Buyer Tips

Know What a Great Deal on a Used Car Looks Like

By Mike Richards Posted: 11/07/2017

If you are in the market for a new car, you might be currently debating whether you should buy used, or if you should buy a new vehicle. Most people contemplate this question even before they decide on the make and model of vehicle. Buying a used car is often a better alternative than buying something that is brand new for a range of reasons. However, you need to know whether or not you are getting a good deal on the used car before you make your purchase. Let’s look at some of the crucial factors to consider when you are buying a used car.

Learn the Condition of the Vehicle

When you are buying a used car, make sure you learn as much as you can about the vehicle in question. Has the vehicle been in an accident? Some vehicles, even if they may have been in an accident, are still worth your time. However, you need to know the extent of the accident, what was repaired, and whether it could affect the quality or reliability of the vehicle once you buy it.

When you are buying online through an auction, you will not get to see the vehicle in person. However, you can still read reports on the vehicle, and you can see photos of the car in question. Photos should show the vehicle in an honest light – the good and the bad. Understand as much about the vehicle as possible, and ask questions whenever you can. You do not want to spend your money on a vehicle that is only going to cause headaches for you down the road.

What Is the True Value of the Vehicle

Once you have a better understanding of the quality of the used car you want to buy, you can then get a better idea of the true value of the vehicle. Check auto guides, such as Kelley Blue Book, as well as other online sites, to see what that vehicle is selling for. Remember to account for the vehicle’s condition when you are trying to determine the price, as well. For example, a vehicle that has some slight body damage will be worth less than a vehicle of the same make and model that has no body damage.

Look for comparable vehicles in terms of condition and mileage, and this will give you a much better idea of what the true value of the vehicle will be. By getting an idea of what others have paid for the vehicle, it can help you know when you are getting a good deal and when the price is just too high for the car.

What Type of Maintenance Might the Vehicle Need in the Future

One of the other factors you need to consider when you are buying a vehicle is what type of maintenance it might need in the future. Even if the vehicle seems to be in good shape now and the price looks right, learn about the longevity of the make and model you are considering. Look up reviews from people who own the vehicle, as well as professional reviews. Have they talked about any glaring problems that tend to need addressing the longer you’ve owned the vehicle?

While most will look at things such as the electrical and computer systems, and the engine, you should also make sure that you check for things such as the paint job, for example. Just as when you are buying a brand-new vehicle, you will want to know exactly what you are in for when it comes to maintenance.

Getting a used car can help you save money, and it is the route that many people choose to take. However, you should always make sure you are getting the best possible deal on your vehicle, as discussed. If you are going to be buying through an auction site, know the top price you are willing to pay and do not go over that price. The same is true if you decide to use the buy now button. When you are vigilant, you can find the perfect vehicle for your needs.