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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.
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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:

  1. Used Car Sales
    1. Used car sales have become explosive for most dealerships. Many people are coming to the conclusion that buying a used car is a wiser investment than purchasing a new car.
  2. Used Car Bill Sale
    1. When you have made the decision to buy a used car you should be aware that it does not just involve an exchange of money and a handshake. There are forms that need to be filed to make the transaction legal. The most overlooked form is called a used car bill of sale.
  3. Used Car Reviews
    1. Using the internet, newspapers, word of mouth, and any other means you have to gather information about different used car reviews on specific vehicles is a great thing.

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.
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Used Car Dealer Inventory

1991 GMC Sonoma
1991 GMC Sonoma
Price: $795
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Miles: 100,001
Offered by: Don's Automotive Group
Location: 720 N Shoop Ave Wauseon, OH 43567
Don's Automotive Group
1989 Dodge Shadow
1989 Dodge Shadow
Price: $500
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Offered by: Highview Motors
Location: Altavista, VA 24517
Highview Motors
1995 Chevrolet Astro
1995 Chevrolet Astro
Price: $995
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Miles: 209,150
Offered by: Noble Ford-Mercury
Location: Indianola, IA 50125
Noble Ford-Mercury
2002 Ford Explorer
Price: $7,600
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Offered by: C O Motors
Location: 516 MacCorkle Avenue Saint Albans, WV 25177
C O Motors
1998 Pontiac Bonneville
Price: $4,566
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Miles: 120,788
Offered by: Green Dodge Kia Mitsubishi Subaru
Location: 3801 W. Wabash Ave. Springfield, IL 62707
Green Dodge Kia Mitsubishi Subaru
1999 Mercury Sable
1999 Mercury Sable
Price: $3,149
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Miles: 171,628
Offered by: Dobbs Ford at Mt Moriah
Location: 2515 Mt. Moriah Road Memphis, TN 38115
Dobbs Ford at Mt Moriah