Mistakes to Avoid When Buying a Used Car
Buying a car seems to be a right of passage for Americans. It is almost a guarantee that, at some point in time, the majority of people will buy a car. While cars and associated costs are beginning to rise, there are several ways to purchase a car on a budget. Buying a used car is a somewhat stressful process as you may have to deal with dishonest sellers or the headaches that can come with a used car. This process requires a lot more work than purchasing a new car. It can take a lot longer to find the vehicle with the right accommodations within the appropriate price range. Read on to learn about what mistakes you should avoid when purchasing a used car.
Used Cars: The More Cost Effective Choice
One of the main reasons that people buy used cars versus a new car is because it is more cost effective. We are concerned with having to apply for loans, having large monthly payments and living paycheck to paycheck because of a car. Used cars are a great option for first time buyers, teenagers, or even just for a commuter who plans to put many miles on the car. When purchasing a used car, make sure that you are getting what your money is worth. Often, people get sticker shock from expensive new cars and then purchase extremely cheap vehicles that are older and not as reliable in the long run. There are a lot of good options for purchasing a used vehicle; the best options are around 2-5 years old. This provides a significant discount and guarantees the safety of the vehicle.
New Cars Have Their Own Benefits
When buying a new car, there are few steps that are standard. We usually ask about gas mileage, safety checks, tires, warranty, and then you can even take it for a spin. People do this to ensure that we are happy with the vehicle and that it will serve the purpose that we are looking for. You never want to compromise with such a large purchase. Make sure you take the time to drive and test multiple cars. Some people feel pressure to purchase a used car because of price and convenience, but the worst feeling is regretting a purchase that large and being stuck.
A few years ago, I was convinced I knew the car that I wanted to buy. I had read all the reviews and watched all the videos; it was perfect in my eyes. So, I drove to the dealership with the idea that I would be purchasing this car. Honestly, I could see myself driving it and I could not wait. But, I had blinders on the entire time I was at the dealership. I would not consider any other car; it had great safety ratings, gas mileage and a great look to it. Regrettably, when I got in to test drive the car it felt bulky and it had very low visibility on the side windows and back. I was so confused and felt like I had to start from square one.
In the end, I had to throw out everything I thought I knew and try another vehicle, proving that this process is not easy and should be well thought out. Overall, I test drove about 9 cars before making my decision and I have never looked back. It made spending the money easier and driving the car everyday a great experience. Take your time, do your research and follow your gut when buying a car, you will not regret it.