Buying a Used Car
Buying a used car may be a riskier purchase then if you
were purchasing a new car. The things that need to be taken
into consideration when buying a used car normally do not
have to be considered when purchasing a new car.
There are internet sites that give you the opportunity to
research used cars. The technology today that provides
consumers with all of this information is amazing. In the
past, if you chose to buy a new car you were taking the
sellers word that the car was in good shape and free and
clear of any previous damage. Today however, that has
changed. The Kelley Blue Book is probably the best source to
find out about any make or model of a used car. The
information that is obtainable is non-ending. You have to be
aware that the information that you receive from the Kelley
Blue Book is a straight figure that does not include any
damage to the vehicle, the popularity of the vehicle in your
local area, the trade-in amount you will get, or what the
car will sell for down the road.
You cannot just use the internet to research a used car if you're buying from a private seller. There are specific things that you should do before purchasing any used car from a private seller. Things like finding out why the seller is getting rid of the car; ask questions about maintenance records; ask about any previous damage; take the vehicle to your own mechanic for inspection; check the vehicle history by its VIN number; and lastly take the car for a test drive on different road surfaces to see how it handles. If you are uncomfortable in anyway with the seller or the vehicle then follow your instincts and walk away. You're probably saving yourself from buying someone else's headache.
It is easier to buy a car through a used car dealership. You will still need to research the used car to make sure that you're getting a fair deal. Check out the value of the car. Make sure your not spending a lot of money on a used car that will have less then half of the value in two years then what you paid. That is a bad investment because you will never retrieve any of your money back.
Buying a used car can be a timely procedure. It is well worth the time, however, to save yourself money and still get a used car for a fair price. On that note - take your time and shop at different locations and think about all of your options before any deal is sealed.
Related Content:
- Used Car Blue Book
- If you’re looking for the retail value from a dealership the used car blue book will provide the suggested retail price that will most likely be asked for all makes and models.
- Used Car Guide
- A used car guide can actually be very misguided. Be careful when you decide to use a used car guide to purchase a used vehicle.
- Used Car Loans Online
- With the help of financial experts that specialize in used car loan approvals, consumers can get the automobile loan they need quickly and confidentially.
Basic Financing Requirements
- At least one year at the same employer for those with no credit rating.
- At least two years of employment history for those with some kind of credit history.
- Minimum monthly gross income of $1500.00.
- Money down may be required, but is not necessary in every case.
- No repossession within the last 12 months unless included in a bankruptcy.
- No motorcycle or private party purchases.
- Must reside in the United States or Canada.
| I meet these guidelines, skip to application. |
Used Car Dealer Inventory
Location: 1565 Automall Loop Colorado Springs, CO 80920
Phil Long Ford of Chapel Hills
Location: Plainwell, MI 49080
Harold Zeigler Ford Plainwell
