How to Buy a Used Vehicle

Started by ArticleBase, Oct 04, 2013, 11:31 AM

ArticleBase

 Buying a used vehicle is one of the wisest financial decisions. Buying a used vehicle, you'll spend less, avoid the new-vehicle depreciation, pay less for insurance and registration and receive a variety of other discounts. However, it is essential to buy the best used vehicle for you.

Related Articles   How To Properly Inspect A Used Car Before You Buy It   Easy Ways To Inspect Used Car   Used Car Buying Tips From a Peoria, IL Dealer   Used Toyota Fortuner Car | Toyota Used Car    We have developed a list of things you should know before purchasing a used vehicle.

You should look for used vehicles that are newer. Newer used vehicles may still offer a warranty. Most vehicles have at least a three year/36,000 mile warranty attached with a longer warranty on the engine and transmission. If you buy a used vehicle that is under three years old, you'll have a little peace of mind. Make sure that the used car warranty is fully transferable.

Look into Certified Pre-Owned (CPO) vehicles.  Certified pre-owned (CPO) vehicles are used cars, and trucks that have undergone multipoint inspections, have less than 50,000 miles and have been serviced before being placed on the lot. The vehicles also include an extended warranty on major parts at no additional cost to you.

Make sure to research your prospective vehicle. You will want to do a "background" on your prospective car to look for recalls or consumer complaints about that particular make and model. Going to the National Highway Traffic Safety Administration's website you can find about recalls and safety-related defects and JD Power & Associates will provide information about customer satisfaction. Consumer Reports can also be used to find out about certain vehicle models.

Perform a vehicle inspection and test drive it. After you have narrowed down your choices, it is time to conduct a thorough inspection and take it for a test drive. Performing an inspection will alert you of potential problems and tell you if the vehicle has been involved in an accident. When test driving the vehicle, it is a good idea to bring a mechanic along with you to see if there are strange noises. Don't hesitate to ask for the CARFAX®.

Figure out your financing. After you have found the vehicle you want to purchase, it is time to figure out how you are paying for it. You must act fast to prevent someone else from buying it before you. If you are paying cash, it is an easy transaction. However, if you plan to finance the vehicle, it is a great idea to get pre-approved for a loan. Getting pre-approved, helps you to stay within a budget, and to know your interest rate.

Jim Hudson Toyota offers new and used vehicles to customers throughout Irmo, South Carolina and the surrounding areas. Whether you are searching for a car, truck, or SUV, our sales staff can help you find the perfect vehicle for you and your family. Stop by our SC Toyota dealership today!



Source: How to Buy a Used Vehicle