Setting a budget will help you narrow down your options and avoid overspending.
3. Do Get a Vehicle History Report: Before committing to a used car, obtain a vehicle history report using services like Carfax or AutoCheck. This report will reveal crucial information about the car's past, including any accidents, title issues, or odometer discrepancies. This can be helpful not only with clean title vehicles but also with salvage titled vehicles. When it comes to salvage titled vehicles, knowing the damage and repairs are crucial for peace of mind.
4. Do Have the Car Inspected: Before finalizing the purchase, have the used car inspected by a qualified mechanic. We offer buyer’s inspections at varying levels to ensure you are purchasing a sound and reliable vehicle. A thorough inspection can uncover hidden problems or issues that may not be immediately apparent, giving you peace of mind and potentially saving you money on future repairs. A pivotal part of our inspection is scanning the computer of the vehicle for any hidden codes, problem areas, or deleted codes that will reappear.
5. Do Test Drive: Always test drive a used car before making a decision. Pay attention to how it handles on the road, check for any unusual noises or vibrations, and test out all the features and amenities. The test drive is your opportunity to ensure the car meets your expectations and requirements. During our buyer’s inspection, we will test drive the vehicle as well, looking and listening for any unusual sounds or vibrations.
6. Do Negotiate: Don't be afraid to negotiate the price of a used car. Use your research and inspection findings to justify your offer, and be prepared to walk away if the seller is unwilling to meet your terms. Remember, buying a used car is a negotiation, and both parties should feel satisfied with the final deal.
7. Do Review the Paperwork: Before signing any documents, carefully review the paperwork to ensure everything is in order. Double-check the title, registration, sales contract, and any warranty agreements. Make sure all the details are correct and that you understand your rights and responsibilities as a buyer. The title paperwork must be done correctly the first time and notarized by a notary to ensure ease of title transfer when you are ready to put a tag on the vehicle.
**Don'ts:**
1. Don't Skip the Inspection: Skipping the inspection of a used car is one of the biggest mistakes you can make. Even if the car looks good on the surface, there may be underlying issues that only a trained mechanic can uncover. Investing in an inspection upfront can save you from headaches and costly repairs down the road.
2. Don't Ignore Red Flags: If something seems off or too good to be true, trust your instincts and proceed with caution. Common red flags include suspiciously low prices, incomplete maintenance records, and reluctance from the seller to allow an inspection or test drive. Don't ignore these warning signs, as they could indicate potential problems with the car.
3. Don't Rush the Process: Buying a used car is a significant decision that shouldn't be rushed. Take your time to research, inspect, and test drive multiple vehicles before making a decision. Rushing into a purchase can lead to buyer's remorse and regret, so exercise patience and thoroughness throughout the process. One thing to always remember is that there is always another vehicle out there that will suit your needs, even if it means driving a bit farther to get it.
4. Don't Overlook Maintenance History: Reviewing the maintenance history of a used car is crucial to understanding its condition and potential future expenses. Look for evidence of regular maintenance and repairs, as well as any outstanding issues that may need attention. A well-maintained car is more likely to be reliable and trouble-free in the long run. Use your knowledge gained through the research process to ensure common issues have already been addressed.
5. Don't Forget to Consider Resale Value: While it's essential to find a used car that meets your current needs and budget, don't forget to consider its resale value as well. Some makes and models hold their value better than others, which can affect your ownership costs over time. Research the resale value of the car you're considering to make an informed decision. The easiest way to find this information is through the Facebook marketplace and online sources, such as KBB.com, Edmunds.com, and TrueCar.com.
6. Don't Assume the Warranty Covers Everything: If the used car comes with a warranty, don't assume that it covers everything. Carefully review the warranty terms and limitations to understand what is and isn't covered. Keep in mind that warranties typically have exclusions and may require you to adhere to specific maintenance requirements to remain valid. Most warranties require the owner to have all maintenance and repair records available.
7. Don't Be Pressured Into a Purchase: Don't let pushy sales tactics or time-sensitive offers pressure you into making a hasty decision. Take your time to evaluate your options and consider all factors before committing to a purchase. Remember, it's your money and your decision, so don't be afraid to walk away if something doesn't feel right.
8. Don't Forget to Shop Around:** Finally, don't limit yourself to just one dealership or seller. Shop around and compare prices, features, and conditions from multiple sources. By exploring different options, you'll increase your chances of finding the perfect used car that meets your needs and budget.
**In conclusion, buying a used car can be a rewarding experience when approached with caution and diligence. By following these do's and don'ts, you can navigate the process successfully and make a smart and informed decision. Remember to do your research, set a budget, get a vehicle history report, have the car inspected, test drive, negotiate, review the paperwork, and trust your instincts. With the right approach, you'll soon be driving away in a reliable and affordable used car that meets your needs and exceeds your expectations.