Saturday, June 14, 2008

Buy A Used Car - Deal And Save Money

By Pete Roberts

Used cars are a great way to save money. If your looking to save thousands of dollars a used vehicle makes sense and should not be overlooked. It is a good idea to research a particular model or year to make sure you get a reliable automobile.

Many people when searching for used cars check their local used car dealer lots. Used car dealers often have the vehicle at a high book value but the vehicle has often been through a safety check and tuneup and this may include a complete detail. If you are buying from a reputable dealer chances are you are buying a quality used car.

When you buy a used car from a private party you can find nice deals below book value. It pays to know the value of cars before you go shopping for a set of wheels. You can often purchase a book or guide that will list prices of vehicles based on year, model, condition and even mileage that way you can avoid getting scammed.

Finding a used car at a fair price is great but you can often negotiate a cheaper price by offer 25% below asking price. Sellers often will come down in price but if they are already at a low book price or have a desirable hard to find vehicle at a high resale value they may not lower the price at all but by pointing out a few defects such as paint or class chips or worn items such as dash carpet and upholstery they drop the price some.

When shopping for a car loan or personal loan always try to get a few loan quotes before you end up at a dealer. Check you bank, financial institution and even your insurance agent for loan quotes. You could end up saving hundreds sometimes thousands over the life of the loan if you did your homework first. Less reputable used car dealers often take advantage or people who fail to know their loan options. Sometimes you will find that a dealer may be able to beat all your other loan quotes.

Often people looking for used cars start by searching the local classifieds online or used dealer car lots. Don't ignore the best deals often found at online car auctions or locally at public car auctions. Most car auctions require payment and to take delivery same day and many dealers will be competing because the deals are truly that good.

If you know what vehicles you are looking to purchase always call your insurance company to get an insurance quote. You may be surprised that the car carries a premium because it is a special edition with turbo and you are a young male driver. Always do your research before signing any contracts or loans to buy a used car.

About the Author:

0 Comments:

Post a Comment

<< Home